Compare/Updated Oct 26, 2026, refreshed every trading day
CSHI vs SGOV
Neos Enhanced Income Cash Alternative ETF against iShares 0-3 Month Treasury Bond ETF: 4 years of returns, risk and today’s technical read, from Kavout’s own data.
CSHI did better over the 1,000-trading-day period: $1,000 invested on October 28, 2022 would be worth $1,234 today, versus $1,193 for SGOV. CSHI also led across every listed return period and outperformed SGOV in 37 of the last 48 months, typically by 0.06 points. The trade-off was higher risk: CSHI’s 12-month volatility was 0.7% versus 0.3% for SGOV, and its worst drawdown was -1.7% compared with SGOV’s -0.3%. CSHI’s 0.38% expense ratio was also higher than SGOV’s 0.09%. SGOV therefore offered greater stability, lower costs and substantially larger fund assets, while CSHI delivered the stronger return with modestly higher risk. Their near-zero correlation indicates that CSHI’s performance was largely independent of SGOV’s daily movements.
- Price is above its 200-day average ($49); 50-day at $49.
- RSI 81, overbought. Supertrend says buy. ADX 79, so the trend is strong.
- Price is above its 200-day average ($99); 50-day at $100.
- RSI 72, overbought. Supertrend says buy. ADX 44, so the trend is strong.
Head to head
Which has returned more, CSHI or SGOV?
CSHI beat SGOV in 37 of the last 48 months; SGOV won the other 11. The typical monthly gap was 0.06 points.
Total return by period
Which is riskier?
CSHI: Apr 2, 2025 to Apr 8, 2025; SGOV: Sep 29, 2026 to Oct 1, 2026
- -0.003
- correlation of daily moves, 4 years
- -0.01
- CSHI move per 1% in SGOV
- -0.076
- correlation, last 12 months
Month by month
Of the last 48 months. The typical gap was 0.06 points.
When did they diverge?
| Month | CSHI | SGOV | Gap |
|---|---|---|---|
| January 2023 | +0.7% | +0.3% | +0.35 pts |
| May 2025 | +0.7% | +0.4% | +0.34 pts |
| October 2026 | +0.3% | -0.0% | +0.32 pts |
| March 2026 | +0.6% | +0.3% | +0.29 pts |
Where the numbers come from. 1000 daily adjusted closes per fund from the Kavout market-data API, dividends included. Signals and indicators are Kavout’s own, refreshed nightly. Every figure is calculated from those adjusted closes.
Holdings and fees
What do you actually own with CSHI and SGOV?
Go deeper
Ask InvestGPT which one fits your portfolio.
Eight research agents read your holdings, the overlap and the tax side, then answer in plain words. Free accounts get one report a month.
More comparisons
Find another comparison.
Track both, get told when something changes.
Add CSHI and SGOV to a watchlist and Kavout emails you when a signal flips or a price target is hit.
Free account, no card