Which is cheaper, CSHI or HYGM?

CSHI charges 0.38% a year and HYGM charges 0.79%, so CSHI is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

CSHI vs HYGM: Dividend Yield & Total Return

CSHI and HYGM both write options for income.

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Net assets: $2.1bn on Oct 28, 2026 for NEOS Enhanced Income 1-3 Month T-Bill ETF, and $709,071 on Nov 3, 2026 for Amplify HYG High Yield 10% Target Income ETF.

CSHI on its own →HYGM on its own →

At a glance

4.8%

CSHI cash paid, 1 year

4.9%

HYGM cash paid, since launch, Apr 21, 2026

+4.8%

CSHI total return, 1 year

+0.1%

HYGM total return, since launch, Apr 21, 2026

CSHI · 1 year to Nov 4, 2026 1.1 pts ahead of BIL

CSHI

+4.8%

BIL

+3.7%

1.1 pts ahead of BIL

CSHI over 1 year: paid 4.8%, price −0.1%, total +4.8%, BIL +3.7%, +1.1 pts. Data to Nov 4, 2026.

BIL

+3.7%

CSHI

+4.8%

4.8% of it arrived as cash

1.1 pts ahead of BIL

Total return, distributions reinvested

1.1 pts ahead of BIL

CSHI over 1 year: paid 4.8%, price −0.1%, total +4.8%, BIL +3.7%, +1.1 pts. Data to Nov 4, 2026.

BIL

+3.7%

CSHI

+4.8%

4.8% as cash

1.1 pts ahead of BIL

4.8% of it arrived as cash. Total return, distributions reinvested. CSHI over 1 year: paid 4.8%, price −0.1%, total +4.8%, BIL +3.7%, +1.1 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

HYGM · since launch to Nov 4, 2026 About even with HYG

HYGM

+0.1%

HYG

−0.1%

About even with HYG

HYGM since launch: paid 4.9%, price −4.8%, total +0.1%, HYG −0.1%, +0.2 pts. Data to Nov 4, 2026.

HYG

−0.1%

HYGM

+0.1%

about even with HYG

Total return, distributions reinvested

About even with HYG

HYGM since launch: paid 4.9%, price −4.8%, total +0.1%, HYG −0.1%, +0.2 pts. Data to Nov 4, 2026.

HYG

−0.1%

HYGM

+0.1%

about even with HYG

4.9% of it arrived as cash. Both charts share one scale, with zero at the line. HYGM since launch: paid 4.9%, price −4.8%, total +0.1%, HYG −0.1%, +0.2 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

CSHI costs 0.41 points a year less.

Points (pts) are percentage points.

CSHI vs HYGM: Dividend Yield & Total Return
Measure	CSHI	HYGM
Paid and earned
Measure	CSHI	HYGM
Total return, 1 year	+4.8%	not published
Price change	fell 0.1% (1 year)	fell 4.8% (since Apr 21, 2026)
Return of capital, issuer estimate	24% of the Oct 16, 2026 payment	50% of the Oct 30, 2026 payment
Against its benchmark
Measure	CSHI	HYGM
Benchmark	1-3 month T-bills, measured through BIL	US high yield bonds, measured through HYG
Cost and size
Measure	CSHI	HYGM
Expense ratio	0.38%	0.79%
Net assets, as of Oct 28, 2026	$2.1bn	$716,173
Holdings
Measure	CSHI	HYGM
Holdings in common	0%

Method

What they share

By the books each fund has filed, CSHI and HYGM hold 0% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026 and Nov 4, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first CSHI HYGM

Only in one fund ↓

Only in CSHI

SPXW US 11/12/26 P7025 0.02%

SPXW US 11/12/26 P6625 0.01%

SPXW US 11/12/26 P6700 0.01%

SPXW US 11/12/26 P6775 0.01%

SPXW US 11/12/26 P6925 -0.02%

SPXW US 11/12/26 P7075 -0.03%

SPXW US 11/12/26 P7150 -0.04%

SPXW US 11/12/26 P7225 -0.05%

Only in HYGM

iShares iBoxx USD High Yield Corporate Bond ETF 99.68%

HYG 11/06/2026 77.43 C -0.19%

Check overlap with more funds →

Side by side

CSHI NEOS Enhanced Income 1-3 Month T-Bill ETF · Sells put spreads on the S&P 500, investing in 1-3 month T-bills (BIL), paying monthly HYGM Amplify HYG High Yield 10% Target Income ETF · Option income on HYG, paying monthly

Issuer NEOS Amplify

Strategy put-selling overlay option income

Benchmark 1-3 month T-bills (BIL) US high yield bonds (HYG)

Pays monthly monthly

Payout rate, annualized 5.0% 10.1%

Expense ratio 0.38% 0.79%

Cash paid, 1 year 4.8% 4.9% (since launch, Apr 21, 2026)

Price change, 1 year −0.1% −4.8% (since launch, Apr 21, 2026)

Total return, 1 year +4.8% +0.1% (since launch, Apr 21, 2026)

Benchmark return, 1 year +3.7% −0.1% (since launch, Apr 21, 2026)

Ahead or behind +1.1 pts +0.2 pts (since launch, Apr 21, 2026)

Return of capital, latest estimate 24% 50%

Age 4.2 years 197 days

Net assets, CSHI as of Oct 28, 2026 and HYGM as of Nov 3, 2026 $2.1bn $709,071

As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: CSHI vs HYGM: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	CSHI	HYGM	CSHI	HYGM	CSHI	HYGM
3 months	+1.0%	−0.8%	1.2%	2.5%	+0.1 pts	+0.2 pts
6 months	+2.1%	−0.2%	2.4%	4.9%	+0.3 pts	+0.2 pts
1 year	+4.8%	–	4.8%	–	+1.2 pts	–
3 years	+16.6%	–	15.8%	–	+2.7 pts	–
Since launchNot the same days: CSHI Aug 2022 · HYGM Apr 2026	+24.5%	+0.1%	22.4%	4.9%	+4.7 pts	+0.3 pts

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Alert

About each fund

CSHI

Over the year to Nov 4, 2026, CSHI paid 4.8% of its starting value in cash distributions while its price fell 0.1%. With every distribution reinvested, the fund returned +4.8%. 1-3 month T-bills (BIL) returned +3.7% over the same days, so a holder was ahead by 1.1 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 5.0%, paid monthly. NEOS estimates that 24% of the distribution paid Oct 16, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

HYGM

Over the period from its first trade on Apr 21, 2026 to Nov 4, 2026, HYGM paid 4.9% of its starting value in cash distributions while its price fell 4.8%. With every distribution reinvested, the fund returned +0.1%. US high yield bonds (HYG) returned −0.1% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 10.1%, paid monthly. Amplify estimates that 50% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which is cheaper, CSHI or HYGM?: CSHI charges 0.38% a year and HYGM charges 0.79%, so CSHI is cheaper. Fees come from each fund's prospectus.

Other comparisons

CSHI vs HYTI CSHI vs HYGW CSHI vs FIYY CSHI vs LQDM HYGM vs LTTI HYGM vs LQDM HYGM vs TSYW HYGM vs TLTW

Where to next

1-3 month T-bills (BIL) →US high yield bonds (HYG) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →CSHI on its own →HYGM on its own →CSHI dividend history →CSHI holdings →HYGM dividend history →HYGM holdings →Method →Standards and sources →

Sources and dates

CSHI filings on SEC EDGAR ↗

CSHI prospectus with the expense ratio (SEC) ↗

CSHI 19a-1 distribution notice ↗

NEOS page for CSHI ↗

HYGM filings on SEC EDGAR ↗

HYGM prospectus with the expense ratio (SEC) ↗

HYGM 19a-1 distribution notice ↗

Amplify page for HYGM ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, CSHI against HYGM, data as of Nov 4, 2026. https://etfiq.com/compare/income/cshi-vs-hygm

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.