Data as of Nov 4, 2026.
CSHI vs TLTI: Dividend Yield & Total Return
Over the year to Nov 4, 2026, TLTI paid 5.8% of its price in cash against CSHI’s 4.8%, though CSHI returned more with it reinvested.
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Net assets on Oct 28, 2026: $2.1bn for NEOS Enhanced Income 1-3 Month T-Bill ETF and $21m for NEOS Enhanced Income 20+ Year Treasury Bond ETF.
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% 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, 2026.1.7 pts ahead of TLT
TLTI over 1 year: paid 5.8%, price −8.8%, total −3.1%, TLT −4.8%, +1.7 pts. Data to Nov 4, 2026.
TLT
−4.8%
TLTI
−3.1%
1.7 pts ahead of TLT
Total return, distributions reinvested
1.7 pts ahead of TLT
TLTI over 1 year: paid 5.8%, price −8.8%, total −3.1%, TLT −4.8%, +1.7 pts. Data to Nov 4, 2026.
TLT
−4.8%
TLTI
−3.1%
1.7 pts ahead of TLT
5.8% of it arrived as cash. Both charts share one scale, with zero at the line. TLTI over 1 year: paid 5.8%, price −8.8%, total −3.1%, TLT −4.8%, +1.7 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
CSHI costs 0.20 points a year less; their one-year returns differ by 7.9 points; CSHI is far larger, $2.1bn against $21m.
Points (pts) are percentage points.
| Measure | CSHI | TLTI |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +4.8% | −3.1% |
| Price change, 1 year | fell 0.1% | fell 8.8% |
| Return of capital, issuer estimate | 24% of the Oct 16, 2026 payment | 19% of the Oct 16, 2026 payment |
| Against its benchmark | ||
| Benchmark | 1-3 month T-bills, measured through BIL | 20+ Year Treasury, measured through TLT |
| Cost and size | ||
| Expense ratio | 0.38% | 0.58% |
| Net assets, as of Oct 28, 2026 | $2.1bn | $21m |
| Holdings | ||
| Holdings in common | 0% | |
How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed
One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →
Risk and return
Dec 20, 2024 to Oct 30, 2026 · 97 weekly returnsEach against its own benchmark: CSHI against BIL, Sep 9, 2022 to Oct 30, 2026; TLTI against TLT, Dec 20, 2024 to Oct 30, 2026.
From Dec 2024 to Oct 2026, CSHI returned more: +9.4% to +2.0%. CSHI swung less: 1.3% to 10.2%. CSHI fell less at its worst: −1.3% to −10.7%.
Full scorecard
18 measures, with how each is measured Open ↓
| Measure | CSHI | TLTI | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +9.4% | +2.0% | CSHI | Price change plus distributions, reinvested. |
| Annualized | +4.9% | +1.1% | CSHI | Total return as a yearly rate. |
| Price return | −0.6% | −9.4% | CSHI | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 1.3% | 10.2% | CSHI | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 1.0% | 7.8% | CSHI | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −1.3% | −10.7% | CSHI | Deepest fall from a high to the low after it. |
| Upside capture | 121.5% | 94.8% | Share of its benchmark's rise caught in the weeks it rose. | |
| Beta | 0.46 | 0.96 | Not an edge | How far it moves for each 1% its benchmark moves. |
| R squared | 0.01 | 0.99 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | ||||
| Sharpe | 0.65 | −0.24 | CSHI | Return above Treasury bills per unit of volatility. |
| Sortino | 0.82 | −0.31 | CSHI | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.014 | −0.025 | Return above Treasury bills per unit of beta. | |
| Calmar | 3.84 | 0.10 | CSHI | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | BIL | TLT | The ETF each fund is measured against. | |
| Alpha | +0.8% a year | +0.8% a year | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | 1.61 | 1.06 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | −0.2% to +1.7% | −0.7% to +2.2% | Includes zero | The 95% range for the yearly alpha. |
| Information ratio | 0.95 | 0.84 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 1.0% | 1.1% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 97 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, CSHI and TLTI hold 0% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.
half
0% in common
Only in one fund ↓
Side by side
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
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | CSHI | TLTI | CSHI | TLTI | CSHI | TLTI |
| 3 months | +1.0% | −0.1% | 1.2% | 1.5% | +0.1 pts | +0.2 pts |
| 6 months | +2.1% | −2.2% | 2.4% | 2.9% | +0.3 pts | +0.5 pts |
| 1 year | +4.8% | −3.1% | 4.8% | 5.8% | +1.2 pts | +1.7 pts |
| 3 years | +16.6% | – | 15.8% | – | +2.7 pts | – |
| Since launchNot the same days: CSHI Aug 2022 · TLTI Dec 2024 | +24.5% | −1.5% | 22.4% | 11.0% | +4.7 pts | +1.9 pts |
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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.
TLTI
Over the year to Nov 4, 2026, TLTI paid 5.8% of its starting value in cash distributions while its price fell 8.8%. With every distribution reinvested, the fund returned −3.1%. 20+ Year Treasury (TLT) returned −4.8% over the same days, so a holder was ahead by 1.7 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 6.0%, paid monthly. NEOS estimates that 19% of the distribution paid Oct 16, 2026 was a return of capital (its 19a-1 notice).
Questions people ask
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How this is computed
It is a place in a set, not a rating or a recommendation.
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
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ETFIQ, CSHI against TLTI, data as of Nov 4, 2026. https://etfiq.com/compare/income/cshi-vs-tlti
ETFIQ. (Nov 4, 2026). CSHI against TLTI. Retrieved from https://etfiq.com/compare/income/cshi-vs-tlti
[CSHI against TLTI (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/cshi-vs-tlti)
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