Data as of .
CSHI vs TLTI: which paid, and which earned it?
Over the year TLTI paid 6.4% of its price in cash against CSHI’s 5.2%, though CSHI returned more with it reinvested.
ETFIQ Return Stability Score: CSHI scores higher
Was the payout funded by returns, or by your own capital?
A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed
What they hold in common
By the books each fund has filed, CSHI and TLTI hold 0% of their money in the same securities at the same weight.
| Only in CSHI | Only in TLTI |
|---|---|
| United States Treasury Bill 12/10/2026 7.59% | United States Treasury Note/Bond 4.125% 08/15/2053 100.02% |
| United States Treasury Bill 12/03/2026 7.45% | SPXW US 10/01/26 P6800 0.01% |
| United States Treasury Bill 12/08/2026 7.45% | SPXW US 10/01/26 P6875 0.01% |
| United States Treasury Bill 11/24/2026 7.28% | SPXW US 10/01/26 P6950 0.01% |
| United States Treasury Bill 11/19/2026 7.27% | SPXW US 10/01/26 P7100 -0.01% |
| United States Treasury Bill 10/01/2026 7.24% | SPXW US 10/01/26 P7180 -0.02% |
| United States Treasury Bill 11/12/2026 7.16% | SPXW US 10/01/26 P7250 -0.02% |
| United States Treasury Bill 09/24/2026 7.11% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 21, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| CSHI | TLTI | CSHI | TLTI | CSHI | TLTI | |
| 3 months | +1.1% | −4.7% | 1.2% | 1.5% | +0.2 pts | +0.5 pts |
| 6 months | +2.5% | −2.0% | 2.4% | 3.0% | +0.8 pts | +1.1 pts |
| 1 year | +5.0% | −2.9% | 5.2% | 6.4% | +1.3 pts | +1.9 pts |
| 3 years | +16.8% | not published | 16.4% | not published | +2.7 pts | not published |
| Since launch | +23.8% | −2.9% | 22.0% | 10.6% | +4.6 pts | +1.8 pts |
| CSHI NEOS Enhanced Income 1-3 Month T-Bill ETF Covered call on BIL, paying monthly | TLTI NEOS Enhanced Income 20+ Year Treasury Bond ETF Covered call on TLT, paying monthly | |
|---|---|---|
| Issuer | NEOS | NEOS |
| Strategy | covered call | covered call |
| Benchmark | 1-3 month T-bills (BIL) | 20+ Year Treasury (TLT) |
| Pays | monthly | monthly |
| Payout rate, annualized | 5.0% | 6.3% |
| Expense ratio | 0.38% | not published |
| Cash paid, 1 year | 5.2% | 6.4% |
| Price change, 1 year | −0.4% | −9.1% |
| Total return, 1 year | +5.0% | −2.9% |
| Benchmark return, 1 year | +3.7% | −4.7% |
| Ahead or behind | +1.3 pts | +1.9 pts |
| Return of capital, latest estimate | 41% | 35% |
| Age | 1480 days | 646 days |
| Net assets | $1.9bn | $17m |
CSHI in plain words
Over the year to Sep 18, 2026, CSHI paid 5.2% of its starting value in cash distributions while its price fell 0.4%. With every distribution reinvested, the fund returned +5.0%. 1-3 month T-bills (BIL) returned +3.7% over the same days, so a holder was ahead by 1.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 5.0%, paid monthly. NEOS estimates that 41% of the distribution paid Sep 11, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
TLTI in plain words
Over the year to Sep 18, 2026, TLTI paid 6.4% of its starting value in cash distributions while its price fell 9.1%. With every distribution reinvested, the fund returned −2.9%. 20+ Year Treasury (TLT) returned −4.7% over the same days, so a holder was ahead by 1.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 6.3%, paid monthly. NEOS estimates that 35% of the distribution paid Sep 11, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which paid more, CSHI or TLTI?
- Over the year to Sep 18, 2026, CSHI paid 5.2% of its starting price in cash and TLTI paid 6.4%, so TLTI paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, CSHI or TLTI?
- With every distribution reinvested, CSHI returned +5.0% and TLTI returned −2.9% over the year to Sep 18, 2026, so CSHI returned more.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, CSHI against TLTI, data as of Sep 18, 2026. https://etfiq.com/compare/income/cshi-vs-tlti Free to use with attribution; the underlying files are at Open data.