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NEOS Enhanced Income Cash Alternative ETF

CSHI
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 30 2022
Expense Ratio
0.38%
Type
US Bonds
Fund Owner
NEOS Funds
Volume (1m avg. daily)
$382,492
AUM
$9,490,234
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Dividend
No
Prospectus

Top 10 Holdings

912796YU7
UNITED STATES TREAS BILLS 04/13/2023
39.51%
912796Y78
UNITED STATES TREAS BILLS 02/28/2023
30.00%
912796U31
UNITED STATES TREAS BILLS 03/23/2023
29.91%
n/a
Cash & Other
0.63%
n/a
CBOE S&P PUT OPT 02/23 3675
0.01%
n/a
CBOE S&P PUT OPT 02/23 3510
0.01%
n/a
CBOE S&P PUT OPT 02/23 3550
0.01%
n/a
S&P DOW PUT OPT 02/23 3475
0.00%
n/a
CBOE S&P PUT OPT 02/23 3625
-0.01%
n/a
S&P DOW PUT OPT 02/23 3715
-0.02%
Invest with CSHI

What is CSHI?

The Fund seeks to distribute monthly income generated from investing in a portfolio of 1-3 month Treasury Bills and implementing a data-driven put option strategy. Actively managed by NEOS, the Fund seeks to take advantage of tax loss harvesting opportunities in addition to utilizing SPX Index options classified as section 1256 contracts, which are subject to lower 60/40 tax rates. The Fund utilizes a put option strategy consisting of written (sold) and purchased put options on the SPX index that seeks to enhance the income generated from the underying T-Bills while maintaining a low risk profile.

ETFs related toCSHI

ETFs correlated to CSHI include PUTW, FVC, PDEC

CSHI
SHP ETF Trust - NEOS Enhanced Income Cash Alternative ETF
PUTW
WisdomTree Trust - WisdomTree PutWrite Strategy Fund
FVC
First Trust Exchange-Traded Fund III - First Trust Dorsey Wright Dynamic Focus 5 ETF
PDEC
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - December
XYLD
Global X Funds - Global X S&P 500 Covered Call ETF
PPIE
Putnam ETF Trust - Putnam PanAgora ESG International Equity ETF
PSMD
Pacer Funds Trust - Pacer Swan SOS Moderate (January) ETF
XBOC
Innovator ETFs Trust - Innovator U.S. Equity Accelerated 9 Buffer ETF - October
JANW
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer20 Jan ETF
VMAT
Managed Portfolio Series - V-Shares MSCI World ESG Materiality and Carbon Transition ETF
PSFM
Pacer Funds Trust - Pacer Swan SOS Flex (April) ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toCSHI

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Can contain

CSHISHY
#HFEAR

Hedgefundie's Excellent Adventure Refined

Category

Balance Risk Not Assets, Lever Up, Composer's Picks

Risk Rating

Aggressive

Can contain

CSHIIEI

Create your own algorithmic trading strategy with CSHI using Composer

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.