iShares Enhanced Short-Term Bond Active ETF

iShares Enhanced Short-Term Bond Active ETF

About

iShares Enhanced Short-Term Bond Active ETF (US09290C8221) is a US-listed bond ETF tracking the ICE BofA 3-Month U.S. Treasury Bill Index. With a expense ratio of 0.2%, it is competitively priced, paying distributions. The fund holds 69 positions across 5 regions with 190M in assets, with heavy concentration — 62% in United States, 54% in cash & equivalents.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jun 22, 2026
Component Score Details
Cost (30%) 8.5 Tracking Difference: 9.8 · TD Consistency: — · Expense Ratio: 5.5
Liquidity (25%) 6.3 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker CSHP
ISIN
Fund Size $190.4M
Issuer iShares
Distribution Pays Distributions
Replication Physical
Inception Jul 2024
Base Currency USD
Index ICE BofA 3-Month U.S. Treasury Bill Index
Asset Class Bonds
Category Money Market

Costs

8.5
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.

Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.20%

Cumulative Returns

Performance across different time periods.
Year to Date+0.00%
1 Year+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month
3 Months
6 Months
1 Year +3.96%
3 Years
5 Years
10 Years
YTD +1.58%
Since Inception +4.29%

Holdings

This fund invests into 69 individual investments.
#1
United States Treasury Bill
22.04%
#2
United States Treasury Bill
10.50%
#3
United States Treasury Bill
9.68%
#4
United States Treasury Bill
6.07%
#5
REPUBLIC OF I BOT % 14Aug26
5.00%
#6
FRENCH REPUBL BTF % 26Aug26
5.00%
#7
KINGDOM OF SP TBIP % 04Sep26
5.00%
#8
PORTUGAL TBIP % 20Nov26
5.00%
#9
TREASURY (CPI) NOTE
4.92%
#10
JAPAN (GOVERNMENT OF) #1361
4.92%
View all holdings (50)
# Holding Ticker Weight
1 United States Treasury Bill TBILL 2203.88%
2 United States Treasury Bill TBILL 1049.80%
3 United States Treasury Bill TBILL 967.88%
4 United States Treasury Bill TBILL 606.96%
5 REPUBLIC OF I BOT % 14Aug26 BOTS 500.04%
6 FRENCH REPUBL BTF % 26Aug26 BTF 499.97%
7 KINGDOM OF SP TBIP % 04Sep26 SGLT 499.84%
8 PORTUGAL TBIP % 20Nov26 PORTB 499.64%
9 TREASURY (CPI) NOTE TIPS 492.16%
10 JAPAN (GOVERNMENT OF) #1361 JTDB 491.69%
11 CANADA (GOVERNMENT OF) CTB 485.45%
12 United States Treasury Bill TBILL 418.34%
13 United States Treasury Bill TBILL 165.41%
14 WELLS FARGO & COMPANY WFC 150.71%
15 FORD MOTOR CREDIT COMPANY LLC F 53.36%
16 MORGAN STANLEY MS 53.21%
17 AERCAP IRELAND CAPITAL DAC AER 52.38%
18 L3HARRIS TECHNOLOGIES INC LHX 51.78%
19 HCA INC HCA 51.08%
20 DELL INTERNATIONAL LLC DELL 50.88%
21 RTX CORP RTX 50.87%
22 BANK OF AMERICA CORP MTN BAC 50.65%
23 BP CAPITAL MARKETS AMERICA INC BPLN 50.63%
24 CITIGROUP INC C 50.37%
25 ABBVIE INC 2.95% Nov26 ABBV 50.19%
26 ADOBE INC ADBE 50.10%
27 NOVARTIS CAPITAL CORP NOVNVX 49.96%
28 CARRIER GLOBA 2.493% Feb27 CARR 39.78%
29 GOLDMAN SACHS 3.85% Jan27 GS 38.42%
30 CASH COLLATERAL USD GSCFT GSCFT 29.94%
31 SUMITOMO MITSUI TRUST BANK LTD FRN MTN 144A SUMITR 26.33%
32 ORACLE CORPORATION ORCL 25.05%
33 AMERICAN EXPR FRN Nov26 AXP 24.96%
34 CAD/USD CAD 23.94%
35 JPY/USD JPY 15.40%
36 BLK CSH FND TREASURY SL AGENCY XTSLA 14.71%
37 EUR/USD EUR 10.12%
38 EUR/USD EUR 10.12%
39 EUR/USD EUR 10.12%
40 EUR/USD EUR 9.95%
41 USD CASH USD 8.72%
42 GBP CASH GBP 6.70%
43 EUR CASH EUR 5.50%
44 AUD CASH AUD 2.28%
45 CAD CASH CAD 2.11%
46 DERIV USD BALANCE WITH R93538 LCH DERIV_USD 1.81%
47 JPY CASH JPY 0.13%
48 THREE MONTH SONIA (ICE) JUN 27 SFIM7 0.00%
49 3MO EURO EURIBOR DEC 27 ERZ7 0.00%
50 THREE MONTH SONIA (ICE) SEP 27 SFIU7 0.00%

Sectors

Allocation by industry sector.
 
Sector Weight
Cash & Equivalents 5412.00%
Government Bonds 2492.00%
Unknown 1842.00%
Technology 101.00%
Financials 63.00%
Health Care 50.00%
Industrials 40.00%

Regions

Geographic allocation by country of risk.
 
Country Weight
United States 6159.00%
UNKNOWN 1841.00%
Spain 500.00%
France 500.00%
Italy 500.00%
Portugal 500.00%
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