CSHI vs JPST: Yield, Cost and Returns Compared
As of Nov 5, 2026, CSHI yields more: 4.81% (current yield) against 4.13% for JPST. JPST is cheaper to own at 0.18% a year vs 0.38%. Over the same 4 years (Aug 2022 to Oct 2026), CSHI returned 5.4% a year with distributions reinvested, and JPST 4.7%. CSHI's income is partly from Treasuries and partly from options; JPST's is mostly taxable by states.
| Compared | CSHI | JPST |
|---|---|---|
| YieldCurrent yield | 4.81% | 4.13% |
| Expense ratio | 0.38% | 0.18% |
| Total return, 1 yr | +4.8% | +3.5% |
| Total return, 3 yr (a year) | +5.3% | +4.9% |
| Total return, 5 yr (a year) | — | +3.9% |
| Worst drop since Aug 2022 | 0.0% | 0.0% |
| Share price since Aug 2022 | −1% | +0% |
| Pays | Monthly | Monthly |
| Issuer | Neos | JPMorgan |
| Assets | $2.1B | $42.5B |
| Started | 2022 | 2017 |
| Type | T-bills plus options | Ultra-short bond ETF |
Higher yield
CSHI
4.81%
Lower cost
JPST
0.18%
Better total return
CSHI
5.4%/yr
Smaller worst drop
CSHI
0.0%
Key facts: CSHI vs JPST
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, CSHI yields 4.81% (current yield) and JPST yields 4.13% (current yield).
- CSHI's expense ratio is 0.38% and JPST's is 0.18%: $38 vs $18 a year on $10,000.
- From Aug 2022 to Oct 2026, $10,000 in CSHI grew to $12,437 (5.4% a year) and $10,000 in JPST to $12,114 (4.7% a year), distributions reinvested.
- Their worst month-end drops over that time: 0.0% for CSHI and 0.0% for JPST.
- CSHI's income is partly from Treasuries and partly from options, while JPST's is mostly taxable by states.
Cite this page
SmarterDividends, "CSHI vs JPST: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/cshi-vs-jpst
$10,000 in each, Aug 2022 to Oct 2026
Distributions reinvested, month-end values.
CSHI became
$12,437
5.4% a year
JPST became
$12,114
4.7% a year
Year by year
| Year | CSHI | JPST |
|---|---|---|
| 2025 | +5.1% | +5.0% |
| 2024 | +5.6% | +5.6% |
| 2023 | +6.2% | +5.1% |
Total return each calendar year, distributions reinvested.
What each holds and how it's taxed
- CSHI · T-bills plus options
- Holds Treasury bills and sells options for extra income, so it pays more than a T-bill fund but its price can move more.
- JPST · Ultra-short bond ETF
- Holds short-term bonds, which can include corporate or asset-backed debt, for a little more yield than T-bills and a little more price movement.
General information, not tax advice. Every cash fund by yield →
Top holdings
No overlap in the top ten.
CSHI
- Holdings not reported.
JPST
- MGMXX JPMorgan US Government MMkt IM2.9%
CSHI vs JPST: questions
Is CSHI or JPST better?
It depends on the job. CSHI pays more today (4.81% vs 4.13%), JPST costs less, and CSHI has the better total return over Aug 2022 to Oct 2026, with CSHI holding up better in its worst stretch. For cash you may need soon, yield after tax and how easily you can get the money out matter more than past returns.
Which pays a higher dividend, CSHI or JPST?
CSHI, at 4.81% against 4.13% for JPST as of Nov 5, 2026. On $10,000 that's about $481 vs $413 a year at today's rates.
Which has the better total return?
CSHI. From Aug 2022 to Oct 2026, it returned 5.4% a year with distributions reinvested, against 4.7% for JPST. $10,000 became $12,437 vs $12,114.
Which is cheaper, CSHI or JPST?
JPST, with a 0.18% expense ratio against 0.38%.
How are CSHI and JPST taxed?
CSHI: Holds Treasury bills and sells options for extra income, so it pays more than a T-bill fund but its price can move more. JPST: Holds short-term bonds, which can include corporate or asset-backed debt, for a little more yield than T-bills and a little more price movement. General information, not tax advice.
Related comparisons
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. CSHI leads on 3 of 4 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.