NEOS Enhanced Income 1-3 Month T-Bill ETF (CSHI) — Stock Correlations & Overview
Over the past year, CSHI has moved most closely with HYBI, BNDI, XPAY. Explore the stocks most correlated and inversely correlated with CSHI below, along with its price, financials, and company profile.
Stocks correlated with CSHI
Correlation of daily returns. Higher positive values move with CSHI; negative values move opposite it. Informational only, not investment advice.
Most correlated with CSHI
| Symbol | Company | Correlation |
|---|---|---|
| HYBI | NEOS Enhanced Income Credit Select ETF | 0.72 |
| BNDI | NEOS Enhanced Income Aggregate Bond ETF | 0.54 |
| XPAY | Roundhill S&P 500 Target 20 Managed Distribution ETF | 0.43 |
| YMAX | YieldMax Universe Fund of Option Income ETFs | 0.36 |
| SDTY | YieldMax S&P 500 0DTE Covered Call Strategy ETF | 0.36 |
Most inversely correlated with CSHI
| Symbol | Company | Correlation |
|---|---|---|
| SDOW | ProShares UltraPro Short Dow 30 | -0.29 |
| DXD | ProShares UltraShort Dow 30 | -0.29 |
| IZM | ICZOOM Group Inc. Class A Ordinary Shares | -0.29 |
| UVXY | ProShares Ultra VIX Short-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS | -0.27 |
| VIXY | ProShares VIX Short-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS | -0.27 |
Frequently asked questions about CSHI correlations
- Which stocks are most correlated with CSHI?
- Based on one year of daily returns, the stocks most correlated with NEOS Enhanced Income 1-3 Month T-Bill ETF (CSHI) are HYBI (0.72), BNDI (0.54) and XPAY (0.43). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with CSHI?
- Over the past year, the stocks most inversely correlated with NEOS Enhanced Income 1-3 Month T-Bill ETF (CSHI) are SDOW (-0.29), DXD (-0.29) and IZM (-0.29). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these CSHI correlations calculated?
- We compute the correlation of daily returns between CSHI and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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