3119.HK vs. CHPY
3119.HK (Global X Asia Semiconductor ETF) and CHPY (YieldMax Semiconductor Portfolio Option Income ETF) are both exchange-traded funds - 3119.HK is a Semiconductors fund tracking the FactSet Asia Semiconductor Index, while CHPY is a Derivative Income fund actively managed by YieldMax. 3119.HK is passively managed, while CHPY is actively managed. Over the past year, 3119.HK returned 197.07% vs 136.69% for CHPY. At a 0.24 correlation, their price movements are largely independent. 3119.HK charges 0.68%/yr vs 0.99%/yr for CHPY.
Performance
3119.HK vs. CHPY - Performance Comparison
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Different Trading Currencies
3119.HK is traded in HKD, while CHPY is traded in USD. To make them comparable, the CHPY values have been converted to HKD using the latest available exchange rates.
Returns By Period
In the year-to-date period, 3119.HK achieves a 110.95% return, which is significantly higher than CHPY's 89.97% return.
3119.HK
- 1D
- 1.35%
- 1M
- 11.77%
- YTD
- 110.95%
- 6M
- 119.99%
- 1Y
- 197.07%
- 3Y*
- 61.17%
- 5Y*
- —
- 10Y*
- —
CHPY
- 1D
- 3.26%
- 1M
- 8.91%
- YTD
- 89.97%
- 6M
- 88.45%
- 1Y
- 136.69%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
3119.HK vs. CHPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
3119.HK Global X Asia Semiconductor ETF | 110.95% | 64.27% |
CHPY YieldMax Semiconductor Portfolio Option Income ETF | 89.97% | 56.87% |
Correlation
The correlation between 3119.HK and CHPY is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2025 | 0.24 |
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Return for Risk
3119.HK vs. CHPY — Risk / Return Rank
3119.HK
CHPY
3119.HK vs. CHPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Asia Semiconductor ETF (3119.HK) and YieldMax Semiconductor Portfolio Option Income ETF (CHPY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| 3119.HK | CHPY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.66 | ||
| Omega ratioGain probability vs. loss probability | 1.71 | 1.65 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 9.93 | 11.47 | -1.54 |
| Martin ratioReturn relative to average drawdown | 39.21 | 39.59 | -0.38 |
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Drawdowns
3119.HK vs. CHPY - Drawdown Comparison
The maximum 3119.HK drawdown since its inception was -45.34%, which is greater than CHPY's maximum drawdown of -12.28%. Use the drawdown chart below to compare losses from any high point for 3119.HK and CHPY.
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Drawdown Indicators
| 3119.HK | CHPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.34% | -12.28% | -33.06% |
Max Drawdown (1Y)Largest decline over 1 year | -21.26% | -11.99% | -9.27% |
Max Drawdown (3Y)Largest decline over 3 years | -24.59% | — | — |
Current DrawdownCurrent decline from peak | -4.76% | -3.95% | -0.81% |
Average DrawdownAverage peak-to-trough decline | -15.71% | -2.15% | -13.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.31% | 3.47% | +1.84% |
Volatility
3119.HK vs. CHPY - Volatility Comparison
The current volatility for Global X Asia Semiconductor ETF (3119.HK) is 16.92%, while YieldMax Semiconductor Portfolio Option Income ETF (CHPY) has a volatility of 19.32%. This indicates that 3119.HK experiences smaller price fluctuations and is considered to be less risky than CHPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 3119.HK | CHPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.92% | 19.32% | -2.40% |
Volatility (6M)Calculated over the trailing 6-month period | 35.19% | 28.03% | +7.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.10% | 32.68% | +7.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.95% | 36.33% | -5.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.95% | 36.33% | -5.38% |
3119.HK vs. CHPY - Expense Ratio Comparison
3119.HK has a 0.68% expense ratio, which is lower than CHPY's 0.99% expense ratio.
Dividends
3119.HK vs. CHPY - Dividend Comparison
3119.HK has not paid dividends to shareholders, while CHPY's dividend yield for the trailing twelve months is around 29.89%.
| Position | TTM | 2025 |
|---|---|---|
3119.HK Global X Asia Semiconductor ETF | 0.00% | 0.00% |
CHPY YieldMax Semiconductor Portfolio Option Income ETF | 29.89% | 28.19% |
Frequently Asked Questions
3119.HK and CHPY have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 3119.HK is cheaper at 0.68% per year. The better choice depends on whether you care most about return, fees, risk, or income.
3119.HK is cheaper with a 0.68% expense ratio, compared with 0.99% for CHPY.
3119.HK is categorized as Semiconductors, while CHPY is Derivative Income. They also come from different issuers: Global X and YieldMax. Their fees differ too: 0.68% for 3119.HK and 0.99% for CHPY.
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