ADP vs. CHPY

Last updated Aug 1, 2026

ADP (Automatic Data Processing, Inc.) is a stock, while CHPY (YieldMax Semiconductor Portfolio Option Income ETF) is Derivative Income fund actively managed by YieldMax. Over the past year, ADP returned -8.85% vs 93.51% for CHPY. Their -0.20 correlation means they have often moved in opposite directions in the past.

Performance

ADP vs. CHPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Automatic Data Processing, Inc. (ADP) and YieldMax Semiconductor Portfolio Option Income ETF (CHPY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ADP achieves a 5.24% return, which is significantly lower than CHPY's 55.50% return.

ADP

• 1D: 0.98%
• 1M: 9.98%
• 6M: 9.68%
• YTD: 5.24%
• 1Y: -8.85%
• 3Y*: 4.81%
• 5Y*: 7.24%
• 10Y*: 14.19%
• ALL TIME*: 14.17%

CHPY

• 1D: 0.27%
• 1M: -11.10%
• 6M: 39.35%
• YTD: 55.50%
• 1Y: 93.51%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 95.90%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ADP Automatic Data Processing, Inc.	$692.52M	$605.05M	$636.26M
CHPY YieldMax Semiconductor Portfolio Option Income ETF	$53.10M	$56.24M	$62.00M

ADP vs. CHPY - Yearly Performance Comparison

	2026 (YTD)	2025
ADP Automatic Data Processing, Inc.	5.24%	-14.87%
CHPY YieldMax Semiconductor Portfolio Option Income ETF	55.50%	56.76%

Correlation

The correlation between ADP and CHPY is -0.33, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.33
Correlation (All Time) Calculated using the full available price history since Apr 3, 2025	-0.20

The correlation between ADP and CHPY shifts across timeframes, from -0.33 (1 year) to -0.20 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ADP vs. CHPY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ADP

ADP Risk / Return Rank: 28
ADP Sharpe Ratio Rank: 25
ADP Sortino Ratio Rank: 22
ADP Omega Ratio Rank: 23
ADP Calmar Ratio Rank: 34
ADP Martin Ratio Rank: 34

CHPY

CHPY Risk / Return Rank: 89
CHPY Sharpe Ratio Rank: 92
CHPY Sortino Ratio Rank: 85
CHPY Omega Ratio Rank: 88
CHPY Calmar Ratio Rank: 86
CHPY Martin Ratio Rank: 92

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ADP vs. CHPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Automatic Data Processing, Inc. (ADP) 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.

	ADP	CHPY	Difference
Sharpe ratio: Return per unit of total volatility	-0.43	2.41	-2.84
Sortino ratio: Return per unit of downside risk	-0.47	2.82	-3.29
Omega ratio: Gain probability vs. loss probability	0.95	1.39	-0.44
Calmar ratio: Return relative to maximum drawdown	-0.31	3.33	-3.64
Martin ratio: Return relative to average drawdown	-0.54	15.63	-16.17

ADP vs. CHPY - Sharpe Ratio Comparison

The current ADP Sharpe Ratio is -0.43, which is lower than the CHPY Sharpe Ratio of 2.41. The chart below compares the historical Sharpe Ratios of ADP and CHPY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ADP vs. CHPY - Drawdown Comparison

The maximum ADP drawdown since its inception was -59.51%, which is greater than CHPY's maximum drawdown of -27.64%. Use the drawdown chart below to compare losses from any high point for ADP and CHPY.

Drawdown Indicators

	ADP	CHPY	Difference
Max Drawdown Largest peak-to-trough decline	-59.51%	-27.64%	-31.87%
Max Drawdown (1Y) Largest decline over 1 year	-37.68%	-27.64%	-10.04%
Max Drawdown (3Y) Largest decline over 3 years	-40.78%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-40.78%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-40.78%	—	—
Current Drawdown Current decline from peak	-15.78%	-20.81%	+5.03%
Average Drawdown Average peak-to-trough decline	-12.63%	-3.03%	-9.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.40%	5.88%	+15.52%

Volatility

ADP vs. CHPY - Volatility Comparison

The current volatility for Automatic Data Processing, Inc. (ADP) is 10.56%, while YieldMax Semiconductor Portfolio Option Income ETF (CHPY) has a volatility of 17.69%. This indicates that ADP 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.

Volatility by Period

	ADP	CHPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.56%	17.69%	-7.13%
Volatility (6M) Calculated over the trailing 6-month period	23.32%	34.00%	-10.68%
Volatility (1Y) Calculated over the trailing 1-year period	26.92%	38.28%	-11.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.72%	39.15%	-16.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.71%	39.15%	-14.44%

Dividends

ADP vs. CHPY - Dividend Comparison

ADP's dividend yield for the trailing twelve months is around 2.49%, less than CHPY's 38.69% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ADP Automatic Data Processing, Inc.	2.49%	2.46%	1.96%	2.21%	1.83%	1.55%	2.08%	1.92%	2.14%	2.00%	2.10%	2.36%
CHPY YieldMax Semiconductor Portfolio Option Income ETF	38.69%	28.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ADP and CHPY in my portfolio?

ADP and CHPY have a correlation of -0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ADP or CHPY?

CHPY has higher volatility (17.69%) compared to ADP (10.56%). In terms of maximum drawdown, ADP dropped -59.51% vs CHPY's -27.64%.

Which has better risk-adjusted returns?

CHPY currently has the higher Sharpe Ratio (2.41 vs -0.43), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.