ASMH vs. CHPS

Last updated Jul 17, 2026

ASMH (ASML Holding NV ADR Hedged ETF) and CHPS (Xtrackers Semiconductor Select Equity ETF) are both exchange-traded funds - ASMH is a Technology Equities fund tracking the ASML Holding NV Sponsored ADR, while CHPS is a Semiconductors fund tracking the Solactive Semiconductor ESG Screened Index. Both are passively managed. Over the past year, ASMH returned 143.52% vs 137.41% for CHPS. A 0.77 correlation means they provide meaningful diversification when combined. ASMH charges 0.19%/yr vs 0.15%/yr for CHPS.

Performance

ASMH vs. CHPS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ASML Holding NV ADR Hedged ETF (ASMH) and Xtrackers Semiconductor Select Equity ETF (CHPS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ASMH achieves a 71.44% return, which is significantly lower than CHPS's 78.69% return.

ASMH

• 1D: -2.11%
• 1M: 0.25%
• 6M: 36.58%
• YTD: 71.44%
• 1Y: 143.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CHPS

• 1D: -5.25%
• 1M: -12.71%
• 6M: 57.64%
• YTD: 78.69%
• 1Y: 137.41%
• 3Y*: 49.66%
• 5Y*: —
• 10Y*: —

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

ASMH vs. CHPS - Yearly Performance Comparison

	2026 (YTD)	2025
ASMH ASML Holding NV ADR Hedged ETF	71.44%	59.22%
CHPS Xtrackers Semiconductor Select Equity ETF	78.69%	92.81%

Correlation

The correlation between ASMH and CHPS is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.79
Correlation (All Time) Calculated using the full available price history since Apr 23, 2025	0.77

The correlation between ASMH and CHPS has been stable across timeframes, ranging from 0.77 to 0.79 - a consistent structural relationship.

Return for Risk

ASMH vs. CHPS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ASMH

ASMH Risk / Return Rank: 95
ASMH Sharpe Ratio Rank: 97
ASMH Sortino Ratio Rank: 93
ASMH Omega Ratio Rank: 89
ASMH Calmar Ratio Rank: 98
ASMH Martin Ratio Rank: 96

CHPS

CHPS Risk / Return Rank: 93
CHPS Sharpe Ratio Rank: 96
CHPS Sortino Ratio Rank: 89
CHPS Omega Ratio Rank: 89
CHPS Calmar Ratio Rank: 95
CHPS Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ASMH vs. CHPS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ASML Holding NV ADR Hedged ETF (ASMH) and Xtrackers Semiconductor Select Equity ETF (CHPS). 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.

	ASMH	CHPS	Difference
Sharpe ratio: Return per unit of total volatility	3.37	3.20	+0.17
Sortino ratio: Return per unit of downside risk	3.73	3.33	+0.39
Omega ratio: Gain probability vs. loss probability	1.45	1.45	0.00
Calmar ratio: Return relative to maximum drawdown	9.79	6.42	+3.37
Martin ratio: Return relative to average drawdown	28.17	23.71	+4.47

ASMH vs. CHPS - Sharpe Ratio Comparison

The current ASMH Sharpe Ratio is 3.37, which is comparable to the CHPS Sharpe Ratio of 3.20. The chart below compares the historical Sharpe Ratios of ASMH and CHPS, 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

ASMH vs. CHPS - Drawdown Comparison

The maximum ASMH drawdown since its inception was -15.89%, smaller than the maximum CHPS drawdown of -39.44%. Use the drawdown chart below to compare losses from any high point for ASMH and CHPS.

Drawdown Indicators

	ASMH	CHPS	Difference
Max Drawdown Largest peak-to-trough decline	-15.89%	-39.44%	+23.55%
Max Drawdown (1Y) Largest decline over 1 year	-14.75%	-21.52%	+6.77%
Max Drawdown (3Y) Largest decline over 3 years	—	-39.44%	—
Current Drawdown Current decline from peak	-10.51%	-21.52%	+11.01%
Average Drawdown Average peak-to-trough decline	-4.41%	-9.15%	+4.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.17%	5.82%	-0.65%

Volatility

ASMH vs. CHPS - Volatility Comparison

The current volatility for ASML Holding NV ADR Hedged ETF (ASMH) is 18.11%, while Xtrackers Semiconductor Select Equity ETF (CHPS) has a volatility of 21.77%. This indicates that ASMH experiences smaller price fluctuations and is considered to be less risky than CHPS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ASMH	CHPS	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.11%	21.77%	-3.66%
Volatility (6M) Calculated over the trailing 6-month period	34.14%	38.10%	-3.96%
Volatility (1Y) Calculated over the trailing 1-year period	43.78%	43.24%	+0.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.26%	36.55%	+4.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.26%	36.55%	+4.71%

ASMH vs. CHPS - Expense Ratio Comparison

ASMH has a 0.19% expense ratio, which is higher than CHPS's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

ASMH vs. CHPS - Dividend Comparison

ASMH's dividend yield for the trailing twelve months is around 1.63%, more than CHPS's 0.36% yield.

Position	TTM	2025	2024	2023
ASMH ASML Holding NV ADR Hedged ETF	1.63%	0.19%	0.00%	0.00%
CHPS Xtrackers Semiconductor Select Equity ETF	0.36%	0.68%	1.75%	0.36%

Frequently Asked Questions

Can I hold both ASMH and CHPS in my portfolio?

ASMH and CHPS have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ASMH or CHPS?

CHPS has higher volatility (21.77%) compared to ASMH (18.11%). In terms of maximum drawdown, ASMH dropped -15.89% vs CHPS's -39.44%.

Which ETF is better, ASMH or CHPS?

On 1-year performance, ASMH leads with 143.52% vs 137.41% for CHPS. On fees, CHPS is cheaper at 0.15% per year. On volatility, ASMH has been the lower-risk option at 18.11%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ASMH or CHPS?

Over the 1-year period, ASMH has performed better with a 143.52% return vs 137.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ASMH or CHPS?

CHPS is cheaper with a 0.15% expense ratio, compared with 0.19% for ASMH.

Which ETF pays a higher dividend yield, ASMH or CHPS?

ASMH has the higher dividend yield at 1.63%, compared with 0.36% for CHPS.

What is the main difference between ASMH and CHPS?

ASMH is categorized as Technology Equities, while CHPS is Semiconductors. ASMH tracks ASML Holding NV Sponsored ADR, while CHPS tracks Solactive Semiconductor ESG Screened Index. They also come from different issuers: Precidian Funds and Xtrackers. Their fees differ too: 0.19% for ASMH and 0.15% for CHPS.

Which has better risk-adjusted returns?

ASMH currently has the higher Sharpe Ratio (3.37 vs 3.20), 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.