BGIN.NEO vs. CHPS-U.TO

Last updated Jun 5, 2026

BGIN.NEO (BMO Global Innovators Fund Active ETF Series) and CHPS-U.TO (Global X Artificial Intelligence Semiconductor Index ETF) are both exchange-traded funds - BGIN.NEO is a Technology Equities fund actively managed by BMO, while CHPS-U.TO is a Semiconductors fund tracking the PHLX US AI Semiconductor Index. BGIN.NEO is actively managed, while CHPS-U.TO is passively managed. Over the past year, BGIN.NEO returned 84.48% vs 130.20% for CHPS-U.TO. At a 0.16 correlation, their price movements are largely independent. BGIN.NEO charges 1.07%/yr vs 0.63%/yr for CHPS-U.TO.

Performance

BGIN.NEO vs. CHPS-U.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in BMO Global Innovators Fund Active ETF Series (BGIN.NEO) and Global X Artificial Intelligence Semiconductor Index ETF (CHPS-U.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

BGIN.NEO is traded in CAD, while CHPS-U.TO is traded in USD. To make them comparable, the CHPS-U.TO values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, BGIN.NEO achieves a 51.05% return, which is significantly lower than CHPS-U.TO's 62.62% return.

BGIN.NEO

• 1D: -2.25%
• 1M: 17.03%
• YTD: 51.05%
• 6M: 49.76%
• 1Y: 84.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CHPS-U.TO

• 1D: -1.41%
• 1M: 23.82%
• YTD: 62.62%
• 6M: 56.98%
• 1Y: 130.20%
• 3Y*: 50.61%
• 5Y*: —
• 10Y*: —

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

BGIN.NEO vs. CHPS-U.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BGIN.NEO BMO Global Innovators Fund Active ETF Series	51.05%	19.37%	32.08%	11.72%
CHPS-U.TO Global X Artificial Intelligence Semiconductor Index ETF	62.62%	44.87%	21.17%	18.76%

Correlation

The correlation between BGIN.NEO and CHPS-U.TO is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (All Time) Calculated using the full available price history since Jun 28, 2023	0.16

Return for Risk

BGIN.NEO vs. CHPS-U.TO — Risk / Return Rank

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

BGIN.NEO

BGIN.NEO Risk / Return Rank: 91
BGIN.NEO Sharpe Ratio Rank: 92
BGIN.NEO Sortino Ratio Rank: 87
BGIN.NEO Omega Ratio Rank: 92
BGIN.NEO Calmar Ratio Rank: 93
BGIN.NEO Martin Ratio Rank: 90

CHPS-U.TO

CHPS-U.TO Risk / Return Rank: 93
CHPS-U.TO Sharpe Ratio Rank: 94
CHPS-U.TO Sortino Ratio Rank: 90
CHPS-U.TO Omega Ratio Rank: 90
CHPS-U.TO Calmar Ratio Rank: 96
CHPS-U.TO 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.

BGIN.NEO vs. CHPS-U.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BMO Global Innovators Fund Active ETF Series (BGIN.NEO) and Global X Artificial Intelligence Semiconductor Index ETF (CHPS-U.TO). 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.

	BGIN.NEO	CHPS-U.TO	Difference
Sharpe ratio: Return per unit of total volatility	3.26	3.76	-0.50
Sortino ratio: Return per unit of downside risk	3.85	4.22	-0.37
Omega ratio: Gain probability vs. loss probability	1.61	1.58	+0.03
Calmar ratio: Return relative to maximum drawdown	6.42	9.57	-3.15
Martin ratio: Return relative to average drawdown	20.31	30.92	-10.61
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BGIN.NEO vs. CHPS-U.TO - Sharpe Ratio Comparison

The current BGIN.NEO Sharpe Ratio is 3.26, which is comparable to the CHPS-U.TO Sharpe Ratio of 3.76. The chart below compares the historical Sharpe Ratios of BGIN.NEO and CHPS-U.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BGIN.NEO	CHPS-U.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.26	3.76	-0.50
Sharpe Ratio (All Time) Calculated using the full available price history	1.52	0.64	+0.88

Drawdowns

BGIN.NEO vs. CHPS-U.TO - Drawdown Comparison

The maximum BGIN.NEO drawdown since its inception was -29.19%, smaller than the maximum CHPS-U.TO drawdown of -48.89%. Use the drawdown chart below to compare losses from any high point for BGIN.NEO and CHPS-U.TO.

Drawdown Indicators

	BGIN.NEO	CHPS-U.TO	Difference
Max Drawdown Largest peak-to-trough decline	-29.19%	-48.89%	+19.70%
Max Drawdown (1Y) Largest decline over 1 year	-13.23%	-13.68%	+0.45%
Max Drawdown (3Y) Largest decline over 3 years	—	-36.00%	—
Current Drawdown Current decline from peak	-2.25%	-1.41%	-0.84%
Average Drawdown Average peak-to-trough decline	-4.44%	-15.04%	+10.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.17%	4.23%	-0.06%

Volatility

BGIN.NEO vs. CHPS-U.TO - Volatility Comparison

The current volatility for BMO Global Innovators Fund Active ETF Series (BGIN.NEO) is 9.75%, while Global X Artificial Intelligence Semiconductor Index ETF (CHPS-U.TO) has a volatility of 11.24%. This indicates that BGIN.NEO experiences smaller price fluctuations and is considered to be less risky than CHPS-U.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BGIN.NEO	CHPS-U.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.75%	11.24%	-1.49%
Volatility (6M) Calculated over the trailing 6-month period	21.54%	27.28%	-5.74%
Volatility (1Y) Calculated over the trailing 1-year period	26.04%	34.91%	-8.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.12%	38.66%	-12.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.12%	38.66%	-12.54%

BGIN.NEO vs. CHPS-U.TO - Expense Ratio Comparison

BGIN.NEO has a 1.07% expense ratio, which is higher than CHPS-U.TO's 0.63% expense ratio.

Dividends

BGIN.NEO vs. CHPS-U.TO - Dividend Comparison

BGIN.NEO's dividend yield for the trailing twelve months is around 0.20%, while CHPS-U.TO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
BGIN.NEO BMO Global Innovators Fund Active ETF Series	0.20%	0.30%	0.36%	0.12%	0.00%	0.00%
CHPS-U.TO Global X Artificial Intelligence Semiconductor Index ETF	0.00%	0.01%	0.14%	0.40%	0.72%	0.01%

Frequently Asked Questions

Can I hold both BGIN.NEO and CHPS-U.TO in my portfolio?

BGIN.NEO and CHPS-U.TO have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BGIN.NEO or CHPS-U.TO?

On fees, CHPS-U.TO is cheaper at 0.63% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BGIN.NEO or CHPS-U.TO?

CHPS-U.TO is cheaper with a 0.63% expense ratio, compared with 1.07% for BGIN.NEO.

What is the main difference between BGIN.NEO and CHPS-U.TO?

BGIN.NEO is categorized as Technology Equities, while CHPS-U.TO is Semiconductors. They also come from different issuers: BMO and Global X. Their fees differ too: 1.07% for BGIN.NEO and 0.63% for CHPS-U.TO.