BRKW vs. CHPY

Last updated Jun 5, 2026

BRKW (Roundhill BRKB WeeklyPay ETF) and CHPY (YieldMax Semiconductor Portfolio Option Income ETF) are both Derivative Income funds. Both are actively managed. At a correlation of -0.14, they often move in opposite directions. Both charge a 0.99% expense ratio.

Performance

BRKW vs. CHPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill BRKB WeeklyPay ETF (BRKW) 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, BRKW achieves a -6.96% return, which is significantly lower than CHPY's 82.97% return.

BRKW

• 1D: 0.87%
• 1M: 3.11%
• YTD: -6.96%
• 6M: -7.41%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CHPY

• 1D: -1.51%
• 1M: 23.37%
• YTD: 82.97%
• 6M: 82.98%
• 1Y: 143.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BRKW vs. CHPY - Yearly Performance Comparison

	2026 (YTD)	2025
BRKW Roundhill BRKB WeeklyPay ETF	-6.96%	2.09%
CHPY YieldMax Semiconductor Portfolio Option Income ETF	82.97%	28.89%

Correlation

The correlation between BRKW and CHPY is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 20, 2025	-0.14

Return for Risk

BRKW vs. CHPY — Risk / Return Rank

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

CHPY

CHPY Risk / Return Rank: 97
CHPY Sharpe Ratio Rank: 98
CHPY Sortino Ratio Rank: 96
CHPY Omega Ratio Rank: 96
CHPY Calmar Ratio Rank: 97
CHPY Martin Ratio Rank: 97

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.

BRKW vs. CHPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill BRKB WeeklyPay ETF (BRKW) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BRKW	CHPY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	5.23	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.30	4.71	-5.01

Drawdowns

BRKW vs. CHPY - Drawdown Comparison

The maximum BRKW drawdown since its inception was -12.64%, roughly equal to the maximum CHPY drawdown of -12.17%. Use the drawdown chart below to compare losses from any high point for BRKW and CHPY.

Drawdown Indicators

	BRKW	CHPY	Difference
Max Drawdown Largest peak-to-trough decline	-12.64%	-12.17%	-0.47%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.17%	—
Current Drawdown Current decline from peak	-9.92%	-1.51%	-8.41%
Average Drawdown Average peak-to-trough decline	-5.36%	-1.98%	-3.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.18%	—

Volatility

Volatility by Period

	BRKW	CHPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.32%	—
Volatility (6M) Calculated over the trailing 6-month period	—	22.41%	—
Volatility (1Y) Calculated over the trailing 1-year period	17.22%	27.61%	-10.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.22%	33.16%	-15.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.22%	33.16%	-15.94%

BRKW vs. CHPY - Expense Ratio Comparison

Both BRKW and CHPY have an expense ratio of 0.99%.

Dividends

BRKW vs. CHPY - Dividend Comparison

BRKW's dividend yield for the trailing twelve months is around 24.97%, less than CHPY's 28.83% yield.

Position	TTM	2025
BRKW Roundhill BRKB WeeklyPay ETF	24.97%	14.45%
CHPY YieldMax Semiconductor Portfolio Option Income ETF	28.83%	28.19%

Frequently Asked Questions

Can I hold both BRKW and CHPY in my portfolio?

BRKW and CHPY have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BRKW or CHPY?

Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BRKW or CHPY?

BRKW and CHPY have the same expense ratio: 0.99% per year.

Which ETF pays a higher dividend yield, BRKW or CHPY?

CHPY has the higher dividend yield at 28.83%, compared with 24.97% for BRKW.

What is the main difference between BRKW and CHPY?

They also come from different issuers: Roundhill and YieldMax.