CHPS.TO vs. BITI.TO
CHPS.TO (Global X Artificial Intelligence Semiconductor Index ETF) and BITI.TO (BetaPro Inverse Bitcoin ETF) are both exchange-traded funds - CHPS.TO is a Semiconductors fund tracking the PHLX US AI Semiconductor Index, while BITI.TO is a Leveraged Cryptocurrency fund actively managed by Global X. CHPS.TO is passively managed, while BITI.TO is actively managed. Over the past 5 years, CHPS.TO returned 27.75%/yr vs 1.92%/yr for BITI.TO. At a correlation of -0.38, they often move in opposite directions.
Performance
CHPS.TO vs. BITI.TO - Performance Comparison
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Returns By Period
In the year-to-date period, CHPS.TO achieves a 56.31% return, which is significantly higher than BITI.TO's 29.95% return.
CHPS.TO
- 1D
- -4.09%
- 1M
- -2.72%
- 6M
- 44.12%
- YTD
- 56.31%
- 1Y
- 94.18%
- 3Y*
- 45.21%
- 5Y*
- 27.75%
- 10Y*
- —
BITI.TO
- 1D
- 2.59%
- 1M
- 2.36%
- 6M
- 35.19%
- YTD
- 29.95%
- 1Y
- 68.75%
- 3Y*
- 32.22%
- 5Y*
- 1.92%
- 10Y*
- —
CHPS.TO vs. BITI.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CHPS.TO Global X Artificial Intelligence Semiconductor Index ETF | 56.31% | 45.93% | 20.38% | 68.20% | -37.86% | 23.13% |
BITI.TO BetaPro Inverse Bitcoin ETF | 29.95% | -8.52% | 178.75% | -67.62% | 80.23% | -44.25% |
Correlation
The correlation between CHPS.TO and BITI.TO is -0.36, 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 (1Y) Calculated over the trailing 1-year period | -0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.38 |
Correlation (All Time) Calculated using the full available price history since Jun 22, 2021 | -0.38 |
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Return for Risk
CHPS.TO vs. BITI.TO — Risk / Return Rank
CHPS.TO
BITI.TO
CHPS.TO vs. BITI.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Artificial Intelligence Semiconductor Index ETF (CHPS.TO) and BetaPro Inverse Bitcoin ETF (BITI.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.
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.
| CHPS.TO | BITI.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.00 | ||
| Sortino ratioReturn per unit of downside risk | +0.76 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.25 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 7.17 | 2.66 | +4.52 |
| Martin ratioReturn relative to average drawdown | 19.49 | 6.50 | +12.99 |
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Drawdowns
CHPS.TO vs. BITI.TO - Drawdown Comparison
The maximum CHPS.TO drawdown since its inception was -48.16%, smaller than the maximum BITI.TO drawdown of -84.75%. Use the drawdown chart below to compare losses from any high point for CHPS.TO and BITI.TO.
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Drawdown Indicators
| CHPS.TO | BITI.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.16% | -84.75% | +36.59% |
Max Drawdown (1Y)Largest decline over 1 year | -13.35% | -26.02% | +12.67% |
Max Drawdown (3Y)Largest decline over 3 years | -37.49% | -69.26% | +31.77% |
Max Drawdown (5Y)Largest decline over 5 years | -48.16% | -84.75% | +36.59% |
Current DrawdownCurrent decline from peak | -10.17% | -15.57% | +5.40% |
Average DrawdownAverage peak-to-trough decline | -13.74% | -43.64% | +29.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.88% | 10.61% | -5.73% |
Volatility
CHPS.TO vs. BITI.TO - Volatility Comparison
Global X Artificial Intelligence Semiconductor Index ETF (CHPS.TO) has a higher volatility of 18.13% compared to BetaPro Inverse Bitcoin ETF (BITI.TO) at 11.51%. This indicates that CHPS.TO's price experiences larger fluctuations and is considered to be riskier than BITI.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CHPS.TO | BITI.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.13% | 11.51% | +6.62% |
Volatility (6M)Calculated over the trailing 6-month period | 31.65% | 35.08% | -3.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.94% | 45.38% | -7.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.23% | 262.40% | -227.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.10% | 256.76% | -221.66% |
Dividends
CHPS.TO vs. BITI.TO - Dividend Comparison
CHPS.TO's dividend yield for the trailing twelve months is around 0.01%, while BITI.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
BITI.TO BetaPro Inverse Bitcoin ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CHPS.TO Global X Artificial Intelligence Semiconductor Index ETF | 0.01% | 0.01% | 0.20% | 0.53% | 0.97% | 0.01% |
Frequently Asked Questions
CHPS.TO and BITI.TO have a correlation of -0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CHPS.TO is categorized as Semiconductors, while BITI.TO is Leveraged Cryptocurrency.
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