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CHPS.TO vs. IEMG
Performance
Return for Risk
Dividends
Drawdowns
Volatility

CHPS.TO vs. IEMG

Last updated Apr 1, 2026

Compare and contrast key facts about Global X Artificial Intelligence Semiconductor Index ETF (CHPS.TO) and iShares Core MSCI Emerging Markets ETF (IEMG).

CHPS.TO and IEMG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CHPS.TO is a passively managed fund by Global X that tracks the performance of the PHLX US AI Semiconductor Index. It was launched on Jun 21, 2021. IEMG is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Investable Market Index. It was launched on Oct 18, 2012. Both CHPS.TO and IEMG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

CHPS.TO vs. IEMG - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Artificial Intelligence Semiconductor Index ETF (CHPS.TO) and iShares Core MSCI Emerging Markets ETF (IEMG). The values are adjusted to include any dividend payments, if applicable.

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CHPS.TO vs. IEMG - Yearly Performance Comparison

2026 (YTD)20252024202320222021
CHPS.TO
Global X Artificial Intelligence Semiconductor Index ETF		6.25%45.93%20.38%68.20%-37.86%22.69%
IEMG
iShares Core MSCI Emerging Markets ETF		5.17%26.48%15.65%9.07%-14.28%-4.61%
Different Trading Currencies

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

Returns By Period

In the year-to-date period, CHPS.TO achieves a 6.25% return, which is significantly higher than IEMG's 5.17% return.

CHPS.TO

1D
5.64%
1M
-2.54%
YTD
6.25%
6M
12.90%
1Y
74.89%
3Y*
34.79%
5Y*
—
10Y*
—

IEMG

1D
3.49%
1M
-7.34%
YTD
5.17%
6M
7.55%
1Y
28.66%
3Y*
17.18%
5Y*
6.54%
10Y*
8.95%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Global X Artificial Intelligence Semiconductor Index ETF

iShares Core MSCI Emerging Markets ETF

Often compared with CHPS.TO:
CHPS.TO vs. SMHCHPS.TO vs. CHPS-U.TOCHPS.TO vs. CHPSCHPS.TO vs. XEQT.TOCHPS.TO vs. CIAI.TOCHPS.TO vs. XQQ.TOCHPS.TO vs. VFV.TO
Often compared with IEMG:
IEMG vs. VWOIEMG vs. EEMIEMG vs. IEFAIEMG vs. EMXCIEMG vs. SCHEIEMG vs. IXUSIEMG vs. SPY

CHPS.TO vs. IEMG - Expense Ratio Comparison

CHPS.TO has a 0.63% expense ratio, which is higher than IEMG's 0.09% expense ratio.

CHPS.TO
Global X Artificial Intelligence Semiconductor Index ETF
IEMG
iShares Core MSCI Emerging Markets ETF

Return for Risk

CHPS.TO vs. IEMG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CHPS.TO
CHPS.TO Risk / Return Rank: 9393
Overall Rank
CHPS.TO Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
CHPS.TO Sortino Ratio Rank: 9191
Sortino Ratio Rank
CHPS.TO Omega Ratio Rank: 9090
Omega Ratio Rank
CHPS.TO Calmar Ratio Rank: 9797
Calmar Ratio Rank
CHPS.TO Martin Ratio Rank: 9595
Martin Ratio Rank
IEMG
IEMG Risk / Return Rank: 8686
Overall Rank
IEMG Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
IEMG Sortino Ratio Rank: 8787
Sortino Ratio Rank
IEMG Omega Ratio Rank: 8686
Omega Ratio Rank
IEMG Calmar Ratio Rank: 8686
Calmar Ratio Rank
IEMG Martin Ratio Rank: 8686
Martin Ratio Rank
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.

CHPS.TO vs. IEMG - 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 iShares Core MSCI Emerging Markets ETF (IEMG). 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.

CHPS.TOIEMGDifference

Sharpe ratio

Return per unit of total volatility

1.98

1.54

+0.45

Sortino ratio

Return per unit of downside risk

2.58

2.08

+0.50

Omega ratio

Gain probability vs. loss probability

1.37

1.31

+0.06

Calmar ratio

Return relative to maximum drawdown

4.78

2.36

+2.41

Martin ratio

Return relative to average drawdown

15.10

8.05

+7.05

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CHPS.TO vs. IEMG - Sharpe Ratio Comparison

The current CHPS.TO Sharpe Ratio is 1.98, which is comparable to the IEMG Sharpe Ratio of 1.54. The chart below compares the historical Sharpe Ratios of CHPS.TO and IEMG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

CHPS.TOIEMGDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.98

1.54

+0.45

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.43

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.52

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.60

0.48

+0.12

Correlation

The correlation between CHPS.TO and IEMG is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

CHPS.TO vs. IEMG - Dividend Comparison

CHPS.TO's dividend yield for the trailing twelve months is around 0.01%, less than IEMG's 2.65% yield.

TTM20252024202320222021202020192018201720162015
CHPS.TO
Global X Artificial Intelligence Semiconductor Index ETF		0.01%0.01%0.20%0.53%0.97%0.01%0.00%0.00%0.00%0.00%0.00%0.00%
IEMG
iShares Core MSCI Emerging Markets ETF		2.65%2.75%3.20%2.89%2.71%3.06%1.87%3.15%2.76%2.35%2.28%2.53%

Drawdowns

CHPS.TO vs. IEMG - Drawdown Comparison

The maximum CHPS.TO drawdown since its inception was -48.16%, which is greater than IEMG's maximum drawdown of -32.16%. Use the drawdown chart below to compare losses from any high point for CHPS.TO and IEMG.

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Drawdown Indicators

CHPS.TOIEMGDifference

Max Drawdown

Largest peak-to-trough decline

-48.16%

-38.71%

-9.45%

Max Drawdown (1Y)

Largest decline over 1 year

-15.68%

-13.21%

-2.47%

Max Drawdown (5Y)

Largest decline over 5 years

—

-35.93%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-38.71%

—

Current Drawdown

Current decline from peak

-7.93%

-10.08%

+2.15%

Average Drawdown

Average peak-to-trough decline

-14.36%

-13.11%

-1.25%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.96%

3.41%

+1.55%

Volatility

CHPS.TO vs. IEMG - Volatility Comparison

Global X Artificial Intelligence Semiconductor Index ETF (CHPS.TO) has a higher volatility of 12.07% compared to iShares Core MSCI Emerging Markets ETF (IEMG) at 10.26%. This indicates that CHPS.TO's price experiences larger fluctuations and is considered to be riskier than IEMG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

CHPS.TOIEMGDifference

Volatility (1M)

Calculated over the trailing 1-month period

12.07%

10.26%

+1.81%

Volatility (6M)

Calculated over the trailing 6-month period

24.85%

14.23%

+10.62%

Volatility (1Y)

Calculated over the trailing 1-year period

37.95%

18.75%

+19.20%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

33.66%

15.44%

+18.22%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

33.66%

17.24%

+16.42%