CHPS.TO vs. SPTE

Last updated Jun 4, 2026

CHPS.TO (Global X Artificial Intelligence Semiconductor Index ETF) and SPTE (SP Funds S&P Global Technology ETF) are both exchange-traded funds - CHPS.TO is a Semiconductors fund tracking the PHLX US AI Semiconductor Index, while SPTE is a Technology Equities fund tracking the S&P Global 1200 Shariah Information Technology Capped Index - Benchmark TR Gross. Both are passively managed. Over the past year, CHPS.TO returned 134.35% vs 76.66% for SPTE. Their correlation of 0.86 suggests significant overlap in exposure. CHPS.TO charges 0.63%/yr vs 0.55%/yr for SPTE.

Performance

CHPS.TO vs. SPTE - 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 SP Funds S&P Global Technology ETF (SPTE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CHPS.TO is traded in CAD, while SPTE is traded in USD. To make them comparable, the SPTE 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 66.03% return, which is significantly higher than SPTE's 43.60% return.

CHPS.TO

• 1D: 0.93%
• 1M: 28.67%
• YTD: 66.03%
• 6M: 59.28%
• 1Y: 134.35%
• 3Y*: 51.56%
• 5Y*: —
• 10Y*: —

SPTE

• 1D: -0.80%
• 1M: 20.24%
• YTD: 43.60%
• 6M: 40.75%
• 1Y: 76.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CHPS.TO vs. SPTE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CHPS.TO Global X Artificial Intelligence Semiconductor Index ETF	66.03%	45.93%	20.38%	11.04%
SPTE SP Funds S&P Global Technology ETF	43.60%	20.58%	44.73%	3.32%

Correlation

The correlation between CHPS.TO and SPTE is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (All Time) Calculated using the full available price history since Dec 4, 2023	0.86

The correlation between CHPS.TO and SPTE has been stable across timeframes, ranging from 0.84 to 0.86 - a consistent structural relationship.

CHPS.TO vs. SPTE - Sectors Allocation Comparison

Sectors	CHPS.TO	SPTE
Technology	100.0%	98.6%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	0.1%
Financial Services	-	-
Healthcare	-	0.2%
Industrials	-	0.3%
Real Estate	-	-
Utilities	-	-

Return for Risk

CHPS.TO vs. SPTE — 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: 94
CHPS.TO Sharpe Ratio Rank: 96
CHPS.TO Sortino Ratio Rank: 92
CHPS.TO Omega Ratio Rank: 92
CHPS.TO Calmar Ratio Rank: 96
CHPS.TO Martin Ratio Rank: 95

SPTE

SPTE Risk / Return Rank: 89
SPTE Sharpe Ratio Rank: 92
SPTE Sortino Ratio Rank: 89
SPTE Omega Ratio Rank: 85
SPTE Calmar Ratio Rank: 89
SPTE Martin Ratio Rank: 88

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. SPTE - 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 SP Funds S&P Global Technology ETF (SPTE). 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.TO	SPTE	Difference
Sharpe ratio Return per unit of total volatility	4.30	3.56	+0.74
Sortino ratio Return per unit of downside risk	4.53	4.33	+0.20
Omega ratio Gain probability vs. loss probability	1.63	1.58	+0.05
Calmar ratio Return relative to maximum drawdown	10.12	6.30	+3.82
Martin ratio Return relative to average drawdown	30.54	21.29	+9.25
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. SPTE - Sharpe Ratio Comparison

The current CHPS.TO Sharpe Ratio is 4.30, which is comparable to the SPTE Sharpe Ratio of 3.56. The chart below compares the historical Sharpe Ratios of CHPS.TO and SPTE, 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

	CHPS.TO	SPTE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.30	3.56	+0.74
Sharpe Ratio (All Time) Calculated using the full available price history	0.91	1.87	-0.96

Drawdowns

CHPS.TO vs. SPTE - Drawdown Comparison

The maximum CHPS.TO drawdown since its inception was -48.16%, which is greater than SPTE's maximum drawdown of -26.13%. Use the drawdown chart below to compare losses from any high point for CHPS.TO and SPTE.

Drawdown Indicators

	CHPS.TO	SPTE	Difference
Max Drawdown Largest peak-to-trough decline	-48.16%	-26.13%	-22.03%
Max Drawdown (1Y) Largest decline over 1 year	-13.35%	-12.23%	-1.12%
Max Drawdown (3Y) Largest decline over 3 years	-37.49%	—	—
Current Drawdown Current decline from peak	0.00%	-0.80%	+0.80%
Average Drawdown Average peak-to-trough decline	-13.90%	-4.10%	-9.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.42%	3.61%	+0.81%

Volatility

CHPS.TO vs. SPTE - Volatility Comparison

Global X Artificial Intelligence Semiconductor Index ETF (CHPS.TO) has a higher volatility of 11.35% compared to SP Funds S&P Global Technology ETF (SPTE) at 7.57%. This indicates that CHPS.TO's price experiences larger fluctuations and is considered to be riskier than SPTE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CHPS.TO	SPTE	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.35%	7.57%	+3.78%
Volatility (6M) Calculated over the trailing 6-month period	24.81%	17.40%	+7.41%
Volatility (1Y) Calculated over the trailing 1-year period	31.48%	21.64%	+9.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.79%	25.03%	+8.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.79%	25.03%	+8.76%

CHPS.TO vs. SPTE - Expense Ratio Comparison

CHPS.TO has a 0.63% expense ratio, which is higher than SPTE's 0.55% expense ratio.

Dividends

CHPS.TO vs. SPTE - Dividend Comparison

CHPS.TO's dividend yield for the trailing twelve months is around 0.01%, less than SPTE's 0.67% yield.

Position	TTM	2025	2024	2023	2022	2021
CHPS.TO Global X Artificial Intelligence Semiconductor Index ETF	0.01%	0.01%	0.20%	0.53%	0.97%	0.01%
SPTE SP Funds S&P Global Technology ETF	0.67%	0.96%	0.48%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CHPS.TO and SPTE in my portfolio?

CHPS.TO and SPTE have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CHPS.TO or SPTE?

On fees, SPTE is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CHPS.TO or SPTE?

SPTE is cheaper with a 0.55% expense ratio, compared with 0.63% for CHPS.TO.

What is the main difference between CHPS.TO and SPTE?

CHPS.TO is categorized as Semiconductors, while SPTE is Technology Equities. CHPS.TO tracks PHLX US AI Semiconductor Index, while SPTE tracks S&P Global 1200 Shariah Information Technology Capped Index - Benchmark TR Gross. They also come from different issuers: Global X and SP Funds. Their fees differ too: 0.63% for CHPS.TO and 0.55% for SPTE.