CHPS vs. QQQ

Last updated Jul 12, 2026

CHPS (Xtrackers Semiconductor Select Equity ETF) and QQQ (Invesco QQQ ETF) are both exchange-traded funds - CHPS is a Semiconductors fund tracking the Solactive Semiconductor ESG Screened Index, while QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past year, CHPS returned 161.82% vs 31.54% for QQQ. Their correlation of 0.82 suggests significant overlap in exposure. CHPS charges 0.15%/yr vs 0.18%/yr for QQQ.

Performance

CHPS vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers Semiconductor Select Equity ETF (CHPS) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CHPS achieves a 97.54% return, which is significantly higher than QQQ's 18.38% return.

CHPS

• 1D: -0.75%
• 1M: -3.32%
• 6M: 77.90%
• YTD: 97.54%
• 1Y: 161.82%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQQ

• 1D: 0.31%
• 1M: 0.69%
• 6M: 16.05%
• YTD: 18.38%
• 1Y: 31.54%
• 3Y*: 26.10%
• 5Y*: 15.67%
• 10Y*: 21.45%

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

CHPS vs. QQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CHPS Xtrackers Semiconductor Select Equity ETF	97.54%	58.47%	7.75%	10.88%
QQQ Invesco QQQ ETF	18.38%	20.77%	25.58%	10.28%

Correlation

The correlation between CHPS and QQQ is 0.83, 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	0.83
Correlation (All Time) Calculated using the full available price history since Jul 13, 2023	0.82

The correlation between CHPS and QQQ has been stable across timeframes, ranging from 0.82 to 0.83 - a consistent structural relationship.

CHPS vs. QQQ - Sectors Allocation Comparison

Sectors	CHPS	QQQ
Technology	99.6%	58.7%
Energy	0.6%	0.5%
Industrials	0.4%	2.6%
Financial Services	0.2%	0.2%
Communication Services	0.0%	14.3%
Consumer Cyclical	0.0%	11.4%
Consumer Defensive	0.0%	6.4%
Basic Materials	-	1.0%
Healthcare	-	3.7%
Real Estate	-	0.1%
Utilities	-	1.2%

Return for Risk

CHPS vs. QQQ — Risk / Return Rank

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

CHPS

CHPS Risk / Return Rank: 95
CHPS Sharpe Ratio Rank: 97
CHPS Sortino Ratio Rank: 93
CHPS Omega Ratio Rank: 93
CHPS Calmar Ratio Rank: 97
CHPS Martin Ratio Rank: 97

QQQ

QQQ Risk / Return Rank: 64
QQQ Sharpe Ratio Rank: 65
QQQ Sortino Ratio Rank: 60
QQQ Omega Ratio Rank: 62
QQQ Calmar Ratio Rank: 66
QQQ Martin Ratio Rank: 66

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 vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Semiconductor Select Equity ETF (CHPS) and Invesco QQQ ETF (QQQ). 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	QQQ	Difference
Sharpe ratio: Return per unit of total volatility	3.82	1.70	+2.12
Sortino ratio: Return per unit of downside risk	3.78	2.28	+1.50
Omega ratio: Gain probability vs. loss probability	1.52	1.30	+0.22
Calmar ratio: Return relative to maximum drawdown	9.14	2.62	+6.52
Martin ratio: Return relative to average drawdown	30.08	9.43	+20.64

CHPS vs. QQQ - Sharpe Ratio Comparison

The current CHPS Sharpe Ratio is 3.82, which is higher than the QQQ Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of CHPS and QQQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CHPS vs. QQQ - Drawdown Comparison

The maximum CHPS drawdown since its inception was -39.44%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for CHPS and QQQ.

Drawdown Indicators

	CHPS	QQQ	Difference
Max Drawdown Largest peak-to-trough decline	-39.44%	-82.97%	+43.53%
Max Drawdown (1Y) Largest decline over 1 year	-17.70%	-11.96%	-5.74%
Max Drawdown (3Y) Largest decline over 3 years	-39.44%	-22.77%	-16.67%
Max Drawdown (5Y) Largest decline over 5 years	—	-35.12%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.12%	—
Current Drawdown Current decline from peak	-13.24%	-2.66%	-10.58%
Average Drawdown Average peak-to-trough decline	-9.11%	-32.67%	+23.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.38%	3.32%	+2.06%

Volatility

CHPS vs. QQQ - Volatility Comparison

Xtrackers Semiconductor Select Equity ETF (CHPS) has a higher volatility of 22.94% compared to Invesco QQQ ETF (QQQ) at 8.71%. This indicates that CHPS's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CHPS	QQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.94%	8.71%	+14.23%
Volatility (6M) Calculated over the trailing 6-month period	37.25%	15.28%	+21.97%
Volatility (1Y) Calculated over the trailing 1-year period	42.41%	18.47%	+23.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.33%	22.77%	+13.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.33%	22.43%	+13.90%

CHPS vs. QQQ - Expense Ratio Comparison

CHPS has a 0.15% expense ratio, which is lower than QQQ's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

CHPS vs. QQQ - Dividend Comparison

CHPS's dividend yield for the trailing twelve months is around 0.33%, less than QQQ's 0.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CHPS Xtrackers Semiconductor Select Equity ETF	0.33%	0.68%	1.75%	0.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QQQ Invesco QQQ ETF	0.42%	0.45%	0.56%	0.62%	0.80%	0.43%	0.55%	0.74%	0.91%	0.84%	1.06%	0.99%

Frequently Asked Questions

Can I hold both CHPS and QQQ in my portfolio?

CHPS and QQQ have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CHPS or QQQ?

CHPS has higher volatility (22.94%) compared to QQQ (8.71%). In terms of maximum drawdown, CHPS dropped -39.44% vs QQQ's -82.97%.

Which ETF is better, CHPS or QQQ?

On 1-year performance, CHPS leads with 161.82% vs 31.54% for QQQ. On fees, CHPS is cheaper at 0.15% per year. On volatility, QQQ has been the lower-risk option at 8.71%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CHPS or QQQ?

Over the 1-year period, CHPS has performed better with a 161.82% return vs 31.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CHPS or QQQ?

CHPS is cheaper with a 0.15% expense ratio, compared with 0.18% for QQQ.

Which ETF pays a higher dividend yield, CHPS or QQQ?

QQQ has the higher dividend yield at 0.42%, compared with 0.33% for CHPS.

What is the main difference between CHPS and QQQ?

CHPS is categorized as Semiconductors, while QQQ is Nasdaq-100. CHPS tracks Solactive Semiconductor ESG Screened Index, while QQQ tracks NASDAQ-100 Index. They also come from different issuers: Xtrackers and Invesco. Their fees differ too: 0.15% for CHPS and 0.18% for QQQ.

Which has better risk-adjusted returns?

CHPS currently has the higher Sharpe Ratio (3.82 vs 1.70), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.