CHPS vs. SWPPX

Last updated Jun 14, 2026

CHPS (Xtrackers Semiconductor Select Equity ETF) and SWPPX (Schwab S&P 500 Index Fund) are both funds - CHPS is a Semiconductors fund tracking the Solactive Semiconductor ESG Screened Index, while SWPPX is a Large Cap Blend Equities fund tracking the S&P 500 Index. Both are passively managed. Over the past year, CHPS returned 202.19% vs 25.15% for SWPPX. A 0.75 correlation means they provide meaningful diversification when combined. CHPS charges 0.15%/yr vs 0.02%/yr for SWPPX.

Performance

CHPS vs. SWPPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers Semiconductor Select Equity ETF (CHPS) and Schwab S&P 500 Index Fund (SWPPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CHPS achieves a 104.33% return, which is significantly higher than SWPPX's 8.55% return.

CHPS

• 1D: 1.77%
• 1M: 18.12%
• YTD: 104.33%
• 6M: 111.24%
• 1Y: 202.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SWPPX

• 1D: 1.76%
• 1M: -0.10%
• YTD: 8.55%
• 6M: 8.92%
• 1Y: 25.15%
• 3Y*: 21.04%
• 5Y*: 13.31%
• 10Y*: 15.41%

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

CHPS vs. SWPPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CHPS Xtrackers Semiconductor Select Equity ETF	104.33%	58.47%	7.75%	10.88%
SWPPX Schwab S&P 500 Index Fund	8.55%	17.87%	24.96%	7.46%

Correlation

The correlation between CHPS and SWPPX is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.73
Correlation (All Time) Calculated using the full available price history since Jul 13, 2023	0.75

The correlation between CHPS and SWPPX has been stable across timeframes, ranging from 0.73 to 0.75 - a consistent structural relationship.

CHPS vs. SWPPX - Sectors Allocation Comparison

Sectors	CHPS	SWPPX
Technology	99.6%	35.6%
Energy	0.6%	3.5%
Industrials	0.4%	8.3%
Financial Services	0.2%	11.8%
Communication Services	0.0%	11.2%
Consumer Cyclical	0.0%	10.1%
Consumer Defensive	0.0%	4.9%
Basic Materials	-	1.8%
Healthcare	-	8.5%
Real Estate	-	1.9%
Utilities	-	2.4%

Return for Risk

CHPS vs. SWPPX — Risk / Return Rank

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

CHPS

CHPS Risk / Return Rank: 97
CHPS Sharpe Ratio Rank: 98
CHPS Sortino Ratio Rank: 96
CHPS Omega Ratio Rank: 95
CHPS Calmar Ratio Rank: 98
CHPS Martin Ratio Rank: 97

SWPPX

SWPPX Risk / Return Rank: 73
SWPPX Sharpe Ratio Rank: 72
SWPPX Sortino Ratio Rank: 67
SWPPX Omega Ratio Rank: 68
SWPPX Calmar Ratio Rank: 73
SWPPX Martin Ratio Rank: 83

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. SWPPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Semiconductor Select Equity ETF (CHPS) and Schwab S&P 500 Index Fund (SWPPX). 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	SWPPX	Difference
Sharpe ratio: Return per unit of total volatility	5.25	1.96	+3.29
Sortino ratio: Return per unit of downside risk	4.99	2.66	+2.34
Omega ratio: Gain probability vs. loss probability	1.69	1.36	+0.33
Calmar ratio: Return relative to maximum drawdown	11.29	2.74	+8.55
Martin ratio: Return relative to average drawdown	42.06	12.42	+29.64

CHPS vs. SWPPX - Sharpe Ratio Comparison

The current CHPS Sharpe Ratio is 5.25, which is higher than the SWPPX Sharpe Ratio of 1.96. The chart below compares the historical Sharpe Ratios of CHPS and SWPPX, 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. SWPPX - Drawdown Comparison

The maximum CHPS drawdown since its inception was -39.44%, smaller than the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for CHPS and SWPPX.

Drawdown Indicators

	CHPS	SWPPX	Difference
Max Drawdown Largest peak-to-trough decline	-39.44%	-55.06%	+15.62%
Max Drawdown (1Y) Largest decline over 1 year	-17.50%	-8.89%	-8.61%
Max Drawdown (3Y) Largest decline over 3 years	—	-18.74%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.51%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.80%	—
Current Drawdown Current decline from peak	-1.75%	-2.81%	+1.06%
Average Drawdown Average peak-to-trough decline	-9.13%	-9.94%	+0.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.69%	1.96%	+2.73%

Volatility

CHPS vs. SWPPX - Volatility Comparison

Xtrackers Semiconductor Select Equity ETF (CHPS) has a higher volatility of 19.27% compared to Schwab S&P 500 Index Fund (SWPPX) at 4.47%. This indicates that CHPS's price experiences larger fluctuations and is considered to be riskier than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CHPS	SWPPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.27%	4.47%	+14.80%
Volatility (6M) Calculated over the trailing 6-month period	32.12%	9.73%	+22.39%
Volatility (1Y) Calculated over the trailing 1-year period	37.63%	12.40%	+25.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.78%	17.01%	+17.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.78%	18.26%	+16.52%

CHPS vs. SWPPX - Expense Ratio Comparison

CHPS has a 0.15% expense ratio, which is higher than SWPPX's 0.02% expense ratio. However, 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. SWPPX - Dividend Comparison

CHPS's dividend yield for the trailing twelve months is around 0.33%, less than SWPPX's 1.02% 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%
SWPPX Schwab S&P 500 Index Fund	1.02%	1.11%	1.23%	1.43%	1.67%	1.27%	1.81%	1.95%	2.67%	1.79%	2.55%	3.17%

Frequently Asked Questions

Can I hold both CHPS and SWPPX in my portfolio?

CHPS and SWPPX have a correlation of 0.73, 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 SWPPX?

CHPS has higher volatility (19.27%) compared to SWPPX (4.47%). In terms of maximum drawdown, CHPS dropped -39.44% vs SWPPX's -55.06%.

Which has better risk-adjusted returns?

CHPS currently has the higher Sharpe Ratio (5.25 vs 1.96), 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.