CHPX vs. CHAT

Last updated Jun 4, 2026

CHPX (Global X AI Semiconductor & Quantum ETF) and CHAT (Roundhill Generative AI & Technology ETF) are both exchange-traded funds - CHPX is a Semiconductors fund tracking the Global X AI Semiconductor & Quantum Index, while CHAT is a Technology Equities fund actively managed by Roundhill. CHPX is passively managed, while CHAT is actively managed. Their correlation of 0.91 suggests significant overlap in exposure. CHPX charges 0.50%/yr vs 0.75%/yr for CHAT.

Performance

CHPX vs. CHAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X AI Semiconductor & Quantum ETF (CHPX) and Roundhill Generative AI & Technology ETF (CHAT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CHPX achieves a 99.68% return, which is significantly higher than CHAT's 74.30% return.

CHPX

• 1D: -0.03%
• 1M: 34.93%
• YTD: 99.68%
• 6M: 95.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CHAT

• 1D: -0.66%
• 1M: 27.78%
• YTD: 74.30%
• 6M: 73.13%
• 1Y: 144.01%
• 3Y*: 55.51%
• 5Y*: —
• 10Y*: —

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

CHPX vs. CHAT - Yearly Performance Comparison

	2026 (YTD)	2025
CHPX Global X AI Semiconductor & Quantum ETF	99.68%	5.55%
CHAT Roundhill Generative AI & Technology ETF	74.30%	-3.12%

Correlation

The correlation between CHPX and CHAT is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 2, 2025	0.91

Return for Risk

CHPX vs. CHAT — Risk / Return Rank

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

CHAT

CHAT Risk / Return Rank: 94
CHAT Sharpe Ratio Rank: 97
CHAT Sortino Ratio Rank: 94
CHAT Omega Ratio Rank: 93
CHAT Calmar Ratio Rank: 96
CHAT Martin Ratio Rank: 94

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.

CHPX vs. CHAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X AI Semiconductor & Quantum ETF (CHPX) and Roundhill Generative AI & Technology ETF (CHAT). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	CHPX	CHAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	4.72	—
Sharpe Ratio (All Time) Calculated using the full available price history	5.40	1.98	+3.42

Drawdowns

CHPX vs. CHAT - Drawdown Comparison

The maximum CHPX drawdown since its inception was -15.15%, smaller than the maximum CHAT drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for CHPX and CHAT.

Drawdown Indicators

	CHPX	CHAT	Difference
Max Drawdown Largest peak-to-trough decline	-15.15%	-31.34%	+16.19%
Max Drawdown (1Y) Largest decline over 1 year	—	-16.28%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-31.34%	—
Current Drawdown Current decline from peak	-0.03%	-0.66%	+0.63%
Average Drawdown Average peak-to-trough decline	-3.78%	-5.35%	+1.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.51%	—

Volatility

Volatility by Period

	CHPX	CHAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.70%	—
Volatility (6M) Calculated over the trailing 6-month period	—	24.62%	—
Volatility (1Y) Calculated over the trailing 1-year period	38.29%	30.74%	+7.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.29%	29.90%	+8.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.29%	29.90%	+8.39%

CHPX vs. CHAT - Expense Ratio Comparison

CHPX has a 0.50% expense ratio, which is lower than CHAT's 0.75% expense ratio.

Dividends

CHPX vs. CHAT - Dividend Comparison

CHPX's dividend yield for the trailing twelve months is around 0.03%, less than CHAT's 1.64% yield.

Position	TTM	2025
CHAT Roundhill Generative AI & Technology ETF	1.64%	2.85%
CHPX Global X AI Semiconductor & Quantum ETF	0.03%	0.06%

Frequently Asked Questions

Can I hold both CHPX and CHAT in my portfolio?

With a correlation of 0.91, CHPX and CHAT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, CHPX or CHAT?

On fees, CHPX is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CHPX or CHAT?

CHPX is cheaper with a 0.50% expense ratio, compared with 0.75% for CHAT.

Which ETF pays a higher dividend yield, CHPX or CHAT?

CHAT has the higher dividend yield at 1.64%, compared with 0.03% for CHPX.

What is the main difference between CHPX and CHAT?

CHPX is categorized as Semiconductors, while CHAT is Technology Equities. They also come from different issuers: Global X and Roundhill. Their fees differ too: 0.50% for CHPX and 0.75% for CHAT.