CHPX vs. CHPY

Last updated Jun 4, 2026

CHPX (Global X AI Semiconductor & Quantum ETF) and CHPY (YieldMax Semiconductor Portfolio Option Income ETF) are both exchange-traded funds - CHPX is a Semiconductors fund tracking the Global X AI Semiconductor & Quantum Index, while CHPY is a Derivative Income fund actively managed by YieldMax. CHPX is passively managed, while CHPY is actively managed. Their correlation of 0.90 suggests significant overlap in exposure. CHPX charges 0.50%/yr vs 0.99%/yr for CHPY.

Performance

CHPX vs. CHPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X AI Semiconductor & Quantum ETF (CHPX) and YieldMax Semiconductor Portfolio Option Income ETF (CHPY). 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 CHPY's 85.77% return.

CHPX

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

CHPY

• 1D: 1.14%
• 1M: 29.53%
• YTD: 85.77%
• 6M: 85.49%
• 1Y: 149.72%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CHPX vs. CHPY - Yearly Performance Comparison

	2026 (YTD)	2025
CHPX Global X AI Semiconductor & Quantum ETF	99.68%	5.55%
CHPY YieldMax Semiconductor Portfolio Option Income ETF	85.77%	9.14%

Correlation

The correlation between CHPX and CHPY is 0.90, 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	0.90

Return for Risk

CHPX vs. CHPY — Risk / Return Rank

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

CHPY

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

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. CHPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X AI Semiconductor & Quantum ETF (CHPX) and YieldMax Semiconductor Portfolio Option Income ETF (CHPY). 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	CHPY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	5.47	—
Sharpe Ratio (All Time) Calculated using the full available price history	5.40	4.83	+0.56

Drawdowns

CHPX vs. CHPY - Drawdown Comparison

The maximum CHPX drawdown since its inception was -15.15%, which is greater than CHPY's maximum drawdown of -12.17%. Use the drawdown chart below to compare losses from any high point for CHPX and CHPY.

Drawdown Indicators

	CHPX	CHPY	Difference
Max Drawdown Largest peak-to-trough decline	-15.15%	-12.17%	-2.98%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.17%	—
Current Drawdown Current decline from peak	-0.03%	0.00%	-0.03%
Average Drawdown Average peak-to-trough decline	-3.78%	-1.98%	-1.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.18%	—

Volatility

Volatility by Period

	CHPX	CHPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.23%	—
Volatility (6M) Calculated over the trailing 6-month period	—	22.33%	—
Volatility (1Y) Calculated over the trailing 1-year period	38.29%	27.59%	+10.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.29%	33.17%	+5.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.29%	33.17%	+5.12%

CHPX vs. CHPY - Expense Ratio Comparison

CHPX has a 0.50% expense ratio, which is lower than CHPY's 0.99% expense ratio.

Dividends

CHPX vs. CHPY - Dividend Comparison

CHPX's dividend yield for the trailing twelve months is around 0.03%, less than CHPY's 28.40% yield.

Position	TTM	2025
CHPX Global X AI Semiconductor & Quantum ETF	0.03%	0.06%
CHPY YieldMax Semiconductor Portfolio Option Income ETF	28.40%	28.19%

Frequently Asked Questions

Can I hold both CHPX and CHPY in my portfolio?

With a correlation of 0.90, CHPX and CHPY 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 CHPY?

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 CHPY?

CHPX is cheaper with a 0.50% expense ratio, compared with 0.99% for CHPY.

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

CHPY has the higher dividend yield at 28.40%, compared with 0.03% for CHPX.

What is the main difference between CHPX and CHPY?

CHPX is categorized as Semiconductors, while CHPY is Derivative Income. They also come from different issuers: Global X and YieldMax. Their fees differ too: 0.50% for CHPX and 0.99% for CHPY.