CHPX vs. FSELX

Last updated Jun 24, 2026

CHPX (Global X AI Semiconductor & Quantum ETF) and FSELX (Fidelity Select Semiconductors Portfolio) are both Semiconductors funds. Their correlation of 0.92 suggests significant overlap in exposure. CHPX charges 0.50%/yr vs 0.68%/yr for FSELX.

Performance

CHPX vs. FSELX - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with CHPX having a 88.06% return and FSELX slightly higher at 89.12%.

CHPX

• 1D: -7.33%
• 1M: 8.43%
• YTD: 88.06%
• 6M: 88.12%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FSELX

• 1D: 0.90%
• 1M: 13.81%
• YTD: 89.12%
• 6M: 86.03%
• 1Y: 158.55%
• 3Y*: 69.14%
• 5Y*: 46.40%
• 10Y*: 40.05%

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

CHPX vs. FSELX - Yearly Performance Comparison

	2026 (YTD)	2025
CHPX Global X AI Semiconductor & Quantum ETF	88.06%	6.91%
FSELX Fidelity Select Semiconductors Portfolio	89.12%	7.40%

Correlation

The correlation between CHPX and FSELX is 0.92, 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 1, 2025	0.92

Return for Risk

CHPX vs. FSELX — Risk / Return Rank

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

CHPX

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

FSELX

FSELX Risk / Return Rank: 96
FSELX Sharpe Ratio Rank: 99
FSELX Sortino Ratio Rank: 93
FSELX Omega Ratio Rank: 90
FSELX Calmar Ratio Rank: 99
FSELX Martin Ratio Rank: 99

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. FSELX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X AI Semiconductor & Quantum ETF (CHPX) and Fidelity Select Semiconductors Portfolio (FSELX). 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.

	CHPX	FSELX	Difference
Sharpe ratio: Return per unit of total volatility	—	4.48	—
Sortino ratio: Return per unit of downside risk	—	4.42	—
Omega ratio: Gain probability vs. loss probability	—	1.61	—
Calmar ratio: Return relative to maximum drawdown	—	11.17	—
Martin ratio: Return relative to average drawdown	—	40.11	—

Drawdowns

CHPX vs. FSELX - Drawdown Comparison

The maximum CHPX drawdown since its inception was -15.15%, smaller than the maximum FSELX drawdown of -82.54%. Use the drawdown chart below to compare losses from any high point for CHPX and FSELX.

Drawdown Indicators

	CHPX	FSELX	Difference
Max Drawdown Largest peak-to-trough decline	-15.15%	-82.54%	+67.39%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.38%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-36.31%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-46.37%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-46.37%	—
Current Drawdown Current decline from peak	-7.33%	0.00%	-7.33%
Average Drawdown Average peak-to-trough decline	-3.96%	-28.67%	+24.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.00%	—

Volatility

Volatility by Period

	CHPX	FSELX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	17.93%	—
Volatility (6M) Calculated over the trailing 6-month period	—	28.90%	—
Volatility (1Y) Calculated over the trailing 1-year period	42.69%	35.97%	+6.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.69%	39.57%	+3.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.69%	35.41%	+7.28%

CHPX vs. FSELX - Expense Ratio Comparison

CHPX has a 0.50% expense ratio, which is lower than FSELX's 0.68% expense ratio.

Dividends

CHPX vs. FSELX - Dividend Comparison

CHPX's dividend yield for the trailing twelve months is around 0.03%, less than FSELX's 8.66% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CHPX Global X AI Semiconductor & Quantum ETF	0.03%	0.06%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FSELX Fidelity Select Semiconductors Portfolio	8.66%	11.11%	7.97%	7.20%	6.69%	6.99%	8.13%	3.36%	26.80%	14.44%	3.82%	15.22%

Frequently Asked Questions

Can I hold both CHPX and FSELX in my portfolio?

With a correlation of 0.92, CHPX and FSELX 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.