CHPX vs. GDXW

Last updated Jun 4, 2026

CHPX (Global X AI Semiconductor & Quantum ETF) and GDXW (Roundhill Gold Miners Weeklypay ETF) are both exchange-traded funds - CHPX is a Semiconductors fund tracking the Global X AI Semiconductor & Quantum Index, while GDXW is a Gold fund actively managed by Roundhill. CHPX is passively managed, while GDXW is actively managed. At a 0.42 correlation, their price movements are largely independent. CHPX charges 0.50%/yr vs 0.99%/yr for GDXW.

Performance

CHPX vs. GDXW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X AI Semiconductor & Quantum ETF (CHPX) and Roundhill Gold Miners Weeklypay ETF (GDXW). 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 GDXW's -4.89% return.

CHPX

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

GDXW

• 1D: -4.02%
• 1M: -1.27%
• YTD: -4.89%
• 6M: 2.36%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CHPX vs. GDXW - Yearly Performance Comparison

	2026 (YTD)	2025
CHPX Global X AI Semiconductor & Quantum ETF	99.68%	-5.91%
GDXW Roundhill Gold Miners Weeklypay ETF	-4.89%	21.25%

Correlation

The correlation between CHPX and GDXW is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 31, 2025	0.42

Return for Risk

CHPX vs. GDXW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X AI Semiconductor & Quantum ETF (CHPX) and Roundhill Gold Miners Weeklypay ETF (GDXW). 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	GDXW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	5.40	0.45	+4.94

Drawdowns

CHPX vs. GDXW - Drawdown Comparison

The maximum CHPX drawdown since its inception was -15.15%, smaller than the maximum GDXW drawdown of -36.83%. Use the drawdown chart below to compare losses from any high point for CHPX and GDXW.

Drawdown Indicators

	CHPX	GDXW	Difference
Max Drawdown Largest peak-to-trough decline	-15.15%	-36.83%	+21.68%
Current Drawdown Current decline from peak	-0.03%	-32.99%	+32.96%
Average Drawdown Average peak-to-trough decline	-3.78%	-13.45%	+9.67%

Volatility

Volatility by Period

	CHPX	GDXW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	38.29%	61.39%	-23.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.29%	61.39%	-23.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.29%	61.39%	-23.10%

CHPX vs. GDXW - Expense Ratio Comparison

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

Dividends

CHPX vs. GDXW - Dividend Comparison

CHPX's dividend yield for the trailing twelve months is around 0.03%, less than GDXW's 39.39% yield.

Position	TTM	2025
CHPX Global X AI Semiconductor & Quantum ETF	0.03%	0.06%
GDXW Roundhill Gold Miners Weeklypay ETF	39.39%	7.48%

Frequently Asked Questions

Can I hold both CHPX and GDXW in my portfolio?

CHPX and GDXW have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CHPX or GDXW?

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 GDXW?

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

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

GDXW has the higher dividend yield at 39.39%, compared with 0.03% for CHPX.

What is the main difference between CHPX and GDXW?

CHPX is categorized as Semiconductors, while GDXW is Gold. They also come from different issuers: Global X and Roundhill. Their fees differ too: 0.50% for CHPX and 0.99% for GDXW.