CHPX vs. GOOW

Last updated Jun 4, 2026

CHPX (Global X AI Semiconductor & Quantum ETF) and GOOW (Roundhill GOOGL WeeklyPay™ ETF) are both exchange-traded funds - CHPX is a Semiconductors fund tracking the Global X AI Semiconductor & Quantum Index, while GOOW is a Derivative Income fund actively managed by Roundhill. CHPX is passively managed, while GOOW is actively managed. At a 0.43 correlation, their price movements are largely independent. CHPX charges 0.50%/yr vs 0.99%/yr for GOOW.

Performance

CHPX vs. GOOW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X AI Semiconductor & Quantum ETF (CHPX) and Roundhill GOOGL WeeklyPay™ ETF (GOOW). 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 GOOW's 15.42% return.

CHPX

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

GOOW

• 1D: -0.89%
• 1M: -7.95%
• YTD: 15.42%
• 6M: 11.81%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CHPX vs. GOOW - Yearly Performance Comparison

	2026 (YTD)	2025
CHPX Global X AI Semiconductor & Quantum ETF	99.68%	5.55%
GOOW Roundhill GOOGL WeeklyPay™ ETF	15.42%	32.20%

Correlation

The correlation between CHPX and GOOW is 0.43, 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 2, 2025	0.43

Return for Risk

CHPX vs. GOOW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X AI Semiconductor & Quantum ETF (CHPX) and Roundhill GOOGL WeeklyPay™ ETF (GOOW). 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	GOOW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	5.40	3.43	+1.97

Drawdowns

CHPX vs. GOOW - Drawdown Comparison

The maximum CHPX drawdown since its inception was -15.15%, smaller than the maximum GOOW drawdown of -24.88%. Use the drawdown chart below to compare losses from any high point for CHPX and GOOW.

Drawdown Indicators

	CHPX	GOOW	Difference
Max Drawdown Largest peak-to-trough decline	-15.15%	-24.88%	+9.73%
Current Drawdown Current decline from peak	-0.03%	-13.20%	+13.17%
Average Drawdown Average peak-to-trough decline	-3.78%	-4.80%	+1.02%

Volatility

Volatility by Period

	CHPX	GOOW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	38.29%	37.38%	+0.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.29%	37.38%	+0.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.29%	37.38%	+0.91%

CHPX vs. GOOW - Expense Ratio Comparison

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

Dividends

CHPX vs. GOOW - Dividend Comparison

CHPX's dividend yield for the trailing twelve months is around 0.03%, less than GOOW's 35.21% yield.

Position	TTM	2025
CHPX Global X AI Semiconductor & Quantum ETF	0.03%	0.06%
GOOW Roundhill GOOGL WeeklyPay™ ETF	35.21%	19.77%

Frequently Asked Questions

Can I hold both CHPX and GOOW in my portfolio?

CHPX and GOOW have a correlation of 0.43, 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 GOOW?

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 GOOW?

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

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

GOOW has the higher dividend yield at 35.21%, compared with 0.03% for CHPX.

What is the main difference between CHPX and GOOW?

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