CHPX vs. IBIT

Last updated Jun 4, 2026

CHPX (Global X AI Semiconductor & Quantum ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - CHPX is a Semiconductors fund tracking the Global X AI Semiconductor & Quantum Index, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Both are passively managed. At a 0.45 correlation, their price movements are largely independent. CHPX charges 0.50%/yr vs 0.25%/yr for IBIT.

Performance

CHPX vs. IBIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X AI Semiconductor & Quantum ETF (CHPX) and iShares Bitcoin Trust ETF (IBIT). 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 IBIT's -25.48% return.

CHPX

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

IBIT

• 1D: -2.76%
• 1M: -18.50%
• YTD: -25.48%
• 6M: -29.84%
• 1Y: -38.74%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CHPX vs. IBIT - Yearly Performance Comparison

	2026 (YTD)	2025
CHPX Global X AI Semiconductor & Quantum ETF	99.68%	5.55%
IBIT iShares Bitcoin Trust ETF	-25.48%	-25.61%

Correlation

The correlation between CHPX and IBIT is 0.45, 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	0.45

Return for Risk

CHPX vs. IBIT — Risk / Return Rank

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

IBIT

IBIT Risk / Return Rank: 2
IBIT Sharpe Ratio Rank: 2
IBIT Sortino Ratio Rank: 2
IBIT Omega Ratio Rank: 2
IBIT Calmar Ratio Rank: 2
IBIT Martin Ratio Rank: 2

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. IBIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X AI Semiconductor & Quantum ETF (CHPX) and iShares Bitcoin Trust ETF (IBIT). 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	IBIT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.89	—
Sharpe Ratio (All Time) Calculated using the full available price history	5.40	0.30	+5.10

Drawdowns

CHPX vs. IBIT - Drawdown Comparison

The maximum CHPX drawdown since its inception was -15.15%, smaller than the maximum IBIT drawdown of -49.36%. Use the drawdown chart below to compare losses from any high point for CHPX and IBIT.

Drawdown Indicators

	CHPX	IBIT	Difference
Max Drawdown Largest peak-to-trough decline	-15.15%	-49.36%	+34.21%
Max Drawdown (1Y) Largest decline over 1 year	—	-49.36%	—
Current Drawdown Current decline from peak	-0.03%	-48.10%	+48.07%
Average Drawdown Average peak-to-trough decline	-3.78%	-16.02%	+12.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	28.44%	—

Volatility

Volatility by Period

	CHPX	IBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.50%	—
Volatility (6M) Calculated over the trailing 6-month period	—	34.44%	—
Volatility (1Y) Calculated over the trailing 1-year period	38.29%	43.73%	-5.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.29%	50.19%	-11.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.29%	50.19%	-11.90%

CHPX vs. IBIT - Expense Ratio Comparison

CHPX has a 0.50% expense ratio, which is higher than IBIT's 0.25% expense ratio.

Dividends

CHPX vs. IBIT - Dividend Comparison

CHPX's dividend yield for the trailing twelve months is around 0.03%, while IBIT has not paid dividends to shareholders.

Position	TTM	2025
CHPX Global X AI Semiconductor & Quantum ETF	0.03%	0.06%
IBIT iShares Bitcoin Trust ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both CHPX and IBIT in my portfolio?

CHPX and IBIT have a correlation of 0.45, 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 IBIT?

On fees, IBIT is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CHPX or IBIT?

IBIT is cheaper with a 0.25% expense ratio, compared with 0.50% for CHPX.

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

CHPX has the higher dividend yield at 0.03%, compared with 0.00% for IBIT.

What is the main difference between CHPX and IBIT?

CHPX is categorized as Semiconductors, while IBIT is Cryptocurrency. CHPX tracks Global X AI Semiconductor & Quantum Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. They also come from different issuers: Global X and iShares. Their fees differ too: 0.50% for CHPX and 0.25% for IBIT.