CHPX vs. IGPT

Last updated Jun 4, 2026

CHPX (Global X AI Semiconductor & Quantum ETF) and IGPT (Invesco AI and Next Gen Software ETF) are both exchange-traded funds - CHPX is a Semiconductors fund tracking the Global X AI Semiconductor & Quantum Index, while IGPT is a Technology Equities fund tracking the STOXX World AC NexGen Software Development Index. Both are passively managed. Their correlation of 0.91 suggests significant overlap in exposure. CHPX charges 0.50%/yr vs 0.60%/yr for IGPT.

Performance

CHPX vs. IGPT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X AI Semiconductor & Quantum ETF (CHPX) and Invesco AI and Next Gen Software ETF (IGPT). 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 IGPT's 72.49% return.

CHPX

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

IGPT

• 1D: 0.39%
• 1M: 28.39%
• YTD: 72.49%
• 6M: 75.56%
• 1Y: 123.95%
• 3Y*: 43.05%
• 5Y*: 15.89%
• 10Y*: 22.30%

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

CHPX vs. IGPT - Yearly Performance Comparison

	2026 (YTD)	2025
CHPX Global X AI Semiconductor & Quantum ETF	99.68%	5.55%
IGPT Invesco AI and Next Gen Software ETF	72.49%	8.64%

Correlation

The correlation between CHPX and IGPT is 0.91, 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	0.91

Return for Risk

CHPX vs. IGPT — Risk / Return Rank

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

IGPT

IGPT Risk / Return Rank: 94
IGPT Sharpe Ratio Rank: 96
IGPT Sortino Ratio Rank: 94
IGPT Omega Ratio Rank: 93
IGPT Calmar Ratio Rank: 94
IGPT Martin Ratio Rank: 95

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. IGPT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X AI Semiconductor & Quantum ETF (CHPX) and Invesco AI and Next Gen Software ETF (IGPT). 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	IGPT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	4.39	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.58	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.85	—
Sharpe Ratio (All Time) Calculated using the full available price history	5.40	0.63	+4.76

Drawdowns

CHPX vs. IGPT - Drawdown Comparison

The maximum CHPX drawdown since its inception was -15.15%, smaller than the maximum IGPT drawdown of -50.14%. Use the drawdown chart below to compare losses from any high point for CHPX and IGPT.

Drawdown Indicators

	CHPX	IGPT	Difference
Max Drawdown Largest peak-to-trough decline	-15.15%	-50.14%	+34.99%
Max Drawdown (1Y) Largest decline over 1 year	—	-16.68%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-29.30%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-44.87%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-50.14%	—
Current Drawdown Current decline from peak	-0.03%	0.00%	-0.03%
Average Drawdown Average peak-to-trough decline	-3.78%	-11.96%	+8.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.27%	—

Volatility

Volatility by Period

	CHPX	IGPT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.51%	—
Volatility (6M) Calculated over the trailing 6-month period	—	23.50%	—
Volatility (1Y) Calculated over the trailing 1-year period	38.29%	28.42%	+9.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.29%	27.66%	+10.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.29%	26.33%	+11.96%

CHPX vs. IGPT - Expense Ratio Comparison

CHPX has a 0.50% expense ratio, which is lower than IGPT's 0.60% expense ratio.

Dividends

CHPX vs. IGPT - Dividend Comparison

CHPX's dividend yield for the trailing twelve months is around 0.03%, which matches IGPT's 0.03% 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%
IGPT Invesco AI and Next Gen Software ETF	0.03%	0.04%	0.00%	0.00%	1.41%	6.21%	0.04%	0.05%	0.00%	0.00%	0.03%	0.15%

Frequently Asked Questions

Can I hold both CHPX and IGPT in my portfolio?

With a correlation of 0.91, CHPX and IGPT 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 IGPT?

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 IGPT?

CHPX is cheaper with a 0.50% expense ratio, compared with 0.60% for IGPT.

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

CHPX and IGPT have nearly identical dividend yields, around 0.03%.

What is the main difference between CHPX and IGPT?

CHPX is categorized as Semiconductors, while IGPT is Technology Equities. CHPX tracks Global X AI Semiconductor & Quantum Index, while IGPT tracks STOXX World AC NexGen Software Development Index. They also come from different issuers: Global X and Invesco. Their fees differ too: 0.50% for CHPX and 0.60% for IGPT.