CHPX vs. IGPT
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 0.93 suggests significant overlap in exposure. CHPX charges 0.50%/yr vs 0.56%/yr for IGPT.
Performance
CHPX vs. IGPT - Performance Comparison
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Returns By Period
In the year-to-date period, CHPX achieves a 73.85% return, which is significantly higher than IGPT's 58.95% return.
CHPX
- 1D
- -4.77%
- 1M
- -5.97%
- 6M
- 61.64%
- YTD
- 73.85%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IGPT
- 1D
- -4.48%
- 1M
- -2.81%
- 6M
- 50.96%
- YTD
- 58.95%
- 1Y
- 92.09%
- 3Y*
- 36.19%
- 5Y*
- 14.22%
- 10Y*
- 20.78%
CHPX vs. IGPT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CHPX Global X AI Semiconductor & Quantum ETF | 73.85% | 6.91% |
IGPT Invesco AI and Next Gen Software ETF | 58.95% | 10.07% |
Correlation
The correlation between CHPX and IGPT is 0.93, 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 | 0.93 |
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Return for Risk
CHPX vs. IGPT — Risk / Return Rank
CHPX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IGPT
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.
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 | IGPT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.43 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 5.55 | — |
| Martin ratioReturn relative to average drawdown | — | 18.70 | — |
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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.
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Drawdown Indicators
| CHPX | IGPT | Difference | |
|---|---|---|---|
Max DrawdownLargest 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 | — | -42.87% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -50.14% | — |
Current DrawdownCurrent decline from peak | -14.33% | -12.56% | -1.77% |
Average DrawdownAverage peak-to-trough decline | -4.35% | -11.94% | +7.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.94% | — |
Volatility
CHPX vs. IGPT - Volatility Comparison
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Volatility by Period
| CHPX | IGPT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 17.85% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 31.02% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 43.72% | 34.98% | +8.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.72% | 29.13% | +14.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.72% | 27.06% | +16.66% |
CHPX vs. IGPT - Expense Ratio Comparison
CHPX has a 0.50% expense ratio, which is lower than IGPT's 0.56% expense ratio.
Dividends
CHPX vs. IGPT - Dividend Comparison
CHPX's dividend yield for the trailing twelve months is around 0.03%, more than IGPT's 0.01% 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 | 0.01% | 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
With a correlation of 0.93, 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.
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.
CHPX is cheaper with a 0.50% expense ratio, compared with 0.56% for IGPT.
CHPX has the higher dividend yield at 0.03%, compared with 0.01% for 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 0.56% for IGPT.
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