CHPX vs. IGPT
CHPX (Global X AI Semiconductor & Quantum ETF) and IGPT (Invesco AI and Next Gen Software ETF) are both Artificial Intelligence funds - CHPX tracks the Global X AI Semiconductor & Quantum Index while IGPT tracks the STOXX World AC NexGen Software Development Index. Both are passively managed. Their correlation of 0.93 means they have usually moved in the same direction. 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 60.49% return, which is significantly higher than IGPT's 45.80% return.
CHPX
- 1D
- 0.65%
- 1M
- -8.69%
- 6M
- 45.81%
- YTD
- 60.49%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
IGPT
- 1D
- 0.59%
- 1M
- -8.98%
- 6M
- 33.98%
- YTD
- 45.80%
- 1Y
- 74.93%
- 3Y*
- 33.09%
- 5Y*
- 12.06%
- 10Y*
- 19.74%
- ALL TIME*
- 14.87%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $4.80M | $5.31M | $11.57M | |
| $28.12M | $21.89M | $21.69M |
CHPX vs. IGPT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CHPX Global X AI Semiconductor & Quantum ETF | 60.49% | 6.91% |
IGPT Invesco AI and Next Gen Software ETF | 45.80% | 10.07% |
Correlation
The correlation between CHPX and IGPT is 0.93, meaning they have usually moved in the same direction, including during past declines.
| 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 | — | 1.32 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.89 | — |
| Martin ratioReturn relative to average drawdown | — | 11.04 | — |
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Drawdowns
CHPX vs. IGPT - Drawdown Comparison
The maximum CHPX drawdown since its inception was -27.10%, 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 | -27.10% | -50.14% | +23.04% |
Max Drawdown (1Y)Largest decline over 1 year | — | -24.74% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -29.30% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -42.04% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -50.14% | — |
Current DrawdownCurrent decline from peak | -20.92% | -19.79% | -1.13% |
Average DrawdownAverage peak-to-trough decline | -5.30% | -11.95% | +6.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 6.47% | — |
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 | — | 14.66% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 32.84% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 44.96% | 36.85% | +8.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.96% | 29.53% | +15.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.96% | 27.29% | +17.67% |
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 0.04%, 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 | 0.04% | 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 0.04%, compared with 0.01% for IGPT.
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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