CHPX vs. MUYY

Last updated Jun 24, 2026

CHPX (Global X AI Semiconductor & Quantum ETF) and MUYY (GraniteShares YieldBOOST MU ETF) are both exchange-traded funds - CHPX is a Semiconductors fund tracking the Global X AI Semiconductor & Quantum Index, while MUYY is a Derivative Income fund actively managed by GraniteShares. CHPX is passively managed, while MUYY is actively managed. A 0.67 correlation means they provide meaningful diversification when combined. CHPX charges 0.50%/yr vs 1.07%/yr for MUYY.

Performance

CHPX vs. MUYY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X AI Semiconductor & Quantum ETF (CHPX) and GraniteShares YieldBOOST MU ETF (MUYY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CHPX

• 1D: -7.33%
• 1M: 8.43%
• YTD: 88.06%
• 6M: 88.12%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MUYY

• 1D: -1.54%
• 1M: 3.62%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CHPX vs. MUYY - Yearly Performance Comparison

	2026 (YTD)
CHPX Global X AI Semiconductor & Quantum ETF	52.23%
MUYY GraniteShares YieldBOOST MU ETF	15.40%

Correlation

The correlation between CHPX and MUYY is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 14, 2026	0.67

Return for Risk

CHPX vs. MUYY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X AI Semiconductor & Quantum ETF (CHPX) and GraniteShares YieldBOOST MU ETF (MUYY). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

CHPX vs. MUYY - Drawdown Comparison

The maximum CHPX drawdown since its inception was -15.15%, which is greater than MUYY's maximum drawdown of -4.87%. Use the drawdown chart below to compare losses from any high point for CHPX and MUYY.

Drawdown Indicators

	CHPX	MUYY	Difference
Max Drawdown Largest peak-to-trough decline	-15.15%	-4.87%	-10.28%
Current Drawdown Current decline from peak	-7.33%	-1.54%	-5.79%
Average Drawdown Average peak-to-trough decline	-3.96%	-1.03%	-2.93%

Volatility

Volatility by Period

	CHPX	MUYY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	42.69%	17.98%	+24.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.69%	17.98%	+24.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.69%	17.98%	+24.71%

CHPX vs. MUYY - Expense Ratio Comparison

CHPX has a 0.50% expense ratio, which is lower than MUYY's 1.07% expense ratio.

Dividends

CHPX vs. MUYY - Dividend Comparison

CHPX's dividend yield for the trailing twelve months is around 0.03%, less than MUYY's 20.04% yield.

Position	TTM	2025
CHPX Global X AI Semiconductor & Quantum ETF	0.03%	0.06%
MUYY GraniteShares YieldBOOST MU ETF	20.04%	0.00%

Frequently Asked Questions

Can I hold both CHPX and MUYY in my portfolio?

CHPX and MUYY have a correlation of 0.67, 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 MUYY?

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 MUYY?

CHPX is cheaper with a 0.50% expense ratio, compared with 1.07% for MUYY.

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

MUYY has the higher dividend yield at 20.04%, compared with 0.03% for CHPX.

What is the main difference between CHPX and MUYY?

CHPX is categorized as Semiconductors, while MUYY is Derivative Income. They also come from different issuers: Global X and GraniteShares. Their fees differ too: 0.50% for CHPX and 1.07% for MUYY.