CHPX vs. QTUM

Last updated Jul 14, 2026

CHPX (Global X AI Semiconductor & Quantum ETF) and QTUM (Defiance Quantum ETF) are both exchange-traded funds - CHPX is a Semiconductors fund tracking the Global X AI Semiconductor & Quantum Index, while QTUM is a Technology Equities fund tracking the BlueStar Machine Learning and Quantum Computing Index. Both are passively managed. Their correlation of 0.90 suggests significant overlap in exposure. CHPX charges 0.50%/yr vs 0.40%/yr for QTUM.

Performance

CHPX vs. QTUM - Performance Comparison

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

Returns By Period

In the year-to-date period, CHPX achieves a 73.85% return, which is significantly higher than QTUM's 36.39% return.

CHPX

• 1D: -4.77%
• 1M: -5.97%
• 6M: 61.64%
• YTD: 73.85%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QTUM

• 1D: -3.52%
• 1M: -7.46%
• 6M: 27.00%
• YTD: 36.39%
• 1Y: 63.33%
• 3Y*: 43.63%
• 5Y*: 26.18%
• 10Y*: —

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

CHPX vs. QTUM - Yearly Performance Comparison

	2026 (YTD)	2025
CHPX Global X AI Semiconductor & Quantum ETF	73.85%	6.91%
QTUM Defiance Quantum ETF	36.39%	4.95%

Correlation

The correlation between CHPX and QTUM is 0.90, 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	0.90

Return for Risk

CHPX vs. QTUM — Risk / Return Rank

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

CHPX

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

QTUM

QTUM Risk / Return Rank: 81
QTUM Sharpe Ratio Rank: 83
QTUM Sortino Ratio Rank: 73
QTUM Omega Ratio Rank: 73
QTUM Calmar Ratio Rank: 89
QTUM Martin Ratio Rank: 86

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. QTUM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X AI Semiconductor & Quantum ETF (CHPX) and Defiance Quantum ETF (QTUM). 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	QTUM	Difference
Sharpe ratio: Return per unit of total volatility	—	2.10	—
Sortino ratio: Return per unit of downside risk	—	2.62	—
Omega ratio: Gain probability vs. loss probability	—	1.34	—
Calmar ratio: Return relative to maximum drawdown	—	4.17	—
Martin ratio: Return relative to average drawdown	—	13.97	—

Drawdowns

CHPX vs. QTUM - Drawdown Comparison

The maximum CHPX drawdown since its inception was -15.15%, smaller than the maximum QTUM drawdown of -38.45%. Use the drawdown chart below to compare losses from any high point for CHPX and QTUM.

Drawdown Indicators

	CHPX	QTUM	Difference
Max Drawdown Largest peak-to-trough decline	-15.15%	-38.45%	+23.30%
Max Drawdown (1Y) Largest decline over 1 year	—	-15.26%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-25.39%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-38.45%	—
Current Drawdown Current decline from peak	-14.33%	-11.55%	-2.78%
Average Drawdown Average peak-to-trough decline	-4.35%	-8.22%	+3.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.55%	—

Volatility

Volatility by Period

	CHPX	QTUM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.06%	—
Volatility (6M) Calculated over the trailing 6-month period	—	25.05%	—
Volatility (1Y) Calculated over the trailing 1-year period	43.72%	30.38%	+13.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.72%	27.44%	+16.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.72%	27.58%	+16.14%

CHPX vs. QTUM - Expense Ratio Comparison

CHPX has a 0.50% expense ratio, which is higher than QTUM's 0.40% expense ratio.

Dividends

CHPX vs. QTUM - Dividend Comparison

CHPX's dividend yield for the trailing twelve months is around 0.03%, less than QTUM's 0.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
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%
QTUM Defiance Quantum ETF	0.79%	1.01%	0.61%	0.81%	1.46%	0.48%	0.42%	0.61%	0.21%

Frequently Asked Questions

Can I hold both CHPX and QTUM in my portfolio?

CHPX and QTUM have a correlation of 0.90, 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 QTUM?

On fees, QTUM is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CHPX or QTUM?

QTUM is cheaper with a 0.40% expense ratio, compared with 0.50% for CHPX.

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

QTUM has the higher dividend yield at 0.79%, compared with 0.03% for CHPX.

What is the main difference between CHPX and QTUM?

CHPX is categorized as Semiconductors, while QTUM is Technology Equities. CHPX tracks Global X AI Semiconductor & Quantum Index, while QTUM tracks BlueStar Machine Learning and Quantum Computing Index. They also come from different issuers: Global X and Defiance. Their fees differ too: 0.50% for CHPX and 0.40% for QTUM.