CHPX vs. SHOC

Last updated Jun 4, 2026

CHPX (Global X AI Semiconductor & Quantum ETF) and SHOC (Strive U.S. Semiconductor ETF) are both Semiconductors funds - CHPX tracks the Global X AI Semiconductor & Quantum Index while SHOC tracks the Bloomberg US Listed Semiconductors Select Index - Benchmark TR Gross. Both are passively managed. Their correlation of 0.91 suggests significant overlap in exposure. CHPX charges 0.50%/yr vs 0.40%/yr for SHOC.

Performance

CHPX vs. SHOC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X AI Semiconductor & Quantum ETF (CHPX) and Strive U.S. Semiconductor ETF (SHOC). 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 SHOC's 73.38% return.

CHPX

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

SHOC

• 1D: 0.94%
• 1M: 25.12%
• YTD: 73.38%
• 6M: 70.44%
• 1Y: 149.45%
• 3Y*: 53.55%
• 5Y*: —
• 10Y*: —

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

CHPX vs. SHOC - Yearly Performance Comparison

	2026 (YTD)	2025
CHPX Global X AI Semiconductor & Quantum ETF	99.68%	5.55%
SHOC Strive U.S. Semiconductor ETF	73.38%	7.63%

Correlation

The correlation between CHPX and SHOC 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. SHOC — Risk / Return Rank

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

SHOC

SHOC Risk / Return Rank: 95
SHOC Sharpe Ratio Rank: 97
SHOC Sortino Ratio Rank: 94
SHOC Omega Ratio Rank: 93
SHOC Calmar Ratio Rank: 97
SHOC Martin Ratio Rank: 96

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. SHOC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X AI Semiconductor & Quantum ETF (CHPX) and Strive U.S. Semiconductor ETF (SHOC). 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	SHOC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	4.78	—
Sharpe Ratio (All Time) Calculated using the full available price history	5.40	1.55	+3.85

Drawdowns

CHPX vs. SHOC - Drawdown Comparison

The maximum CHPX drawdown since its inception was -15.15%, smaller than the maximum SHOC drawdown of -37.54%. Use the drawdown chart below to compare losses from any high point for CHPX and SHOC.

Drawdown Indicators

	CHPX	SHOC	Difference
Max Drawdown Largest peak-to-trough decline	-15.15%	-37.54%	+22.39%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.59%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-37.54%	—
Current Drawdown Current decline from peak	-0.03%	0.00%	-0.03%
Average Drawdown Average peak-to-trough decline	-3.78%	-7.47%	+3.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.92%	—

Volatility

Volatility by Period

	CHPX	SHOC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.47%	—
Volatility (6M) Calculated over the trailing 6-month period	—	24.61%	—
Volatility (1Y) Calculated over the trailing 1-year period	38.29%	31.53%	+6.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.29%	35.16%	+3.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.29%	35.16%	+3.13%

CHPX vs. SHOC - Expense Ratio Comparison

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

Dividends

CHPX vs. SHOC - Dividend Comparison

CHPX's dividend yield for the trailing twelve months is around 0.03%, less than SHOC's 0.14% yield.

Position	TTM	2025	2024	2023	2022
CHPX Global X AI Semiconductor & Quantum ETF	0.03%	0.06%	0.00%	0.00%	0.00%
SHOC Strive U.S. Semiconductor ETF	0.14%	0.23%	0.35%	0.65%	0.24%

Frequently Asked Questions

Can I hold both CHPX and SHOC in my portfolio?

With a correlation of 0.91, CHPX and SHOC 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 SHOC?

On fees, SHOC 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 SHOC?

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

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

SHOC has the higher dividend yield at 0.14%, compared with 0.03% for CHPX.

What is the main difference between CHPX and SHOC?

CHPX tracks Global X AI Semiconductor & Quantum Index, while SHOC tracks Bloomberg US Listed Semiconductors Select Index - Benchmark TR Gross. They also come from different issuers: Global X and Strive. Their fees differ too: 0.50% for CHPX and 0.40% for SHOC.