CHPX vs. XYLD

Last updated Apr 1, 2026

Compare and contrast key facts about Global X AI Semiconductor & Quantum ETF (CHPX) and Global X S&P 500 Covered Call ETF (XYLD).

CHPX and XYLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CHPX is a passively managed fund by Global X that tracks the performance of the Global X AI Semiconductor & Quantum Index. It was launched on Sep 30, 2025. XYLD is a passively managed fund by Global X that tracks the performance of the Cboe S&P 500 BuyWrite Index. It was launched on Jun 24, 2013. Both CHPX and XYLD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

CHPX vs. XYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X AI Semiconductor & Quantum ETF (CHPX) and Global X S&P 500 Covered Call ETF (XYLD). The values are adjusted to include any dividend payments, if applicable.

CHPX vs. XYLD - Yearly Performance Comparison

	2026 (YTD)	2025
CHPX Global X AI Semiconductor & Quantum ETF	5.14%	5.55%
XYLD Global X S&P 500 Covered Call ETF	-1.04%	6.22%

Returns By Period

In the year-to-date period, CHPX achieves a 5.14% return, which is significantly higher than XYLD's -1.04% return.

CHPX

• 1D: 5.81%
• 1M: -7.36%
• YTD: 5.14%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XYLD

• 1D: 2.01%
• 1M: -2.96%
• YTD: -1.04%
• 6M: 5.33%
• 1Y: 10.53%
• 3Y*: 10.21%
• 5Y*: 6.95%
• 10Y*: 7.87%

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

CHPX vs. XYLD - Expense Ratio Comparison

CHPX has a 0.50% expense ratio, which is lower than XYLD's 0.60% expense ratio.

XYLD

Global X S&P 500 Covered Call ETF

CHPX

Global X AI Semiconductor & Quantum ETF

Return for Risk

CHPX vs. XYLD — Risk / Return Rank

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

XYLD

XYLD Risk / Return Rank: 56
XYLD Sharpe Ratio Rank: 44
XYLD Sortino Ratio Rank: 48
XYLD Omega Ratio Rank: 71
XYLD Calmar Ratio Rank: 47
XYLD Martin Ratio Rank: 69

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. XYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X AI Semiconductor & Quantum ETF (CHPX) and Global X S&P 500 Covered Call ETF (XYLD). 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	XYLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.76	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.62	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.55	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.66	0.57	+0.09

Correlation

The correlation between CHPX and XYLD is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

CHPX vs. XYLD - Dividend Comparison

CHPX's dividend yield for the trailing twelve months is around 0.05%, less than XYLD's 10.98% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CHPX Global X AI Semiconductor & Quantum ETF	0.05%	0.06%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XYLD Global X S&P 500 Covered Call ETF	10.98%	10.51%	11.54%	10.51%	13.43%	9.07%	7.93%	5.76%	7.12%	5.18%	3.23%	4.65%

Drawdowns

CHPX vs. XYLD - Drawdown Comparison

The maximum CHPX drawdown since its inception was -15.15%, smaller than the maximum XYLD drawdown of -33.46%. Use the drawdown chart below to compare losses from any high point for CHPX and XYLD.

Drawdown Indicators

	CHPX	XYLD	Difference
Max Drawdown Largest peak-to-trough decline	-15.15%	-33.46%	+18.31%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.14%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.66%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.46%	—
Current Drawdown Current decline from peak	-10.22%	-3.39%	-6.83%
Average Drawdown Average peak-to-trough decline	-4.58%	-3.76%	-0.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.72%	—

Volatility

Volatility by Period

	CHPX	XYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.01%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.82%	—
Volatility (1Y) Calculated over the trailing 1-year period	35.73%	13.99%	+21.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.73%	11.31%	+24.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.73%	14.23%	+21.50%