CHPY vs. SOXQ
CHPY (YieldMax Semiconductor Portfolio Option Income ETF) and SOXQ (Invesco PHLX Semiconductor ETF) are both exchange-traded funds - CHPY is a Derivative Income fund actively managed by YieldMax, while SOXQ is a Semiconductors fund tracking the PHLX Semiconductor Sector Index. CHPY is actively managed, while SOXQ is passively managed. Over the past year, CHPY returned 95.00% vs 107.64% for SOXQ. Their 0.97 correlation means they have historically moved very closely together. CHPY charges 0.99%/yr vs 0.19%/yr for SOXQ.
Performance
CHPY vs. SOXQ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CHPY achieves a 56.70% return, which is significantly lower than SOXQ's 61.64% return.
CHPY
- 1D
- 0.77%
- 1M
- -10.41%
- 6M
- 38.53%
- YTD
- 56.70%
- 1Y
- 95.00%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 96.22%
SOXQ
- 1D
- 1.04%
- 1M
- -9.38%
- 6M
- 40.74%
- YTD
- 61.64%
- 1Y
- 107.64%
- 3Y*
- 46.52%
- 5Y*
- 28.30%
- 10Y*
- —
- ALL TIME*
- 29.21%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $51.63M | $53.85M | $60.48M | |
| $211.18M | $220.46M | $283.01M |
CHPY vs. SOXQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CHPY YieldMax Semiconductor Portfolio Option Income ETF | 56.70% | 56.76% |
SOXQ Invesco PHLX Semiconductor ETF | 61.64% | 64.76% |
Correlation
The correlation between CHPY and SOXQ is 0.98 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.98 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2025 | 0.97 |
The correlation between CHPY and SOXQ has been stable across timeframes, ranging from 0.97 to 0.98 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CHPY vs. SOXQ — Risk / Return Rank
CHPY
SOXQ
CHPY vs. SOXQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax Semiconductor Portfolio Option Income ETF (CHPY) and Invesco PHLX Semiconductor ETF (SOXQ). 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.
| CHPY | SOXQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.38 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.46 | 3.79 | -0.33 |
| Martin ratioReturn relative to average drawdown | 15.85 | 15.50 | +0.35 |
Loading charts...
Drawdowns
CHPY vs. SOXQ - Drawdown Comparison
The maximum CHPY drawdown since its inception was -27.64%, smaller than the maximum SOXQ drawdown of -46.01%. Use the drawdown chart below to compare losses from any high point for CHPY and SOXQ.
Loading charts...
Drawdown Indicators
| CHPY | SOXQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.64% | -46.01% | +18.37% |
Max Drawdown (1Y)Largest decline over 1 year | -27.64% | -28.56% | +0.92% |
Max Drawdown (3Y)Largest decline over 3 years | — | -39.36% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -46.01% | — |
Current DrawdownCurrent decline from peak | -20.20% | -21.83% | +1.63% |
Average DrawdownAverage peak-to-trough decline | -3.08% | -12.92% | +9.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.01% | 6.97% | -0.96% |
Volatility
CHPY vs. SOXQ - Volatility Comparison
YieldMax Semiconductor Portfolio Option Income ETF (CHPY) and Invesco PHLX Semiconductor ETF (SOXQ) have volatilities of 17.01% and 16.48%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CHPY | SOXQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.01% | 16.48% | +0.53% |
Volatility (6M)Calculated over the trailing 6-month period | 33.89% | 37.48% | -3.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.24% | 43.45% | -5.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.09% | 38.30% | +0.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.09% | 37.92% | +1.17% |
CHPY vs. SOXQ - Expense Ratio Comparison
CHPY has a 0.99% expense ratio, which is higher than SOXQ's 0.19% expense ratio.
Dividends
CHPY vs. SOXQ - Dividend Comparison
CHPY's dividend yield for the trailing twelve months is around 38.40%, more than SOXQ's 0.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
CHPY YieldMax Semiconductor Portfolio Option Income ETF | 38.40% | 28.19% | 0.00% | 0.00% | 0.00% | 0.00% |
SOXQ Invesco PHLX Semiconductor ETF | 0.32% | 0.50% | 0.68% | 0.87% | 1.36% | 0.72% |
Frequently Asked Questions
With a correlation of 0.98, CHPY and SOXQ 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.
CHPY has higher volatility (17.01%) compared to SOXQ (16.48%). In terms of maximum drawdown, CHPY dropped -27.64% vs SOXQ's -46.01%.
On 1-year performance, SOXQ leads with 107.64% vs 95.00% for CHPY. On fees, SOXQ is cheaper at 0.19% per year. On volatility, SOXQ has been the lower-risk option at 16.48%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, SOXQ has performed better with a 107.64% return vs 95.00%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SOXQ is cheaper with a 0.19% expense ratio, compared with 0.99% for CHPY.
CHPY has the higher dividend yield at 38.40%, compared with 0.32% for SOXQ.
CHPY is categorized as Derivative Income, while SOXQ is Semiconductors. They also come from different issuers: YieldMax and Invesco. Their fees differ too: 0.99% for CHPY and 0.19% for SOXQ.
CHPY currently has the higher Sharpe Ratio (2.50 vs 2.50), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for CHPY and SOXQ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer