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CIF.TO vs. CHPS-U.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CIF.TO vs. CHPS-U.TO

Last updated Jun 4, 2026

CIF.TO (iShares Global Infrastructure Index ETF) and CHPS-U.TO (Global X Artificial Intelligence Semiconductor Index ETF) are both exchange-traded funds - CIF.TO is a Energy Equities fund tracking the Manulife Investment Management Global Infrastructure Index, while CHPS-U.TO is a Semiconductors fund tracking the PHLX US AI Semiconductor Index. Both are passively managed. Over the past 3 years, CIF.TO returned 25.10%/yr vs 50.72%/yr for CHPS-U.TO. At a 0.07 correlation, their price movements are largely independent. CIF.TO charges 0.72%/yr vs 0.63%/yr for CHPS-U.TO.

Performance

CIF.TO vs. CHPS-U.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares Global Infrastructure Index ETF (CIF.TO) and Global X Artificial Intelligence Semiconductor Index ETF (CHPS-U.TO). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

CIF.TO is traded in CAD, while CHPS-U.TO is traded in USD. To make them comparable, the CHPS-U.TO values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, CIF.TO achieves a 25.20% return, which is significantly lower than CHPS-U.TO's 62.44% return.

CIF.TO

1D
1.03%
1M
3.28%
YTD
25.20%
6M
16.23%
1Y
35.22%
3Y*
25.10%
5Y*
18.52%
10Y*
12.99%

CHPS-U.TO

1D
0.00%
1M
26.43%
YTD
62.44%
6M
58.58%
1Y
135.37%
3Y*
50.72%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

CIF.TO vs. CHPS-U.TO - Yearly Performance Comparison

2026 (YTD)20252024202320222021
CIF.TO
iShares Global Infrastructure Index ETF		25.20%14.45%25.40%14.65%5.90%6.19%
CHPS-U.TO
Global X Artificial Intelligence Semiconductor Index ETF		64.94%44.87%21.17%71.89%-39.05%-0.40%

Correlation

The correlation between CIF.TO and CHPS-U.TO is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.11

Correlation (3Y)
Calculated over the trailing 3-year period

0.06

Correlation (All Time)
Calculated using the full available price history since Jun 22, 2021

0.07

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Global Infrastructure Index ETF

Global X Artificial Intelligence Semiconductor Index ETF

Often compared with CIF.TO:
CIF.TO vs. VFV.TOCIF.TO vs. MLPP.LCIF.TO vs. ZQQ.TOCIF.TO vs. CWW.TOCIF.TO vs. VGTCIF.TO vs. XDIV.TOCIF.TO vs. ZGI.TO
Often compared with CHPS-U.TO:
CHPS-U.TO vs. CHPS.TOCHPS-U.TO vs. TEC.TOCHPS-U.TO vs. CIAI.TOCHPS-U.TO vs. SMHCHPS-U.TO vs. QQQCHPS-U.TO vs. HBGD.TOCHPS-U.TO vs. MTRX.TO

Return for Risk

CIF.TO vs. CHPS-U.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CIF.TO
CIF.TO Risk / Return Rank: 7070
Overall Rank
CIF.TO Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
CIF.TO Sortino Ratio Rank: 6767
Sortino Ratio Rank
CIF.TO Omega Ratio Rank: 7171
Omega Ratio Rank
CIF.TO Calmar Ratio Rank: 7373
Calmar Ratio Rank
CIF.TO Martin Ratio Rank: 7171
Martin Ratio Rank
CHPS-U.TO
CHPS-U.TO Risk / Return Rank: 9494
Overall Rank
CHPS-U.TO Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
CHPS-U.TO Sortino Ratio Rank: 9191
Sortino Ratio Rank
CHPS-U.TO Omega Ratio Rank: 9191
Omega Ratio Rank
CHPS-U.TO Calmar Ratio Rank: 9797
Calmar Ratio Rank
CHPS-U.TO Martin Ratio Rank: 9595
Martin Ratio Rank
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.

CIF.TO vs. CHPS-U.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Infrastructure Index ETF (CIF.TO) and Global X Artificial Intelligence Semiconductor Index ETF (CHPS-U.TO). 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.

CIF.TOCHPS-U.TODifference
Sharpe ratioReturn per unit of total volatility
2.33
3.91

-1.58

Sortino ratioReturn per unit of downside risk
3.13
4.34

-1.21

Omega ratioGain probability vs. loss probability

1.43

1.60

-0.17

Calmar ratioReturn relative to maximum drawdown

3.72

9.95

-6.23

Martin ratioReturn relative to average drawdown

13.46

32.16

-18.70

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CIF.TO vs. CHPS-U.TO - Sharpe Ratio Comparison

The current CIF.TO Sharpe Ratio is 2.33, which is lower than the CHPS-U.TO Sharpe Ratio of 3.91. The chart below compares the historical Sharpe Ratios of CIF.TO and CHPS-U.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

CIF.TOCHPS-U.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.33

3.91

-1.58

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.28

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.78

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.54

0.64

-0.10

Drawdowns

CIF.TO vs. CHPS-U.TO - Drawdown Comparison

The maximum CIF.TO drawdown since its inception was -42.37%, smaller than the maximum CHPS-U.TO drawdown of -48.89%. Use the drawdown chart below to compare losses from any high point for CIF.TO and CHPS-U.TO.

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Drawdown Indicators

CIF.TOCHPS-U.TODifference

Max Drawdown

Largest peak-to-trough decline

-42.37%

-48.89%

+6.52%

Max Drawdown (1Y)

Largest decline over 1 year

-9.50%

-13.68%

+4.18%

Max Drawdown (3Y)

Largest decline over 3 years

-20.40%

-36.00%

+15.60%

Max Drawdown (5Y)

Largest decline over 5 years

-20.40%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-42.37%

—

—

Current Drawdown

Current decline from peak

-0.76%

0.00%

-0.76%

Average Drawdown

Average peak-to-trough decline

-5.66%

-15.05%

+9.39%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.63%

4.23%

-1.60%

Volatility

CIF.TO vs. CHPS-U.TO - Volatility Comparison

The current volatility for iShares Global Infrastructure Index ETF (CIF.TO) is 5.85%, while Global X Artificial Intelligence Semiconductor Index ETF (CHPS-U.TO) has a volatility of 11.05%. This indicates that CIF.TO experiences smaller price fluctuations and is considered to be less risky than CHPS-U.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

CIF.TOCHPS-U.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

5.85%

11.05%

-5.20%

Volatility (6M)

Calculated over the trailing 6-month period

12.44%

27.21%

-14.77%

Volatility (1Y)

Calculated over the trailing 1-year period

15.23%

34.86%

-19.63%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.56%

38.67%

-24.11%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.69%

38.67%

-21.98%

CIF.TO vs. CHPS-U.TO - Expense Ratio Comparison

CIF.TO has a 0.72% expense ratio, which is higher than CHPS-U.TO's 0.63% expense ratio.

Dividends

CIF.TO vs. CHPS-U.TO - Dividend Comparison

CIF.TO's dividend yield for the trailing twelve months is around 1.77%, while CHPS-U.TO has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
CHPS-U.TO
Global X Artificial Intelligence Semiconductor Index ETF		0.00%0.01%0.14%0.40%0.72%0.01%0.00%0.00%0.00%0.00%0.00%0.00%
CIF.TO
iShares Global Infrastructure Index ETF		1.77%2.05%2.84%2.36%2.53%2.24%2.06%1.83%2.45%2.27%1.81%2.41%

Frequently Asked Questions

CIF.TO and CHPS-U.TO have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, CHPS-U.TO is cheaper at 0.63% per year. The better choice depends on whether you care most about return, fees, risk, or income.

CHPS-U.TO is cheaper with a 0.63% expense ratio, compared with 0.72% for CIF.TO.

CIF.TO is categorized as Energy Equities, while CHPS-U.TO is Semiconductors. CIF.TO tracks Manulife Investment Management Global Infrastructure Index, while CHPS-U.TO tracks PHLX US AI Semiconductor Index. They also come from different issuers: iShares and Global X. Their fees differ too: 0.72% for CIF.TO and 0.63% for CHPS-U.TO.

Portfolio Optimizer

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