DOGG vs. CHPY

Last updated Jul 17, 2026

DOGG (FT Vest DJIA Dogs 10 Target Income ETF) and CHPY (YieldMax Semiconductor Portfolio Option Income ETF) are both Derivative Income funds. Both are actively managed. Over the past year, DOGG returned 20.53% vs 98.32% for CHPY. At a correlation of -0.04, they often move in opposite directions. DOGG charges 0.75%/yr vs 0.99%/yr for CHPY.

Performance

DOGG vs. CHPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest DJIA Dogs 10 Target Income ETF (DOGG) and YieldMax Semiconductor Portfolio Option Income ETF (CHPY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DOGG achieves a 10.97% return, which is significantly lower than CHPY's 63.11% return.

DOGG

• 1D: 2.51%
• 1M: 2.04%
• 6M: 9.08%
• YTD: 10.97%
• 1Y: 20.53%
• 3Y*: 13.52%
• 5Y*: —
• 10Y*: —

CHPY

• 1D: -4.40%
• 1M: -9.52%
• 6M: 49.62%
• YTD: 63.11%
• 1Y: 98.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DOGG vs. CHPY - Yearly Performance Comparison

	2026 (YTD)	2025
DOGG FT Vest DJIA Dogs 10 Target Income ETF	10.97%	8.25%
CHPY YieldMax Semiconductor Portfolio Option Income ETF	63.11%	56.76%

Correlation

The correlation between DOGG and CHPY is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.16
Correlation (All Time) Calculated using the full available price history since Apr 3, 2025	-0.04

The correlation between DOGG and CHPY shifts across timeframes, from -0.16 (1 year) to -0.04 (all time), reflecting how their relationship changes across market environments.

Return for Risk

DOGG vs. CHPY — Risk / Return Rank

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

DOGG

DOGG Risk / Return Rank: 63
DOGG Sharpe Ratio Rank: 72
DOGG Sortino Ratio Rank: 75
DOGG Omega Ratio Rank: 68
DOGG Calmar Ratio Rank: 62
DOGG Martin Ratio Rank: 41

CHPY

CHPY Risk / Return Rank: 91
CHPY Sharpe Ratio Rank: 94
CHPY Sortino Ratio Rank: 85
CHPY Omega Ratio Rank: 88
CHPY Calmar Ratio Rank: 95
CHPY Martin Ratio Rank: 95

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.

DOGG vs. CHPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest DJIA Dogs 10 Target Income ETF (DOGG) and YieldMax Semiconductor Portfolio Option Income ETF (CHPY). 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.

	DOGG	CHPY	Difference
Sharpe ratio: Return per unit of total volatility	1.83	2.77	-0.93
Sortino ratio: Return per unit of downside risk	2.67	3.08	-0.41
Omega ratio: Gain probability vs. loss probability	1.32	1.44	-0.12
Calmar ratio: Return relative to maximum drawdown	2.49	5.84	-3.35
Martin ratio: Return relative to average drawdown	5.29	23.10	-17.80

DOGG vs. CHPY - Sharpe Ratio Comparison

The current DOGG Sharpe Ratio is 1.83, which is lower than the CHPY Sharpe Ratio of 2.77. The chart below compares the historical Sharpe Ratios of DOGG and CHPY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DOGG vs. CHPY - Drawdown Comparison

The maximum DOGG drawdown since its inception was -11.19%, smaller than the maximum CHPY drawdown of -16.93%. Use the drawdown chart below to compare losses from any high point for DOGG and CHPY.

Drawdown Indicators

	DOGG	CHPY	Difference
Max Drawdown Largest peak-to-trough decline	-11.19%	-16.93%	+5.74%
Max Drawdown (1Y) Largest decline over 1 year	-8.29%	-16.93%	+8.64%
Max Drawdown (3Y) Largest decline over 3 years	-11.19%	—	—
Current Drawdown Current decline from peak	-2.46%	-16.93%	+14.47%
Average Drawdown Average peak-to-trough decline	-3.27%	-2.48%	-0.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.89%	4.27%	-0.38%

Volatility

DOGG vs. CHPY - Volatility Comparison

The current volatility for FT Vest DJIA Dogs 10 Target Income ETF (DOGG) is 4.87%, while YieldMax Semiconductor Portfolio Option Income ETF (CHPY) has a volatility of 18.29%. This indicates that DOGG experiences smaller price fluctuations and is considered to be less risky than CHPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DOGG	CHPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.87%	18.29%	-13.42%
Volatility (6M) Calculated over the trailing 6-month period	9.14%	31.41%	-22.27%
Volatility (1Y) Calculated over the trailing 1-year period	11.28%	35.76%	-24.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.05%	37.88%	-24.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.05%	37.88%	-24.83%

DOGG vs. CHPY - Expense Ratio Comparison

DOGG has a 0.75% expense ratio, which is lower than CHPY's 0.99% expense ratio.

Dividends

DOGG vs. CHPY - Dividend Comparison

DOGG's dividend yield for the trailing twelve months is around 8.52%, less than CHPY's 36.41% yield.

Position	TTM	2025	2024	2023
CHPY YieldMax Semiconductor Portfolio Option Income ETF	36.41%	28.19%	0.00%	0.00%
DOGG FT Vest DJIA Dogs 10 Target Income ETF	8.52%	8.75%	9.92%	5.89%

Frequently Asked Questions

Can I hold both DOGG and CHPY in my portfolio?

DOGG and CHPY have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DOGG or CHPY?

CHPY has higher volatility (18.29%) compared to DOGG (4.87%). In terms of maximum drawdown, DOGG dropped -11.19% vs CHPY's -16.93%.

Which ETF is better, DOGG or CHPY?

On 1-year performance, CHPY leads with 98.32% vs 20.53% for DOGG. On fees, DOGG is cheaper at 0.75% per year. On volatility, DOGG has been the lower-risk option at 4.87%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DOGG or CHPY?

Over the 1-year period, CHPY has performed better with a 98.32% return vs 20.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DOGG or CHPY?

DOGG is cheaper with a 0.75% expense ratio, compared with 0.99% for CHPY.

Which ETF pays a higher dividend yield, DOGG or CHPY?

CHPY has the higher dividend yield at 36.41%, compared with 8.52% for DOGG.

What is the main difference between DOGG and CHPY?

They also come from different issuers: FT Vest and YieldMax. Their fees differ too: 0.75% for DOGG and 0.99% for CHPY.

Which has better risk-adjusted returns?

CHPY currently has the higher Sharpe Ratio (2.77 vs 1.83), 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.