DOL.TO vs. CHPS.TO

Last updated Jun 4, 2026

DOL.TO (Dollarama Inc.) is a stock, while CHPS.TO (Global X Artificial Intelligence Semiconductor Index ETF) is Semiconductors fund tracking the PHLX US AI Semiconductor Index. Over the past 3 years, DOL.TO returned 28.35%/yr vs 51.56%/yr for CHPS.TO. At a 0.14 correlation, their price movements are largely independent.

Performance

DOL.TO vs. CHPS.TO - Performance Comparison

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

Returns By Period

In the year-to-date period, DOL.TO achieves a -14.54% return, which is significantly lower than CHPS.TO's 66.03% return.

DOL.TO

• 1D: 0.23%
• 1M: 2.70%
• YTD: -14.54%
• 6M: -11.20%
• 1Y: -1.42%
• 3Y*: 28.35%
• 5Y*: 26.92%
• 10Y*: 19.54%

CHPS.TO

• 1D: 0.93%
• 1M: 28.67%
• YTD: 66.03%
• 6M: 59.28%
• 1Y: 134.35%
• 3Y*: 51.56%
• 5Y*: —
• 10Y*: —

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

DOL.TO vs. CHPS.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DOL.TO Dollarama Inc.	-14.54%	46.59%	47.34%	20.96%	25.45%	10.17%
CHPS.TO Global X Artificial Intelligence Semiconductor Index ETF	66.03%	45.93%	20.38%	68.20%	-37.86%	22.69%

Correlation

The correlation between DOL.TO and CHPS.TO is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.09
Correlation (All Time) Calculated using the full available price history since Jun 23, 2021	0.14

Return for Risk

DOL.TO vs. CHPS.TO — Risk / Return Rank

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

DOL.TO

DOL.TO Risk / Return Rank: 35
DOL.TO Sharpe Ratio Rank: 38
DOL.TO Sortino Ratio Rank: 31
DOL.TO Omega Ratio Rank: 31
DOL.TO Calmar Ratio Rank: 37
DOL.TO Martin Ratio Rank: 37

CHPS.TO

CHPS.TO Risk / Return Rank: 94
CHPS.TO Sharpe Ratio Rank: 96
CHPS.TO Sortino Ratio Rank: 92
CHPS.TO Omega Ratio Rank: 92
CHPS.TO Calmar Ratio Rank: 96
CHPS.TO 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.

DOL.TO vs. CHPS.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dollarama Inc. (DOL.TO) and Global X Artificial Intelligence Semiconductor Index ETF (CHPS.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.

	DOL.TO	CHPS.TO	Difference
Sharpe ratio: Return per unit of total volatility	-0.06	4.30	-4.36
Sortino ratio: Return per unit of downside risk	0.07	4.53	-4.45
Omega ratio: Gain probability vs. loss probability	1.01	1.63	-0.62
Calmar ratio: Return relative to maximum drawdown	-0.07	10.12	-10.20
Martin ratio: Return relative to average drawdown	-0.17	30.54	-30.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DOL.TO vs. CHPS.TO - Sharpe Ratio Comparison

The current DOL.TO Sharpe Ratio is -0.06, which is lower than the CHPS.TO Sharpe Ratio of 4.30. The chart below compares the historical Sharpe Ratios of DOL.TO and CHPS.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.

Sharpe Ratios by Period

	DOL.TO	CHPS.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.06	4.30	-4.36
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.26	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.81	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.21	0.91	+0.30

Drawdowns

DOL.TO vs. CHPS.TO - Drawdown Comparison

The maximum DOL.TO drawdown since its inception was -45.07%, smaller than the maximum CHPS.TO drawdown of -48.16%. Use the drawdown chart below to compare losses from any high point for DOL.TO and CHPS.TO.

Drawdown Indicators

	DOL.TO	CHPS.TO	Difference
Max Drawdown Largest peak-to-trough decline	-45.07%	-48.16%	+3.09%
Max Drawdown (1Y) Largest decline over 1 year	-19.07%	-13.35%	-5.72%
Max Drawdown (3Y) Largest decline over 3 years	-19.07%	-37.49%	+18.42%
Max Drawdown (5Y) Largest decline over 5 years	-19.07%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-45.07%	—	—
Current Drawdown Current decline from peak	-14.97%	0.00%	-14.97%
Average Drawdown Average peak-to-trough decline	-6.51%	-13.90%	+7.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.39%	4.42%	+3.97%

Volatility

DOL.TO vs. CHPS.TO - Volatility Comparison

The current volatility for Dollarama Inc. (DOL.TO) is 6.23%, while Global X Artificial Intelligence Semiconductor Index ETF (CHPS.TO) has a volatility of 11.35%. This indicates that DOL.TO experiences smaller price fluctuations and is considered to be less risky than CHPS.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DOL.TO	CHPS.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.23%	11.35%	-5.12%
Volatility (6M) Calculated over the trailing 6-month period	17.80%	24.81%	-7.01%
Volatility (1Y) Calculated over the trailing 1-year period	22.97%	31.48%	-8.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.45%	33.79%	-12.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.24%	33.79%	-9.55%

Dividends

DOL.TO vs. CHPS.TO - Dividend Comparison

DOL.TO's dividend yield for the trailing twelve months is around 0.25%, more than CHPS.TO's 0.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CHPS.TO Global X Artificial Intelligence Semiconductor Index ETF	0.01%	0.01%	0.20%	0.53%	0.97%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DOL.TO Dollarama Inc.	0.25%	0.20%	0.25%	0.28%	0.27%	0.31%	0.34%	0.39%	0.48%	0.27%	0.40%	0.44%

Frequently Asked Questions

Can I hold both DOL.TO and CHPS.TO in my portfolio?

DOL.TO and CHPS.TO have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.