GOOW vs. CHPX

Last updated Jun 5, 2026

GOOW (Roundhill GOOGL WeeklyPay™ ETF) and CHPX (Global X AI Semiconductor & Quantum ETF) are both exchange-traded funds - GOOW is a Derivative Income fund actively managed by Roundhill, while CHPX is a Semiconductors fund tracking the Global X AI Semiconductor & Quantum Index. GOOW is actively managed, while CHPX is passively managed. At a 0.41 correlation, their price movements are largely independent. GOOW charges 0.99%/yr vs 0.50%/yr for CHPX.

Performance

GOOW vs. CHPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill GOOGL WeeklyPay™ ETF (GOOW) and Global X AI Semiconductor & Quantum ETF (CHPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GOOW achieves a 20.63% return, which is significantly lower than CHPX's 94.06% return.

GOOW

• 1D: 4.51%
• 1M: -5.12%
• YTD: 20.63%
• 6M: 17.80%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CHPX

• 1D: -2.82%
• 1M: 25.89%
• YTD: 94.06%
• 6M: 90.64%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GOOW vs. CHPX - Yearly Performance Comparison

	2026 (YTD)	2025
GOOW Roundhill GOOGL WeeklyPay™ ETF	20.63%	32.20%
CHPX Global X AI Semiconductor & Quantum ETF	94.06%	5.55%

Correlation

The correlation between GOOW and CHPX is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 2, 2025	0.41

Return for Risk

GOOW vs. CHPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill GOOGL WeeklyPay™ ETF (GOOW) and Global X AI Semiconductor & Quantum ETF (CHPX). 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

	GOOW	CHPX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	3.71	5.00	-1.29

Drawdowns

GOOW vs. CHPX - Drawdown Comparison

The maximum GOOW drawdown since its inception was -24.88%, which is greater than CHPX's maximum drawdown of -15.15%. Use the drawdown chart below to compare losses from any high point for GOOW and CHPX.

Drawdown Indicators

	GOOW	CHPX	Difference
Max Drawdown Largest peak-to-trough decline	-24.88%	-15.15%	-9.73%
Current Drawdown Current decline from peak	-9.28%	-2.84%	-6.44%
Average Drawdown Average peak-to-trough decline	-4.82%	-3.77%	-1.05%

Volatility

Volatility by Period

	GOOW	CHPX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	37.56%	38.38%	-0.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.56%	38.38%	-0.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.56%	38.38%	-0.82%

GOOW vs. CHPX - Expense Ratio Comparison

GOOW has a 0.99% expense ratio, which is higher than CHPX's 0.50% expense ratio.

Dividends

GOOW vs. CHPX - Dividend Comparison

GOOW's dividend yield for the trailing twelve months is around 33.69%, more than CHPX's 0.03% yield.

Position	TTM	2025
CHPX Global X AI Semiconductor & Quantum ETF	0.03%	0.06%
GOOW Roundhill GOOGL WeeklyPay™ ETF	33.69%	19.77%

Frequently Asked Questions

Can I hold both GOOW and CHPX in my portfolio?

GOOW and CHPX have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GOOW or CHPX?

On fees, CHPX is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GOOW or CHPX?

CHPX is cheaper with a 0.50% expense ratio, compared with 0.99% for GOOW.

Which ETF pays a higher dividend yield, GOOW or CHPX?

GOOW has the higher dividend yield at 33.69%, compared with 0.03% for CHPX.

What is the main difference between GOOW and CHPX?

GOOW is categorized as Derivative Income, while CHPX is Semiconductors. They also come from different issuers: Roundhill and Global X. Their fees differ too: 0.99% for GOOW and 0.50% for CHPX.