HGY.TO vs. CHPS.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Global X Gold Yield ETF (HGY.TO) and Global X Artificial Intelligence Semiconductor Index ETF (CHPS.TO).

HGY.TO and CHPS.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HGY.TO is an actively managed fund by Global X. It was launched on Dec 14, 2010. CHPS.TO is a passively managed fund by Global X that tracks the performance of the PHLX US AI Semiconductor Index. It was launched on Jun 21, 2021.

Performance

HGY.TO vs. CHPS.TO - Performance Comparison

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

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

	2026 (YTD)	2025	2024	2023	2022	2021
HGY.TO Global X Gold Yield ETF	2.11%	48.66%	21.36%	9.51%	-1.07%	2.48%
CHPS.TO Global X Artificial Intelligence Semiconductor Index ETF	6.25%	45.93%	20.38%	68.20%	-37.86%	22.69%

Returns By Period

In the year-to-date period, HGY.TO achieves a 2.11% return, which is significantly lower than CHPS.TO's 6.25% return.

HGY.TO

• 1D: 0.00%
• 1M: -13.74%
• YTD: 2.11%
• 6M: 11.36%
• 1Y: 32.43%
• 3Y*: 24.33%
• 5Y*: 15.60%
• 10Y*: 9.83%

CHPS.TO

• 1D: 5.64%
• 1M: -2.54%
• YTD: 6.25%
• 6M: 12.90%
• 1Y: 74.89%
• 3Y*: 34.79%
• 5Y*: —
• 10Y*: —

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

HGY.TO vs. CHPS.TO - Expense Ratio Comparison

HGY.TO has a 0.86% expense ratio, which is higher than CHPS.TO's 0.63% expense ratio.

HGY.TO

Global X Gold Yield ETF

CHPS.TO

Global X Artificial Intelligence Semiconductor Index ETF

Return for Risk

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

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

HGY.TO

HGY.TO Risk / Return Rank: 73
HGY.TO Sharpe Ratio Rank: 75
HGY.TO Sortino Ratio Rank: 71
HGY.TO Omega Ratio Rank: 71
HGY.TO Calmar Ratio Rank: 73
HGY.TO Martin Ratio Rank: 74

CHPS.TO

CHPS.TO Risk / Return Rank: 93
CHPS.TO Sharpe Ratio Rank: 91
CHPS.TO Sortino Ratio Rank: 91
CHPS.TO Omega Ratio Rank: 90
CHPS.TO Calmar Ratio Rank: 97
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.

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

This table presents a comparison of risk-adjusted performance metrics for Global X Gold Yield ETF (HGY.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.

	HGY.TO	CHPS.TO	Difference
Sharpe ratio Return per unit of total volatility	1.38	1.98	-0.60
Sortino ratio Return per unit of downside risk	1.82	2.58	-0.76
Omega ratio Gain probability vs. loss probability	1.27	1.37	-0.10
Calmar ratio Return relative to maximum drawdown	1.93	4.78	-2.84
Martin ratio Return relative to average drawdown	7.93	15.10	-7.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current HGY.TO Sharpe Ratio is 1.38, which is lower than the CHPS.TO Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of HGY.TO and CHPS.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HGY.TO	CHPS.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.38	1.98	-0.60
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.03	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.65	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.60	—

Correlation

The correlation between HGY.TO and CHPS.TO is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

HGY.TO vs. CHPS.TO - Dividend Comparison

HGY.TO's dividend yield for the trailing twelve months is around 5.53%, more than CHPS.TO's 0.01% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HGY.TO Global X Gold Yield ETF	5.53%	4.92%	5.32%	6.10%	6.42%	5.87%	5.72%	4.19%	4.66%	4.63%	5.37%	6.13%
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%

Drawdowns

HGY.TO vs. CHPS.TO - Drawdown Comparison

The maximum HGY.TO drawdown since its inception was -188,898.12%, which is greater than CHPS.TO's maximum drawdown of -48.16%. Use the drawdown chart below to compare losses from any high point for HGY.TO and CHPS.TO.

Drawdown Indicators

	HGY.TO	CHPS.TO	Difference
Max Drawdown Largest peak-to-trough decline	-188,898.12%	-48.16%	-188,849.96%
Max Drawdown (1Y) Largest decline over 1 year	-17.47%	-15.68%	-1.79%
Max Drawdown (5Y) Largest decline over 5 years	-18.32%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-20.31%	—	—
Current Drawdown Current decline from peak	-161,050.90%	-7.93%	-161,042.97%
Average Drawdown Average peak-to-trough decline	-74,810.45%	-14.36%	-74,796.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.26%	4.96%	-0.70%

Volatility

HGY.TO vs. CHPS.TO - Volatility Comparison

The current volatility for Global X Gold Yield ETF (HGY.TO) is 9.78%, while Global X Artificial Intelligence Semiconductor Index ETF (CHPS.TO) has a volatility of 12.07%. This indicates that HGY.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

	HGY.TO	CHPS.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.78%	12.07%	-2.29%
Volatility (6M) Calculated over the trailing 6-month period	20.33%	24.85%	-4.52%
Volatility (1Y) Calculated over the trailing 1-year period	23.57%	37.95%	-14.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.30%	33.66%	-18.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.27%	33.66%	-18.39%