IETC vs. CHPS

Last updated Jun 5, 2026

IETC (iShares Evolved U.S. Technology ETF) and CHPS (Xtrackers Semiconductor Select Equity ETF) are both exchange-traded funds - IETC is a Technology Equities fund actively managed by iShares, while CHPS is a Semiconductors fund tracking the Solactive Semiconductor ESG Screened Index - Benchmark TR Gross. IETC is actively managed, while CHPS is passively managed. Over the past year, IETC returned 27.98% vs 211.40% for CHPS. A 0.75 correlation means they provide meaningful diversification when combined. IETC charges 0.18%/yr vs 0.15%/yr for CHPS.

Performance

IETC vs. CHPS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Evolved U.S. Technology ETF (IETC) and Xtrackers Semiconductor Select Equity ETF (CHPS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IETC achieves a 12.03% return, which is significantly lower than CHPS's 103.69% return.

IETC

• 1D: -1.63%
• 1M: 9.01%
• YTD: 12.03%
• 6M: 10.27%
• 1Y: 27.98%
• 3Y*: 29.91%
• 5Y*: 17.84%
• 10Y*: —

CHPS

• 1D: -2.06%
• 1M: 23.46%
• YTD: 103.69%
• 6M: 107.58%
• 1Y: 211.40%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IETC vs. CHPS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
IETC iShares Evolved U.S. Technology ETF	12.03%	19.56%	37.57%	10.84%
CHPS Xtrackers Semiconductor Select Equity ETF	103.69%	58.47%	7.75%	10.88%

Correlation

The correlation between IETC and CHPS is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.64
Correlation (All Time) Calculated using the full available price history since Jul 14, 2023	0.75

The correlation between IETC and CHPS shifts across timeframes, from 0.64 (1 year) to 0.75 (all time), reflecting how their relationship changes across market environments.

IETC vs. CHPS - Sectors Allocation Comparison

Sectors	IETC	CHPS
Technology	79.1%	98.8%
Communication Services	8.4%	-
Consumer Cyclical	4.7%	-
Industrials	3.7%	0.4%
Financial Services	3.1%	0.2%
Real Estate	0.7%	-
Healthcare	0.1%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	0.5%
Utilities	-	-

Return for Risk

IETC vs. CHPS — Risk / Return Rank

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

IETC

IETC Risk / Return Rank: 33
IETC Sharpe Ratio Rank: 38
IETC Sortino Ratio Rank: 36
IETC Omega Ratio Rank: 36
IETC Calmar Ratio Rank: 28
IETC Martin Ratio Rank: 27

CHPS

CHPS Risk / Return Rank: 97
CHPS Sharpe Ratio Rank: 98
CHPS Sortino Ratio Rank: 96
CHPS Omega Ratio Rank: 96
CHPS Calmar Ratio Rank: 97
CHPS Martin Ratio Rank: 97

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.

IETC vs. CHPS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Evolved U.S. Technology ETF (IETC) and Xtrackers Semiconductor Select Equity ETF (CHPS). 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.

	IETC	CHPS	Difference
Sharpe ratio: Return per unit of total volatility	1.33	6.17	-4.84
Sortino ratio: Return per unit of downside risk	1.84	5.85	-4.01
Omega ratio: Gain probability vs. loss probability	1.23	1.78	-0.54
Calmar ratio: Return relative to maximum drawdown	1.33	12.16	-10.84
Martin ratio: Return relative to average drawdown	3.73	47.22	-43.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IETC vs. CHPS - Sharpe Ratio Comparison

The current IETC Sharpe Ratio is 1.33, which is lower than the CHPS Sharpe Ratio of 6.17. The chart below compares the historical Sharpe Ratios of IETC and CHPS, 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

	IETC	CHPS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.33	6.17	-4.84
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.73	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.86	1.77	-0.91

Drawdowns

IETC vs. CHPS - Drawdown Comparison

The maximum IETC drawdown since its inception was -38.48%, roughly equal to the maximum CHPS drawdown of -39.44%. Use the drawdown chart below to compare losses from any high point for IETC and CHPS.

Drawdown Indicators

	IETC	CHPS	Difference
Max Drawdown Largest peak-to-trough decline	-38.48%	-39.44%	+0.96%
Max Drawdown (1Y) Largest decline over 1 year	-21.19%	-17.50%	-3.69%
Max Drawdown (3Y) Largest decline over 3 years	-25.17%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-38.48%	—	—
Current Drawdown Current decline from peak	-3.84%	-2.06%	-1.78%
Average Drawdown Average peak-to-trough decline	-8.13%	-9.15%	+1.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.51%	4.50%	+3.01%

Volatility

IETC vs. CHPS - Volatility Comparison

The current volatility for iShares Evolved U.S. Technology ETF (IETC) is 6.78%, while Xtrackers Semiconductor Select Equity ETF (CHPS) has a volatility of 14.07%. This indicates that IETC experiences smaller price fluctuations and is considered to be less risky than CHPS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IETC	CHPS	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.78%	14.07%	-7.29%
Volatility (6M) Calculated over the trailing 6-month period	16.57%	28.29%	-11.72%
Volatility (1Y) Calculated over the trailing 1-year period	21.09%	34.50%	-13.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.53%	33.78%	-9.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.38%	33.78%	-8.40%

IETC vs. CHPS - Expense Ratio Comparison

IETC has a 0.18% expense ratio, which is higher than CHPS's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

IETC vs. CHPS - Dividend Comparison

IETC's dividend yield for the trailing twelve months is around 0.35%, more than CHPS's 0.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
CHPS Xtrackers Semiconductor Select Equity ETF	0.33%	0.68%	1.75%	0.36%	0.00%	0.00%	0.00%	0.00%	0.00%
IETC iShares Evolved U.S. Technology ETF	0.35%	0.38%	0.52%	0.79%	0.92%	0.73%	0.48%	0.95%	1.27%

Frequently Asked Questions

Can I hold both IETC and CHPS in my portfolio?

IETC and CHPS have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IETC or CHPS?

CHPS has higher volatility (14.07%) compared to IETC (6.78%). In terms of maximum drawdown, IETC dropped -38.48% vs CHPS's -39.44%.

Which ETF is better, IETC or CHPS?

On 1-year performance, CHPS leads with 211.40% vs 27.98% for IETC. On fees, CHPS is cheaper at 0.15% per year. On volatility, IETC has been the lower-risk option at 6.78%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IETC or CHPS?

Over the 1-year period, CHPS has performed better with a 211.40% return vs 27.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IETC or CHPS?

CHPS is cheaper with a 0.15% expense ratio, compared with 0.18% for IETC.

Which ETF pays a higher dividend yield, IETC or CHPS?

IETC has the higher dividend yield at 0.35%, compared with 0.33% for CHPS.

What is the main difference between IETC and CHPS?

IETC is categorized as Technology Equities, while CHPS is Semiconductors. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.18% for IETC and 0.15% for CHPS.

Which has better risk-adjusted returns?

CHPS currently has the higher Sharpe Ratio (6.17 vs 1.33), 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.