METW vs. CHPS

Last updated Jun 4, 2026

METW (Roundhill Meta Weeklypay ETF) and CHPS (Xtrackers Semiconductor Select Equity ETF) are both exchange-traded funds - METW is a Technology Equities fund tracking the Ball Metaverse Index, while CHPS is a Semiconductors fund tracking the Solactive Semiconductor ESG Screened Index - Benchmark TR Gross. Both are passively managed. At a 0.36 correlation, their price movements are largely independent. METW charges 0.59%/yr vs 0.15%/yr for CHPS.

Performance

METW vs. CHPS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Meta Weeklypay ETF (METW) 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, METW achieves a -8.79% return, which is significantly lower than CHPS's 107.97% return.

METW

• 1D: 5.19%
• 1M: 2.24%
• YTD: -8.79%
• 6M: -5.41%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CHPS

• 1D: 1.86%
• 1M: 32.32%
• YTD: 107.97%
• 6M: 109.04%
• 1Y: 223.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

METW vs. CHPS - Yearly Performance Comparison

	2026 (YTD)	2025
METW Roundhill Meta Weeklypay ETF	-8.79%	-8.20%
CHPS Xtrackers Semiconductor Select Equity ETF	107.97%	44.83%

Correlation

The correlation between METW and CHPS is 0.36, 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 Jun 20, 2025	0.36

METW vs. CHPS - Sectors Allocation Comparison

Sectors	METW	CHPS
Communication Services	23.2%	-
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	0.5%
Financial Services	-	0.2%
Healthcare	-	-
Industrials	-	0.4%
Real Estate	-	-
Technology	-	98.8%
Utilities	-	-

Return for Risk

METW vs. CHPS — Risk / Return Rank

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

CHPS

CHPS Risk / Return Rank: 97
CHPS Sharpe Ratio Rank: 99
CHPS Sortino Ratio Rank: 97
CHPS Omega Ratio Rank: 96
CHPS Calmar Ratio Rank: 98
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.

METW vs. CHPS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Meta Weeklypay ETF (METW) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	METW	CHPS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	6.54	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.40	1.81	-2.21

Drawdowns

METW vs. CHPS - Drawdown Comparison

The maximum METW drawdown since its inception was -40.52%, roughly equal to the maximum CHPS drawdown of -39.44%. Use the drawdown chart below to compare losses from any high point for METW and CHPS.

Drawdown Indicators

	METW	CHPS	Difference
Max Drawdown Largest peak-to-trough decline	-40.52%	-39.44%	-1.08%
Max Drawdown (1Y) Largest decline over 1 year	—	-17.50%	—
Current Drawdown Current decline from peak	-27.63%	0.00%	-27.63%
Average Drawdown Average peak-to-trough decline	-17.31%	-9.16%	-8.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.50%	—

Volatility

Volatility by Period

	METW	CHPS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	14.18%	—
Volatility (6M) Calculated over the trailing 6-month period	—	28.19%	—
Volatility (1Y) Calculated over the trailing 1-year period	42.57%	34.43%	+8.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.57%	33.78%	+8.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.57%	33.78%	+8.79%

METW vs. CHPS - Expense Ratio Comparison

METW has a 0.59% expense ratio, which is higher than CHPS's 0.15% expense ratio.

Dividends

METW vs. CHPS - Dividend Comparison

METW's dividend yield for the trailing twelve months is around 55.37%, more than CHPS's 0.32% yield.

Position	TTM	2025	2024	2023
CHPS Xtrackers Semiconductor Select Equity ETF	0.32%	0.68%	1.75%	0.36%
METW Roundhill Meta Weeklypay ETF	55.37%	30.89%	0.00%	0.00%

Frequently Asked Questions

Can I hold both METW and CHPS in my portfolio?

METW and CHPS have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, METW or CHPS?

On fees, CHPS is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, METW or CHPS?

CHPS is cheaper with a 0.15% expense ratio, compared with 0.59% for METW.

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

METW has the higher dividend yield at 55.37%, compared with 0.32% for CHPS.

What is the main difference between METW and CHPS?

METW is categorized as Technology Equities, while CHPS is Semiconductors. METW tracks Ball Metaverse Index, while CHPS tracks Solactive Semiconductor ESG Screened Index - Benchmark TR Gross. They also come from different issuers: Roundhill and Xtrackers. Their fees differ too: 0.59% for METW and 0.15% for CHPS.