MRU.TO vs. CHPS.TO

Last updated Jun 4, 2026

MRU.TO (Metro 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, MRU.TO returned 9.18%/yr vs 51.56%/yr for CHPS.TO. At a 0.03 correlation, their price movements are largely independent.

Performance

MRU.TO vs. CHPS.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Metro Inc. (MRU.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, MRU.TO achieves a -9.08% return, which is significantly lower than CHPS.TO's 66.03% return.

MRU.TO

• 1D: 1.53%
• 1M: -0.73%
• YTD: -9.08%
• 6M: -8.71%
• 1Y: -15.34%
• 3Y*: 9.18%
• 5Y*: 10.60%
• 10Y*: 8.78%

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)

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

	2026 (YTD)	2025	2024	2023	2022	2021
MRU.TO Metro Inc.	-9.08%	11.26%	33.74%	-6.94%	13.16%	14.91%
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 MRU.TO and CHPS.TO is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.02
Correlation (All Time) Calculated using the full available price history since Jun 23, 2021	0.03

The correlation between MRU.TO and CHPS.TO shifts across timeframes, from -0.16 (1 year) to 0.03 (all time), reflecting how their relationship changes across market environments.

Return for Risk

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

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

MRU.TO

MRU.TO Risk / Return Rank: 8
MRU.TO Sharpe Ratio Rank: 8
MRU.TO Sortino Ratio Rank: 11
MRU.TO Omega Ratio Rank: 10
MRU.TO Calmar Ratio Rank: 5
MRU.TO Martin Ratio Rank: 4

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.

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

This table presents a comparison of risk-adjusted performance metrics for Metro Inc. (MRU.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.

	MRU.TO	CHPS.TO	Difference
Sharpe ratio: Return per unit of total volatility	-0.83	4.30	-5.13
Sortino ratio: Return per unit of downside risk	-1.00	4.53	-5.53
Omega ratio: Gain probability vs. loss probability	0.87	1.63	-0.76
Calmar ratio: Return relative to maximum drawdown	-0.91	10.12	-11.03
Martin ratio: Return relative to average drawdown	-1.59	30.54	-32.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current MRU.TO Sharpe Ratio is -0.83, which is lower than the CHPS.TO Sharpe Ratio of 4.30. The chart below compares the historical Sharpe Ratios of MRU.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

	MRU.TO	CHPS.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.83	4.30	-5.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.86	0.91	-0.05

Drawdowns

MRU.TO vs. CHPS.TO - Drawdown Comparison

The maximum MRU.TO drawdown since its inception was -46.70%, roughly equal to the maximum CHPS.TO drawdown of -48.16%. Use the drawdown chart below to compare losses from any high point for MRU.TO and CHPS.TO.

Drawdown Indicators

	MRU.TO	CHPS.TO	Difference
Max Drawdown Largest peak-to-trough decline	-46.70%	-48.16%	+1.46%
Max Drawdown (1Y) Largest decline over 1 year	-16.96%	-13.35%	-3.61%
Max Drawdown (3Y) Largest decline over 3 years	-17.65%	-37.49%	+19.84%
Max Drawdown (5Y) Largest decline over 5 years	-17.65%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-19.06%	—	—
Current Drawdown Current decline from peak	-16.17%	0.00%	-16.17%
Average Drawdown Average peak-to-trough decline	-7.84%	-13.90%	+6.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.68%	4.42%	+5.26%

Volatility

MRU.TO vs. CHPS.TO - Volatility Comparison

The current volatility for Metro Inc. (MRU.TO) is 3.83%, while Global X Artificial Intelligence Semiconductor Index ETF (CHPS.TO) has a volatility of 11.35%. This indicates that MRU.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

	MRU.TO	CHPS.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.83%	11.35%	-7.52%
Volatility (6M) Calculated over the trailing 6-month period	12.98%	24.81%	-11.83%
Volatility (1Y) Calculated over the trailing 1-year period	18.54%	31.48%	-12.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.51%	33.79%	-17.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.19%	33.79%	-16.60%

Dividends

MRU.TO vs. CHPS.TO - Dividend Comparison

MRU.TO's dividend yield for the trailing twelve months is around 1.75%, 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%
MRU.TO Metro Inc.	1.75%	1.50%	1.49%	1.77%	1.47%	1.49%	1.58%	1.49%	1.52%	1.62%	1.39%	1.21%

Frequently Asked Questions

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

MRU.TO and CHPS.TO have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.