MTRX.TO vs. CHPS-U.TO

Last updated Apr 2, 2026

Compare and contrast key facts about Global X Artificial Intelligence Infrastructure Index ETF (MTRX.TO) and Global X Artificial Intelligence Semiconductor Index ETF (CHPS-U.TO).

MTRX.TO and CHPS-U.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MTRX.TO is a passively managed fund by Global X that tracks the performance of the Mirae Asset AI Infrastructure CAD Index. It was launched on Feb 20, 2025. CHPS-U.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. Both MTRX.TO and CHPS-U.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

MTRX.TO vs. CHPS-U.TO - Performance Comparison

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

MTRX.TO vs. CHPS-U.TO - Yearly Performance Comparison

	2026 (YTD)	2025
MTRX.TO Global X Artificial Intelligence Infrastructure Index ETF	15.92%	37.29%
CHPS-U.TO Global X Artificial Intelligence Semiconductor Index ETF	8.28%	37.60%

Different Trading Currencies

MTRX.TO is traded in CAD, while CHPS-U.TO is traded in USD. To make them comparable, the CHPS-U.TO values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, MTRX.TO achieves a 15.92% return, which is significantly higher than CHPS-U.TO's 8.28% return.

MTRX.TO

• 1D: 3.22%
• 1M: -5.59%
• YTD: 15.92%
• 6M: 18.12%
• 1Y: 82.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CHPS-U.TO

• 1D: 8.45%
• 1M: -0.36%
• YTD: 8.28%
• 6M: 15.70%
• 1Y: 80.71%
• 3Y*: 35.71%
• 5Y*: —
• 10Y*: —

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

MTRX.TO vs. CHPS-U.TO - Expense Ratio Comparison

MTRX.TO has a 0.49% expense ratio, which is lower than CHPS-U.TO's 0.63% expense ratio.

CHPS-U.TO

Global X Artificial Intelligence Semiconductor Index ETF

MTRX.TO

Global X Artificial Intelligence Infrastructure Index ETF

Return for Risk

MTRX.TO vs. CHPS-U.TO — Risk / Return Rank

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

MTRX.TO

MTRX.TO Risk / Return Rank: 96
MTRX.TO Sharpe Ratio Rank: 96
MTRX.TO Sortino Ratio Rank: 97
MTRX.TO Omega Ratio Rank: 96
MTRX.TO Calmar Ratio Rank: 97
MTRX.TO Martin Ratio Rank: 96

CHPS-U.TO

CHPS-U.TO Risk / Return Rank: 94
CHPS-U.TO Sharpe Ratio Rank: 92
CHPS-U.TO Sortino Ratio Rank: 93
CHPS-U.TO Omega Ratio Rank: 92
CHPS-U.TO Calmar Ratio Rank: 98
CHPS-U.TO 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.

MTRX.TO vs. CHPS-U.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Artificial Intelligence Infrastructure Index ETF (MTRX.TO) and Global X Artificial Intelligence Semiconductor Index ETF (CHPS-U.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.

	MTRX.TO	CHPS-U.TO	Difference
Sharpe ratio Return per unit of total volatility	2.71	2.08	+0.63
Sortino ratio Return per unit of downside risk	3.62	2.75	+0.86
Omega ratio Gain probability vs. loss probability	1.50	1.38	+0.12
Calmar ratio Return relative to maximum drawdown	5.58	5.73	-0.14
Martin ratio Return relative to average drawdown	19.05	16.85	+2.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MTRX.TO vs. CHPS-U.TO - Sharpe Ratio Comparison

The current MTRX.TO Sharpe Ratio is 2.71, which is higher than the CHPS-U.TO Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of MTRX.TO and CHPS-U.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

	MTRX.TO	CHPS-U.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.71	2.08	+0.63
Sharpe Ratio (All Time) Calculated using the full available price history	1.65	0.40	+1.25

Correlation

The correlation between MTRX.TO and CHPS-U.TO is 0.19, 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

MTRX.TO vs. CHPS-U.TO - Dividend Comparison

MTRX.TO's dividend yield for the trailing twelve months is around 0.03%, more than CHPS-U.TO's 0.01% yield.

	TTM	2025	2024	2023	2022	2021
MTRX.TO Global X Artificial Intelligence Infrastructure Index ETF	0.03%	0.04%	0.00%	0.00%	0.00%	0.00%
CHPS-U.TO Global X Artificial Intelligence Semiconductor Index ETF	0.01%	0.01%	0.14%	0.40%	0.72%	0.01%

Drawdowns

MTRX.TO vs. CHPS-U.TO - Drawdown Comparison

The maximum MTRX.TO drawdown since its inception was -19.75%, smaller than the maximum CHPS-U.TO drawdown of -48.89%. Use the drawdown chart below to compare losses from any high point for MTRX.TO and CHPS-U.TO.

Drawdown Indicators

	MTRX.TO	CHPS-U.TO	Difference
Max Drawdown Largest peak-to-trough decline	-19.75%	-53.70%	+33.95%
Max Drawdown (1Y) Largest decline over 1 year	-14.79%	-13.07%	-1.72%
Current Drawdown Current decline from peak	-7.03%	-5.59%	-1.44%
Average Drawdown Average peak-to-trough decline	-4.36%	-18.17%	+13.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.33%	4.46%	-0.13%

Volatility

MTRX.TO vs. CHPS-U.TO - Volatility Comparison

The current volatility for Global X Artificial Intelligence Infrastructure Index ETF (MTRX.TO) is 13.19%, while Global X Artificial Intelligence Semiconductor Index ETF (CHPS-U.TO) has a volatility of 15.06%. This indicates that MTRX.TO experiences smaller price fluctuations and is considered to be less risky than CHPS-U.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MTRX.TO	CHPS-U.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.19%	15.06%	-1.87%
Volatility (6M) Calculated over the trailing 6-month period	22.53%	27.65%	-5.12%
Volatility (1Y) Calculated over the trailing 1-year period	30.63%	38.97%	-8.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.67%	38.58%	-6.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.67%	38.58%	-6.91%