MUYY vs. CHPX

Last updated Jul 17, 2026

MUYY (GraniteShares YieldBOOST MU ETF) and CHPX (Global X AI Semiconductor & Quantum ETF) are both exchange-traded funds - MUYY is a Derivative Income fund actively managed by GraniteShares, while CHPX is a Semiconductors fund tracking the Global X AI Semiconductor & Quantum Index. MUYY is actively managed, while CHPX is passively managed. A 0.73 correlation means they provide meaningful diversification when combined. MUYY charges 1.07%/yr vs 0.50%/yr for CHPX.

Performance

MUYY vs. CHPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST MU ETF (MUYY) and Global X AI Semiconductor & Quantum ETF (CHPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MUYY

• 1D: -2.11%
• 1M: -7.34%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CHPX

• 1D: -4.46%
• 1M: -11.78%
• 6M: 51.18%
• YTD: 64.48%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MUYY vs. CHPX - Yearly Performance Comparison

	2026 (YTD)
MUYY GraniteShares YieldBOOST MU ETF	6.00%
CHPX Global X AI Semiconductor & Quantum ETF	33.14%

Correlation

The correlation between MUYY and CHPX is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 14, 2026	0.73

Return for Risk

MUYY vs. CHPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST MU ETF (MUYY) and Global X AI Semiconductor & Quantum ETF (CHPX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

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

Drawdowns

MUYY vs. CHPX - Drawdown Comparison

The maximum MUYY drawdown since its inception was -9.70%, smaller than the maximum CHPX drawdown of -18.95%. Use the drawdown chart below to compare losses from any high point for MUYY and CHPX.

Drawdown Indicators

	MUYY	CHPX	Difference
Max Drawdown Largest peak-to-trough decline	-9.70%	-18.95%	+9.25%
Current Drawdown Current decline from peak	-9.70%	-18.95%	+9.25%
Average Drawdown Average peak-to-trough decline	-1.69%	-4.52%	+2.83%

Volatility

Volatility by Period

	MUYY	CHPX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	19.48%	43.86%	-24.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.48%	43.86%	-24.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.48%	43.86%	-24.38%

MUYY vs. CHPX - Expense Ratio Comparison

MUYY has a 1.07% expense ratio, which is higher than CHPX's 0.50% expense ratio.

Dividends

MUYY vs. CHPX - Dividend Comparison

MUYY's dividend yield for the trailing twelve months is around 29.24%, more than CHPX's 0.04% yield.

Position	TTM	2025
CHPX Global X AI Semiconductor & Quantum ETF	0.04%	0.06%
MUYY GraniteShares YieldBOOST MU ETF	29.24%	0.00%

Frequently Asked Questions

Can I hold both MUYY and CHPX in my portfolio?

MUYY and CHPX have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MUYY or CHPX?

On fees, CHPX is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MUYY or CHPX?

CHPX is cheaper with a 0.50% expense ratio, compared with 1.07% for MUYY.

Which ETF pays a higher dividend yield, MUYY or CHPX?

MUYY has the higher dividend yield at 29.24%, compared with 0.04% for CHPX.

What is the main difference between MUYY and CHPX?

MUYY is categorized as Derivative Income, while CHPX is Semiconductors. They also come from different issuers: GraniteShares and Global X. Their fees differ too: 1.07% for MUYY and 0.50% for CHPX.