NUKX vs. CHPY

Last updated Jun 4, 2026

NUKX (Nicholas Nuclear Income ETF) and CHPY (YieldMax Semiconductor Portfolio Option Income ETF) are both Derivative Income funds. Both are actively managed. A 0.63 correlation means they provide meaningful diversification when combined. NUKX charges 1.07%/yr vs 0.99%/yr for CHPY.

Performance

NUKX vs. CHPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nicholas Nuclear Income ETF (NUKX) and YieldMax Semiconductor Portfolio Option Income ETF (CHPY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NUKX

• 1D: -5.82%
• 1M: -7.92%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CHPY

• 1D: 1.14%
• 1M: 29.53%
• YTD: 85.77%
• 6M: 85.49%
• 1Y: 149.72%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NUKX vs. CHPY - Yearly Performance Comparison

	2026 (YTD)
NUKX Nicholas Nuclear Income ETF	-5.16%
CHPY YieldMax Semiconductor Portfolio Option Income ETF	68.32%

Correlation

The correlation between NUKX and CHPY is 0.63, 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 Mar 4, 2026	0.63

Return for Risk

NUKX vs. CHPY — Risk / Return Rank

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

CHPY

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

NUKX vs. CHPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nicholas Nuclear Income ETF (NUKX) and YieldMax Semiconductor Portfolio Option Income ETF (CHPY). 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

	NUKX	CHPY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	5.47	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.38	4.83	-5.21

Drawdowns

NUKX vs. CHPY - Drawdown Comparison

The maximum NUKX drawdown since its inception was -18.73%, which is greater than CHPY's maximum drawdown of -12.17%. Use the drawdown chart below to compare losses from any high point for NUKX and CHPY.

Drawdown Indicators

	NUKX	CHPY	Difference
Max Drawdown Largest peak-to-trough decline	-18.73%	-12.17%	-6.56%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.17%	—
Current Drawdown Current decline from peak	-12.76%	0.00%	-12.76%
Average Drawdown Average peak-to-trough decline	-7.05%	-1.98%	-5.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.18%	—

Volatility

Volatility by Period

	NUKX	CHPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.23%	—
Volatility (6M) Calculated over the trailing 6-month period	—	22.33%	—
Volatility (1Y) Calculated over the trailing 1-year period	50.05%	27.59%	+22.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.05%	33.17%	+16.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.05%	33.17%	+16.88%

NUKX vs. CHPY - Expense Ratio Comparison

NUKX has a 1.07% expense ratio, which is higher than CHPY's 0.99% expense ratio.

Dividends

NUKX vs. CHPY - Dividend Comparison

NUKX's dividend yield for the trailing twelve months is around 3.84%, less than CHPY's 28.40% yield.

Position	TTM	2025
CHPY YieldMax Semiconductor Portfolio Option Income ETF	28.40%	28.19%
NUKX Nicholas Nuclear Income ETF	3.84%	0.00%

Frequently Asked Questions

Can I hold both NUKX and CHPY in my portfolio?

NUKX and CHPY have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NUKX or CHPY?

On fees, CHPY is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NUKX or CHPY?

CHPY is cheaper with a 0.99% expense ratio, compared with 1.07% for NUKX.

Which ETF pays a higher dividend yield, NUKX or CHPY?

CHPY has the higher dividend yield at 28.40%, compared with 3.84% for NUKX.

What is the main difference between NUKX and CHPY?

They also come from different issuers: Nicholas Wealth and YieldMax. Their fees differ too: 1.07% for NUKX and 0.99% for CHPY.