OZEM vs. CHPY

Last updated Apr 2, 2026

Compare and contrast key facts about Roundhill Glp-1 & Weight Loss ETF (OZEM) and YieldMax Semiconductor Portfolio Option Income ETF (CHPY).

OZEM and CHPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. OZEM is an actively managed fund by Roundhill. It was launched on May 20, 2024. CHPY is an actively managed fund by YieldMax. It was launched on Apr 2, 2025.

Performance

OZEM vs. CHPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Glp-1 & Weight Loss ETF (OZEM) and YieldMax Semiconductor Portfolio Option Income ETF (CHPY). The values are adjusted to include any dividend payments, if applicable.

OZEM vs. CHPY - Yearly Performance Comparison

	2026 (YTD)	2025
OZEM Roundhill Glp-1 & Weight Loss ETF	-6.61%	51.11%
CHPY YieldMax Semiconductor Portfolio Option Income ETF	12.50%	62.91%

Returns By Period

In the year-to-date period, OZEM achieves a -6.61% return, which is significantly lower than CHPY's 12.50% return.

OZEM

• 1D: 2.24%
• 1M: -4.47%
• YTD: -6.61%
• 6M: 13.53%
• 1Y: 39.36%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CHPY

• 1D: 1.79%
• 1M: -1.93%
• YTD: 12.50%
• 6M: 22.79%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OZEM vs. CHPY - Expense Ratio Comparison

OZEM has a 0.59% expense ratio, which is lower than CHPY's 0.99% expense ratio.

CHPY

YieldMax Semiconductor Portfolio Option Income ETF

OZEM

Roundhill Glp-1 & Weight Loss ETF

Return for Risk

OZEM vs. CHPY — Risk / Return Rank

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

OZEM

OZEM Risk / Return Rank: 67
OZEM Sharpe Ratio Rank: 75
OZEM Sortino Ratio Rank: 76
OZEM Omega Ratio Rank: 65
OZEM Calmar Ratio Rank: 69
OZEM Martin Ratio Rank: 51

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.

OZEM vs. CHPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Glp-1 & Weight Loss ETF (OZEM) 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.

	OZEM	CHPY	Difference
Sharpe ratio Return per unit of total volatility	1.43	—	—
Sortino ratio Return per unit of downside risk	2.01	—	—
Omega ratio Gain probability vs. loss probability	1.25	—	—
Calmar ratio Return relative to maximum drawdown	1.91	—	—
Martin ratio Return relative to average drawdown	5.21	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	OZEM	CHPY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.43	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	2.59	-2.04

Correlation

The correlation between OZEM and CHPY is 0.33, 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

OZEM vs. CHPY - Dividend Comparison

OZEM's dividend yield for the trailing twelve months is around 1.28%, less than CHPY's 39.01% yield.

	TTM	2025	2024
OZEM Roundhill Glp-1 & Weight Loss ETF	1.28%	1.20%	0.22%
CHPY YieldMax Semiconductor Portfolio Option Income ETF	39.01%	28.19%	0.00%

Drawdowns

OZEM vs. CHPY - Drawdown Comparison

The maximum OZEM drawdown since its inception was -28.65%, which is greater than CHPY's maximum drawdown of -12.17%. Use the drawdown chart below to compare losses from any high point for OZEM and CHPY.

Drawdown Indicators

	OZEM	CHPY	Difference
Max Drawdown Largest peak-to-trough decline	-28.65%	-12.17%	-16.48%
Max Drawdown (1Y) Largest decline over 1 year	-19.11%	—	—
Current Drawdown Current decline from peak	-13.81%	-4.98%	-8.83%
Average Drawdown Average peak-to-trough decline	-8.31%	-2.16%	-6.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.98%	—	—

Volatility

Volatility by Period

	OZEM	CHPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.54%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.55%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	27.70%	32.72%	-5.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.39%	32.72%	-7.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.39%	32.72%	-7.33%