QMVP.TO vs. CHPS-U.TO

Last updated Apr 2, 2026

Compare and contrast key facts about Hamilton Champions U.S. Technology Index ETF (QMVP.TO) and Global X Artificial Intelligence Semiconductor Index ETF (CHPS-U.TO).

QMVP.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. QMVP.TO is a passively managed fund by Hamilton that tracks the performance of the Solactive Hamilton Champions U.S. Technology Index. It was launched on Jan 20, 2026. 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 QMVP.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

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

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

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

	2026 (YTD)
QMVP.TO Hamilton Champions U.S. Technology Index ETF	-6.64%
CHPS-U.TO Global X Artificial Intelligence Semiconductor Index ETF	-0.19%

Different Trading Currencies

QMVP.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

QMVP.TO

• 1D: 1.47%
• 1M: -1.55%
• YTD: —
• 6M: —
• 1Y: —
• 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)

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

QMVP.TO has a 0.19% expense ratio, which is lower than CHPS-U.TO's 0.63% expense ratio.

CHPS-U.TO

Global X Artificial Intelligence Semiconductor Index ETF

QMVP.TO

Hamilton Champions U.S. Technology Index ETF

Return for Risk

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

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

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.

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

This table presents a comparison of risk-adjusted performance metrics for Hamilton Champions U.S. Technology Index ETF (QMVP.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.

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

Sharpe Ratios by Period

	QMVP.TO	CHPS-U.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.08	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.33	0.40	-1.73

Correlation

The correlation between QMVP.TO and CHPS-U.TO is 0.06, 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

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

QMVP.TO's dividend yield for the trailing twelve months is around 0.13%, more than CHPS-U.TO's 0.01% yield.

	TTM	2025	2024	2023	2022	2021
QMVP.TO Hamilton Champions U.S. Technology Index ETF	0.13%	0.00%	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

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

The maximum QMVP.TO drawdown since its inception was -12.77%, smaller than the maximum CHPS-U.TO drawdown of -48.89%. Use the drawdown chart below to compare losses from any high point for QMVP.TO and CHPS-U.TO.

Drawdown Indicators

	QMVP.TO	CHPS-U.TO	Difference
Max Drawdown Largest peak-to-trough decline	-12.77%	-53.70%	+40.93%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.07%	—
Current Drawdown Current decline from peak	-8.10%	-5.59%	-2.51%
Average Drawdown Average peak-to-trough decline	-6.31%	-18.17%	+11.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.46%	—

Volatility

Volatility by Period

	QMVP.TO	CHPS-U.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	15.06%	—
Volatility (6M) Calculated over the trailing 6-month period	—	27.65%	—
Volatility (1Y) Calculated over the trailing 1-year period	22.65%	38.97%	-16.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.65%	38.58%	-15.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.65%	38.58%	-15.93%