RACK vs. CHPS

Last updated Jun 5, 2026

RACK (VanEck Data Center Supply Chain ETF) and CHPS (Xtrackers Semiconductor Select Equity ETF) are both exchange-traded funds - RACK is a Technology Equities fund tracking the MarketVector Data Center Supply Chain Index, while CHPS is a Semiconductors fund tracking the Solactive Semiconductor ESG Screened Index - Benchmark TR Gross. Both are passively managed. With a 1.00 correlation, they move nearly in lockstep. RACK charges 0.50%/yr vs 0.15%/yr for CHPS.

Performance

RACK vs. CHPS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Data Center Supply Chain ETF (RACK) and Xtrackers Semiconductor Select Equity ETF (CHPS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RACK

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

CHPS

• 1D: -2.06%
• 1M: 23.46%
• YTD: 103.69%
• 6M: 107.58%
• 1Y: 211.40%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RACK vs. CHPS - Yearly Performance Comparison

	2026 (YTD)
RACK VanEck Data Center Supply Chain ETF	-2.16%
CHPS Xtrackers Semiconductor Select Equity ETF	-0.23%

Correlation

The correlation between RACK and CHPS is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 3, 2026	1.00

Return for Risk

RACK vs. CHPS — Risk / Return Rank

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

CHPS

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

RACK vs. CHPS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Data Center Supply Chain ETF (RACK) and Xtrackers Semiconductor Select Equity ETF (CHPS). 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

	RACK	CHPS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	6.17	—
Sharpe Ratio (All Time) Calculated using the full available price history	-5.75	1.77	-7.52

Drawdowns

RACK vs. CHPS - Drawdown Comparison

The maximum RACK drawdown since its inception was -2.16%, smaller than the maximum CHPS drawdown of -39.44%. Use the drawdown chart below to compare losses from any high point for RACK and CHPS.

Drawdown Indicators

	RACK	CHPS	Difference
Max Drawdown Largest peak-to-trough decline	-2.16%	-39.44%	+37.28%
Max Drawdown (1Y) Largest decline over 1 year	—	-17.50%	—
Current Drawdown Current decline from peak	-2.16%	-2.06%	-0.10%
Average Drawdown Average peak-to-trough decline	-1.11%	-9.15%	+8.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.50%	—

Volatility

Volatility by Period

	RACK	CHPS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	14.07%	—
Volatility (6M) Calculated over the trailing 6-month period	—	28.29%	—
Volatility (1Y) Calculated over the trailing 1-year period	23.03%	34.50%	-11.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.03%	33.78%	-10.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.03%	33.78%	-10.75%

RACK vs. CHPS - Expense Ratio Comparison

RACK has a 0.50% expense ratio, which is higher than CHPS's 0.15% expense ratio.

Dividends

RACK vs. CHPS - Dividend Comparison

RACK has not paid dividends to shareholders, while CHPS's dividend yield for the trailing twelve months is around 0.33%.

Position	TTM	2025	2024	2023
CHPS Xtrackers Semiconductor Select Equity ETF	0.33%	0.68%	1.75%	0.36%
RACK VanEck Data Center Supply Chain ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RACK and CHPS in my portfolio?

With a correlation of 1.00, RACK and CHPS move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, RACK or CHPS?

On fees, CHPS is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RACK or CHPS?

CHPS is cheaper with a 0.15% expense ratio, compared with 0.50% for RACK.

Which ETF pays a higher dividend yield, RACK or CHPS?

CHPS has the higher dividend yield at 0.33%, compared with 0.00% for RACK.

What is the main difference between RACK and CHPS?

RACK is categorized as Technology Equities, while CHPS is Semiconductors. RACK tracks MarketVector Data Center Supply Chain Index, while CHPS tracks Solactive Semiconductor ESG Screened Index - Benchmark TR Gross. They also come from different issuers: VanEck and Xtrackers. Their fees differ too: 0.50% for RACK and 0.15% for CHPS.