REIT.TO vs. CHPS.TO

Last updated Jul 6, 2026

REIT.TO (Global X Equal Weight Canadian REITs Index ETF) and CHPS.TO (Global X Artificial Intelligence Semiconductor Index ETF) are both exchange-traded funds - REIT.TO is a REIT fund tracking the Mirae Asset Equal Weight Canadian REITs Index, while CHPS.TO is a Semiconductors fund tracking the PHLX US AI Semiconductor Index. Both are passively managed. Over the past year, REIT.TO returned 20.88% vs 103.05% for CHPS.TO. At a 0.10 correlation, their price movements are largely independent.

Performance

REIT.TO vs. CHPS.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Equal Weight Canadian REITs Index ETF (REIT.TO) and Global X Artificial Intelligence Semiconductor Index ETF (CHPS.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, REIT.TO achieves a 15.70% return, which is significantly lower than CHPS.TO's 61.37% return.

REIT.TO

• 1D: 0.04%
• 1M: 4.69%
• 6M: 15.92%
• YTD: 15.70%
• 1Y: 20.88%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CHPS.TO

• 1D: 2.80%
• 1M: 8.09%
• 6M: 55.44%
• YTD: 61.37%
• 1Y: 103.05%
• 3Y*: 48.03%
• 5Y*: 28.58%
• 10Y*: —

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

REIT.TO vs. CHPS.TO - Yearly Performance Comparison

	2026 (YTD)	2025
REIT.TO Global X Equal Weight Canadian REITs Index ETF	15.70%	12.44%
CHPS.TO Global X Artificial Intelligence Semiconductor Index ETF	61.37%	66.58%

Correlation

The correlation between REIT.TO and CHPS.TO is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (All Time) Calculated using the full available price history since Apr 30, 2025	0.10

Return for Risk

REIT.TO vs. CHPS.TO — Risk / Return Rank

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

REIT.TO

REIT.TO Risk / Return Rank: 63
REIT.TO Sharpe Ratio Rank: 60
REIT.TO Sortino Ratio Rank: 64
REIT.TO Omega Ratio Rank: 60
REIT.TO Calmar Ratio Rank: 71
REIT.TO Martin Ratio Rank: 59

CHPS.TO

CHPS.TO Risk / Return Rank: 91
CHPS.TO Sharpe Ratio Rank: 94
CHPS.TO Sortino Ratio Rank: 84
CHPS.TO Omega Ratio Rank: 87
CHPS.TO Calmar Ratio Rank: 96
CHPS.TO Martin Ratio Rank: 94

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.

REIT.TO vs. CHPS.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Equal Weight Canadian REITs Index ETF (REIT.TO) and Global X Artificial Intelligence Semiconductor Index ETF (CHPS.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.

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.

	REIT.TO	CHPS.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.65	2.82	-1.17
Sortino ratio: Return per unit of downside risk	2.45	3.08	-0.64
Omega ratio: Gain probability vs. loss probability	1.30	1.44	-0.14
Calmar ratio: Return relative to maximum drawdown	2.92	7.89	-4.98
Martin ratio: Return relative to average drawdown	8.61	22.27	-13.66

REIT.TO vs. CHPS.TO - Sharpe Ratio Comparison

The current REIT.TO Sharpe Ratio is 1.65, which is lower than the CHPS.TO Sharpe Ratio of 2.82. The chart below compares the historical Sharpe Ratios of REIT.TO and CHPS.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

REIT.TO vs. CHPS.TO - Drawdown Comparison

The maximum REIT.TO drawdown since its inception was -7.19%, smaller than the maximum CHPS.TO drawdown of -48.16%. Use the drawdown chart below to compare losses from any high point for REIT.TO and CHPS.TO.

Drawdown Indicators

	REIT.TO	CHPS.TO	Difference
Max Drawdown Largest peak-to-trough decline	-7.19%	-48.16%	+40.97%
Max Drawdown (1Y) Largest decline over 1 year	-7.19%	-13.35%	+6.16%
Max Drawdown (3Y) Largest decline over 3 years	—	-37.49%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-48.16%	—
Current Drawdown Current decline from peak	0.00%	-7.26%	+7.26%
Average Drawdown Average peak-to-trough decline	-1.59%	-13.77%	+12.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.43%	4.69%	-2.26%

Volatility

REIT.TO vs. CHPS.TO - Volatility Comparison

The current volatility for Global X Equal Weight Canadian REITs Index ETF (REIT.TO) is 2.51%, while Global X Artificial Intelligence Semiconductor Index ETF (CHPS.TO) has a volatility of 21.02%. This indicates that REIT.TO experiences smaller price fluctuations and is considered to be less risky than CHPS.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	REIT.TO	CHPS.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.51%	21.02%	-18.51%
Volatility (6M) Calculated over the trailing 6-month period	9.74%	31.33%	-21.59%
Volatility (1Y) Calculated over the trailing 1-year period	12.74%	37.37%	-24.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.85%	35.16%	-22.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.85%	35.06%	-22.21%

Dividends

REIT.TO vs. CHPS.TO - Dividend Comparison

REIT.TO's dividend yield for the trailing twelve months is around 4.22%, more than CHPS.TO's 0.01% yield.

Position	TTM	2025	2024	2023	2022	2021
CHPS.TO Global X Artificial Intelligence Semiconductor Index ETF	0.01%	0.01%	0.20%	0.53%	0.97%	0.01%
REIT.TO Global X Equal Weight Canadian REITs Index ETF	4.22%	3.20%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both REIT.TO and CHPS.TO in my portfolio?

REIT.TO and CHPS.TO have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between REIT.TO and CHPS.TO?

REIT.TO is categorized as REIT, while CHPS.TO is Semiconductors. REIT.TO tracks Mirae Asset Equal Weight Canadian REITs Index, while CHPS.TO tracks PHLX US AI Semiconductor Index.