SEMI vs. CHPY

Last updated Jun 24, 2026

SEMI (Columbia Select Technology ETF) and CHPY (YieldMax Semiconductor Portfolio Option Income ETF) are both exchange-traded funds - SEMI is a Semiconductors fund actively managed by Columbia, while CHPY is a Derivative Income fund actively managed by YieldMax. Both are actively managed. Over the past year, SEMI returned 54.26% vs 134.57% for CHPY. Their correlation of 0.83 suggests significant overlap in exposure. SEMI charges 0.75%/yr vs 0.99%/yr for CHPY.

Performance

SEMI vs. CHPY - Performance Comparison

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

Returns By Period

In the year-to-date period, SEMI achieves a 26.33% return, which is significantly lower than CHPY's 82.68% return.

SEMI

• 1D: -4.96%
• 1M: 3.03%
• YTD: 26.33%
• 6M: 25.43%
• 1Y: 54.26%
• 3Y*: 28.16%
• 5Y*: —
• 10Y*: —

CHPY

• 1D: -6.97%
• 1M: 10.89%
• YTD: 82.68%
• 6M: 81.99%
• 1Y: 134.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SEMI vs. CHPY - Yearly Performance Comparison

	2026 (YTD)	2025
SEMI Columbia Select Technology ETF	26.33%	42.87%
CHPY YieldMax Semiconductor Portfolio Option Income ETF	82.68%	56.76%

Correlation

The correlation between SEMI and CHPY is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (All Time) Calculated using the full available price history since Apr 3, 2025	0.83

The correlation between SEMI and CHPY has been stable across timeframes, ranging from 0.82 to 0.83 - a consistent structural relationship.

Return for Risk

SEMI vs. CHPY — Risk / Return Rank

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

SEMI

SEMI Risk / Return Rank: 70
SEMI Sharpe Ratio Rank: 71
SEMI Sortino Ratio Rank: 60
SEMI Omega Ratio Rank: 64
SEMI Calmar Ratio Rank: 77
SEMI Martin Ratio Rank: 75

CHPY

CHPY Risk / Return Rank: 95
CHPY Sharpe Ratio Rank: 96
CHPY Sortino Ratio Rank: 93
CHPY Omega Ratio Rank: 94
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.

SEMI vs. CHPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Select Technology ETF (SEMI) 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.

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.

	SEMI	CHPY	Difference
Sharpe ratio: Return per unit of total volatility	2.19	4.16	-1.97
Sortino ratio: Return per unit of downside risk	2.72	4.30	-1.58
Omega ratio: Gain probability vs. loss probability	1.37	1.64	-0.27
Calmar ratio: Return relative to maximum drawdown	3.78	11.13	-7.34
Martin ratio: Return relative to average drawdown	13.59	39.19	-25.61

SEMI vs. CHPY - Sharpe Ratio Comparison

The current SEMI Sharpe Ratio is 2.19, which is lower than the CHPY Sharpe Ratio of 4.16. The chart below compares the historical Sharpe Ratios of SEMI and CHPY, 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

SEMI vs. CHPY - Drawdown Comparison

The maximum SEMI drawdown since its inception was -33.46%, which is greater than CHPY's maximum drawdown of -12.19%. Use the drawdown chart below to compare losses from any high point for SEMI and CHPY.

Drawdown Indicators

	SEMI	CHPY	Difference
Max Drawdown Largest peak-to-trough decline	-33.46%	-12.19%	-21.27%
Max Drawdown (1Y) Largest decline over 1 year	-14.41%	-12.17%	-2.24%
Max Drawdown (3Y) Largest decline over 3 years	-32.93%	—	—
Current Drawdown Current decline from peak	-4.96%	-6.97%	+2.01%
Average Drawdown Average peak-to-trough decline	-9.86%	-2.14%	-7.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.01%	3.45%	+0.56%

Volatility

SEMI vs. CHPY - Volatility Comparison

The current volatility for Columbia Select Technology ETF (SEMI) is 12.90%, while YieldMax Semiconductor Portfolio Option Income ETF (CHPY) has a volatility of 19.72%. This indicates that SEMI experiences smaller price fluctuations and is considered to be less risky than CHPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SEMI	CHPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.90%	19.72%	-6.82%
Volatility (6M) Calculated over the trailing 6-month period	20.53%	27.95%	-7.42%
Volatility (1Y) Calculated over the trailing 1-year period	24.91%	32.57%	-7.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.93%	36.37%	-4.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.93%	36.37%	-4.44%

SEMI vs. CHPY - Expense Ratio Comparison

SEMI has a 0.75% expense ratio, which is lower than CHPY's 0.99% expense ratio.

Dividends

SEMI vs. CHPY - Dividend Comparison

SEMI's dividend yield for the trailing twelve months is around 3.55%, less than CHPY's 29.64% yield.

Position	TTM	2025	2024	2023	2022
CHPY YieldMax Semiconductor Portfolio Option Income ETF	29.64%	28.19%	0.00%	0.00%	0.00%
SEMI Columbia Select Technology ETF	3.55%	4.48%	0.96%	0.87%	0.67%

Frequently Asked Questions

Can I hold both SEMI and CHPY in my portfolio?

SEMI and CHPY have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SEMI or CHPY?

CHPY has higher volatility (19.72%) compared to SEMI (12.90%). In terms of maximum drawdown, SEMI dropped -33.46% vs CHPY's -12.19%.

Which ETF is better, SEMI or CHPY?

On 1-year performance, CHPY leads with 134.57% vs 54.26% for SEMI. On fees, SEMI is cheaper at 0.75% per year. On volatility, SEMI has been the lower-risk option at 12.90%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SEMI or CHPY?

Over the 1-year period, CHPY has performed better with a 134.57% return vs 54.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SEMI or CHPY?

SEMI is cheaper with a 0.75% expense ratio, compared with 0.99% for CHPY.

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

CHPY has the higher dividend yield at 29.64%, compared with 3.55% for SEMI.

What is the main difference between SEMI and CHPY?

SEMI is categorized as Semiconductors, while CHPY is Derivative Income. They also come from different issuers: Columbia and YieldMax. Their fees differ too: 0.75% for SEMI and 0.99% for CHPY.

Which has better risk-adjusted returns?

CHPY currently has the higher Sharpe Ratio (4.16 vs 2.19), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.