SHOC vs. CHPS

Last updated Jun 4, 2026

SHOC (Strive U.S. Semiconductor ETF) and CHPS (Xtrackers Semiconductor Select Equity ETF) are both Semiconductors funds - SHOC tracks the Bloomberg US Listed Semiconductors Select Index - Benchmark TR Gross while CHPS tracks the Solactive Semiconductor ESG Screened Index - Benchmark TR Gross. Both are passively managed. Over the past year, SHOC returned 149.45% vs 223.67% for CHPS. Their correlation of 0.94 suggests significant overlap in exposure. SHOC charges 0.40%/yr vs 0.15%/yr for CHPS.

Performance

SHOC vs. CHPS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strive U.S. Semiconductor ETF (SHOC) and Xtrackers Semiconductor Select Equity ETF (CHPS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SHOC achieves a 73.38% return, which is significantly lower than CHPS's 107.97% return.

SHOC

• 1D: 0.94%
• 1M: 25.12%
• YTD: 73.38%
• 6M: 70.44%
• 1Y: 149.45%
• 3Y*: 53.55%
• 5Y*: —
• 10Y*: —

CHPS

• 1D: 1.86%
• 1M: 32.32%
• YTD: 107.97%
• 6M: 109.04%
• 1Y: 223.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SHOC vs. CHPS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SHOC Strive U.S. Semiconductor ETF	73.38%	49.91%	16.74%	10.52%
CHPS Xtrackers Semiconductor Select Equity ETF	107.97%	58.47%	7.75%	10.88%

Correlation

The correlation between SHOC and CHPS is 0.93, 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	0.93
Correlation (All Time) Calculated using the full available price history since Jul 14, 2023	0.94

The correlation between SHOC and CHPS has been stable across timeframes, ranging from 0.93 to 0.94 - a consistent structural relationship.

SHOC vs. CHPS - Sectors Allocation Comparison

Sectors	SHOC	CHPS
Technology	100.0%	98.8%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	0.5%
Financial Services	-	0.2%
Healthcare	-	-
Industrials	-	0.4%
Real Estate	-	-
Utilities	-	-

Return for Risk

SHOC vs. CHPS — Risk / Return Rank

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

SHOC

SHOC Risk / Return Rank: 95
SHOC Sharpe Ratio Rank: 97
SHOC Sortino Ratio Rank: 94
SHOC Omega Ratio Rank: 93
SHOC Calmar Ratio Rank: 97
SHOC Martin Ratio Rank: 96

CHPS

CHPS Risk / Return Rank: 97
CHPS Sharpe Ratio Rank: 99
CHPS Sortino Ratio Rank: 97
CHPS Omega Ratio Rank: 96
CHPS Calmar Ratio Rank: 98
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.

SHOC vs. CHPS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strive U.S. Semiconductor ETF (SHOC) 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.

	SHOC	CHPS	Difference
Sharpe ratio: Return per unit of total volatility	4.78	6.54	-1.76
Sortino ratio: Return per unit of downside risk	4.84	6.07	-1.22
Omega ratio: Gain probability vs. loss probability	1.66	1.81	-0.15
Calmar ratio: Return relative to maximum drawdown	10.30	12.87	-2.57
Martin ratio: Return relative to average drawdown	38.30	49.99	-11.69
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SHOC vs. CHPS - Sharpe Ratio Comparison

The current SHOC Sharpe Ratio is 4.78, which is comparable to the CHPS Sharpe Ratio of 6.54. The chart below compares the historical Sharpe Ratios of SHOC and CHPS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SHOC	CHPS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.78	6.54	-1.76
Sharpe Ratio (All Time) Calculated using the full available price history	1.55	1.81	-0.26

Drawdowns

SHOC vs. CHPS - Drawdown Comparison

The maximum SHOC drawdown since its inception was -37.54%, roughly equal to the maximum CHPS drawdown of -39.44%. Use the drawdown chart below to compare losses from any high point for SHOC and CHPS.

Drawdown Indicators

	SHOC	CHPS	Difference
Max Drawdown Largest peak-to-trough decline	-37.54%	-39.44%	+1.90%
Max Drawdown (1Y) Largest decline over 1 year	-14.59%	-17.50%	+2.91%
Max Drawdown (3Y) Largest decline over 3 years	-37.54%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-7.47%	-9.16%	+1.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.92%	4.50%	-0.58%

Volatility

SHOC vs. CHPS - Volatility Comparison

The current volatility for Strive U.S. Semiconductor ETF (SHOC) is 11.47%, while Xtrackers Semiconductor Select Equity ETF (CHPS) has a volatility of 14.18%. This indicates that SHOC experiences smaller price fluctuations and is considered to be less risky than CHPS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SHOC	CHPS	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.47%	14.18%	-2.71%
Volatility (6M) Calculated over the trailing 6-month period	24.61%	28.19%	-3.58%
Volatility (1Y) Calculated over the trailing 1-year period	31.53%	34.43%	-2.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.16%	33.78%	+1.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.16%	33.78%	+1.38%

SHOC vs. CHPS - Expense Ratio Comparison

SHOC has a 0.40% expense ratio, which is higher than CHPS's 0.15% expense ratio.

Dividends

SHOC vs. CHPS - Dividend Comparison

SHOC's dividend yield for the trailing twelve months is around 0.14%, less than CHPS's 0.32% yield.

Position	TTM	2025	2024	2023	2022
CHPS Xtrackers Semiconductor Select Equity ETF	0.32%	0.68%	1.75%	0.36%	0.00%
SHOC Strive U.S. Semiconductor ETF	0.14%	0.23%	0.35%	0.65%	0.24%

Frequently Asked Questions

Can I hold both SHOC and CHPS in my portfolio?

With a correlation of 0.93, SHOC 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 is riskier, SHOC or CHPS?

CHPS has higher volatility (14.18%) compared to SHOC (11.47%). In terms of maximum drawdown, SHOC dropped -37.54% vs CHPS's -39.44%.

Which ETF is better, SHOC or CHPS?

On 1-year performance, CHPS leads with 223.67% vs 149.45% for SHOC. On fees, CHPS is cheaper at 0.15% per year. On volatility, SHOC has been the lower-risk option at 11.47%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SHOC or CHPS?

Over the 1-year period, CHPS has performed better with a 223.67% return vs 149.45%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SHOC or CHPS?

CHPS is cheaper with a 0.15% expense ratio, compared with 0.40% for SHOC.

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

CHPS has the higher dividend yield at 0.32%, compared with 0.14% for SHOC.

What is the main difference between SHOC and CHPS?

SHOC tracks Bloomberg US Listed Semiconductors Select Index - Benchmark TR Gross, while CHPS tracks Solactive Semiconductor ESG Screened Index - Benchmark TR Gross. They also come from different issuers: Strive and Xtrackers. Their fees differ too: 0.40% for SHOC and 0.15% for CHPS.

Which has better risk-adjusted returns?

CHPS currently has the higher Sharpe Ratio (6.54 vs 4.78), 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.