SHOC vs. CHPX

Last updated Jun 5, 2026

SHOC (Strive U.S. Semiconductor ETF) and CHPX (Global X AI Semiconductor & Quantum ETF) are both Semiconductors funds - SHOC tracks the Bloomberg US Listed Semiconductors Select Index - Benchmark TR Gross while CHPX tracks the Global X AI Semiconductor & Quantum Index. Both are passively managed. Their correlation of 0.91 suggests significant overlap in exposure. SHOC charges 0.40%/yr vs 0.50%/yr for CHPX.

Performance

SHOC vs. CHPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strive U.S. Semiconductor ETF (SHOC) and Global X AI Semiconductor & Quantum ETF (CHPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SHOC achieves a 69.49% return, which is significantly lower than CHPX's 94.06% return.

SHOC

• 1D: -2.24%
• 1M: 18.27%
• YTD: 69.49%
• 6M: 67.38%
• 1Y: 141.70%
• 3Y*: 53.23%
• 5Y*: —
• 10Y*: —

CHPX

• 1D: -2.82%
• 1M: 25.89%
• YTD: 94.06%
• 6M: 90.64%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SHOC vs. CHPX - Yearly Performance Comparison

	2026 (YTD)	2025
SHOC Strive U.S. Semiconductor ETF	69.49%	7.63%
CHPX Global X AI Semiconductor & Quantum ETF	94.06%	5.55%

Correlation

The correlation between SHOC and CHPX is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 2, 2025	0.91

Return for Risk

SHOC vs. CHPX — 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: 93
SHOC Omega Ratio Rank: 93
SHOC Calmar Ratio Rank: 96
SHOC Martin Ratio Rank: 96

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. CHPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strive U.S. Semiconductor ETF (SHOC) and Global X AI Semiconductor & Quantum ETF (CHPX). 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	CHPX	Difference
Sharpe ratio: Return per unit of total volatility	4.52	—	—
Sortino ratio: Return per unit of downside risk	4.65	—	—
Omega ratio: Gain probability vs. loss probability	1.63	—	—
Calmar ratio: Return relative to maximum drawdown	9.77	—	—
Martin ratio: Return relative to average drawdown	36.29	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SHOC	CHPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.52	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.52	5.00	-3.48

Drawdowns

SHOC vs. CHPX - Drawdown Comparison

The maximum SHOC drawdown since its inception was -37.54%, which is greater than CHPX's maximum drawdown of -15.15%. Use the drawdown chart below to compare losses from any high point for SHOC and CHPX.

Drawdown Indicators

	SHOC	CHPX	Difference
Max Drawdown Largest peak-to-trough decline	-37.54%	-15.15%	-22.39%
Max Drawdown (1Y) Largest decline over 1 year	-14.59%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-37.54%	—	—
Current Drawdown Current decline from peak	-2.24%	-2.84%	+0.60%
Average Drawdown Average peak-to-trough decline	-7.46%	-3.77%	-3.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.92%	—	—

Volatility

Volatility by Period

	SHOC	CHPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.67%	—	—
Volatility (6M) Calculated over the trailing 6-month period	24.73%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	31.56%	38.38%	-6.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.17%	38.38%	-3.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.17%	38.38%	-3.21%

SHOC vs. CHPX - Expense Ratio Comparison

SHOC has a 0.40% expense ratio, which is lower than CHPX's 0.50% expense ratio.

Dividends

SHOC vs. CHPX - Dividend Comparison

SHOC's dividend yield for the trailing twelve months is around 0.14%, more than CHPX's 0.03% yield.

Position	TTM	2025	2024	2023	2022
CHPX Global X AI Semiconductor & Quantum ETF	0.03%	0.06%	0.00%	0.00%	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 CHPX in my portfolio?

With a correlation of 0.91, SHOC and CHPX 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, SHOC or CHPX?

On fees, SHOC is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SHOC or CHPX?

SHOC is cheaper with a 0.40% expense ratio, compared with 0.50% for CHPX.

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

SHOC has the higher dividend yield at 0.14%, compared with 0.03% for CHPX.

What is the main difference between SHOC and CHPX?

SHOC tracks Bloomberg US Listed Semiconductors Select Index - Benchmark TR Gross, while CHPX tracks Global X AI Semiconductor & Quantum Index. They also come from different issuers: Strive and Global X. Their fees differ too: 0.40% for SHOC and 0.50% for CHPX.