SHOC vs. CHPX

Last updated Aug 2, 2026

SHOC (Strive U.S. Semiconductor ETF) and CHPX (Global X AI Semiconductor & Quantum ETF) are both exchange-traded funds - SHOC is a Semiconductors fund tracking the Bloomberg US Listed Semiconductors Select Index, while CHPX is a Artificial Intelligence fund tracking the Global X AI Semiconductor & Quantum Index. Both are passively managed. Their correlation of 0.93 means they have usually moved in the same direction. 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 46.90% return, which is significantly lower than CHPX's 60.49% return.

SHOC

• 1D: 0.16%
• 1M: -7.69%
• 6M: 32.26%
• YTD: 46.90%
• 1Y: 85.23%
• 3Y*: 40.54%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 44.63%

CHPX

• 1D: 0.65%
• 1M: -8.69%
• 6M: 45.81%
• YTD: 60.49%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CHPX Global X AI Semiconductor & Quantum ETF	$4.80M	$5.31M	$11.57M
SHOC Strive U.S. Semiconductor ETF	$1.25M	$1.87M	$2.57M

SHOC vs. CHPX - Yearly Performance Comparison

	2026 (YTD)	2025
SHOC Strive U.S. Semiconductor ETF	46.90%	9.91%
CHPX Global X AI Semiconductor & Quantum ETF	60.49%	6.91%

Correlation

The correlation between SHOC and CHPX is 0.93, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025	0.93

Return for Risk

SHOC vs. CHPX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SHOC

SHOC Risk / Return Rank: 84
SHOC Sharpe Ratio Rank: 87
SHOC Sortino Ratio Rank: 78
SHOC Omega Ratio Rank: 79
SHOC Calmar Ratio Rank: 86
SHOC Martin Ratio Rank: 89

CHPX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

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.

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.

	SHOC	CHPX	Difference
Sharpe ratio: Return per unit of total volatility	2.07	—	—
Sortino ratio: Return per unit of downside risk	2.50	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	3.29	—	—
Martin ratio: Return relative to average drawdown	13.55	—	—

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 -27.10%. 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%	-27.10%	-10.44%
Max Drawdown (1Y) Largest decline over 1 year	-25.20%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-37.54%	—	—
Current Drawdown Current decline from peak	-19.15%	-20.92%	+1.77%
Average Drawdown Average peak-to-trough decline	-7.59%	-5.30%	-2.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.11%	—	—

Volatility

Volatility by Period

	SHOC	CHPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.48%	—	—
Volatility (6M) Calculated over the trailing 6-month period	34.09%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	40.12%	44.96%	-4.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.87%	44.96%	-8.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.87%	44.96%	-8.09%

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 0.04% yield.

Position	TTM	2025	2024	2023	2022
CHPX Global X AI Semiconductor & Quantum ETF	0.04%	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 0.93, 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 0.04% for CHPX.

What is the main difference between SHOC and CHPX?

SHOC is categorized as Semiconductors, while CHPX is Artificial Intelligence. SHOC tracks Bloomberg US Listed Semiconductors Select Index, 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.