SHOC vs. CHPX

Last updated Jul 14, 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 while CHPX tracks the Global X AI Semiconductor & Quantum Index. Both are passively managed. Their correlation of 0.93 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 58.16% return, which is significantly lower than CHPX's 73.85% return.

SHOC

• 1D: -4.19%
• 1M: -5.59%
• 6M: 46.76%
• YTD: 58.16%
• 1Y: 98.76%
• 3Y*: 45.84%
• 5Y*: —
• 10Y*: —

CHPX

• 1D: -4.77%
• 1M: -5.97%
• 6M: 61.64%
• YTD: 73.85%
• 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	58.16%	9.91%
CHPX Global X AI Semiconductor & Quantum ETF	73.85%	6.91%

Correlation

The correlation between SHOC and CHPX 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 (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 risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SHOC

SHOC Risk / Return Rank: 90
SHOC Sharpe Ratio Rank: 93
SHOC Sortino Ratio Rank: 83
SHOC Omega Ratio Rank: 84
SHOC Calmar Ratio Rank: 96
SHOC Martin Ratio Rank: 94

CHPX

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

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.

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	2.62	—	—
Sortino ratio: Return per unit of downside risk	2.92	—	—
Omega ratio: Gain probability vs. loss probability	1.40	—	—
Calmar ratio: Return relative to maximum drawdown	6.81	—	—
Martin ratio: Return relative to average drawdown	21.14	—	—

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	-12.95%	-14.33%	+1.38%
Average Drawdown Average peak-to-trough decline	-7.46%	-4.35%	-3.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.69%	—	—

Volatility

Volatility by Period

	SHOC	CHPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.43%	—	—
Volatility (6M) Calculated over the trailing 6-month period	31.80%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	37.94%	43.72%	-5.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.46%	43.72%	-7.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.46%	43.72%	-7.26%

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 0.13%, 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	0.13%	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 0.13%, compared with 0.03% for CHPX.

What is the main difference between SHOC and CHPX?

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.