SOXQ vs. CHPX

Last updated Jun 4, 2026

SOXQ (Invesco PHLX Semiconductor ETF) and CHPX (Global X AI Semiconductor & Quantum ETF) are both Semiconductors funds - SOXQ tracks the PHLX Semiconductor Sector Index while CHPX tracks the Global X AI Semiconductor & Quantum Index. Both are passively managed. Their correlation of 0.91 suggests significant overlap in exposure. SOXQ charges 0.19%/yr vs 0.50%/yr for CHPX.

Performance

SOXQ vs. CHPX - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with SOXQ having a 96.72% return and CHPX slightly higher at 99.68%.

SOXQ

• 1D: 1.42%
• 1M: 32.12%
• YTD: 96.72%
• 6M: 91.61%
• 1Y: 181.76%
• 3Y*: 59.40%
• 5Y*: —
• 10Y*: —

CHPX

• 1D: -0.03%
• 1M: 34.93%
• YTD: 99.68%
• 6M: 95.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SOXQ vs. CHPX - Yearly Performance Comparison

	2026 (YTD)	2025
SOXQ Invesco PHLX Semiconductor ETF	96.72%	9.11%
CHPX Global X AI Semiconductor & Quantum ETF	99.68%	5.55%

Correlation

The correlation between SOXQ 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

SOXQ vs. CHPX — Risk / Return Rank

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

SOXQ

SOXQ Risk / Return Rank: 96
SOXQ Sharpe Ratio Rank: 98
SOXQ Sortino Ratio Rank: 95
SOXQ Omega Ratio Rank: 95
SOXQ Calmar Ratio Rank: 97
SOXQ 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.

SOXQ vs. CHPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco PHLX Semiconductor ETF (SOXQ) 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.

	SOXQ	CHPX	Difference
Sharpe ratio: Return per unit of total volatility	5.43	—	—
Sortino ratio: Return per unit of downside risk	5.22	—	—
Omega ratio: Gain probability vs. loss probability	1.72	—	—
Calmar ratio: Return relative to maximum drawdown	11.73	—	—
Martin ratio: Return relative to average drawdown	45.01	—	—
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

	SOXQ	CHPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	5.43	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.98	5.40	-4.42

Drawdowns

SOXQ vs. CHPX - Drawdown Comparison

The maximum SOXQ drawdown since its inception was -46.01%, which is greater than CHPX's maximum drawdown of -15.15%. Use the drawdown chart below to compare losses from any high point for SOXQ and CHPX.

Drawdown Indicators

	SOXQ	CHPX	Difference
Max Drawdown Largest peak-to-trough decline	-46.01%	-15.15%	-30.86%
Max Drawdown (1Y) Largest decline over 1 year	-15.59%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-39.36%	—	—
Current Drawdown Current decline from peak	0.00%	-0.03%	+0.03%
Average Drawdown Average peak-to-trough decline	-12.96%	-3.78%	-9.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.06%	—	—

Volatility

Volatility by Period

	SOXQ	CHPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.44%	—	—
Volatility (6M) Calculated over the trailing 6-month period	26.70%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	33.78%	38.29%	-4.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.38%	38.29%	-1.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.38%	38.29%	-1.91%

SOXQ vs. CHPX - Expense Ratio Comparison

SOXQ has a 0.19% expense ratio, which is lower than CHPX's 0.50% expense ratio.

Dividends

SOXQ vs. CHPX - Dividend Comparison

SOXQ's dividend yield for the trailing twelve months is around 0.26%, more than CHPX's 0.03% yield.

Position	TTM	2025	2024	2023	2022	2021
CHPX Global X AI Semiconductor & Quantum ETF	0.03%	0.06%	0.00%	0.00%	0.00%	0.00%
SOXQ Invesco PHLX Semiconductor ETF	0.26%	0.50%	0.68%	0.87%	1.36%	0.72%

Frequently Asked Questions

Can I hold both SOXQ and CHPX in my portfolio?

With a correlation of 0.91, SOXQ 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, SOXQ or CHPX?

On fees, SOXQ is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SOXQ or CHPX?

SOXQ is cheaper with a 0.19% expense ratio, compared with 0.50% for CHPX.

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

SOXQ has the higher dividend yield at 0.26%, compared with 0.03% for CHPX.

What is the main difference between SOXQ and CHPX?

SOXQ tracks PHLX Semiconductor Sector Index, while CHPX tracks Global X AI Semiconductor & Quantum Index. They also come from different issuers: Invesco and Global X. Their fees differ too: 0.19% for SOXQ and 0.50% for CHPX.