SOXQ vs. CHPY

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco PHLX Semiconductor ETF (SOXQ) and YieldMax Semiconductor Portfolio Option Income ETF (CHPY).

SOXQ and CHPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SOXQ is a passively managed fund by Invesco that tracks the performance of the PHLX Semiconductor Sector Index. It was launched on Jun 11, 2021. CHPY is an actively managed fund by YieldMax. It was launched on Apr 2, 2025.

Performance

SOXQ vs. CHPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco PHLX Semiconductor ETF (SOXQ) and YieldMax Semiconductor Portfolio Option Income ETF (CHPY). The values are adjusted to include any dividend payments, if applicable.

SOXQ vs. CHPY - Yearly Performance Comparison

	2026 (YTD)	2025
SOXQ Invesco PHLX Semiconductor ETF	10.26%	82.77%
CHPY YieldMax Semiconductor Portfolio Option Income ETF	12.50%	62.91%

Returns By Period

In the year-to-date period, SOXQ achieves a 10.26% return, which is significantly lower than CHPY's 12.50% return.

SOXQ

• 1D: 2.88%
• 1M: -4.05%
• YTD: 10.26%
• 6M: 20.31%
• 1Y: 83.12%
• 3Y*: 35.09%
• 5Y*: —
• 10Y*: —

CHPY

• 1D: 1.79%
• 1M: -1.93%
• YTD: 12.50%
• 6M: 22.79%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SOXQ vs. CHPY - Expense Ratio Comparison

SOXQ has a 0.19% expense ratio, which is lower than CHPY's 0.99% expense ratio.

CHPY

YieldMax Semiconductor Portfolio Option Income ETF

SOXQ

Invesco PHLX Semiconductor ETF

Return for Risk

SOXQ vs. CHPY — Risk / Return Rank

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

SOXQ

SOXQ Risk / Return Rank: 93
SOXQ Sharpe Ratio Rank: 91
SOXQ Sortino Ratio Rank: 91
SOXQ Omega Ratio Rank: 89
SOXQ Calmar Ratio Rank: 97
SOXQ 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.

SOXQ vs. CHPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco PHLX Semiconductor ETF (SOXQ) and YieldMax Semiconductor Portfolio Option Income ETF (CHPY). 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	CHPY	Difference
Sharpe ratio Return per unit of total volatility	2.08	—	—
Sortino ratio Return per unit of downside risk	2.68	—	—
Omega ratio Gain probability vs. loss probability	1.38	—	—
Calmar ratio Return relative to maximum drawdown	4.79	—	—
Martin ratio Return relative to average drawdown	17.49	—	—
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	CHPY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.08	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	2.59	-1.99

Correlation

The correlation between SOXQ and CHPY is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

SOXQ vs. CHPY - Dividend Comparison

SOXQ's dividend yield for the trailing twelve months is around 0.46%, less than CHPY's 39.01% yield.

	TTM	2025	2024	2023	2022	2021
SOXQ Invesco PHLX Semiconductor ETF	0.46%	0.50%	0.68%	0.87%	1.36%	0.72%
CHPY YieldMax Semiconductor Portfolio Option Income ETF	39.01%	28.19%	0.00%	0.00%	0.00%	0.00%

Drawdowns

SOXQ vs. CHPY - Drawdown Comparison

The maximum SOXQ drawdown since its inception was -46.01%, which is greater than CHPY's maximum drawdown of -12.17%. Use the drawdown chart below to compare losses from any high point for SOXQ and CHPY.

Drawdown Indicators

	SOXQ	CHPY	Difference
Max Drawdown Largest peak-to-trough decline	-46.01%	-12.17%	-33.84%
Max Drawdown (1Y) Largest decline over 1 year	-17.44%	—	—
Current Drawdown Current decline from peak	-7.78%	-4.98%	-2.80%
Average Drawdown Average peak-to-trough decline	-13.37%	-2.16%	-11.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.78%	—	—

Volatility

Volatility by Period

	SOXQ	CHPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.69%	—	—
Volatility (6M) Calculated over the trailing 6-month period	26.33%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	40.14%	32.72%	+7.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.10%	32.72%	+3.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.10%	32.72%	+3.38%