PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
SPXU.TO vs. CHPS.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SPXU.TO vs. CHPS.TO

Last updated Jul 1, 2026
See Documentation

SPXU.TO (BetaPro S&P 500 2x Daily Bull ETF) and CHPS.TO (Global X Artificial Intelligence Semiconductor Index ETF) are both exchange-traded funds - SPXU.TO is a Leveraged Equities fund actively managed by Global X, while CHPS.TO is a Semiconductors fund tracking the PHLX US AI Semiconductor Index. SPXU.TO is actively managed, while CHPS.TO is passively managed. Over the past 5 years, SPXU.TO returned 15.50%/yr vs 30.44%/yr for CHPS.TO. A 0.76 correlation means they provide meaningful diversification when combined.

Performance

SPXU.TO vs. CHPS.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in BetaPro S&P 500 2x Daily Bull ETF (SPXU.TO) and Global X Artificial Intelligence Semiconductor Index ETF (CHPS.TO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, SPXU.TO achieves a 15.21% return, which is significantly lower than CHPS.TO's 74.01% return.

SPXU.TO

1D
1.52%
1M
-2.98%
YTD
15.21%
6M
13.36%
1Y
34.85%
3Y*
30.13%
5Y*
15.50%
10Y*
29.91%

CHPS.TO

1D
4.14%
1M
13.32%
YTD
74.01%
6M
73.30%
1Y
120.10%
3Y*
51.80%
5Y*
30.44%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

SPXU.TO vs. CHPS.TO - Yearly Performance Comparison

2026 (YTD)20252024202320222021
SPXU.TO
BetaPro S&P 500 2x Daily Bull ETF		15.21%22.49%40.87%43.60%-40.81%25.90%
CHPS.TO
Global X Artificial Intelligence Semiconductor Index ETF		74.01%45.93%20.38%68.20%-37.86%23.13%

Correlation

The correlation between SPXU.TO and CHPS.TO is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.72

Correlation (3Y)
Calculated over the trailing 3-year period

0.74

Correlation (5Y)
Calculated over the trailing 5-year period

0.76

Correlation (All Time)
Calculated using the full available price history since Jun 22, 2021

0.76

The correlation between SPXU.TO and CHPS.TO has been stable across timeframes, ranging from 0.72 to 0.76 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

BetaPro S&P 500 2x Daily Bull ETF

Global X Artificial Intelligence Semiconductor Index ETF

Often compared with CHPS.TO:
CHPS.TO vs. SMHCHPS.TO vs. XCHP.TOCHPS.TO vs. CHPS-U.TOCHPS.TO vs. CHPSCHPS.TO vs. XEQT.TOCHPS.TO vs. CIAI.TOCHPS.TO vs. QQC.TO

Return for Risk

SPXU.TO vs. CHPS.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SPXU.TO
SPXU.TO Risk / Return Rank: 4545
Overall Rank
SPXU.TO Sharpe Ratio Rank: 4646
Sharpe Ratio Rank
SPXU.TO Sortino Ratio Rank: 4343
Sortino Ratio Rank
SPXU.TO Omega Ratio Rank: 4343
Omega Ratio Rank
SPXU.TO Calmar Ratio Rank: 4343
Calmar Ratio Rank
SPXU.TO Martin Ratio Rank: 5252
Martin Ratio Rank
CHPS.TO
CHPS.TO Risk / Return Rank: 9494
Overall Rank
CHPS.TO Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
CHPS.TO Sortino Ratio Rank: 9191
Sortino Ratio Rank
CHPS.TO Omega Ratio Rank: 9191
Omega Ratio Rank
CHPS.TO Calmar Ratio Rank: 9797
Calmar Ratio Rank
CHPS.TO Martin Ratio Rank: 9595
Martin Ratio Rank
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.

SPXU.TO vs. CHPS.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BetaPro S&P 500 2x Daily Bull ETF (SPXU.TO) and Global X Artificial Intelligence Semiconductor Index ETF (CHPS.TO). 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.

SPXU.TOCHPS.TODifference
Sharpe ratioReturn per unit of total volatility
1.40
3.43

-2.02

Sortino ratioReturn per unit of downside risk
1.93
3.66

-1.73

Omega ratioGain probability vs. loss probability

1.25

1.51

-0.26

Calmar ratioReturn relative to maximum drawdown

1.87

9.21

-7.34

Martin ratioReturn relative to average drawdown

7.68

26.33

-18.65

SPXU.TO vs. CHPS.TO - Sharpe Ratio Comparison

The current SPXU.TO Sharpe Ratio is 1.40, which is lower than the CHPS.TO Sharpe Ratio of 3.43. The chart below compares the historical Sharpe Ratios of SPXU.TO and CHPS.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

SPXU.TO vs. CHPS.TO - Drawdown Comparison

The maximum SPXU.TO drawdown since its inception was -59.70%, which is greater than CHPS.TO's maximum drawdown of -48.16%. Use the drawdown chart below to compare losses from any high point for SPXU.TO and CHPS.TO.

Loading charts...

Drawdown Indicators

SPXU.TOCHPS.TODifference

Max Drawdown

Largest peak-to-trough decline

-59.70%

-48.16%

-11.54%

Max Drawdown (1Y)

Largest decline over 1 year

-18.73%

-13.35%

-5.38%

Max Drawdown (3Y)

Largest decline over 3 years

-35.54%

-37.49%

+1.95%

Max Drawdown (5Y)

Largest decline over 5 years

-47.90%

-48.16%

+0.26%

Max Drawdown (10Y)

Largest decline over 10 years

-59.70%

—

—

Current Drawdown

Current decline from peak

-3.68%

0.00%

-3.68%

Average Drawdown

Average peak-to-trough decline

-9.73%

-13.78%

+4.05%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.55%

4.63%

-0.08%

Volatility

SPXU.TO vs. CHPS.TO - Volatility Comparison

The current volatility for BetaPro S&P 500 2x Daily Bull ETF (SPXU.TO) is 10.15%, while Global X Artificial Intelligence Semiconductor Index ETF (CHPS.TO) has a volatility of 18.23%. This indicates that SPXU.TO experiences smaller price fluctuations and is considered to be less risky than CHPS.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

SPXU.TOCHPS.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

10.15%

18.23%

-8.08%

Volatility (6M)

Calculated over the trailing 6-month period

19.93%

29.35%

-9.42%

Volatility (1Y)

Calculated over the trailing 1-year period

24.95%

35.87%

-10.92%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

33.77%

34.86%

-1.09%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

47.76%

34.78%

+12.98%

Dividends

SPXU.TO vs. CHPS.TO - Dividend Comparison

SPXU.TO has not paid dividends to shareholders, while CHPS.TO's dividend yield for the trailing twelve months is around 0.01%.

PositionTTM20252024202320222021
CHPS.TO
Global X Artificial Intelligence Semiconductor Index ETF		0.01%0.01%0.20%0.53%0.97%0.01%
SPXU.TO
BetaPro S&P 500 2x Daily Bull ETF		0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

SPXU.TO and CHPS.TO have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SPXU.TO is categorized as Leveraged Equities, while CHPS.TO is Semiconductors.

Portfolio Optimizer

Find the right allocation for SPXU.TO and CHPS.TO

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer