TCAI vs. CHPX

Last updated Aug 2, 2026

TCAI (Tortoise AI Infrastructure ETF) and CHPX (Global X AI Semiconductor & Quantum ETF) are both Artificial Intelligence funds. TCAI is actively managed, while CHPX is passively managed. Their correlation of 0.87 means they have usually moved in the same direction. TCAI charges 0.65%/yr vs 0.50%/yr for CHPX.

Performance

TCAI vs. CHPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tortoise AI Infrastructure ETF (TCAI) 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, TCAI achieves a 55.27% return, which is significantly lower than CHPX's 60.49% return.

TCAI

• 1D: -0.41%
• 1M: -7.41%
• 6M: 37.28%
• YTD: 55.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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
TCAI Tortoise AI Infrastructure ETF	$4.79M	$5.54M	$6.96M

TCAI vs. CHPX - Yearly Performance Comparison

	2026 (YTD)	2025
TCAI Tortoise AI Infrastructure ETF	55.27%	0.19%
CHPX Global X AI Semiconductor & Quantum ETF	60.49%	6.91%

Correlation

The correlation between TCAI and CHPX is 0.87, 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	0.87

Return for Risk

TCAI vs. CHPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tortoise AI Infrastructure ETF (TCAI) 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.

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

Drawdowns

TCAI vs. CHPX - Drawdown Comparison

The maximum TCAI drawdown since its inception was -28.82%, which is greater than CHPX's maximum drawdown of -27.10%. Use the drawdown chart below to compare losses from any high point for TCAI and CHPX.

Drawdown Indicators

	TCAI	CHPX	Difference
Max Drawdown Largest peak-to-trough decline	-28.82%	-27.10%	-1.72%
Current Drawdown Current decline from peak	-20.91%	-20.92%	+0.01%
Average Drawdown Average peak-to-trough decline	-4.71%	-5.30%	+0.59%

Volatility

Volatility by Period

	TCAI	CHPX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	41.71%	44.96%	-3.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.71%	44.96%	-3.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.71%	44.96%	-3.25%

TCAI vs. CHPX - Expense Ratio Comparison

TCAI has a 0.65% expense ratio, which is higher than CHPX's 0.50% expense ratio.

Dividends

TCAI vs. CHPX - Dividend Comparison

TCAI's dividend yield for the trailing twelve months is around 0.03%, less than CHPX's 0.04% yield.

Position	TTM	2025
CHPX Global X AI Semiconductor & Quantum ETF	0.04%	0.06%
TCAI Tortoise AI Infrastructure ETF	0.03%	0.05%

Frequently Asked Questions

Can I hold both TCAI and CHPX in my portfolio?

TCAI and CHPX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TCAI or CHPX?

On fees, CHPX is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TCAI or CHPX?

CHPX is cheaper with a 0.50% expense ratio, compared with 0.65% for TCAI.

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

CHPX has the higher dividend yield at 0.04%, compared with 0.03% for TCAI.

What is the main difference between TCAI and CHPX?

They also come from different issuers: Tortoise and Global X. Their fees differ too: 0.65% for TCAI and 0.50% for CHPX.