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TECH.TO vs. CHPS-U.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

TECH.TO vs. CHPS-U.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Evolve FANGMA Index ETF Hedged CAD (TECH.TO) and Global X Artificial Intelligence Semiconductor Index ETF (CHPS-U.TO).

TECH.TO and CHPS-U.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TECH.TO is a passively managed fund by Evolve that tracks the performance of the Solactive FANGMA Equal Weight Index. It was launched on May 4, 2021. CHPS-U.TO is a passively managed fund by Global X that tracks the performance of the PHLX US AI Semiconductor Index. It was launched on Jun 21, 2021. Both TECH.TO and CHPS-U.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

TECH.TO vs. CHPS-U.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Evolve FANGMA Index ETF Hedged CAD (TECH.TO) and Global X Artificial Intelligence Semiconductor Index ETF (CHPS-U.TO). The values are adjusted to include any dividend payments, if applicable.

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TECH.TO vs. CHPS-U.TO - Yearly Performance Comparison

2026 (YTD)20252024202320222021
TECH.TO
Evolve FANGMA Index ETF Hedged CAD		-9.64%18.22%40.26%80.38%-43.52%16.42%
CHPS-U.TO
Global X Artificial Intelligence Semiconductor Index ETF		2.94%44.87%21.17%71.89%-39.05%-0.40%
Different Trading Currencies

TECH.TO is traded in CAD, while CHPS-U.TO is traded in USD. To make them comparable, the CHPS-U.TO values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, TECH.TO achieves a -9.64% return, which is significantly lower than CHPS-U.TO's 2.94% return.

TECH.TO

1D
4.00%
1M
-5.31%
YTD
-9.64%
6M
-9.79%
1Y
17.00%
3Y*
27.42%
5Y*
—
10Y*
—

CHPS-U.TO

1D
-1.70%
1M
-5.44%
YTD
2.94%
6M
11.35%
1Y
69.55%
3Y*
33.44%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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

Evolve FANGMA Index ETF Hedged CAD

Global X Artificial Intelligence Semiconductor Index ETF

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Often compared with CHPS-U.TO:
CHPS-U.TO vs. CHPS.TOCHPS-U.TO vs. CIAI.TOCHPS-U.TO vs. TEC.TOCHPS-U.TO vs. SMHCHPS-U.TO vs. SMGB.LCHPS-U.TO vs. QQQCHPS-U.TO vs. GLD

TECH.TO vs. CHPS-U.TO - Expense Ratio Comparison

TECH.TO has a 0.40% expense ratio, which is lower than CHPS-U.TO's 0.63% expense ratio.

CHPS-U.TO
Global X Artificial Intelligence Semiconductor Index ETF
TECH.TO
Evolve FANGMA Index ETF Hedged CAD

Return for Risk

TECH.TO vs. CHPS-U.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
TECH.TO
TECH.TO Risk / Return Rank: 4040
Overall Rank
TECH.TO Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
TECH.TO Sortino Ratio Rank: 4646
Sortino Ratio Rank
TECH.TO Omega Ratio Rank: 4040
Omega Ratio Rank
TECH.TO Calmar Ratio Rank: 3939
Calmar Ratio Rank
TECH.TO Martin Ratio Rank: 3636
Martin Ratio Rank
CHPS-U.TO
CHPS-U.TO Risk / Return Rank: 9393
Overall Rank
CHPS-U.TO Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
CHPS-U.TO Sortino Ratio Rank: 9191
Sortino Ratio Rank
CHPS-U.TO Omega Ratio Rank: 9090
Omega Ratio Rank
CHPS-U.TO Calmar Ratio Rank: 9797
Calmar Ratio Rank
CHPS-U.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.

TECH.TO vs. CHPS-U.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Evolve FANGMA Index ETF Hedged CAD (TECH.TO) and Global X Artificial Intelligence Semiconductor Index ETF (CHPS-U.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.

TECH.TOCHPS-U.TODifference

Sharpe ratio

Return per unit of total volatility

0.73

1.84

-1.11

Sortino ratio

Return per unit of downside risk

1.28

2.49

-1.21

Omega ratio

Gain probability vs. loss probability

1.16

1.35

-0.19

Calmar ratio

Return relative to maximum drawdown

1.02

4.57

-3.54

Martin ratio

Return relative to average drawdown

3.34

13.44

-10.10

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TECH.TO vs. CHPS-U.TO - Sharpe Ratio Comparison

The current TECH.TO Sharpe Ratio is 0.73, which is lower than the CHPS-U.TO Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of TECH.TO and CHPS-U.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

TECH.TOCHPS-U.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.73

1.84

-1.11

Sharpe Ratio (All Time)

Calculated using the full available price history

0.50

0.37

+0.13

Correlation

The correlation between TECH.TO and CHPS-U.TO is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

TECH.TO vs. CHPS-U.TO - Dividend Comparison

TECH.TO's dividend yield for the trailing twelve months is around 0.12%, more than CHPS-U.TO's 0.01% yield.

TTM20252024202320222021
TECH.TO
Evolve FANGMA Index ETF Hedged CAD		0.12%0.12%0.14%0.20%0.35%0.17%
CHPS-U.TO
Global X Artificial Intelligence Semiconductor Index ETF		0.01%0.01%0.14%0.40%0.72%0.01%

Drawdowns

TECH.TO vs. CHPS-U.TO - Drawdown Comparison

The maximum TECH.TO drawdown since its inception was -47.92%, roughly equal to the maximum CHPS-U.TO drawdown of -48.89%. Use the drawdown chart below to compare losses from any high point for TECH.TO and CHPS-U.TO.

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Drawdown Indicators

TECH.TOCHPS-U.TODifference

Max Drawdown

Largest peak-to-trough decline

-47.92%

-53.70%

+5.78%

Max Drawdown (1Y)

Largest decline over 1 year

-16.59%

-12.51%

-4.08%

Current Drawdown

Current decline from peak

-13.06%

-10.43%

-2.63%

Average Drawdown

Average peak-to-trough decline

-12.66%

-18.19%

+5.53%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.09%

4.38%

+0.71%

Volatility

TECH.TO vs. CHPS-U.TO - Volatility Comparison

The current volatility for Evolve FANGMA Index ETF Hedged CAD (TECH.TO) is 6.82%, while Global X Artificial Intelligence Semiconductor Index ETF (CHPS-U.TO) has a volatility of 12.09%. This indicates that TECH.TO experiences smaller price fluctuations and is considered to be less risky than CHPS-U.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

TECH.TOCHPS-U.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

6.82%

12.09%

-5.27%

Volatility (6M)

Calculated over the trailing 6-month period

13.08%

26.27%

-13.19%

Volatility (1Y)

Calculated over the trailing 1-year period

23.29%

38.03%

-14.74%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

26.64%

38.40%

-11.76%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

26.64%

38.40%

-11.76%