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TLF.TO vs. CHPS.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

TLF.TO vs. CHPS.TO

Last updated Jul 16, 2026
Documentation

TLF.TO (Brompton Tech Leaders Income ETF) and CHPS.TO (Global X Artificial Intelligence Semiconductor Index ETF) are both exchange-traded funds - TLF.TO is a Technology Equities fund actively managed by Brompton, while CHPS.TO is a Semiconductors fund tracking the PHLX US AI Semiconductor Index. TLF.TO is actively managed, while CHPS.TO is passively managed. Over the past 5 years, TLF.TO returned 17.07%/yr vs 29.09%/yr for CHPS.TO. A 0.80 correlation means they provide meaningful diversification when combined.

Performance

TLF.TO vs. CHPS.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Brompton Tech Leaders Income ETF (TLF.TO) and Global X Artificial Intelligence Semiconductor Index ETF (CHPS.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, TLF.TO achieves a 27.21% return, which is significantly lower than CHPS.TO's 56.69% return.

TLF.TO

1D
-1.40%
1M
-3.87%
6M
25.65%
YTD
27.21%
1Y
38.85%
3Y*
26.00%
5Y*
17.07%
10Y*
21.83%

CHPS.TO

1D
-1.01%
1M
-6.66%
6M
46.63%
YTD
56.69%
1Y
89.48%
3Y*
45.32%
5Y*
29.09%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)20252024202320222021
TLF.TO
Brompton Tech Leaders Income ETF		27.21%18.20%21.45%49.36%-30.09%19.38%
CHPS.TO
Global X Artificial Intelligence Semiconductor Index ETF		56.69%45.93%20.38%68.20%-37.86%23.13%

Correlation

The correlation between TLF.TO and CHPS.TO is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

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

0.83

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

0.83

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

0.80

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

0.80

The correlation between TLF.TO and CHPS.TO has been stable across timeframes, ranging from 0.80 to 0.83 - 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.

Brompton Tech Leaders Income ETF

Global X Artificial Intelligence Semiconductor Index ETF

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Return for Risk

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
TLF.TO
TLF.TO Risk / Return Rank: 5959
Overall Rank
TLF.TO Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
TLF.TO Sortino Ratio Rank: 4949
Sortino Ratio Rank
TLF.TO Omega Ratio Rank: 5656
Omega Ratio Rank
TLF.TO Calmar Ratio Rank: 6565
Calmar Ratio Rank
TLF.TO Martin Ratio Rank: 6464
Martin Ratio Rank
CHPS.TO
CHPS.TO Risk / Return Rank: 8787
Overall Rank
CHPS.TO Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
CHPS.TO Sortino Ratio Rank: 7777
Sortino Ratio Rank
CHPS.TO Omega Ratio Rank: 8282
Omega Ratio Rank
CHPS.TO Calmar Ratio Rank: 9696
Calmar Ratio Rank
CHPS.TO Martin Ratio Rank: 9393
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.

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

This table presents a comparison of risk-adjusted performance metrics for Brompton Tech Leaders Income ETF (TLF.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.

TLF.TOCHPS.TODifference
Sharpe ratioReturn per unit of total volatility
1.60
2.41

-0.81

Sortino ratioReturn per unit of downside risk
2.04
2.74

-0.71

Omega ratioGain probability vs. loss probability

1.29

1.38

-0.10

Calmar ratioReturn relative to maximum drawdown

2.65

6.81

-4.16

Martin ratioReturn relative to average drawdown

9.20

18.24

-9.05

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

The current TLF.TO Sharpe Ratio is 1.60, which is lower than the CHPS.TO Sharpe Ratio of 2.41. The chart below compares the historical Sharpe Ratios of TLF.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.

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Drawdowns

TLF.TO vs. CHPS.TO - Drawdown Comparison

The maximum TLF.TO drawdown since its inception was -37.19%, smaller than the maximum CHPS.TO drawdown of -48.16%. Use the drawdown chart below to compare losses from any high point for TLF.TO and CHPS.TO.

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Drawdown Indicators

TLF.TOCHPS.TODifference

Max Drawdown

Largest peak-to-trough decline

-37.19%

-48.16%

+10.97%

Max Drawdown (1Y)

Largest decline over 1 year

-14.73%

-13.35%

-1.38%

Max Drawdown (3Y)

Largest decline over 3 years

-24.99%

-37.49%

+12.50%

Max Drawdown (5Y)

Largest decline over 5 years

-37.19%

-48.16%

+10.97%

Max Drawdown (10Y)

Largest decline over 10 years

-37.19%

—

—

Current Drawdown

Current decline from peak

-6.84%

-9.95%

+3.11%

Average Drawdown

Average peak-to-trough decline

-7.35%

-13.74%

+6.39%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.24%

4.96%

-0.72%

Volatility

TLF.TO vs. CHPS.TO - Volatility Comparison

The current volatility for Brompton Tech Leaders Income ETF (TLF.TO) is 13.38%, while Global X Artificial Intelligence Semiconductor Index ETF (CHPS.TO) has a volatility of 17.48%. This indicates that TLF.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.

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Volatility by Period

TLF.TOCHPS.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

13.38%

17.48%

-4.10%

Volatility (6M)

Calculated over the trailing 6-month period

21.66%

31.69%

-10.03%

Volatility (1Y)

Calculated over the trailing 1-year period

24.42%

37.90%

-13.48%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

25.80%

35.22%

-9.42%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.20%

35.08%

-10.88%

Dividends

TLF.TO vs. CHPS.TO - Dividend Comparison

TLF.TO's dividend yield for the trailing twelve months is around 5.41%, more than CHPS.TO's 0.01% yield.

PositionTTM20252024202320222021202020192018201720162015
CHPS.TO
Global X Artificial Intelligence Semiconductor Index ETF		0.01%0.01%0.20%0.53%0.97%0.01%0.00%0.00%0.00%0.00%0.00%0.00%
TLF.TO
Brompton Tech Leaders Income ETF		5.41%5.90%5.86%5.31%6.97%3.40%3.49%4.64%6.05%5.94%7.67%7.63%

Frequently Asked Questions

TLF.TO and CHPS.TO have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

TLF.TO is categorized as Technology Equities, while CHPS.TO is Semiconductors. They also come from different issuers: Brompton and Global X.

Portfolio Optimizer

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