U-UN.TO vs. CHPS.TO

Last updated Jun 4, 2026

U-UN.TO (Sprott Physical Uranium Trust Fund) and CHPS.TO (Global X Artificial Intelligence Semiconductor Index ETF) are both funds - U-UN.TO is a Gold fund actively managed by Sprott, while CHPS.TO is a Semiconductors fund tracking the PHLX US AI Semiconductor Index. U-UN.TO is actively managed, while CHPS.TO is passively managed. Over the past 3 years, U-UN.TO returned 15.97%/yr vs 51.56%/yr for CHPS.TO. At a 0.23 correlation, their price movements are largely independent. U-UN.TO charges 0.60%/yr vs 0.63%/yr for CHPS.TO.

Performance

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

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Sprott Physical Uranium Trust Fund (U-UN.TO) and Global X Artificial Intelligence Semiconductor Index ETF (CHPS.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, U-UN.TO achieves a 1.68% return, which is significantly lower than CHPS.TO's 66.03% return.

U-UN.TO

• 1D: -2.26%
• 1M: -1.20%
• YTD: 1.68%
• 6M: 8.17%
• 1Y: 22.39%
• 3Y*: 15.97%
• 5Y*: 35.74%
• 10Y*: 20.38%

CHPS.TO

• 1D: 0.93%
• 1M: 28.67%
• YTD: 66.03%
• 6M: 59.28%
• 1Y: 134.35%
• 3Y*: 51.56%
• 5Y*: —
• 10Y*: —

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

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

	2026 (YTD)	2025	2024	2023	2022	2021
U-UN.TO Sprott Physical Uranium Trust Fund	1.68%	7.92%	-12.03%	78.52%	14.05%	153.75%
CHPS.TO Global X Artificial Intelligence Semiconductor Index ETF	66.03%	45.93%	20.38%	68.20%	-37.86%	22.69%

Correlation

The correlation between U-UN.TO and CHPS.TO is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (All Time) Calculated using the full available price history since Jun 23, 2021	0.23

Return for Risk

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

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

U-UN.TO

U-UN.TO Risk / Return Rank: 9
U-UN.TO Sharpe Ratio Rank: 8
U-UN.TO Sortino Ratio Rank: 9
U-UN.TO Omega Ratio Rank: 9
U-UN.TO Calmar Ratio Rank: 11
U-UN.TO Martin Ratio Rank: 7

CHPS.TO

CHPS.TO Risk / Return Rank: 94
CHPS.TO Sharpe Ratio Rank: 96
CHPS.TO Sortino Ratio Rank: 92
CHPS.TO Omega Ratio Rank: 92
CHPS.TO Calmar Ratio Rank: 96
CHPS.TO Martin Ratio Rank: 95

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.

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

This table presents a comparison of risk-adjusted performance metrics for Sprott Physical Uranium Trust Fund (U-UN.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.

	U-UN.TO	CHPS.TO	Difference
Sharpe ratio: Return per unit of total volatility	0.66	4.30	-3.64
Sortino ratio: Return per unit of downside risk	1.12	4.53	-3.40
Omega ratio: Gain probability vs. loss probability	1.14	1.63	-0.49
Calmar ratio: Return relative to maximum drawdown	1.03	10.12	-9.09
Martin ratio: Return relative to average drawdown	2.13	30.54	-28.41
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current U-UN.TO Sharpe Ratio is 0.66, which is lower than the CHPS.TO Sharpe Ratio of 4.30. The chart below compares the historical Sharpe Ratios of U-UN.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.

Sharpe Ratios by Period

	U-UN.TO	CHPS.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.66	4.30	-3.64
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.40	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	0.91	-0.72

Drawdowns

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

The maximum U-UN.TO drawdown since its inception was -83.06%, 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 U-UN.TO and CHPS.TO.

Drawdown Indicators

	U-UN.TO	CHPS.TO	Difference
Max Drawdown Largest peak-to-trough decline	-83.06%	-48.16%	-34.90%
Max Drawdown (1Y) Largest decline over 1 year	-21.81%	-13.35%	-8.46%
Max Drawdown (3Y) Largest decline over 3 years	-45.84%	-37.49%	-8.35%
Max Drawdown (5Y) Largest decline over 5 years	-45.84%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-45.84%	—	—
Current Drawdown Current decline from peak	-19.27%	0.00%	-19.27%
Average Drawdown Average peak-to-trough decline	-51.87%	-13.90%	-37.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.52%	4.42%	+6.10%

Volatility

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

The current volatility for Sprott Physical Uranium Trust Fund (U-UN.TO) is 7.68%, while Global X Artificial Intelligence Semiconductor Index ETF (CHPS.TO) has a volatility of 11.35%. This indicates that U-UN.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.

Volatility by Period

	U-UN.TO	CHPS.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.68%	11.35%	-3.67%
Volatility (6M) Calculated over the trailing 6-month period	24.47%	24.81%	-0.34%
Volatility (1Y) Calculated over the trailing 1-year period	34.17%	31.48%	+2.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	66.21%	33.79%	+32.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.81%	33.79%	+17.02%

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

U-UN.TO has a 0.60% expense ratio, which is lower than CHPS.TO's 0.63% expense ratio.

Dividends

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

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

Position	TTM	2025	2024	2023	2022	2021
CHPS.TO Global X Artificial Intelligence Semiconductor Index ETF	0.01%	0.01%	0.20%	0.53%	0.97%	0.01%
U-UN.TO Sprott Physical Uranium Trust Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both U-UN.TO and CHPS.TO in my portfolio?

U-UN.TO and CHPS.TO have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.