VGTY.DE vs. CHPY

Last updated Jun 5, 2026

VGTY.DE (Vanguard USD Treasury Bond UCITS ETF Distributing) and CHPY (YieldMax Semiconductor Portfolio Option Income ETF) are both exchange-traded funds - VGTY.DE is a Government Bonds fund tracking the Bloomberg Global Aggregate US Treasury Float Adjusted Index, while CHPY is a Derivative Income fund actively managed by YieldMax. VGTY.DE is passively managed, while CHPY is actively managed. Over the past year, VGTY.DE returned 1.03% vs 139.52% for CHPY. At a 0.15 correlation, their price movements are largely independent. VGTY.DE charges 0.05%/yr vs 0.99%/yr for CHPY.

Performance

VGTY.DE vs. CHPY - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Vanguard USD Treasury Bond UCITS ETF Distributing (VGTY.DE) and YieldMax Semiconductor Portfolio Option Income ETF (CHPY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

VGTY.DE is traded in EUR, while CHPY is traded in USD. To make them comparable, the CHPY values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, VGTY.DE achieves a 0.80% return, which is significantly lower than CHPY's 85.05% return.

VGTY.DE

• 1D: 0.08%
• 1M: 0.76%
• YTD: 0.80%
• 6M: 0.01%
• 1Y: 1.03%
• 3Y*: -0.33%
• 5Y*: 0.20%
• 10Y*: —

CHPY

• 1D: -1.65%
• 1M: 24.19%
• YTD: 85.05%
• 6M: 83.47%
• 1Y: 139.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VGTY.DE vs. CHPY - Yearly Performance Comparison

	2026 (YTD)	2025
VGTY.DE Vanguard USD Treasury Bond UCITS ETF Distributing	0.80%	-4.22%
CHPY YieldMax Semiconductor Portfolio Option Income ETF	85.05%	53.25%

Correlation

The correlation between VGTY.DE and CHPY is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (All Time) Calculated using the full available price history since Apr 4, 2025	0.15

Return for Risk

VGTY.DE vs. CHPY — Risk / Return Rank

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

VGTY.DE

VGTY.DE Risk / Return Rank: 12
VGTY.DE Sharpe Ratio Rank: 12
VGTY.DE Sortino Ratio Rank: 11
VGTY.DE Omega Ratio Rank: 11
VGTY.DE Calmar Ratio Rank: 12
VGTY.DE Martin Ratio Rank: 12

CHPY

CHPY Risk / Return Rank: 97
CHPY Sharpe Ratio Rank: 98
CHPY Sortino Ratio Rank: 96
CHPY Omega Ratio Rank: 96
CHPY Calmar Ratio Rank: 97
CHPY Martin Ratio Rank: 97

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.

VGTY.DE vs. CHPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard USD Treasury Bond UCITS ETF Distributing (VGTY.DE) and YieldMax Semiconductor Portfolio Option Income ETF (CHPY). 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.

	VGTY.DE	CHPY	Difference
Sharpe ratio: Return per unit of total volatility	0.19	5.11	-4.92
Sortino ratio: Return per unit of downside risk	0.31	5.45	-5.14
Omega ratio: Gain probability vs. loss probability	1.04	1.74	-0.71
Calmar ratio: Return relative to maximum drawdown	0.25	13.91	-13.66
Martin ratio: Return relative to average drawdown	0.62	48.19	-47.58
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VGTY.DE vs. CHPY - Sharpe Ratio Comparison

The current VGTY.DE Sharpe Ratio is 0.19, which is lower than the CHPY Sharpe Ratio of 5.11. The chart below compares the historical Sharpe Ratios of VGTY.DE and CHPY, 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

	VGTY.DE	CHPY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.19	5.11	-4.92
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.02	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	4.28	-4.15

Drawdowns

VGTY.DE vs. CHPY - Drawdown Comparison

The maximum VGTY.DE drawdown since its inception was -17.97%, which is greater than CHPY's maximum drawdown of -13.22%. Use the drawdown chart below to compare losses from any high point for VGTY.DE and CHPY.

Drawdown Indicators

	VGTY.DE	CHPY	Difference
Max Drawdown Largest peak-to-trough decline	-17.97%	-13.22%	-4.75%
Max Drawdown (1Y) Largest decline over 1 year	-4.08%	-10.09%	+6.01%
Max Drawdown (3Y) Largest decline over 3 years	-11.23%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-13.16%	—	—
Current Drawdown Current decline from peak	-14.45%	-1.65%	-12.80%
Average Drawdown Average peak-to-trough decline	-9.48%	-2.16%	-7.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.67%	2.91%	-1.24%

Volatility

VGTY.DE vs. CHPY - Volatility Comparison

The current volatility for Vanguard USD Treasury Bond UCITS ETF Distributing (VGTY.DE) is 0.85%, while YieldMax Semiconductor Portfolio Option Income ETF (CHPY) has a volatility of 10.75%. This indicates that VGTY.DE experiences smaller price fluctuations and is considered to be less risky than CHPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VGTY.DE	CHPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.85%	10.75%	-9.90%
Volatility (6M) Calculated over the trailing 6-month period	3.73%	21.60%	-17.87%
Volatility (1Y) Calculated over the trailing 1-year period	5.44%	27.47%	-22.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.99%	34.00%	-26.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.63%	34.00%	-26.37%

VGTY.DE vs. CHPY - Expense Ratio Comparison

VGTY.DE has a 0.05% expense ratio, which is lower than CHPY's 0.99% expense ratio.

Dividends

VGTY.DE vs. CHPY - Dividend Comparison

VGTY.DE's dividend yield for the trailing twelve months is around 3.65%, less than CHPY's 28.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
CHPY YieldMax Semiconductor Portfolio Option Income ETF	28.83%	28.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VGTY.DE Vanguard USD Treasury Bond UCITS ETF Distributing	3.65%	3.99%	3.65%	3.21%	2.05%	0.99%	1.48%	2.10%	1.94%	0.26%

Frequently Asked Questions

Can I hold both VGTY.DE and CHPY in my portfolio?

VGTY.DE and CHPY have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VGTY.DE or CHPY?

On fees, VGTY.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VGTY.DE or CHPY?

VGTY.DE is cheaper with a 0.05% expense ratio, compared with 0.99% for CHPY.

What is the main difference between VGTY.DE and CHPY?

VGTY.DE is categorized as Government Bonds, while CHPY is Derivative Income. They also come from different issuers: Vanguard and YieldMax. Their fees differ too: 0.05% for VGTY.DE and 0.99% for CHPY.