XCHP.TO vs. XNAQ.L

Last updated Apr 2, 2026

Compare and contrast key facts about iShares Semiconductor Index ETF (XCHP.TO) and Xtrackers Nasdaq 100 UCITS ETF 1C (XNAQ.L).

XCHP.TO and XNAQ.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XCHP.TO is a passively managed fund by iShares that tracks the performance of the NYSE Semiconductor Index. It was launched on Sep 6, 2023. XNAQ.L is a passively managed fund by Xtrackers that tracks the performance of the Russell 1000 Growth TR USD. It was launched on Jan 21, 2021. Both XCHP.TO and XNAQ.L 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

XCHP.TO vs. XNAQ.L - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares Semiconductor Index ETF (XCHP.TO) and Xtrackers Nasdaq 100 UCITS ETF 1C (XNAQ.L). The values are adjusted to include any dividend payments, if applicable.

XCHP.TO vs. XNAQ.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
XCHP.TO iShares Semiconductor Index ETF	13.74%	33.58%	21.73%	15.27%
XNAQ.L Xtrackers Nasdaq 100 UCITS ETF 1C	-4.06%	14.63%	37.34%	7.18%

Different Trading Currencies

XCHP.TO is traded in CAD, while XNAQ.L is traded in GBP. To make them comparable, the XNAQ.L values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, XCHP.TO achieves a 13.74% return, which is significantly higher than XNAQ.L's -4.06% return.

XCHP.TO

• 1D: 2.81%
• 1M: -2.23%
• YTD: 13.74%
• 6M: 22.22%
• 1Y: 77.15%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XNAQ.L

• 1D: 2.95%
• 1M: -1.80%
• YTD: -4.06%
• 6M: -2.54%
• 1Y: 21.08%
• 3Y*: 24.42%
• 5Y*: 15.46%
• 10Y*: —

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

XCHP.TO vs. XNAQ.L - Expense Ratio Comparison

XCHP.TO has a 0.39% expense ratio, which is higher than XNAQ.L's 0.20% expense ratio.

XCHP.TO

iShares Semiconductor Index ETF

XNAQ.L

Xtrackers Nasdaq 100 UCITS ETF 1C

Return for Risk

XCHP.TO vs. XNAQ.L — Risk / Return Rank

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

XCHP.TO

XCHP.TO Risk / Return Rank: 85
XCHP.TO Sharpe Ratio Rank: 89
XCHP.TO Sortino Ratio Rank: 89
XCHP.TO Omega Ratio Rank: 86
XCHP.TO Calmar Ratio Rank: 82
XCHP.TO Martin Ratio Rank: 80

XNAQ.L

XNAQ.L Risk / Return Rank: 61
XNAQ.L Sharpe Ratio Rank: 60
XNAQ.L Sortino Ratio Rank: 62
XNAQ.L Omega Ratio Rank: 58
XNAQ.L Calmar Ratio Rank: 70
XNAQ.L Martin Ratio Rank: 55

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.

XCHP.TO vs. XNAQ.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Semiconductor Index ETF (XCHP.TO) and Xtrackers Nasdaq 100 UCITS ETF 1C (XNAQ.L). 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.

	XCHP.TO	XNAQ.L	Difference
Sharpe ratio Return per unit of total volatility	1.94	1.03	+0.91
Sortino ratio Return per unit of downside risk	2.55	1.52	+1.03
Omega ratio Gain probability vs. loss probability	1.35	1.21	+0.14
Calmar ratio Return relative to maximum drawdown	2.46	1.82	+0.64
Martin ratio Return relative to average drawdown	9.06	5.53	+3.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XCHP.TO vs. XNAQ.L - Sharpe Ratio Comparison

The current XCHP.TO Sharpe Ratio is 1.94, which is higher than the XNAQ.L Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of XCHP.TO and XNAQ.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	XCHP.TO	XNAQ.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.94	1.03	+0.91
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.80	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.03	0.74	+0.28

Correlation

The correlation between XCHP.TO and XNAQ.L is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

XCHP.TO vs. XNAQ.L - Dividend Comparison

XCHP.TO's dividend yield for the trailing twelve months is around 0.37%, while XNAQ.L has not paid dividends to shareholders.

	TTM	2025	2024	2023
XCHP.TO iShares Semiconductor Index ETF	0.37%	0.43%	0.29%	0.17%
XNAQ.L Xtrackers Nasdaq 100 UCITS ETF 1C	0.00%	0.00%	0.00%	0.00%

Drawdowns

XCHP.TO vs. XNAQ.L - Drawdown Comparison

The maximum XCHP.TO drawdown since its inception was -38.95%, which is greater than XNAQ.L's maximum drawdown of -31.00%. Use the drawdown chart below to compare losses from any high point for XCHP.TO and XNAQ.L.

Drawdown Indicators

	XCHP.TO	XNAQ.L	Difference
Max Drawdown Largest peak-to-trough decline	-38.95%	-27.52%	-11.43%
Max Drawdown (1Y) Largest decline over 1 year	-17.39%	-11.05%	-6.34%
Max Drawdown (5Y) Largest decline over 5 years	—	-27.52%	—
Current Drawdown Current decline from peak	-6.55%	-8.18%	+1.63%
Average Drawdown Average peak-to-trough decline	-9.24%	-7.19%	-2.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.70%	3.68%	+3.02%

Volatility

XCHP.TO vs. XNAQ.L - Volatility Comparison

iShares Semiconductor Index ETF (XCHP.TO) has a higher volatility of 12.71% compared to Xtrackers Nasdaq 100 UCITS ETF 1C (XNAQ.L) at 5.31%. This indicates that XCHP.TO's price experiences larger fluctuations and is considered to be riskier than XNAQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XCHP.TO	XNAQ.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.71%	5.31%	+7.40%
Volatility (6M) Calculated over the trailing 6-month period	26.42%	11.87%	+14.55%
Volatility (1Y) Calculated over the trailing 1-year period	41.01%	20.44%	+20.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.21%	19.31%	+18.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.21%	19.40%	+18.81%