XDEF vs. CHPS

Last updated Jul 17, 2026

XDEF (Xtrackers Europe Defense Technologies ETF) and CHPS (Xtrackers Semiconductor Select Equity ETF) are both exchange-traded funds - XDEF is a Aerospace & Defense fund tracking the STOXX Europe Total Market Defence, Space and Cybersecurity Innovation 50-25 Index, while CHPS is a Semiconductors fund tracking the Solactive Semiconductor ESG Screened Index. Both are passively managed. At a 0.31 correlation, their price movements are largely independent. XDEF charges 0.35%/yr vs 0.15%/yr for CHPS.

Performance

XDEF vs. CHPS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers Europe Defense Technologies ETF (XDEF) and Xtrackers Semiconductor Select Equity ETF (CHPS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XDEF

• 1D: -1.04%
• 1M: -3.42%
• 6M: -99.26%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CHPS

• 1D: -5.25%
• 1M: -12.71%
• 6M: 57.64%
• YTD: 78.69%
• 1Y: 137.41%
• 3Y*: 49.66%
• 5Y*: —
• 10Y*: —

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

XDEF vs. CHPS - Yearly Performance Comparison

	2026 (YTD)
XDEF Xtrackers Europe Defense Technologies ETF	-99.18%
CHPS Xtrackers Semiconductor Select Equity ETF	78.69%

Correlation

The correlation between XDEF and CHPS is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 2, 2026	0.31

Return for Risk

XDEF vs. CHPS — Risk / Return Rank

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

XDEF

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

CHPS

CHPS Risk / Return Rank: 93
CHPS Sharpe Ratio Rank: 96
CHPS Sortino Ratio Rank: 89
CHPS Omega Ratio Rank: 89
CHPS Calmar Ratio Rank: 95
CHPS 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.

XDEF vs. CHPS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Europe Defense Technologies ETF (XDEF) and Xtrackers Semiconductor Select Equity ETF (CHPS). 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.

	XDEF	CHPS	Difference
Sharpe ratio: Return per unit of total volatility	—	3.20	—
Sortino ratio: Return per unit of downside risk	—	3.33	—
Omega ratio: Gain probability vs. loss probability	—	1.45	—
Calmar ratio: Return relative to maximum drawdown	—	6.42	—
Martin ratio: Return relative to average drawdown	—	23.71	—

Drawdowns

XDEF vs. CHPS - Drawdown Comparison

The maximum XDEF drawdown since its inception was -99.30%, which is greater than CHPS's maximum drawdown of -39.44%. Use the drawdown chart below to compare losses from any high point for XDEF and CHPS.

Drawdown Indicators

	XDEF	CHPS	Difference
Max Drawdown Largest peak-to-trough decline	-99.30%	-39.44%	-59.86%
Max Drawdown (1Y) Largest decline over 1 year	—	-21.52%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-39.44%	—
Current Drawdown Current decline from peak	-99.27%	-21.52%	-77.75%
Average Drawdown Average peak-to-trough decline	-76.16%	-9.15%	-67.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.82%	—

Volatility

Volatility by Period

	XDEF	CHPS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	21.77%	—
Volatility (6M) Calculated over the trailing 6-month period	—	38.10%	—
Volatility (1Y) Calculated over the trailing 1-year period	139.53%	43.24%	+96.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	139.53%	36.55%	+102.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	139.53%	36.55%	+102.98%

XDEF vs. CHPS - Expense Ratio Comparison

XDEF has a 0.35% expense ratio, which is higher than CHPS's 0.15% expense ratio.

Dividends

XDEF vs. CHPS - Dividend Comparison

XDEF's dividend yield for the trailing twelve months is around 1.54%, more than CHPS's 0.36% yield.

Position	TTM	2025	2024	2023
CHPS Xtrackers Semiconductor Select Equity ETF	0.36%	0.68%	1.75%	0.36%
XDEF Xtrackers Europe Defense Technologies ETF	1.54%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XDEF and CHPS in my portfolio?

XDEF and CHPS have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XDEF or CHPS?

On fees, CHPS is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XDEF or CHPS?

CHPS is cheaper with a 0.15% expense ratio, compared with 0.35% for XDEF.

Which ETF pays a higher dividend yield, XDEF or CHPS?

XDEF has the higher dividend yield at 1.54%, compared with 0.36% for CHPS.

What is the main difference between XDEF and CHPS?

XDEF is categorized as Aerospace & Defense, while CHPS is Semiconductors. XDEF tracks STOXX Europe Total Market Defence, Space and Cybersecurity Innovation 50-25 Index, while CHPS tracks Solactive Semiconductor ESG Screened Index. Their fees differ too: 0.35% for XDEF and 0.15% for CHPS.