XFR.TO vs. CHPS.TO
XFR.TO (iShares Floating Rate Index ETF) and CHPS.TO (Global X Artificial Intelligence Semiconductor Index ETF) are both exchange-traded funds - XFR.TO is a Canadian Government Bonds fund tracking the Morningstar Can 1-5Y Core Bd GR CAD, while CHPS.TO is a Semiconductors fund tracking the PHLX US AI Semiconductor Index. Both are passively managed. Over the past 3 years, XFR.TO returned 3.98%/yr vs 47.55%/yr for CHPS.TO. At a 0.05 correlation, their price movements are largely independent. XFR.TO charges 0.14%/yr vs 0.63%/yr for CHPS.TO.
Performance
XFR.TO vs. CHPS.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XFR.TO achieves a 1.15% return, which is significantly lower than CHPS.TO's 60.68% return.
XFR.TO
- 1D
- 0.05%
- 1M
- 0.26%
- YTD
- 1.15%
- 6M
- 1.33%
- 1Y
- 3.02%
- 3Y*
- 3.98%
- 5Y*
- 3.24%
- 10Y*
- 2.26%
CHPS.TO
- 1D
- 1.86%
- 1M
- 13.58%
- YTD
- 60.68%
- 6M
- 61.37%
- 1Y
- 123.06%
- 3Y*
- 47.55%
- 5Y*
- —
- 10Y*
- —
XFR.TO vs. CHPS.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XFR.TO iShares Floating Rate Index ETF | 1.15% | 3.33% | 4.57% | 5.29% | 1.81% | 0.06% |
CHPS.TO Global X Artificial Intelligence Semiconductor Index ETF | 60.68% | 45.93% | 20.38% | 68.20% | -37.86% | 23.13% |
Correlation
The correlation between XFR.TO and CHPS.TO is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Jun 22, 2021 | 0.05 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XFR.TO vs. CHPS.TO — Risk / Return Rank
XFR.TO
CHPS.TO
XFR.TO vs. CHPS.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Floating Rate Index ETF (XFR.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.
| XFR.TO | CHPS.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.58 | ||
| Sortino ratioReturn per unit of downside risk | +3.22 | ||
| Omega ratioGain probability vs. loss probability | 1.98 | 1.53 | +0.45 |
| Calmar ratioReturn relative to maximum drawdown | 29.79 | 9.12 | +20.67 |
| Martin ratioReturn relative to average drawdown | 90.21 | 26.48 | +63.73 |
Loading charts...
Drawdowns
XFR.TO vs. CHPS.TO - Drawdown Comparison
The maximum XFR.TO drawdown since its inception was -4.12%, smaller than the maximum CHPS.TO drawdown of -48.16%. Use the drawdown chart below to compare losses from any high point for XFR.TO and CHPS.TO.
Loading charts...
Drawdown Indicators
| XFR.TO | CHPS.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.12% | -48.16% | +44.04% |
Max Drawdown (1Y)Largest decline over 1 year | -0.10% | -13.35% | +13.25% |
Max Drawdown (3Y)Largest decline over 3 years | -0.30% | -37.49% | +37.19% |
Max Drawdown (5Y)Largest decline over 5 years | -0.30% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -4.12% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -3.22% | +3.22% |
Average DrawdownAverage peak-to-trough decline | -0.06% | -13.88% | +13.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.03% | 4.55% | -4.52% |
Volatility
XFR.TO vs. CHPS.TO - Volatility Comparison
The current volatility for iShares Floating Rate Index ETF (XFR.TO) is 0.23%, while Global X Artificial Intelligence Semiconductor Index ETF (CHPS.TO) has a volatility of 15.67%. This indicates that XFR.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.
Loading charts...
Volatility by Period
| XFR.TO | CHPS.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.23% | 15.67% | -15.44% |
Volatility (6M)Calculated over the trailing 6-month period | 0.47% | 27.93% | -27.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.72% | 34.16% | -33.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.85% | 34.50% | -33.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.86% | 34.50% | -32.64% |
XFR.TO vs. CHPS.TO - Expense Ratio Comparison
XFR.TO has a 0.14% expense ratio, which is lower than CHPS.TO's 0.63% expense ratio.
Dividends
XFR.TO vs. CHPS.TO - Dividend Comparison
XFR.TO's dividend yield for the trailing twelve months is around 2.77%, more than CHPS.TO's 0.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
XFR.TO iShares Floating Rate Index ETF | 2.77% | 3.23% | 4.93% | 4.91% | 1.84% | 0.30% | 1.07% | 1.99% | 1.64% | 0.92% | 0.65% | 0.95% |
Frequently Asked Questions
XFR.TO and CHPS.TO have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XFR.TO is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XFR.TO is cheaper with a 0.14% expense ratio, compared with 0.63% for CHPS.TO.
XFR.TO is categorized as Canadian Government Bonds, while CHPS.TO is Semiconductors. XFR.TO tracks Morningstar Can 1-5Y Core Bd GR CAD, while CHPS.TO tracks PHLX US AI Semiconductor Index. They also come from different issuers: iShares and Global X. Their fees differ too: 0.14% for XFR.TO and 0.63% for CHPS.TO.
Find the right allocation for XFR.TO and CHPS.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer