XIT.TO vs. CHPS.TO
XIT.TO (iShares S&P/TSX Capped Information Technology Index ETF) and CHPS.TO (Global X Artificial Intelligence Semiconductor Index ETF) are both exchange-traded funds - XIT.TO is a Technology Equities fund tracking the Morningstar Gbl 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, XIT.TO returned 17.90%/yr vs 51.56%/yr for CHPS.TO. A 0.61 correlation means they provide meaningful diversification when combined. XIT.TO charges 0.60%/yr vs 0.63%/yr for CHPS.TO.
Performance
XIT.TO vs. CHPS.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XIT.TO achieves a -4.19% return, which is significantly lower than CHPS.TO's 66.03% return.
XIT.TO
- 1D
- -3.62%
- 1M
- 5.49%
- YTD
- -4.19%
- 6M
- -5.79%
- 1Y
- 9.80%
- 3Y*
- 17.90%
- 5Y*
- 8.31%
- 10Y*
- 17.57%
CHPS.TO
- 1D
- 0.93%
- 1M
- 28.67%
- YTD
- 66.03%
- 6M
- 59.28%
- 1Y
- 134.35%
- 3Y*
- 51.56%
- 5Y*
- —
- 10Y*
- —
XIT.TO vs. CHPS.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XIT.TO iShares S&P/TSX Capped Information Technology Index ETF | -4.19% | 15.48% | 30.02% | 55.56% | -35.85% | -6.59% |
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 XIT.TO and CHPS.TO is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Jun 23, 2021 | 0.61 |
The correlation between XIT.TO and CHPS.TO shifts across timeframes, from 0.46 (1 year) to 0.61 (all time), reflecting how their relationship changes across market environments.
XIT.TO vs. CHPS.TO - Sectors Allocation Comparison
Sectors
XIT.TO
CHPS.TO
Technology
Financial Services
-
Industrials
-
Basic Materials
-
-
Communication Services
-
-
Consumer Cyclical
-
-
Consumer Defensive
-
-
Energy
-
-
Healthcare
-
-
Real Estate
-
-
Utilities
-
-
Technology
XIT.TO
CHPS.TO
Financial Services
XIT.TO
CHPS.TO
-
Industrials
XIT.TO
CHPS.TO
-
Basic Materials
XIT.TO
-
CHPS.TO
-
Communication Services
XIT.TO
-
CHPS.TO
-
Consumer Cyclical
XIT.TO
-
CHPS.TO
-
Consumer Defensive
XIT.TO
-
CHPS.TO
-
Energy
XIT.TO
-
CHPS.TO
-
Healthcare
XIT.TO
-
CHPS.TO
-
Real Estate
XIT.TO
-
CHPS.TO
-
Utilities
XIT.TO
-
CHPS.TO
-
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
XIT.TO vs. CHPS.TO — Risk / Return Rank
XIT.TO
CHPS.TO
XIT.TO vs. CHPS.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P/TSX Capped Information Technology Index ETF (XIT.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.
| XIT.TO | CHPS.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.99 | ||
| Sortino ratioReturn per unit of downside risk | -3.89 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.63 | -0.55 |
| Calmar ratioReturn relative to maximum drawdown | 0.31 | 10.12 | -9.82 |
| Martin ratioReturn relative to average drawdown | 0.62 | 30.54 | -29.92 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XIT.TO | CHPS.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.31 | 4.30 | -3.99 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 0.91 | -0.61 |
Drawdowns
XIT.TO vs. CHPS.TO - Drawdown Comparison
The maximum XIT.TO drawdown since its inception was -81.18%, 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 XIT.TO and CHPS.TO.
Loading charts...
Drawdown Indicators
| XIT.TO | CHPS.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.18% | -48.16% | -33.02% |
Max Drawdown (1Y)Largest decline over 1 year | -31.93% | -13.35% | -18.58% |
Max Drawdown (3Y)Largest decline over 3 years | -31.93% | -37.49% | +5.56% |
Max Drawdown (5Y)Largest decline over 5 years | -54.15% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -54.15% | — | — |
Current DrawdownCurrent decline from peak | -14.47% | 0.00% | -14.47% |
Average DrawdownAverage peak-to-trough decline | -26.86% | -13.90% | -12.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.74% | 4.42% | +11.32% |
Volatility
XIT.TO vs. CHPS.TO - Volatility Comparison
iShares S&P/TSX Capped Information Technology Index ETF (XIT.TO) and Global X Artificial Intelligence Semiconductor Index ETF (CHPS.TO) have volatilities of 11.83% and 11.35%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XIT.TO | CHPS.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.83% | 11.35% | +0.48% |
Volatility (6M)Calculated over the trailing 6-month period | 24.39% | 24.81% | -0.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.36% | 31.48% | -0.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.37% | 33.79% | -4.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.71% | 33.79% | -7.08% |
XIT.TO vs. CHPS.TO - Expense Ratio Comparison
XIT.TO has a 0.60% expense ratio, which is lower than CHPS.TO's 0.63% expense ratio.
Dividends
XIT.TO vs. CHPS.TO - Dividend Comparison
XIT.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 | 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% |
XIT.TO iShares S&P/TSX Capped Information Technology Index ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.00% | 0.29% | 0.00% | 0.13% | 0.14% | 0.08% |
Frequently Asked Questions
XIT.TO and CHPS.TO have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XIT.TO is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XIT.TO is cheaper with a 0.60% expense ratio, compared with 0.63% for CHPS.TO.
XIT.TO is categorized as Technology Equities, while CHPS.TO is Semiconductors. XIT.TO tracks Morningstar Gbl 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: 0.60% for XIT.TO and 0.63% for CHPS.TO.
Find the right allocation for XIT.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