Data as of .
CHPX vs IVEP: which is really different?
CHPX and IVEP hold 3% of their weight in the same names.
ETFIQ Off-Index Score: IVEP scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
3% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, CHPX and IVEP hold 3% of their money in the same securities at the same weight.
| Holding | CHPX | IVEP |
|---|---|---|
| VERTIV HOLDINGS CO-A | 1.94% | 4.12% |
| MONOLITHIC POWER SYSTEMS INC | 1.22% | 3.89% |
| Only in CHPX | Only in IVEP |
|---|---|
| MICRON TECHNOLOGY INC 13.19% | BLOOM ENERGY CORP 4.98% |
| TAIWAN SEMICONDUCTOR-SP ADR 10.45% | QUANTA SERVICES INC 4.31% |
| NVIDIA CORP 10.05% | GE VERNOVA INC 4.16% |
| BROADCOM INC 8.40% | SIEMENS ENERGY AG 4.11% |
| ADVANCED MICRO DEVICES 5.24% | EATON CORP PLC 4.07% |
| MEDIATEK INC 4.74% | NEXTERA ENERGY INC 3.94% |
| SK HYNIX INC 4.60% | SCHNEIDER ELECTRIC SE 3.91% |
| ASML HOLDING NV-NY REG SHS 4.50% | CONSTELLATION ENERGY CORP 3.88% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| CHPX | IVEP | CHPX | IVEP | CHPX | IVEP | |
| 3 months | −11.4% | −11.8% | −13.7 pts | −14.0 pts | −9.0 pts | −9.3 pts |
| 6 months | +65.9% | not published | +47.9 pts | not published | +41.7 pts | not published |
| Since launch | +87.2% | −2.5% | +72.0 pts | −15.7 pts | +67.1 pts | −21.7 pts |
| CHPX Global X AI Semiconductor & Quantum ETF Holds 42 stocks in aI infrastructure and chips, 62% of its weight in S&P 500 companies | IVEP Dan IVES Wedbush AI Power & Infrastructure ETF Holds 30 stocks in aI infrastructure and chips, 71% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Global X | Wedbush |
| Theme | AI infrastructure and chips | AI infrastructure and chips |
| In the S&P 500 | 62.3% | 71.2% |
| Active share vs the S&P 500 | 83.1% | 97.0% |
| In the Nasdaq-100 | 59.1% | 11.3% |
| Holdings | 42 | 30 |
| Top ten, share of the fund | 69.8% | 41.4% |
| Expense ratio | 0.50% | 0.75% |
| Fee for the differing part | 0.60% | 0.77% |
| Total return, 1 year | +87.2% (since launch on Oct 1, 2025) | −2.5% (since launch on Apr 8, 2026) |
| vs the S&P 500 | +72.0 pts | −15.7 pts |
| vs the Nasdaq-100 | +67.1 pts | −21.7 pts |
| Below its high | −12.6% | −13.0% |
| Net assets | $123m | $9m |
CHPX in plain words
By weight, 62% of CHPX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 83%. The top ten holdings are 70% of the fund across 42 positions, as published by its issuer for Sep 18, 2026. Since it launched on Oct 1, 2025 the fund returned +87.2% with distributions reinvested against +15.2% for the S&P 500, so a holder was ahead by 72.0 pts. It sits 12.6% below its all-time high of Jun 22, 2026.
IVEP in plain words
By weight, 71% of IVEP's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 97%. The top ten holdings are 41% of the fund across 30 positions, as filed for Apr 30, 2026. Since it launched on Apr 8, 2026 the fund returned −2.5% with distributions reinvested against +13.2% for the S&P 500, so a holder was behind by 15.7 pts. It sits 13.0% below its all-time high of May 6, 2026.
Questions people ask
- Do CHPX and IVEP hold the same stocks?
- By their latest filings, 3% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, CHPX or IVEP?
- CHPX has 62% of its weight in S&P 500 names and IVEP has 71%, so IVEP differs more from the index.
- Which is cheaper, CHPX or IVEP?
- CHPX charges 0.50% a year and IVEP charges 0.75%, so CHPX is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, CHPX against IVEP, data as of Sep 18, 2026. https://etfiq.com/compare/themes/chpx-vs-ivep Free to use with attribution; the underlying files are at Open data.