Global X AI Semiconductor & Quantum ETF (CHPX) seeks to track companies developing artificial intelligence semiconductors and quantum computing technologies. This thematic technology ETF targets firms involved in AI chip design, quantum hardware development, and related enabling technologies across global markets.
How It Works
CHPX uses a rules-based methodology to identify and weight companies based on their revenue exposure to AI semiconductors and quantum computing. The fund likely employs modified market-cap weighting with screens for minimum liquidity and market capitalization thresholds. Holdings are concentrated in specialized technology companies including chip designers, quantum hardware manufacturers, and software firms enabling these technologies. Rebalancing occurs quarterly to maintain thematic focus and adjust for changing business models.
Key Features
- Pure-play exposure to AI semiconductor and quantum computing convergence, targeting the next generation of computing infrastructure
- Global scope captures innovation leaders from U.S., Asia, and Europe rather than limiting to single geography
- Recently launched in October 2025, positioned to capitalize on emerging quantum computing commercialization trends
Risks
- This ETF can lose significant value if AI semiconductor demand disappoints or quantum computing proves commercially unviable, potentially declining 40-60% during tech selloffs
- Concentrated holdings in speculative quantum companies create single-stock risk where individual company failures can materially impact fund performance
- High volatility from emerging technology exposure means daily swings of 5-10% are common during market uncertainty or regulatory changes
Who Should Own This
Best suited as a satellite holding (5-15% of portfolio) for aggressive growth investors with 3-7 year time horizons and high risk tolerance. Appropriate for those seeking concentrated exposure to AI and quantum computing themes. Requires ability to withstand significant volatility and potential permanent capital loss from technology disruption.