CHPS vs CRAM

CHPSAXtrackers Semiconductor Select Equity ETF

CRAM—Defiance China Memory ETF

In short

CHPS Semiconductors without the semiconductor markup. CHPS tracks a global chip index with an ESG screen baked in, holds roughly 50 names, and charges 0.15%, undercutting the category's household names.

CRAM —No data

Stated mandate

CHPS The fund seeks investment results corresponding generally to the performance of the Solactive Semiconductor ESG Screened Index before fees and expenses.

CRAM —No data

Why people hold it

• CHPS At 0.15%, one of the cheapest doors into chips. SMH and SOXX each charge more than double.
• Global mandate, so foreign foundries and equipment makers are in scope, not just the US-listed marquee names.
• The ESG screen sits inside the index itself: the chip universe gets filtered before the portfolio is built.
• Simple plumbing. Roughly 50 holdings, one published index, cash paid out quarterly.

CRAM —No data

Worth knowing

• CHPS Trades thinly next to SMH and SOXX. Spreads can be wider, and size takes more care to get filled.
• Launched in 2023, so the record is short against chip funds that have lived through several boom-bust cycles.
• The screen excludes some chip companies outright, so the lineup can look different from unscreened rivals.

CRAM —No data

Full CHPS profile⁠

Full CRAM profile⁠