YieldMax Semiconductor Portfolio Option… (CHPY) Valuation
CHPY valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 39.1 trailing earnings
- Forward P/E
- 21.6 analyst estimates
- Price / sales
- 0.18
- Price / book
- 9.49
- EV / EBITDA
- 26.7
- Earnings yield
- 2.56% inverse of P/E
- Dividend yield
- 0.66% of the holdings
- Return on equity
- 24.3% combined
- Net margin
- 0.5% combined
- Beta
- 1.94 weighted, vs S&P 500
CHPY valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| CHPY | 39.1 | 21.6 | 0.18 | 9.49 | 0.66% | 24.3% | 0.5% | 5.8% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
CHPY valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 99.9% | 39.1 | 21.6 | 0.18 | 9.49 | 0.66% | 24.3% |
CHPY earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How CHPY weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
CHPY largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 6.97% | 27.1 | 24.9 | 17.1 | 0.47% | 10.07% |
| AMD | Advanced Micro Devices, Inc. | 6.33% | 134.9 | 39.5 | 20.9 | — | 1.83% |
| MRVL | Marvell Technology, Inc. | 5.83% | 72.3 | 62.1 | 21.7 | 0.11% | 3.15% |
| AVGO | Broadcom Inc. | 5.17% | 43.3 | 19.4 | 17.6 | 0.79% | 4.67% |
| MU | Micron Technology, Inc. | 4.94% | 11.8 | 7.0 | 7.5 | 0.07% | 16.33% |
| INTC | Intel Corporation | 4.52% | — | 63.3 | 8.3 | — | −4.17% |
| ASML | ASML Holding N.V. | 4.37% | 40.4 | 28.9 | 16.0 | 0.55% | 4.23% |
| UMC | United Microelectronics Corporation | 4.32% | 18.7 | 23.8 | 0.2 | 2.02% | 9.04% |
| LRCX | Lam Research Corporation | 4.22% | 45.8 | 33.7 | 14.2 | 0.50% | 3.60% |
| ASX | ASE Technology Holding Co., Ltd. | 4.14% | 47.1 | 12.3 | 0.1 | 1.06% | 3.44% |
| ALAB | Astera Labs, Inc. | 3.70% | 140.8 | 55.6 | 41.3 | — | 1.03% |
| TSM | Taiwan Semiconductor Manufacturing Company Limited | 3.57% | 26.7 | 21.4 | 0.4 | 0.91% | 5.22% |
| TXN | Texas Instruments Incorporated | 3.45% | 42.1 | 27.5 | 13.0 | 2.20% | 3.20% |
| ADI | Analog Devices, Inc. | 3.27% | 47.0 | 23.2 | 13.8 | 1.11% | 2.72% |
| ARM | Arm Holdings plc | 3.20% | 234.8 | 151.5 | 47.2 | — | 0.53% |
| KLAC | KLA Corporation | 3.07% | 45.3 | 34.8 | 15.9 | 0.56% | 2.65% |
| AMAT | Applied Materials, Inc. | 3.06% | 35.3 | 23.4 | 10.5 | 0.52% | 3.39% |
| QCOM | QUALCOMM Incorporated | 2.93% | 19.9 | 19.6 | 4.2 | 2.14% | 5.75% |
| NXPI | NXP Semiconductors N.V. | 2.84% | 19.6 | 12.9 | 4.4 | 1.77% | 5.66% |
| STM | STMicroelectronics N.V. | 2.80% | — | 20.0 | 3.1 | 0.79% | 0.10% |
| SKHY | SK Hynix Inc. American Depositary Shares | 2.60% | 8.7 | 5.4 | 0.0 | 0.08% | 11.66% |
| MCHP | Microchip Technology Incorporated | 2.59% | 108.6 | 20.5 | 7.8 | 2.46% | 0.93% |
| MPWR | Monolithic Power Systems, Inc. | 2.49% | 73.7 | 38.8 | 18.2 | 0.66% | 1.32% |
| SNPS | Synopsys, Inc. | 2.23% | 80.3 | 23.3 | 9.3 | — | 1.09% |
| TER | Teradyne, Inc. | 2.16% | 44.6 | 30.7 | 11.4 | 0.16% | 1.89% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About CHPY valuation
Adding up its 28 holdings with company data, CHPY trades at 39.1 times trailing earnings and 21.6 times analysts' forward estimates, with a price-to-book ratio of 9.49 and a dividend yield of 0.66%. Its earnings yield of 2.56% is 2.77 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 50.8% of the fund and earn 52.2% of its combined profit. Companies that lost money over the past year are 5.8% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 100.0% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: CHPY chart, CHPY performance, CHPY holdings, CHPY dividends.
CHPY valuation FAQ
What is the P/E ratio of CHPY?
Based on its holdings, CHPY has a trailing P/E of 39.1 and a forward P/E of 21.6 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of CHPY?
The trailing earnings yield is 2.56% (1 ÷ P/E) and the forward earnings yield 4.62%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is CHPY more expensive than the S&P 500?
CHPY trades at 39.1 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 21.6 and 19.9.
What is the price-to-book ratio of CHPY?
The holdings of CHPY trade at 9.49 times book value, with a combined return on equity of 24.3%.