AIQ vs. CHAT

Last updated Jun 18, 2026

AIQ (Global X Artificial Intelligence & Technology ETF) and CHAT (Roundhill Generative AI & Technology ETF) are both Technology Equities funds. AIQ is passively managed, while CHAT is actively managed. Over the past 3 years, AIQ returned 31.70%/yr vs 49.37%/yr for CHAT. Their correlation of 0.92 suggests significant overlap in exposure. AIQ charges 0.68%/yr vs 0.75%/yr for CHAT.

Performance

AIQ vs. CHAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Artificial Intelligence & Technology ETF (AIQ) and Roundhill Generative AI & Technology ETF (CHAT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AIQ achieves a 26.48% return, which is significantly lower than CHAT's 64.30% return.

AIQ

• 1D: -0.48%
• 1M: 5.95%
• YTD: 26.48%
• 6M: 31.48%
• 1Y: 53.73%
• 3Y*: 31.70%
• 5Y*: 17.07%
• 10Y*: —

CHAT

• 1D: 1.24%
• 1M: 15.07%
• YTD: 64.30%
• 6M: 75.01%
• 1Y: 116.55%
• 3Y*: 49.37%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AIQ vs. CHAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AIQ Global X Artificial Intelligence & Technology ETF	26.48%	31.89%	24.11%	26.86%
CHAT Roundhill Generative AI & Technology ETF	64.30%	49.85%	30.98%	21.04%

Correlation

The correlation between AIQ and CHAT is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.89
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (All Time) Calculated using the full available price history since May 18, 2023	0.92

The correlation between AIQ and CHAT has been stable across timeframes, ranging from 0.89 to 0.92 - a consistent structural relationship.

AIQ vs. CHAT - Sectors Allocation Comparison

Sectors	AIQ	CHAT
Technology	77.4%	76.9%
Communication Services	11.0%	16.7%
Consumer Cyclical	7.2%	5.6%
Industrials	3.4%	0.9%
Financial Services	0.5%	0.0%
Healthcare	0.4%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

AIQ vs. CHAT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AIQ

AIQ Risk / Return Rank: 65
AIQ Sharpe Ratio Rank: 70
AIQ Sortino Ratio Rank: 60
AIQ Omega Ratio Rank: 65
AIQ Calmar Ratio Rank: 70
AIQ Martin Ratio Rank: 63

CHAT

CHAT Risk / Return Rank: 92
CHAT Sharpe Ratio Rank: 95
CHAT Sortino Ratio Rank: 88
CHAT Omega Ratio Rank: 89
CHAT Calmar Ratio Rank: 95
CHAT Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AIQ vs. CHAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Artificial Intelligence & Technology ETF (AIQ) and Roundhill Generative AI & Technology ETF (CHAT). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AIQ	CHAT	Difference
Sharpe ratio: Return per unit of total volatility	2.10	3.49	-1.39
Sortino ratio: Return per unit of downside risk	2.64	3.72	-1.08
Omega ratio: Gain probability vs. loss probability	1.36	1.51	-0.15
Calmar ratio: Return relative to maximum drawdown	3.28	7.20	-3.92
Martin ratio: Return relative to average drawdown	10.65	20.03	-9.38

AIQ vs. CHAT - Sharpe Ratio Comparison

The current AIQ Sharpe Ratio is 2.10, which is lower than the CHAT Sharpe Ratio of 3.49. The chart below compares the historical Sharpe Ratios of AIQ and CHAT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AIQ vs. CHAT - Drawdown Comparison

The maximum AIQ drawdown since its inception was -44.66%, which is greater than CHAT's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for AIQ and CHAT.

Drawdown Indicators

	AIQ	CHAT	Difference
Max Drawdown Largest peak-to-trough decline	-44.66%	-31.34%	-13.32%
Max Drawdown (1Y) Largest decline over 1 year	-16.47%	-16.28%	-0.19%
Max Drawdown (3Y) Largest decline over 3 years	-26.35%	-31.34%	+4.99%
Max Drawdown (5Y) Largest decline over 5 years	-44.66%	—	—
Current Drawdown Current decline from peak	-8.28%	-6.36%	-1.92%
Average Drawdown Average peak-to-trough decline	-9.79%	-5.39%	-4.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.06%	5.84%	-0.78%

Volatility

AIQ vs. CHAT - Volatility Comparison

The current volatility for Global X Artificial Intelligence & Technology ETF (AIQ) is 13.58%, while Roundhill Generative AI & Technology ETF (CHAT) has a volatility of 16.94%. This indicates that AIQ experiences smaller price fluctuations and is considered to be less risky than CHAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIQ	CHAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.58%	16.94%	-3.36%
Volatility (6M) Calculated over the trailing 6-month period	21.73%	28.23%	-6.50%
Volatility (1Y) Calculated over the trailing 1-year period	25.69%	33.57%	-7.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.83%	30.81%	-4.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.75%	30.81%	-5.06%

AIQ vs. CHAT - Expense Ratio Comparison

AIQ has a 0.68% expense ratio, which is lower than CHAT's 0.75% expense ratio.

Dividends

AIQ vs. CHAT - Dividend Comparison

AIQ's dividend yield for the trailing twelve months is around 0.15%, less than CHAT's 1.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
AIQ Global X Artificial Intelligence & Technology ETF	0.15%	0.18%	0.14%	0.16%	0.56%	0.15%	0.50%	0.51%	0.51%
CHAT Roundhill Generative AI & Technology ETF	1.74%	2.85%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AIQ and CHAT in my portfolio?

AIQ and CHAT have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AIQ or CHAT?

CHAT has higher volatility (16.94%) compared to AIQ (13.58%). In terms of maximum drawdown, AIQ dropped -44.66% vs CHAT's -31.34%.

Which ETF is better, AIQ or CHAT?

On 3-year performance, CHAT leads with 49.37% vs 31.70% for AIQ. On fees, AIQ is cheaper at 0.68% per year. On volatility, AIQ has been the lower-risk option at 13.58%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AIQ or CHAT?

Over the 3-year period, CHAT has performed better with a 49.37% return vs 31.70%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AIQ or CHAT?

AIQ is cheaper with a 0.68% expense ratio, compared with 0.75% for CHAT.

Which ETF pays a higher dividend yield, AIQ or CHAT?

CHAT has the higher dividend yield at 1.74%, compared with 0.15% for AIQ.

What is the main difference between AIQ and CHAT?

They also come from different issuers: Global X and Roundhill. Their fees differ too: 0.68% for AIQ and 0.75% for CHAT.

Which has better risk-adjusted returns?

CHAT currently has the higher Sharpe Ratio (3.49 vs 2.10), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.