AIVC vs. CHAT

Last updated Jun 24, 2026

AIVC (Amplify Bloomberg AI Value Chain ETF) and CHAT (Roundhill Generative AI & Technology ETF) are both Technology Equities funds. AIVC is passively managed, while CHAT is actively managed. Over the past 3 years, AIVC returned 48.25%/yr vs 51.32%/yr for CHAT. Their correlation of 0.85 suggests significant overlap in exposure. AIVC charges 0.59%/yr vs 0.75%/yr for CHAT.

Performance

AIVC vs. CHAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Bloomberg AI Value Chain ETF (AIVC) and Roundhill Generative AI & Technology ETF (CHAT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with AIVC having a 66.45% return and CHAT slightly lower at 63.45%.

AIVC

• 1D: -4.78%
• 1M: 7.56%
• YTD: 66.45%
• 6M: 65.87%
• 1Y: 125.43%
• 3Y*: 48.25%
• 5Y*: 16.85%
• 10Y*: 16.72%

CHAT

• 1D: -7.40%
• 1M: 7.27%
• YTD: 63.45%
• 6M: 62.78%
• 1Y: 115.67%
• 3Y*: 51.32%
• 5Y*: —
• 10Y*: —

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

AIVC vs. CHAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AIVC Amplify Bloomberg AI Value Chain ETF	66.45%	39.94%	18.22%	27.94%
CHAT Roundhill Generative AI & Technology ETF	63.45%	49.85%	30.98%	21.04%

Correlation

The correlation between AIVC and CHAT is 0.90, 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	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.85
Correlation (All Time) Calculated using the full available price history since May 18, 2023	0.85

The correlation between AIVC and CHAT has been stable across timeframes, ranging from 0.85 to 0.90 - a consistent structural relationship.

AIVC vs. CHAT - Sectors Allocation Comparison

Sectors	AIVC	CHAT
Technology	91.8%	77.8%
Communication Services	4.8%	16.1%
Consumer Cyclical	2.9%	2.4%
Financial Services	0.4%	0.0%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	3.5%
Real Estate	-	-
Utilities	-	-

Return for Risk

AIVC vs. CHAT — Risk / Return Rank

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

AIVC

AIVC Risk / Return Rank: 94
AIVC Sharpe Ratio Rank: 96
AIVC Sortino Ratio Rank: 91
AIVC Omega Ratio Rank: 91
AIVC Calmar Ratio Rank: 96
AIVC Martin Ratio Rank: 95

CHAT

CHAT Risk / Return Rank: 89
CHAT Sharpe Ratio Rank: 94
CHAT Sortino Ratio Rank: 84
CHAT Omega Ratio Rank: 85
CHAT Calmar Ratio Rank: 95
CHAT Martin Ratio Rank: 90

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.

AIVC vs. CHAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Bloomberg AI Value Chain ETF (AIVC) 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.

	AIVC	CHAT	Difference
Sharpe ratio: Return per unit of total volatility	3.91	3.34	+0.57
Sortino ratio: Return per unit of downside risk	4.06	3.54	+0.53
Omega ratio: Gain probability vs. loss probability	1.55	1.49	+0.05
Calmar ratio: Return relative to maximum drawdown	8.94	7.14	+1.80
Martin ratio: Return relative to average drawdown	27.60	19.81	+7.79

AIVC vs. CHAT - Sharpe Ratio Comparison

The current AIVC Sharpe Ratio is 3.91, which is comparable to the CHAT Sharpe Ratio of 3.34. The chart below compares the historical Sharpe Ratios of AIVC 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

AIVC vs. CHAT - Drawdown Comparison

The maximum AIVC drawdown since its inception was -56.11%, which is greater than CHAT's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for AIVC and CHAT.

Drawdown Indicators

	AIVC	CHAT	Difference
Max Drawdown Largest peak-to-trough decline	-56.11%	-31.34%	-24.77%
Max Drawdown (1Y) Largest decline over 1 year	-14.11%	-16.28%	+2.17%
Max Drawdown (3Y) Largest decline over 3 years	-32.55%	-31.34%	-1.21%
Max Drawdown (5Y) Largest decline over 5 years	-53.58%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-56.11%	—	—
Current Drawdown Current decline from peak	-8.48%	-7.40%	-1.08%
Average Drawdown Average peak-to-trough decline	-16.38%	-5.38%	-11.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.56%	5.86%	-1.30%

Volatility

AIVC vs. CHAT - Volatility Comparison

The current volatility for Amplify Bloomberg AI Value Chain ETF (AIVC) is 15.81%, while Roundhill Generative AI & Technology ETF (CHAT) has a volatility of 19.25%. This indicates that AIVC 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

	AIVC	CHAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.81%	19.25%	-3.44%
Volatility (6M) Calculated over the trailing 6-month period	26.60%	29.60%	-3.00%
Volatility (1Y) Calculated over the trailing 1-year period	32.28%	34.87%	-2.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.73%	31.22%	-0.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.16%	31.22%	-4.06%

AIVC vs. CHAT - Expense Ratio Comparison

AIVC has a 0.59% expense ratio, which is lower than CHAT's 0.75% expense ratio.

Dividends

AIVC vs. CHAT - Dividend Comparison

AIVC's dividend yield for the trailing twelve months is around 0.10%, less than CHAT's 1.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
AIVC Amplify Bloomberg AI Value Chain ETF	0.10%	0.17%	0.21%	0.00%	0.00%	0.00%	0.39%	1.16%	0.38%	0.92%	0.64%
CHAT Roundhill Generative AI & Technology ETF	1.74%	2.85%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AIVC and CHAT in my portfolio?

AIVC and CHAT have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AIVC or CHAT?

CHAT has higher volatility (19.25%) compared to AIVC (15.81%). In terms of maximum drawdown, AIVC dropped -56.11% vs CHAT's -31.34%.

Which ETF is better, AIVC or CHAT?

On 3-year performance, CHAT leads with 51.32% vs 48.25% for AIVC. On fees, AIVC is cheaper at 0.59% per year. On volatility, AIVC has been the lower-risk option at 15.81%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AIVC or CHAT?

Over the 3-year period, CHAT has performed better with a 51.32% return vs 48.25%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AIVC or CHAT?

AIVC is cheaper with a 0.59% expense ratio, compared with 0.75% for CHAT.

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

CHAT has the higher dividend yield at 1.74%, compared with 0.10% for AIVC.

What is the main difference between AIVC and CHAT?

They also come from different issuers: Amplify and Roundhill. Their fees differ too: 0.59% for AIVC and 0.75% for CHAT.

Which has better risk-adjusted returns?

AIVC currently has the higher Sharpe Ratio (3.91 vs 3.34), 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.