AMZW vs. CHAT

Last updated Jun 25, 2026

AMZW (Roundhill AMZN WeeklyPay ETF) and CHAT (Roundhill Generative AI & Technology ETF) are both exchange-traded funds - AMZW is a Derivative Income fund actively managed by Roundhill, while CHAT is a Technology Equities fund actively managed by Roundhill. Both are actively managed. Over the past year, AMZW returned 6.63% vs 107.18% for CHAT. At a 0.49 correlation, their price movements are largely independent. AMZW charges 0.99%/yr vs 0.75%/yr for CHAT.

Performance

AMZW vs. CHAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill AMZN WeeklyPay ETF (AMZW) 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, AMZW achieves a -0.73% return, which is significantly lower than CHAT's 62.42% return.

AMZW

• 1D: -0.20%
• 1M: -14.89%
• YTD: -0.73%
• 6M: -1.71%
• 1Y: 6.63%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CHAT

• 1D: -0.63%
• 1M: 6.59%
• YTD: 62.42%
• 6M: 61.25%
• 1Y: 107.18%
• 3Y*: 51.00%
• 5Y*: —
• 10Y*: —

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

AMZW vs. CHAT - Yearly Performance Comparison

	2026 (YTD)	2025
AMZW Roundhill AMZN WeeklyPay ETF	-0.73%	7.33%
CHAT Roundhill Generative AI & Technology ETF	62.42%	31.80%

Correlation

The correlation between AMZW and CHAT is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (All Time) Calculated using the full available price history since Jun 18, 2025	0.49

AMZW vs. CHAT - Sectors Allocation Comparison

Sectors	AMZW	CHAT
Consumer Cyclical	24.5%	2.4%
Basic Materials	-	-
Communication Services	-	16.1%
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	0.0%
Healthcare	-	-
Industrials	-	3.5%
Real Estate	-	-
Technology	-	77.8%
Utilities	-	-

Return for Risk

AMZW vs. CHAT — Risk / Return Rank

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

AMZW

AMZW Risk / Return Rank: 12
AMZW Sharpe Ratio Rank: 11
AMZW Sortino Ratio Rank: 12
AMZW Omega Ratio Rank: 12
AMZW Calmar Ratio Rank: 12
AMZW Martin Ratio Rank: 11

CHAT

CHAT Risk / Return Rank: 89
CHAT Sharpe Ratio Rank: 94
CHAT Sortino Ratio Rank: 84
CHAT Omega Ratio Rank: 86
CHAT Calmar Ratio Rank: 94
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.

AMZW vs. CHAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill AMZN WeeklyPay ETF (AMZW) 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.

	AMZW	CHAT	Difference
Sharpe ratio: Return per unit of total volatility	0.18	3.10	-2.92
Sortino ratio: Return per unit of downside risk	0.52	3.36	-2.84
Omega ratio: Gain probability vs. loss probability	1.06	1.47	-0.40
Calmar ratio: Return relative to maximum drawdown	0.25	6.62	-6.37
Martin ratio: Return relative to average drawdown	0.56	18.29	-17.73

AMZW vs. CHAT - Sharpe Ratio Comparison

The current AMZW Sharpe Ratio is 0.18, which is lower than the CHAT Sharpe Ratio of 3.10. The chart below compares the historical Sharpe Ratios of AMZW 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

AMZW vs. CHAT - Drawdown Comparison

The maximum AMZW drawdown since its inception was -26.79%, smaller than the maximum CHAT drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for AMZW and CHAT.

Drawdown Indicators

	AMZW	CHAT	Difference
Max Drawdown Largest peak-to-trough decline	-26.79%	-31.34%	+4.55%
Max Drawdown (1Y) Largest decline over 1 year	-26.79%	-16.28%	-10.51%
Max Drawdown (3Y) Largest decline over 3 years	—	-31.34%	—
Current Drawdown Current decline from peak	-18.25%	-7.99%	-10.26%
Average Drawdown Average peak-to-trough decline	-9.19%	-5.39%	-3.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.87%	5.88%	+5.99%

Volatility

AMZW vs. CHAT - Volatility Comparison

The current volatility for Roundhill AMZN WeeklyPay ETF (AMZW) is 12.09%, while Roundhill Generative AI & Technology ETF (CHAT) has a volatility of 19.26%. This indicates that AMZW 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

	AMZW	CHAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.09%	19.26%	-7.17%
Volatility (6M) Calculated over the trailing 6-month period	26.19%	29.49%	-3.30%
Volatility (1Y) Calculated over the trailing 1-year period	37.44%	34.88%	+2.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.27%	31.21%	+6.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.27%	31.21%	+6.06%

AMZW vs. CHAT - Expense Ratio Comparison

AMZW has a 0.99% expense ratio, which is higher than CHAT's 0.75% expense ratio.

Dividends

AMZW vs. CHAT - Dividend Comparison

AMZW's dividend yield for the trailing twelve months is around 49.16%, more than CHAT's 1.76% yield.

Position	TTM	2025
AMZW Roundhill AMZN WeeklyPay ETF	49.16%	25.29%
CHAT Roundhill Generative AI & Technology ETF	1.76%	2.85%

Frequently Asked Questions

Can I hold both AMZW and CHAT in my portfolio?

AMZW and CHAT have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AMZW or CHAT?

CHAT has higher volatility (19.26%) compared to AMZW (12.09%). In terms of maximum drawdown, AMZW dropped -26.79% vs CHAT's -31.34%.

Which ETF is better, AMZW or CHAT?

On 1-year performance, CHAT leads with 107.18% vs 6.63% for AMZW. On fees, CHAT is cheaper at 0.75% per year. On volatility, AMZW has been the lower-risk option at 12.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AMZW or CHAT?

Over the 1-year period, CHAT has performed better with a 107.18% return vs 6.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AMZW or CHAT?

CHAT is cheaper with a 0.75% expense ratio, compared with 0.99% for AMZW.

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

AMZW has the higher dividend yield at 49.16%, compared with 1.76% for CHAT.

What is the main difference between AMZW and CHAT?

AMZW is categorized as Derivative Income, while CHAT is Technology Equities. Their fees differ too: 0.99% for AMZW and 0.75% for CHAT.

Which has better risk-adjusted returns?

CHAT currently has the higher Sharpe Ratio (3.10 vs 0.18), 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.