AVDV vs. CHAT

Last updated Jun 13, 2026

AVDV (Avantis International Small Cap Value ETF) and CHAT (Roundhill Generative AI & Technology ETF) are both exchange-traded funds - AVDV is a Foreign Small & Mid Cap Equities fund actively managed by Avantis, while CHAT is a Technology Equities fund actively managed by Roundhill. Both are actively managed. Over the past 3 years, AVDV returned 26.72%/yr vs 48.02%/yr for CHAT. A 0.52 correlation means they provide meaningful diversification when combined. AVDV charges 0.36%/yr vs 0.75%/yr for CHAT.

Performance

AVDV vs. CHAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis International Small Cap Value ETF (AVDV) 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, AVDV achieves a 14.99% return, which is significantly lower than CHAT's 57.97% return.

AVDV

• 1D: 0.89%
• 1M: -1.95%
• YTD: 14.99%
• 6M: 17.18%
• 1Y: 40.93%
• 3Y*: 26.72%
• 5Y*: 13.63%
• 10Y*: —

CHAT

• 1D: 0.77%
• 1M: 5.15%
• YTD: 57.97%
• 6M: 60.59%
• 1Y: 109.99%
• 3Y*: 48.02%
• 5Y*: —
• 10Y*: —

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

AVDV vs. CHAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AVDV Avantis International Small Cap Value ETF	14.99%	49.37%	8.67%	10.11%
CHAT Roundhill Generative AI & Technology ETF	57.97%	49.85%	30.98%	21.04%

Correlation

The correlation between AVDV and CHAT is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.54
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (All Time) Calculated using the full available price history since May 18, 2023	0.52

The correlation between AVDV and CHAT has been stable across timeframes, ranging from 0.52 to 0.54 - a consistent structural relationship.

AVDV vs. CHAT - Sectors Allocation Comparison

Sectors	AVDV	CHAT
Basic Materials	22.5%	-
Industrials	21.3%	0.8%
Consumer Cyclical	14.4%	5.6%
Financial Services	13.7%	0.0%
Energy	10.8%	-
Technology	6.4%	76.5%
Consumer Defensive	3.4%	-
Healthcare	2.1%	-
Communication Services	2.0%	16.6%
Utilities	1.7%	-
Real Estate	1.1%	-

Return for Risk

AVDV vs. CHAT — Risk / Return Rank

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

AVDV

AVDV Risk / Return Rank: 81
AVDV Sharpe Ratio Rank: 88
AVDV Sortino Ratio Rank: 86
AVDV Omega Ratio Rank: 86
AVDV Calmar Ratio Rank: 71
AVDV Martin Ratio Rank: 76

CHAT

CHAT Risk / Return Rank: 92
CHAT Sharpe Ratio Rank: 95
CHAT Sortino Ratio Rank: 89
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.

AVDV vs. CHAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis International Small Cap Value ETF (AVDV) 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.

	AVDV	CHAT	Difference
Sharpe ratio: Return per unit of total volatility	2.53	3.34	-0.80
Sortino ratio: Return per unit of downside risk	3.36	3.60	-0.24
Omega ratio: Gain probability vs. loss probability	1.46	1.50	-0.04
Calmar ratio: Return relative to maximum drawdown	3.12	6.79	-3.68
Martin ratio: Return relative to average drawdown	12.44	19.03	-6.58

AVDV vs. CHAT - Sharpe Ratio Comparison

The current AVDV Sharpe Ratio is 2.53, which is comparable to the CHAT Sharpe Ratio of 3.34. The chart below compares the historical Sharpe Ratios of AVDV 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

AVDV vs. CHAT - Drawdown Comparison

The maximum AVDV drawdown since its inception was -43.01%, which is greater than CHAT's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for AVDV and CHAT.

Drawdown Indicators

	AVDV	CHAT	Difference
Max Drawdown Largest peak-to-trough decline	-43.01%	-31.34%	-11.67%
Max Drawdown (1Y) Largest decline over 1 year	-13.19%	-16.28%	+3.09%
Max Drawdown (3Y) Largest decline over 3 years	-14.17%	-31.34%	+17.17%
Max Drawdown (5Y) Largest decline over 5 years	-28.08%	—	—
Current Drawdown Current decline from peak	-2.24%	-9.97%	+7.73%
Average Drawdown Average peak-to-trough decline	-6.76%	-5.39%	-1.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.30%	5.80%	-2.50%

Volatility

AVDV vs. CHAT - Volatility Comparison

The current volatility for Avantis International Small Cap Value ETF (AVDV) is 6.26%, while Roundhill Generative AI & Technology ETF (CHAT) has a volatility of 16.40%. This indicates that AVDV 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

	AVDV	CHAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.26%	16.40%	-10.14%
Volatility (6M) Calculated over the trailing 6-month period	13.88%	28.00%	-14.12%
Volatility (1Y) Calculated over the trailing 1-year period	16.25%	33.14%	-16.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.41%	30.65%	-13.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.77%	30.65%	-10.88%

AVDV vs. CHAT - Expense Ratio Comparison

AVDV has a 0.36% expense ratio, which is lower than CHAT's 0.75% expense ratio.

Dividends

AVDV vs. CHAT - Dividend Comparison

AVDV's dividend yield for the trailing twelve months is around 4.11%, more than CHAT's 1.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AVDV Avantis International Small Cap Value ETF	4.11%	3.05%	4.31%	3.29%	3.17%	2.39%	1.67%	0.36%
CHAT Roundhill Generative AI & Technology ETF	1.80%	2.85%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AVDV and CHAT in my portfolio?

AVDV and CHAT have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVDV or CHAT?

CHAT has higher volatility (16.40%) compared to AVDV (6.26%). In terms of maximum drawdown, AVDV dropped -43.01% vs CHAT's -31.34%.

Which ETF is better, AVDV or CHAT?

On 3-year performance, CHAT leads with 48.02% vs 26.72% for AVDV. On fees, AVDV is cheaper at 0.36% per year. On volatility, AVDV has been the lower-risk option at 6.26%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVDV or CHAT?

Over the 3-year period, CHAT has performed better with a 48.02% return vs 26.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVDV or CHAT?

AVDV is cheaper with a 0.36% expense ratio, compared with 0.75% for CHAT.

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

AVDV has the higher dividend yield at 4.11%, compared with 1.80% for CHAT.

What is the main difference between AVDV and CHAT?

AVDV is categorized as Foreign Small & Mid Cap Equities, while CHAT is Technology Equities. They also come from different issuers: Avantis and Roundhill. Their fees differ too: 0.36% for AVDV and 0.75% for CHAT.

Which has better risk-adjusted returns?

CHAT currently has the higher Sharpe Ratio (3.34 vs 2.53), 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.