AVIE vs. CHAT

Last updated Aug 4, 2026

AVIE (Avantis Inflation Focused Equity ETF) and CHAT (Roundhill Generative AI & Technology ETF) are both exchange-traded funds - AVIE is a Large Cap Blend Equities fund actively managed by Avantis, while CHAT is a Artificial Intelligence fund actively managed by Roundhill. Both are actively managed. Over the past 3 years, AVIE returned 12.51%/yr vs 43.86%/yr for CHAT. Their 0.11 correlation means their historical movements had little consistent relationship. AVIE charges 0.25%/yr vs 0.75%/yr for CHAT.

Performance

AVIE vs. CHAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis Inflation Focused Equity ETF (AVIE) 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, AVIE achieves a 17.73% return, which is significantly lower than CHAT's 44.67% return.

AVIE

• 1D: -0.57%
• 1M: 1.80%
• 6M: 11.12%
• YTD: 17.73%
• 1Y: 31.22%
• 3Y*: 12.51%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 14.28%

CHAT

• 1D: 4.08%
• 1M: -3.93%
• 6M: 36.65%
• YTD: 44.67%
• 1Y: 75.75%
• 3Y*: 43.86%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 46.88%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AVIE Avantis Inflation Focused Equity ETF	$128.23K	$114.60K	$100.90K
CHAT Roundhill Generative AI & Technology ETF	$62.52M	$56.73M	$66.46M

AVIE vs. CHAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AVIE Avantis Inflation Focused Equity ETF	17.73%	11.37%	6.17%	8.41%
CHAT Roundhill Generative AI & Technology ETF	44.67%	49.85%	30.98%	21.04%

Correlation

The correlation between AVIE and CHAT is -0.13, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.13
Correlation (3Y) Balances recent behavior with more history.	0.11
Correlation (All Time) Calculated using the full available price history since May 18, 2023	0.11

The correlation between AVIE and CHAT shifts across timeframes, from -0.13 (1 year) to 0.11 (3 years), reflecting how their relationship changes across market environments.

AVIE vs. CHAT - Sectors Allocation Comparison

Sectors	AVIE	CHAT
Healthcare	29.6%	-
Energy	26.5%	-
Consumer Defensive	16.9%	-
Financial Services	15.7%	0.0%
Basic Materials	9.0%	-
Industrials	1.7%	3.6%
Real Estate	0.5%	-
Consumer Cyclical	0.1%	2.3%
Technology	0.1%	78.9%
Utilities	0.0%	-
Communication Services	-	15.2%

Return for Risk

AVIE vs. CHAT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AVIE

AVIE Risk / Return Rank: 96
AVIE Sharpe Ratio Rank: 96
AVIE Sortino Ratio Rank: 96
AVIE Omega Ratio Rank: 95
AVIE Calmar Ratio Rank: 96
AVIE Martin Ratio Rank: 95

CHAT

CHAT Risk / Return Rank: 76
CHAT Sharpe Ratio Rank: 82
CHAT Sortino Ratio Rank: 72
CHAT Omega Ratio Rank: 74
CHAT Calmar Ratio Rank: 76
CHAT Martin Ratio Rank: 74

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AVIE vs. CHAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis Inflation Focused Equity ETF (AVIE) 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.

	AVIE	CHAT	Difference
Sharpe ratio: Return per unit of total volatility	3.15	1.94	+1.20
Sortino ratio: Return per unit of downside risk	4.59	2.36	+2.23
Omega ratio: Gain probability vs. loss probability	1.56	1.31	+0.25
Calmar ratio: Return relative to maximum drawdown	6.31	2.69	+3.63
Martin ratio: Return relative to average drawdown	21.51	9.40	+12.11

AVIE vs. CHAT - Sharpe Ratio Comparison

The current AVIE Sharpe Ratio is 3.15, which is higher than the CHAT Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of AVIE 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

AVIE vs. CHAT - Drawdown Comparison

The maximum AVIE drawdown since its inception was -12.39%, smaller than the maximum CHAT drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for AVIE and CHAT.

Drawdown Indicators

	AVIE	CHAT	Difference
Max Drawdown Largest peak-to-trough decline	-12.39%	-31.34%	+18.95%
Max Drawdown (1Y) Largest decline over 1 year	-4.97%	-28.34%	+23.37%
Max Drawdown (3Y) Largest decline over 3 years	-12.39%	-31.34%	+18.95%
Current Drawdown Current decline from peak	-1.45%	-18.04%	+16.59%
Average Drawdown Average peak-to-trough decline	-2.93%	-5.75%	+2.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.46%	8.09%	-6.63%

Volatility

AVIE vs. CHAT - Volatility Comparison

The current volatility for Avantis Inflation Focused Equity ETF (AVIE) is 3.03%, while Roundhill Generative AI & Technology ETF (CHAT) has a volatility of 16.63%. This indicates that AVIE 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

	AVIE	CHAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.03%	16.63%	-13.60%
Volatility (6M) Calculated over the trailing 6-month period	7.50%	34.48%	-26.98%
Volatility (1Y) Calculated over the trailing 1-year period	9.99%	39.30%	-29.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.85%	32.47%	-19.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.85%	32.47%	-19.62%

AVIE vs. CHAT - Expense Ratio Comparison

AVIE has a 0.25% expense ratio, which is lower than CHAT's 0.75% expense ratio.

Dividends

AVIE vs. CHAT - Dividend Comparison

AVIE's dividend yield for the trailing twelve months is around 1.41%, less than CHAT's 1.97% yield.

Position	TTM	2025	2024	2023	2022
AVIE Avantis Inflation Focused Equity ETF	1.41%	1.75%	1.89%	3.72%	0.39%
CHAT Roundhill Generative AI & Technology ETF	1.97%	2.85%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AVIE and CHAT in my portfolio?

AVIE and CHAT have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVIE or CHAT?

CHAT has higher volatility (16.63%) compared to AVIE (3.03%). In terms of maximum drawdown, AVIE dropped -12.39% vs CHAT's -31.34%.

Which ETF is better, AVIE or CHAT?

On 3-year performance, CHAT leads with 43.86% vs 12.51% for AVIE. On fees, AVIE is cheaper at 0.25% per year. On volatility, AVIE has been the lower-risk option at 3.03%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVIE or CHAT?

Over the 3-year period, CHAT has performed better with a 43.86% return vs 12.51%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVIE or CHAT?

AVIE is cheaper with a 0.25% expense ratio, compared with 0.75% for CHAT.

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

CHAT has the higher dividend yield at 1.97%, compared with 1.41% for AVIE.

What is the main difference between AVIE and CHAT?

AVIE is categorized as Large Cap Blend Equities, while CHAT is Artificial Intelligence. They also come from different issuers: Avantis and Roundhill. Their fees differ too: 0.25% for AVIE and 0.75% for CHAT.

Which has better risk-adjusted returns?

AVIE currently has the higher Sharpe Ratio (3.15 vs 1.94), 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.