BCTK vs. CHAT

Last updated Jun 24, 2026

BCTK (Baron Technology ETF) and CHAT (Roundhill Generative AI & Technology ETF) are both Technology Equities funds. Both are actively managed. Their correlation of 0.87 suggests significant overlap in exposure. Both charge a 0.75% expense ratio.

Performance

BCTK vs. CHAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baron Technology ETF (BCTK) 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, BCTK achieves a 20.77% return, which is significantly lower than CHAT's 63.45% return.

BCTK

• 1D: -4.03%
• 1M: 1.94%
• YTD: 20.77%
• 6M: 18.48%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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)

BCTK vs. CHAT - Yearly Performance Comparison

	2026 (YTD)	2025
BCTK Baron Technology ETF	20.77%	0.84%
CHAT Roundhill Generative AI & Technology ETF	63.45%	1.66%

Correlation

The correlation between BCTK and CHAT is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 15, 2025	0.87

Return for Risk

BCTK vs. CHAT — Risk / Return Rank

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

BCTK

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

BCTK vs. CHAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Baron Technology ETF (BCTK) 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.

	BCTK	CHAT	Difference
Sharpe ratio: Return per unit of total volatility	—	3.34	—
Sortino ratio: Return per unit of downside risk	—	3.54	—
Omega ratio: Gain probability vs. loss probability	—	1.49	—
Calmar ratio: Return relative to maximum drawdown	—	7.14	—
Martin ratio: Return relative to average drawdown	—	19.81	—

Drawdowns

BCTK vs. CHAT - Drawdown Comparison

The maximum BCTK drawdown since its inception was -13.96%, smaller than the maximum CHAT drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for BCTK and CHAT.

Drawdown Indicators

	BCTK	CHAT	Difference
Max Drawdown Largest peak-to-trough decline	-13.96%	-31.34%	+17.38%
Max Drawdown (1Y) Largest decline over 1 year	—	-16.28%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-31.34%	—
Current Drawdown Current decline from peak	-5.96%	-7.40%	+1.44%
Average Drawdown Average peak-to-trough decline	-3.18%	-5.38%	+2.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.86%	—

Volatility

Volatility by Period

	BCTK	CHAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	19.25%	—
Volatility (6M) Calculated over the trailing 6-month period	—	29.60%	—
Volatility (1Y) Calculated over the trailing 1-year period	30.13%	34.87%	-4.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.13%	31.22%	-1.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.13%	31.22%	-1.09%

BCTK vs. CHAT - Expense Ratio Comparison

Both BCTK and CHAT have an expense ratio of 0.75%.

Dividends

BCTK vs. CHAT - Dividend Comparison

BCTK has not paid dividends to shareholders, while CHAT's dividend yield for the trailing twelve months is around 1.74%.

Position	TTM	2025
BCTK Baron Technology ETF	0.00%	0.00%
CHAT Roundhill Generative AI & Technology ETF	1.74%	2.85%

Frequently Asked Questions

Can I hold both BCTK and CHAT in my portfolio?

BCTK and CHAT have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BCTK or CHAT?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BCTK or CHAT?

BCTK and CHAT have the same expense ratio: 0.75% per year.

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

CHAT has the higher dividend yield at 1.74%, compared with 0.00% for BCTK.

What is the main difference between BCTK and CHAT?

They also come from different issuers: Baron Capital and Roundhill.