BRKU vs. CHAT

Last updated Aug 1, 2026

BRKU (Direxion Daily BRKB Bull 2X Shares) and CHAT (Roundhill Generative AI & Technology ETF) are both exchange-traded funds - BRKU is a Leveraged Equities fund actively managed by Direxion, while CHAT is a Artificial Intelligence fund actively managed by Roundhill. Both are actively managed. Over the past year, BRKU returned 4.08% vs 68.87% for CHAT. Their -0.06 correlation means they have often moved in opposite directions in the past. BRKU charges 0.97%/yr vs 0.75%/yr for CHAT.

Performance

BRKU vs. CHAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily BRKB Bull 2X Shares (BRKU) 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, BRKU achieves a -3.12% return, which is significantly lower than CHAT's 39.01% return.

BRKU

• 1D: 0.99%
• 1M: 1.01%
• 6M: 6.89%
• YTD: -3.12%
• 1Y: 4.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -0.48%

CHAT

• 1D: 2.22%
• 1M: -7.69%
• 6M: 32.64%
• YTD: 39.01%
• 1Y: 68.87%
• 3Y*: 40.54%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 45.20%

*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)
BRKU Direxion Daily BRKB Bull 2X Shares	$1.38M	$1.61M	$3.31M
CHAT Roundhill Generative AI & Technology ETF	$58.63M	$57.19M	$67.40M

BRKU vs. CHAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BRKU Direxion Daily BRKB Bull 2X Shares	-3.12%	6.44%	-3.78%
CHAT Roundhill Generative AI & Technology ETF	39.01%	49.85%	-0.88%

Correlation

The correlation between BRKU and CHAT is -0.24, 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.	-0.24
Correlation (All Time) Calculated using the full available price history since Dec 11, 2024	-0.06

The correlation between BRKU and CHAT shifts across timeframes, from -0.24 (1 year) to -0.06 (all time), reflecting how their relationship changes across market environments.

Return for Risk

BRKU vs. CHAT — Risk / Return Rank

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

BRKU

BRKU Risk / Return Rank: 14
BRKU Sharpe Ratio Rank: 14
BRKU Sortino Ratio Rank: 15
BRKU Omega Ratio Rank: 14
BRKU Calmar Ratio Rank: 14
BRKU Martin Ratio Rank: 13

CHAT

CHAT Risk / Return Rank: 66
CHAT Sharpe Ratio Rank: 73
CHAT Sortino Ratio Rank: 63
CHAT Omega Ratio Rank: 64
CHAT Calmar Ratio Rank: 65
CHAT Martin Ratio Rank: 66

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.

BRKU vs. CHAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily BRKB Bull 2X Shares (BRKU) 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.

	BRKU	CHAT	Difference
Sharpe ratio: Return per unit of total volatility	0.14	1.63	-1.49
Sortino ratio: Return per unit of downside risk	0.40	2.08	-1.68
Omega ratio: Gain probability vs. loss probability	1.05	1.27	-0.22
Calmar ratio: Return relative to maximum drawdown	0.18	2.25	-2.07
Martin ratio: Return relative to average drawdown	0.34	7.96	-7.61

BRKU vs. CHAT - Sharpe Ratio Comparison

The current BRKU Sharpe Ratio is 0.14, which is lower than the CHAT Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of BRKU 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

BRKU vs. CHAT - Drawdown Comparison

The maximum BRKU drawdown since its inception was -35.37%, which is greater than CHAT's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for BRKU and CHAT.

Drawdown Indicators

	BRKU	CHAT	Difference
Max Drawdown Largest peak-to-trough decline	-35.37%	-31.34%	-4.03%
Max Drawdown (1Y) Largest decline over 1 year	-22.06%	-28.34%	+6.28%
Max Drawdown (3Y) Largest decline over 3 years	—	-31.34%	—
Current Drawdown Current decline from peak	-23.98%	-21.25%	-2.73%
Average Drawdown Average peak-to-trough decline	-19.76%	-5.73%	-14.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.67%	8.01%	+3.66%

Volatility

BRKU vs. CHAT - Volatility Comparison

The current volatility for Direxion Daily BRKB Bull 2X Shares (BRKU) is 8.98%, while Roundhill Generative AI & Technology ETF (CHAT) has a volatility of 16.74%. This indicates that BRKU 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

	BRKU	CHAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.98%	16.74%	-7.76%
Volatility (6M) Calculated over the trailing 6-month period	21.66%	34.39%	-12.73%
Volatility (1Y) Calculated over the trailing 1-year period	28.59%	39.18%	-10.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.97%	32.41%	+1.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.97%	32.41%	+1.56%

BRKU vs. CHAT - Expense Ratio Comparison

BRKU has a 0.97% expense ratio, which is higher than CHAT's 0.75% expense ratio.

Dividends

BRKU vs. CHAT - Dividend Comparison

BRKU's dividend yield for the trailing twelve months is around 2.47%, more than CHAT's 2.05% yield.

Position	TTM	2025
BRKU Direxion Daily BRKB Bull 2X Shares	2.47%	2.44%
CHAT Roundhill Generative AI & Technology ETF	2.05%	2.85%

Frequently Asked Questions

Can I hold both BRKU and CHAT in my portfolio?

BRKU and CHAT have a correlation of -0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BRKU or CHAT?

CHAT has higher volatility (16.74%) compared to BRKU (8.98%). In terms of maximum drawdown, BRKU dropped -35.37% vs CHAT's -31.34%.

Which ETF is better, BRKU or CHAT?

On 1-year performance, CHAT leads with 68.87% vs 4.08% for BRKU. On fees, CHAT is cheaper at 0.75% per year. On volatility, BRKU has been the lower-risk option at 8.98%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BRKU or CHAT?

Over the 1-year period, CHAT has performed better with a 68.87% return vs 4.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BRKU or CHAT?

CHAT is cheaper with a 0.75% expense ratio, compared with 0.97% for BRKU.

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

BRKU has the higher dividend yield at 2.47%, compared with 2.05% for CHAT.

What is the main difference between BRKU and CHAT?

BRKU is categorized as Leveraged Equities, while CHAT is Artificial Intelligence. They also come from different issuers: Direxion and Roundhill. Their fees differ too: 0.97% for BRKU and 0.75% for CHAT.

Which has better risk-adjusted returns?

CHAT currently has the higher Sharpe Ratio (1.63 vs 0.14), 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.