CHAT vs. ASMH

Last updated Jul 17, 2026

CHAT (Roundhill Generative AI & Technology ETF) and ASMH (ASML Holding NV ADR Hedged ETF) are both Technology Equities funds. CHAT is actively managed, while ASMH is passively managed. Over the past year, CHAT returned 73.94% vs 143.52% for ASMH. A 0.65 correlation means they provide meaningful diversification when combined. CHAT charges 0.75%/yr vs 0.19%/yr for ASMH.

Performance

CHAT vs. ASMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Generative AI & Technology ETF (CHAT) and ASML Holding NV ADR Hedged ETF (ASMH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CHAT achieves a 42.01% return, which is significantly lower than ASMH's 71.44% return.

CHAT

• 1D: -5.30%
• 1M: -12.49%
• 6M: 36.21%
• YTD: 42.01%
• 1Y: 73.94%
• 3Y*: 41.74%
• 5Y*: —
• 10Y*: —

ASMH

• 1D: -2.11%
• 1M: 0.25%
• 6M: 36.58%
• YTD: 71.44%
• 1Y: 143.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CHAT vs. ASMH - Yearly Performance Comparison

	2026 (YTD)	2025
CHAT Roundhill Generative AI & Technology ETF	42.01%	86.44%
ASMH ASML Holding NV ADR Hedged ETF	71.44%	59.22%

Correlation

The correlation between CHAT and ASMH is 0.67, 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	0.67
Correlation (All Time) Calculated using the full available price history since Apr 23, 2025	0.65

The correlation between CHAT and ASMH has been stable across timeframes, ranging from 0.65 to 0.67 - a consistent structural relationship.

Return for Risk

CHAT vs. ASMH — Risk / Return Rank

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

CHAT

CHAT Risk / Return Rank: 74
CHAT Sharpe Ratio Rank: 79
CHAT Sortino Ratio Rank: 64
CHAT Omega Ratio Rank: 68
CHAT Calmar Ratio Rank: 86
CHAT Martin Ratio Rank: 75

ASMH

ASMH Risk / Return Rank: 95
ASMH Sharpe Ratio Rank: 97
ASMH Sortino Ratio Rank: 93
ASMH Omega Ratio Rank: 89
ASMH Calmar Ratio Rank: 98
ASMH Martin Ratio Rank: 96

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.

CHAT vs. ASMH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Generative AI & Technology ETF (CHAT) and ASML Holding NV ADR Hedged ETF (ASMH). 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.

	CHAT	ASMH	Difference
Sharpe ratio: Return per unit of total volatility	2.00	3.37	-1.36
Sortino ratio: Return per unit of downside risk	2.39	3.73	-1.34
Omega ratio: Gain probability vs. loss probability	1.32	1.45	-0.13
Calmar ratio: Return relative to maximum drawdown	3.80	9.79	-5.98
Martin ratio: Return relative to average drawdown	11.13	28.17	-17.04

CHAT vs. ASMH - Sharpe Ratio Comparison

The current CHAT Sharpe Ratio is 2.00, which is lower than the ASMH Sharpe Ratio of 3.37. The chart below compares the historical Sharpe Ratios of CHAT and ASMH, 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

CHAT vs. ASMH - Drawdown Comparison

The maximum CHAT drawdown since its inception was -31.34%, which is greater than ASMH's maximum drawdown of -15.89%. Use the drawdown chart below to compare losses from any high point for CHAT and ASMH.

Drawdown Indicators

	CHAT	ASMH	Difference
Max Drawdown Largest peak-to-trough decline	-31.34%	-15.89%	-15.45%
Max Drawdown (1Y) Largest decline over 1 year	-19.54%	-14.75%	-4.79%
Max Drawdown (3Y) Largest decline over 3 years	-31.34%	—	—
Current Drawdown Current decline from peak	-19.54%	-10.51%	-9.03%
Average Drawdown Average peak-to-trough decline	-5.52%	-4.41%	-1.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.67%	5.17%	+1.50%

Volatility

CHAT vs. ASMH - Volatility Comparison

The current volatility for Roundhill Generative AI & Technology ETF (CHAT) is 16.90%, while ASML Holding NV ADR Hedged ETF (ASMH) has a volatility of 18.11%. This indicates that CHAT experiences smaller price fluctuations and is considered to be less risky than ASMH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CHAT	ASMH	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.90%	18.11%	-1.21%
Volatility (6M) Calculated over the trailing 6-month period	32.39%	34.14%	-1.75%
Volatility (1Y) Calculated over the trailing 1-year period	37.11%	43.78%	-6.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.83%	41.26%	-9.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.83%	41.26%	-9.43%

CHAT vs. ASMH - Expense Ratio Comparison

CHAT has a 0.75% expense ratio, which is higher than ASMH's 0.19% expense ratio.

Dividends

CHAT vs. ASMH - Dividend Comparison

CHAT's dividend yield for the trailing twelve months is around 2.01%, more than ASMH's 1.63% yield.

Position	TTM	2025
ASMH ASML Holding NV ADR Hedged ETF	1.63%	0.19%
CHAT Roundhill Generative AI & Technology ETF	2.01%	2.85%

Frequently Asked Questions

Can I hold both CHAT and ASMH in my portfolio?

CHAT and ASMH have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CHAT or ASMH?

ASMH has higher volatility (18.11%) compared to CHAT (16.90%). In terms of maximum drawdown, CHAT dropped -31.34% vs ASMH's -15.89%.

Which ETF is better, CHAT or ASMH?

On 1-year performance, ASMH leads with 143.52% vs 73.94% for CHAT. On fees, ASMH is cheaper at 0.19% per year. On volatility, CHAT has been the lower-risk option at 16.90%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CHAT or ASMH?

Over the 1-year period, ASMH has performed better with a 143.52% return vs 73.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CHAT or ASMH?

ASMH is cheaper with a 0.19% expense ratio, compared with 0.75% for CHAT.

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

CHAT has the higher dividend yield at 2.01%, compared with 1.63% for ASMH.

What is the main difference between CHAT and ASMH?

They also come from different issuers: Roundhill and Precidian Funds. Their fees differ too: 0.75% for CHAT and 0.19% for ASMH.

Which has better risk-adjusted returns?

ASMH currently has the higher Sharpe Ratio (3.37 vs 2.00), 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.