CHAT vs. GTEK

Last updated Jul 14, 2026

CHAT (Roundhill Generative AI & Technology ETF) and GTEK (Goldman Sachs Future Tech Leaders Equity ETF) are both Technology Equities funds. Both are actively managed. Over the past 3 years, CHAT returned 44.48%/yr vs 29.45%/yr for GTEK. Their correlation of 0.87 suggests significant overlap in exposure. Both charge a 0.75% expense ratio.

Performance

CHAT vs. GTEK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Generative AI & Technology ETF (CHAT) and Goldman Sachs Future Tech Leaders Equity ETF (GTEK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CHAT achieves a 48.63% return, which is significantly higher than GTEK's 42.08% return.

CHAT

• 1D: -4.48%
• 1M: -5.92%
• 6M: 41.18%
• YTD: 48.63%
• 1Y: 87.11%
• 3Y*: 44.48%
• 5Y*: —
• 10Y*: —

GTEK

• 1D: -4.38%
• 1M: -3.33%
• 6M: 34.40%
• YTD: 42.08%
• 1Y: 59.49%
• 3Y*: 29.45%
• 5Y*: —
• 10Y*: —

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

CHAT vs. GTEK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CHAT Roundhill Generative AI & Technology ETF	48.63%	49.85%	30.98%	21.04%
GTEK Goldman Sachs Future Tech Leaders Equity ETF	42.08%	23.68%	15.94%	19.23%

Correlation

The correlation between CHAT and GTEK 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 (1Y) Calculated over the trailing 1-year period	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.88
Correlation (All Time) Calculated using the full available price history since May 18, 2023	0.87

The correlation between CHAT and GTEK has been stable across timeframes, ranging from 0.87 to 0.88 - a consistent structural relationship.

CHAT vs. GTEK - Sectors Allocation Comparison

Sectors	CHAT	GTEK
Technology	75.7%	74.5%
Communication Services	17.9%	3.7%
Industrials	3.5%	8.1%
Consumer Cyclical	2.6%	4.9%
Financial Services	0.0%	1.2%
Basic Materials	-	3.4%
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	1.1%
Real Estate	-	2.3%
Utilities	-	-

Return for Risk

CHAT vs. GTEK — Risk / Return Rank

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

CHAT

CHAT Risk / Return Rank: 85
CHAT Sharpe Ratio Rank: 90
CHAT Sortino Ratio Rank: 77
CHAT Omega Ratio Rank: 79
CHAT Calmar Ratio Rank: 93
CHAT Martin Ratio Rank: 85

GTEK

GTEK Risk / Return Rank: 81
GTEK Sharpe Ratio Rank: 80
GTEK Sortino Ratio Rank: 71
GTEK Omega Ratio Rank: 71
GTEK Calmar Ratio Rank: 94
GTEK 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.

CHAT vs. GTEK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Generative AI & Technology ETF (CHAT) and Goldman Sachs Future Tech Leaders Equity ETF (GTEK). 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	GTEK	Difference
Sharpe ratio: Return per unit of total volatility	2.39	2.01	+0.37
Sortino ratio: Return per unit of downside risk	2.72	2.56	+0.16
Omega ratio: Gain probability vs. loss probability	1.37	1.33	+0.04
Calmar ratio: Return relative to maximum drawdown	5.38	5.37	+0.01
Martin ratio: Return relative to average drawdown	13.62	15.79	-2.17

CHAT vs. GTEK - Sharpe Ratio Comparison

The current CHAT Sharpe Ratio is 2.39, which is comparable to the GTEK Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of CHAT and GTEK, 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. GTEK - Drawdown Comparison

The maximum CHAT drawdown since its inception was -31.34%, smaller than the maximum GTEK drawdown of -53.77%. Use the drawdown chart below to compare losses from any high point for CHAT and GTEK.

Drawdown Indicators

	CHAT	GTEK	Difference
Max Drawdown Largest peak-to-trough decline	-31.34%	-53.77%	+22.43%
Max Drawdown (1Y) Largest decline over 1 year	-16.28%	-11.13%	-5.15%
Max Drawdown (3Y) Largest decline over 3 years	-31.34%	-27.49%	-3.85%
Current Drawdown Current decline from peak	-15.80%	-9.70%	-6.10%
Average Drawdown Average peak-to-trough decline	-5.48%	-26.99%	+21.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.42%	3.78%	+2.64%

Volatility

CHAT vs. GTEK - Volatility Comparison

Roundhill Generative AI & Technology ETF (CHAT) has a higher volatility of 18.16% compared to Goldman Sachs Future Tech Leaders Equity ETF (GTEK) at 12.78%. This indicates that CHAT's price experiences larger fluctuations and is considered to be riskier than GTEK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CHAT	GTEK	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.16%	12.78%	+5.38%
Volatility (6M) Calculated over the trailing 6-month period	31.91%	26.10%	+5.81%
Volatility (1Y) Calculated over the trailing 1-year period	36.77%	29.74%	+7.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.73%	28.82%	+2.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.73%	28.82%	+2.91%

CHAT vs. GTEK - Expense Ratio Comparison

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

Dividends

CHAT vs. GTEK - Dividend Comparison

CHAT's dividend yield for the trailing twelve months is around 1.92%, while GTEK has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
CHAT Roundhill Generative AI & Technology ETF	1.92%	2.85%	0.00%	0.00%	0.00%
GTEK Goldman Sachs Future Tech Leaders Equity ETF	0.00%	0.00%	0.00%	0.26%	0.03%

Frequently Asked Questions

Can I hold both CHAT and GTEK in my portfolio?

CHAT and GTEK 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 is riskier, CHAT or GTEK?

CHAT has higher volatility (18.16%) compared to GTEK (12.78%). In terms of maximum drawdown, CHAT dropped -31.34% vs GTEK's -53.77%.

Which ETF is better, CHAT or GTEK?

On 3-year performance, CHAT leads with 44.48% vs 29.45% for GTEK. Both ETFs have the same 0.75% expense ratio. On volatility, GTEK has been the lower-risk option at 12.78%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CHAT or GTEK?

Over the 3-year period, CHAT has performed better with a 44.48% return vs 29.45%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CHAT or GTEK?

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

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

CHAT has the higher dividend yield at 1.92%, compared with 0.00% for GTEK.

What is the main difference between CHAT and GTEK?

They also come from different issuers: Roundhill and Goldman Sachs.

Which has better risk-adjusted returns?

CHAT currently has the higher Sharpe Ratio (2.39 vs 2.01), 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.