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CHAT vs. HDV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CHAT vs. HDV

Last updated Jun 21, 2026

CHAT (Roundhill Generative AI & Technology ETF) and HDV (iShares Core High Dividend ETF) are both exchange-traded funds - CHAT is a Technology Equities fund actively managed by Roundhill, while HDV is a Dividend fund tracking the Morningstar Dividend Yield Focus Index. CHAT is actively managed, while HDV is passively managed. Over the past 3 years, CHAT returned 52.13%/yr vs 13.77%/yr for HDV. At a 0.02 correlation, their price movements are largely independent. CHAT charges 0.75%/yr vs 0.08%/yr for HDV.

Performance

CHAT vs. HDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Generative AI & Technology ETF (CHAT) and iShares Core High Dividend ETF (HDV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, CHAT achieves a 73.58% return, which is significantly higher than HDV's 12.41% return.

CHAT

1D
5.65%
1M
15.33%
YTD
73.58%
6M
75.54%
1Y
128.63%
3Y*
52.13%
5Y*
—
10Y*
—

HDV

1D
-0.44%
1M
-1.73%
YTD
12.41%
6M
13.07%
1Y
19.37%
3Y*
13.77%
5Y*
11.16%
10Y*
9.14%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CHAT vs. HDV - Yearly Performance Comparison

2026 (YTD)202520242023
CHAT
Roundhill Generative AI & Technology ETF		73.58%49.85%30.98%21.04%
HDV
iShares Core High Dividend ETF		12.41%11.90%14.16%6.64%

Correlation

The correlation between CHAT and HDV is -0.19, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.19

Correlation (3Y)
Calculated over the trailing 3-year period

0.02

Correlation (All Time)
Calculated using the full available price history since May 18, 2023

0.02

The correlation between CHAT and HDV shifts across timeframes, from -0.19 (1 year) to 0.02 (3 years), reflecting how their relationship changes across market environments.

CHAT vs. HDV - Sectors Allocation Comparison

Sectors
CHAT
HDV

Technology

77.8%
0.2%

Communication Services

16.1%
5.7%

Industrials

3.5%
3.5%

Consumer Cyclical

2.4%
9.2%

Financial Services

0.0%
4.7%

Basic Materials

-

0.8%

Consumer Defensive

-

24.5%

Energy

-

20.2%

Healthcare

-

22.6%

Real Estate

-

-

Utilities

-

8.1%

Technology

CHAT
77.8%
HDV
0.2%

Communication Services

CHAT
16.1%
HDV
5.7%

Industrials

CHAT
3.5%
HDV
3.5%

Consumer Cyclical

CHAT
2.4%
HDV
9.2%

Financial Services

CHAT
0.0%
HDV
4.7%

Basic Materials

CHAT

-

HDV
0.8%

Consumer Defensive

CHAT

-

HDV
24.5%

Energy

CHAT

-

HDV
20.2%

Healthcare

CHAT

-

HDV
22.6%

Real Estate

CHAT

-

HDV

-

Utilities

CHAT

-

HDV
8.1%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Roundhill Generative AI & Technology ETF

iShares Core High Dividend ETF

Often compared with CHAT:
CHAT vs. AIQCHAT vs. QQQCHAT vs. BOTZCHAT vs. IGPTCHAT vs. SMHCHAT vs. WTAICHAT vs. WISE
Often compared with HDV:
HDV vs. SCHDHDV vs. VYMHDV vs. SPYDHDV vs. DGROHDV vs. DVYHDV vs. VIGHDV vs. SPY

Return for Risk

CHAT vs. HDV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CHAT
CHAT Risk / Return Rank: 9393
Overall Rank
CHAT Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
CHAT Sortino Ratio Rank: 9090
Sortino Ratio Rank
CHAT Omega Ratio Rank: 9090
Omega Ratio Rank
CHAT Calmar Ratio Rank: 9696
Calmar Ratio Rank
CHAT Martin Ratio Rank: 9393
Martin Ratio Rank
HDV
HDV Risk / Return Rank: 6767
Overall Rank
HDV Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
HDV Sortino Ratio Rank: 7070
Sortino Ratio Rank
HDV Omega Ratio Rank: 5959
Omega Ratio Rank
HDV Calmar Ratio Rank: 7979
Calmar Ratio Rank
HDV Martin Ratio Rank: 6161
Martin Ratio Rank
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. HDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Generative AI & Technology ETF (CHAT) and iShares Core High Dividend ETF (HDV). 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.

CHATHDVDifference
Sharpe ratioReturn per unit of total volatility
3.79
2.03

+1.76

Sortino ratioReturn per unit of downside risk
3.96
2.97

+0.98

Omega ratioGain probability vs. loss probability

1.55

1.35

+0.20

Calmar ratioReturn relative to maximum drawdown

7.91

3.87

+4.04

Martin ratioReturn relative to average drawdown

21.99

10.64

+11.35

CHAT vs. HDV - Sharpe Ratio Comparison

The current CHAT Sharpe Ratio is 3.79, which is higher than the HDV Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of CHAT and HDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

CHAT vs. HDV - Drawdown Comparison

The maximum CHAT drawdown since its inception was -31.34%, smaller than the maximum HDV drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for CHAT and HDV.

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Drawdown Indicators

CHATHDVDifference

Max Drawdown

Largest peak-to-trough decline

-31.34%

-37.04%

+5.70%

Max Drawdown (1Y)

Largest decline over 1 year

-16.28%

-5.18%

-11.10%

Max Drawdown (3Y)

Largest decline over 3 years

-31.34%

-10.49%

-20.85%

Max Drawdown (5Y)

Largest decline over 5 years

—

-15.42%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-37.04%

—

Current Drawdown

Current decline from peak

-1.07%

-2.79%

+1.72%

Average Drawdown

Average peak-to-trough decline

-5.39%

-3.08%

-2.31%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.84%

1.88%

+3.96%

Volatility

CHAT vs. HDV - Volatility Comparison

Roundhill Generative AI & Technology ETF (CHAT) has a higher volatility of 17.54% compared to iShares Core High Dividend ETF (HDV) at 3.38%. This indicates that CHAT's price experiences larger fluctuations and is considered to be riskier than HDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

CHATHDVDifference

Volatility (1M)

Calculated over the trailing 1-month period

17.54%

3.38%

+14.16%

Volatility (6M)

Calculated over the trailing 6-month period

28.68%

7.56%

+21.12%

Volatility (1Y)

Calculated over the trailing 1-year period

33.98%

9.86%

+24.12%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

30.95%

12.81%

+18.14%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

30.95%

15.74%

+15.21%

CHAT vs. HDV - Expense Ratio Comparison

CHAT has a 0.75% expense ratio, which is higher than HDV's 0.08% expense ratio.

Dividends

CHAT vs. HDV - Dividend Comparison

CHAT's dividend yield for the trailing twelve months is around 1.64%, less than HDV's 2.94% yield.

PositionTTM20252024202320222021202020192018201720162015
CHAT
Roundhill Generative AI & Technology ETF		1.64%2.85%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
HDV
iShares Core High Dividend ETF		2.94%3.22%3.67%3.82%3.56%3.47%4.07%3.27%3.67%3.27%3.28%3.92%

Frequently Asked Questions

CHAT and HDV have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

CHAT has higher volatility (17.54%) compared to HDV (3.38%). In terms of maximum drawdown, CHAT dropped -31.34% vs HDV's -37.04%.

On 3-year performance, CHAT leads with 52.13% vs 13.77% for HDV. On fees, HDV is cheaper at 0.08% per year. On volatility, HDV has been the lower-risk option at 3.38%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 3-year period, CHAT has performed better with a 52.13% return vs 13.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

HDV is cheaper with a 0.08% expense ratio, compared with 0.75% for CHAT.

HDV has the higher dividend yield at 2.94%, compared with 1.64% for CHAT.

CHAT is categorized as Technology Equities, while HDV is Dividend. They also come from different issuers: Roundhill and iShares. Their fees differ too: 0.75% for CHAT and 0.08% for HDV.

CHAT currently has the higher Sharpe Ratio (3.79 vs 2.03), 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.

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