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CHAT vs. IGPT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


CHATIGPT
YTD Return31.98%23.78%
1Y Return42.85%38.76%
Sharpe Ratio1.871.77
Sortino Ratio2.482.37
Omega Ratio1.321.31
Calmar Ratio2.401.39
Martin Ratio7.296.08
Ulcer Index6.25%6.82%
Daily Std Dev24.41%23.36%
Max Drawdown-18.98%-48.44%
Current Drawdown-1.24%-3.96%

Correlation

-0.50.00.51.00.9

The correlation between CHAT and IGPT is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

CHAT vs. IGPT - Performance Comparison

In the year-to-date period, CHAT achieves a 31.98% return, which is significantly higher than IGPT's 23.78% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
16.52%
8.61%
CHAT
IGPT

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CHAT vs. IGPT - Expense Ratio Comparison

CHAT has a 0.75% expense ratio, which is higher than IGPT's 0.60% expense ratio.


CHAT
Roundhill Generative AI & Technology ETF
Expense ratio chart for CHAT: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%
Expense ratio chart for IGPT: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%

Risk-Adjusted Performance

CHAT vs. IGPT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Generative AI & Technology ETF (CHAT) and Invesco AI and Next Gen Software ETF (IGPT). 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.


CHAT
Sharpe ratio
The chart of Sharpe ratio for CHAT, currently valued at 1.87, compared to the broader market-2.000.002.004.006.001.87
Sortino ratio
The chart of Sortino ratio for CHAT, currently valued at 2.48, compared to the broader market0.005.0010.002.48
Omega ratio
The chart of Omega ratio for CHAT, currently valued at 1.32, compared to the broader market1.001.502.002.503.001.32
Calmar ratio
The chart of Calmar ratio for CHAT, currently valued at 2.40, compared to the broader market0.005.0010.0015.002.40
Martin ratio
The chart of Martin ratio for CHAT, currently valued at 7.29, compared to the broader market0.0020.0040.0060.0080.00100.00120.007.29
IGPT
Sharpe ratio
The chart of Sharpe ratio for IGPT, currently valued at 1.77, compared to the broader market-2.000.002.004.006.001.77
Sortino ratio
The chart of Sortino ratio for IGPT, currently valued at 2.37, compared to the broader market0.005.0010.002.37
Omega ratio
The chart of Omega ratio for IGPT, currently valued at 1.31, compared to the broader market1.001.502.002.503.001.31
Calmar ratio
The chart of Calmar ratio for IGPT, currently valued at 2.17, compared to the broader market0.005.0010.0015.002.17
Martin ratio
The chart of Martin ratio for IGPT, currently valued at 6.08, compared to the broader market0.0020.0040.0060.0080.00100.00120.006.08

CHAT vs. IGPT - Sharpe Ratio Comparison

The current CHAT Sharpe Ratio is 1.87, which is comparable to the IGPT Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of CHAT and IGPT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
1.87
1.77
CHAT
IGPT

Dividends

CHAT vs. IGPT - Dividend Comparison

Neither CHAT nor IGPT has paid dividends to shareholders.


TTM2023202220212020201920182017201620152014
CHAT
Roundhill Generative AI & Technology ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IGPT
Invesco AI and Next Gen Software ETF
0.00%0.00%4.23%18.63%0.11%0.15%0.00%0.00%0.10%0.44%0.29%

Drawdowns

CHAT vs. IGPT - Drawdown Comparison

The maximum CHAT drawdown since its inception was -18.98%, smaller than the maximum IGPT drawdown of -48.44%. Use the drawdown chart below to compare losses from any high point for CHAT and IGPT. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.24%
-3.96%
CHAT
IGPT

Volatility

CHAT vs. IGPT - Volatility Comparison

Roundhill Generative AI & Technology ETF (CHAT) and Invesco AI and Next Gen Software ETF (IGPT) have volatilities of 6.76% and 6.56%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
6.76%
6.56%
CHAT
IGPT