CHAT vs. QQQ

In the year-to-date period, CHAT achieves a 30.10% return, which is significantly higher than QQQ's 24.91% return.

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CHAT has a 0.75% expense ratio, which is higher than QQQ's 0.20% expense ratio.

The correlation between CHAT and QQQ is 0.91, 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.

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

The current CHAT Sharpe Ratio is 1.45, which is comparable to the QQQ Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of CHAT and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

CHAT has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.60%.

The maximum CHAT drawdown since its inception was -18.98%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for CHAT and QQQ. For additional features, visit the drawdowns tool.

Roundhill Generative AI & Technology ETF (CHAT) has a higher volatility of 6.81% compared to Invesco QQQ (QQQ) at 5.35%. This indicates that CHAT's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.