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

Correlation

The correlation between CHAT and QQQ is 0.84, 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. QQQ - Performance Comparison

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

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Key characteristics

Sharpe Ratio

CHAT:

0.48

QQQ:

0.60

Sortino Ratio

CHAT:

0.92

QQQ:

1.03

Omega Ratio

CHAT:

1.12

QQQ:

1.14

Calmar Ratio

CHAT:

0.55

QQQ:

0.69

Martin Ratio

CHAT:

1.62

QQQ:

2.26

Ulcer Index

CHAT:

10.63%

QQQ:

6.99%

Daily Std Dev

CHAT:

34.48%

QQQ:

25.46%

Max Drawdown

CHAT:

-31.34%

QQQ:

-82.98%

Current Drawdown

CHAT:

-5.53%

QQQ:

-3.42%

Returns By Period

In the year-to-date period, CHAT achieves a 3.11% return, which is significantly higher than QQQ's 1.92% return.


CHAT

YTD

3.11%

1M

27.86%

6M

4.67%

1Y

16.60%

3Y*

N/A

5Y*

N/A

10Y*

N/A

QQQ

YTD

1.92%

1M

17.15%

6M

3.66%

1Y

15.07%

3Y*

22.52%

5Y*

18.59%

10Y*

17.68%

*Annualized

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Invesco QQQ

CHAT vs. QQQ - Expense Ratio Comparison

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


Risk-Adjusted Performance

CHAT vs. QQQ — Risk-Adjusted Performance Rank

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

CHAT
The Risk-Adjusted Performance Rank of CHAT is 5353
Overall Rank
The Sharpe Ratio Rank of CHAT is 4747
Sharpe Ratio Rank
The Sortino Ratio Rank of CHAT is 5656
Sortino Ratio Rank
The Omega Ratio Rank of CHAT is 5555
Omega Ratio Rank
The Calmar Ratio Rank of CHAT is 5959
Calmar Ratio Rank
The Martin Ratio Rank of CHAT is 4949
Martin Ratio Rank

QQQ
The Risk-Adjusted Performance Rank of QQQ is 6262
Overall Rank
The Sharpe Ratio Rank of QQQ is 5757
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQ is 6363
Sortino Ratio Rank
The Omega Ratio Rank of QQQ is 6363
Omega Ratio Rank
The Calmar Ratio Rank of QQQ is 6868
Calmar Ratio Rank
The Martin Ratio Rank of QQQ is 6161
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CHAT vs. QQQ - Risk-Adjusted Performance Comparison

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 0.48, which is comparable to the QQQ Sharpe Ratio of 0.60. 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.


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Dividends

CHAT vs. QQQ - Dividend Comparison

CHAT has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.57%.


TTM20242023202220212020201920182017201620152014
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%0.00%
QQQ
Invesco QQQ
0.57%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%

Drawdowns

CHAT vs. QQQ - Drawdown Comparison

The maximum CHAT drawdown since its inception was -31.34%, 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.


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Volatility

CHAT vs. QQQ - Volatility Comparison

Roundhill Generative AI & Technology ETF (CHAT) has a higher volatility of 8.62% compared to Invesco QQQ (QQQ) at 5.64%. 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.


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