CHAT vs. SHOC
Compare and contrast key facts about Roundhill Generative AI & Technology ETF (CHAT) and Strive U.S. Semiconductor ETF (SHOC).
CHAT and SHOC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CHAT is an actively managed fund by Roundhill. It was launched on May 17, 2023. SHOC is a passively managed fund by Strive that tracks the performance of the Bloomberg US Listed Semiconductors Select Index - Benchmark TR Gross. It was launched on Oct 5, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CHAT or SHOC.
Key characteristics
| CHAT | SHOC | |
|---|---|---|
| YTD Return | 32.47% | 22.76% |
| 1Y Return | 46.09% | 50.51% |
| Sharpe Ratio | 1.86 | 1.42 |
| Sortino Ratio | 2.48 | 1.91 |
| Omega Ratio | 1.32 | 1.25 |
| Calmar Ratio | 2.39 | 1.92 |
| Martin Ratio | 7.27 | 4.88 |
| Ulcer Index | 6.25% | 10.13% |
| Daily Std Dev | 24.43% | 34.73% |
| Max Drawdown | -18.98% | -25.71% |
| Current Drawdown | -0.87% | -11.25% |
Correlation
The correlation between CHAT and SHOC is 0.86, 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. SHOC - Performance Comparison
In the year-to-date period, CHAT achieves a 32.47% return, which is significantly higher than SHOC's 22.76% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CHAT vs. SHOC - Expense Ratio Comparison
CHAT has a 0.75% expense ratio, which is higher than SHOC's 0.40% expense ratio.
Risk-Adjusted Performance
CHAT vs. SHOC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Generative AI & Technology ETF (CHAT) and Strive U.S. Semiconductor ETF (SHOC). 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.
Dividends
CHAT vs. SHOC - Dividend Comparison
CHAT has not paid dividends to shareholders, while SHOC's dividend yield for the trailing twelve months is around 0.39%.
| TTM | 2023 | 2022 | |
|---|---|---|---|
CHAT Roundhill Generative AI & Technology ETF | 0.00% | 0.00% | 0.00% |
SHOC Strive U.S. Semiconductor ETF | 0.39% | 0.65% | 0.24% |
Drawdowns
CHAT vs. SHOC - Drawdown Comparison
The maximum CHAT drawdown since its inception was -18.98%, smaller than the maximum SHOC drawdown of -25.71%. Use the drawdown chart below to compare losses from any high point for CHAT and SHOC. For additional features, visit the drawdowns tool.
Volatility
CHAT vs. SHOC - Volatility Comparison
The current volatility for Roundhill Generative AI & Technology ETF (CHAT) is 6.77%, while Strive U.S. Semiconductor ETF (SHOC) has a volatility of 9.93%. This indicates that CHAT experiences smaller price fluctuations and is considered to be less risky than SHOC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.