CHAT vs. SOXX

Last updated Jun 4, 2026

CHAT (Roundhill Generative AI & Technology ETF) and SOXX (iShares Semiconductor ETF) are both exchange-traded funds - CHAT is a Technology Equities fund actively managed by Roundhill, while SOXX is a Semiconductors fund tracking the NYSE Semiconductor Index. CHAT is actively managed, while SOXX is passively managed. Over the past 3 years, CHAT returned 55.51%/yr vs 57.39%/yr for SOXX. Their correlation of 0.83 suggests significant overlap in exposure. CHAT charges 0.75%/yr vs 0.34%/yr for SOXX.

Performance

CHAT vs. SOXX - Performance Comparison

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

Returns By Period

In the year-to-date period, CHAT achieves a 74.30% return, which is significantly lower than SOXX's 104.57% return.

CHAT

• 1D: -0.66%
• 1M: 27.78%
• YTD: 74.30%
• 6M: 73.13%
• 1Y: 144.01%
• 3Y*: 55.51%
• 5Y*: —
• 10Y*: —

SOXX

• 1D: 1.76%
• 1M: 33.25%
• YTD: 104.57%
• 6M: 99.43%
• 1Y: 190.05%
• 3Y*: 57.39%
• 5Y*: 34.50%
• 10Y*: 35.79%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CHAT vs. SOXX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CHAT Roundhill Generative AI & Technology ETF	74.30%	49.85%	30.98%	19.23%
SOXX iShares Semiconductor ETF	104.57%	40.74%	12.92%	30.35%

Correlation

The correlation between CHAT and SOXX is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.77
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (All Time) Calculated using the full available price history since May 19, 2023	0.83

The correlation between CHAT and SOXX has been stable across timeframes, ranging from 0.77 to 0.83 - a consistent structural relationship.

CHAT vs. SOXX - Sectors Allocation Comparison

Sectors	CHAT	SOXX
Technology	76.5%	100.0%
Communication Services	16.6%	-
Consumer Cyclical	5.6%	-
Industrials	0.8%	-
Financial Services	0.0%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

CHAT vs. SOXX — Risk / Return Rank

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

CHAT

CHAT Risk / Return Rank: 94
CHAT Sharpe Ratio Rank: 97
CHAT Sortino Ratio Rank: 94
CHAT Omega Ratio Rank: 93
CHAT Calmar Ratio Rank: 96
CHAT Martin Ratio Rank: 94

SOXX

SOXX Risk / Return Rank: 97
SOXX Sharpe Ratio Rank: 98
SOXX Sortino Ratio Rank: 95
SOXX Omega Ratio Rank: 95
SOXX Calmar Ratio Rank: 97
SOXX Martin Ratio Rank: 97

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. SOXX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Generative AI & Technology ETF (CHAT) and iShares Semiconductor ETF (SOXX). 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	SOXX	Difference
Sharpe ratio: Return per unit of total volatility	4.72	5.61	-0.89
Sortino ratio: Return per unit of downside risk	4.86	5.36	-0.50
Omega ratio: Gain probability vs. loss probability	1.65	1.74	-0.09
Calmar ratio: Return relative to maximum drawdown	8.90	12.13	-3.23
Martin ratio: Return relative to average drawdown	26.26	46.43	-20.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CHAT vs. SOXX - Sharpe Ratio Comparison

The current CHAT Sharpe Ratio is 4.72, which is comparable to the SOXX Sharpe Ratio of 5.61. The chart below compares the historical Sharpe Ratios of CHAT and SOXX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CHAT	SOXX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.72	5.61	-0.89
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.96	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.07	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.98	0.45	+1.53

Drawdowns

CHAT vs. SOXX - Drawdown Comparison

The maximum CHAT drawdown since its inception was -31.34%, smaller than the maximum SOXX drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for CHAT and SOXX.

Drawdown Indicators

	CHAT	SOXX	Difference
Max Drawdown Largest peak-to-trough decline	-31.34%	-70.21%	+38.87%
Max Drawdown (1Y) Largest decline over 1 year	-16.28%	-15.77%	-0.51%
Max Drawdown (3Y) Largest decline over 3 years	-31.34%	-41.36%	+10.02%
Max Drawdown (5Y) Largest decline over 5 years	—	-45.75%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-45.75%	—
Current Drawdown Current decline from peak	-0.66%	0.00%	-0.66%
Average Drawdown Average peak-to-trough decline	-5.35%	-19.97%	+14.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.51%	4.11%	+1.40%

Volatility

CHAT vs. SOXX - Volatility Comparison

The current volatility for Roundhill Generative AI & Technology ETF (CHAT) is 11.70%, while iShares Semiconductor ETF (SOXX) has a volatility of 14.03%. This indicates that CHAT experiences smaller price fluctuations and is considered to be less risky than SOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CHAT	SOXX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.70%	14.03%	-2.33%
Volatility (6M) Calculated over the trailing 6-month period	24.62%	27.35%	-2.73%
Volatility (1Y) Calculated over the trailing 1-year period	30.74%	34.18%	-3.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.90%	36.11%	-6.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.90%	33.43%	-3.53%

CHAT vs. SOXX - Expense Ratio Comparison

CHAT has a 0.75% expense ratio, which is higher than SOXX's 0.34% expense ratio.

Dividends

CHAT vs. SOXX - Dividend Comparison

CHAT's dividend yield for the trailing twelve months is around 1.64%, more than SOXX's 0.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
SOXX iShares Semiconductor ETF	0.27%	0.57%	0.67%	0.78%	1.26%	0.64%	0.81%	1.23%	1.37%	0.90%	1.08%	1.29%

Frequently Asked Questions

Can I hold both CHAT and SOXX in my portfolio?

CHAT and SOXX have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CHAT or SOXX?

SOXX has higher volatility (14.03%) compared to CHAT (11.70%). In terms of maximum drawdown, CHAT dropped -31.34% vs SOXX's -70.21%.

Which ETF is better, CHAT or SOXX?

On 3-year performance, SOXX leads with 57.39% vs 55.51% for CHAT. On fees, SOXX is cheaper at 0.34% per year. On volatility, CHAT has been the lower-risk option at 11.70%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CHAT or SOXX?

Over the 3-year period, SOXX has performed better with a 57.39% return vs 55.51%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CHAT or SOXX?

SOXX is cheaper with a 0.34% expense ratio, compared with 0.75% for CHAT.

Which ETF pays a higher dividend yield, CHAT or SOXX?

CHAT has the higher dividend yield at 1.64%, compared with 0.27% for SOXX.

What is the main difference between CHAT and SOXX?

CHAT is categorized as Technology Equities, while SOXX is Semiconductors. They also come from different issuers: Roundhill and iShares. Their fees differ too: 0.75% for CHAT and 0.34% for SOXX.

Which has better risk-adjusted returns?

SOXX currently has the higher Sharpe Ratio (5.61 vs 4.72), 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.