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

Key characteristics


CHATTECB
YTD Return31.98%28.78%
1Y Return42.85%44.99%
Sharpe Ratio1.872.79
Sortino Ratio2.483.56
Omega Ratio1.321.49
Calmar Ratio2.403.71
Martin Ratio7.2915.49
Ulcer Index6.25%3.10%
Daily Std Dev24.41%17.14%
Max Drawdown-18.98%-41.62%
Current Drawdown-1.24%0.00%

Correlation

-0.50.00.51.00.9

The correlation between CHAT and TECB is 0.88, 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. TECB - Performance Comparison

In the year-to-date period, CHAT achieves a 31.98% return, which is significantly higher than TECB's 28.78% 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%
16.72%
CHAT
TECB

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CHAT vs. TECB - Expense Ratio Comparison

CHAT has a 0.75% expense ratio, which is higher than TECB's 0.40% 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 TECB: current value at 0.40% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.40%

Risk-Adjusted Performance

CHAT vs. TECB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Generative AI & Technology ETF (CHAT) and iShares U.S. Tech Breakthrough Multisector ETF (TECB). 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
TECB
Sharpe ratio
The chart of Sharpe ratio for TECB, currently valued at 2.79, compared to the broader market-2.000.002.004.006.002.79
Sortino ratio
The chart of Sortino ratio for TECB, currently valued at 3.56, compared to the broader market0.005.0010.003.56
Omega ratio
The chart of Omega ratio for TECB, currently valued at 1.49, compared to the broader market1.001.502.002.503.001.49
Calmar ratio
The chart of Calmar ratio for TECB, currently valued at 3.92, compared to the broader market0.005.0010.0015.003.92
Martin ratio
The chart of Martin ratio for TECB, currently valued at 15.49, compared to the broader market0.0020.0040.0060.0080.00100.00120.0015.49

CHAT vs. TECB - Sharpe Ratio Comparison

The current CHAT Sharpe Ratio is 1.87, which is lower than the TECB Sharpe Ratio of 2.79. The chart below compares the historical Sharpe Ratios of CHAT and TECB, 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 Ratio0.501.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
1.87
2.79
CHAT
TECB

Dividends

CHAT vs. TECB - Dividend Comparison

CHAT has not paid dividends to shareholders, while TECB's dividend yield for the trailing twelve months is around 0.30%.


TTM2023202220212020
CHAT
Roundhill Generative AI & Technology ETF
0.00%0.00%0.00%0.00%0.00%
TECB
iShares U.S. Tech Breakthrough Multisector ETF
0.30%0.23%0.61%0.35%0.77%

Drawdowns

CHAT vs. TECB - Drawdown Comparison

The maximum CHAT drawdown since its inception was -18.98%, smaller than the maximum TECB drawdown of -41.62%. Use the drawdown chart below to compare losses from any high point for CHAT and TECB. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.24%
0
CHAT
TECB

Volatility

CHAT vs. TECB - Volatility Comparison

Roundhill Generative AI & Technology ETF (CHAT) has a higher volatility of 6.76% compared to iShares U.S. Tech Breakthrough Multisector ETF (TECB) at 4.84%. This indicates that CHAT's price experiences larger fluctuations and is considered to be riskier than TECB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
6.76%
4.84%
CHAT
TECB