CHAT vs. WTAI

Last updated Apr 2, 2026

Compare and contrast key facts about Roundhill Generative AI & Technology ETF (CHAT) and WisdomTree Artificial Intelligence and Innovation Fund (WTAI).

CHAT and WTAI 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. WTAI is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Artificial Intelligence & Innovation Index. It was launched on Dec 7, 2021.

Performance

CHAT vs. WTAI - Performance Comparison

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

CHAT vs. WTAI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CHAT Roundhill Generative AI & Technology ETF	9.04%	49.85%	30.98%	19.23%
WTAI WisdomTree Artificial Intelligence and Innovation Fund	-0.62%	34.83%	6.53%	19.68%

Returns By Period

In the year-to-date period, CHAT achieves a 9.04% return, which is significantly higher than WTAI's -0.62% return.

CHAT

• 1D: 3.95%
• 1M: 0.86%
• YTD: 9.04%
• 6M: 5.64%
• 1Y: 87.28%
• 3Y*: —
• 5Y*: —
• 10Y*: —

WTAI

• 1D: 2.59%
• 1M: -4.07%
• YTD: -0.62%
• 6M: 1.58%
• 1Y: 53.10%
• 3Y*: 19.04%
• 5Y*: —
• 10Y*: —

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

CHAT vs. WTAI - Expense Ratio Comparison

CHAT has a 0.75% expense ratio, which is higher than WTAI's 0.45% expense ratio.

CHAT

Roundhill Generative AI & Technology ETF

WTAI

WisdomTree Artificial Intelligence and Innovation Fund

Return for Risk

CHAT vs. WTAI — Risk / Return Rank

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

CHAT

CHAT Risk / Return Rank: 95
CHAT Sharpe Ratio Rank: 96
CHAT Sortino Ratio Rank: 95
CHAT Omega Ratio Rank: 93
CHAT Calmar Ratio Rank: 98
CHAT Martin Ratio Rank: 95

WTAI

WTAI Risk / Return Rank: 85
WTAI Sharpe Ratio Rank: 83
WTAI Sortino Ratio Rank: 83
WTAI Omega Ratio Rank: 79
WTAI Calmar Ratio Rank: 93
WTAI Martin Ratio Rank: 86

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. WTAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Generative AI & Technology ETF (CHAT) and WisdomTree Artificial Intelligence and Innovation Fund (WTAI). 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	WTAI	Difference
Sharpe ratio Return per unit of total volatility	2.55	1.67	+0.88
Sortino ratio Return per unit of downside risk	3.16	2.25	+0.91
Omega ratio Gain probability vs. loss probability	1.44	1.31	+0.13
Calmar ratio Return relative to maximum drawdown	5.51	3.58	+1.93
Martin ratio Return relative to average drawdown	15.32	10.64	+4.68
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. WTAI - Sharpe Ratio Comparison

The current CHAT Sharpe Ratio is 2.55, which is higher than the WTAI Sharpe Ratio of 1.67. The chart below compares the historical Sharpe Ratios of CHAT and WTAI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CHAT	WTAI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.55	1.67	+0.88
Sharpe Ratio (All Time) Calculated using the full available price history	1.33	0.14	+1.19

Correlation

The correlation between CHAT and WTAI is 0.90, 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.

Dividends

CHAT vs. WTAI - Dividend Comparison

CHAT's dividend yield for the trailing twelve months is around 2.61%, more than WTAI's 1.82% yield.

	TTM	2025	2024	2023	2022
CHAT Roundhill Generative AI & Technology ETF	2.61%	2.85%	0.00%	0.00%	0.00%
WTAI WisdomTree Artificial Intelligence and Innovation Fund	1.82%	1.81%	0.19%	0.24%	0.22%

Drawdowns

CHAT vs. WTAI - Drawdown Comparison

The maximum CHAT drawdown since its inception was -31.34%, smaller than the maximum WTAI drawdown of -45.92%. Use the drawdown chart below to compare losses from any high point for CHAT and WTAI.

Drawdown Indicators

	CHAT	WTAI	Difference
Max Drawdown Largest peak-to-trough decline	-31.34%	-45.92%	+14.58%
Max Drawdown (1Y) Largest decline over 1 year	-16.28%	-15.42%	-0.86%
Current Drawdown Current decline from peak	-3.05%	-8.36%	+5.31%
Average Drawdown Average peak-to-trough decline	-5.61%	-20.54%	+14.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.86%	5.18%	+0.68%

Volatility

CHAT vs. WTAI - Volatility Comparison

Roundhill Generative AI & Technology ETF (CHAT) has a higher volatility of 13.18% compared to WisdomTree Artificial Intelligence and Innovation Fund (WTAI) at 12.36%. This indicates that CHAT's price experiences larger fluctuations and is considered to be riskier than WTAI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CHAT	WTAI	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.18%	12.36%	+0.82%
Volatility (6M) Calculated over the trailing 6-month period	23.54%	21.81%	+1.73%
Volatility (1Y) Calculated over the trailing 1-year period	34.44%	31.94%	+2.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.33%	30.73%	-1.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.33%	30.73%	-1.40%