COST vs. CHAT

Last updated Jun 4, 2026

COST (Costco Wholesale Corporation) is a stock, while CHAT (Roundhill Generative AI & Technology ETF) is Technology Equities fund actively managed by Roundhill. Over the past 3 years, COST returned 25.00%/yr vs 55.51%/yr for CHAT. At a 0.20 correlation, their price movements are largely independent.

Performance

COST vs. CHAT - Performance Comparison

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

Returns By Period

In the year-to-date period, COST achieves a 11.85% return, which is significantly lower than CHAT's 74.30% return.

COST

• 1D: 0.79%
• 1M: -5.03%
• YTD: 11.85%
• 6M: 4.58%
• 1Y: -8.37%
• 3Y*: 25.00%
• 5Y*: 21.24%
• 10Y*: 22.34%

CHAT

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

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

COST vs. CHAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
COST Costco Wholesale Corporation	11.85%	-5.39%	39.62%	36.04%
CHAT Roundhill Generative AI & Technology ETF	74.30%	49.85%	30.98%	19.23%

Correlation

The correlation between COST and CHAT is -0.17, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (All Time) Calculated using the full available price history since May 19, 2023	0.20

The correlation between COST and CHAT shifts across timeframes, from -0.17 (1 year) to 0.20 (all time), reflecting how their relationship changes across market environments.

Return for Risk

COST vs. CHAT — Risk / Return Rank

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

COST

COST Risk / Return Rank: 22
COST Sharpe Ratio Rank: 21
COST Sortino Ratio Rank: 19
COST Omega Ratio Rank: 20
COST Calmar Ratio Rank: 26
COST Martin Ratio Rank: 23

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

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.

COST vs. CHAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Costco Wholesale Corporation (COST) and Roundhill Generative AI & Technology ETF (CHAT). 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.

	COST	CHAT	Difference
Sharpe ratio: Return per unit of total volatility	-0.44	4.72	-5.16
Sortino ratio: Return per unit of downside risk	-0.50	4.86	-5.35
Omega ratio: Gain probability vs. loss probability	0.94	1.65	-0.71
Calmar ratio: Return relative to maximum drawdown	-0.44	8.90	-9.34
Martin ratio: Return relative to average drawdown	-0.88	26.26	-27.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

COST vs. CHAT - Sharpe Ratio Comparison

The current COST Sharpe Ratio is -0.44, which is lower than the CHAT Sharpe Ratio of 4.72. The chart below compares the historical Sharpe Ratios of COST and CHAT, 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

	COST	CHAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.44	4.72	-5.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.94	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.02	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	1.98	-1.40

Drawdowns

COST vs. CHAT - Drawdown Comparison

The maximum COST drawdown since its inception was -53.39%, which is greater than CHAT's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for COST and CHAT.

Drawdown Indicators

	COST	CHAT	Difference
Max Drawdown Largest peak-to-trough decline	-53.39%	-31.34%	-22.05%
Max Drawdown (1Y) Largest decline over 1 year	-18.95%	-16.28%	-2.67%
Max Drawdown (3Y) Largest decline over 3 years	-20.74%	-31.34%	+10.60%
Max Drawdown (5Y) Largest decline over 5 years	-31.40%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-31.40%	—	—
Current Drawdown Current decline from peak	-12.11%	-0.66%	-11.45%
Average Drawdown Average peak-to-trough decline	-13.36%	-5.35%	-8.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.86%	5.51%	+4.35%

Volatility

COST vs. CHAT - Volatility Comparison

The current volatility for Costco Wholesale Corporation (COST) is 8.05%, while Roundhill Generative AI & Technology ETF (CHAT) has a volatility of 11.70%. This indicates that COST experiences smaller price fluctuations and is considered to be less risky than CHAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COST	CHAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.05%	11.70%	-3.65%
Volatility (6M) Calculated over the trailing 6-month period	14.83%	24.62%	-9.79%
Volatility (1Y) Calculated over the trailing 1-year period	19.12%	30.74%	-11.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.73%	29.90%	-7.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.95%	29.90%	-7.95%

Dividends

COST vs. CHAT - Dividend Comparison

COST's dividend yield for the trailing twelve months is around 0.56%, less than CHAT's 1.64% 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%
COST Costco Wholesale Corporation	0.56%	0.59%	0.49%	2.87%	0.76%	0.54%	3.38%	0.86%	1.08%	4.81%	1.09%	4.06%

Frequently Asked Questions

Can I hold both COST and CHAT in my portfolio?

COST and CHAT have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, COST or CHAT?

CHAT has higher volatility (11.70%) compared to COST (8.05%). In terms of maximum drawdown, COST dropped -53.39% vs CHAT's -31.34%.

Which has better risk-adjusted returns?

CHAT currently has the higher Sharpe Ratio (4.72 vs -0.44), 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.