DGRO vs. CHAT

Last updated Jun 21, 2026

DGRO (iShares Core Dividend Growth ETF) and CHAT (Roundhill Generative AI & Technology ETF) are both exchange-traded funds - DGRO is a Large Cap Growth Equities fund tracking the Morningstar US Dividend Growth Index, while CHAT is a Technology Equities fund actively managed by Roundhill. DGRO is passively managed, while CHAT is actively managed. Over the past 3 years, DGRO returned 15.97%/yr vs 52.13%/yr for CHAT. At a 0.42 correlation, their price movements are largely independent. DGRO charges 0.08%/yr vs 0.75%/yr for CHAT.

Performance

DGRO vs. CHAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Core Dividend Growth ETF (DGRO) 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, DGRO achieves a 8.76% return, which is significantly lower than CHAT's 73.58% return.

DGRO

• 1D: -0.23%
• 1M: 1.34%
• YTD: 8.76%
• 6M: 8.87%
• 1Y: 22.71%
• 3Y*: 15.97%
• 5Y*: 11.37%
• 10Y*: 13.33%

CHAT

• 1D: 5.65%
• 1M: 15.33%
• YTD: 73.58%
• 6M: 75.54%
• 1Y: 128.63%
• 3Y*: 52.13%
• 5Y*: —
• 10Y*: —

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

DGRO vs. CHAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DGRO iShares Core Dividend Growth ETF	8.76%	15.69%	16.62%	10.18%
CHAT Roundhill Generative AI & Technology ETF	73.58%	49.85%	30.98%	21.04%

Correlation

The correlation between DGRO and CHAT is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (3Y) Calculated over the trailing 3-year period	0.42
Correlation (All Time) Calculated using the full available price history since May 18, 2023	0.42

The correlation between DGRO and CHAT shifts across timeframes, from 0.30 (1 year) to 0.42 (3 years), reflecting how their relationship changes across market environments.

DGRO vs. CHAT - Sectors Allocation Comparison

Sectors	DGRO	CHAT
Technology	22.0%	77.8%
Financial Services	20.6%	0.0%
Healthcare	16.5%	-
Consumer Defensive	11.1%	-
Industrials	10.4%	3.5%
Utilities	6.4%	-
Consumer Cyclical	5.4%	2.4%
Energy	5.1%	-
Basic Materials	2.4%	-
Communication Services	0.1%	16.1%
Real Estate	-	-

Return for Risk

DGRO vs. CHAT — Risk / Return Rank

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

DGRO

DGRO Risk / Return Rank: 78
DGRO Sharpe Ratio Rank: 80
DGRO Sortino Ratio Rank: 83
DGRO Omega Ratio Rank: 78
DGRO Calmar Ratio Rank: 73
DGRO Martin Ratio Rank: 76

CHAT

CHAT Risk / Return Rank: 93
CHAT Sharpe Ratio Rank: 96
CHAT Sortino Ratio Rank: 90
CHAT Omega Ratio Rank: 90
CHAT Calmar Ratio Rank: 96
CHAT Martin Ratio Rank: 93

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.

DGRO vs. CHAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core Dividend Growth ETF (DGRO) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DGRO	CHAT	Difference
Sharpe ratio: Return per unit of total volatility	2.40	3.79	-1.39
Sortino ratio: Return per unit of downside risk	3.49	3.96	-0.47
Omega ratio: Gain probability vs. loss probability	1.43	1.55	-0.11
Calmar ratio: Return relative to maximum drawdown	3.53	7.91	-4.37
Martin ratio: Return relative to average drawdown	13.65	21.99	-8.34

DGRO vs. CHAT - Sharpe Ratio Comparison

The current DGRO Sharpe Ratio is 2.40, which is lower than the CHAT Sharpe Ratio of 3.79. The chart below compares the historical Sharpe Ratios of DGRO 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.

Drawdowns

DGRO vs. CHAT - Drawdown Comparison

The maximum DGRO drawdown since its inception was -35.10%, which is greater than CHAT's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for DGRO and CHAT.

Drawdown Indicators

	DGRO	CHAT	Difference
Max Drawdown Largest peak-to-trough decline	-35.10%	-31.34%	-3.76%
Max Drawdown (1Y) Largest decline over 1 year	-6.47%	-16.28%	+9.81%
Max Drawdown (3Y) Largest decline over 3 years	-14.03%	-31.34%	+17.31%
Max Drawdown (5Y) Largest decline over 5 years	-19.31%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.10%	—	—
Current Drawdown Current decline from peak	-1.29%	-1.07%	-0.22%
Average Drawdown Average peak-to-trough decline	-3.43%	-5.39%	+1.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.67%	5.84%	-4.17%

Volatility

DGRO vs. CHAT - Volatility Comparison

The current volatility for iShares Core Dividend Growth ETF (DGRO) is 2.67%, while Roundhill Generative AI & Technology ETF (CHAT) has a volatility of 17.54%. This indicates that DGRO 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

	DGRO	CHAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.67%	17.54%	-14.87%
Volatility (6M) Calculated over the trailing 6-month period	6.94%	28.68%	-21.74%
Volatility (1Y) Calculated over the trailing 1-year period	9.53%	33.98%	-24.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.81%	30.95%	-17.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.63%	30.95%	-14.32%

DGRO vs. CHAT - Expense Ratio Comparison

DGRO has a 0.08% expense ratio, which is lower than CHAT's 0.75% expense ratio.

Dividends

DGRO vs. CHAT - Dividend Comparison

DGRO's dividend yield for the trailing twelve months is around 1.97%, more 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%
DGRO iShares Core Dividend Growth ETF	1.97%	2.09%	2.26%	2.45%	2.34%	1.93%	2.30%	2.21%	2.44%	2.03%	2.27%	2.52%

Frequently Asked Questions

Can I hold both DGRO and CHAT in my portfolio?

DGRO and CHAT have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DGRO or CHAT?

CHAT has higher volatility (17.54%) compared to DGRO (2.67%). In terms of maximum drawdown, DGRO dropped -35.10% vs CHAT's -31.34%.

Which ETF is better, DGRO or CHAT?

On 3-year performance, CHAT leads with 52.13% vs 15.97% for DGRO. On fees, DGRO is cheaper at 0.08% per year. On volatility, DGRO has been the lower-risk option at 2.67%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DGRO or CHAT?

Over the 3-year period, CHAT has performed better with a 52.13% return vs 15.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DGRO or CHAT?

DGRO is cheaper with a 0.08% expense ratio, compared with 0.75% for CHAT.

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

DGRO has the higher dividend yield at 1.97%, compared with 1.64% for CHAT.

What is the main difference between DGRO and CHAT?

DGRO is categorized as Large Cap Growth Equities, while CHAT is Technology Equities. They also come from different issuers: iShares and Roundhill. Their fees differ too: 0.08% for DGRO and 0.75% for CHAT.

Which has better risk-adjusted returns?

CHAT currently has the higher Sharpe Ratio (3.79 vs 2.40), 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.