DRAG vs. CHAT

Last updated Jun 4, 2026

DRAG (Roundhill China Dragons ETF) and CHAT (Roundhill Generative AI & Technology ETF) are both exchange-traded funds - DRAG is a China Equities fund actively managed by Roundhill, while CHAT is a Technology Equities fund actively managed by Roundhill. Both are actively managed. DRAG charges 0.59%/yr vs 0.75%/yr for CHAT.

Performance

DRAG vs. CHAT - Performance Comparison

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

Returns By Period

DRAG

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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)

DRAG vs. CHAT - Yearly Performance Comparison

	2026 (YTD)
DRAG Roundhill China Dragons ETF	0.00%
CHAT Roundhill Generative AI & Technology ETF	69.11%

DRAG vs. CHAT - Sectors Allocation Comparison

Sectors	DRAG	CHAT
Consumer Cyclical	72.4%	5.6%
Communication Services	17.3%	16.6%
Technology	10.2%	76.5%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	0.0%
Healthcare	-	-
Industrials	-	0.8%
Real Estate	-	-
Utilities	-	-

Return for Risk

DRAG vs. CHAT — 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

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.

DRAG vs. CHAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill China Dragons ETF (DRAG) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	DRAG	CHAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	4.72	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.98	—

Drawdowns

DRAG vs. CHAT - Drawdown Comparison

The maximum DRAG drawdown since its inception was 0.00%, smaller than the maximum CHAT drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for DRAG and CHAT.

Drawdown Indicators

	DRAG	CHAT	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-31.34%	+31.34%
Max Drawdown (1Y) Largest decline over 1 year	—	-16.28%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-31.34%	—
Current Drawdown Current decline from peak	0.00%	-0.66%	+0.66%
Average Drawdown Average peak-to-trough decline	0.00%	-5.35%	+5.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.51%	—

Volatility

Volatility by Period

	DRAG	CHAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.70%	—
Volatility (6M) Calculated over the trailing 6-month period	—	24.62%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	30.74%	-30.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	29.90%	-29.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	29.90%	-29.90%

DRAG vs. CHAT - Expense Ratio Comparison

DRAG has a 0.59% expense ratio, which is lower than CHAT's 0.75% expense ratio.

Dividends

DRAG vs. CHAT - Dividend Comparison

DRAG has not paid dividends to shareholders, while CHAT's dividend yield for the trailing twelve months is around 1.64%.

Position	TTM	2025
CHAT Roundhill Generative AI & Technology ETF	1.64%	2.85%
DRAG Roundhill China Dragons ETF	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, DRAG or CHAT?

On fees, DRAG is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DRAG or CHAT?

DRAG is cheaper with a 0.59% expense ratio, compared with 0.75% for CHAT.

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

CHAT has the higher dividend yield at 1.64%, compared with 0.00% for DRAG.

What is the main difference between DRAG and CHAT?

DRAG is categorized as China Equities, while CHAT is Technology Equities. Their fees differ too: 0.59% for DRAG and 0.75% for CHAT.