GGTL vs. CHAT

Last updated Jun 21, 2026

GGTL (Gabelli Global Technology Leaders ETF) and CHAT (Roundhill Generative AI & Technology ETF) are both Technology Equities funds. Both are actively managed. Over the past 3 years, GGTL returned 22.42%/yr vs 52.13%/yr for CHAT. A 0.65 correlation means they provide meaningful diversification when combined. GGTL charges 0.90%/yr vs 0.75%/yr for CHAT.

Performance

GGTL vs. CHAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gabelli Global Technology Leaders ETF (GGTL) 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, GGTL achieves a 28.39% return, which is significantly lower than CHAT's 73.58% return.

GGTL

• 1D: 3.11%
• 1M: 9.20%
• YTD: 28.39%
• 6M: 29.22%
• 1Y: 47.47%
• 3Y*: 22.42%
• 5Y*: —
• 10Y*: —

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)

GGTL vs. CHAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
GGTL Gabelli Global Technology Leaders ETF	28.39%	19.78%	11.07%	12.55%
CHAT Roundhill Generative AI & Technology ETF	73.58%	49.85%	30.98%	21.04%

Correlation

The correlation between GGTL and CHAT is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (All Time) Calculated using the full available price history since May 18, 2023	0.65

The correlation between GGTL and CHAT has been stable across timeframes, ranging from 0.65 to 0.71 - a consistent structural relationship.

GGTL vs. CHAT - Sectors Allocation Comparison

Sectors	GGTL	CHAT
Technology	55.5%	77.8%
Communication Services	2.9%	16.1%
Consumer Cyclical	0.9%	2.4%
Industrials	0.1%	3.5%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	0.0%
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

GGTL vs. CHAT — Risk / Return Rank

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

GGTL

GGTL Risk / Return Rank: 82
GGTL Sharpe Ratio Rank: 81
GGTL Sortino Ratio Rank: 77
GGTL Omega Ratio Rank: 80
GGTL Calmar Ratio Rank: 89
GGTL Martin Ratio Rank: 86

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.

GGTL vs. CHAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gabelli Global Technology Leaders ETF (GGTL) 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.

	GGTL	CHAT	Difference
Sharpe ratio: Return per unit of total volatility	2.48	3.79	-1.31
Sortino ratio: Return per unit of downside risk	3.27	3.96	-0.69
Omega ratio: Gain probability vs. loss probability	1.45	1.55	-0.10
Calmar ratio: Return relative to maximum drawdown	5.08	7.91	-2.82
Martin ratio: Return relative to average drawdown	17.43	21.99	-4.56

GGTL vs. CHAT - Sharpe Ratio Comparison

The current GGTL Sharpe Ratio is 2.48, which is lower than the CHAT Sharpe Ratio of 3.79. The chart below compares the historical Sharpe Ratios of GGTL 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

GGTL vs. CHAT - Drawdown Comparison

The maximum GGTL drawdown since its inception was -23.65%, smaller than the maximum CHAT drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for GGTL and CHAT.

Drawdown Indicators

	GGTL	CHAT	Difference
Max Drawdown Largest peak-to-trough decline	-23.65%	-31.34%	+7.69%
Max Drawdown (1Y) Largest decline over 1 year	-9.20%	-16.28%	+7.08%
Max Drawdown (3Y) Largest decline over 3 years	-21.46%	-31.34%	+9.88%
Current Drawdown Current decline from peak	-0.46%	-1.07%	+0.61%
Average Drawdown Average peak-to-trough decline	-7.41%	-5.39%	-2.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.68%	5.84%	-3.16%

Volatility

GGTL vs. CHAT - Volatility Comparison

The current volatility for Gabelli Global Technology Leaders ETF (GGTL) is 9.99%, while Roundhill Generative AI & Technology ETF (CHAT) has a volatility of 17.54%. This indicates that GGTL 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

	GGTL	CHAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.99%	17.54%	-7.55%
Volatility (6M) Calculated over the trailing 6-month period	16.14%	28.68%	-12.54%
Volatility (1Y) Calculated over the trailing 1-year period	18.85%	33.98%	-15.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.06%	30.95%	-12.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.06%	30.95%	-12.89%

GGTL vs. CHAT - Expense Ratio Comparison

GGTL has a 0.90% expense ratio, which is higher than CHAT's 0.75% expense ratio.

Dividends

GGTL vs. CHAT - Dividend Comparison

GGTL's dividend yield for the trailing twelve months is around 0.81%, less than CHAT's 1.64% yield.

Position	TTM	2025	2024	2023	2022
CHAT Roundhill Generative AI & Technology ETF	1.64%	2.85%	0.00%	0.00%	0.00%
GGTL Gabelli Global Technology Leaders ETF	0.81%	1.04%	0.75%	0.84%	0.78%

Frequently Asked Questions

Can I hold both GGTL and CHAT in my portfolio?

GGTL and CHAT have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GGTL or CHAT?

CHAT has higher volatility (17.54%) compared to GGTL (9.99%). In terms of maximum drawdown, GGTL dropped -23.65% vs CHAT's -31.34%.

Which ETF is better, GGTL or CHAT?

On 3-year performance, CHAT leads with 52.13% vs 22.42% for GGTL. On fees, CHAT is cheaper at 0.75% per year. On volatility, GGTL has been the lower-risk option at 9.99%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GGTL or CHAT?

Over the 3-year period, CHAT has performed better with a 52.13% return vs 22.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GGTL or CHAT?

CHAT is cheaper with a 0.75% expense ratio, compared with 0.90% for GGTL.

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

CHAT has the higher dividend yield at 1.64%, compared with 0.81% for GGTL.

What is the main difference between GGTL and CHAT?

They also come from different issuers: Gabelli and Roundhill. Their fees differ too: 0.90% for GGTL and 0.75% for CHAT.

Which has better risk-adjusted returns?

CHAT currently has the higher Sharpe Ratio (3.79 vs 2.48), 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.