GTEK vs. CHAT

Last updated Jun 5, 2026

GTEK (Goldman Sachs Future Tech Leaders Equity ETF) and CHAT (Roundhill Generative AI & Technology ETF) are both Technology Equities funds. Both are actively managed. Over the past 3 years, GTEK returned 34.69%/yr vs 54.00%/yr for CHAT. Their correlation of 0.87 suggests significant overlap in exposure. Both charge a 0.75% expense ratio.

Performance

GTEK vs. CHAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Future Tech Leaders Equity ETF (GTEK) 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, GTEK achieves a 53.34% return, which is significantly lower than CHAT's 70.00% return.

GTEK

• 1D: -0.07%
• 1M: 13.61%
• YTD: 53.34%
• 6M: 54.05%
• 1Y: 79.94%
• 3Y*: 34.69%
• 5Y*: —
• 10Y*: —

CHAT

• 1D: -2.47%
• 1M: 21.73%
• YTD: 70.00%
• 6M: 67.89%
• 1Y: 133.72%
• 3Y*: 54.00%
• 5Y*: —
• 10Y*: —

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

GTEK vs. CHAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
GTEK Goldman Sachs Future Tech Leaders Equity ETF	53.34%	23.68%	15.94%	17.11%
CHAT Roundhill Generative AI & Technology ETF	70.00%	49.85%	30.98%	19.23%

Correlation

The correlation between GTEK and CHAT is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (All Time) Calculated using the full available price history since May 19, 2023	0.87

The correlation between GTEK and CHAT has been stable across timeframes, ranging from 0.84 to 0.87 - a consistent structural relationship.

GTEK vs. CHAT - Sectors Allocation Comparison

Sectors	GTEK	CHAT
Technology	76.3%	76.5%
Industrials	7.1%	0.8%
Communication Services	3.6%	16.6%
Basic Materials	3.2%	-
Consumer Cyclical	2.9%	5.6%
Real Estate	2.6%	-
Healthcare	1.2%	-
Financial Services	0.8%	0.0%
Consumer Defensive	-	-
Energy	-	-
Utilities	-	-

Return for Risk

GTEK vs. CHAT — Risk / Return Rank

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

GTEK

GTEK Risk / Return Rank: 89
GTEK Sharpe Ratio Rank: 91
GTEK Sortino Ratio Rank: 86
GTEK Omega Ratio Rank: 83
GTEK Calmar Ratio Rank: 94
GTEK Martin Ratio Rank: 92

CHAT

CHAT Risk / Return Rank: 94
CHAT Sharpe Ratio Rank: 96
CHAT Sortino Ratio Rank: 93
CHAT Omega Ratio Rank: 92
CHAT Calmar Ratio Rank: 95
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.

GTEK vs. CHAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Future Tech Leaders Equity ETF (GTEK) 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.

	GTEK	CHAT	Difference
Sharpe ratio: Return per unit of total volatility	3.10	4.37	-1.27
Sortino ratio: Return per unit of downside risk	3.80	4.60	-0.79
Omega ratio: Gain probability vs. loss probability	1.49	1.61	-0.12
Calmar ratio: Return relative to maximum drawdown	7.22	8.26	-1.04
Martin ratio: Return relative to average drawdown	23.44	24.36	-0.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GTEK vs. CHAT - Sharpe Ratio Comparison

The current GTEK Sharpe Ratio is 3.10, which is comparable to the CHAT Sharpe Ratio of 4.37. The chart below compares the historical Sharpe Ratios of GTEK 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

	GTEK	CHAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.10	4.37	-1.27
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	1.93	-1.60

Drawdowns

GTEK vs. CHAT - Drawdown Comparison

The maximum GTEK drawdown since its inception was -53.77%, which is greater than CHAT's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for GTEK and CHAT.

Drawdown Indicators

	GTEK	CHAT	Difference
Max Drawdown Largest peak-to-trough decline	-53.77%	-31.34%	-22.43%
Max Drawdown (1Y) Largest decline over 1 year	-11.13%	-16.28%	+5.15%
Max Drawdown (3Y) Largest decline over 3 years	-27.49%	-31.34%	+3.85%
Current Drawdown Current decline from peak	-0.49%	-3.11%	+2.62%
Average Drawdown Average peak-to-trough decline	-27.49%	-5.35%	-22.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.42%	5.51%	-2.09%

Volatility

GTEK vs. CHAT - Volatility Comparison

The current volatility for Goldman Sachs Future Tech Leaders Equity ETF (GTEK) is 9.28%, while Roundhill Generative AI & Technology ETF (CHAT) has a volatility of 12.18%. This indicates that GTEK 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

	GTEK	CHAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.28%	12.18%	-2.90%
Volatility (6M) Calculated over the trailing 6-month period	21.75%	24.80%	-3.05%
Volatility (1Y) Calculated over the trailing 1-year period	25.94%	30.81%	-4.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.28%	29.92%	-1.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.28%	29.92%	-1.64%

GTEK vs. CHAT - Expense Ratio Comparison

Both GTEK and CHAT have an expense ratio of 0.75%.

Dividends

GTEK vs. CHAT - Dividend Comparison

GTEK has not paid dividends to shareholders, while CHAT's dividend yield for the trailing twelve months is around 1.68%.

Position	TTM	2025	2024	2023	2022
CHAT Roundhill Generative AI & Technology ETF	1.68%	2.85%	0.00%	0.00%	0.00%
GTEK Goldman Sachs Future Tech Leaders Equity ETF	0.00%	0.00%	0.00%	0.26%	0.03%

Frequently Asked Questions

Can I hold both GTEK and CHAT in my portfolio?

GTEK and CHAT have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GTEK or CHAT?

CHAT has higher volatility (12.18%) compared to GTEK (9.28%). In terms of maximum drawdown, GTEK dropped -53.77% vs CHAT's -31.34%.

Which ETF is better, GTEK or CHAT?

On 3-year performance, CHAT leads with 54.00% vs 34.69% for GTEK. Both ETFs have the same 0.75% expense ratio. On volatility, GTEK has been the lower-risk option at 9.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GTEK or CHAT?

Over the 3-year period, CHAT has performed better with a 54.00% return vs 34.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GTEK or CHAT?

GTEK and CHAT have the same expense ratio: 0.75% per year.

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

CHAT has the higher dividend yield at 1.68%, compared with 0.00% for GTEK.

What is the main difference between GTEK and CHAT?

They also come from different issuers: Goldman Sachs and Roundhill.

Which has better risk-adjusted returns?

CHAT currently has the higher Sharpe Ratio (4.37 vs 3.10), 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.