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IGPT vs. CHAT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


IGPTCHAT
YTD Return24.97%32.47%
1Y Return42.41%46.09%
Sharpe Ratio1.821.86
Sortino Ratio2.422.48
Omega Ratio1.321.32
Calmar Ratio1.372.39
Martin Ratio6.237.27
Ulcer Index6.81%6.25%
Daily Std Dev23.35%24.43%
Max Drawdown-48.44%-18.98%
Current Drawdown-3.03%-0.87%

Correlation

-0.50.00.51.00.9

The correlation between IGPT and CHAT is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

IGPT vs. CHAT - Performance Comparison

In the year-to-date period, IGPT achieves a 24.97% return, which is significantly lower than CHAT's 32.47% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
11.04%
18.74%
IGPT
CHAT

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IGPT vs. CHAT - Expense Ratio Comparison

IGPT has a 0.60% expense ratio, which is lower than CHAT's 0.75% expense ratio.


CHAT
Roundhill Generative AI & Technology ETF
Expense ratio chart for CHAT: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%
Expense ratio chart for IGPT: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%

Risk-Adjusted Performance

IGPT vs. CHAT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco AI and Next Gen Software ETF (IGPT) 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.


IGPT
Sharpe ratio
The chart of Sharpe ratio for IGPT, currently valued at 1.82, compared to the broader market-2.000.002.004.006.001.82
Sortino ratio
The chart of Sortino ratio for IGPT, currently valued at 2.42, compared to the broader market0.005.0010.002.42
Omega ratio
The chart of Omega ratio for IGPT, currently valued at 1.32, compared to the broader market1.001.502.002.503.001.32
Calmar ratio
The chart of Calmar ratio for IGPT, currently valued at 2.22, compared to the broader market0.005.0010.0015.002.22
Martin ratio
The chart of Martin ratio for IGPT, currently valued at 6.22, compared to the broader market0.0020.0040.0060.0080.00100.006.22
CHAT
Sharpe ratio
The chart of Sharpe ratio for CHAT, currently valued at 1.86, compared to the broader market-2.000.002.004.006.001.86
Sortino ratio
The chart of Sortino ratio for CHAT, currently valued at 2.48, compared to the broader market0.005.0010.002.48
Omega ratio
The chart of Omega ratio for CHAT, currently valued at 1.32, compared to the broader market1.001.502.002.503.001.32
Calmar ratio
The chart of Calmar ratio for CHAT, currently valued at 2.39, compared to the broader market0.005.0010.0015.002.39
Martin ratio
The chart of Martin ratio for CHAT, currently valued at 7.27, compared to the broader market0.0020.0040.0060.0080.00100.007.27

IGPT vs. CHAT - Sharpe Ratio Comparison

The current IGPT Sharpe Ratio is 1.82, which is comparable to the CHAT Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of IGPT and CHAT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
1.82
1.86
IGPT
CHAT

Dividends

IGPT vs. CHAT - Dividend Comparison

Neither IGPT nor CHAT has paid dividends to shareholders.


TTM2023202220212020201920182017201620152014
IGPT
Invesco AI and Next Gen Software ETF
0.00%0.00%4.23%18.63%0.11%0.15%0.00%0.00%0.10%0.44%0.29%
CHAT
Roundhill Generative AI & Technology ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

IGPT vs. CHAT - Drawdown Comparison

The maximum IGPT drawdown since its inception was -48.44%, which is greater than CHAT's maximum drawdown of -18.98%. Use the drawdown chart below to compare losses from any high point for IGPT and CHAT. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-3.03%
-0.87%
IGPT
CHAT

Volatility

IGPT vs. CHAT - Volatility Comparison

Invesco AI and Next Gen Software ETF (IGPT) and Roundhill Generative AI & Technology ETF (CHAT) have volatilities of 6.47% and 6.77%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
6.47%
6.77%
IGPT
CHAT