METW vs. CHAT

Last updated Jul 17, 2026

METW (Roundhill Meta Weeklypay ETF) and CHAT (Roundhill Generative AI & Technology ETF) are both Technology Equities funds from Roundhill. METW is passively managed, while CHAT is actively managed. Over the past year, METW returned -11.12% vs 73.94% for CHAT. At a 0.38 correlation, their price movements are largely independent. METW charges 0.59%/yr vs 0.75%/yr for CHAT.

Performance

METW vs. CHAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Meta Weeklypay ETF (METW) 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, METW achieves a -2.29% return, which is significantly lower than CHAT's 42.01% return.

METW

• 1D: -3.04%
• 1M: 12.30%
• 6M: 5.60%
• YTD: -2.29%
• 1Y: -11.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CHAT

• 1D: -5.30%
• 1M: -12.49%
• 6M: 36.21%
• YTD: 42.01%
• 1Y: 73.94%
• 3Y*: 41.74%
• 5Y*: —
• 10Y*: —

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

METW vs. CHAT - Yearly Performance Comparison

	2026 (YTD)	2025
METW Roundhill Meta Weeklypay ETF	-2.29%	-9.14%
CHAT Roundhill Generative AI & Technology ETF	42.01%	31.80%

Correlation

The correlation between METW and CHAT is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.37
Correlation (All Time) Calculated using the full available price history since Jun 18, 2025	0.38

METW vs. CHAT - Sectors Allocation Comparison

Sectors	METW	CHAT
Communication Services	23.8%	17.9%
Basic Materials	-	-
Consumer Cyclical	-	2.6%
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	0.0%
Healthcare	-	-
Industrials	-	3.5%
Real Estate	-	-
Technology	-	75.7%
Utilities	-	-

Return for Risk

METW vs. CHAT — Risk / Return Rank

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

METW

METW Risk / Return Rank: 7
METW Sharpe Ratio Rank: 7
METW Sortino Ratio Rank: 8
METW Omega Ratio Rank: 8
METW Calmar Ratio Rank: 7
METW Martin Ratio Rank: 7

CHAT

CHAT Risk / Return Rank: 74
CHAT Sharpe Ratio Rank: 79
CHAT Sortino Ratio Rank: 64
CHAT Omega Ratio Rank: 68
CHAT Calmar Ratio Rank: 86
CHAT Martin Ratio Rank: 75

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.

METW vs. CHAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Meta Weeklypay ETF (METW) 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.

	METW	CHAT	Difference
Sharpe ratio: Return per unit of total volatility	-0.24	2.00	-2.25
Sortino ratio: Return per unit of downside risk	-0.04	2.39	-2.43
Omega ratio: Gain probability vs. loss probability	0.99	1.32	-0.33
Calmar ratio: Return relative to maximum drawdown	-0.28	3.80	-4.08
Martin ratio: Return relative to average drawdown	-0.50	11.13	-11.63

METW vs. CHAT - Sharpe Ratio Comparison

The current METW Sharpe Ratio is -0.24, which is lower than the CHAT Sharpe Ratio of 2.00. The chart below compares the historical Sharpe Ratios of METW 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

METW vs. CHAT - Drawdown Comparison

The maximum METW drawdown since its inception was -40.52%, which is greater than CHAT's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for METW and CHAT.

Drawdown Indicators

	METW	CHAT	Difference
Max Drawdown Largest peak-to-trough decline	-40.52%	-31.34%	-9.18%
Max Drawdown (1Y) Largest decline over 1 year	-40.52%	-19.54%	-20.98%
Max Drawdown (3Y) Largest decline over 3 years	—	-31.34%	—
Current Drawdown Current decline from peak	-22.47%	-19.54%	-2.93%
Average Drawdown Average peak-to-trough decline	-18.77%	-5.52%	-13.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.42%	6.67%	+15.75%

Volatility

METW vs. CHAT - Volatility Comparison

Roundhill Meta Weeklypay ETF (METW) has a higher volatility of 18.87% compared to Roundhill Generative AI & Technology ETF (CHAT) at 16.90%. This indicates that METW's price experiences larger fluctuations and is considered to be riskier than CHAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	METW	CHAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.87%	16.90%	+1.97%
Volatility (6M) Calculated over the trailing 6-month period	37.21%	32.39%	+4.82%
Volatility (1Y) Calculated over the trailing 1-year period	46.05%	37.11%	+8.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.04%	31.83%	+13.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.04%	31.83%	+13.21%

METW vs. CHAT - Expense Ratio Comparison

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

Dividends

METW vs. CHAT - Dividend Comparison

METW's dividend yield for the trailing twelve months is around 53.86%, more than CHAT's 2.01% yield.

Position	TTM	2025
CHAT Roundhill Generative AI & Technology ETF	2.01%	2.85%
METW Roundhill Meta Weeklypay ETF	53.86%	30.89%

Frequently Asked Questions

Can I hold both METW and CHAT in my portfolio?

METW and CHAT have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, METW or CHAT?

METW has higher volatility (18.87%) compared to CHAT (16.90%). In terms of maximum drawdown, METW dropped -40.52% vs CHAT's -31.34%.

Which ETF is better, METW or CHAT?

On 1-year performance, CHAT leads with 73.94% vs -11.12% for METW. On fees, METW is cheaper at 0.59% per year. On volatility, CHAT has been the lower-risk option at 16.90%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, METW or CHAT?

Over the 1-year period, CHAT has performed better with a 73.94% return vs -11.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, METW or CHAT?

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

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

METW has the higher dividend yield at 53.86%, compared with 2.01% for CHAT.

What is the main difference between METW and CHAT?

Their fees differ too: 0.59% for METW and 0.75% for CHAT.

Which has better risk-adjusted returns?

CHAT currently has the higher Sharpe Ratio (2.00 vs -0.24), 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.