NFLW vs. CHAT

Last updated Jul 17, 2026

NFLW (Roundhill NFLX WeeklyPay ETF) and CHAT (Roundhill Generative AI & Technology ETF) are both exchange-traded funds - NFLW is a Derivative Income fund actively managed by Roundhill, while CHAT is a Technology Equities fund actively managed by Roundhill. Both are actively managed. Over the past year, NFLW returned -48.89% vs 73.94% for CHAT. At a 0.03 correlation, their price movements are largely independent. NFLW charges 0.99%/yr vs 0.75%/yr for CHAT.

Performance

NFLW vs. CHAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill NFLX WeeklyPay ETF (NFLW) 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, NFLW achieves a -26.22% return, which is significantly lower than CHAT's 42.01% return.

NFLW

• 1D: 0.85%
• 1M: -7.21%
• 6M: -20.56%
• YTD: -26.22%
• 1Y: -48.89%
• 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)

NFLW vs. CHAT - Yearly Performance Comparison

	2026 (YTD)	2025
NFLW Roundhill NFLX WeeklyPay ETF	-26.22%	-29.54%
CHAT Roundhill Generative AI & Technology ETF	42.01%	31.80%

Correlation

The correlation between NFLW and CHAT is 0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.00
Correlation (All Time) Calculated using the full available price history since Jun 18, 2025	0.03

NFLW vs. CHAT - Sectors Allocation Comparison

Sectors	NFLW	CHAT
Communication Services	12.8%	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

NFLW vs. CHAT — Risk / Return Rank

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

NFLW

NFLW Risk / Return Rank: 1
NFLW Sharpe Ratio Rank: 1
NFLW Sortino Ratio Rank: 1
NFLW Omega Ratio Rank: 1
NFLW Calmar Ratio Rank: 1
NFLW Martin Ratio Rank: 0

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.

NFLW vs. CHAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill NFLX WeeklyPay ETF (NFLW) 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.

	NFLW	CHAT	Difference
Sharpe ratio: Return per unit of total volatility	-1.20	2.00	-3.20
Sortino ratio: Return per unit of downside risk	-1.90	2.39	-4.29
Omega ratio: Gain probability vs. loss probability	0.76	1.32	-0.56
Calmar ratio: Return relative to maximum drawdown	-0.94	3.80	-4.74
Martin ratio: Return relative to average drawdown	-1.59	11.13	-12.72

NFLW vs. CHAT - Sharpe Ratio Comparison

The current NFLW Sharpe Ratio is -1.20, which is lower than the CHAT Sharpe Ratio of 2.00. The chart below compares the historical Sharpe Ratios of NFLW 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

NFLW vs. CHAT - Drawdown Comparison

The maximum NFLW drawdown since its inception was -55.10%, which is greater than CHAT's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for NFLW and CHAT.

Drawdown Indicators

	NFLW	CHAT	Difference
Max Drawdown Largest peak-to-trough decline	-55.10%	-31.34%	-23.76%
Max Drawdown (1Y) Largest decline over 1 year	-52.27%	-19.54%	-32.73%
Max Drawdown (3Y) Largest decline over 3 years	—	-31.34%	—
Current Drawdown Current decline from peak	-53.01%	-19.54%	-33.47%
Average Drawdown Average peak-to-trough decline	-29.35%	-5.52%	-23.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	30.82%	6.67%	+24.15%

Volatility

NFLW vs. CHAT - Volatility Comparison

The current volatility for Roundhill NFLX WeeklyPay ETF (NFLW) is 13.72%, while Roundhill Generative AI & Technology ETF (CHAT) has a volatility of 16.90%. This indicates that NFLW 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

	NFLW	CHAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.72%	16.90%	-3.18%
Volatility (6M) Calculated over the trailing 6-month period	31.76%	32.39%	-0.63%
Volatility (1Y) Calculated over the trailing 1-year period	40.96%	37.11%	+3.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.30%	31.83%	+8.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.30%	31.83%	+8.47%

NFLW vs. CHAT - Expense Ratio Comparison

NFLW has a 0.99% expense ratio, which is higher than CHAT's 0.75% expense ratio.

Dividends

NFLW vs. CHAT - Dividend Comparison

NFLW's dividend yield for the trailing twelve months is around 82.21%, more than CHAT's 2.01% yield.

Position	TTM	2025
CHAT Roundhill Generative AI & Technology ETF	2.01%	2.85%
NFLW Roundhill NFLX WeeklyPay ETF	82.21%	38.89%

Frequently Asked Questions

Can I hold both NFLW and CHAT in my portfolio?

NFLW and CHAT have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NFLW or CHAT?

CHAT has higher volatility (16.90%) compared to NFLW (13.72%). In terms of maximum drawdown, NFLW dropped -55.10% vs CHAT's -31.34%.

Which ETF is better, NFLW or CHAT?

On 1-year performance, CHAT leads with 73.94% vs -48.89% for NFLW. On fees, CHAT is cheaper at 0.75% per year. On volatility, NFLW has been the lower-risk option at 13.72%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NFLW or CHAT?

Over the 1-year period, CHAT has performed better with a 73.94% return vs -48.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NFLW or CHAT?

CHAT is cheaper with a 0.75% expense ratio, compared with 0.99% for NFLW.

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

NFLW has the higher dividend yield at 82.21%, compared with 2.01% for CHAT.

What is the main difference between NFLW and CHAT?

NFLW is categorized as Derivative Income, while CHAT is Technology Equities. Their fees differ too: 0.99% for NFLW and 0.75% for CHAT.

Which has better risk-adjusted returns?

CHAT currently has the higher Sharpe Ratio (2.00 vs -1.20), 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.