QRFT vs. CHAT

Last updated Jun 4, 2026

QRFT (QRAFT AI Enhanced U.S. Large Cap ETF) and CHAT (Roundhill Generative AI & Technology ETF) are both exchange-traded funds - QRFT is a Large Cap Growth Equities fund actively managed by Exchange Traded Concepts, while CHAT is a Technology Equities fund actively managed by Roundhill. Both are actively managed. Over the past 3 years, QRFT returned 21.65%/yr vs 55.51%/yr for CHAT. A 0.78 correlation means they provide meaningful diversification when combined. Both charge a 0.75% expense ratio.

Performance

QRFT vs. CHAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in QRAFT AI Enhanced U.S. Large Cap ETF (QRFT) 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, QRFT achieves a 12.60% return, which is significantly lower than CHAT's 74.30% return.

QRFT

• 1D: -0.34%
• 1M: 6.39%
• YTD: 12.60%
• 6M: 12.89%
• 1Y: 28.98%
• 3Y*: 21.65%
• 5Y*: 12.39%
• 10Y*: —

CHAT

• 1D: -0.66%
• 1M: 27.78%
• YTD: 74.30%
• 6M: 73.13%
• 1Y: 144.01%
• 3Y*: 55.51%
• 5Y*: —
• 10Y*: —

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

QRFT vs. CHAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
QRFT QRAFT AI Enhanced U.S. Large Cap ETF	12.60%	17.95%	21.36%	13.40%
CHAT Roundhill Generative AI & Technology ETF	74.30%	49.85%	30.98%	19.23%

Correlation

The correlation between QRFT and CHAT is 0.77, 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	0.77
Correlation (3Y) Calculated over the trailing 3-year period	0.78
Correlation (All Time) Calculated using the full available price history since May 19, 2023	0.78

The correlation between QRFT and CHAT has been stable across timeframes, ranging from 0.77 to 0.78 - a consistent structural relationship.

QRFT vs. CHAT - Sectors Allocation Comparison

Sectors	QRFT	CHAT
Technology	35.4%	76.5%
Financial Services	10.7%	0.0%
Communication Services	10.2%	16.6%
Consumer Cyclical	10.1%	5.6%
Industrials	9.7%	0.8%
Healthcare	8.8%	-
Consumer Defensive	6.7%	-
Energy	4.2%	-
Basic Materials	2.0%	-
Utilities	1.4%	-
Real Estate	1.0%	-

Return for Risk

QRFT vs. CHAT — Risk / Return Rank

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

QRFT

QRFT Risk / Return Rank: 67
QRFT Sharpe Ratio Rank: 67
QRFT Sortino Ratio Rank: 65
QRFT Omega Ratio Rank: 65
QRFT Calmar Ratio Rank: 64
QRFT Martin Ratio Rank: 74

CHAT

CHAT Risk / Return Rank: 94
CHAT Sharpe Ratio Rank: 97
CHAT Sortino Ratio Rank: 94
CHAT Omega Ratio Rank: 93
CHAT Calmar Ratio Rank: 96
CHAT Martin Ratio Rank: 94

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.

QRFT vs. CHAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for QRAFT AI Enhanced U.S. Large Cap ETF (QRFT) 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.

	QRFT	CHAT	Difference
Sharpe ratio: Return per unit of total volatility	2.23	4.72	-2.50
Sortino ratio: Return per unit of downside risk	3.05	4.86	-1.80
Omega ratio: Gain probability vs. loss probability	1.40	1.65	-0.26
Calmar ratio: Return relative to maximum drawdown	3.19	8.90	-5.71
Martin ratio: Return relative to average drawdown	14.12	26.26	-12.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QRFT vs. CHAT - Sharpe Ratio Comparison

The current QRFT Sharpe Ratio is 2.23, which is lower than the CHAT Sharpe Ratio of 4.72. The chart below compares the historical Sharpe Ratios of QRFT 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

	QRFT	CHAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.23	4.72	-2.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.86	1.98	-1.12

Drawdowns

QRFT vs. CHAT - Drawdown Comparison

The maximum QRFT drawdown since its inception was -30.19%, roughly equal to the maximum CHAT drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for QRFT and CHAT.

Drawdown Indicators

	QRFT	CHAT	Difference
Max Drawdown Largest peak-to-trough decline	-30.19%	-31.34%	+1.15%
Max Drawdown (1Y) Largest decline over 1 year	-9.12%	-16.28%	+7.16%
Max Drawdown (3Y) Largest decline over 3 years	-19.99%	-31.34%	+11.35%
Max Drawdown (5Y) Largest decline over 5 years	-28.20%	—	—
Current Drawdown Current decline from peak	-0.34%	-0.66%	+0.32%
Average Drawdown Average peak-to-trough decline	-6.79%	-5.35%	-1.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.06%	5.51%	-3.45%

Volatility

QRFT vs. CHAT - Volatility Comparison

The current volatility for QRAFT AI Enhanced U.S. Large Cap ETF (QRFT) is 3.45%, while Roundhill Generative AI & Technology ETF (CHAT) has a volatility of 11.70%. This indicates that QRFT 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

	QRFT	CHAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.45%	11.70%	-8.25%
Volatility (6M) Calculated over the trailing 6-month period	9.97%	24.62%	-14.65%
Volatility (1Y) Calculated over the trailing 1-year period	13.08%	30.74%	-17.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.34%	29.90%	-12.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.10%	29.90%	-9.80%

QRFT vs. CHAT - Expense Ratio Comparison

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

Dividends

QRFT vs. CHAT - Dividend Comparison

QRFT's dividend yield for the trailing twelve months is around 0.25%, less than CHAT's 1.64% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
CHAT Roundhill Generative AI & Technology ETF	1.64%	2.85%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QRFT QRAFT AI Enhanced U.S. Large Cap ETF	0.25%	0.27%	0.52%	0.77%	0.83%	0.05%	1.81%	4.00%

Frequently Asked Questions

Can I hold both QRFT and CHAT in my portfolio?

QRFT and CHAT have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QRFT or CHAT?

CHAT has higher volatility (11.70%) compared to QRFT (3.45%). In terms of maximum drawdown, QRFT dropped -30.19% vs CHAT's -31.34%.

Which ETF is better, QRFT or CHAT?

On 3-year performance, CHAT leads with 55.51% vs 21.65% for QRFT. Both ETFs have the same 0.75% expense ratio. On volatility, QRFT has been the lower-risk option at 3.45%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QRFT or CHAT?

Over the 3-year period, CHAT has performed better with a 55.51% return vs 21.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QRFT or CHAT?

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

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

CHAT has the higher dividend yield at 1.64%, compared with 0.25% for QRFT.

What is the main difference between QRFT and CHAT?

QRFT is categorized as Large Cap Growth Equities, while CHAT is Technology Equities. They also come from different issuers: Exchange Traded Concepts and Roundhill.

Which has better risk-adjusted returns?

CHAT currently has the higher Sharpe Ratio (4.72 vs 2.23), 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.