QTUM vs. CHAT

Last updated Jun 4, 2026

QTUM (Defiance Quantum ETF) and CHAT (Roundhill Generative AI & Technology ETF) are both Technology Equities funds. QTUM is passively managed, while CHAT is actively managed. Over the past 3 years, QTUM returned 52.22%/yr vs 55.51%/yr for CHAT. Their correlation of 0.84 suggests significant overlap in exposure. QTUM charges 0.40%/yr vs 0.75%/yr for CHAT.

Performance

QTUM vs. CHAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Quantum ETF (QTUM) 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, QTUM achieves a 53.29% return, which is significantly lower than CHAT's 74.30% return.

QTUM

• 1D: -0.59%
• 1M: 23.63%
• YTD: 53.29%
• 6M: 50.69%
• 1Y: 95.36%
• 3Y*: 52.22%
• 5Y*: 29.15%
• 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)

QTUM vs. CHAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
QTUM Defiance Quantum ETF	53.29%	36.65%	50.54%	17.17%
CHAT Roundhill Generative AI & Technology ETF	74.30%	49.85%	30.98%	19.23%

Correlation

The correlation between QTUM 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	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (All Time) Calculated using the full available price history since May 19, 2023	0.84

The correlation between QTUM and CHAT has been stable across timeframes, ranging from 0.83 to 0.84 - a consistent structural relationship.

QTUM vs. CHAT - Sectors Allocation Comparison

Sectors	QTUM	CHAT
Technology	84.2%	76.5%
Industrials	9.0%	0.8%
Communication Services	5.3%	16.6%
Consumer Cyclical	0.8%	5.6%
Healthcare	0.7%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	0.0%
Real Estate	-	-
Utilities	-	-

Return for Risk

QTUM vs. CHAT — Risk / Return Rank

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

QTUM

QTUM Risk / Return Rank: 91
QTUM Sharpe Ratio Rank: 94
QTUM Sortino Ratio Rank: 90
QTUM Omega Ratio Rank: 87
QTUM Calmar Ratio Rank: 92
QTUM Martin Ratio Rank: 92

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.

QTUM vs. CHAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Quantum ETF (QTUM) 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.

	QTUM	CHAT	Difference
Sharpe ratio: Return per unit of total volatility	3.65	4.72	-1.07
Sortino ratio: Return per unit of downside risk	4.26	4.86	-0.60
Omega ratio: Gain probability vs. loss probability	1.55	1.65	-0.10
Calmar ratio: Return relative to maximum drawdown	6.28	8.90	-2.61
Martin ratio: Return relative to average drawdown	23.69	26.26	-2.56
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QTUM vs. CHAT - Sharpe Ratio Comparison

The current QTUM Sharpe Ratio is 3.65, which is comparable to the CHAT Sharpe Ratio of 4.72. The chart below compares the historical Sharpe Ratios of QTUM 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

	QTUM	CHAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.65	4.72	-1.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.10	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.08	1.98	-0.91

Drawdowns

QTUM vs. CHAT - Drawdown Comparison

The maximum QTUM drawdown since its inception was -38.45%, which is greater than CHAT's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for QTUM and CHAT.

Drawdown Indicators

	QTUM	CHAT	Difference
Max Drawdown Largest peak-to-trough decline	-38.45%	-31.34%	-7.11%
Max Drawdown (1Y) Largest decline over 1 year	-15.26%	-16.28%	+1.02%
Max Drawdown (3Y) Largest decline over 3 years	-25.39%	-31.34%	+5.95%
Max Drawdown (5Y) Largest decline over 5 years	-38.45%	—	—
Current Drawdown Current decline from peak	-0.59%	-0.66%	+0.07%
Average Drawdown Average peak-to-trough decline	-8.25%	-5.35%	-2.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.04%	5.51%	-1.47%

Volatility

QTUM vs. CHAT - Volatility Comparison

The current volatility for Defiance Quantum ETF (QTUM) is 9.76%, while Roundhill Generative AI & Technology ETF (CHAT) has a volatility of 11.70%. This indicates that QTUM 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

	QTUM	CHAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.76%	11.70%	-1.94%
Volatility (6M) Calculated over the trailing 6-month period	20.35%	24.62%	-4.27%
Volatility (1Y) Calculated over the trailing 1-year period	26.26%	30.74%	-4.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.56%	29.90%	-3.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.17%	29.90%	-2.73%

QTUM vs. CHAT - Expense Ratio Comparison

QTUM has a 0.40% expense ratio, which is lower than CHAT's 0.75% expense ratio.

Dividends

QTUM vs. CHAT - Dividend Comparison

QTUM's dividend yield for the trailing twelve months is around 0.70%, less than CHAT's 1.64% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
CHAT Roundhill Generative AI & Technology ETF	1.64%	2.85%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QTUM Defiance Quantum ETF	0.70%	1.01%	0.61%	0.81%	1.46%	0.48%	0.42%	0.61%	0.21%

Frequently Asked Questions

Can I hold both QTUM and CHAT in my portfolio?

QTUM 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, QTUM or CHAT?

CHAT has higher volatility (11.70%) compared to QTUM (9.76%). In terms of maximum drawdown, QTUM dropped -38.45% vs CHAT's -31.34%.

Which ETF is better, QTUM or CHAT?

On 3-year performance, CHAT leads with 55.51% vs 52.22% for QTUM. On fees, QTUM is cheaper at 0.40% per year. On volatility, QTUM has been the lower-risk option at 9.76%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QTUM or CHAT?

Over the 3-year period, CHAT has performed better with a 55.51% return vs 52.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QTUM or CHAT?

QTUM is cheaper with a 0.40% expense ratio, compared with 0.75% for CHAT.

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

CHAT has the higher dividend yield at 1.64%, compared with 0.70% for QTUM.

What is the main difference between QTUM and CHAT?

They also come from different issuers: Defiance and Roundhill. Their fees differ too: 0.40% for QTUM and 0.75% for CHAT.

Which has better risk-adjusted returns?

CHAT currently has the higher Sharpe Ratio (4.72 vs 3.65), 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.