SHPP vs. CHAT

Last updated Jun 23, 2026

SHPP (Pacer Industrials and Logistics ETF) and CHAT (Roundhill Generative AI & Technology ETF) are both exchange-traded funds - SHPP is a Industrials Equities fund tracking the Pacer Global Supply Chain Infrastructure Index - Benchmark TR Net, while CHAT is a Technology Equities fund actively managed by Roundhill. SHPP is passively managed, while CHAT is actively managed. Over the past 3 years, SHPP returned 11.73%/yr vs 51.32%/yr for CHAT. A 0.54 correlation means they provide meaningful diversification when combined. SHPP charges 0.61%/yr vs 0.75%/yr for CHAT.

Performance

SHPP vs. CHAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Industrials and Logistics ETF (SHPP) 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, SHPP achieves a 13.41% return, which is significantly lower than CHAT's 63.45% return.

SHPP

• 1D: 0.06%
• 1M: -1.03%
• YTD: 13.41%
• 6M: 12.79%
• 1Y: 22.95%
• 3Y*: 11.73%
• 5Y*: —
• 10Y*: —

CHAT

• 1D: -7.40%
• 1M: 7.27%
• YTD: 63.45%
• 6M: 62.78%
• 1Y: 115.67%
• 3Y*: 51.32%
• 5Y*: —
• 10Y*: —

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

SHPP vs. CHAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SHPP Pacer Industrials and Logistics ETF	13.41%	12.88%	0.76%	9.60%
CHAT Roundhill Generative AI & Technology ETF	63.45%	49.85%	30.98%	21.04%

Correlation

The correlation between SHPP and CHAT is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.54
Correlation (All Time) Calculated using the full available price history since May 18, 2023	0.54

The correlation between SHPP and CHAT has been stable across timeframes, ranging from 0.48 to 0.54 - a consistent structural relationship.

SHPP vs. CHAT - Sectors Allocation Comparison

Sectors	SHPP	CHAT
Industrials	87.9%	3.5%
Technology	11.8%	77.8%
Consumer Cyclical	2.2%	2.4%
Financial Services	0.2%	0.0%
Consumer Defensive	0.1%	-
Basic Materials	-	-
Communication Services	-	16.1%
Energy	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

SHPP vs. CHAT — Risk / Return Rank

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

SHPP

SHPP Risk / Return Rank: 43
SHPP Sharpe Ratio Rank: 43
SHPP Sortino Ratio Rank: 42
SHPP Omega Ratio Rank: 41
SHPP Calmar Ratio Rank: 43
SHPP Martin Ratio Rank: 48

CHAT

CHAT Risk / Return Rank: 89
CHAT Sharpe Ratio Rank: 94
CHAT Sortino Ratio Rank: 84
CHAT Omega Ratio Rank: 85
CHAT Calmar Ratio Rank: 95
CHAT Martin Ratio Rank: 90

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.

SHPP vs. CHAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Industrials and Logistics ETF (SHPP) 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.

	SHPP	CHAT	Difference
Sharpe ratio: Return per unit of total volatility	1.49	3.34	-1.85
Sortino ratio: Return per unit of downside risk	2.09	3.54	-1.44
Omega ratio: Gain probability vs. loss probability	1.26	1.49	-0.23
Calmar ratio: Return relative to maximum drawdown	2.08	7.14	-5.06
Martin ratio: Return relative to average drawdown	7.80	19.81	-12.01

SHPP vs. CHAT - Sharpe Ratio Comparison

The current SHPP Sharpe Ratio is 1.49, which is lower than the CHAT Sharpe Ratio of 3.34. The chart below compares the historical Sharpe Ratios of SHPP 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

SHPP vs. CHAT - Drawdown Comparison

The maximum SHPP drawdown since its inception was -21.57%, smaller than the maximum CHAT drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for SHPP and CHAT.

Drawdown Indicators

	SHPP	CHAT	Difference
Max Drawdown Largest peak-to-trough decline	-21.57%	-31.34%	+9.77%
Max Drawdown (1Y) Largest decline over 1 year	-11.06%	-16.28%	+5.22%
Max Drawdown (3Y) Largest decline over 3 years	-18.84%	-31.34%	+12.50%
Current Drawdown Current decline from peak	-4.29%	-7.40%	+3.11%
Average Drawdown Average peak-to-trough decline	-4.23%	-5.38%	+1.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.95%	5.86%	-2.91%

Volatility

SHPP vs. CHAT - Volatility Comparison

The current volatility for Pacer Industrials and Logistics ETF (SHPP) is 5.21%, while Roundhill Generative AI & Technology ETF (CHAT) has a volatility of 19.25%. This indicates that SHPP 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

	SHPP	CHAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.21%	19.25%	-14.04%
Volatility (6M) Calculated over the trailing 6-month period	12.69%	29.60%	-16.91%
Volatility (1Y) Calculated over the trailing 1-year period	15.54%	34.87%	-19.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.48%	31.22%	-13.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.48%	31.22%	-13.74%

SHPP vs. CHAT - Expense Ratio Comparison

SHPP has a 0.61% expense ratio, which is lower than CHAT's 0.75% expense ratio.

Dividends

SHPP vs. CHAT - Dividend Comparison

SHPP's dividend yield for the trailing twelve months is around 1.76%, more than CHAT's 1.74% yield.

Position	TTM	2025	2024	2023	2022
CHAT Roundhill Generative AI & Technology ETF	1.74%	2.85%	0.00%	0.00%	0.00%
SHPP Pacer Industrials and Logistics ETF	1.76%	1.80%	2.41%	2.89%	1.15%

Frequently Asked Questions

Can I hold both SHPP and CHAT in my portfolio?

SHPP and CHAT have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SHPP or CHAT?

CHAT has higher volatility (19.25%) compared to SHPP (5.21%). In terms of maximum drawdown, SHPP dropped -21.57% vs CHAT's -31.34%.

Which ETF is better, SHPP or CHAT?

On 3-year performance, CHAT leads with 51.32% vs 11.73% for SHPP. On fees, SHPP is cheaper at 0.61% per year. On volatility, SHPP has been the lower-risk option at 5.21%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SHPP or CHAT?

Over the 3-year period, CHAT has performed better with a 51.32% return vs 11.73%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SHPP or CHAT?

SHPP is cheaper with a 0.61% expense ratio, compared with 0.75% for CHAT.

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

SHPP has the higher dividend yield at 1.76%, compared with 1.74% for CHAT.

What is the main difference between SHPP and CHAT?

SHPP is categorized as Industrials Equities, while CHAT is Technology Equities. They also come from different issuers: Pacer and Roundhill. Their fees differ too: 0.61% for SHPP and 0.75% for CHAT.

Which has better risk-adjusted returns?

CHAT currently has the higher Sharpe Ratio (3.34 vs 1.49), 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.