T vs. CHAT

Last updated Aug 6, 2026

T (AT&T Inc.) is a stock, while CHAT (Roundhill Generative AI & Technology ETF) is Artificial Intelligence fund actively managed by Roundhill. Over the past 3 years, T returned 24.48%/yr vs 45.97%/yr for CHAT. Their -0.16 correlation means they have often moved in opposite directions in the past.

Performance

T vs. CHAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AT&T Inc. (T) 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, T achieves a -3.83% return, which is significantly lower than CHAT's 51.14% return.

T

• 1D: -1.37%
• 1M: 13.55%
• 6M: -13.25%
• YTD: -3.83%
• 1Y: -13.05%
• 3Y*: 24.48%
• 5Y*: 7.82%
• 10Y*: 2.43%
• ALL TIME*: 9.42%

CHAT

• 1D: -1.08%
• 1M: -2.08%
• 6M: 50.12%
• YTD: 51.14%
• 1Y: 78.97%
• 3Y*: 45.97%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 48.79%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CHAT Roundhill Generative AI & Technology ETF	$67.53M	$57.41M	$65.64M
T AT&T Inc.	$1.60B	$1.73B	$1.46B

T vs. CHAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
T AT&T Inc.	-3.83%	13.97%	44.08%	4.47%
CHAT Roundhill Generative AI & Technology ETF	51.14%	49.85%	30.98%	21.04%

Correlation

The correlation between T and CHAT is -0.33, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.33
Correlation (3Y) Balances recent behavior with more history.	-0.18
Correlation (All Time) Calculated using the full available price history since May 18, 2023	-0.16

The correlation between T and CHAT shifts across timeframes, from -0.33 (1 year) to -0.16 (all time), reflecting how their relationship changes across market environments.

Return for Risk

T vs. CHAT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

T

T Risk / Return Rank: 20
T Sharpe Ratio Rank: 19
T Sortino Ratio Rank: 17
T Omega Ratio Rank: 18
T Calmar Ratio Rank: 26
T Martin Ratio Rank: 21

CHAT

CHAT Risk / Return Rank: 69
CHAT Sharpe Ratio Rank: 78
CHAT Sortino Ratio Rank: 64
CHAT Omega Ratio Rank: 66
CHAT Calmar Ratio Rank: 70
CHAT Martin Ratio Rank: 69

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

T vs. CHAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AT&T Inc. (T) 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.

	T	CHAT	Difference
Sharpe ratio: Return per unit of total volatility	-0.53	2.01	-2.53
Sortino ratio: Return per unit of downside risk	-0.61	2.43	-3.04
Omega ratio: Gain probability vs. loss probability	0.93	1.32	-0.39
Calmar ratio: Return relative to maximum drawdown	-0.45	2.80	-3.26
Martin ratio: Return relative to average drawdown	-0.97	9.68	-10.65

T vs. CHAT - Sharpe Ratio Comparison

The current T Sharpe Ratio is -0.53, which is lower than the CHAT Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of T 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

T vs. CHAT - Drawdown Comparison

The maximum T drawdown since its inception was -64.15%, which is greater than CHAT's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for T and CHAT.

Drawdown Indicators

	T	CHAT	Difference
Max Drawdown Largest peak-to-trough decline	-64.15%	-31.34%	-32.81%
Max Drawdown (1Y) Largest decline over 1 year	-28.89%	-28.34%	-0.55%
Max Drawdown (3Y) Largest decline over 3 years	-28.89%	-31.34%	+2.45%
Max Drawdown (5Y) Largest decline over 5 years	-32.01%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-42.35%	—	—
Current Drawdown Current decline from peak	-18.86%	-14.37%	-4.49%
Average Drawdown Average peak-to-trough decline	-15.74%	-5.77%	-9.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.51%	8.18%	+5.33%

Volatility

T vs. CHAT - Volatility Comparison

The current volatility for AT&T Inc. (T) is 8.93%, while Roundhill Generative AI & Technology ETF (CHAT) has a volatility of 16.97%. This indicates that T 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

	T	CHAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.93%	16.97%	-8.04%
Volatility (6M) Calculated over the trailing 6-month period	19.83%	34.87%	-15.04%
Volatility (1Y) Calculated over the trailing 1-year period	24.84%	39.55%	-14.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.63%	32.58%	-7.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.03%	32.58%	-8.55%

Dividends

T vs. CHAT - Dividend Comparison

T's dividend yield for the trailing twelve months is around 4.81%, more than CHAT's 1.89% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CHAT Roundhill Generative AI & Technology ETF	1.89%	2.85%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
T AT&T Inc.	4.81%	4.47%	4.87%	6.62%	6.66%	8.46%	7.23%	5.22%	7.01%	5.04%	4.51%	5.46%

Frequently Asked Questions

Can I hold both T and CHAT in my portfolio?

T and CHAT have a correlation of -0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, T or CHAT?

CHAT has higher volatility (16.97%) compared to T (8.93%). In terms of maximum drawdown, T dropped -64.15% vs CHAT's -31.34%.

Which has better risk-adjusted returns?

CHAT currently has the higher Sharpe Ratio (2.01 vs -0.53), 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.