TEKY vs. CHAT

Last updated Jun 24, 2026

TEKY (Lazard Next Gen Technologies ETF) and CHAT (Roundhill Generative AI & Technology ETF) are both Technology Equities funds. Both are actively managed. Over the past year, TEKY returned 37.15% vs 115.67% for CHAT. Their correlation of 0.88 suggests significant overlap in exposure. TEKY charges 0.50%/yr vs 0.75%/yr for CHAT.

Performance

TEKY vs. CHAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lazard Next Gen Technologies ETF (TEKY) 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, TEKY achieves a 20.06% return, which is significantly lower than CHAT's 63.45% return.

TEKY

• 1D: -4.74%
• 1M: 1.10%
• YTD: 20.06%
• 6M: 18.90%
• 1Y: 37.15%
• 3Y*: —
• 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)

TEKY vs. CHAT - Yearly Performance Comparison

	2026 (YTD)	2025
TEKY Lazard Next Gen Technologies ETF	20.06%	50.31%
CHAT Roundhill Generative AI & Technology ETF	63.45%	94.89%

Correlation

The correlation between TEKY and CHAT is 0.89, 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	0.89
Correlation (All Time) Calculated using the full available price history since Apr 7, 2025	0.88

The correlation between TEKY and CHAT has been stable across timeframes, ranging from 0.88 to 0.89 - a consistent structural relationship.

Return for Risk

TEKY vs. CHAT — Risk / Return Rank

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

TEKY

TEKY Risk / Return Rank: 40
TEKY Sharpe Ratio Rank: 46
TEKY Sortino Ratio Rank: 42
TEKY Omega Ratio Rank: 43
TEKY Calmar Ratio Rank: 37
TEKY Martin Ratio Rank: 34

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.

TEKY vs. CHAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard Next Gen Technologies ETF (TEKY) 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.

	TEKY	CHAT	Difference
Sharpe ratio: Return per unit of total volatility	1.47	3.34	-1.86
Sortino ratio: Return per unit of downside risk	1.98	3.54	-1.56
Omega ratio: Gain probability vs. loss probability	1.26	1.49	-0.23
Calmar ratio: Return relative to maximum drawdown	1.74	7.14	-5.40
Martin ratio: Return relative to average drawdown	4.76	19.81	-15.05

TEKY vs. CHAT - Sharpe Ratio Comparison

The current TEKY Sharpe Ratio is 1.47, which is lower than the CHAT Sharpe Ratio of 3.34. The chart below compares the historical Sharpe Ratios of TEKY 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

TEKY vs. CHAT - Drawdown Comparison

The maximum TEKY drawdown since its inception was -21.43%, smaller than the maximum CHAT drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for TEKY and CHAT.

Drawdown Indicators

	TEKY	CHAT	Difference
Max Drawdown Largest peak-to-trough decline	-21.43%	-31.34%	+9.91%
Max Drawdown (1Y) Largest decline over 1 year	-21.43%	-16.28%	-5.15%
Max Drawdown (3Y) Largest decline over 3 years	—	-31.34%	—
Current Drawdown Current decline from peak	-5.63%	-7.40%	+1.77%
Average Drawdown Average peak-to-trough decline	-4.81%	-5.38%	+0.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.83%	5.86%	+1.97%

Volatility

TEKY vs. CHAT - Volatility Comparison

The current volatility for Lazard Next Gen Technologies ETF (TEKY) is 12.26%, while Roundhill Generative AI & Technology ETF (CHAT) has a volatility of 19.25%. This indicates that TEKY 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

	TEKY	CHAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.26%	19.25%	-6.99%
Volatility (6M) Calculated over the trailing 6-month period	21.10%	29.60%	-8.50%
Volatility (1Y) Calculated over the trailing 1-year period	25.37%	34.87%	-9.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.80%	31.22%	-4.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.80%	31.22%	-4.42%

TEKY vs. CHAT - Expense Ratio Comparison

TEKY has a 0.50% expense ratio, which is lower than CHAT's 0.75% expense ratio.

Dividends

TEKY vs. CHAT - Dividend Comparison

TEKY's dividend yield for the trailing twelve months is around 0.17%, less than CHAT's 1.74% yield.

Position	TTM	2025
CHAT Roundhill Generative AI & Technology ETF	1.74%	2.85%
TEKY Lazard Next Gen Technologies ETF	0.17%	0.05%

Frequently Asked Questions

Can I hold both TEKY and CHAT in my portfolio?

TEKY and CHAT have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TEKY or CHAT?

CHAT has higher volatility (19.25%) compared to TEKY (12.26%). In terms of maximum drawdown, TEKY dropped -21.43% vs CHAT's -31.34%.

Which ETF is better, TEKY or CHAT?

On 1-year performance, CHAT leads with 115.67% vs 37.15% for TEKY. On fees, TEKY is cheaper at 0.50% per year. On volatility, TEKY has been the lower-risk option at 12.26%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TEKY or CHAT?

Over the 1-year period, CHAT has performed better with a 115.67% return vs 37.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TEKY or CHAT?

TEKY is cheaper with a 0.50% expense ratio, compared with 0.75% for CHAT.

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

CHAT has the higher dividend yield at 1.74%, compared with 0.17% for TEKY.

What is the main difference between TEKY and CHAT?

They also come from different issuers: Lazard and Roundhill. Their fees differ too: 0.50% for TEKY and 0.75% for CHAT.

Which has better risk-adjusted returns?

CHAT currently has the higher Sharpe Ratio (3.34 vs 1.47), 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.