TTEQ vs. CHAT

Last updated Jun 4, 2026

TTEQ (T. Rowe Price Technology ETF) and CHAT (Roundhill Generative AI & Technology ETF) are both Technology Equities funds. Both are actively managed. Over the past year, TTEQ returned 66.44% vs 144.01% for CHAT. Their correlation of 0.90 suggests significant overlap in exposure. TTEQ charges 0.63%/yr vs 0.75%/yr for CHAT.

Performance

TTEQ vs. CHAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Technology ETF (TTEQ) 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, TTEQ achieves a 38.44% return, which is significantly lower than CHAT's 74.30% return.

TTEQ

• 1D: -0.82%
• 1M: 18.60%
• YTD: 38.44%
• 6M: 35.90%
• 1Y: 66.44%
• 3Y*: —
• 5Y*: —
• 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)

TTEQ vs. CHAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
TTEQ T. Rowe Price Technology ETF	38.44%	24.25%	3.92%
CHAT Roundhill Generative AI & Technology ETF	74.30%	49.85%	5.28%

Correlation

The correlation between TTEQ 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 Oct 25, 2024	0.90

The correlation between TTEQ and CHAT has been stable across timeframes, ranging from 0.89 to 0.90 - a consistent structural relationship.

TTEQ vs. CHAT - Sectors Allocation Comparison

Sectors	TTEQ	CHAT
Technology	72.4%	76.5%
Communication Services	8.4%	16.6%
Consumer Cyclical	5.7%	5.6%
Financial Services	3.4%	0.0%
Industrials	0.7%	0.8%
Basic Materials	0.5%	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

TTEQ vs. CHAT — Risk / Return Rank

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

TTEQ

TTEQ Risk / Return Rank: 78
TTEQ Sharpe Ratio Rank: 86
TTEQ Sortino Ratio Rank: 79
TTEQ Omega Ratio Rank: 79
TTEQ Calmar Ratio Rank: 77
TTEQ Martin Ratio Rank: 68

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.

TTEQ vs. CHAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Technology ETF (TTEQ) 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.

	TTEQ	CHAT	Difference
Sharpe ratio: Return per unit of total volatility	2.87	4.72	-1.86
Sortino ratio: Return per unit of downside risk	3.53	4.86	-1.32
Omega ratio: Gain probability vs. loss probability	1.47	1.65	-0.18
Calmar ratio: Return relative to maximum drawdown	3.86	8.90	-5.04
Martin ratio: Return relative to average drawdown	12.43	26.26	-13.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TTEQ vs. CHAT - Sharpe Ratio Comparison

The current TTEQ Sharpe Ratio is 2.87, which is lower than the CHAT Sharpe Ratio of 4.72. The chart below compares the historical Sharpe Ratios of TTEQ 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

	TTEQ	CHAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.87	4.72	-1.86
Sharpe Ratio (All Time) Calculated using the full available price history	1.62	1.98	-0.37

Drawdowns

TTEQ vs. CHAT - Drawdown Comparison

The maximum TTEQ drawdown since its inception was -26.97%, smaller than the maximum CHAT drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for TTEQ and CHAT.

Drawdown Indicators

	TTEQ	CHAT	Difference
Max Drawdown Largest peak-to-trough decline	-26.97%	-31.34%	+4.37%
Max Drawdown (1Y) Largest decline over 1 year	-17.31%	-16.28%	-1.03%
Max Drawdown (3Y) Largest decline over 3 years	—	-31.34%	—
Current Drawdown Current decline from peak	-0.82%	-0.66%	-0.16%
Average Drawdown Average peak-to-trough decline	-4.76%	-5.35%	+0.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.36%	5.51%	-0.15%

Volatility

TTEQ vs. CHAT - Volatility Comparison

The current volatility for T. Rowe Price Technology ETF (TTEQ) is 7.97%, while Roundhill Generative AI & Technology ETF (CHAT) has a volatility of 11.70%. This indicates that TTEQ 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

	TTEQ	CHAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.97%	11.70%	-3.73%
Volatility (6M) Calculated over the trailing 6-month period	18.88%	24.62%	-5.74%
Volatility (1Y) Calculated over the trailing 1-year period	23.30%	30.74%	-7.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.30%	29.90%	-2.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.30%	29.90%	-2.60%

TTEQ vs. CHAT - Expense Ratio Comparison

TTEQ has a 0.63% expense ratio, which is lower than CHAT's 0.75% expense ratio.

Dividends

TTEQ vs. CHAT - Dividend Comparison

TTEQ has not paid dividends to shareholders, while CHAT's dividend yield for the trailing twelve months is around 1.64%.

Position	TTM	2025
CHAT Roundhill Generative AI & Technology ETF	1.64%	2.85%
TTEQ T. Rowe Price Technology ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both TTEQ and CHAT in my portfolio?

TTEQ 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, TTEQ or CHAT?

CHAT has higher volatility (11.70%) compared to TTEQ (7.97%). In terms of maximum drawdown, TTEQ dropped -26.97% vs CHAT's -31.34%.

Which ETF is better, TTEQ or CHAT?

On 1-year performance, CHAT leads with 144.01% vs 66.44% for TTEQ. On fees, TTEQ is cheaper at 0.63% per year. On volatility, TTEQ has been the lower-risk option at 7.97%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TTEQ or CHAT?

Over the 1-year period, CHAT has performed better with a 144.01% return vs 66.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TTEQ or CHAT?

TTEQ is cheaper with a 0.63% expense ratio, compared with 0.75% for CHAT.

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

CHAT has the higher dividend yield at 1.64%, compared with 0.00% for TTEQ.

What is the main difference between TTEQ and CHAT?

They also come from different issuers: T. Rowe Price and Roundhill. Their fees differ too: 0.63% for TTEQ and 0.75% for CHAT.

Which has better risk-adjusted returns?

CHAT currently has the higher Sharpe Ratio (4.72 vs 2.87), 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.