UX vs. CHAT

Last updated Jun 24, 2026

UX (Roundhill Uranium ETF) and CHAT (Roundhill Generative AI & Technology ETF) are both exchange-traded funds - UX is a Uranium fund actively managed by Roundhill, while CHAT is a Technology Equities fund actively managed by Roundhill. Both are actively managed. Over the past year, UX returned -0.88% vs 115.67% for CHAT. At a 0.33 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

UX vs. CHAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Uranium ETF (UX) 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, UX achieves a -5.87% return, which is significantly lower than CHAT's 63.45% return.

UX

• 1D: -0.14%
• 1M: -4.39%
• YTD: -5.87%
• 6M: -5.85%
• 1Y: -0.88%
• 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)

UX vs. CHAT - Yearly Performance Comparison

	2026 (YTD)	2025
UX Roundhill Uranium ETF	-5.87%	18.96%
CHAT Roundhill Generative AI & Technology ETF	63.45%	47.34%

Correlation

The correlation between UX and CHAT is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (All Time) Calculated using the full available price history since Jan 29, 2025	0.33

UX vs. CHAT - Sectors Allocation Comparison

Sectors	UX	CHAT
Energy	100.0%	-
Basic Materials	-	-
Communication Services	-	16.1%
Consumer Cyclical	-	2.4%
Consumer Defensive	-	-
Financial Services	-	0.0%
Healthcare	-	-
Industrials	-	3.5%
Real Estate	-	-
Technology	-	77.8%
Utilities	-	-

Return for Risk

UX vs. CHAT — Risk / Return Rank

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

UX

UX Risk / Return Rank: 9
UX Sharpe Ratio Rank: 9
UX Sortino Ratio Rank: 9
UX Omega Ratio Rank: 9
UX Calmar Ratio Rank: 9
UX Martin Ratio Rank: 8

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.

UX vs. CHAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Uranium ETF (UX) 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.

	UX	CHAT	Difference
Sharpe ratio: Return per unit of total volatility	-0.03	3.34	-3.36
Sortino ratio: Return per unit of downside risk	0.21	3.54	-3.33
Omega ratio: Gain probability vs. loss probability	1.02	1.49	-0.47
Calmar ratio: Return relative to maximum drawdown	-0.04	7.14	-7.18
Martin ratio: Return relative to average drawdown	-0.07	19.81	-19.88

UX vs. CHAT - Sharpe Ratio Comparison

The current UX Sharpe Ratio is -0.03, which is lower than the CHAT Sharpe Ratio of 3.34. The chart below compares the historical Sharpe Ratios of UX 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

UX vs. CHAT - Drawdown Comparison

The maximum UX drawdown since its inception was -24.92%, smaller than the maximum CHAT drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for UX and CHAT.

Drawdown Indicators

	UX	CHAT	Difference
Max Drawdown Largest peak-to-trough decline	-24.92%	-31.34%	+6.42%
Max Drawdown (1Y) Largest decline over 1 year	-24.92%	-16.28%	-8.64%
Max Drawdown (3Y) Largest decline over 3 years	—	-31.34%	—
Current Drawdown Current decline from peak	-23.84%	-7.40%	-16.44%
Average Drawdown Average peak-to-trough decline	-10.58%	-5.38%	-5.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.97%	5.86%	+7.11%

Volatility

UX vs. CHAT - Volatility Comparison

The current volatility for Roundhill Uranium ETF (UX) is 7.95%, while Roundhill Generative AI & Technology ETF (CHAT) has a volatility of 19.25%. This indicates that UX 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

	UX	CHAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.95%	19.25%	-11.30%
Volatility (6M) Calculated over the trailing 6-month period	24.25%	29.60%	-5.35%
Volatility (1Y) Calculated over the trailing 1-year period	34.10%	34.87%	-0.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.99%	31.22%	+4.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.99%	31.22%	+4.77%

UX vs. CHAT - Expense Ratio Comparison

Both UX and CHAT have an expense ratio of 0.75%.

Dividends

UX vs. CHAT - Dividend Comparison

UX's dividend yield for the trailing twelve months is around 1.57%, less than CHAT's 1.74% yield.

Position	TTM	2025
CHAT Roundhill Generative AI & Technology ETF	1.74%	2.85%
UX Roundhill Uranium ETF	1.57%	1.48%

Frequently Asked Questions

Can I hold both UX and CHAT in my portfolio?

UX and CHAT have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UX or CHAT?

CHAT has higher volatility (19.25%) compared to UX (7.95%). In terms of maximum drawdown, UX dropped -24.92% vs CHAT's -31.34%.

Which ETF is better, UX or CHAT?

On 1-year performance, CHAT leads with 115.67% vs -0.88% for UX. Both ETFs have the same 0.75% expense ratio. On volatility, UX has been the lower-risk option at 7.95%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, UX or CHAT?

Over the 1-year period, CHAT has performed better with a 115.67% return vs -0.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, UX or CHAT?

UX and CHAT have the same expense ratio: 0.75% per year.

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

CHAT has the higher dividend yield at 1.74%, compared with 1.57% for UX.

What is the main difference between UX and CHAT?

UX is categorized as Uranium, while CHAT is Technology Equities.

Which has better risk-adjusted returns?

CHAT currently has the higher Sharpe Ratio (3.34 vs -0.03), 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.