WPAY vs. CHAT

Last updated Apr 1, 2026

Compare and contrast key facts about Roundhill WeeklyPay™ Universe ETF (WPAY) and Roundhill Generative AI & Technology ETF (CHAT).

WPAY and CHAT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WPAY is a passively managed fund by Roundhill that tracks the performance of the Solactive Roundhill WeeklyPay™ Universe Index. It was launched on Sep 3, 2025. CHAT is an actively managed fund by Roundhill. It was launched on May 17, 2023.

Performance

WPAY vs. CHAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill WeeklyPay™ Universe ETF (WPAY) and Roundhill Generative AI & Technology ETF (CHAT). The values are adjusted to include any dividend payments, if applicable.

WPAY vs. CHAT - Yearly Performance Comparison

	2026 (YTD)	2025
WPAY Roundhill WeeklyPay™ Universe ETF	-10.65%	-2.47%
CHAT Roundhill Generative AI & Technology ETF	4.90%	13.39%

Returns By Period

In the year-to-date period, WPAY achieves a -10.65% return, which is significantly lower than CHAT's 4.90% return.

WPAY

• 1D: -1.58%
• 1M: -3.05%
• YTD: -10.65%
• 6M: -19.33%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CHAT

• 1D: 4.72%
• 1M: -3.19%
• YTD: 4.90%
• 6M: 3.42%
• 1Y: 82.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WPAY vs. CHAT - Expense Ratio Comparison

WPAY has a 0.99% expense ratio, which is higher than CHAT's 0.75% expense ratio.

WPAY

Roundhill WeeklyPay™ Universe ETF

CHAT

Roundhill Generative AI & Technology ETF

Return for Risk

WPAY vs. CHAT — Risk / Return Rank

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

CHAT

CHAT Risk / Return Rank: 95
CHAT Sharpe Ratio Rank: 96
CHAT Sortino Ratio Rank: 95
CHAT Omega Ratio Rank: 94
CHAT Calmar Ratio Rank: 97
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.

WPAY vs. CHAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill WeeklyPay™ Universe ETF (WPAY) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	WPAY	CHAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.42	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.78	1.27	-2.05

Correlation

The correlation between WPAY and CHAT is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

WPAY vs. CHAT - Dividend Comparison

WPAY's dividend yield for the trailing twelve months is around 36.55%, more than CHAT's 2.72% yield.

	TTM	2025
WPAY Roundhill WeeklyPay™ Universe ETF	36.55%	21.51%
CHAT Roundhill Generative AI & Technology ETF	2.72%	2.85%

Drawdowns

WPAY vs. CHAT - Drawdown Comparison

The maximum WPAY drawdown since its inception was -26.17%, smaller than the maximum CHAT drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for WPAY and CHAT.

Drawdown Indicators

	WPAY	CHAT	Difference
Max Drawdown Largest peak-to-trough decline	-26.17%	-31.34%	+5.17%
Max Drawdown (1Y) Largest decline over 1 year	—	-16.28%	—
Current Drawdown Current decline from peak	-25.35%	-6.73%	-18.62%
Average Drawdown Average peak-to-trough decline	-11.92%	-5.61%	-6.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.85%	—

Volatility

Volatility by Period

	WPAY	CHAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.21%	—
Volatility (6M) Calculated over the trailing 6-month period	—	23.24%	—
Volatility (1Y) Calculated over the trailing 1-year period	28.83%	34.27%	-5.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.83%	29.27%	-0.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.83%	29.27%	-0.44%