WTAI vs. CHAT

Last updated Jun 4, 2026

WTAI (WisdomTree Artificial Intelligence and Innovation Fund) and CHAT (Roundhill Generative AI & Technology ETF) are both Technology Equities funds. WTAI is passively managed, while CHAT is actively managed. Over the past 3 years, WTAI returned 37.21%/yr vs 55.51%/yr for CHAT. Their correlation of 0.90 suggests significant overlap in exposure. WTAI charges 0.45%/yr vs 0.75%/yr for CHAT.

Performance

WTAI vs. CHAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Artificial Intelligence and Innovation Fund (WTAI) 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, WTAI achieves a 59.81% return, which is significantly lower than CHAT's 74.30% return.

WTAI

• 1D: -0.89%
• 1M: 26.62%
• YTD: 59.81%
• 6M: 58.39%
• 1Y: 109.20%
• 3Y*: 37.21%
• 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)

WTAI vs. CHAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
WTAI WisdomTree Artificial Intelligence and Innovation Fund	59.81%	34.83%	6.53%	19.68%
CHAT Roundhill Generative AI & Technology ETF	74.30%	49.85%	30.98%	19.23%

Correlation

The correlation between WTAI and CHAT is 0.90, 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	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (All Time) Calculated using the full available price history since May 19, 2023	0.90

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

WTAI vs. CHAT - Sectors Allocation Comparison

Sectors	WTAI	CHAT
Technology	71.6%	76.5%
Consumer Cyclical	8.3%	5.6%
Communication Services	7.2%	16.6%
Industrials	5.6%	0.8%
Financial Services	3.8%	0.0%
Utilities	0.9%	-
Consumer Defensive	0.4%	-
Basic Materials	-	-
Energy	-	-
Healthcare	-	-
Real Estate	-	-

Return for Risk

WTAI vs. CHAT — Risk / Return Rank

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

WTAI

WTAI Risk / Return Rank: 92
WTAI Sharpe Ratio Rank: 95
WTAI Sortino Ratio Rank: 90
WTAI Omega Ratio Rank: 89
WTAI Calmar Ratio Rank: 94
WTAI Martin Ratio Rank: 91

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.

WTAI vs. CHAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Artificial Intelligence and Innovation Fund (WTAI) 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.

	WTAI	CHAT	Difference
Sharpe ratio: Return per unit of total volatility	3.87	4.72	-0.85
Sortino ratio: Return per unit of downside risk	4.29	4.86	-0.57
Omega ratio: Gain probability vs. loss probability	1.57	1.65	-0.08
Calmar ratio: Return relative to maximum drawdown	7.12	8.90	-1.78
Martin ratio: Return relative to average drawdown	22.73	26.26	-3.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WTAI vs. CHAT - Sharpe Ratio Comparison

The current WTAI Sharpe Ratio is 3.87, which is comparable to the CHAT Sharpe Ratio of 4.72. The chart below compares the historical Sharpe Ratios of WTAI 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

	WTAI	CHAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.87	4.72	-0.85
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	1.98	-1.47

Drawdowns

WTAI vs. CHAT - Drawdown Comparison

The maximum WTAI drawdown since its inception was -45.92%, which is greater than CHAT's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for WTAI and CHAT.

Drawdown Indicators

	WTAI	CHAT	Difference
Max Drawdown Largest peak-to-trough decline	-45.92%	-31.34%	-14.58%
Max Drawdown (1Y) Largest decline over 1 year	-15.42%	-16.28%	+0.86%
Max Drawdown (3Y) Largest decline over 3 years	-31.83%	-31.34%	-0.49%
Current Drawdown Current decline from peak	-0.89%	-0.66%	-0.23%
Average Drawdown Average peak-to-trough decline	-19.80%	-5.35%	-14.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.82%	5.51%	-0.69%

Volatility

WTAI vs. CHAT - Volatility Comparison

The current volatility for WisdomTree Artificial Intelligence and Innovation Fund (WTAI) is 10.86%, while Roundhill Generative AI & Technology ETF (CHAT) has a volatility of 11.70%. This indicates that WTAI 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

	WTAI	CHAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.86%	11.70%	-0.84%
Volatility (6M) Calculated over the trailing 6-month period	22.71%	24.62%	-1.91%
Volatility (1Y) Calculated over the trailing 1-year period	28.39%	30.74%	-2.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.99%	29.90%	+1.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.99%	29.90%	+1.09%

WTAI vs. CHAT - Expense Ratio Comparison

WTAI has a 0.45% expense ratio, which is lower than CHAT's 0.75% expense ratio.

Dividends

WTAI vs. CHAT - Dividend Comparison

WTAI's dividend yield for the trailing twelve months is around 1.13%, less than CHAT's 1.64% yield.

Position	TTM	2025	2024	2023	2022
CHAT Roundhill Generative AI & Technology ETF	1.64%	2.85%	0.00%	0.00%	0.00%
WTAI WisdomTree Artificial Intelligence and Innovation Fund	1.13%	1.81%	0.19%	0.24%	0.22%

Frequently Asked Questions

Can I hold both WTAI and CHAT in my portfolio?

WTAI and CHAT have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WTAI or CHAT?

CHAT has higher volatility (11.70%) compared to WTAI (10.86%). In terms of maximum drawdown, WTAI dropped -45.92% vs CHAT's -31.34%.

Which ETF is better, WTAI or CHAT?

On 3-year performance, CHAT leads with 55.51% vs 37.21% for WTAI. On fees, WTAI is cheaper at 0.45% per year. On volatility, WTAI has been the lower-risk option at 10.86%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WTAI or CHAT?

Over the 3-year period, CHAT has performed better with a 55.51% return vs 37.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WTAI or CHAT?

WTAI is cheaper with a 0.45% expense ratio, compared with 0.75% for CHAT.

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

CHAT has the higher dividend yield at 1.64%, compared with 1.13% for WTAI.

What is the main difference between WTAI and CHAT?

They also come from different issuers: WisdomTree and Roundhill. Their fees differ too: 0.45% for WTAI and 0.75% for CHAT.

Which has better risk-adjusted returns?

CHAT currently has the higher Sharpe Ratio (4.72 vs 3.87), 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.