WTAI vs. CHAT

Last updated Aug 2, 2026

WTAI (WisdomTree Artificial Intelligence and Innovation Fund) and CHAT (Roundhill Generative AI & Technology ETF) are both Artificial Intelligence funds. WTAI is passively managed, while CHAT is actively managed. Over the past 3 years, WTAI returned 24.91%/yr vs 40.54%/yr for CHAT. Their correlation of 0.91 means they have usually moved in the same direction. 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 32.02% return, which is significantly lower than CHAT's 39.01% return.

WTAI

• 1D: 1.18%
• 1M: -9.63%
• 6M: 27.01%
• YTD: 32.02%
• 1Y: 58.80%
• 3Y*: 24.91%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 10.22%

CHAT

• 1D: 2.22%
• 1M: -7.69%
• 6M: 32.64%
• YTD: 39.01%
• 1Y: 68.87%
• 3Y*: 40.54%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 45.20%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CHAT Roundhill Generative AI & Technology ETF	$58.63M	$57.19M	$67.40M
WTAI WisdomTree Artificial Intelligence and Innovation Fund	$14.53M	$18.03M	$13.96M

WTAI vs. CHAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
WTAI WisdomTree Artificial Intelligence and Innovation Fund	32.02%	34.83%	6.53%	22.66%
CHAT Roundhill Generative AI & Technology ETF	39.01%	49.85%	30.98%	21.04%

Correlation

The correlation between WTAI and CHAT is 0.93, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.93
Correlation (3Y) Balances recent behavior with more history.	0.91
Correlation (All Time) Calculated using the full available price history since May 18, 2023	0.91

The correlation between WTAI and CHAT has been stable across timeframes, ranging from 0.91 to 0.93 - a consistent structural relationship.

WTAI vs. CHAT - Sectors Allocation Comparison

Sectors	WTAI	CHAT
Technology	71.6%	78.9%
Consumer Cyclical	8.3%	2.3%
Communication Services	7.2%	15.2%
Industrials	5.6%	3.6%
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 historical risk-adjusted metric ranks over the past 12 months.

WTAI

WTAI Risk / Return Rank: 59
WTAI Sharpe Ratio Rank: 61
WTAI Sortino Ratio Rank: 57
WTAI Omega Ratio Rank: 58
WTAI Calmar Ratio Rank: 55
WTAI Martin Ratio Rank: 64

CHAT

CHAT Risk / Return Rank: 66
CHAT Sharpe Ratio Rank: 73
CHAT Sortino Ratio Rank: 63
CHAT Omega Ratio Rank: 64
CHAT Calmar Ratio Rank: 65
CHAT Martin Ratio Rank: 66

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

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.

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.

	WTAI	CHAT	Difference
Sharpe ratio: Return per unit of total volatility	1.43	1.63	-0.20
Sortino ratio: Return per unit of downside risk	1.92	2.08	-0.16
Omega ratio: Gain probability vs. loss probability	1.25	1.27	-0.02
Calmar ratio: Return relative to maximum drawdown	1.96	2.25	-0.29
Martin ratio: Return relative to average drawdown	7.66	7.96	-0.29

WTAI vs. CHAT - Sharpe Ratio Comparison

The current WTAI Sharpe Ratio is 1.43, which is comparable to the CHAT Sharpe Ratio of 1.63. 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.

Drawdowns

WTAI vs. CHAT - Drawdown Comparison

The maximum WTAI drawdown since its inception was -45.96%, 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	-45.96%	-31.34%	-14.62%
Max Drawdown (1Y) Largest decline over 1 year	-27.61%	-28.34%	+0.73%
Max Drawdown (3Y) Largest decline over 3 years	-31.83%	-31.34%	-0.49%
Current Drawdown Current decline from peak	-20.43%	-21.25%	+0.82%
Average Drawdown Average peak-to-trough decline	-19.54%	-5.73%	-13.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.05%	8.01%	-0.96%

Volatility

WTAI vs. CHAT - Volatility Comparison

WisdomTree Artificial Intelligence and Innovation Fund (WTAI) and Roundhill Generative AI & Technology ETF (CHAT) have volatilities of 17.48% and 16.74%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. 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	17.48%	16.74%	+0.74%
Volatility (6M) Calculated over the trailing 6-month period	33.66%	34.39%	-0.73%
Volatility (1Y) Calculated over the trailing 1-year period	37.82%	39.18%	-1.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.70%	32.41%	+0.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.70%	32.41%	+0.29%

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 1.37%, less than CHAT's 2.05% yield.

Position	TTM	2025	2024	2023	2022
CHAT Roundhill Generative AI & Technology ETF	2.05%	2.85%	0.00%	0.00%	0.00%
WTAI WisdomTree Artificial Intelligence and Innovation Fund	1.37%	1.81%	0.19%	0.24%	0.22%

Frequently Asked Questions

Can I hold both WTAI and CHAT in my portfolio?

With a correlation of 0.93, WTAI and CHAT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, WTAI or CHAT?

WTAI has higher volatility (17.48%) compared to CHAT (16.74%). In terms of maximum drawdown, WTAI dropped -45.96% vs CHAT's -31.34%.

Which ETF is better, WTAI or CHAT?

On 3-year performance, CHAT leads with 40.54% vs 24.91% for WTAI. On fees, WTAI is cheaper at 0.45% per year. On volatility, CHAT has been the lower-risk option at 16.74%. 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 40.54% return vs 24.91%. 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 2.05%, compared with 1.37% 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 (1.63 vs 1.43), 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.