WUGI vs. CHAT

Last updated Jun 24, 2026

WUGI (Esoterica NextG Economy ETF) and CHAT (Roundhill Generative AI & Technology ETF) are both exchange-traded funds - WUGI is a Large Cap Growth Equities fund actively managed by Esoterica, while CHAT is a Technology Equities fund actively managed by Roundhill. Both are actively managed. Over the past 3 years, WUGI returned 36.12%/yr vs 51.32%/yr for CHAT. Their correlation of 0.90 suggests significant overlap in exposure. Both charge a 0.75% expense ratio.

Performance

WUGI vs. CHAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Esoterica NextG Economy ETF (WUGI) 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, WUGI achieves a 26.73% return, which is significantly lower than CHAT's 63.45% return.

WUGI

• 1D: -4.21%
• 1M: 8.44%
• YTD: 26.73%
• 6M: 26.00%
• 1Y: 44.78%
• 3Y*: 36.12%
• 5Y*: 15.56%
• 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)

WUGI vs. CHAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
WUGI Esoterica NextG Economy ETF	26.73%	22.66%	47.14%	27.11%
CHAT Roundhill Generative AI & Technology ETF	63.45%	49.85%	30.98%	21.04%

Correlation

The correlation between WUGI and CHAT is 0.87, 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	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (All Time) Calculated using the full available price history since May 18, 2023	0.90

The correlation between WUGI and CHAT has been stable across timeframes, ranging from 0.87 to 0.90 - a consistent structural relationship.

WUGI vs. CHAT - Sectors Allocation Comparison

Sectors	WUGI	CHAT
Technology	76.3%	77.8%
Communication Services	8.8%	16.1%
Industrials	7.3%	3.5%
Consumer Cyclical	5.6%	2.4%
Financial Services	2.0%	0.0%
Healthcare	0.2%	-
Consumer Defensive	0.1%	-
Real Estate	0.1%	-
Basic Materials	0.0%	-
Energy	0.0%	-
Utilities	-	-

Return for Risk

WUGI vs. CHAT — Risk / Return Rank

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

WUGI

WUGI Risk / Return Rank: 51
WUGI Sharpe Ratio Rank: 53
WUGI Sortino Ratio Rank: 49
WUGI Omega Ratio Rank: 51
WUGI Calmar Ratio Rank: 54
WUGI Martin Ratio Rank: 50

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.

WUGI vs. CHAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Esoterica NextG Economy ETF (WUGI) 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.

	WUGI	CHAT	Difference
Sharpe ratio: Return per unit of total volatility	1.70	3.34	-1.64
Sortino ratio: Return per unit of downside risk	2.26	3.54	-1.28
Omega ratio: Gain probability vs. loss probability	1.30	1.49	-0.19
Calmar ratio: Return relative to maximum drawdown	2.50	7.14	-4.64
Martin ratio: Return relative to average drawdown	8.09	19.81	-11.72

WUGI vs. CHAT - Sharpe Ratio Comparison

The current WUGI Sharpe Ratio is 1.70, which is lower than the CHAT Sharpe Ratio of 3.34. The chart below compares the historical Sharpe Ratios of WUGI 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

WUGI vs. CHAT - Drawdown Comparison

The maximum WUGI drawdown since its inception was -56.41%, which is greater than CHAT's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for WUGI and CHAT.

Drawdown Indicators

	WUGI	CHAT	Difference
Max Drawdown Largest peak-to-trough decline	-56.41%	-31.34%	-25.07%
Max Drawdown (1Y) Largest decline over 1 year	-17.99%	-16.28%	-1.71%
Max Drawdown (3Y) Largest decline over 3 years	-27.49%	-31.34%	+3.85%
Max Drawdown (5Y) Largest decline over 5 years	-56.41%	—	—
Current Drawdown Current decline from peak	-4.21%	-7.40%	+3.19%
Average Drawdown Average peak-to-trough decline	-16.55%	-5.38%	-11.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.55%	5.86%	-0.31%

Volatility

WUGI vs. CHAT - Volatility Comparison

The current volatility for Esoterica NextG Economy ETF (WUGI) is 14.54%, while Roundhill Generative AI & Technology ETF (CHAT) has a volatility of 19.25%. This indicates that WUGI 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

	WUGI	CHAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.54%	19.25%	-4.71%
Volatility (6M) Calculated over the trailing 6-month period	23.17%	29.60%	-6.43%
Volatility (1Y) Calculated over the trailing 1-year period	26.54%	34.87%	-8.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.28%	31.22%	+0.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.21%	31.22%	-0.01%

WUGI vs. CHAT - Expense Ratio Comparison

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

Dividends

WUGI vs. CHAT - Dividend Comparison

WUGI's dividend yield for the trailing twelve months is around 18.02%, more than CHAT's 1.74% yield.

Position	TTM	2025	2024
CHAT Roundhill Generative AI & Technology ETF	1.74%	2.85%	0.00%
WUGI Esoterica NextG Economy ETF	18.02%	22.83%	4.09%

Frequently Asked Questions

Can I hold both WUGI and CHAT in my portfolio?

WUGI and CHAT have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WUGI or CHAT?

CHAT has higher volatility (19.25%) compared to WUGI (14.54%). In terms of maximum drawdown, WUGI dropped -56.41% vs CHAT's -31.34%.

Which ETF is better, WUGI or CHAT?

On 3-year performance, CHAT leads with 51.32% vs 36.12% for WUGI. Both ETFs have the same 0.75% expense ratio. On volatility, WUGI has been the lower-risk option at 14.54%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WUGI or CHAT?

Over the 3-year period, CHAT has performed better with a 51.32% return vs 36.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WUGI or CHAT?

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

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

WUGI has the higher dividend yield at 18.02%, compared with 1.74% for CHAT.

What is the main difference between WUGI and CHAT?

WUGI is categorized as Large Cap Growth Equities, while CHAT is Technology Equities. They also come from different issuers: Esoterica and Roundhill.

Which has better risk-adjusted returns?

CHAT currently has the higher Sharpe Ratio (3.34 vs 1.70), 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.