XITK vs. CHAT

Last updated Jun 4, 2026

XITK (SPDR FactSet Innovative Technology ETF) and CHAT (Roundhill Generative AI & Technology ETF) are both Technology Equities funds. XITK is passively managed, while CHAT is actively managed. Over the past 3 years, XITK returned 17.58%/yr vs 55.51%/yr for CHAT. A 0.75 correlation means they provide meaningful diversification when combined. XITK charges 0.45%/yr vs 0.75%/yr for CHAT.

Performance

XITK vs. CHAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR FactSet Innovative Technology ETF (XITK) 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, XITK achieves a 13.97% return, which is significantly lower than CHAT's 74.30% return.

XITK

• 1D: -3.51%
• 1M: 12.45%
• YTD: 13.97%
• 6M: 14.17%
• 1Y: 11.38%
• 3Y*: 17.58%
• 5Y*: -0.31%
• 10Y*: 14.35%

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)

XITK vs. CHAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
XITK SPDR FactSet Innovative Technology ETF	13.97%	2.53%	19.12%	24.73%
CHAT Roundhill Generative AI & Technology ETF	74.30%	49.85%	30.98%	19.23%

Correlation

The correlation between XITK and CHAT is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.75
Correlation (All Time) Calculated using the full available price history since May 19, 2023	0.75

The correlation between XITK and CHAT shifts across timeframes, from 0.61 (1 year) to 0.75 (3 years), reflecting how their relationship changes across market environments.

XITK vs. CHAT - Sectors Allocation Comparison

Sectors	XITK	CHAT
Technology	83.4%	76.5%
Communication Services	8.6%	16.6%
Consumer Cyclical	2.2%	5.6%
Industrials	2.0%	0.8%
Financial Services	1.7%	0.0%
Healthcare	1.6%	-
Real Estate	0.5%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Utilities	-	-

Return for Risk

XITK vs. CHAT — Risk / Return Rank

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

XITK

XITK Risk / Return Rank: 15
XITK Sharpe Ratio Rank: 15
XITK Sortino Ratio Rank: 16
XITK Omega Ratio Rank: 15
XITK Calmar Ratio Rank: 14
XITK Martin Ratio Rank: 13

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.

XITK vs. CHAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR FactSet Innovative Technology ETF (XITK) 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.

	XITK	CHAT	Difference
Sharpe ratio: Return per unit of total volatility	0.43	4.72	-4.29
Sortino ratio: Return per unit of downside risk	0.78	4.86	-4.08
Omega ratio: Gain probability vs. loss probability	1.09	1.65	-0.56
Calmar ratio: Return relative to maximum drawdown	0.41	8.90	-8.49
Martin ratio: Return relative to average drawdown	0.95	26.26	-25.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XITK vs. CHAT - Sharpe Ratio Comparison

The current XITK Sharpe Ratio is 0.43, which is lower than the CHAT Sharpe Ratio of 4.72. The chart below compares the historical Sharpe Ratios of XITK 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

	XITK	CHAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.43	4.72	-4.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.01	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	1.98	-1.47

Drawdowns

XITK vs. CHAT - Drawdown Comparison

The maximum XITK drawdown since its inception was -65.56%, which is greater than CHAT's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for XITK and CHAT.

Drawdown Indicators

	XITK	CHAT	Difference
Max Drawdown Largest peak-to-trough decline	-65.56%	-31.34%	-34.22%
Max Drawdown (1Y) Largest decline over 1 year	-28.03%	-16.28%	-11.75%
Max Drawdown (3Y) Largest decline over 3 years	-28.18%	-31.34%	+3.16%
Max Drawdown (5Y) Largest decline over 5 years	-61.53%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-65.56%	—	—
Current Drawdown Current decline from peak	-22.29%	-0.66%	-21.63%
Average Drawdown Average peak-to-trough decline	-22.08%	-5.35%	-16.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.96%	5.51%	+6.45%

Volatility

XITK vs. CHAT - Volatility Comparison

The current volatility for SPDR FactSet Innovative Technology ETF (XITK) is 8.59%, while Roundhill Generative AI & Technology ETF (CHAT) has a volatility of 11.70%. This indicates that XITK 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

	XITK	CHAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.59%	11.70%	-3.11%
Volatility (6M) Calculated over the trailing 6-month period	21.87%	24.62%	-2.75%
Volatility (1Y) Calculated over the trailing 1-year period	26.50%	30.74%	-4.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.63%	29.90%	+2.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.57%	29.90%	-0.33%

XITK vs. CHAT - Expense Ratio Comparison

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

Dividends

XITK vs. CHAT - Dividend Comparison

XITK has not paid dividends to shareholders, while CHAT's dividend yield for the trailing twelve months is around 1.64%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
CHAT Roundhill Generative AI & Technology ETF	1.64%	2.85%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XITK SPDR FactSet Innovative Technology ETF	0.00%	0.00%	0.00%	0.08%	0.11%	0.00%	0.06%	0.14%	1.50%	1.74%	1.88%

Frequently Asked Questions

Can I hold both XITK and CHAT in my portfolio?

XITK and CHAT have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XITK or CHAT?

CHAT has higher volatility (11.70%) compared to XITK (8.59%). In terms of maximum drawdown, XITK dropped -65.56% vs CHAT's -31.34%.

Which ETF is better, XITK or CHAT?

On 3-year performance, CHAT leads with 55.51% vs 17.58% for XITK. On fees, XITK is cheaper at 0.45% per year. On volatility, XITK has been the lower-risk option at 8.59%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XITK or CHAT?

Over the 3-year period, CHAT has performed better with a 55.51% return vs 17.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XITK or CHAT?

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

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

CHAT has the higher dividend yield at 1.64%, compared with 0.00% for XITK.

What is the main difference between XITK and CHAT?

They also come from different issuers: State Street and Roundhill. Their fees differ too: 0.45% for XITK and 0.75% for CHAT.

Which has better risk-adjusted returns?

CHAT currently has the higher Sharpe Ratio (4.72 vs 0.43), 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.