XT vs. CHAT

Last updated Jun 4, 2026

XT (iShares Future Exponential Technologies ETF) and CHAT (Roundhill Generative AI & Technology ETF) are both Technology Equities funds. XT is passively managed, while CHAT is actively managed. Over the past 3 years, XT returned 18.83%/yr vs 55.51%/yr for CHAT. Their correlation of 0.82 suggests significant overlap in exposure. XT charges 0.46%/yr vs 0.75%/yr for CHAT.

Performance

XT vs. CHAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Future Exponential Technologies ETF (XT) 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, XT achieves a 20.20% return, which is significantly lower than CHAT's 74.30% return.

XT

• 1D: -0.47%
• 1M: 9.47%
• YTD: 20.20%
• 6M: 20.54%
• 1Y: 45.88%
• 3Y*: 18.83%
• 5Y*: 8.42%
• 10Y*: 14.70%

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)

XT vs. CHAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
XT iShares Future Exponential Technologies ETF	20.20%	26.28%	0.29%	14.56%
CHAT Roundhill Generative AI & Technology ETF	74.30%	49.85%	30.98%	19.23%

Correlation

The correlation between XT and CHAT is 0.77, 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	0.77
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (All Time) Calculated using the full available price history since May 19, 2023	0.82

The correlation between XT and CHAT has been stable across timeframes, ranging from 0.77 to 0.82 - a consistent structural relationship.

XT vs. CHAT - Sectors Allocation Comparison

Sectors	XT	CHAT
Technology	43.5%	76.5%
Healthcare	23.4%	-
Industrials	10.1%	0.8%
Consumer Cyclical	7.9%	5.6%
Communication Services	5.2%	16.6%
Utilities	4.6%	-
Financial Services	3.3%	0.0%
Basic Materials	2.0%	-
Energy	0.3%	-
Real Estate	0.0%	-
Consumer Defensive	0.0%	-

Return for Risk

XT vs. CHAT — Risk / Return Rank

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

XT

XT Risk / Return Rank: 84
XT Sharpe Ratio Rank: 86
XT Sortino Ratio Rank: 84
XT Omega Ratio Rank: 79
XT Calmar Ratio Rank: 83
XT Martin Ratio Rank: 86

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.

XT vs. CHAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Future Exponential Technologies ETF (XT) 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.

	XT	CHAT	Difference
Sharpe ratio: Return per unit of total volatility	2.89	4.72	-1.84
Sortino ratio: Return per unit of downside risk	3.83	4.86	-1.03
Omega ratio: Gain probability vs. loss probability	1.48	1.65	-0.17
Calmar ratio: Return relative to maximum drawdown	4.41	8.90	-4.49
Martin ratio: Return relative to average drawdown	18.51	26.26	-7.75
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XT vs. CHAT - Sharpe Ratio Comparison

The current XT Sharpe Ratio is 2.89, which is lower than the CHAT Sharpe Ratio of 4.72. The chart below compares the historical Sharpe Ratios of XT 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

	XT	CHAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.89	4.72	-1.84
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.73	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.66	1.98	-1.32

Drawdowns

XT vs. CHAT - Drawdown Comparison

The maximum XT drawdown since its inception was -34.41%, which is greater than CHAT's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for XT and CHAT.

Drawdown Indicators

	XT	CHAT	Difference
Max Drawdown Largest peak-to-trough decline	-34.41%	-31.34%	-3.07%
Max Drawdown (1Y) Largest decline over 1 year	-10.45%	-16.28%	+5.83%
Max Drawdown (3Y) Largest decline over 3 years	-22.09%	-31.34%	+9.25%
Max Drawdown (5Y) Largest decline over 5 years	-34.41%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.41%	—	—
Current Drawdown Current decline from peak	-0.47%	-0.66%	+0.19%
Average Drawdown Average peak-to-trough decline	-7.41%	-5.35%	-2.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.49%	5.51%	-3.02%

Volatility

XT vs. CHAT - Volatility Comparison

The current volatility for iShares Future Exponential Technologies ETF (XT) is 4.85%, while Roundhill Generative AI & Technology ETF (CHAT) has a volatility of 11.70%. This indicates that XT 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

	XT	CHAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.85%	11.70%	-6.85%
Volatility (6M) Calculated over the trailing 6-month period	11.94%	24.62%	-12.68%
Volatility (1Y) Calculated over the trailing 1-year period	15.99%	30.74%	-14.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.76%	29.90%	-9.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.08%	29.90%	-9.82%

XT vs. CHAT - Expense Ratio Comparison

XT has a 0.46% expense ratio, which is lower than CHAT's 0.75% expense ratio.

Dividends

XT vs. CHAT - Dividend Comparison

XT's dividend yield for the trailing twelve months is around 6.61%, more than CHAT's 1.64% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%
XT iShares Future Exponential Technologies ETF	6.61%	7.95%	0.66%	0.41%	0.78%	0.84%	0.77%	1.55%	1.40%	0.97%	1.37%	1.34%

Frequently Asked Questions

Can I hold both XT and CHAT in my portfolio?

XT and CHAT have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XT or CHAT?

CHAT has higher volatility (11.70%) compared to XT (4.85%). In terms of maximum drawdown, XT dropped -34.41% vs CHAT's -31.34%.

Which ETF is better, XT or CHAT?

On 3-year performance, CHAT leads with 55.51% vs 18.83% for XT. On fees, XT is cheaper at 0.46% per year. On volatility, XT has been the lower-risk option at 4.85%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XT or CHAT?

Over the 3-year period, CHAT has performed better with a 55.51% return vs 18.83%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XT or CHAT?

XT is cheaper with a 0.46% expense ratio, compared with 0.75% for CHAT.

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

XT has the higher dividend yield at 6.61%, compared with 1.64% for CHAT.

What is the main difference between XT and CHAT?

They also come from different issuers: iShares and Roundhill. Their fees differ too: 0.46% for XT and 0.75% for CHAT.

Which has better risk-adjusted returns?

CHAT currently has the higher Sharpe Ratio (4.72 vs 2.89), 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.