XTN vs. CHAT

Last updated Apr 1, 2026

Compare and contrast key facts about SPDR S&P Transportation ETF (XTN) and Roundhill Generative AI & Technology ETF (CHAT).

XTN and CHAT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XTN is a passively managed fund by State Street that tracks the performance of the S&P Transportation Select Industry Index. It was launched on Jan 26, 2011. CHAT is an actively managed fund by Roundhill. It was launched on May 17, 2023.

Performance

XTN vs. CHAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Transportation ETF (XTN) and Roundhill Generative AI & Technology ETF (CHAT). The values are adjusted to include any dividend payments, if applicable.

XTN vs. CHAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
XTN SPDR S&P Transportation ETF	2.02%	6.33%	4.86%	14.28%
CHAT Roundhill Generative AI & Technology ETF	4.90%	49.85%	30.98%	19.23%

Returns By Period

In the year-to-date period, XTN achieves a 2.02% return, which is significantly lower than CHAT's 4.90% return.

XTN

• 1D: 3.95%
• 1M: -8.93%
• YTD: 2.02%
• 6M: 11.42%
• 1Y: 26.99%
• 3Y*: 9.63%
• 5Y*: 1.87%
• 10Y*: 8.43%

CHAT

• 1D: 4.72%
• 1M: -3.19%
• YTD: 4.90%
• 6M: 3.42%
• 1Y: 82.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XTN vs. CHAT - Expense Ratio Comparison

XTN has a 0.35% expense ratio, which is lower than CHAT's 0.75% expense ratio.

CHAT

Roundhill Generative AI & Technology ETF

XTN

SPDR S&P Transportation ETF

Return for Risk

XTN vs. CHAT — Risk / Return Rank

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

XTN

XTN Risk / Return Rank: 52
XTN Sharpe Ratio Rank: 48
XTN Sortino Ratio Rank: 54
XTN Omega Ratio Rank: 47
XTN Calmar Ratio Rank: 63
XTN Martin Ratio Rank: 49

CHAT

CHAT Risk / Return Rank: 95
CHAT Sharpe Ratio Rank: 96
CHAT Sortino Ratio Rank: 95
CHAT Omega Ratio Rank: 94
CHAT Calmar Ratio Rank: 97
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.

XTN vs. CHAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Transportation ETF (XTN) 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.

	XTN	CHAT	Difference
Sharpe ratio Return per unit of total volatility	0.84	2.42	-1.58
Sortino ratio Return per unit of downside risk	1.40	3.04	-1.64
Omega ratio Gain probability vs. loss probability	1.18	1.42	-0.24
Calmar ratio Return relative to maximum drawdown	1.54	4.94	-3.40
Martin ratio Return relative to average drawdown	4.60	13.74	-9.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XTN vs. CHAT - Sharpe Ratio Comparison

The current XTN Sharpe Ratio is 0.84, which is lower than the CHAT Sharpe Ratio of 2.42. The chart below compares the historical Sharpe Ratios of XTN and CHAT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	XTN	CHAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.84	2.42	-1.58
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.07	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.33	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	1.27	-0.87

Correlation

The correlation between XTN and CHAT is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

XTN vs. CHAT - Dividend Comparison

XTN's dividend yield for the trailing twelve months is around 0.79%, less than CHAT's 2.72% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
XTN SPDR S&P Transportation ETF	0.79%	0.78%	0.93%	0.73%	1.04%	1.02%	0.75%	1.17%	0.98%	0.63%	0.66%	1.03%
CHAT Roundhill Generative AI & Technology ETF	2.72%	2.85%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

XTN vs. CHAT - Drawdown Comparison

The maximum XTN drawdown since its inception was -43.77%, which is greater than CHAT's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for XTN and CHAT.

Drawdown Indicators

	XTN	CHAT	Difference
Max Drawdown Largest peak-to-trough decline	-43.77%	-31.34%	-12.43%
Max Drawdown (1Y) Largest decline over 1 year	-17.28%	-16.28%	-1.00%
Max Drawdown (5Y) Largest decline over 5 years	-35.05%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-43.77%	—	—
Current Drawdown Current decline from peak	-12.15%	-6.73%	-5.42%
Average Drawdown Average peak-to-trough decline	-10.97%	-5.61%	-5.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.79%	5.85%	-0.06%

Volatility

XTN vs. CHAT - Volatility Comparison

The current volatility for SPDR S&P Transportation ETF (XTN) is 9.95%, while Roundhill Generative AI & Technology ETF (CHAT) has a volatility of 13.21%. This indicates that XTN 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

	XTN	CHAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.95%	13.21%	-3.26%
Volatility (6M) Calculated over the trailing 6-month period	19.35%	23.24%	-3.89%
Volatility (1Y) Calculated over the trailing 1-year period	32.25%	34.27%	-2.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.20%	29.27%	-3.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.88%	29.27%	-3.39%