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ETFs

Roundhill Generative AI & Technology ETF

CHAT
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 18 2023
Expense Ratio
0.75%
Type
Global Equities
Fund Owner
Roundhill Financial
Volume (1m avg. daily)
$1,735,216
AUM
$69,885,637
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

NVDA
NVIDIA Corp
7.90%
MSFT
Microsoft Corporation
6.86%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
6.64%
ADBE
Adobe Inc
6.23%
BIDU
Baidu Inc - ADR
5.15%
CRM
Salesforce Inc
4.88%
META
Meta Platforms Inc - Ordinary Shares - Class A
4.74%
002230
Iflytek Co Ltd - Ordinary Shares - Class A
3.90%
AMD
Advanced Micro Devices Inc.
3.89%
BABA
Alibaba Group Holding Ltd - ADR
3.82%
Invest with CHAT

What is CHAT?

The Roundhill Generative AI & Technology ETF is an actively-managed fund designed to provide exposure to companies involved in the investment theme of artificial intelligence, generative artificial intelligence, and related technologies. Generative AI is a type of artificial intelligence technology that uses neural networks to generate new data that is similar in structure and format to existing data. Unlike other AI techniques that use existing data to make predictions or classifications, generative AI can create entirely new data that is original and unique. This is accomplished through the use of complex algorithms that learn to recognize patterns and relationships within large datasets, allowing the AI system to generate new content or ideas that are similar in style or format.

ETFs related toCHAT

ETFs correlated to CHAT include METV, IGM, AIQ

CHAT
Tidal Trust II - Roundhill Generative AI & Technology ETF
METV
Listed Funds Trust - Roundhill Ball Metaverse ETF
IGM
BlackRock Institutional Trust Company N.A. - iShares Expanded Tech Sector ETF
AIQ
Global X Funds - Global X Artificial Intelligence & Technology ETF
BULZ
Bank of Montreal - MicroSectorsTM Solactive FANG Innovation 3X Leveraged ETNs
XNTK
SPDR Series Trust - SPDR NYSE Technology ETF
TQQQ
ProShares Trust - ProShares UltraPro QQQ 3x Shares
QQQM
Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 ETF
FNGO
Bank of Montreal - MicroSectors FANG+Index 2X Leveraged ETNs
QLD
ProShares Trust - ProShares Ultra QQQ 2x Shares
QQQ
Invesco Capital Management LLC - Invesco QQQ Trust Series 1

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toCHAT

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

#BORING

The Not Boring: Rising Rates with Vol Switch

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with CHAT using Composer

FAQ

CHAT is a Global Equities ETF. The Roundhill Generative AI & Technology ETF is an actively-managed fund designed to provide exposure to companies involved in the investment theme of artificial intelligence, generative artificial intelligence, and related technologies. Generative AI is a type of artificial intelligence technology that uses neural networks to generate new data that is similar in structure and format to existing data. Unlike other AI techniques that use existing data to make predictions or classifications, generative AI can create entirely new data that is original and unique. This is accomplished through the use of complex algorithms that learn to recognize patterns and relationships within large datasets, allowing the AI system to generate new content or ideas that are similar in style or format.

Yes, CHAT is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, CHAT is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on CHAT is -0.0348%. This is the percent change in the value of CHAT over the most recent 1-month period. The 3-month return on CHAT is -0.051%. This is the percent change in the value of CHAT over the most recent 3-month period.

ETFs similar to CHAT include PBW, IGF, and ARKK.

ETFs correlated to CHAT include METV, IGM, and AIQ.

ETFs that are inversely correlated to CHAT include BERZ, SQQQ, and QID.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.