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Data as of .

CHAT vs IGPT: which is really different?

CHAT and IGPT hold 35% of their weight in the same names, and IGPT returned more over the year.

Roundhill Generative AI & Technology ETF and Invesco AI and Next Gen Software ETF.

47.9%CHAT in the S&P 500
75.3%IGPT in the S&P 500
+52.0%CHAT total return, 1 year
+78.2%IGPT total return, 1 year

ETFIQ Off-Index Score: IGPT scores higher

How much of it is not the index it is sold as an alternative to?

CHAT 5.7IGPT 9.90.1, the lowest in this set91.8, the highest

A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed

CHAT52% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
48%52%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 72% · top ten 40% of the fund · 47 holdings filed Sep 18, 2026 · Nasdaq-100: 44% in48%52%in the S&P 500outside the S&P 500active share 72% · top ten 40% of the fund
IGPT25% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
75%25%of its weight in S&P 500 companiesoutside the S&P 500active share 79% · top ten 62% of the fund · 116 holdings filed Sep 19, 2026 · Nasdaq-100: 69% in75%25%in the S&P 500outsideactive share 79% · top ten 62% of the fund

35% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, CHAT and IGPT hold 35% of their money in the same securities at the same weight.

Positions CHAT and IGPT both hold, largest shared weight first
HoldingCHATIGPT
NVIDIA Corp6.92%8.55%
Alphabet Inc5.69%7.69%
SK hynix Inc4.40%4.33%
Advanced Micro Devices Inc3.14%9.02%
Micron Technology Inc3.09%8.03%
Meta Platforms Inc2.36%9.22%
Kioxia Holdings Corp1.89%1.85%
Snowflake Inc1.93%1.73%
Dell Technologies Inc1.83%1.42%
MARVELL TECHNOLOGY INC1.40%3.21%
Intel Corp1.34%4.11%
Astera Labs Inc2.86%0.78%
Only in each
Only in CHATOnly in IGPT
Microsoft Corp 3.72%Sandisk Corp 4.00%
Amazon.com Inc 3.42%MediaTek Inc 3.59%
ASML Holding NV 3.27%Seagate Technology Holdings PLC 2.90%
SoftBank Group Corp 2.78%Western Digital Corp 2.29%
Coherent Corp 2.55%QUALCOMM Inc 2.21%
Broadcom Inc 2.53%Intuitive Surgical Inc 2.10%
Samsung Electronics Co Ltd 2.49%Keyence Corp 1.52%
Taiwan Semiconductor Manufacturing Co Ltd 2.46%Equinix Inc 1.52%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 18, 2026 and Sep 19, 2026.

Performance, window by window

CHAT and IGPT over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
CHATIGPTCHATIGPTCHATIGPT
3 months−12.2%−8.1%−14.5 pts−10.3 pts−9.8 pts−5.6 pts
6 months+43.6%+61.7%+25.6 pts+43.7 pts+19.4 pts+37.5 pts
1 year+52.0%+78.2%+35.5 pts+61.6 pts+30.3 pts+56.4 pts
3 years+237.0%+195.7%+158.6 pts+117.3 pts+138.8 pts+97.5 pts
Since launch+256.5%+1395.7%+166.8 pts+592.1 pts+138.6 pts−294.6 pts
Open the live comparison on ETFIQ
CHAT and IGPT on the same fields, as of Sep 18, 2026. Source: ETFIQ.
CHAT
Roundhill Generative AI & Technology ETF
Holds 47 stocks in artificial intelligence, 48% of its weight in S&P 500 companies
IGPT
Invesco AI and Next Gen Software ETF
Holds 116 stocks in artificial intelligence, 75% of its weight in S&P 500 companies
IssuerRoundhillInvesco
ThemeArtificial intelligenceArtificial intelligence
In the S&P 50047.9%75.3%
Active share vs the S&P 50072.1%79.2%
In the Nasdaq-10044.1%69.1%
Holdings47116
Top ten, share of the fund39.5%61.7%
Expense ratio0.75%0.57%
Fee for the differing part1.04%0.72%
Total return, 1 year+52.0%+78.2%
vs the S&P 500+35.5 pts+61.6 pts
vs the Nasdaq-100+30.3 pts+56.4 pts
Below its high−13.7%−9.5%
Net assets$1.8bn$1.3bn

CHAT in plain words

By weight, 48% of CHAT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 72%. The top ten holdings are 40% of the fund across 47 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +52.0% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 35.5 pts. It sits 13.7% below its all-time high of Jun 22, 2026.

IGPT in plain words

By weight, 75% of IGPT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 79%. The top ten holdings are 62% of the fund across 116 positions, as published by its issuer for Sep 19, 2026. Over the year to Sep 18, 2026 the fund returned +78.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 61.6 pts. It sits 9.5% below its all-time high of Jun 22, 2026.

Questions people ask

Do CHAT and IGPT hold the same stocks?
By their latest filings, 35% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, CHAT or IGPT?
CHAT has 48% of its weight in S&P 500 names and IGPT has 75%, so IGPT differs more from the index.
Which is cheaper, CHAT or IGPT?
CHAT charges 0.75% a year and IGPT charges 0.57%, so IGPT is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

CHAT against IGPT, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, CHAT against IGPT, data as of Sep 18, 2026. https://etfiq.com/compare/themes/chat-vs-igpt Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources