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Data as of .

CHAT vs IVES: which is really different?

CHAT and IVES hold 39% of their weight in the same names, and CHAT returned more over the year.

Roundhill Generative AI & Technology ETF and Dan IVES Wedbush AI Revolution ETF.

47.9%CHAT in the S&P 500
73.9%IVES in the S&P 500
+52.0%CHAT total return, 1 year
+27.2%IVES total return, 1 year

ETFIQ Off-Index Score: CHAT scores higher

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

CHAT 5.7IVES 2.50.1, 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
IVES26% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
74%26%of its weight in S&P 500 companiesoutside the S&P 500active share 67% · top ten 50% of the fund · 30 holdings filed Apr 30, 2026 · Nasdaq-100: 63% in74%26%in the S&P 500outsideactive share 67% · top ten 50% of the fund

39% 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 IVES hold 39% of their money in the same securities at the same weight.

Positions CHAT and IVES both hold, largest shared weight first
HoldingCHATIVES
Alphabet Inc5.69%5.38%
NVIDIA Corp6.92%4.84%
Microsoft Corp3.72%4.44%
Amazon.com Inc3.42%5.42%
Advanced Micro Devices Inc3.14%6.33%
Micron Technology Inc3.09%4.66%
Broadcom Inc2.53%5.44%
Meta Platforms Inc2.36%4.17%
CoreWeave Inc2.27%2.55%
Crowdstrike Holdings Inc2.25%2.67%
Nebius Group NV3.02%2.20%
Alibaba Group Holding Ltd1.97%3.40%
Only in each
Only in CHATOnly in IVES
SK hynix Inc 4.40%TAIWAN SEMICONDUCTOR MANUFACTURING COMPA 4.95%
ASML Holding NV 3.27%APPLE INC 4.72%
Astera Labs Inc 2.86%GE VERNOVA INC 4.25%
SoftBank Group Corp 2.78%TESLA INC 4.06%
ARM Holdings PLC 2.63%ORACLE CORP 3.45%
Coherent Corp 2.55%PALANTIR TECHNOLOGIES INC 3.23%
Samsung Electronics Co Ltd 2.49%PALO ALTO NETWORKS INC 3.01%
Taiwan Semiconductor Manufacturing Co Ltd 2.46%INTERNATIONAL BUSINESS MACHINES CORP 3.00%

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 Apr 30, 2026 and Sep 18, 2026.

Performance, window by window

CHAT and IVES over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
CHATIVESCHATIVESCHATIVES
3 months−12.2%+5.6%−14.5 pts+3.3 pts−9.8 pts+8.1 pts
6 months+43.6%+37.2%+25.6 pts+19.2 pts+19.4 pts+13.0 pts
1 year+52.0%+27.2%+35.5 pts+10.6 pts+30.3 pts+5.4 pts
3 years+237.0%not published+158.6 ptsnot published+138.8 ptsnot published
Since launch+256.5%+58.8%+166.8 pts+28.9 pts+138.6 pts+21.6 pts
Open the live comparison on ETFIQ
CHAT and IVES 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
IVES
Dan IVES Wedbush AI Revolution ETF
Holds 30 stocks in artificial intelligence, 74% of its weight in S&P 500 companies
IssuerRoundhillWedbush
ThemeArtificial intelligenceArtificial intelligence
In the S&P 50047.9%73.9%
Active share vs the S&P 50072.1%66.5%
In the Nasdaq-10044.1%62.6%
Holdings4730
Top ten, share of the fund39.5%50.4%
Expense ratio0.75%0.75%
Fee for the differing part1.04%1.13%
Total return, 1 year+52.0%+27.2%
vs the S&P 500+35.5 pts+10.6 pts
vs the Nasdaq-100+30.3 pts+5.4 pts
Below its high−13.7%−3.8%
Net assets$1.8bn$997m

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.

IVES in plain words

By weight, 74% of IVES's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 66%. The top ten holdings are 50% of the fund across 30 positions, as filed for Apr 30, 2026. Over the year to Sep 18, 2026 the fund returned +27.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 10.6 pts.

Questions people ask

Do CHAT and IVES hold the same stocks?
By their latest filings, 39% 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 IVES?
CHAT has 48% of its weight in S&P 500 names and IVES has 74%, so CHAT differs more from the index.
Which is cheaper, CHAT or IVES?
CHAT charges 0.75% a year and IVES charges 0.75%, so CHAT 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 IVES, 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 IVES, data as of Sep 18, 2026. https://etfiq.com/compare/themes/chat-vs-ives Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources