Data as of .
CHAT vs LQAI: which is really different?
CHAT and LQAI hold 30% of their weight in the same names, and CHAT returned more over the year.
ETFIQ Off-Index Score: CHAT scores higher
How much of it is not the index it is sold as an alternative to?
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
30% 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 LQAI hold 30% of their money in the same securities at the same weight.
| Holding | CHAT | LQAI |
|---|---|---|
| NVIDIA Corp | 6.92% | 5.99% |
| Microsoft Corp | 3.72% | 3.40% |
| Amazon.com Inc | 3.42% | 3.25% |
| Micron Technology Inc | 3.09% | 5.92% |
| Broadcom Inc | 2.53% | 2.85% |
| Alphabet Inc | 5.69% | 2.42% |
| Meta Platforms Inc | 2.36% | 2.60% |
| CoreWeave Inc | 2.27% | 1.42% |
| MARVELL TECHNOLOGY INC | 1.40% | 1.73% |
| Lumentum Holdings Inc | 2.33% | 1.03% |
| Intel Corp | 1.34% | 0.73% |
| Advanced Micro Devices Inc | 3.14% | 0.71% |
| Only in CHAT | Only in LQAI |
|---|---|
| SK hynix Inc 4.40% | TESLA INC 5.88% |
| ASML Holding NV 3.27% | SANDISK CORP 5.44% |
| Nebius Group NV 3.02% | APPLE INC 2.64% |
| Astera Labs Inc 2.86% | KENVUE INC 2.22% |
| SoftBank Group Corp 2.78% | FORD MOTOR CO 2.15% |
| ARM Holdings PLC 2.63% | KINDER MORGAN INC 2.12% |
| Samsung Electronics Co Ltd 2.49% | SOFI TECHNOLOGIES INC 2.06% |
| Taiwan Semiconductor Manufacturing Co Ltd 2.46% | WARNER BROS. DISCOVERY INC 2.00% |
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
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| CHAT | LQAI | CHAT | LQAI | CHAT | LQAI | |
| 3 months | −12.2% | −3.4% | −14.5 pts | −5.6 pts | −9.8 pts | −0.9 pts |
| 6 months | +43.6% | +20.9% | +25.6 pts | +2.9 pts | +19.4 pts | −3.3 pts |
| 1 year | +52.0% | +17.3% | +35.5 pts | +0.8 pts | +30.3 pts | −4.4 pts |
| 3 years | +237.0% | not published | +158.6 pts | not published | +138.8 pts | not published |
| Since launch | +256.5% | +88.0% | +166.8 pts | +7.2 pts | +138.6 pts | −8.7 pts |
| CHAT Roundhill Generative AI & Technology ETF Holds 47 stocks in artificial intelligence, 48% of its weight in S&P 500 companies | LQAI LG QRAFT AI-Powered U.S. Large Cap Core ETF Holds 100 stocks in artificial intelligence, 90% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Roundhill | Qraft |
| Theme | Artificial intelligence | Artificial intelligence |
| In the S&P 500 | 47.9% | 89.9% |
| Active share vs the S&P 500 | 72.1% | 62.1% |
| In the Nasdaq-100 | 44.1% | 58.2% |
| Holdings | 47 | 100 |
| Top ten, share of the fund | 39.5% | 40.4% |
| Expense ratio | 0.75% | 0.75% |
| Fee for the differing part | 1.04% | 1.21% |
| Total return, 1 year | +52.0% | +17.3% |
| vs the S&P 500 | +35.5 pts | +0.8 pts |
| vs the Nasdaq-100 | +30.3 pts | −4.4 pts |
| Below its high | −13.7% | −4.2% |
| Net assets | $1.8bn | $2m |
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.
LQAI in plain words
By weight, 90% of LQAI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 62%. The top ten holdings are 40% of the fund across 100 positions, as filed for Apr 30, 2026. Over the year to Sep 18, 2026 the fund returned +17.3% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 0.8 pts.
Questions people ask
- Do CHAT and LQAI hold the same stocks?
- By their latest filings, 30% 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 LQAI?
- CHAT has 48% of its weight in S&P 500 names and LQAI has 90%, so CHAT differs more from the index.
- Which is cheaper, CHAT or LQAI?
- CHAT charges 0.75% a year and LQAI 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.
Cite this page. ETFIQ, CHAT against LQAI, data as of Sep 18, 2026. https://etfiq.com/compare/themes/chat-vs-lqai Free to use with attribution; the underlying files are at Open data.