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Data as of .

CHAT vs THNQ: which is really different?

CHAT and THNQ hold 36% of their weight in the same names, and CHAT returned more over the year.

Roundhill Generative AI & Technology ETF and ROBO Global(R) Artificial Intelligence ETF.

47.9%CHAT in the S&P 500
43.9%THNQ in the S&P 500
+52.0%CHAT total return, 1 year
+42.4%THNQ total return, 1 year

ETFIQ Off-Index Score: THNQ scores higher

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

CHAT 5.7THNQ 15.30.1, 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
THNQ56% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
44%56%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 83% · top ten 28% of the fund · 53 holdings filed Apr 30, 2026 · Nasdaq-100: 39% in44%56%in the S&P 500outside the S&P 500active share 83% · top ten 28% of the fund

36% 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 THNQ hold 36% of their money in the same securities at the same weight.

Positions CHAT and THNQ both hold, largest shared weight first
HoldingCHATTHNQ
Advanced Micro Devices Inc3.14%3.46%
Nebius Group NV3.02%2.94%
Astera Labs Inc2.86%2.71%
Alphabet Inc5.69%2.60%
Amazon.com Inc3.42%2.38%
Lumentum Holdings Inc2.33%2.84%
Cloudflare Inc2.13%1.99%
ASML Holding NV3.27%1.98%
Meta Platforms Inc2.36%1.84%
SoftBank Group Corp2.78%1.83%
Arista Networks Inc1.81%2.21%
Crowdstrike Holdings Inc2.25%1.80%
Only in each
Only in CHATOnly in THNQ
NVIDIA Corp 6.92%Global Unichip Corp 2.92%
SK hynix Inc 4.40%Infineon Technologies AG 2.67%
Microsoft Corp 3.72%Credo Technology Group Holding Ltd 2.62%
Micron Technology Inc 3.09%MediaTek Inc. 2.54%
ARM Holdings PLC 2.63%AMBARELLA, INC. 2.47%
Coherent Corp 2.55%ANALOG DEVICES, INC. 2.42%
Broadcom Inc 2.53%QUALCOMM INCORPORATED 2.25%
Samsung Electronics Co Ltd 2.49%IONQ Inc 2.19%

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 THNQ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
CHATTHNQCHATTHNQCHATTHNQ
3 months−12.2%+2.8%−14.5 pts+0.6 pts−9.8 pts+5.3 pts
6 months+43.6%+54.1%+25.6 pts+36.1 pts+19.4 pts+29.9 pts
1 year+52.0%+42.4%+35.5 pts+25.8 pts+30.3 pts+20.6 pts
3 years+237.0%+165.2%+158.6 pts+86.8 pts+138.8 pts+67.0 pts
Since launch+256.5%+264.4%+166.8 pts+79.6 pts+138.6 pts+34.3 pts
Open the live comparison on ETFIQ
CHAT and THNQ 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
THNQ
ROBO Global(R) Artificial Intelligence ETF
Holds 53 stocks in artificial intelligence, 44% of its weight in S&P 500 companies
IssuerRoundhillROBO Global
ThemeArtificial intelligenceArtificial intelligence
In the S&P 50047.9%43.9%
Active share vs the S&P 50072.1%83.1%
In the Nasdaq-10044.1%38.5%
Holdings4753
Top ten, share of the fund39.5%27.8%
Expense ratio0.75%0.68%
Fee for the differing part1.04%0.82%
Total return, 1 year+52.0%+42.4%
vs the S&P 500+35.5 pts+25.8 pts
vs the Nasdaq-100+30.3 pts+20.6 pts
Below its high−13.7%−2.5%
Net assets$1.8bn$322m

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.

THNQ in plain words

By weight, 44% of THNQ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 83%. The top ten holdings are 28% of the fund across 53 positions, as filed for Apr 30, 2026. Over the year to Sep 18, 2026 the fund returned +42.4% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 25.8 pts.

Questions people ask

Do CHAT and THNQ hold the same stocks?
By their latest filings, 36% 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 THNQ?
CHAT has 48% of its weight in S&P 500 names and THNQ has 44%, so THNQ differs more from the index.
Which is cheaper, CHAT or THNQ?
CHAT charges 0.75% a year and THNQ charges 0.68%, so THNQ 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 THNQ, 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 THNQ, data as of Sep 18, 2026. https://etfiq.com/compare/themes/chat-vs-thnq Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources