Data as of .
CHAT vs WISE: which is really different?
CHAT and WISE hold 22% of their weight in the same names, and CHAT returned more over the year.
ETFIQ Off-Index Score: WISE 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
22% 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 WISE hold 22% of their money in the same securities at the same weight.
| Holding | CHAT | WISE |
|---|---|---|
| NVIDIA Corp | 6.92% | 4.70% |
| Amazon.com Inc | 3.42% | 3.46% |
| Advanced Micro Devices Inc | 3.14% | 11.41% |
| Alphabet Inc | 5.69% | 2.91% |
| Broadcom Inc | 2.53% | 3.53% |
| CoreWeave Inc | 2.27% | 2.10% |
| Snowflake Inc | 1.93% | 5.15% |
| Arista Networks Inc | 1.81% | 1.69% |
| Only in CHAT | Only in WISE |
|---|---|
| SK hynix Inc 4.40% | QuickLogic Corp 7.53% |
| Microsoft Corp 3.72% | Gorilla Technology Group Inc 5.49% |
| ASML Holding NV 3.27% | Information Services Group Inc 3.45% |
| Micron Technology Inc 3.09% | BigBear.ai Holdings Inc 3.37% |
| Nebius Group NV 3.02% | SoundHound AI Inc 3.35% |
| Astera Labs Inc 2.86% | Palantir Technologies Inc 3.18% |
| SoftBank Group Corp 2.78% | Blaize Holdings Inc 3.13% |
| ARM Holdings PLC 2.63% | Datasection Inc 3.07% |
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 Jun 30, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| CHAT | WISE | CHAT | WISE | CHAT | WISE | |
| 3 months | −12.2% | −13.3% | −14.5 pts | −15.6 pts | −9.8 pts | −10.8 pts |
| 6 months | +43.6% | +7.5% | +25.6 pts | −10.5 pts | +19.4 pts | −16.8 pts |
| 1 year | +52.0% | −17.1% | +35.5 pts | −33.7 pts | +30.3 pts | −38.9 pts |
| 3 years | +237.0% | not published | +158.6 pts | not published | +138.8 pts | not published |
| Since launch | +256.5% | +42.7% | +166.8 pts | −28.9 pts | +138.6 pts | −44.1 pts |
| CHAT Roundhill Generative AI & Technology ETF Holds 47 stocks in artificial intelligence, 48% of its weight in S&P 500 companies | WISE Themes Generative Artificial Intelligence ETF Holds 40 stocks in artificial intelligence, 32% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Roundhill | Themes |
| Theme | Artificial intelligence | Artificial intelligence |
| In the S&P 500 | 47.9% | 32.4% |
| Active share vs the S&P 500 | 72.1% | 83.6% |
| In the Nasdaq-100 | 44.1% | 29.2% |
| Holdings | 47 | 40 |
| Top ten, share of the fund | 39.5% | 51.4% |
| Expense ratio | 0.75% | 0.35% |
| Fee for the differing part | 1.04% | 0.42% |
| Total return, 1 year | +52.0% | −17.1% |
| vs the S&P 500 | +35.5 pts | −33.7 pts |
| vs the Nasdaq-100 | +30.3 pts | −38.9 pts |
| Below its high | −13.7% | −24.0% |
| Net assets | $1.8bn | $28m |
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.
WISE in plain words
By weight, 32% of WISE's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 84%. The top ten holdings are 51% of the fund across 40 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned −17.1% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 33.7 pts. It sits 24.0% below its all-time high of Oct 15, 2025.
Questions people ask
- Do CHAT and WISE hold the same stocks?
- By their latest filings, 22% 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 WISE?
- CHAT has 48% of its weight in S&P 500 names and WISE has 32%, so WISE differs more from the index.
- Which is cheaper, CHAT or WISE?
- CHAT charges 0.75% a year and WISE charges 0.35%, so WISE 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 WISE, data as of Sep 18, 2026. https://etfiq.com/compare/themes/chat-vs-wise Free to use with attribution; the underlying files are at Open data.