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Data as of Nov 4, 2026.

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Thematic ETFs

CHAT vs WISE: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, CHAT returned +16.2% to WISE's −29.1%; 22% of their weight is in the same names.

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Net assets on Nov 4, 2026: $1.5bn for Roundhill Generative AI & Technology ETF and $22m for Themes Generative Artificial Intelligence ETF.

CHAT on its own →WISE on its own →
At a glance
60.9%
CHAT in the S&P 500
30.1%
WISE in the S&P 500
+16.2%
CHAT total return, 1 year
−29.1%
WISE total return, 1 year
CHAT · 1 year to Nov 4, 2026 39% of its weight is outside the S&P 500
39% of its weight is outside the S&P 50061% of CHAT's weight is in S&P 500 companies and 39% is outside the index. Holdings as of Nov 4, 2026.61%39%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 70% · top ten 48% of the fund · 35 holdings as published by its issuer for Nov 4, 2026 · Nasdaq-100: 68% in39% of its weight is outside the S&P 50061% of CHAT's weight is in S&P 500 companies and 39% is outside the index. Holdings as of Nov 4, 2026.61%39%in the S&P 500outsideactive share 70% · Nasdaq-100: 68% in

61% of CHAT's weight is in S&P 500 companies and 39% is outside the index. Holdings as of Nov 4, 2026.

WISE · 1 year to Nov 4, 2026 70% of its weight is outside the S&P 500
70% of its weight is outside the S&P 50030% of WISE's weight is in S&P 500 companies and 70% is outside the index. Holdings as of Nov 4, 2026.30%70%in the S&P 500of its weight outside the S&P 500active share 83% · top ten 49% of the fund · 41 holdings as published by its issuer for Nov 4, 2026 · Nasdaq-100: 28% in70% of its weight is outside the S&P 50030% of WISE's weight is in S&P 500 companies and 70% is outside the index. Holdings as of Nov 4, 2026.30%70%inoutside the S&P 500active share 83% · Nasdaq-100: 28% in

30% of WISE's weight is in S&P 500 companies and 70% is outside the index. Holdings as of Nov 4, 2026.

Pair scorecard

WISE costs 0.40 points a year less; their one-year returns differ by 45.3 points; CHAT is far larger, $1.5bn against $22m.

Points (pts) are percentage points.

CHAT vs WISE: Holdings Overlap & Returns
MeasureCHATWISE
Return
Total return, 1 year+16.2%−29.1%
Drawdown
Below its all-time high30.0%, high on Jun 22, 202634.2%, high on Oct 15, 2025
Against its benchmark
What it tracksArtificial intelligenceArtificial intelligence
Against the S&P 500, 1 yearahead by 1.4 pts
Its benchmark, total return, 1 year+14.8%+15.0%
Against its benchmark, 1 yearahead by 1.4 ptsbehind by 44.1 pts
Cost and size
Expense ratio0.75%0.35%
Net assets$1.5bn$22m
Holdings
Holdings in common22%

Method

What they share

22%

By the books each fund has filed, CHAT and WISE hold 22% of their money in the same securities at the same weight. Holdings dated Nov 4, 2026.

0 half 100%

half

22% in common

Positions both hold · largest shared weight first CHAT WISE
NVIDIA Corp 7.97% 5.47%
Alphabet Inc 6.31% 4.26%
Advanced Micro Devices Inc 3.88% 5.21%
Broadcom Inc 3.00% 3.70%
Amazon.com Inc 5.42% 2.84%
Snowflake Inc 2.28% 5.01%
Only in one fund ↓
Only in CHAT
Microsoft Corp 6.09%
Meta Platforms Inc 4.58%
Micron Technology Inc 3.83%
Crowdstrike Holdings Inc 3.52%
SK hynix Inc 3.32%
Cloudflare Inc 3.20%
ARM Holdings PLC 3.17%
ASML Holding NV 3.17%
Only in WISE
Information Services Group Inc 6.06%
Caris Life Sciences Inc 5.24%
C3.ai Inc 5.12%
Palantir Technologies Inc 4.59%
BIGBEAR.AI HOLDINGS INC 4.17%
Kingsoft Cloud Holdings Ltd 4.03%
PKSHA Technology Inc 3.80%
Ambarella Inc 3.69%
Check overlap with more funds →

Window by window

Window by window: CHAT vs WISE: Holdings Overlap & Returns
Total returnvs its benchmark
WindowCHATWISECHATWISE
3 months−18.3%−18.0%−18.2 pts vs VOO−16.7 pts vs ACWI
6 months−15.2%−23.6%−20.2 pts vs VOO−26.2 pts vs ACWI
1 year+16.2%−29.1%+1.4 pts vs VOO−44.1 pts vs ACWI
3 years+170.8%–+87.5 pts vs VOO–
Since launchNot the same days: CHAT May 2023 · WISE Dec 2023+189.0%+23.6%+97.4 pts vs VOO−45.1 pts vs ACWI

– means no data for this window. Open this comparison in the app →

Side by side

CHAT Roundhill Generative AI & Technology ETF · Holds 35 stocks in artificial intelligence, 61% of its weight in S&P 500 companies WISE Themes Generative Artificial Intelligence ETF · Holds 41 stocks in artificial intelligence, 30% of its weight in S&P 500 companies
Issuer Roundhill Themes
Theme Artificial intelligence Artificial intelligence
In the S&P 500 60.9% 30.1%
Active share vs the S&P 500 70.2% 83.3%
In the Nasdaq-100 68.0% 27.8%
Holdings 35 41
Top ten, share of the fund 48.1% 49.2%
Expense ratio 0.75% 0.35%
Fee for the differing part 1.07% 0.42%
Total return, 1 year +16.2% −29.1%
vs its benchmark +1.4 pts vs VOO −44.1 pts vs ACWI
Below its high −30.0% −34.2%
Net assets $1.5bn $22m

As of Nov 4, 2026. Source: ETFIQ.

22% of the two portfolios are the same securities at the same weight.

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About each fund
CHAT

By weight, 61% of CHAT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 70%. The top ten holdings are 48% of the fund across 35 positions, as published by its issuer for Nov 4, 2026. Over the year to Nov 4, 2026 the fund returned +16.2% with distributions reinvested against +14.8% for its benchmark, the S&P 500 Total Return Index, so a holder was ahead by 1.4 pts. It sits 30.0% below its all-time high of Jun 22, 2026.

WISE

By weight, 30% of WISE'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 49% of the fund across 41 positions, as published by its issuer for Nov 4, 2026. Over the year to Nov 4, 2026 the fund returned −29.1% with distributions reinvested against +15.0% for its benchmark, the MSCI ACWI Index, so a holder was behind by 44.1 pts. It sits 34.2% 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. 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 61% of its weight in S&P 500 names and WISE has 30%, 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
CHAT vs DRAICHAT vs JHAICHAT vs NEWZCHAT vs WDRNWISE vs AGIXWISE vs WTAIWISE vs FAIWISE vs XAIX
Where to next
All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →CHAT on its own →WISE on its own →CHAT dividend history →CHAT holdings →WISE dividend history →WISE holdings →Method →Standards and sources →
Sources and dates
CHAT filings on SEC EDGAR ↗
CHAT prospectus with the expense ratio (SEC) ↗
Roundhill page for CHAT ↗
WISE filings on SEC EDGAR ↗
WISE prospectus with the expense ratio (SEC) ↗
Themes page for WISE ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

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ETFIQ, CHAT against WISE, data as of Nov 4, 2026. https://etfiq.com/compare/themes/chat-vs-wise

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.