Data as of Nov 4, 2026.
CHAT vs XAIX: Holdings Overlap & Returns
Over the year to Nov 4, 2026, CHAT returned +16.2% to XAIX's +25.0%; 47% of their weight is in the same names.
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Net assets: $1.5bn on Nov 4, 2026 for Roundhill Generative AI & Technology ETF, and $147m on Nov 2, 2026 for Xtrackers Artificial Intelligence and Big Data ETF.
61% of CHAT's weight is in S&P 500 companies and 39% is outside the index. Holdings as of Nov 4, 2026.
79% of XAIX's weight is in S&P 500 companies and 21% is outside the index. Holdings as of Aug 31, 2026.
Pair scorecard
XAIX costs 0.40 points a year less; their one-year returns differ by 8.8 points; CHAT is 10.2 times larger.
Points (pts) are percentage points.
| Measure | CHAT | XAIX |
|---|---|---|
| Return | ||
| Total return, 1 year | +16.2% | +25.0% |
| Drawdown | ||
| Below its all-time high | 30.0%, high on Jun 22, 2026 | 11.3%, high on Jun 2, 2026 |
| Against its benchmark | ||
| What it tracks | Artificial intelligence | Artificial intelligence |
| Against the S&P 500, 1 year | ahead by 1.4 pts | |
| Its benchmark, total return, 1 year | +14.8% | +15.0% |
| Against its benchmark, 1 year | ahead by 1.4 pts | ahead by 10.0 pts |
| Cost and size | ||
| Expense ratio | 0.75% | 0.35% |
| Net assets, as of Nov 2, 2026 | $1.5bn | $147m |
| Active share vs the S&P 500 | 70% | 66% |
| Holdings | ||
| Holdings in common | 47% | |
How different its holdings are from the S&P 500, ranked against 114 thematic ETFs with at least half their money in S&P 500 companies. 100 is best. How it is computed
Weight not shared with the S&P 500 only; it says nothing about returns, fees or whether the theme pays off. All thematic ETFs ranked by it →
Risk and return
Aug 9, 2024 to Oct 30, 2026 · 116 weekly returnsEach against its own benchmark: CHAT against VOO, May 26, 2023 to Oct 30, 2026; XAIX against ACWI, Aug 9, 2024 to Oct 30, 2026.
From Aug 2024 to Oct 2026, CHAT returned more: +132.6% to +87.1%. XAIX swung less: 23.9% to 34.5%. XAIX fell less at its worst: −21.8% to −29.4%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | CHAT | XAIX | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +132.6% | +87.1% | CHAT | Price change plus distributions, reinvested. |
| Annualized | +46.0% | +32.4% | CHAT | Total return as a yearly rate. |
| Price return | +126.1% | +85.5% | CHAT | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 34.5% | 23.9% | XAIX | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 22.3% | 15.0% | XAIX | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −29.4% | −21.8% | XAIX | Deepest fall from a high to the low after it. |
| Upside capture | 276.6% | 198.7% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 147.0% | 126.8% | Share of its benchmark's fall taken in the weeks it fell. Lower is better. | |
| Beta | 1.77 | 1.44 | Not an edge | How far it moves for each 1% its benchmark moves. |
| R squared | 0.63 | 0.74 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | ||||
| Sharpe | 1.15 | 1.12 | CHAT (slight) | Return above Treasury bills per unit of volatility. |
| Sortino | 1.78 | 1.79 | Tie | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.174 | 0.186 | Return above Treasury bills per unit of beta. | |
| Calmar | 1.56 | 1.48 | CHAT (slight) | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | VOO | ACWI | The ETF each fund is measured against. | |
| Alpha | +4.5% a year | +7.0% a year | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | 0.43 | 0.84 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | −15.9% to +24.8% | −9.4% to +23.4% | Includes zero | The 95% range for the yearly alpha. |
| Information ratio | 0.73 | 0.95 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 21.7% | 13.7% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 116 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, CHAT and XAIX hold 47% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Nov 4, 2026.
half
47% in common
Only in one fund ↓
Window by window
| Total return | vs its benchmark | |||
|---|---|---|---|---|
| Window | CHAT | XAIX | CHAT | XAIX |
| 3 months | −18.3% | −3.6% | −18.2 pts vs VOO | −2.3 pts vs ACWI |
| 6 months | −15.2% | +5.4% | −20.2 pts vs VOO | +2.8 pts vs ACWI |
| 1 year | +16.2% | +25.0% | +1.4 pts vs VOO | +10.0 pts vs ACWI |
| 3 years | +170.8% | – | +87.5 pts vs VOO | – |
| Since launchNot the same days: CHAT May 2023 · XAIX Aug 2024 | +189.0% | +87.7% | +97.4 pts vs VOO | +39.2 pts vs ACWI |
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Side by side
As of Nov 4, 2026. Source: ETFIQ.
47% of the two portfolios are the same securities at the same weight.
Client brief:
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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.
XAIX
By weight, 79% of XAIX'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 44% of the fund across 101 positions, as filed for Aug 31, 2026. Over the year to Nov 4, 2026 the fund returned +25.0% with distributions reinvested against +15.0% for its benchmark, the MSCI ACWI Index, so a holder was ahead by 10.0 pts. It sits 11.3% below its all-time high of Jun 2, 2026.
Questions people ask
- Do CHAT and XAIX hold the same stocks?
- By their latest filings, 47% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
It is a place in a set, not a rating or a recommendation.
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 XAIX, data as of Nov 4, 2026. https://etfiq.com/compare/themes/chat-vs-xaix
ETFIQ. (Nov 4, 2026). CHAT against XAIX. Retrieved from https://etfiq.com/compare/themes/chat-vs-xaix
[CHAT against XAIX (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/themes/chat-vs-xaix)
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