CHAT

Roundhill Generative AI & Technology ETF

CHAT is an actively managed fund that invests in 25 to 50 companies around the world that are involved in generative artificial intelligence and other related technologies.


Global

EQUITY

Active

MANAGEMENT STYLE

229.5 M

ASSETS UNDER MGMT

75 bp

EXPENSES
Fund Basics
Fund sponsorTidal
CategoryGlobal
Asset classEquity
Websitelink...
Inception dateMay 18, 2023
Assets (mns)$230
Expense ratio75 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsAnnually
Taxation1099
Stock selectionProprietary
WeightingProprietary
Holdings TransparencyFull
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings Complete list  + 
NVIDIA CORP 8.7 %
ALPHABET INC. CLASS A 6.1 %
PALANTIR TECHNOLOGIES INC. CLASS A 4.6 %
MICROSOFT CORP 4.0 %
TENCENT HOLDINGS LTD 3.8 %
ARM HOLDINGS PLC 3.7 %
ORACLE CORP 3.6 %
DELL TECHNOLOGIES INC CLASS C 3.6 %
BROADCOM INC. 3.4 %
META PLATFORMS INC 3.3 %
Constituent Breakdown
Number of holdings31
Herfindahl-Hirschman Index 391
Wgt avg mkt cap (mns)$889,271
Large cap (>$10bn)95.5%
Mid cap ($2-10bn)1.1%
Small cap (<$2bn)2.7%
Developed mkts.81.0%
Emerging mkts.19.0%
Country Exposure
UNITED STATES 67.1 %
CHINA 10.6 %
TAIWAN 3.9 %
BRITAIN 3.7 %
SOUTH KOREA 3.1 %
JAPAN 3.1 %
HONG KONG 2.6 %
NETHERLANDS 2.0 %
Historical Performance


Standardized Performance (as of 03/31/2025)
 YTD1 YR2 YR3 YR5 YR10 YR20 YRIncep.
Price Returns -4.0% 9.9% -- -- -- -- -- 25.4%
Dividend Yield -9.9% -12.0% -- -- -- -- -- -14.3%
Total Returns -13.9% -2.1% -- -- -- -- -- 11.1%
Ann. Volatility 36.0% 26.9% -- -- -- -- -- 25.5%
Market Correlations
versus...BetaR-squared
S&P 5001.5683%
MSCI EAFE0.7923%
MSCI Emg Mkts0.9328%
Liquidity Measures
Avg. volume (000)76
Turnover1.1%
Avg. Bid/Ask (% of price)0.16%
ADV of underlying (mns)$85,611
Technical Indicators
Recent close$33.75
30d moving avg.$35.23
Annualized volatility22.8%
Relative strength (RSI)41
Short interest (ETF)0.7%
Short interest (underlying)0.0%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial

Risk and Returns: CHAT vs. Comps (1 YR)

Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.

Content on this tab for Individual & Professional subscribers only. Start your FREE trial

Results & Estimates
  2020 2021 2022 2023 2024 2025E 2026E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Book value per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

Content on this tab for Individual & Professional subscribers only. Start your FREE trial

Valuation Metrics
  2024 2025E Fwd Est 2026E
Price-to-sales --x --x --x --x
Price-to-earnings --x --x --x --x
Price-to-cash flow --x --x --x --x
Price-to-growth --x --x --x --x
Price-to-book value --x --x --x --x
Yield --% --% --x --%
2.6 8.0 2.1 1.2% --
Based on closing prices from 4/23/2025
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
CHAT



Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.

Some content on this tab for Individual & Professional subscribers only. Start your FREE trial

ETF Research Center Rating

SPECULATIVE

Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™

CHAT

15.9%

Cat. Avg

4.7%


ALTAR Score™ Calculation

Category Overview
There are 365 funds in the Global Equity category, with an average ALTAR Score™ of 4.7% and a standard deviation of 4.2%. CHAT's ALTAR Score™ is approximately 2.7 standard deviations above the category average. This places CHAT in the 99th percentile among funds in the category.
Sell Side Consensus Rating

Sell-side recommendations on the ETF's individual constituents

CHAT
Peer Average
SELL
U/W
HOLD
O/W
BUY
Factor Scorecard

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Expense Analysis

Peer Group Active
Global Equity ETFs
# of ETFs 118
Avg. Expense Ratio 73.5 bp
Std. Deviation 29.8 bp
CHAT (75 bp) Percentile rank 55
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
CHAT 75.0 16.4 91.4
Peer Avg. 72.5 36.5 109.0
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .