CHAT vs IVV

Quick Verdict

IVV has a lower expense ratio. CHAT delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: CHATMore Diversified: IVV

Side-by-Side Comparison

MetricCHATIVVWinner
Expense Ratio0.75%0.03%
AUM$1.7B$865.2B
Dividend Yield0.00%1.09%
Holdings45508
YTD Return+45.52%+13.80%
1Y Return+67.75%+23.01%
3Y Return (annualized)+47.98%+21.77%
5Y Return (annualized)-+13.39%
Volatility (annualized)31.6%15.1%
Max Drawdown-31.3%-56.5%
Fund FamilyRoundhill InvestmentsiShares by BlackRock (US)
CategoryEquityEquity
InceptionMay 18, 2023May 15, 2000

CHAT vs IVV Performance

Roundhill Generative AI & Technology ETF (CHAT) is a ETF from Roundhill Investments and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year CHAT returned +67.75% while IVV returned +23.01%. Year to date, CHAT is up 45.52% versus a gain of 13.80% for IVV.

Over three years, CHAT compounded at +47.98% per year against +21.77% for IVV. Across the full 3-year window we track, CHAT has the edge at +47.21% annualized vs +7.04%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

CHAT has been the more volatile fund, with annualized monthly volatility of 31.6% compared with 15.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -31.3% for CHAT and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

CHAT charges 0.75% per year while IVV charges 0.03%. On a $10,000 position that is $75 vs $3 annually, a gap of $72 per year that compounds over a long holding period. On income, CHAT currently yields 0.00% against 1.09% for IVV.

Holdings Overlap

26.0%overlap

CHAT and IVV share 19 holdings out of 531 unique holdings combined, representing a 26.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in CHATWeight in IVVDifference
NVDA7.17%7.76%0.59%
GOOGL5.85%3.15%2.70%
AVGO4.58%2.83%1.75%
MSFTProProPro
AMZNProProPro
AMDProProPro
MUProProPro
METAProProPro
ANETProProPro
VRTProProPro
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Frequently Asked Questions

Which is cheaper, CHAT or IVV?

CHAT has an expense ratio of 0.75% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $72 per year of difference.

Which performed better, CHAT or IVV?

Over the past year CHAT returned +67.75% vs +23.01% for IVV, so CHAT leads on 1-year performance. Over the longest common window we track (3 years), CHAT annualized +47.21% vs +7.04% for IVV. Past performance does not guarantee future results.

Which is riskier, CHAT or IVV?

CHAT has been the more volatile fund at 31.6% annualized versus 15.1% for IVV. Worst drawdown: CHAT -31.3% vs IVV -56.5%.

Should I hold both CHAT and IVV?

CHAT and IVV have a monthly-return correlation of 0.77, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between CHAT and IVV?

CHAT and IVV share 19 common holdings with a 26.0% weight overlap. Combined, they hold 531 unique securities.

Which pays a higher dividend, CHAT or IVV?

CHAT yields 0.00% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.

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