GET DAILY SIGNALSCHAT vs METV: Weighing Two Roundhill Thematic ETFs
Key Takeaways
- CHAT is an actively managed, non-diversified fund targeting generative artificial intelligence (AI) and related technology, while METV is a passively managed fund tracking the Ball Metaverse Index.
- The two funds are issued by the same sponsor (Roundhill Investments) and share several mega-cap holdings, but they represent meaningfully different themes: AI infrastructure and software versus immersive digital platforms and virtual economies.
- CHAT carries a 0.75% expense ratio and roughly 40–50 concentrated positions, whereas METV charges 0.59% and holds approximately 40–45 names with broader sector diversification.
- METV carries additional complexity through embedded cryptocurrency-linked holdings, while CHAT is almost exclusively concentrated in semiconductor, cloud, and software names driving the AI capex cycle.
- Based on structural momentum, earnings quality, and direct exposure to the strongest current thematic tailwind, the Tickeron AI Verdict favors CHAT over METV.
Why These Two Funds Often Come Up Together
CHAT and METV are frequently discussed together because both are thematic technology ETFs from the same issuer that appeal to investors seeking growth-oriented, innovation-driven equity exposure. Despite that surface similarity, they are not direct substitutes. CHAT concentrates on generative AI and the infrastructure powering it, while METV targets the metaverse—a broader vision of immersive, persistent digital worlds. In the current environment, AI has emerged as a dominant capital-expenditure theme, whereas metaverse adoption has progressed more unevenly. Comparing their structure, sector exposure, cost profiles, and relative positioning helps clarify which vehicle aligns better with today’s market drivers. I also checked this using Tickeron’s AI Screener to see how the funds compare on key metrics.
A Closer Look at CHAT
CHAT is an actively managed, non-diversified exchange-traded fund that invests in companies globally—including emerging markets—whose businesses are meaningfully tied to generative AI and related technologies. Rather than following a fixed index, the portfolio is built using an exposure-scoring process that evaluates how much of a company’s revenue, profit, and research-and-development (R&D) budget is devoted to AI. The fund generally holds between 25 and 50 securities, with an expense ratio of 0.75%.
Holdings are heavily concentrated in technology. Information technology typically represents roughly 70%–77% of assets, followed by communication services and a smaller consumer discretionary allocation. Top positions in recent periods have included NVDA (NVIDIA), GOOGL (Alphabet), MSFT (Microsoft), META (Meta Platforms), AMZN (Amazon), AMD (Advanced Micro Devices), and AVGO (Broadcom), alongside non-U.S. names such as SK hynix and Samsung Electronics. This concentration gives CHAT direct, leveraged-style sensitivity to semiconductor demand, cloud computing, and AI software momentum.
A Closer Look at METV
METV—formerly known as the Roundhill Ball Metaverse ETF—is a passively managed fund that seeks to track the Ball Metaverse Index, which targets companies enabling or benefiting from the metaverse across hardware, software, platforms, and digital content. The fund is non-diversified and holds roughly 40–45 securities, with an expense ratio of 0.59%.
The portfolio is structurally more varied than CHAT’s. Sector exposure is spread across information technology (around one-third), communication services, and consumer discretionary. Top holdings in recent cycles have included RBLX (Roblox), AAPL (Apple), META (Meta Platforms), MSFT (Microsoft), NVDA (NVIDIA), GOOGL (Alphabet), TTWO (Take-Two Interactive), and U (Unity Software). A distinctive feature is the inclusion of crypto-linked exchange-traded products—such as Ether, Solana, and Bitcoin staking funds—alongside non-U.S. issuers like Tencent and Nintendo, adding digital-asset exposure that CHAT does not carry.
The Broader Industry and Thematic Context
Both funds operate within the broader technology and innovation complex, but their underlying themes are at different stages of maturity. Generative AI has become a dominant structural driver of capital expenditure, with hyperscale cloud providers and enterprises investing heavily in accelerated computing, data centers, and AI-enabled software. This supports revenue growth and earnings visibility for the semiconductor and platform names that anchor CHAT. The metaverse, by contrast, remains a longer-dated narrative. While gaming, spatial computing, and virtual-economy infrastructure continue to develop, adoption and monetization have been more gradual, and several metaverse-adjacent content names have experienced demand normalization. Interest-rate expectations, semiconductor supply cycles, and regulatory scrutiny of large technology platforms affect both funds, but CHAT is more directly tied to the near-term AI spending cycle. From what I see, the earnings quality edge currently sits with the AI names.
Performance and Positioning Side by Side
In recent weeks and across recent market cycles, CHAT has generally exhibited stronger relative momentum, reflecting persistent investor enthusiasm for AI compute and software names. Its narrow, technology-heavy profile produces higher beta and volatility, amplifying gains during risk-on, AI-led rallies and steepening drawdowns during corrections. METV has shown more mixed performance, pressured by weakness in certain gaming and content holdings even as its mega-cap technology components provided support. Because METV is more diversified across sectors and includes crypto-linked products, its return profile is less purely driven by AI fundamentals. Investors seeking concentrated exposure to the AI capex cycle have historically favored CHAT’s positioning, while METV offers broader thematic diversification at a lower fee—albeit with added digital-asset and content-cycle risk. I’m watching this closely as the AI cycle continues to evolve.
How Tickeron Tools Fit Into My Research
When comparing thematic funds like these, I find it helpful to run quick scans for sector momentum and relative strength. Tickeron’s AI Screener lets me filter ETFs and stocks by technical patterns, fundamentals, and AI-driven signals in one place. It surfaces ideas more efficiently than manual checks and helps confirm whether a concentrated theme like generative AI is showing consistent leadership. The tool is straightforward to use and integrates well into a daily workflow for thematic analysis.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
METV in downward trend: 10-day moving average broke below 50-day moving average on November 02, 2026
The 10-day moving average for METV crossed bearishly below the 50-day moving average on November 02, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 14 of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 90%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on October 23, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on METV as a result. In 62 of 74 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 84%.
The Moving Average Convergence Divergence Histogram (MACD) for METV turned negative on September 29, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 47 similar instances when the indicator turned negative. In 36 of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at 77%.
METV moved below its 50-day moving average on October 28, 2026 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where METV declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 83%.
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where METV's RSI Oscillator exited the oversold zone, 30 of 31 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 90%.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a +1.03% 3-day Advance, the price is estimated to grow further. Considering data from situations where METV advanced for three days, in 285 of 319 cases, the price rose further within the following month. The odds of a continued upward trend are 89%.
METV may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
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