Advertisement
CHAT vs METV
Which ETF would AI Choose? Roundhill Generative AI & Technology ETF (CHAT) vs. Roundhill Metaverse ETF (METV)
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.
Introduction
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.
Roundhill Generative AI & Technology ETF (CHAT) Overview
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.
Roundhill Metaverse ETF (METV) Overview
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.
Industry and Thematic Backdrop
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.
Performance and Positioning Comparison
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.
AI Screener
Tickeron’s AI Screener is an AI-powered stock and ETF discovery tool that helps traders and investors filter the market based on technical patterns, fundamentals, trends, volatility, and AI-driven signals. Users can scan thousands of securities using customizable filters such as industry, market capitalization, technical indicators, price patterns, and performance metrics. The screener is designed to surface trade ideas, trending stocks, and breakout candidates more efficiently than manual screening. Explore the AI Screener to build a data-driven workflow for identifying market opportunities.
Tickeron AI Verdict
Based on observable structural factors, Tickeron’s AI would currently favor CHAT. The fund offers more direct exposure to the strongest active thematic tailwind—generative AI—through a concentrated portfolio of semiconductor, cloud, and software leaders with comparatively strong earnings momentum. While METV provides a lower expense ratio and broader diversification, its performance has been constrained by uneven metaverse adoption and the added volatility of crypto-linked holdings. Considering trend consistency, sector momentum, and risk-adjusted positioning across recent cycles, CHAT presents the more favorable structural profile at present, though its higher concentration also implies greater single-theme risk.
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.
To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is CHAT is a Hold and METV is a Hold.
CHAT in downward trend: price dove below 50-day moving average on October 12, 2026
CHAT moved below its 50-day moving average on October 12, 2026 date and that indicates a change from an upward trend to a downward trend. In 23 of 25 similar past instances, the stock price decreased further within 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 08, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on CHAT as a result. In 40 of 46 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 87%.
The Moving Average Convergence Divergence Histogram (MACD) for CHAT turned negative on October 09, 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 36 similar instances when the indicator turned negative. In 29 of the 36 cases the stock turned lower in the days that followed. This puts the odds of success at 81%.
The 10-day moving average for CHAT crossed bearishly below the 50-day moving average on October 16, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 8 of 8 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%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CHAT 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 77%.
The Aroon Indicator for CHAT entered a downward trend on November 11, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where CHAT's RSI Indicator exited the oversold zone, 18 of 18 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 90%.
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 31 of 34 cases where CHAT's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 90%.
Following a +9.22% 3-day Advance, the price is estimated to grow further. Considering data from situations where CHAT advanced for three days, in 269 of 294 cases, the price rose further within the following month. The odds of a continued upward trend are 90%.
CHAT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
METV in -3.71% downward trend, declining for three consecutive days on November 02, 2026
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where METV declined for three days, in 225 of 271 cases, the price declined further within the following month. The odds of a continued downward trend are 83%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
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 11 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 73%.
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where METV's RSI Oscillator exited the oversold zone, 25 of 31 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 81%.
The Momentum Indicator moved above the 0 level on November 09, 2026. You may want to consider a long position or call options on METV as a result. In 64 of 73 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 88%.
The Moving Average Convergence Divergence (MACD) for METV just turned positive on November 09, 2026. Looking at past instances where METV's MACD turned positive, the stock continued to rise in 44 of 49 cases over the following month. The odds of a continued upward trend are 90%.
METV moved above its 50-day moving average on November 06, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a +2.12% 3-day Advance, the price is estimated to grow further. Considering data from situations where METV advanced for three days, in 285 of 320 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.
| CHAT | METV | |
|---|---|---|
| RSI ODDS (%) | 1 day ago 90% | 1 day ago 81% |
| Stochastic ODDS (%) | 1 day ago 90% | 1 day ago 79% |
| Momentum ODDS (%) | 3 days ago 87% | 1 day ago 88% |
| MACD ODDS (%) | 2 days ago 81% | 1 day ago 90% |
| TrendWeek ODDS (%) | 1 day ago 90% | 1 day ago 87% |
| TrendMonth ODDS (%) | 1 day ago 89% | 1 day ago 86% |
| Advances ODDS (%) | 3 days ago 90% | 3 days ago 89% |
| Declines ODDS (%) | 7 days ago 77% | 10 days ago 83% |
| BollingerBands ODDS (%) | 1 day ago 88% | 1 day ago 90% |
| Aroon ODDS (%) | 1 day ago 89% | N/A |
Advertisement
CHAT and
Correlation & Price change
A.I.dvisor indicates that over the last year, CHAT has been closely correlated with COHR. These tickers have moved in lockstep 73% of the time. This A.I.-generated data suggests there is a high statistical probability that if CHAT jumps, then COHR could also see price increases.
| Ticker / NAME | Correlation To CHAT | 1D Price Change % | ||
|---|---|---|---|---|
| CHAT | 100% | +4.67% | ||
| COHR - CHAT | 73% Closely correlated | +9.25% | ||
| VRT - CHAT | 71% Closely correlated | +6.33% | ||
| ANET - CHAT | 68% Closely correlated | +6.30% | ||
| ORCL - CHAT | 58% Loosely correlated | +8.82% | ||
| DELL - CHAT | 55% Loosely correlated | +11.75% | ||
More | ||||
METV and
Correlation & Price change
A.I.dvisor indicates that over the last year, METV has been loosely correlated with AMAT. These tickers have moved in lockstep 64% of the time. This A.I.-generated data suggests there is some statistical probability that if METV jumps, then AMAT could also see price increases.
| Ticker / NAME | Correlation To METV | 1D Price Change % | ||
|---|---|---|---|---|
| METV | 100% | +0.49% | ||
| AMAT - METV | 64% Loosely correlated | +6.05% | ||
| TXN - METV | 64% Loosely correlated | +3.09% | ||
| AVGO - METV | 63% Loosely correlated | +3.99% | ||
| MRVL - METV | 63% Loosely correlated | +9.33% | ||
| TSM - METV | 61% Loosely correlated | +4.25% | ||
More | ||||