The Roundhill Generative AI & Technology ETF holds $1.75 billion in assets and has rallied sharply amid strong sector growth.
The Roundhill Generative AI & Technology ETF (CHAT) has gained nearly 240% since its May 2023 debut, significantly outperforming the S&P 500’s 76% rise and the Nasdaq’s 106% advance. The fund, which holds $1.75 billion in assets, tracks 43 stocks, with top holdings including Nvidia, Alphabet, and AMD.
The generative AI market is projected to grow at a 40.8% CAGR from 2026 to 2033, driven by broader industry adoption. CHAT positions itself as a diversified play on the sector, capturing gains from key players in AI infrastructure and applications.
Analysts are monitoring the ETF’s performance as a barometer for investor sentiment in the rapidly expanding AI space, though valuations remain elevated after recent rallies.