$CHAT The Generative AI ETF

Top 5 Holdings ( as of 05/18/2023 )
Nvidia logo
Microsoft logo
Alphabet logo
Baidu logo
iFlyTek logo

Overview

Roundhill believes that generative artificial intelligence will be one of the most impactful technological innovations of the coming decades, driving productivity growth across the global economy.

~$121B

Generative AI Enterprise Software TAM1

~$7T

Global economic growth driven by AI by 20302

100m users

OpenAI’s ChatGPT is the fastest app to surpass 100 million users3

Investment Strategy:

The Roundhill Generative AI & Technology ETF (“CHAT ETF”) is an actively-managed fund designed to provide exposure to companies involved in the investment theme of artificial intelligence (“AI”), generative artificial intelligence, and related technologies.

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Generative AI is a type of artificial intelligence technology that uses neural networks to generate new data that is similar in structure and format to existing data. Unlike other AI techniques that use existing data to make predictions or classifications, generative AI can create entirely new data that is original and unique. This is accomplished through the use of complex algorithms that learn to recognize patterns and relationships within large datasets, allowing the AI system to generate new content or ideas that are similar in style or format.

The Roundhill Generative AI & Technology ETF is the first ETF globally designed to track the performance of companies involved in generative artificial intelligence. The portfolio consists of globally-listed companies across various classifications, including:

  • Platforms - companies developing, training and commercializing large language models and generative artificial intelligence tools and making these available to third-party developers to build their own applications and products.
  • Infrastructure - companies providing IT hardware and semiconductors specifically tailored to generative AI workflows.
  • Enterprise Software - companies building and commercializing generative AI applications for business customers.
  • Consumer Software - companies building and commercializing generative AI applications for consumers.
CHAT May Provide Exposure To:
  • Large cap tech companies developing and/or investing in B2C generative AI applications, such as Microsoft, Alphabet, and Baidu.
  • Pure-play artificial intelligence companies, including iFlyTek, C3ai, and Sensetime.
  • Semiconductor providers focused on high-end performance AI chips, such as Nvidia and AMD.
Generative AI Sector Highlights:
  • According to Roundhill Investments, the total addressable market (TAM) for generative AI enterprise software is estimated to be around $121 billion.1
  • The Goldman Sachs Macro team estimates that AI has the potential to drive around $7 trillion in global economic growth over the next decade.2
  • ChatGPT reached 100 million users two months after it was first released, making it one of the fastest ever app to surpass 100m users since Tiktok.3

1Roundhill Investments; 2Goldman Sachs Global Investment Research; 3Bloomberg

Fund
Details

Ticker

CHAT

Primary Exchange

NYSE Arca

Expense Ratio

0.75%

AUM

Launch

05/18/2023

# of Holdings

ETF Options

YES

CUSIP

88636J600

Shares Outstanding

Performance

As of TBD

 

Net Asset Value

Change ($)

Change (%)

1 Year

As of TBD

Since Inception (05/18/23)

As of TBD

 

Closing Price

Change ($)

Change (%)

1 Year

As of TBD

Since Inception (05/18/23)

As of TBD

The performance data quoted represents past performance. Past performance does not guarantee future results. Current performance may be lower or higher than the performance data quoted. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost. Returns less than one year are not annualized. For the most recent month-end performance, please call (855) 561-5728. You cannot invest directly in an index. Shares are bought and sold at market price (closing price), not net asset value (NAV), and are individually redeemed from the Fund. Market performance is determined using the Primary Exchange official closing price. Brokerage commissions will reduce returns

Short term performance, in particular, is not a good indication of the fund's future performance, and an investment should not be made based solely on returns.

Top Holdings & Documents

Name Ticker Weight

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ETF holdings and allocations are subject to change at any time and should not be interpreted as an offer of these securities.

Premium/Discount

 

 

NAV

$25.32

Premium/Discount

30-Day Median Bid/Ask Spread

FAQs

Invest in Nvidia, Microsoft, Baidu, and more.

About

646.661.5441

Investors should consider the investment objectives, risk, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about Roundhill ETFs please call 1-855-561-5728 or visit the website at www.roundhillinvestments.com/etf/. Read the prospectus or summary prospectus carefully before investing.

Artificial Intelligence Company Risk. Companies involved in, or exposed to, artificial intelligence related businesses may have limited product lines, markets, financial resources or personnel. These companies face intense competition and potentially rapid product obsolescence, and many depend significantly on retaining and growing the consumer base of their respective products and services.

Technology Sector Risk. The Fund will invest substantially in companies in the information technology sector, and therefore the performance of the Fund could be negatively impacted by events affecting this sector. Market or economic factors impacting technology companies and companies that rely heavily on technological advances could have a significant effect on the value of the Fund’s investments. The value of stocks of information technology companies and companies that rely heavily on technology is particularly vulnerable to rapid changes in technology product cycles, rapid product obsolescence, government regulation and competition, both domestically and internationally, including competition from foreign competitors with lower production costs.

New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions. Small-Capitalization Investing. The securities of small-capitalization companies may be more vulnerable to adverse issuer, market, political, or economic developments than securities of large- or mid-capitalization companies. The securities of small capitalization companies generally trade in lower volumes and are subject to greater and more unpredictable price changes than large- or mid-capitalization stocks or the stock market as a whole.

Micro-Capitalization Investing. Micro-capitalization companies often have limited product lines, narrower markets for their goods and/or services and more limited managerial and financial resources than larger, more established companies, including companies which are considered small- or mid-capitalization.

Concentration Risk. The Fund will be concentrated in securities of issuers having their principal business activities in the technology group of industries. To the extent that the Fund concentrates in a group of industries, it will be subject to the risk that economic, political, or other conditions that have a negative effect on that group of industries will negatively impact them to a greater extent than if its assets were invested in a wider variety of industries.

CHAT is distributed by Foreside Fund Services, LLC.

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