Roundhill Generative AI & Technology ETF (CHAT) Earns 5-Star Morningstar Rating

CHAT has officially become the first and only AI ETF to receive a five-star rating from Morningstar

NEW YORK, Sept. 15, 2026 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, today announced that the Roundhill Generative AI & Technology ETF (NYSE Arca: CHAT) has earned an overall 5-star rating from Morningstar.¹ CHAT has officially become the first and only AI-focused ETF to receive this distinction.

Launched in May 2023 as the world's first Generative AI ETF, CHAT is an actively managed ETF that concentrates in 25 to 50 global AI leaders across the full AI stack, from frontier labs to critical AI infrastructure. "Generative AI has evolved dramatically over the past three years, from foundation models to the infrastructure buildout to inference and enterprise adoption, and each phase has rewarded a different set of companies," said Dave Mazza, Chief Executive Officer of Roundhill Investments. "Active management gave us the flexibility to reposition the portfolio as the theme evolved and to identify the securities best exposed to each stage. This rating reflects that discipline."

Over the three-year period ending August 31, 2026, CHAT returned 45.97% annualized, versus 26.93% for the Morningstar Technology category average.²

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. This reflects NAV TR. Expense ratio is 0.75%. For standardized performance, please visit www.roundhillinvestments.com/etf/chat/.

CHAT has grown to approximately $1.8 billion³ in assets under management as a result of its strong risk-adjusted performance since inception (05/18/2023). The fund's growth has been bolstered by year-to-date inflows of $325 million and robust liquidity that supports more than $850 million of volume on average per month in 2026.

¹ Source: Morningstar, as of August 31, 2026. Among 243 funds in the Morningstar Technology category, based on risk-adjusted returns. This also includes the 3-year rating in addition to the Overall rating.

² Source: Morningstar, as of August 31, 2026. Among 243 funds in the Morningstar Technology category, based on risk-adjusted returns.

³ AUM as of September 11, 2026.

About Roundhill Investments

Founded in 2018, Roundhill Investments is an SEC-registered investment advisor focused on innovative exchange-traded funds. Roundhill's suite of ETFs offers unique and differentiated exposures across thematic equity, options income, and trading vehicles. Roundhill offers a depth of ETF knowledge and experience, as the team has collectively launched more than 100+ ETFs including several first-to-market products.

Disclosures

The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a 3-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating™ for a managed product is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating™ metrics. The weights are: 100% 3-year rating for 36-59 months of total returns, 60% 5-year rating/40% 3-year rating for 60-119 months of total returns, and 50% 10-year rating/30% 5-year rating/20% 3-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent 3-year period actually has the greatest impact because it is included in all 3 rating periods. All Rights Reserved. "Morningstar rankings are based on a fund's average annual total return relative to all funds in the same Morningstar category. Fund performance used within the rankings reflects certain fee waivers, without which, returns and Morningstar rankings would have been lower. The highest (or most favorable) percentile rank is 1 and the lowest (or least favorable) percentile rank is 100.

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.

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.

SOURCE Roundhill Investments