Chicken grit is just crushed granite. It only holds a little water on its rough surface
Expanded shale, clay and slate (ESCS) are "puffed" so they are filled with bubbles and channels. Like porous Perlite, or vermiculite that's hard-as-rock. It's much lighter than soil, especially when dry.
They hold much more water than grit, but still improve drainage because they are hard little grains.
I think they improve aeration partly because they are coarser than clay, silt or sand, and also because they suck water into the inside of each grain, pulling it out of the air spaces between grains and clods.
I think they come in all different sizes, some as big as pebbles.
They have a trade association, the "ESCS Institute" with a lot of literature.
http://www.escsi.org/default.a...
http://www.escsi.org/ContentPa...