AIQ vs. DRAM

Last updated Jun 9, 2026

AIQ (Global X Artificial Intelligence & Technology ETF) and DRAM (Roundhill Memory ETF) are both Technology Equities funds. AIQ is passively managed, while DRAM is actively managed. Their correlation of 0.84 suggests significant overlap in exposure. AIQ charges 0.68%/yr vs 0.65%/yr for DRAM.

Performance

AIQ vs. DRAM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Artificial Intelligence & Technology ETF (AIQ) and Roundhill Memory ETF (DRAM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AIQ

• 1D: 3.07%
• 1M: 3.42%
• YTD: 26.70%
• 6M: 25.19%
• 1Y: 55.14%
• 3Y*: 33.87%
• 5Y*: 17.37%
• 10Y*: —

DRAM

• 1D: 8.48%
• 1M: 14.62%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AIQ vs. DRAM - Yearly Performance Comparison

	2026 (YTD)
AIQ Global X Artificial Intelligence & Technology ETF	36.12%
DRAM Roundhill Memory ETF	124.15%

Correlation

The correlation between AIQ and DRAM is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 2, 2026	0.84

AIQ vs. DRAM - Sectors Allocation Comparison

Sectors	AIQ	DRAM
Technology	73.3%	100.0%
Communication Services	13.2%	-
Consumer Cyclical	8.5%	-
Industrials	4.2%	-
Healthcare	0.4%	-
Financial Services	0.4%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

AIQ vs. DRAM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AIQ

AIQ Risk / Return Rank: 71
AIQ Sharpe Ratio Rank: 77
AIQ Sortino Ratio Rank: 67
AIQ Omega Ratio Rank: 71
AIQ Calmar Ratio Rank: 73
AIQ Martin Ratio Rank: 68

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AIQ vs. DRAM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Artificial Intelligence & Technology ETF (AIQ) and Roundhill Memory ETF (DRAM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AIQ	DRAM	Difference
Sharpe ratio: Return per unit of total volatility	2.24	—	—
Sortino ratio: Return per unit of downside risk	2.76	—	—
Omega ratio: Gain probability vs. loss probability	1.38	—	—
Calmar ratio: Return relative to maximum drawdown	3.36	—	—
Martin ratio: Return relative to average drawdown	11.43	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AIQ	DRAM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.24	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.79	91.43	-90.64

Drawdowns

AIQ vs. DRAM - Drawdown Comparison

The maximum AIQ drawdown since its inception was -44.66%, which is greater than DRAM's maximum drawdown of -19.97%. Use the drawdown chart below to compare losses from any high point for AIQ and DRAM.

Drawdown Indicators

	AIQ	DRAM	Difference
Max Drawdown Largest peak-to-trough decline	-44.66%	-19.97%	-24.69%
Max Drawdown (1Y) Largest decline over 1 year	-16.47%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-26.35%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-44.66%	—	—
Current Drawdown Current decline from peak	-8.13%	-13.18%	+5.05%
Average Drawdown Average peak-to-trough decline	-9.79%	-2.40%	-7.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.84%	—	—

Volatility

Volatility by Period

	AIQ	DRAM	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.72%	—	—
Volatility (6M) Calculated over the trailing 6-month period	20.70%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.76%	85.85%	-61.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.63%	85.85%	-60.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.67%	85.85%	-60.18%

AIQ vs. DRAM - Expense Ratio Comparison

AIQ has a 0.68% expense ratio, which is higher than DRAM's 0.65% expense ratio.

Dividends

AIQ vs. DRAM - Dividend Comparison

AIQ's dividend yield for the trailing twelve months is around 0.15%, while DRAM has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
AIQ Global X Artificial Intelligence & Technology ETF	0.15%	0.18%	0.14%	0.16%	0.56%	0.15%	0.50%	0.51%	0.51%
DRAM Roundhill Memory ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AIQ and DRAM in my portfolio?

AIQ and DRAM have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AIQ or DRAM?

On fees, DRAM is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AIQ or DRAM?

DRAM is cheaper with a 0.65% expense ratio, compared with 0.68% for AIQ.

Which ETF pays a higher dividend yield, AIQ or DRAM?

AIQ has the higher dividend yield at 0.15%, compared with 0.00% for DRAM.

What is the main difference between AIQ and DRAM?

They also come from different issuers: Global X and Roundhill. Their fees differ too: 0.68% for AIQ and 0.65% for DRAM.