AIS vs. DRAM

Last updated Aug 2, 2026

AIS (VistaShares Artificial Intelligence Supercycle ETF) and DRAM (Roundhill Memory ETF) are both exchange-traded funds - AIS is a Artificial Intelligence fund actively managed by VistaShares, while DRAM is a Technology Equities fund actively managed by Roundhill. Both are actively managed. Their correlation of 0.91 means they have usually moved in the same direction. AIS charges 0.75%/yr vs 0.65%/yr for DRAM.

Performance

AIS vs. DRAM - Performance Comparison

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

Returns By Period

AIS

• 1D: 0.47%
• 1M: -14.16%
• 6M: 49.61%
• YTD: 68.71%
• 1Y: 119.85%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 75.75%

DRAM

• 1D: -3.76%
• 1M: -16.92%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AIS VistaShares Artificial Intelligence Supercycle ETF	$37.93M	$45.10M	$51.04M
DRAM Roundhill Memory ETF	$4.23B	$4.59B	$3.52B

AIS vs. DRAM - Yearly Performance Comparison

	2026 (YTD)
AIS VistaShares Artificial Intelligence Supercycle ETF	47.23%
DRAM Roundhill Memory ETF	86.56%

Correlation

The correlation between AIS and DRAM is 0.91, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 2, 2026	0.91

AIS vs. DRAM - Sectors Allocation Comparison

Sectors	AIS	DRAM
Technology	87.2%	100.0%
Industrials	6.8%	-
Utilities	2.9%	-
Consumer Defensive	0.3%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Energy	-	-
Healthcare	-	-
Real Estate	-	-
Financial Services	-0.0%	-2.3%

Return for Risk

AIS vs. DRAM — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AIS

AIS Risk / Return Rank: 87
AIS Sharpe Ratio Rank: 92
AIS Sortino Ratio Rank: 83
AIS Omega Ratio Rank: 85
AIS Calmar Ratio Rank: 86
AIS Martin Ratio Rank: 89

DRAM

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AIS vs. DRAM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VistaShares Artificial Intelligence Supercycle ETF (AIS) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AIS	DRAM	Difference
Sharpe ratio: Return per unit of total volatility	2.42	—	—
Sortino ratio: Return per unit of downside risk	2.72	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	3.35	—	—
Martin ratio: Return relative to average drawdown	13.91	—	—

Drawdowns

AIS vs. DRAM - Drawdown Comparison

The maximum AIS drawdown since its inception was -34.44%, smaller than the maximum DRAM drawdown of -44.44%. Use the drawdown chart below to compare losses from any high point for AIS and DRAM.

Drawdown Indicators

	AIS	DRAM	Difference
Max Drawdown Largest peak-to-trough decline	-34.44%	-44.44%	+10.00%
Max Drawdown (1Y) Largest decline over 1 year	-34.44%	—	—
Current Drawdown Current decline from peak	-27.93%	-37.60%	+9.67%
Average Drawdown Average peak-to-trough decline	-6.30%	-10.50%	+4.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.28%	—	—

Volatility

Volatility by Period

	AIS	DRAM	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.48%	—	—
Volatility (6M) Calculated over the trailing 6-month period	43.19%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	47.78%	100.96%	-53.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.01%	100.96%	-56.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.01%	100.96%	-56.95%

AIS vs. DRAM - Expense Ratio Comparison

AIS has a 0.75% expense ratio, which is higher than DRAM's 0.65% expense ratio.

Dividends

AIS vs. DRAM - Dividend Comparison

Neither AIS nor DRAM has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both AIS and DRAM in my portfolio?

With a correlation of 0.91, AIS and DRAM move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, AIS 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, AIS or DRAM?

DRAM is cheaper with a 0.65% expense ratio, compared with 0.75% for AIS.

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

AIS and DRAM have nearly identical dividend yields, around 0.00%.

What is the main difference between AIS and DRAM?

AIS is categorized as Artificial Intelligence, while DRAM is Technology Equities. They also come from different issuers: VistaShares and Roundhill. Their fees differ too: 0.75% for AIS and 0.65% for DRAM.