AMDW vs. DRAM

Last updated Jun 4, 2026

AMDW (Roundhill AMD WeeklyPay ETF) and DRAM (Roundhill Memory ETF) are both exchange-traded funds - AMDW is a Derivative Income fund actively managed by Roundhill, while DRAM is a Technology Equities fund actively managed by Roundhill. Both are actively managed. At a 0.43 correlation, their price movements are largely independent. AMDW charges 0.99%/yr vs 0.65%/yr for DRAM.

Performance

AMDW vs. DRAM - Performance Comparison

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

Returns By Period

AMDW

• 1D: 4.91%
• 1M: 72.80%
• YTD: 192.40%
• 6M: 186.02%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DRAM

• 1D: 0.20%
• 1M: 64.14%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AMDW vs. DRAM - Yearly Performance Comparison

	2026 (YTD)
AMDW Roundhill AMD WeeklyPay ETF	192.73%
DRAM Roundhill Memory ETF	151.12%

Correlation

The correlation between AMDW and DRAM is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 6, 2026	0.43

AMDW vs. DRAM - Sectors Allocation Comparison

Sectors	AMDW	DRAM
Technology	28.6%	100.0%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

AMDW vs. DRAM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill AMD WeeklyPay ETF (AMDW) 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.

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

Sharpe Ratios by Period

	AMDW	DRAM	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	4.83	341.95	-337.12

Drawdowns

AMDW vs. DRAM - Drawdown Comparison

The maximum AMDW drawdown since its inception was -34.64%, which is greater than DRAM's maximum drawdown of -10.46%. Use the drawdown chart below to compare losses from any high point for AMDW and DRAM.

Drawdown Indicators

	AMDW	DRAM	Difference
Max Drawdown Largest peak-to-trough decline	-34.64%	-10.46%	-24.18%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-14.66%	-1.64%	-13.02%

Volatility

Volatility by Period

	AMDW	DRAM	Difference
Volatility (1Y) Calculated over the trailing 1-year period	81.56%	73.92%	+7.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	81.56%	73.92%	+7.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	81.56%	73.92%	+7.64%

AMDW vs. DRAM - Expense Ratio Comparison

AMDW has a 0.99% expense ratio, which is higher than DRAM's 0.65% expense ratio.

Dividends

AMDW vs. DRAM - Dividend Comparison

AMDW's dividend yield for the trailing twelve months is around 28.98%, while DRAM has not paid dividends to shareholders.

Position	TTM	2025
AMDW Roundhill AMD WeeklyPay ETF	28.98%	34.78%
DRAM Roundhill Memory ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both AMDW and DRAM in my portfolio?

AMDW and DRAM have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AMDW 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, AMDW or DRAM?

DRAM is cheaper with a 0.65% expense ratio, compared with 0.99% for AMDW.

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

AMDW has the higher dividend yield at 28.98%, compared with 0.00% for DRAM.

What is the main difference between AMDW and DRAM?

AMDW is categorized as Derivative Income, while DRAM is Technology Equities. Their fees differ too: 0.99% for AMDW and 0.65% for DRAM.