BETZ vs. DRAM

Last updated Aug 2, 2026

BETZ (Roundhill Sports Betting & iGaming ETF) and DRAM (Roundhill Memory ETF) are both exchange-traded funds - BETZ is a Consumer Discretionary Equities fund tracking the Roundhill Sports Betting & iGaming Index, while DRAM is a Technology Equities fund actively managed by Roundhill. BETZ is passively managed, while DRAM is actively managed. Their -0.07 correlation means they have often moved in opposite directions in the past. BETZ charges 0.75%/yr vs 0.65%/yr for DRAM.

Performance

BETZ vs. DRAM - Performance Comparison

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

Returns By Period

BETZ

• 1D: -0.58%
• 1M: 0.36%
• 6M: 2.90%
• YTD: -8.87%
• 1Y: -16.95%
• 3Y*: 3.15%
• 5Y*: -5.84%
• 10Y*: —
• ALL TIME*: 4.39%

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)
BETZ Roundhill Sports Betting & iGaming ETF	$205.48K	$310.34K	$782.30K
DRAM Roundhill Memory ETF	$4.23B	$4.59B	$3.52B

BETZ vs. DRAM - Yearly Performance Comparison

	2026 (YTD)
BETZ Roundhill Sports Betting & iGaming ETF	5.22%
DRAM Roundhill Memory ETF	86.56%

Correlation

The correlation between BETZ and DRAM is -0.07, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 2, 2026	-0.07

BETZ vs. DRAM - Sectors Allocation Comparison

Sectors	BETZ	DRAM
Consumer Cyclical	77.1%	-
Technology	8.6%	100.0%
Communication Services	3.9%	-
Industrials	2.8%	-
Financial Services	0.0%	-2.3%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

BETZ vs. DRAM — Risk / Return Rank

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

BETZ

BETZ Risk / Return Rank: 4
BETZ Sharpe Ratio Rank: 3
BETZ Sortino Ratio Rank: 3
BETZ Omega Ratio Rank: 3
BETZ Calmar Ratio Rank: 4
BETZ Martin Ratio Rank: 5

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.

BETZ vs. DRAM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Sports Betting & iGaming ETF (BETZ) 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.

	BETZ	DRAM	Difference
Sharpe ratio: Return per unit of total volatility	-0.83	—	—
Sortino ratio: Return per unit of downside risk	-1.09	—	—
Omega ratio: Gain probability vs. loss probability	0.88	—	—
Calmar ratio: Return relative to maximum drawdown	-0.60	—	—
Martin ratio: Return relative to average drawdown	-0.93	—	—

Drawdowns

BETZ vs. DRAM - Drawdown Comparison

The maximum BETZ drawdown since its inception was -60.82%, which is greater than DRAM's maximum drawdown of -44.44%. Use the drawdown chart below to compare losses from any high point for BETZ and DRAM.

Drawdown Indicators

	BETZ	DRAM	Difference
Max Drawdown Largest peak-to-trough decline	-60.82%	-44.44%	-16.38%
Max Drawdown (1Y) Largest decline over 1 year	-29.20%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-29.20%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-59.79%	—	—
Current Drawdown Current decline from peak	-38.35%	-37.60%	-0.75%
Average Drawdown Average peak-to-trough decline	-33.89%	-10.50%	-23.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.92%	—	—

Volatility

Volatility by Period

	BETZ	DRAM	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.96%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.04%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	21.17%	100.96%	-79.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.97%	100.96%	-73.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.85%	100.96%	-73.11%

BETZ vs. DRAM - Expense Ratio Comparison

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

Dividends

BETZ vs. DRAM - Dividend Comparison

BETZ's dividend yield for the trailing twelve months is around 5.02%, while DRAM has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
BETZ Roundhill Sports Betting & iGaming ETF	5.02%	4.57%	0.86%	0.00%	0.66%	0.00%	0.28%
DRAM Roundhill Memory ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BETZ and DRAM in my portfolio?

BETZ and DRAM have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BETZ 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, BETZ or DRAM?

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

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

BETZ has the higher dividend yield at 5.02%, compared with 0.00% for DRAM.

What is the main difference between BETZ and DRAM?

BETZ is categorized as Consumer Discretionary Equities, while DRAM is Technology Equities. Their fees differ too: 0.75% for BETZ and 0.65% for DRAM.