BULG vs. DRAM

Last updated Jun 4, 2026

BULG (Leverage Shares 2X Long BULL Daily ETF) and DRAM (Roundhill Memory ETF) are both exchange-traded funds - BULG is a Leveraged Equities fund actively managed by Leverage Shares, while DRAM is a Technology Equities fund actively managed by Roundhill. Both are actively managed. At a 0.32 correlation, their price movements are largely independent. BULG charges 0.87%/yr vs 0.65%/yr for DRAM.

Performance

BULG vs. DRAM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long BULL Daily ETF (BULG) and Roundhill Memory ETF (DRAM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BULG

• 1D: -10.40%
• 1M: -35.04%
• YTD: -56.19%
• 6M: -70.34%
• 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)

BULG vs. DRAM - Yearly Performance Comparison

	2026 (YTD)
BULG Leverage Shares 2X Long BULL Daily ETF	34.76%
DRAM Roundhill Memory ETF	151.12%

Correlation

The correlation between BULG and DRAM is 0.32, 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	0.32

Return for Risk

BULG vs. DRAM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long BULL Daily ETF (BULG) 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

	BULG	DRAM	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.83	341.95	-342.78

Drawdowns

BULG vs. DRAM - Drawdown Comparison

The maximum BULG drawdown since its inception was -94.15%, which is greater than DRAM's maximum drawdown of -10.46%. Use the drawdown chart below to compare losses from any high point for BULG and DRAM.

Drawdown Indicators

	BULG	DRAM	Difference
Max Drawdown Largest peak-to-trough decline	-94.15%	-10.46%	-83.69%
Current Drawdown Current decline from peak	-91.64%	0.00%	-91.64%
Average Drawdown Average peak-to-trough decline	-69.49%	-1.64%	-67.85%

Volatility

Volatility by Period

	BULG	DRAM	Difference
Volatility (1Y) Calculated over the trailing 1-year period	113.93%	73.92%	+40.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	113.93%	73.92%	+40.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	113.93%	73.92%	+40.01%

BULG vs. DRAM - Expense Ratio Comparison

BULG has a 0.87% expense ratio, which is higher than DRAM's 0.65% expense ratio.

Dividends

BULG vs. DRAM - Dividend Comparison

Neither BULG nor DRAM has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BULG and DRAM in my portfolio?

BULG and DRAM have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BULG 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, BULG or DRAM?

DRAM is cheaper with a 0.65% expense ratio, compared with 0.87% for BULG.

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

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

What is the main difference between BULG and DRAM?

BULG is categorized as Leveraged Equities, while DRAM is Technology Equities. They also come from different issuers: Leverage Shares and Roundhill. Their fees differ too: 0.87% for BULG and 0.65% for DRAM.