CHPS vs. DRAM

Last updated Aug 4, 2026

CHPS (Xtrackers Semiconductor Select Equity ETF) and DRAM (Roundhill Memory ETF) are both exchange-traded funds - CHPS is a Semiconductors fund tracking the Solactive Semiconductor ESG Screened Index, while DRAM is a Technology Equities fund actively managed by Roundhill. CHPS is passively managed, while DRAM is actively managed. Their correlation of 0.86 means they have usually moved in the same direction. CHPS charges 0.15%/yr vs 0.65%/yr for DRAM.

Performance

CHPS vs. DRAM - Performance Comparison

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

Returns By Period

CHPS

• 1D: 1.47%
• 1M: -11.74%
• 6M: 41.98%
• YTD: 70.98%
• 1Y: 141.43%
• 3Y*: 49.43%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 46.83%

DRAM

• 1D: 1.51%
• 1M: -15.67%
• 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)
CHPS Xtrackers Semiconductor Select Equity ETF	$2.66M	$2.47M	$3.90M
DRAM Roundhill Memory ETF	$4.29B	$4.47B	$3.58B

CHPS vs. DRAM - Yearly Performance Comparison

	2026 (YTD)
CHPS Xtrackers Semiconductor Select Equity ETF	47.96%
DRAM Roundhill Memory ETF	89.37%

Correlation

The correlation between CHPS and DRAM is 0.86, 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	0.86

CHPS vs. DRAM - Sectors Allocation Comparison

Sectors	CHPS	DRAM
Technology	99.6%	100.0%
Energy	0.6%	-
Industrials	0.4%	-
Financial Services	0.2%	-2.3%
Communication Services	0.0%	-
Consumer Cyclical	0.0%	-
Consumer Defensive	0.0%	-
Basic Materials	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

CHPS vs. DRAM — Risk / Return Rank

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

CHPS

CHPS Risk / Return Rank: 93
CHPS Sharpe Ratio Rank: 96
CHPS Sortino Ratio Rank: 91
CHPS Omega Ratio Rank: 91
CHPS Calmar Ratio Rank: 92
CHPS Martin Ratio Rank: 94

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.

CHPS vs. DRAM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Semiconductor Select Equity ETF (CHPS) 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.

	CHPS	DRAM	Difference
Sharpe ratio: Return per unit of total volatility	3.12	—	—
Sortino ratio: Return per unit of downside risk	3.27	—	—
Omega ratio: Gain probability vs. loss probability	1.44	—	—
Calmar ratio: Return relative to maximum drawdown	4.35	—	—
Martin ratio: Return relative to average drawdown	18.16	—	—

Drawdowns

CHPS vs. DRAM - Drawdown Comparison

The maximum CHPS drawdown since its inception was -39.44%, smaller than the maximum DRAM drawdown of -44.44%. Use the drawdown chart below to compare losses from any high point for CHPS and DRAM.

Drawdown Indicators

	CHPS	DRAM	Difference
Max Drawdown Largest peak-to-trough decline	-39.44%	-44.44%	+5.00%
Max Drawdown (1Y) Largest decline over 1 year	-32.74%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-39.44%	—	—
Current Drawdown Current decline from peak	-24.91%	-36.66%	+11.75%
Average Drawdown Average peak-to-trough decline	-9.38%	-10.81%	+1.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.82%	—	—

Volatility

Volatility by Period

	CHPS	DRAM	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.17%	—	—
Volatility (6M) Calculated over the trailing 6-month period	40.21%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	45.64%	100.35%	-54.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.27%	100.35%	-63.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.27%	100.35%	-63.08%

CHPS vs. DRAM - Expense Ratio Comparison

CHPS has a 0.15% expense ratio, which is lower than DRAM's 0.65% expense ratio.

Dividends

CHPS vs. DRAM - Dividend Comparison

CHPS's dividend yield for the trailing twelve months is around 0.38%, while DRAM has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
CHPS Xtrackers Semiconductor Select Equity ETF	0.38%	0.68%	1.75%	0.36%
DRAM Roundhill Memory ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CHPS and DRAM in my portfolio?

CHPS and DRAM have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CHPS or DRAM?

On fees, CHPS is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CHPS or DRAM?

CHPS is cheaper with a 0.15% expense ratio, compared with 0.65% for DRAM.

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

CHPS has the higher dividend yield at 0.38%, compared with 0.00% for DRAM.

What is the main difference between CHPS and DRAM?

CHPS is categorized as Semiconductors, while DRAM is Technology Equities. They also come from different issuers: Xtrackers and Roundhill. Their fees differ too: 0.15% for CHPS and 0.65% for DRAM.