CHPX vs. DRAM

Last updated Jun 4, 2026

CHPX (Global X AI Semiconductor & Quantum ETF) and DRAM (Roundhill Memory ETF) are both exchange-traded funds - CHPX is a Semiconductors fund tracking the Global X AI Semiconductor & Quantum Index, while DRAM is a Technology Equities fund actively managed by Roundhill. CHPX is passively managed, while DRAM is actively managed. A 0.79 correlation means they provide meaningful diversification when combined. CHPX charges 0.50%/yr vs 0.65%/yr for DRAM.

Performance

CHPX vs. DRAM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X AI Semiconductor & Quantum ETF (CHPX) and Roundhill Memory ETF (DRAM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CHPX

• 1D: -0.03%
• 1M: 34.93%
• YTD: 99.68%
• 6M: 95.27%
• 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)

CHPX vs. DRAM - Yearly Performance Comparison

	2026 (YTD)
CHPX Global X AI Semiconductor & Quantum ETF	85.28%
DRAM Roundhill Memory ETF	151.12%

Correlation

The correlation between CHPX and DRAM is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 6, 2026	0.79

Return for Risk

CHPX vs. DRAM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X AI Semiconductor & Quantum ETF (CHPX) 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

	CHPX	DRAM	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	5.40	341.95	-336.56

Drawdowns

CHPX vs. DRAM - Drawdown Comparison

The maximum CHPX drawdown since its inception was -15.15%, which is greater than DRAM's maximum drawdown of -10.46%. Use the drawdown chart below to compare losses from any high point for CHPX and DRAM.

Drawdown Indicators

	CHPX	DRAM	Difference
Max Drawdown Largest peak-to-trough decline	-15.15%	-10.46%	-4.69%
Current Drawdown Current decline from peak	-0.03%	0.00%	-0.03%
Average Drawdown Average peak-to-trough decline	-3.78%	-1.64%	-2.14%

Volatility

Volatility by Period

	CHPX	DRAM	Difference
Volatility (1Y) Calculated over the trailing 1-year period	38.29%	73.92%	-35.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.29%	73.92%	-35.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.29%	73.92%	-35.63%

CHPX vs. DRAM - Expense Ratio Comparison

CHPX has a 0.50% expense ratio, which is lower than DRAM's 0.65% expense ratio.

Dividends

CHPX vs. DRAM - Dividend Comparison

CHPX's dividend yield for the trailing twelve months is around 0.03%, while DRAM has not paid dividends to shareholders.

Position	TTM	2025
CHPX Global X AI Semiconductor & Quantum ETF	0.03%	0.06%
DRAM Roundhill Memory ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both CHPX and DRAM in my portfolio?

CHPX and DRAM have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CHPX or DRAM?

On fees, CHPX is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CHPX or DRAM?

CHPX is cheaper with a 0.50% expense ratio, compared with 0.65% for DRAM.

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

CHPX has the higher dividend yield at 0.03%, compared with 0.00% for DRAM.

What is the main difference between CHPX and DRAM?

CHPX is categorized as Semiconductors, while DRAM is Technology Equities. They also come from different issuers: Global X and Roundhill. Their fees differ too: 0.50% for CHPX and 0.65% for DRAM.