DRAM vs. AIQ

Last updated Jun 9, 2026

DRAM (Roundhill Memory ETF) and AIQ (Global X Artificial Intelligence & Technology ETF) are both Technology Equities funds. DRAM is actively managed, while AIQ is passively managed. Their correlation of 0.84 suggests significant overlap in exposure. DRAM charges 0.65%/yr vs 0.68%/yr for AIQ.

Performance

DRAM vs. AIQ - Performance Comparison

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

Returns By Period

DRAM

• 1D: 8.48%
• 1M: 14.62%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AIQ

• 1D: 3.07%
• 1M: 3.42%
• YTD: 26.70%
• 6M: 25.19%
• 1Y: 55.14%
• 3Y*: 33.87%
• 5Y*: 17.37%
• 10Y*: —

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

DRAM vs. AIQ - Yearly Performance Comparison

	2026 (YTD)
DRAM Roundhill Memory ETF	124.15%
AIQ Global X Artificial Intelligence & Technology ETF	36.12%

Correlation

The correlation between DRAM and AIQ is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 2, 2026	0.84

DRAM vs. AIQ - Sectors Allocation Comparison

Sectors	DRAM	AIQ
Technology	100.0%	73.3%
Basic Materials	-	-
Communication Services	-	13.2%
Consumer Cyclical	-	8.5%
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	0.4%
Healthcare	-	0.4%
Industrials	-	4.2%
Real Estate	-	-
Utilities	-	-

Return for Risk

DRAM vs. AIQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AIQ

AIQ Risk / Return Rank: 71
AIQ Sharpe Ratio Rank: 77
AIQ Sortino Ratio Rank: 67
AIQ Omega Ratio Rank: 71
AIQ Calmar Ratio Rank: 73
AIQ Martin Ratio Rank: 68

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DRAM vs. AIQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Memory ETF (DRAM) and Global X Artificial Intelligence & Technology ETF (AIQ). 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

	DRAM	AIQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.24	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	91.43	0.79	+90.64

Drawdowns

DRAM vs. AIQ - Drawdown Comparison

The maximum DRAM drawdown since its inception was -19.97%, smaller than the maximum AIQ drawdown of -44.66%. Use the drawdown chart below to compare losses from any high point for DRAM and AIQ.

Drawdown Indicators

	DRAM	AIQ	Difference
Max Drawdown Largest peak-to-trough decline	-19.97%	-44.66%	+24.69%
Max Drawdown (1Y) Largest decline over 1 year	—	-16.47%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-26.35%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-44.66%	—
Current Drawdown Current decline from peak	-13.18%	-8.13%	-5.05%
Average Drawdown Average peak-to-trough decline	-2.40%	-9.79%	+7.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.84%	—

Volatility

Volatility by Period

	DRAM	AIQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.72%	—
Volatility (6M) Calculated over the trailing 6-month period	—	20.70%	—
Volatility (1Y) Calculated over the trailing 1-year period	85.85%	24.76%	+61.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	85.85%	25.63%	+60.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	85.85%	25.67%	+60.18%

DRAM vs. AIQ - Expense Ratio Comparison

DRAM has a 0.65% expense ratio, which is lower than AIQ's 0.68% expense ratio.

Dividends

DRAM vs. AIQ - Dividend Comparison

DRAM has not paid dividends to shareholders, while AIQ's dividend yield for the trailing twelve months is around 0.15%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
AIQ Global X Artificial Intelligence & Technology ETF	0.15%	0.18%	0.14%	0.16%	0.56%	0.15%	0.50%	0.51%	0.51%
DRAM Roundhill Memory ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DRAM and AIQ in my portfolio?

DRAM and AIQ have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DRAM or AIQ?

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, DRAM or AIQ?

DRAM is cheaper with a 0.65% expense ratio, compared with 0.68% for AIQ.

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

AIQ has the higher dividend yield at 0.15%, compared with 0.00% for DRAM.

What is the main difference between DRAM and AIQ?

They also come from different issuers: Roundhill and Global X. Their fees differ too: 0.65% for DRAM and 0.68% for AIQ.