DRAM vs. BULG

Last updated Jun 4, 2026

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

Performance

DRAM vs. BULG - Performance Comparison

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

Returns By Period

DRAM

• 1D: 0.20%
• 1M: 64.14%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BULG

• 1D: -10.40%
• 1M: -35.04%
• YTD: -56.19%
• 6M: -70.34%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DRAM vs. BULG - Yearly Performance Comparison

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

Correlation

The correlation between DRAM and BULG 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

DRAM vs. BULG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Memory ETF (DRAM) and Leverage Shares 2X Long BULL Daily ETF (BULG). 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	BULG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	341.95	-0.83	+342.78

Drawdowns

DRAM vs. BULG - Drawdown Comparison

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

Drawdown Indicators

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

Volatility

Volatility by Period

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

DRAM vs. BULG - Expense Ratio Comparison

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

Dividends

DRAM vs. BULG - Dividend Comparison

Neither DRAM nor BULG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DRAM and BULG in my portfolio?

DRAM and BULG 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, DRAM or BULG?

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 BULG?

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

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

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

What is the main difference between DRAM and BULG?

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