DRAM vs. DFAR

Last updated Aug 1, 2026

DRAM (Roundhill Memory ETF) and DFAR (Dimensional US Real Estate ETF) are both exchange-traded funds - DRAM is a Technology Equities fund actively managed by Roundhill, while DFAR is a REIT fund actively managed by Dimensional. Both are actively managed. Their -0.27 correlation means they have often moved in opposite directions in the past. DRAM charges 0.65%/yr vs 0.19%/yr for DFAR.

Performance

DRAM vs. DFAR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Memory ETF (DRAM) and Dimensional US Real Estate ETF (DFAR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DRAM

• 1D: -3.76%
• 1M: -16.92%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

DFAR

• 1D: -0.52%
• 1M: 0.83%
• 6M: 14.72%
• YTD: 17.82%
• 1Y: 19.60%
• 3Y*: 10.10%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 4.69%

*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)
DFAR Dimensional US Real Estate ETF	$63.41M	$62.10M	$64.32M
DRAM Roundhill Memory ETF	$4.23B	$4.59B	$3.52B

DRAM vs. DFAR - Yearly Performance Comparison

	2026 (YTD)
DRAM Roundhill Memory ETF	86.56%
DFAR Dimensional US Real Estate ETF	13.46%

Correlation

The correlation between DRAM and DFAR is -0.27, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 2, 2026	-0.27

Return for Risk

DRAM vs. DFAR — Risk / Return Rank

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

DRAM

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

DFAR

DFAR Risk / Return Rank: 62
DFAR Sharpe Ratio Rank: 61
DFAR Sortino Ratio Rank: 59
DFAR Omega Ratio Rank: 58
DFAR Calmar Ratio Rank: 67
DFAR Martin Ratio Rank: 65

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.

DRAM vs. DFAR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Memory ETF (DRAM) and Dimensional US Real Estate ETF (DFAR). 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.

	DRAM	DFAR	Difference
Sharpe ratio: Return per unit of total volatility	—	1.42	—
Sortino ratio: Return per unit of downside risk	—	2.01	—
Omega ratio: Gain probability vs. loss probability	—	1.25	—
Calmar ratio: Return relative to maximum drawdown	—	2.31	—
Martin ratio: Return relative to average drawdown	—	7.79	—

Drawdowns

DRAM vs. DFAR - Drawdown Comparison

The maximum DRAM drawdown since its inception was -44.44%, which is greater than DFAR's maximum drawdown of -32.27%. Use the drawdown chart below to compare losses from any high point for DRAM and DFAR.

Drawdown Indicators

	DRAM	DFAR	Difference
Max Drawdown Largest peak-to-trough decline	-44.44%	-32.27%	-12.17%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.43%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-17.64%	—
Current Drawdown Current decline from peak	-37.60%	-2.23%	-35.37%
Average Drawdown Average peak-to-trough decline	-10.50%	-13.73%	+3.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.49%	—

Volatility

Volatility by Period

	DRAM	DFAR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.49%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.74%	—
Volatility (1Y) Calculated over the trailing 1-year period	100.96%	13.79%	+87.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	100.96%	19.08%	+81.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	100.96%	19.08%	+81.88%

DRAM vs. DFAR - Expense Ratio Comparison

DRAM has a 0.65% expense ratio, which is higher than DFAR's 0.19% expense ratio.

Dividends

DRAM vs. DFAR - Dividend Comparison

DRAM has not paid dividends to shareholders, while DFAR's dividend yield for the trailing twelve months is around 2.63%.

Position	TTM	2025	2024	2023	2022
DFAR Dimensional US Real Estate ETF	2.63%	2.97%	2.89%	3.06%	1.69%
DRAM Roundhill Memory ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DRAM and DFAR in my portfolio?

DRAM and DFAR have a correlation of -0.27, 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 DFAR?

On fees, DFAR is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DRAM or DFAR?

DFAR is cheaper with a 0.19% expense ratio, compared with 0.65% for DRAM.

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

DFAR has the higher dividend yield at 2.63%, compared with 0.00% for DRAM.

What is the main difference between DRAM and DFAR?

DRAM is categorized as Technology Equities, while DFAR is REIT. They also come from different issuers: Roundhill and Dimensional. Their fees differ too: 0.65% for DRAM and 0.19% for DFAR.