DRAM vs. DHS

Last updated Jun 24, 2026

DRAM (Roundhill Memory ETF) and DHS (WisdomTree US High Dividend Fund) are both exchange-traded funds - DRAM is a Technology Equities fund actively managed by Roundhill, while DHS is a Large Cap Value Equities fund tracking the WisdomTree U.S. High Dividend Index. DRAM is actively managed, while DHS is passively managed. At a correlation of -0.24, they often move in opposite directions. DRAM charges 0.65%/yr vs 0.38%/yr for DHS.

Performance

DRAM vs. DHS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Memory ETF (DRAM) and WisdomTree US High Dividend Fund (DHS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DRAM

• 1D: -14.25%
• 1M: 31.05%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DHS

• 1D: 0.81%
• 1M: -0.18%
• YTD: 12.61%
• 6M: 12.50%
• 1Y: 22.41%
• 3Y*: 17.58%
• 5Y*: 11.73%
• 10Y*: 9.73%

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

DRAM vs. DHS - Yearly Performance Comparison

	2026 (YTD)
DRAM Roundhill Memory ETF	156.37%
DHS WisdomTree US High Dividend Fund	4.84%

Correlation

The correlation between DRAM and DHS is -0.24, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 2, 2026	-0.24

DRAM vs. DHS - Sectors Allocation Comparison

Sectors	DRAM	DHS
Technology	100.0%	4.1%
Basic Materials	-	1.2%
Communication Services	-	9.0%
Consumer Cyclical	-	5.6%
Consumer Defensive	-	18.5%
Energy	-	8.8%
Financial Services	-	22.1%
Healthcare	-	14.9%
Industrials	-	4.2%
Real Estate	-	2.9%
Utilities	-	8.7%

Return for Risk

DRAM vs. DHS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments 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.

DHS

DHS Risk / Return Rank: 72
DHS Sharpe Ratio Rank: 72
DHS Sortino Ratio Rank: 78
DHS Omega Ratio Rank: 66
DHS Calmar Ratio Rank: 73
DHS Martin Ratio Rank: 72

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. DHS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Memory ETF (DRAM) and WisdomTree US High Dividend Fund (DHS). 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	DHS	Difference
Sharpe ratio: Return per unit of total volatility	—	2.21	—
Sortino ratio: Return per unit of downside risk	—	3.27	—
Omega ratio: Gain probability vs. loss probability	—	1.38	—
Calmar ratio: Return relative to maximum drawdown	—	3.57	—
Martin ratio: Return relative to average drawdown	—	12.96	—

Drawdowns

DRAM vs. DHS - Drawdown Comparison

The maximum DRAM drawdown since its inception was -19.97%, smaller than the maximum DHS drawdown of -67.25%. Use the drawdown chart below to compare losses from any high point for DRAM and DHS.

Drawdown Indicators

	DRAM	DHS	Difference
Max Drawdown Largest peak-to-trough decline	-19.97%	-67.25%	+47.28%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.30%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-11.87%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-15.28%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.35%	—
Current Drawdown Current decline from peak	-14.25%	-1.19%	-13.06%
Average Drawdown Average peak-to-trough decline	-3.09%	-9.53%	+6.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.73%	—

Volatility

Volatility by Period

	DRAM	DHS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.61%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.53%	—
Volatility (1Y) Calculated over the trailing 1-year period	93.22%	10.20%	+83.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	93.22%	13.88%	+79.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	93.22%	16.08%	+77.14%

DRAM vs. DHS - Expense Ratio Comparison

DRAM has a 0.65% expense ratio, which is higher than DHS's 0.38% expense ratio.

Dividends

DRAM vs. DHS - Dividend Comparison

DRAM has not paid dividends to shareholders, while DHS's dividend yield for the trailing twelve months is around 3.27%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DHS WisdomTree US High Dividend Fund	3.27%	3.32%	3.66%	4.31%	3.42%	3.29%	4.14%	3.69%	3.76%	3.00%	3.25%	3.53%
DRAM Roundhill Memory ETF	0.00%	0.00%	0.00%	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 DHS in my portfolio?

DRAM and DHS have a correlation of -0.24, 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 DHS?

On fees, DHS is cheaper at 0.38% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DRAM or DHS?

DHS is cheaper with a 0.38% expense ratio, compared with 0.65% for DRAM.

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

DHS has the higher dividend yield at 3.27%, compared with 0.00% for DRAM.

What is the main difference between DRAM and DHS?

DRAM is categorized as Technology Equities, while DHS is Large Cap Value Equities. They also come from different issuers: Roundhill and WisdomTree. Their fees differ too: 0.65% for DRAM and 0.38% for DHS.