DRAM vs. FSENX

Last updated Jun 9, 2026

DRAM (Roundhill Memory ETF) and FSENX (Fidelity Select Energy Portfolio) are both funds - DRAM is a Technology Equities fund actively managed by Roundhill, while FSENX is a Energy Equities fund managed by Fidelity. At a correlation of -0.19, they often move in opposite directions. DRAM charges 0.65%/yr vs 0.77%/yr for FSENX.

Performance

DRAM vs. FSENX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Memory ETF (DRAM) and Fidelity Select Energy Portfolio (FSENX). 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*: —

FSENX

• 1D: -2.51%
• 1M: 2.35%
• YTD: 33.31%
• 6M: 32.07%
• 1Y: 49.59%
• 3Y*: 18.77%
• 5Y*: 21.62%
• 10Y*: 8.95%

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

DRAM vs. FSENX - Yearly Performance Comparison

	2026 (YTD)
DRAM Roundhill Memory ETF	124.15%
FSENX Fidelity Select Energy Portfolio	-1.38%

Correlation

The correlation between DRAM and FSENX is -0.19, 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	-0.19

Return for Risk

DRAM vs. FSENX — Risk / Return Rank

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

FSENX

FSENX Risk / Return Rank: 80
FSENX Sharpe Ratio Rank: 85
FSENX Sortino Ratio Rank: 71
FSENX Omega Ratio Rank: 64
FSENX Calmar Ratio Rank: 94
FSENX Martin Ratio Rank: 85

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. FSENX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Memory ETF (DRAM) and Fidelity Select Energy Portfolio (FSENX). 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	FSENX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.68	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.80	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.29	—
Sharpe Ratio (All Time) Calculated using the full available price history	91.43	0.32	+91.11

Drawdowns

DRAM vs. FSENX - Drawdown Comparison

The maximum DRAM drawdown since its inception was -19.97%, smaller than the maximum FSENX drawdown of -76.24%. Use the drawdown chart below to compare losses from any high point for DRAM and FSENX.

Drawdown Indicators

	DRAM	FSENX	Difference
Max Drawdown Largest peak-to-trough decline	-19.97%	-76.24%	+56.27%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.95%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-25.85%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.02%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-72.11%	—
Current Drawdown Current decline from peak	-13.18%	-6.29%	-6.89%
Average Drawdown Average peak-to-trough decline	-2.40%	-17.01%	+14.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.41%	—

Volatility

Volatility by Period

	DRAM	FSENX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.11%	—
Volatility (6M) Calculated over the trailing 6-month period	—	15.46%	—
Volatility (1Y) Calculated over the trailing 1-year period	85.85%	19.72%	+66.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	85.85%	27.28%	+58.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	85.85%	30.95%	+54.90%

DRAM vs. FSENX - Expense Ratio Comparison

DRAM has a 0.65% expense ratio, which is lower than FSENX's 0.77% expense ratio.

Dividends

DRAM vs. FSENX - Dividend Comparison

DRAM has not paid dividends to shareholders, while FSENX's dividend yield for the trailing twelve months is around 1.61%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
FSENX Fidelity Select Energy Portfolio	1.61%	1.95%	1.95%	1.98%	2.50%	2.25%	3.43%	1.84%	1.48%	1.74%	0.62%	1.29%

Frequently Asked Questions

Can I hold both DRAM and FSENX in my portfolio?

DRAM and FSENX have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.