DRAM vs. IDVO

Last updated Jun 4, 2026

DRAM (Roundhill Memory ETF) and IDVO (Amplify CWP International Enhanced Dividend Income ETF) are both exchange-traded funds - DRAM is a Technology Equities fund actively managed by Roundhill, while IDVO is a Derivative Income fund actively managed by Amplify. Both are actively managed. A 0.63 correlation means they provide meaningful diversification when combined. Both charge a 0.65% expense ratio.

Performance

DRAM vs. IDVO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Memory ETF (DRAM) and Amplify CWP International Enhanced Dividend Income ETF (IDVO). 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*: —

IDVO

• 1D: -1.25%
• 1M: 2.08%
• YTD: 14.12%
• 6M: 14.66%
• 1Y: 35.28%
• 3Y*: 23.82%
• 5Y*: —
• 10Y*: —

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

DRAM vs. IDVO - Yearly Performance Comparison

	2026 (YTD)
DRAM Roundhill Memory ETF	151.12%
IDVO Amplify CWP International Enhanced Dividend Income ETF	5.43%

Correlation

The correlation between DRAM and IDVO is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 6, 2026	0.63

DRAM vs. IDVO - Sectors Allocation Comparison

Sectors	DRAM	IDVO
Technology	100.0%	8.7%
Basic Materials	-	15.7%
Communication Services	-	9.1%
Consumer Cyclical	-	4.2%
Consumer Defensive	-	7.5%
Energy	-	12.1%
Financial Services	-	18.3%
Healthcare	-	8.3%
Industrials	-	9.8%
Real Estate	-	-
Utilities	-	6.4%

Return for Risk

DRAM vs. IDVO — Risk / Return Rank

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

IDVO

IDVO Risk / Return Rank: 67
IDVO Sharpe Ratio Rank: 67
IDVO Sortino Ratio Rank: 64
IDVO Omega Ratio Rank: 67
IDVO Calmar Ratio Rank: 67
IDVO Martin Ratio Rank: 70

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. IDVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Memory ETF (DRAM) and Amplify CWP International Enhanced Dividend Income ETF (IDVO). 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	IDVO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.27	—
Sharpe Ratio (All Time) Calculated using the full available price history	341.95	1.38	+340.57

Drawdowns

DRAM vs. IDVO - Drawdown Comparison

The maximum DRAM drawdown since its inception was -10.46%, smaller than the maximum IDVO drawdown of -15.46%. Use the drawdown chart below to compare losses from any high point for DRAM and IDVO.

Drawdown Indicators

	DRAM	IDVO	Difference
Max Drawdown Largest peak-to-trough decline	-10.46%	-15.46%	+5.00%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.37%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.46%	—
Current Drawdown Current decline from peak	0.00%	-1.25%	+1.25%
Average Drawdown Average peak-to-trough decline	-1.64%	-2.30%	+0.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.67%	—

Volatility

Volatility by Period

	DRAM	IDVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.20%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.05%	—
Volatility (1Y) Calculated over the trailing 1-year period	73.92%	15.61%	+58.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	73.92%	16.36%	+57.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.92%	16.36%	+57.56%

DRAM vs. IDVO - Expense Ratio Comparison

Both DRAM and IDVO have an expense ratio of 0.65%.

Dividends

DRAM vs. IDVO - Dividend Comparison

DRAM has not paid dividends to shareholders, while IDVO's dividend yield for the trailing twelve months is around 5.48%.

Position	TTM	2025	2024	2023	2022
DRAM Roundhill Memory ETF	0.00%	0.00%	0.00%	0.00%	0.00%
IDVO Amplify CWP International Enhanced Dividend Income ETF	5.48%	5.42%	6.14%	5.72%	1.96%

Frequently Asked Questions

Can I hold both DRAM and IDVO in my portfolio?

DRAM and IDVO have a correlation of 0.63, 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 IDVO?

Both ETFs have the same 0.65% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DRAM or IDVO?

DRAM and IDVO have the same expense ratio: 0.65% per year.

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

IDVO has the higher dividend yield at 5.48%, compared with 0.00% for DRAM.

What is the main difference between DRAM and IDVO?

DRAM is categorized as Technology Equities, while IDVO is Derivative Income. They also come from different issuers: Roundhill and Amplify.