DRAM vs. NVDW

Last updated Jun 4, 2026

DRAM (Roundhill Memory ETF) and NVDW (Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF) are both exchange-traded funds - DRAM is a Technology Equities fund actively managed by Roundhill, while NVDW is a Derivative Income fund actively managed by Roundhill. Both are actively managed. At a 0.32 correlation, their price movements are largely independent. DRAM charges 0.65%/yr vs 0.99%/yr for NVDW.

Performance

DRAM vs. NVDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Memory ETF (DRAM) and Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF (NVDW). 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*: —

NVDW

• 1D: -4.20%
• 1M: 9.65%
• YTD: 15.96%
• 6M: 20.80%
• 1Y: 56.88%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DRAM vs. NVDW - Yearly Performance Comparison

	2026 (YTD)
DRAM Roundhill Memory ETF	151.12%
NVDW Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF	24.74%

Correlation

The correlation between DRAM and NVDW 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. NVDW — Risk / Return Rank

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

NVDW

NVDW Risk / Return Rank: 38
NVDW Sharpe Ratio Rank: 38
NVDW Sortino Ratio Rank: 38
NVDW Omega Ratio Rank: 35
NVDW Calmar Ratio Rank: 45
NVDW Martin Ratio Rank: 35

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. NVDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Memory ETF (DRAM) and Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF (NVDW). 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	NVDW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.39	—
Sharpe Ratio (All Time) Calculated using the full available price history	341.95	1.52	+340.43

Drawdowns

DRAM vs. NVDW - Drawdown Comparison

The maximum DRAM drawdown since its inception was -10.46%, smaller than the maximum NVDW drawdown of -25.54%. Use the drawdown chart below to compare losses from any high point for DRAM and NVDW.

Drawdown Indicators

	DRAM	NVDW	Difference
Max Drawdown Largest peak-to-trough decline	-10.46%	-25.54%	+15.08%
Max Drawdown (1Y) Largest decline over 1 year	—	-25.54%	—
Current Drawdown Current decline from peak	0.00%	-10.65%	+10.65%
Average Drawdown Average peak-to-trough decline	-1.64%	-8.19%	+6.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.49%	—

Volatility

Volatility by Period

	DRAM	NVDW	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	15.04%	—
Volatility (6M) Calculated over the trailing 6-month period	—	30.74%	—
Volatility (1Y) Calculated over the trailing 1-year period	73.92%	41.15%	+32.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	73.92%	41.15%	+32.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.92%	41.15%	+32.77%

DRAM vs. NVDW - Expense Ratio Comparison

DRAM has a 0.65% expense ratio, which is lower than NVDW's 0.99% expense ratio.

Dividends

DRAM vs. NVDW - Dividend Comparison

DRAM has not paid dividends to shareholders, while NVDW's dividend yield for the trailing twelve months is around 58.16%.

Position	TTM	2025
DRAM Roundhill Memory ETF	0.00%	0.00%
NVDW Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF	58.16%	38.94%

Frequently Asked Questions

Can I hold both DRAM and NVDW in my portfolio?

DRAM and NVDW 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 NVDW?

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 NVDW?

DRAM is cheaper with a 0.65% expense ratio, compared with 0.99% for NVDW.

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

NVDW has the higher dividend yield at 58.16%, compared with 0.00% for DRAM.

What is the main difference between DRAM and NVDW?

DRAM is categorized as Technology Equities, while NVDW is Derivative Income. Their fees differ too: 0.65% for DRAM and 0.99% for NVDW.