DRAM vs. XLKI

Last updated Aug 1, 2026

DRAM (Roundhill Memory ETF) and XLKI (State Street Technology Select Sector SPDR Premium Income ETF) are both Technology Equities funds. Both are actively managed. Their correlation of 0.81 means they have usually moved in the same direction. DRAM charges 0.65%/yr vs 0.35%/yr for XLKI.

Performance

DRAM vs. XLKI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Memory ETF (DRAM) and State Street Technology Select Sector SPDR Premium Income ETF (XLKI). 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*: —

XLKI

• 1D: 0.01%
• 1M: -1.06%
• 6M: 9.29%
• YTD: 10.67%
• 1Y: 24.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.71%

*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)
DRAM Roundhill Memory ETF	$4.23B	$4.59B	$3.52B
XLKI State Street Technology Select Sector SPDR Premium Income ETF	$514.98K	$430.22K	$356.64K

DRAM vs. XLKI - Yearly Performance Comparison

	2026 (YTD)
DRAM Roundhill Memory ETF	86.56%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	12.67%

Correlation

The correlation between DRAM and XLKI is 0.81, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 2, 2026	0.81

DRAM vs. XLKI - Sectors Allocation Comparison

Sectors	DRAM	XLKI
Technology	100.0%	99.2%
Basic Materials	-	-
Communication Services	-	0.8%
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-
Financial Services	-2.3%	99.9%

Return for Risk

DRAM vs. XLKI — 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.

XLKI

XLKI Risk / Return Rank: 51
XLKI Sharpe Ratio Rank: 46
XLKI Sortino Ratio Rank: 43
XLKI Omega Ratio Rank: 47
XLKI Calmar Ratio Rank: 57
XLKI Martin Ratio Rank: 60

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. XLKI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Memory ETF (DRAM) and State Street Technology Select Sector SPDR Premium Income ETF (XLKI). 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	XLKI	Difference
Sharpe ratio: Return per unit of total volatility	—	1.13	—
Sortino ratio: Return per unit of downside risk	—	1.61	—
Omega ratio: Gain probability vs. loss probability	—	1.22	—
Calmar ratio: Return relative to maximum drawdown	—	2.02	—
Martin ratio: Return relative to average drawdown	—	7.10	—

Drawdowns

DRAM vs. XLKI - Drawdown Comparison

The maximum DRAM drawdown since its inception was -44.44%, which is greater than XLKI's maximum drawdown of -11.21%. Use the drawdown chart below to compare losses from any high point for DRAM and XLKI.

Drawdown Indicators

	DRAM	XLKI	Difference
Max Drawdown Largest peak-to-trough decline	-44.44%	-11.21%	-33.23%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.21%	—
Current Drawdown Current decline from peak	-37.60%	-6.73%	-30.87%
Average Drawdown Average peak-to-trough decline	-10.50%	-2.16%	-8.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.18%	—

Volatility

Volatility by Period

	DRAM	XLKI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.68%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.55%	—
Volatility (1Y) Calculated over the trailing 1-year period	100.96%	19.96%	+81.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	100.96%	19.92%	+81.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	100.96%	19.92%	+81.04%

DRAM vs. XLKI - Expense Ratio Comparison

DRAM has a 0.65% expense ratio, which is higher than XLKI's 0.35% expense ratio.

Dividends

DRAM vs. XLKI - Dividend Comparison

DRAM has not paid dividends to shareholders, while XLKI's dividend yield for the trailing twelve months is around 17.91%.

Position	TTM	2025
DRAM Roundhill Memory ETF	0.00%	0.00%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	17.91%	8.52%

Frequently Asked Questions

Can I hold both DRAM and XLKI in my portfolio?

DRAM and XLKI have a correlation of 0.81, 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 XLKI?

On fees, XLKI is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DRAM or XLKI?

XLKI is cheaper with a 0.35% expense ratio, compared with 0.65% for DRAM.

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

XLKI has the higher dividend yield at 17.91%, compared with 0.00% for DRAM.

What is the main difference between DRAM and XLKI?

They also come from different issuers: Roundhill and State Street. Their fees differ too: 0.65% for DRAM and 0.35% for XLKI.