GDXW vs. DRAM

Last updated Jun 4, 2026

GDXW (Roundhill Gold Miners Weeklypay ETF) and DRAM (Roundhill Memory ETF) are both exchange-traded funds - GDXW is a Gold fund actively managed by Roundhill, while DRAM is a Technology Equities fund actively managed by Roundhill. Both are actively managed. At a 0.49 correlation, their price movements are largely independent. GDXW charges 0.99%/yr vs 0.65%/yr for DRAM.

Performance

GDXW vs. DRAM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Gold Miners Weeklypay ETF (GDXW) and Roundhill Memory ETF (DRAM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GDXW

• 1D: -4.02%
• 1M: -1.27%
• YTD: -4.89%
• 6M: 2.36%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DRAM

• 1D: 0.20%
• 1M: 64.14%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GDXW vs. DRAM - Yearly Performance Comparison

	2026 (YTD)
GDXW Roundhill Gold Miners Weeklypay ETF	-12.77%
DRAM Roundhill Memory ETF	151.12%

Correlation

The correlation between GDXW and DRAM is 0.49, 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	0.49

Return for Risk

GDXW vs. DRAM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Gold Miners Weeklypay ETF (GDXW) and Roundhill Memory ETF (DRAM). 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

	GDXW	DRAM	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	341.95	-341.50

Drawdowns

GDXW vs. DRAM - Drawdown Comparison

The maximum GDXW drawdown since its inception was -36.83%, which is greater than DRAM's maximum drawdown of -10.46%. Use the drawdown chart below to compare losses from any high point for GDXW and DRAM.

Drawdown Indicators

	GDXW	DRAM	Difference
Max Drawdown Largest peak-to-trough decline	-36.83%	-10.46%	-26.37%
Current Drawdown Current decline from peak	-32.99%	0.00%	-32.99%
Average Drawdown Average peak-to-trough decline	-13.45%	-1.64%	-11.81%

Volatility

Volatility by Period

	GDXW	DRAM	Difference
Volatility (1Y) Calculated over the trailing 1-year period	61.39%	73.92%	-12.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	61.39%	73.92%	-12.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	61.39%	73.92%	-12.53%

GDXW vs. DRAM - Expense Ratio Comparison

GDXW has a 0.99% expense ratio, which is higher than DRAM's 0.65% expense ratio.

Dividends

GDXW vs. DRAM - Dividend Comparison

GDXW's dividend yield for the trailing twelve months is around 39.39%, while DRAM has not paid dividends to shareholders.

Position	TTM	2025
DRAM Roundhill Memory ETF	0.00%	0.00%
GDXW Roundhill Gold Miners Weeklypay ETF	39.39%	7.48%

Frequently Asked Questions

Can I hold both GDXW and DRAM in my portfolio?

GDXW and DRAM have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GDXW or DRAM?

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, GDXW or DRAM?

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

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

GDXW has the higher dividend yield at 39.39%, compared with 0.00% for DRAM.

What is the main difference between GDXW and DRAM?

GDXW is categorized as Gold, while DRAM is Technology Equities. Their fees differ too: 0.99% for GDXW and 0.65% for DRAM.