GXPT vs. DRAM
GXPT (Global X PureCap MSCI Information Technology ETF) and DRAM (Roundhill Memory ETF) are both Technology Equities funds. GXPT is passively managed, while DRAM is actively managed. A 0.70 correlation means they provide meaningful diversification when combined. GXPT charges 0.15%/yr vs 0.65%/yr for DRAM.
Performance
GXPT vs. DRAM - Performance Comparison
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Returns By Period
GXPT
- 1D
- -3.44%
- 1M
- -0.96%
- YTD
- 16.86%
- 6M
- 15.57%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DRAM
- 1D
- -14.25%
- 1M
- 31.05%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GXPT vs. DRAM - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
GXPT Global X PureCap MSCI Information Technology ETF | 27.80% |
DRAM Roundhill Memory ETF | 156.37% |
Correlation
The correlation between GXPT and DRAM is 0.70, 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 2, 2026 | 0.70 |
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Return for Risk
GXPT vs. DRAM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X PureCap MSCI Information Technology ETF (GXPT) 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.
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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Drawdowns
GXPT vs. DRAM - Drawdown Comparison
The maximum GXPT drawdown since its inception was -18.74%, smaller than the maximum DRAM drawdown of -19.97%. Use the drawdown chart below to compare losses from any high point for GXPT and DRAM.
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Drawdown Indicators
| GXPT | DRAM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.74% | -19.97% | +1.23% |
Current DrawdownCurrent decline from peak | -8.72% | -14.25% | +5.53% |
Average DrawdownAverage peak-to-trough decline | -5.04% | -3.09% | -1.95% |
Volatility
GXPT vs. DRAM - Volatility Comparison
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Volatility by Period
| GXPT | DRAM | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 22.91% | 93.22% | -70.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.91% | 93.22% | -70.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.91% | 93.22% | -70.31% |
GXPT vs. DRAM - Expense Ratio Comparison
GXPT has a 0.15% expense ratio, which is lower than DRAM's 0.65% expense ratio.
Dividends
GXPT vs. DRAM - Dividend Comparison
GXPT's dividend yield for the trailing twelve months is around 0.12%, while DRAM has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
DRAM Roundhill Memory ETF | 0.00% | 0.00% |
GXPT Global X PureCap MSCI Information Technology ETF | 0.12% | 0.14% |
Frequently Asked Questions
GXPT and DRAM have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GXPT is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GXPT is cheaper with a 0.15% expense ratio, compared with 0.65% for DRAM.
GXPT has the higher dividend yield at 0.12%, compared with 0.00% for DRAM.
They also come from different issuers: Global X and Roundhill. Their fees differ too: 0.15% for GXPT and 0.65% for DRAM.
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