HOOW vs. DRAM

Last updated Jun 4, 2026

HOOW (Roundhill HOOD WeeklyPay ETF) and DRAM (Roundhill Memory ETF) are both exchange-traded funds - HOOW is a Leveraged Equities fund actively managed by Roundhill, while DRAM is a Technology Equities fund actively managed by Roundhill. Both are actively managed. At a 0.36 correlation, their price movements are largely independent. HOOW charges 0.99%/yr vs 0.65%/yr for DRAM.

Performance

HOOW vs. DRAM - Performance Comparison

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

Returns By Period

HOOW

• 1D: -7.51%
• 1M: 8.18%
• YTD: -34.08%
• 6M: -46.41%
• 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)

HOOW vs. DRAM - Yearly Performance Comparison

	2026 (YTD)
HOOW Roundhill HOOD WeeklyPay ETF	21.47%
DRAM Roundhill Memory ETF	151.12%

Correlation

The correlation between HOOW and DRAM is 0.36, 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	0.36

HOOW vs. DRAM - Sectors Allocation Comparison

Sectors	HOOW	DRAM
Financial Services	3.3%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	100.0%
Utilities	-	-

Return for Risk

HOOW vs. DRAM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill HOOD WeeklyPay ETF (HOOW) 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

	HOOW	DRAM	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.04	341.95	-341.99

Drawdowns

HOOW vs. DRAM - Drawdown Comparison

The maximum HOOW drawdown since its inception was -65.74%, which is greater than DRAM's maximum drawdown of -10.46%. Use the drawdown chart below to compare losses from any high point for HOOW and DRAM.

Drawdown Indicators

	HOOW	DRAM	Difference
Max Drawdown Largest peak-to-trough decline	-65.74%	-10.46%	-55.28%
Current Drawdown Current decline from peak	-55.23%	0.00%	-55.23%
Average Drawdown Average peak-to-trough decline	-29.13%	-1.64%	-27.49%

Volatility

Volatility by Period

	HOOW	DRAM	Difference
Volatility (1Y) Calculated over the trailing 1-year period	83.86%	73.92%	+9.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	83.86%	73.92%	+9.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	83.86%	73.92%	+9.94%

HOOW vs. DRAM - Expense Ratio Comparison

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

Dividends

HOOW vs. DRAM - Dividend Comparison

HOOW's dividend yield for the trailing twelve months is around 163.90%, while DRAM has not paid dividends to shareholders.

Position	TTM	2025
DRAM Roundhill Memory ETF	0.00%	0.00%
HOOW Roundhill HOOD WeeklyPay ETF	163.90%	67.92%

Frequently Asked Questions

Can I hold both HOOW and DRAM in my portfolio?

HOOW and DRAM have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HOOW 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, HOOW or DRAM?

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

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

HOOW has the higher dividend yield at 163.90%, compared with 0.00% for DRAM.

What is the main difference between HOOW and DRAM?

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