IDEQ vs. DRAM

Last updated Aug 2, 2026

IDEQ (Lazard International Dynamic Equity ETF) and DRAM (Roundhill Memory ETF) are both exchange-traded funds - IDEQ is a Foreign Large Cap Equities fund actively managed by Lazard, while DRAM is a Technology Equities fund actively managed by Roundhill. Both are actively managed. Their 0.74 correlation means they have sometimes moved together and sometimes differently. IDEQ charges 0.40%/yr vs 0.65%/yr for DRAM.

Performance

IDEQ vs. DRAM - Performance Comparison

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

Returns By Period

IDEQ

• 1D: -0.43%
• 1M: -0.46%
• 6M: 6.56%
• YTD: 14.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

DRAM

• 1D: -3.76%
• 1M: -16.92%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*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
IDEQ Lazard International Dynamic Equity ETF	$8.07M	$9.61M	$11.09M

IDEQ vs. DRAM - Yearly Performance Comparison

	2026 (YTD)
IDEQ Lazard International Dynamic Equity ETF	7.91%
DRAM Roundhill Memory ETF	86.56%

Correlation

The correlation between IDEQ and DRAM is 0.74, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 2, 2026	0.74

Return for Risk

IDEQ vs. DRAM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard International Dynamic Equity ETF (IDEQ) 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.

Drawdowns

IDEQ vs. DRAM - Drawdown Comparison

The maximum IDEQ drawdown since its inception was -12.95%, smaller than the maximum DRAM drawdown of -44.44%. Use the drawdown chart below to compare losses from any high point for IDEQ and DRAM.

Drawdown Indicators

	IDEQ	DRAM	Difference
Max Drawdown Largest peak-to-trough decline	-12.95%	-44.44%	+31.49%
Current Drawdown Current decline from peak	-3.65%	-37.60%	+33.95%
Average Drawdown Average peak-to-trough decline	-2.28%	-10.50%	+8.22%

Volatility

Volatility by Period

	IDEQ	DRAM	Difference
Volatility (1Y) Calculated over the trailing 1-year period	19.58%	100.96%	-81.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.58%	100.96%	-81.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.58%	100.96%	-81.38%

IDEQ vs. DRAM - Expense Ratio Comparison

IDEQ has a 0.40% expense ratio, which is lower than DRAM's 0.65% expense ratio.

Dividends

IDEQ vs. DRAM - Dividend Comparison

IDEQ's dividend yield for the trailing twelve months is around 1.35%, while DRAM has not paid dividends to shareholders.

Position	TTM	2025
DRAM Roundhill Memory ETF	0.00%	0.00%
IDEQ Lazard International Dynamic Equity ETF	1.35%	0.60%

Frequently Asked Questions

Can I hold both IDEQ and DRAM in my portfolio?

IDEQ and DRAM have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IDEQ or DRAM?

On fees, IDEQ is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IDEQ or DRAM?

IDEQ is cheaper with a 0.40% expense ratio, compared with 0.65% for DRAM.

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

IDEQ has the higher dividend yield at 1.35%, compared with 0.00% for DRAM.

What is the main difference between IDEQ and DRAM?

IDEQ is categorized as Foreign Large Cap Equities, while DRAM is Technology Equities. They also come from different issuers: Lazard and Roundhill. Their fees differ too: 0.40% for IDEQ and 0.65% for DRAM.