MAGS vs. DRAM

Last updated Jun 24, 2026

MAGS (Roundhill Magnificent Seven ETF) and DRAM (Roundhill Memory ETF) are both Technology Equities funds from Roundhill. Both are actively managed. At a 0.47 correlation, their price movements are largely independent. MAGS charges 0.29%/yr vs 0.65%/yr for DRAM.

Performance

MAGS vs. DRAM - Performance Comparison

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

Returns By Period

MAGS

• 1D: -1.37%
• 1M: -8.97%
• YTD: -4.28%
• 6M: -5.96%
• 1Y: 18.84%
• 3Y*: 29.20%
• 5Y*: —
• 10Y*: —

DRAM

• 1D: -14.25%
• 1M: 31.05%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MAGS vs. DRAM - Yearly Performance Comparison

	2026 (YTD)
MAGS Roundhill Magnificent Seven ETF	7.60%
DRAM Roundhill Memory ETF	156.37%

Correlation

The correlation between MAGS and DRAM is 0.47, 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 2, 2026	0.47

MAGS vs. DRAM - Sectors Allocation Comparison

Sectors	MAGS	DRAM
Technology	8.1%	100.0%
Consumer Cyclical	5.3%	-
Communication Services	4.0%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

MAGS vs. DRAM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MAGS

MAGS Risk / Return Rank: 25
MAGS Sharpe Ratio Rank: 26
MAGS Sortino Ratio Rank: 25
MAGS Omega Ratio Rank: 24
MAGS Calmar Ratio Rank: 22
MAGS Martin Ratio Rank: 26

DRAM

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MAGS vs. DRAM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Magnificent Seven ETF (MAGS) 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.

	MAGS	DRAM	Difference
Sharpe ratio: Return per unit of total volatility	0.92	—	—
Sortino ratio: Return per unit of downside risk	1.34	—	—
Omega ratio: Gain probability vs. loss probability	1.17	—	—
Calmar ratio: Return relative to maximum drawdown	1.02	—	—
Martin ratio: Return relative to average drawdown	3.34	—	—

Drawdowns

MAGS vs. DRAM - Drawdown Comparison

The maximum MAGS drawdown since its inception was -29.91%, which is greater than DRAM's maximum drawdown of -19.97%. Use the drawdown chart below to compare losses from any high point for MAGS and DRAM.

Drawdown Indicators

	MAGS	DRAM	Difference
Max Drawdown Largest peak-to-trough decline	-29.91%	-19.97%	-9.94%
Max Drawdown (1Y) Largest decline over 1 year	-18.62%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-29.91%	—	—
Current Drawdown Current decline from peak	-11.00%	-14.25%	+3.25%
Average Drawdown Average peak-to-trough decline	-4.75%	-3.09%	-1.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.65%	—	—

Volatility

Volatility by Period

	MAGS	DRAM	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.13%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.51%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.74%	93.22%	-72.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.02%	93.22%	-67.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.02%	93.22%	-67.20%

MAGS vs. DRAM - Expense Ratio Comparison

MAGS has a 0.29% expense ratio, which is lower than DRAM's 0.65% expense ratio.

Dividends

MAGS vs. DRAM - Dividend Comparison

MAGS's dividend yield for the trailing twelve months is around 1.55%, while DRAM has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
DRAM Roundhill Memory ETF	0.00%	0.00%	0.00%	0.00%
MAGS Roundhill Magnificent Seven ETF	1.55%	1.48%	0.81%	0.44%

Frequently Asked Questions

Can I hold both MAGS and DRAM in my portfolio?

MAGS and DRAM have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MAGS or DRAM?

On fees, MAGS is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MAGS or DRAM?

MAGS is cheaper with a 0.29% expense ratio, compared with 0.65% for DRAM.

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

MAGS has the higher dividend yield at 1.55%, compared with 0.00% for DRAM.

What is the main difference between MAGS and DRAM?

Their fees differ too: 0.29% for MAGS and 0.65% for DRAM.