METW vs. DRAM

Last updated Jul 17, 2026

METW (Roundhill Meta Weeklypay ETF) and DRAM (Roundhill Memory ETF) are both Technology Equities funds from Roundhill. METW is passively managed, while DRAM is actively managed. At a 0.04 correlation, their price movements are largely independent. METW charges 0.59%/yr vs 0.65%/yr for DRAM.

Performance

METW vs. DRAM - Performance Comparison

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

Returns By Period

METW

• 1D: -3.04%
• 1M: 12.30%
• 6M: 5.60%
• YTD: -2.29%
• 1Y: -11.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DRAM

• 1D: -8.82%
• 1M: -23.17%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

METW vs. DRAM - Yearly Performance Comparison

	2026 (YTD)
METW Roundhill Meta Weeklypay ETF	16.24%
DRAM Roundhill Memory ETF	93.85%

Correlation

The correlation between METW and DRAM is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 2, 2026	0.04

METW vs. DRAM - Sectors Allocation Comparison

Sectors	METW	DRAM
Communication Services	23.8%	-
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-2.3%
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	58.3%
Utilities	-	-

Return for Risk

METW vs. DRAM — Risk / Return Rank

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

METW

METW Risk / Return Rank: 7
METW Sharpe Ratio Rank: 7
METW Sortino Ratio Rank: 8
METW Omega Ratio Rank: 8
METW Calmar Ratio Rank: 7
METW Martin Ratio Rank: 7

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.

METW vs. DRAM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Meta Weeklypay ETF (METW) 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.

	METW	DRAM	Difference
Sharpe ratio: Return per unit of total volatility	-0.24	—	—
Sortino ratio: Return per unit of downside risk	-0.04	—	—
Omega ratio: Gain probability vs. loss probability	0.99	—	—
Calmar ratio: Return relative to maximum drawdown	-0.28	—	—
Martin ratio: Return relative to average drawdown	-0.50	—	—

Drawdowns

METW vs. DRAM - Drawdown Comparison

The maximum METW drawdown since its inception was -40.52%, which is greater than DRAM's maximum drawdown of -35.16%. Use the drawdown chart below to compare losses from any high point for METW and DRAM.

Drawdown Indicators

	METW	DRAM	Difference
Max Drawdown Largest peak-to-trough decline	-40.52%	-35.16%	-5.36%
Max Drawdown (1Y) Largest decline over 1 year	-40.52%	—	—
Current Drawdown Current decline from peak	-22.47%	-35.16%	+12.69%
Average Drawdown Average peak-to-trough decline	-18.77%	-6.83%	-11.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.42%	—	—

Volatility

Volatility by Period

	METW	DRAM	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.87%	—	—
Volatility (6M) Calculated over the trailing 6-month period	37.21%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	46.05%	97.73%	-51.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.04%	97.73%	-52.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.04%	97.73%	-52.69%

METW vs. DRAM - Expense Ratio Comparison

METW has a 0.59% expense ratio, which is lower than DRAM's 0.65% expense ratio.

Dividends

METW vs. DRAM - Dividend Comparison

METW's dividend yield for the trailing twelve months is around 53.86%, while DRAM has not paid dividends to shareholders.

Position	TTM	2025
DRAM Roundhill Memory ETF	0.00%	0.00%
METW Roundhill Meta Weeklypay ETF	53.86%	30.89%

Frequently Asked Questions

Can I hold both METW and DRAM in my portfolio?

METW and DRAM have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, METW or DRAM?

On fees, METW is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, METW or DRAM?

METW is cheaper with a 0.59% expense ratio, compared with 0.65% for DRAM.

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

METW has the higher dividend yield at 53.86%, compared with 0.00% for DRAM.

What is the main difference between METW and DRAM?

Their fees differ too: 0.59% for METW and 0.65% for DRAM.