MSFW vs. DRAM

Last updated Jul 17, 2026

MSFW (Roundhill MSFT WeeklyPay™ ETF) and DRAM (Roundhill Memory ETF) are both exchange-traded funds - MSFW is a Derivative Income fund actively managed by Roundhill, while DRAM is a Technology Equities fund actively managed by Roundhill. Both are actively managed. At a correlation of -0.18, they often move in opposite directions. MSFW charges 0.99%/yr vs 0.65%/yr for DRAM.

Performance

MSFW vs. DRAM - Performance Comparison

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

Returns By Period

MSFW

• 1D: 1.71%
• 1M: 1.75%
• 6M: -15.87%
• YTD: -21.45%
• 1Y: —
• 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)

MSFW vs. DRAM - Yearly Performance Comparison

	2026 (YTD)
MSFW Roundhill MSFT WeeklyPay™ ETF	9.01%
DRAM Roundhill Memory ETF	93.85%

Correlation

The correlation between MSFW and DRAM is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 2, 2026	-0.18

MSFW vs. DRAM - Sectors Allocation Comparison

Sectors	MSFW	DRAM
Technology	32.7%	58.3%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-2.3%
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

MSFW vs. DRAM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill MSFT WeeklyPay™ ETF (MSFW) 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

MSFW vs. DRAM - Drawdown Comparison

The maximum MSFW drawdown since its inception was -41.85%, which is greater than DRAM's maximum drawdown of -35.16%. Use the drawdown chart below to compare losses from any high point for MSFW and DRAM.

Drawdown Indicators

	MSFW	DRAM	Difference
Max Drawdown Largest peak-to-trough decline	-41.85%	-35.16%	-6.69%
Current Drawdown Current decline from peak	-32.08%	-35.16%	+3.08%
Average Drawdown Average peak-to-trough decline	-19.41%	-6.83%	-12.58%

Volatility

Volatility by Period

	MSFW	DRAM	Difference
Volatility (1Y) Calculated over the trailing 1-year period	33.58%	97.73%	-64.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.58%	97.73%	-64.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.58%	97.73%	-64.15%

MSFW vs. DRAM - Expense Ratio Comparison

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

Dividends

MSFW vs. DRAM - Dividend Comparison

MSFW's dividend yield for the trailing twelve months is around 48.07%, while DRAM has not paid dividends to shareholders.

Position	TTM	2025
DRAM Roundhill Memory ETF	0.00%	0.00%
MSFW Roundhill MSFT WeeklyPay™ ETF	48.07%	20.25%

Frequently Asked Questions

Can I hold both MSFW and DRAM in my portfolio?

MSFW and DRAM have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MSFW 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, MSFW or DRAM?

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

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

MSFW has the higher dividend yield at 48.07%, compared with 0.00% for DRAM.

What is the main difference between MSFW and DRAM?

MSFW is categorized as Derivative Income, while DRAM is Technology Equities. Their fees differ too: 0.99% for MSFW and 0.65% for DRAM.