SOXX vs. DRAM

Last updated Aug 5, 2026

SOXX (iShares Semiconductor ETF) and DRAM (Roundhill Memory ETF) are both exchange-traded funds - SOXX is a Semiconductors fund tracking the NYSE Semiconductor Index, while DRAM is a Technology Equities fund actively managed by Roundhill. SOXX is passively managed, while DRAM is actively managed. Their correlation of 0.84 means they have usually moved in the same direction. SOXX charges 0.34%/yr vs 0.65%/yr for DRAM.

Performance

SOXX vs. DRAM - Performance Comparison

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

Returns By Period

SOXX

• 1D: 6.80%
• 1M: -4.26%
• 6M: 57.04%
• YTD: 80.24%
• 1Y: 126.60%
• 3Y*: 47.89%
• 5Y*: 29.31%
• 10Y*: 32.83%
• ALL TIME*: 14.15%

DRAM

• 1D: 7.35%
• 1M: -9.47%
• 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	$4.17B	$4.40B	$3.59B
SOXX iShares Semiconductor ETF	$6.23B	$5.65B	$5.90B

SOXX vs. DRAM - Yearly Performance Comparison

	2026 (YTD)
SOXX iShares Semiconductor ETF	60.24%
DRAM Roundhill Memory ETF	103.30%

Correlation

The correlation between SOXX and DRAM is 0.84, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 2, 2026	0.84

SOXX vs. DRAM - Sectors Allocation Comparison

Sectors	SOXX	DRAM
Technology	100.0%	100.0%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-2.3%
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

SOXX vs. DRAM — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SOXX

SOXX Risk / Return Rank: 90
SOXX Sharpe Ratio Rank: 94
SOXX Sortino Ratio Rank: 85
SOXX Omega Ratio Rank: 87
SOXX Calmar Ratio Rank: 91
SOXX Martin Ratio Rank: 93

DRAM

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SOXX vs. DRAM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Semiconductor ETF (SOXX) 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.

	SOXX	DRAM	Difference
Sharpe ratio: Return per unit of total volatility	2.84	—	—
Sortino ratio: Return per unit of downside risk	3.07	—	—
Omega ratio: Gain probability vs. loss probability	1.42	—	—
Calmar ratio: Return relative to maximum drawdown	4.39	—	—
Martin ratio: Return relative to average drawdown	17.88	—	—

Drawdowns

SOXX vs. DRAM - Drawdown Comparison

The maximum SOXX drawdown since its inception was -70.21%, which is greater than DRAM's maximum drawdown of -44.44%. Use the drawdown chart below to compare losses from any high point for SOXX and DRAM.

Drawdown Indicators

	SOXX	DRAM	Difference
Max Drawdown Largest peak-to-trough decline	-70.21%	-44.44%	-25.77%
Max Drawdown (1Y) Largest decline over 1 year	-29.01%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-41.36%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-45.75%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-45.75%	—	—
Current Drawdown Current decline from peak	-17.22%	-32.00%	+14.78%
Average Drawdown Average peak-to-trough decline	-19.92%	-11.06%	-8.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.11%	—	—

Volatility

Volatility by Period

	SOXX	DRAM	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.28%	—	—
Volatility (6M) Calculated over the trailing 6-month period	39.14%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	44.78%	100.36%	-55.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.37%	100.36%	-61.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.61%	100.36%	-65.75%

SOXX vs. DRAM - Expense Ratio Comparison

SOXX has a 0.34% expense ratio, which is lower than DRAM's 0.65% expense ratio.

Dividends

SOXX vs. DRAM - Dividend Comparison

SOXX's dividend yield for the trailing twelve months is around 0.27%, while DRAM has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DRAM Roundhill Memory ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SOXX iShares Semiconductor ETF	0.27%	0.57%	0.67%	0.78%	1.26%	0.64%	0.81%	1.23%	1.37%	0.90%	1.08%	1.29%

Frequently Asked Questions

Can I hold both SOXX and DRAM in my portfolio?

SOXX and DRAM have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SOXX or DRAM?

On fees, SOXX is cheaper at 0.34% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SOXX or DRAM?

SOXX is cheaper with a 0.34% expense ratio, compared with 0.65% for DRAM.

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

SOXX has the higher dividend yield at 0.27%, compared with 0.00% for DRAM.

What is the main difference between SOXX and DRAM?

SOXX is categorized as Semiconductors, while DRAM is Technology Equities. They also come from different issuers: iShares and Roundhill. Their fees differ too: 0.34% for SOXX and 0.65% for DRAM.