TCAI vs. DRAM

Last updated Jun 9, 2026

TCAI (Tortoise AI Infrastructure ETF) and DRAM (Roundhill Memory ETF) are both Technology Equities funds. Both are actively managed. A 0.74 correlation means they provide meaningful diversification when combined. Both charge a 0.65% expense ratio.

Performance

TCAI vs. DRAM - Performance Comparison

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

Returns By Period

TCAI

• 1D: 1.87%
• 1M: 6.30%
• YTD: 74.50%
• 6M: 65.04%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DRAM

• 1D: 8.48%
• 1M: 14.62%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TCAI vs. DRAM - Yearly Performance Comparison

	2026 (YTD)
TCAI Tortoise AI Infrastructure ETF	44.16%
DRAM Roundhill Memory ETF	124.15%

Correlation

The correlation between TCAI and DRAM is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

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

TCAI vs. DRAM - Sectors Allocation Comparison

Sectors	TCAI	DRAM
Technology	44.0%	100.0%
Industrials	29.9%	-
Utilities	11.1%	-
Financial Services	6.4%	-
Energy	6.1%	-
Consumer Cyclical	1.4%	-
Communication Services	1.1%	-
Real Estate	0.6%	-
Basic Materials	-	-
Consumer Defensive	-	-
Healthcare	-	-

Return for Risk

TCAI vs. DRAM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tortoise AI Infrastructure ETF (TCAI) 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.

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

Sharpe Ratios by Period

	TCAI	DRAM	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	3.72	91.43	-87.71

Drawdowns

TCAI vs. DRAM - Drawdown Comparison

The maximum TCAI drawdown since its inception was -15.80%, smaller than the maximum DRAM drawdown of -19.97%. Use the drawdown chart below to compare losses from any high point for TCAI and DRAM.

Drawdown Indicators

	TCAI	DRAM	Difference
Max Drawdown Largest peak-to-trough decline	-15.80%	-19.97%	+4.17%
Current Drawdown Current decline from peak	-8.22%	-13.18%	+4.96%
Average Drawdown Average peak-to-trough decline	-3.48%	-2.40%	-1.08%

Volatility

Volatility by Period

	TCAI	DRAM	Difference
Volatility (1Y) Calculated over the trailing 1-year period	36.74%	85.85%	-49.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.74%	85.85%	-49.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.74%	85.85%	-49.11%

TCAI vs. DRAM - Expense Ratio Comparison

Both TCAI and DRAM have an expense ratio of 0.65%.

Dividends

TCAI vs. DRAM - Dividend Comparison

TCAI's dividend yield for the trailing twelve months is around 0.03%, while DRAM has not paid dividends to shareholders.

Position	TTM	2025
DRAM Roundhill Memory ETF	0.00%	0.00%
TCAI Tortoise AI Infrastructure ETF	0.03%	0.05%

Frequently Asked Questions

Can I hold both TCAI and DRAM in my portfolio?

TCAI 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, TCAI or DRAM?

Both ETFs have the same 0.65% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TCAI or DRAM?

TCAI and DRAM have the same expense ratio: 0.65% per year.

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

TCAI has the higher dividend yield at 0.03%, compared with 0.00% for DRAM.

What is the main difference between TCAI and DRAM?

They also come from different issuers: Tortoise and Roundhill.