TSLW vs. DRAM

Last updated Jun 4, 2026

TSLW (Roundhill TSLA WeeklyPay™ ETF) and DRAM (Roundhill Memory ETF) are both exchange-traded funds - TSLW 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 0.29 correlation, their price movements are largely independent. TSLW charges 0.99%/yr vs 0.65%/yr for DRAM.

Performance

TSLW vs. DRAM - Performance Comparison

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

Returns By Period

TSLW

• 1D: -0.18%
• 1M: 9.09%
• YTD: -9.26%
• 6M: -9.14%
• 1Y: 20.22%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DRAM

• 1D: 0.20%
• 1M: 64.14%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSLW vs. DRAM - Yearly Performance Comparison

	2026 (YTD)
TSLW Roundhill TSLA WeeklyPay™ ETF	20.05%
DRAM Roundhill Memory ETF	151.12%

Correlation

The correlation between TSLW and DRAM is 0.29, 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 6, 2026	0.29

Return for Risk

TSLW vs. DRAM — Risk / Return Rank

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

TSLW

TSLW Risk / Return Rank: 15
TSLW Sharpe Ratio Rank: 14
TSLW Sortino Ratio Rank: 17
TSLW Omega Ratio Rank: 17
TSLW Calmar Ratio Rank: 16
TSLW Martin Ratio Rank: 15

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.

TSLW vs. DRAM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill TSLA WeeklyPay™ ETF (TSLW) 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.

	TSLW	DRAM	Difference
Sharpe ratio: Return per unit of total volatility	0.37	—	—
Sortino ratio: Return per unit of downside risk	0.87	—	—
Omega ratio: Gain probability vs. loss probability	1.11	—	—
Calmar ratio: Return relative to maximum drawdown	0.57	—	—
Martin ratio: Return relative to average drawdown	1.29	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	TSLW	DRAM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.37	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	341.95	-341.57

Drawdowns

TSLW vs. DRAM - Drawdown Comparison

The maximum TSLW drawdown since its inception was -35.80%, which is greater than DRAM's maximum drawdown of -10.46%. Use the drawdown chart below to compare losses from any high point for TSLW and DRAM.

Drawdown Indicators

	TSLW	DRAM	Difference
Max Drawdown Largest peak-to-trough decline	-35.80%	-10.46%	-25.34%
Max Drawdown (1Y) Largest decline over 1 year	-35.80%	—	—
Current Drawdown Current decline from peak	-18.23%	0.00%	-18.23%
Average Drawdown Average peak-to-trough decline	-12.88%	-1.64%	-11.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.77%	—	—

Volatility

Volatility by Period

	TSLW	DRAM	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.56%	—	—
Volatility (6M) Calculated over the trailing 6-month period	32.83%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	55.52%	73.92%	-18.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.52%	73.92%	-18.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.52%	73.92%	-18.40%

TSLW vs. DRAM - Expense Ratio Comparison

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

Dividends

TSLW vs. DRAM - Dividend Comparison

TSLW's dividend yield for the trailing twelve months is around 84.61%, while DRAM has not paid dividends to shareholders.

Position	TTM	2025
DRAM Roundhill Memory ETF	0.00%	0.00%
TSLW Roundhill TSLA WeeklyPay™ ETF	84.61%	49.31%

Frequently Asked Questions

Can I hold both TSLW and DRAM in my portfolio?

TSLW and DRAM have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TSLW 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, TSLW or DRAM?

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

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

TSLW has the higher dividend yield at 84.61%, compared with 0.00% for DRAM.

What is the main difference between TSLW and DRAM?

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