WEED vs. DRAM

Last updated Jun 23, 2026

WEED (Roundhill Cannabis ETF) and DRAM (Roundhill Memory ETF) are both exchange-traded funds - WEED is a Cannabis fund actively managed by Roundhill, while DRAM is a Technology Equities fund actively managed by Roundhill. Both are actively managed. At a 0.27 correlation, their price movements are largely independent. WEED charges 0.40%/yr vs 0.65%/yr for DRAM.

Performance

WEED vs. DRAM - Performance Comparison

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

Returns By Period

WEED

• 1D: -5.54%
• 1M: 3.43%
• YTD: 1.75%
• 6M: 5.21%
• 1Y: 121.95%
• 3Y*: -3.49%
• 5Y*: —
• 10Y*: —

DRAM

• 1D: 5.23%
• 1M: 52.82%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WEED vs. DRAM - Yearly Performance Comparison

	2026 (YTD)
WEED Roundhill Cannabis ETF	28.82%
DRAM Roundhill Memory ETF	198.96%

Correlation

The correlation between WEED and DRAM is 0.27, 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 2, 2026	0.27

WEED vs. DRAM - Sectors Allocation Comparison

Sectors	WEED	DRAM
Healthcare	60.0%	-
Consumer Defensive	17.3%	-
Real Estate	16.3%	-
Technology	6.3%	100.0%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Energy	-	-
Financial Services	-	-
Industrials	-	-
Utilities	-	-

Return for Risk

WEED vs. DRAM — Risk / Return Rank

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

WEED

WEED Risk / Return Rank: 39
WEED Sharpe Ratio Rank: 31
WEED Sortino Ratio Rank: 47
WEED Omega Ratio Rank: 42
WEED Calmar Ratio Rank: 47
WEED Martin Ratio Rank: 30

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.

WEED vs. DRAM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Cannabis ETF (WEED) 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.

	WEED	DRAM	Difference
Sharpe ratio: Return per unit of total volatility	1.08	—	—
Sortino ratio: Return per unit of downside risk	2.26	—	—
Omega ratio: Gain probability vs. loss probability	1.27	—	—
Calmar ratio: Return relative to maximum drawdown	2.27	—	—
Martin ratio: Return relative to average drawdown	4.20	—	—

Drawdowns

WEED vs. DRAM - Drawdown Comparison

The maximum WEED drawdown since its inception was -88.37%, which is greater than DRAM's maximum drawdown of -19.97%. Use the drawdown chart below to compare losses from any high point for WEED and DRAM.

Drawdown Indicators

	WEED	DRAM	Difference
Max Drawdown Largest peak-to-trough decline	-88.37%	-19.97%	-68.40%
Max Drawdown (1Y) Largest decline over 1 year	-54.01%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-81.50%	—	—
Current Drawdown Current decline from peak	-73.81%	0.00%	-73.81%
Average Drawdown Average peak-to-trough decline	-63.67%	-2.89%	-60.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	29.15%	—	—

Volatility

Volatility by Period

	WEED	DRAM	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.13%	—	—
Volatility (6M) Calculated over the trailing 6-month period	65.25%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	113.63%	87.28%	+26.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	82.52%	87.28%	-4.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	82.52%	87.28%	-4.76%

WEED vs. DRAM - Expense Ratio Comparison

WEED has a 0.40% expense ratio, which is lower than DRAM's 0.65% expense ratio.

Dividends

WEED vs. DRAM - Dividend Comparison

Neither WEED nor DRAM has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both WEED and DRAM in my portfolio?

WEED and DRAM have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WEED or DRAM?

On fees, WEED is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WEED or DRAM?

WEED is cheaper with a 0.40% expense ratio, compared with 0.65% for DRAM.

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

WEED and DRAM have nearly identical dividend yields, around 0.00%.

What is the main difference between WEED and DRAM?

WEED is categorized as Cannabis, while DRAM is Technology Equities. Their fees differ too: 0.40% for WEED and 0.65% for DRAM.