XDIV vs. DRAM

Last updated Jun 4, 2026

XDIV (Roundhill S&P 500 No Dividend Target ETF) and DRAM (Roundhill Memory ETF) are both exchange-traded funds - XDIV is a S&P 500 fund actively managed by Roundhill, while DRAM is a Technology Equities fund actively managed by Roundhill. Both are actively managed. A 0.56 correlation means they provide meaningful diversification when combined. XDIV charges 0.09%/yr vs 0.65%/yr for DRAM.

Performance

XDIV vs. DRAM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill S&P 500 No Dividend Target ETF (XDIV) and Roundhill Memory ETF (DRAM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XDIV

• 1D: -0.67%
• 1M: 5.14%
• YTD: 10.63%
• 6M: 10.83%
• 1Y: —
• 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)

XDIV vs. DRAM - Yearly Performance Comparison

	2026 (YTD)
XDIV Roundhill S&P 500 No Dividend Target ETF	14.80%
DRAM Roundhill Memory ETF	151.12%

Correlation

The correlation between XDIV and DRAM is 0.56, 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 6, 2026	0.56

XDIV vs. DRAM - Sectors Allocation Comparison

Sectors	XDIV	DRAM
Technology	36.2%	100.0%
Financial Services	11.9%	-
Communication Services	10.9%	-
Consumer Cyclical	10.1%	-
Healthcare	8.4%	-
Industrials	8.1%	-
Consumer Defensive	4.9%	-
Energy	3.5%	-
Utilities	2.3%	-
Real Estate	1.9%	-
Basic Materials	1.8%	-

Return for Risk

XDIV vs. DRAM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill S&P 500 No Dividend Target ETF (XDIV) 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

	XDIV	DRAM	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.98	341.95	-339.97

Drawdowns

XDIV vs. DRAM - Drawdown Comparison

The maximum XDIV drawdown since its inception was -9.16%, smaller than the maximum DRAM drawdown of -10.46%. Use the drawdown chart below to compare losses from any high point for XDIV and DRAM.

Drawdown Indicators

	XDIV	DRAM	Difference
Max Drawdown Largest peak-to-trough decline	-9.16%	-10.46%	+1.30%
Current Drawdown Current decline from peak	-0.67%	0.00%	-0.67%
Average Drawdown Average peak-to-trough decline	-1.20%	-1.64%	+0.44%

Volatility

Volatility by Period

	XDIV	DRAM	Difference
Volatility (1Y) Calculated over the trailing 1-year period	12.31%	73.92%	-61.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.31%	73.92%	-61.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.31%	73.92%	-61.61%

XDIV vs. DRAM - Expense Ratio Comparison

XDIV has a 0.09% expense ratio, which is lower than DRAM's 0.65% expense ratio.

Dividends

XDIV vs. DRAM - Dividend Comparison

Neither XDIV nor DRAM has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XDIV and DRAM in my portfolio?

XDIV and DRAM have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XDIV or DRAM?

On fees, XDIV is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XDIV or DRAM?

XDIV is cheaper with a 0.09% expense ratio, compared with 0.65% for DRAM.

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

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

What is the main difference between XDIV and DRAM?

XDIV is categorized as S&P 500, while DRAM is Technology Equities. Their fees differ too: 0.09% for XDIV and 0.65% for DRAM.