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ETF Comparison

DRAM vs FTXL: Which Is the Better Pick in 2026?

A head-to-head comparison of Roundhill Memory ETF and First Trust Nasdaq Semiconductor ETF covering yield, cost, risk, and income potential.

Data updated July 23, 2026

ETFs53
Total AUM$34.0B

ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.

Roundhill Investments is known for offering specialized ETFs that focus on income generation and thematic investing strategies. The firm operates 42 funds across five distinct families—Core, HALO, Income, Thematic, and WeeklyPay—with a particular emphasis on covered call strategies and weekly distribution products designed to generate regular cash flows. Notable offerings include ticker symbols like AAPW, AMDW, and AMZW (which employ covered call strategies on major technology stocks), along with thematic funds covering areas such as artificial intelligence (CHAT), cryptocurrency mining (DRAM), and other innovative sectors.

See our curated list of related YouTube videos on DRAM.

ETFs304
Total AUM$281B

ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.

First Trust operates a broad multi-strategy ETF platform with 50 funds spanning allocation, income, alternatives, and thematic investing. The issuer focuses heavily on specialized income strategies, including dividend funds, covered call strategies (Buffer series), and sector-specific income plays, alongside factor-based and alternative investments. Notable tickers like FDN (tech), FAN (clean energy), and the Buffer series (BUFD, BUFQ, BUFR) reflect the issuer's emphasis on income generation and downside protection strategies across diverse market segments.

See our curated list of related YouTube videos on FTXL.

Side-by-side snapshot

DRAMFTXL
Full nameRoundhill Memory ETFFirst Trust Nasdaq Semiconductor ETF
IssuerRoundhill InvestmentsFirst Trust
Last Close$58.30 as of July 23, 2026$240.09 as of July 23, 2026
Distribution yield0.06%
Distribution Safety Score™ 53
Expense ratio0.65%0.60%
AUM$23.4B$2.20B
Distribution frequencyNoneQuarterly
Underlying index
ObjectiveGrowth
Asset classEquityEquity
Inception date04/02/202609/20/2016
Beta2.3
Last dividend$0.0360
Ex-dividend date06/25/2026

— Distribution yield, last dividend, and ex-dividend date are not yet available because DRAM launched April 2026; these fields will populate after the first distribution.

Bottom lineChoose DRAM if you want broad equity exposure. Choose FTXL if you want higher current income (0.06% while DRAM makes no distribution).

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Visual comparison

Key metrics

Projected income on $10K

Projections assume the current yield and share price remain constant. Actual results will vary.

Total returns

FTXL has been the steadier holding, though — annualized volatility of 60.3% against 96.9% for DRAM. Figures are total returns: price change plus every distribution reinvested.

SymbolYTDSince Apr 2026Volatility Sharpe Sortino Max drawdown
DRAM110.01%110.01%96.9%2.493.76-35.2%
FTXL76.59%56.77%60.3%2.403.46-23.7%

Total return with all distributions reinvested on the ex-dividend date, split-adjusted, as of July 23, 2026. YTD and 1Y are cumulative; longer windows are annualized. “Since Apr 2026” measures every fund from April 2, 2026 — the youngest fund's first trading day — so all funds share one comparison window. Volatility is the annualized standard deviation of daily total returns over the shared window since Apr 2026. Sharpe and Sortino divide the annualized return in excess of the risk-free rate by, respectively, that volatility and the downside deviation (both over the shared window since Apr 2026) — higher is better. Max drawdown is the largest peak-to-trough total-return decline over the same window — shallower is better.

Quick verdict

DRAM (Roundhill Memory ETF) and FTXL (First Trust Nasdaq Semiconductor ETF) are both ETFs, but they take different approaches.

FTXL currently shows a 0.06% distribution yield. DRAM has not yet established a full distribution history, so a comparable yield figure is not available.

FTXL is cheaper with an expense ratio of 0.60% compared to 0.65%.

Deep dive

Yield & income

On a $10,000 investment, DRAM has no reported distribution yield yet, so a monthly income estimate is not available, while FTXL would produce $0.50/month, at current distribution rates.

DRAM yield
FTXL yield0.06%

Cost & efficiency

Over 10 years on $10,000, DRAM would cost approximately $650 in fees vs $600 for FTXL (simplified, not compounded). The $50.00 difference may be offset by yield or performance.

DRAM ER0.65%
FTXL ER0.60%

Strategy & risk

DRAM is an ETF, while FTXL is an ETF.

DRAM beta
FTXL beta2.3

Fund details

DRAM is managed by Roundhill Investments (launched 04/02/2026) with $23.4B in assets. FTXL is managed by First Trust (launched 09/20/2016) with $2.20B in assets.

DRAM AUM$23.4B
FTXL AUM$2.20B

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Frequently asked questions

Which of DRAM or FTXL pays more dividend income?

FTXL currently reports a distribution yield, while DRAM has not yet established a full distribution history. A direct income comparison is not yet meaningful — check back once both funds have published several consecutive distributions.

What is the difference between DRAM and FTXL?

DRAM (Roundhill Memory ETF) is an ETF, while FTXL (First Trust Nasdaq Semiconductor ETF) is an ETF. They are issued by Roundhill Investments and First Trust respectively.

Can I hold both DRAM and FTXL?

Yes — nothing prevents holding both. Whether the combination actually diversifies depends on how much the underlying exposures overlap, which isn't fully measurable from the data on this page; review each security's holdings, sector, and strategy before treating them as complementary.

Which has lower fees, DRAM or FTXL?

DRAM has an expense ratio of 0.65% while FTXL charges 0.60%. Lower fees mean more of your investment returns stay in your pocket over time.

How much income does $10,000 in DRAM vs FTXL generate?

At current rates, DRAM has not established a distribution history yet, so a monthly income estimate is not available. The same in FTXL would produce about $0.50 per month ($6.00 annually).

Which has performed better historically, DRAM or FTXL?

FTXL has been the steadier holding, though — annualized volatility of 60.3% against 96.9% for DRAM. Figures are total returns: price change plus every distribution reinvested. Past performance does not guarantee future results.

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