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.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
Invesco is a major ETF provider known for offering a comprehensive lineup spanning multiple asset classes and investment strategies. The company specializes in income-focused products including dividend, covered call, and bond strategies, while also maintaining broad exposure across equity, factor-based, thematic, and ESG investing themes. Invesco's portfolio ranges from index-tracking funds to alternatives and specialized offerings like digital assets and BulletShares, making it one of the more expansive ETF families available to investors.
See our curated list of related YouTube videos on PSI.
— 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 PSI if you want higher current income (0.04% while DRAM makes no distribution).
Most used
Income calculator
See how much monthly income a hypothetical investment would generate in each ETF at current yields.
Want to go deeper?
Add these ETFs to a sample portfolio and forecast your dividend income over 5+ years — no signup required.
Projections assume the current yield and share price remain constant. Actual results will vary.
Total returns
PSI has been the steadier holding, though — annualized volatility of 64.1% against 96.9% for DRAM. Figures are total returns: price change plus every distribution reinvested.
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 PSI (Invesco Semiconductors ETF) are both ETFs, but they take different approaches.
PSI currently shows a 0.04% distribution yield. DRAM has not yet established a full distribution history, so a comparable yield figure is not available.
PSI is cheaper with an expense ratio of 0.57% compared to 0.65%.
Still deciding? Track DRAM & PSI for free
Create a free Dividend Vision account to keep them on a watchlist, get notified when they declare dividends, and see how much income they would add to your portfolio.
On a $10,000 investment, DRAM has no reported distribution yield yet, so a monthly income estimate is not available, while PSI would produce $0.33/month, at current distribution rates.
DRAM yield—
PSI yield0.04%
Cost & efficiency
Over 10 years on $10,000, DRAM would cost approximately $650 in fees vs $570 for PSI (simplified, not compounded). The $80.00 difference may be offset by yield or performance.
DRAM ER0.65%
PSI ER0.57%
Strategy & risk
DRAM is an ETF, while PSI is an ETF.
DRAM beta—
PSI beta2.26
Fund details
DRAM is managed by Roundhill Investments (launched 04/02/2026) with $23.4B in assets. PSI is managed by Invesco (launched 06/23/2005) with $2.40B in assets.
Do us a favor — if you found this comparison useful, please share it with a friend researching dividend ETFs.
Frequently asked questions
Which of DRAM or PSI pays more dividend income?
PSI 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 PSI?
DRAM (Roundhill Memory ETF) is an ETF, while PSI (Invesco Semiconductors ETF) is an ETF. They are issued by Roundhill Investments and Invesco respectively.
Can I hold both DRAM and PSI?
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 PSI?
DRAM has an expense ratio of 0.65% while PSI charges 0.57%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in DRAM vs PSI generate?
At current rates, DRAM has not established a distribution history yet, so a monthly income estimate is not available. The same in PSI would produce about $0.33 per month ($4.00 annually).
Which has performed better historically, DRAM or PSI?
PSI has been the steadier holding, though — annualized volatility of 64.1% against 96.9% for DRAM. Figures are total returns: price change plus every distribution reinvested. Past performance does not guarantee future results.
Explore related screeners
Lateral filters that include these funds — browse the full peer set on DividendVision.
Still deciding? Compare them against your own portfolio
See how each ETF fits alongside your real holdings — forecast future income, analyze overlap, and gauge risk. Start a free 7-day Dividend Vision trial and make the call with your full portfolio in view.
