Data as of Oct 28, 2026.
DRAM vs QQQM: Differences, Returns & Fees
DRAM and QQQM are measured over different days, and QQQM charges 0.15% to DRAM's 0.65%.
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Net assets: $20.6bn on Oct 28, 2026 for Roundhill Memory ETF, and $110.4bn on Oct 27, 2026 for Invesco NASDAQ 100 ETF.
Pair scorecard
QQQM costs 0.50 points a year less; QQQM is 5.8 times larger.
| Measure | DRAM | QQQM |
|---|---|---|
| Return | ||
| Total return, 1 year | not published | +15.2% |
| Drawdown | ||
| Below its all-time high | 33.0%, high on Jun 22, 2026 | |
| Below its high | 4.5%, high on Oct 6, 2026 | |
| Benchmark | ||
| What it tracks | Memory and storage | Nasdaq-100 Index |
| Cost and size | ||
| Expense ratio | 0.65% | 0.15% |
| Net assets, as of Oct 27, 2026 | $19.2bn | $110.4bn |
| Active share vs the S&P 500 | 97% | |
| Holdings | ||
| Holdings in common | 4% | |
| Top ten holdings, share of the fund | 56% | 46.7% |
Holdings in common uses holdings dated Jun 30, 2026 and Oct 27, 2026. Method
Risk and return
Apr 10, 2026 to Oct 23, 2026 · 28 weekly returnsDRAM returned more: +45.1% to +15.5%. QQQM fell less at its worst: −7.4% to −39.4%.
Full scorecard
3 measures, with how each is measured Open ↓
| Measure | DRAM | QQQM | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +45.1% | +15.5% | DRAM | Price change plus distributions, reinvested. |
| Price return | +45.1% | +15.3% | DRAM | Price change alone, distributions left out. |
| Risk | ||||
| Max drawdown | −39.4% | −7.4% | QQQM | Deepest fall from a high to the low after it. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 28 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, DRAM and QQQM hold 4% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 27, 2026.
half
4% in common
Only in one fund ↓
Side by side
DRAM and QQQM on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
No client brief for this pair: ETFIQ prints no one-year total return for DRAM; the two funds' holdings are dated 119 days apart.
DRAM
By weight, 16% of DRAM's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 97%. The top ten holdings are 56% of the fund across 12 positions, as filed for Jun 30, 2026. Since it first traded on Apr 2, 2026 the fund returned +95.0% with distributions reinvested. It sits 33.0% below its all-time high of Jun 22, 2026.
QQQM
QQQM tracks the Nasdaq-100. Over the year to Oct 28, 2026 it returned +15.2% with distributions reinvested, against +15.2% for its benchmark, the Nasdaq-100 Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 105 positions, with the top ten at 46.7%. It sat 4.5% below its high of Oct 6, 2026 on Oct 28, 2026.
Questions people ask
- Are DRAM and QQQM in the same category?
- DRAM is a thematic ETF and QQQM is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
- Which is cheaper, DRAM or QQQM?
- QQQM is cheaper, by 0.50 percentage points a year. That is about $50 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, DRAM against QQQM, data as of Oct 28, 2026. https://etfiq.com/compare/any/dram-vs-qqqm
ETFIQ. (Oct 28, 2026). DRAM against QQQM. Retrieved from https://etfiq.com/compare/any/dram-vs-qqqm
[DRAM against QQQM (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/dram-vs-qqqm)
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