{"url":"https://etfiq.com/compare/leverage/ram-vs-raml","section":"compare","title":"RAM vs RAML: which held to its multiple? | ETFIQ","description":"RAM sets out to return +2 times DRAM each day and RAML +2 times. Over the month to Sep 30, 2026 they finished \u22123.4 pts and \u22123.8 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, RAM or RAML?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, RAM finished 15.4 points from what its multiple implies and RAML finished 3.8 points from its own, so RAML came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are RAM and RAML levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Roundhill Memory ETF, RAM at +2 times and RAML at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, RAM or RAML?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window RAM\u2019s moved at 80% annualized and RAML\u2019s at 52%, so RAM has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold RAM or RAML for a year?","acceptedAnswer":{"@type":"Answer","text":"Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, RAM or RAML?","acceptedAnswer":{"@type":"Answer","text":"RAM charges 0.99% a year and RAML charges 0.99%, so RAM is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"RAM vs RAML","item":"https://etfiq.com/compare/leverage/ram-vs-raml"}]},{"@type":"WebPage","name":"RAM vs RAML: which held to its multiple?","description":"RAM sets out to return +2 times DRAM each day and RAML +2 times. Over the month to Sep 30, 2026 they finished \u22123.4 pts and \u22123.8 pts away.","url":"https://etfiq.com/compare/leverage/ram-vs-raml","dateModified":"2026-09-30","abstract":"Over the days both have traded, RAM finished 3.4 points from its stated multiple and RAML 3.8.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of RAM and RAML","description":"RAM sets out to return +2 times DRAM each day and RAML +2 times. Over the month to Sep 30, 2026 they finished \u22123.4 pts and \u22123.8 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/ram-vs-raml","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":6165,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / RAM vs RAML \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n RAM vs RAML: which held to its multiple?\n\n Over the days both have traded, RAM finished 3.4 points from its stated multiple and RAML 3.8.\n Copy this for sharing \n \n Roundhill Daily 2X Long Memory ETF and Leverage Shares 2X Long Memory Daily ETF.\n\n Download as PDF \n\n \u221232.1% RAM returned, 3 months \n \u22126.4% RAML returned, since launch \n \u221215.4 pts RAM from its stated multiple \n \u221213.4 pts RAML from its stated multiple \n\n RAM 15.4 pts short of its stated multiple \u00b7 3 months to S","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/ram-vs-raml","a":{"ticker":"RAM","name":"Roundhill Daily 2X Long Memory ETF","issuer":"Roundhill","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: RAM returned \u221232.1% where its own daily promise gave \u221228.5%, 3.6 points short.","url":"https://etfiq.com/funds/ram","key_facts":[{"label":"What DRAM did","value":"\u22128.3%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221228.5%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221232.1%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22123.6 pts","as_of":"2026-09-30","source":null},{"label":"Expense ratio","value":"0.99%","as_of":"2026-09-30","source":"485BPOS XBRL, Apr 30, 2026"},{"label":"Underlying","value":"DRAM","as_of":"2026-09-30","source":null}]},"b":{"ticker":"RAML","name":"Leverage Shares 2X Long Memory Daily ETF","issuer":"Leverage Shares","desk":"leverage","as_of":"2026-09-30","verdict":"One month to Sep 30, 2026: RAML returned +8.3% where its own daily promise gave +9.9%, 1.6 points short.","url":"https://etfiq.com/funds/raml","key_facts":[{"label":"What DRAM did","value":"+6.1%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"+9.9%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+8.3%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22121.6 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$2m","as_of":"2026-09-30","source":"issuer page, as of Sep 29, 2026"},{"label":"Expense ratio","value":"0.99%","as_of":"2026-09-30","source":"485BPOS XBRL, Jul 21, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/ram-vs-raml"}