Do AIRR and DRAM hold the same stocks?

By their latest filings, 0% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, AIRR or DRAM?

AIRR has 15% of its weight in S&P 500 names and DRAM has 16%, so AIRR differs more from the index.

Which is cheaper, AIRR or DRAM?

AIRR charges 0.69% a year and DRAM charges 0.65%, so DRAM is cheaper. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Thematic ETFs

AIRR vs DRAM: Holdings Overlap & Returns

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AIRR and DRAM hold 0% of their weight in the same names.

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Net assets: $8.4bn on Oct 27, 2026 for First Trust RBA American Industrial Renaissance ETF, and $20.6bn on Oct 28, 2026 for Roundhill Memory ETF.

AIRR on its own →DRAM on its own →

At a glance

14.7%

AIRR in the S&P 500

15.7%

DRAM in the S&P 500

−0.2%

AIRR total return, 1 year

+95.0%

DRAM total return, since launch, Apr 2, 2026

AIRR · 1 year to Oct 28, 2026 85% of its weight is outside the S&P 500

15% of AIRR's weight is in S&P 500 companies and 85% is outside the index. Holdings as of Oct 27, 2026.

DRAM · 6 months to Oct 28, 2026 84% of its weight is outside the S&P 500

16% of DRAM's weight is in S&P 500 companies and 84% is outside the index. Holdings as of Jun 30, 2026.

Pair scorecard

DRAM costs 0.04 points a year less; DRAM is 2.3 times larger.

Points (pts) are percentage points.

AIRR vs DRAM: Holdings Overlap & Returns
Measure	AIRR	DRAM
Return
Measure	AIRR	DRAM
Total return, 1 year	−0.2%	not published
Drawdown
Measure	AIRR	DRAM
Below its all-time high	25.5%, high on Jun 22, 2026	33.0%, high on Jun 22, 2026
Against its benchmark
Measure	AIRR	DRAM
What it tracks	Reshoring and manufacturing	Memory and storage
Against the S&P 500, 1 year	behind by 13.9 pts
Its benchmark, total return, 1 year	+13.7%
Against its benchmark, 1 year	behind by 13.9 pts
Cost and size
Measure	AIRR	DRAM
Expense ratio	0.69%	0.65%
Net assets, as of Oct 27, 2026	$8.4bn	$19.2bn
Holdings
Measure	AIRR	DRAM
Holdings in common	0%

Holdings in common uses holdings dated Jun 30, 2026 and Oct 27, 2026. Method

What they share

By the books each fund has filed, AIRR and DRAM hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first AIRR DRAM

Only in one fund ↓

Only in AIRR

C.H. Robinson Worldwide, Inc. 3.83%

Karman Holdings Inc. 3.51%

Kratos Defense & Security Solutions, Inc. 3.47%

BWX Technologies, Inc. 3.33%

Herc Holdings, Inc. 3.30%

Owens Corning 3.20%

RBC Bearings Incorporated 3.19%

Dycom Industries, Inc. 3.13%

Only in DRAM

SK hynix Inc 15.89%

Samsung Electronics Co Ltd 14.37%

Sandisk Corp 5.21%

Kioxia Holdings Corp 4.36%

Western Digital Corp 4.30%

Seagate Technology Holdings PL 4.19%

GigaDevice Semiconductor Inc 3.07%

Micron Technology Inc 2.03%

Check overlap with more funds →

Window by window

Window by window: AIRR vs DRAM: Holdings Overlap & Returns
	Total return		vs its benchmark
Window	AIRR	DRAM	AIRR	DRAM
3 months	−10.0%	+20.7%	−16.1 pts vs VOO	not measured
6 months	−18.4%	+41.6%	−27.5 pts vs VOO	not measured
1 year	−0.2%	–	−13.9 pts vs VOO	–
3 years	+112.5%	–	+17.0 pts vs VOO	–
Since launchNot the same days: AIRR Mar 2014 · DRAM Apr 2026	+418.8%	+95.0%	+4.1 pts vs VOO	not measured

– means no data for this window. Open this comparison in the app →

Side by side

AIRR First Trust RBA American Industrial Renaissance ETF · Holds 55 stocks in reshoring and manufacturing, 15% of its weight in S&P 500 companies DRAM Roundhill Memory ETF · Holds 12 stocks in memory and storage, 16% of its weight in S&P 500 companies

Issuer First Trust Roundhill

Theme Reshoring and manufacturing Memory and storage

In the S&P 500 14.7% 15.7%

Active share vs the S&P 500 99.8% 96.8%

In the Nasdaq-100 not published 15.7%

Holdings 55 12

Top ten, share of the fund 33.2% 56.4%

Expense ratio 0.69% 0.65%

Fee for the differing part 0.69% 0.67%

Total return, 1 year −0.2% +95.0% (since launch, Apr 2, 2026)

vs its benchmark −13.9 pts vs VOO not measured

Below its high −25.5% −33.0%

Net assets, AIRR as of Oct 27, 2026 and DRAM as of Oct 28, 2026 $8.4bn $20.6bn

As of Oct 28, 2026. Source: ETFIQ.

0% of the two portfolios are the same securities at the same weight.

Alert

About each fund

AIRR

By weight, 15% of AIRR's portfolio is stocks that are also in the S&P 500, from its filing for Jun 30, 2026; its active share against the S&P 500 is 100%. The top ten holdings are 33% of the fund across 55 positions, as published by its issuer for Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned −0.2% with distributions reinvested against +13.7% for its benchmark, the S&P 500 Index, so a holder was behind by 13.9 pts. It sits 25.5% below its all-time high of Jun 22, 2026.

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.

Questions people ask

Do AIRR and DRAM hold the same stocks?: By their latest filings, 0% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, AIRR or DRAM?: AIRR has 15% of its weight in S&P 500 names and DRAM has 16%, so AIRR differs more from the index.
Which is cheaper, AIRR or DRAM?: AIRR charges 0.69% a year and DRAM charges 0.65%, so DRAM is cheaper. Fees come from each fund's prospectus.

Other comparisons

AIRR vs SUPP AIRR vs KMCA AIRR vs PIEL AIRR vs CIBR DRAM vs GDXJ DRAM vs PPA DRAM vs COPX DRAM vs ARKK

Where to next

All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →AIRR on its own →DRAM on its own →AIRR dividend history →AIRR holdings →DRAM holdings →Method →Standards and sources →

Sources and dates

AIRR filings on SEC EDGAR ↗

AIRR prospectus with the expense ratio (SEC) ↗

First Trust page for AIRR ↗

DRAM filings on SEC EDGAR ↗

DRAM prospectus with the expense ratio (SEC) ↗

Roundhill page for DRAM ↗

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.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, AIRR against DRAM, data as of Oct 28, 2026. https://etfiq.com/compare/themes/airr-vs-dram

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.