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Data as of .

DRAM vs GRID: which is really different?

GRID holds 40.0% of its weight in S&P 500 companies and DRAM 20.0%.

Roundhill Memory ETF and First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund, side by side, thematic ETFs on ETFIQ.

20.0%DRAM in the S&P 500
40.0%GRID in the S&P 500
+112.9%DRAM total return, 1 year
+22.9%GRID total return, 1 year

ETFIQ Off-Index Score: DRAM scores higher

How much of it is not the index it is sold as an alternative to?

DRAM 38.9GRID 26.10.1, the lowest in this set91.6, the highest

A percentile among the 371 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed

DRAM80% of its weight is outside the S&P 500 · 3 months to Sep 11, 2026
20%80%in the S&P 500of its weight outside the S&P 500active share 97% · top ten 97% of the fund · 13 holdings filed Jun 30, 2026 · Nasdaq-100: 20% in20%80%inoutside the S&P 500active share 97% · top ten 97% of the fund
GRID60% of its weight is outside the S&P 500 · 1 year to Sep 11, 2026
40%60%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 92% · top ten 59% of the fund · 122 holdings filed Sep 10, 2026 · Nasdaq-100: 9% in40%60%in the S&P 500outside the S&P 500active share 92% · top ten 59% of the fund

What they hold in common

By the books each fund has filed, DRAM and GRID hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in DRAMOnly in GRID
TREASURY BILL 27.17%Schneider Electric SE 9.13%
SK hynix Inc 20.19%Eaton Corporation Plc 8.86%
Samsung Electronics Co Ltd 18.26%Johnson Controls International Plc 8.45%
Sandisk Corp 6.62%ABB Ltd 7.72%
Kioxia Holdings Corp 5.54%Quanta Services, Inc. 7.54%
Western Digital Corp 5.46%E.ON SE 4.16%
Seagate Technology Holdings PL 5.32%National Grid Plc 4.10%
GigaDevice Semiconductor Inc 3.90%Prysmian SpA 3.57%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 10, 2026.

Performance, window by window

DRAM and GRID over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
DRAMGRIDDRAMGRIDDRAMGRID
3 months−9.1%−4.0%−12.4 pts−7.3 pts−8.3 pts−3.2 pts
6 monthsnot published+9.9%not published−6.1 ptsnot published−10.8 pts
1 yearnot published+22.9%not published+5.4 ptsnot published0.0 pts
3 yearsnot published+88.9%not published+11.0 ptsnot published−6.2 pts
Since launch+112.9%+560.9%+96.1 pts−243.5 pts+90.6 pts−1113.0 pts
Open the live comparison on ETFIQ
DRAM and GRID on the same fields, as of Sep 11, 2026. Source: ETFIQ.
DRAM
Roundhill Memory ETF
Holds 13 stocks in memory and storage, 20% of its weight in S&P 500 companies
GRID
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
Holds 122 stocks in electrification and the grid, 40% of its weight in S&P 500 companies
IssuerRoundhillFirst Trust
ThemeMemory and storageElectrification and the grid
In the S&P 50020.0%40.0%
Active share vs the S&P 50096.8%92.0%
In the Nasdaq-10020.0%8.5%
Holdings13122
Top ten, share of the fund97.3%58.8%
Expense ratio0.65%0.56%
Fee for the differing part0.67%0.61%
Total return, 1 year+112.9% (since launch on Apr 2, 2026)+22.9%
vs the S&P 500+96.1 pts+5.4 pts
vs the Nasdaq-100+90.6 pts0.0 pts
Below its high−26.8%−9.2%

DRAM in plain words

By weight, 20% 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 97% of the fund across 13 positions, as filed for Jun 30, 2026. Since it launched on Apr 2, 2026 the fund returned +112.9% with distributions reinvested against +16.8% for the S&P 500, so a holder was ahead by 96.1 pts. It sits 26.8% below its all-time high of Jun 22, 2026.

GRID in plain words

By weight, 40% of GRID's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 92%. The top ten holdings are 59% of the fund across 122 positions, as published by its issuer for Sep 10, 2026. Over the year to Sep 11, 2026 the fund returned +22.9% with distributions reinvested against +17.5% for the S&P 500, so a holder was ahead by 5.4 pts. It sits 9.2% below its all-time high of May 11, 2026.

Questions people ask

Which is more different from the S&P 500, DRAM or GRID?
DRAM has 20% of its weight in S&P 500 names and GRID has 40%, so DRAM differs more from the index.
Which is cheaper, DRAM or GRID?
DRAM charges 0.65% a year and GRID charges 0.56%, so GRID is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

DRAM against GRID, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, DRAM against GRID, data as of Sep 11, 2026. https://etfiq.com/compare/themes/dram-vs-grid Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources