Do DRAM and NLR 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, DRAM or NLR?

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

Which is cheaper, DRAM or NLR?

DRAM charges 0.65% a year and NLR charges 0.52%, so NLR is cheaper. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Thematic ETFs

DRAM vs NLR: Holdings Overlap & Returns

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

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Net assets: $20.6bn on Oct 28, 2026 for Roundhill Memory ETF, and $3.1bn on Oct 26, 2026 for VanEck Uranium and Nuclear ETF.

DRAM on its own →NLR on its own →

At a glance

15.7%

DRAM in the S&P 500

15.1%

NLR in the S&P 500

+95.0%

DRAM total return, since launch, Apr 2, 2026

−35.8%

NLR total return, 1 year

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.

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

15% of NLR's weight is in S&P 500 companies and 85% is outside the index. Holdings as of Jun 30, 2026.

Pair scorecard

NLR costs 0.13 points a year less; DRAM is 6.1 times larger.

Points (pts) are percentage points.

DRAM vs NLR: Holdings Overlap & Returns
Measure	DRAM	NLR
Return
Measure	DRAM	NLR
Total return, 1 year	not published	−35.8%
Drawdown
Measure	DRAM	NLR
Below its all-time high	33.0%, high on Jun 22, 2026	41.6%, high on Jan 28, 2026
Against its benchmark
Measure	DRAM	NLR
What it tracks	Memory and storage	Nuclear and uranium
Its benchmark, total return, 1 year		+13.4%
Against its benchmark, 1 year		behind by 49.2 pts
Cost and size
Measure	DRAM	NLR
Expense ratio	0.65%	0.52%
Net assets, as of Oct 26, 2026	$18.8bn	$3.1bn
Holdings
Measure	DRAM	NLR
Holdings in common	0%

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

What they share

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

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first DRAM NLR

Only in one fund ↓

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%

Only in NLR

Cameco Corp 8.41%

Constellation Energy Corp 8.04%

Public Service Enterprise Group Inc 7.09%

BWX Technologies Inc 6.78%

Fortum Oyj 5.75%

Oklo Inc 5.22%

Centrus Energy Corp 5.05%

Uranium Energy Corp 4.99%

Check overlap with more funds →

Window by window

Window by window: DRAM vs NLR: Holdings Overlap & Returns
	Total return		vs its benchmark
Window	DRAM	NLR	DRAM	NLR
3 months	+20.7%	−6.5%	not measured	−10.9 pts vs ACWI
6 months	+41.6%	−30.2%	not measured	−37.6 pts vs ACWI
1 year	–	−35.8%	–	−49.2 pts vs ACWI
3 years	–	+54.0%	–	−34.9 pts vs ACWI
Since launchNot the same days: DRAM Apr 2026 · NLR Aug 2007	+95.0%	+66.1%	not measured	not measured

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

Side by side

DRAM Roundhill Memory ETF · Holds 12 stocks in memory and storage, 16% of its weight in S&P 500 companies NLR VanEck Uranium and Nuclear ETF · Holds 25 stocks in nuclear and uranium, 15% of its weight in S&P 500 companies

Issuer Roundhill VanEck

Theme Memory and storage Nuclear and uranium

In the S&P 500 15.7% 15.1%

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

In the Nasdaq-100 15.7% 8.0%

Holdings 12 25

Top ten, share of the fund 56.4% 61.1%

Expense ratio 0.65% 0.52%

Fee for the differing part 0.67% 0.52%

Total return, 1 year +95.0% (since launch, Apr 2, 2026) −35.8%

vs its benchmark not measured −49.2 pts vs ACWI

Below its high −33.0% −41.6%

Net assets, DRAM as of Oct 28, 2026 and NLR as of Oct 26, 2026 $20.6bn $3.1bn

As of Oct 28, 2026. Source: ETFIQ.

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

Alert

About each fund

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.

NLR

By weight, 15% of NLR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 61% of the fund across 25 positions, as filed for Jun 30, 2026. Over the year to Oct 28, 2026 the fund returned −35.8% with distributions reinvested against +13.4% for its benchmark, the MSCI ACWI Index, so a holder was behind by 49.2 pts. It sits 41.6% below its all-time high of Jan 28, 2026.

Questions people ask

Do DRAM and NLR 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, DRAM or NLR?: DRAM has 16% of its weight in S&P 500 names and NLR has 15%, so NLR differs more from the index.
Which is cheaper, DRAM or NLR?: DRAM charges 0.65% a year and NLR charges 0.52%, so NLR is cheaper. Fees come from each fund's prospectus.

Other comparisons

DRAM vs URA DRAM vs BOTZ DRAM vs ARKG DRAM vs KWEB NLR vs IDEF NLR vs ARKG NLR vs URNM NLR vs NUKZ

Where to next

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

Sources and dates

DRAM filings on SEC EDGAR ↗

DRAM prospectus with the expense ratio (SEC) ↗

Roundhill page for DRAM ↗

NLR filings on SEC EDGAR ↗

NLR prospectus with the expense ratio (SEC) ↗

VanEck website ↗

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

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