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Launched

Roundhill T-REX 2X Long DRAM Daily Target ETF

RAMCboeRoundhill InvestmentsDThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$7.64−0.55 (−6.72%)

At close: Nov 2, 2026, 4:00 PM ET

D27/ 100

Rank 88 of 99 in Leveraged Long (2x & Other)

D27/100Rank 88 of 99inLeveraged Long (2x & Other)
Intraday session: down, 79 prints from 8.19 to 7.64. Range 7.63 to 8.57. Use the arrow keys to read each point.7.808.008.408.6010 AM12 PM2 PM4 PM
Expense ratio
1.50%
Fund size
$378M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
1
Avg volume · 30D
13.5M sh
52W range
low $7.45high $33.11
Launched

The ETF.net RAM Grade

Based on 4 of 6 pillars

D

Score 27 out of 100

Category
Leveraged Long (2x & Other)⁠
Rank
88 of 99
Six-pillar profile for RAM. Scores out of 100: Cost 6, Risk 14, Mission not scored, Tradability 78, Holdings not scored, Durability 51. Strongest: Tradability (78). Weakest: Cost (6). Based on 4 of 6 pillars.

Score 27 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F6 out of 100
    Rank 93 of 99

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F14 out of 100
    Rank 91 of 98

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A78 out of 100
    Rank 10 of 99

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C51 out of 100
    Rank 51 of 99

RAM Holdings

Asset class
Stocks
Holdings
1
Top-10 weight
200%
Largest holding
DRAM200.2%

Geography

  • United States54.31%
  • South Korea34.17%
  • Singapore4.07%
  • Taiwan3.70%
  • Japan2.92%
  • China0.83%

Developed 15% · Emerging 85% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1DRAMDram Swap200.23%15,753,910$756M4

Showing 1–1 of 1 holdings

RAM Performance

Launched Jun 24, 2026

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
RAM$7,845
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,141
Jul 31, 2026 to Oct 30, 2026. RAM $7,845. SPY $10,141. Use the arrow keys to read each point.$7,500$10,000$12,500$15,000Jul 2026Sep 2026Oct 2026

Jul 31, 2026 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for RAM. Periods over one year show the average yearly return.
PeriodRAM
Year to dateFund launched this yearNo data
1 month−40.4%
3 months−21.6%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for RAM
YearReturn barRAM
2026 YTD−65.6%

Since listing, Jun 24, 2026

RAM in the news

RAM Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
No dataLast 12 months
Payout per share
No dataLast 12 months

Listed Jun 2026. No distributions yet.

RAM Risk

Risk pillarF14 out of 100Rank 91 of 98 in Leveraged Long (2x & Other)

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
Launched Jun 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
Launched Jun 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
Launched Jun 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.00
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

RAM Cost

Compare RAM and WX

Overpaying vs WX, cheapest in Leveraged Long (2x & Other)

$22,128

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • RAM 1.50%

    $26,283

  • WX 0.20% Cheapest

    $4,155

$10,000
30 years

Cost over time

  • RAM 1.50%
  • WX 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530RAM $26,283WX $4,155

Year by year

YearRAMWXOverpaying
10$2,590$365$2,225
20$9,519$1,421$8,098
30$26,283$4,155$22,128

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