DRAM
Memory Chip Companies (ETF)
Updated - ago
DRAM rose approximately 6.74% to around $43.955 amid a strong rebound across core semiconductor memory and storage holdings.1 The rally was driven by resilient demand forecasts for high-bandwidth memory (HBM) and dynamic random-access memory critical to artificial intelligence infrastructure.2 Broader technology sector stabilization also encouraged renewed buying across major memory producers following recent volatility.1
The Roundhill Memory ETF (DRAM) is an actively managed exchange-traded fund that provides exposure to global semiconductor memory and storage companies. Under normal conditions, the fund invests at least 80 percent of its assets in businesses that generate at least 50 percent of their revenue or profit from memory technologies, including high-bandwidth memory, DRAM, NAND flash, solid-state drives, and hard disk drives. Investment adviser Roundhill Financial selects large-capitalization companies based on market share and revenue metrics, applying a modified market-capitalization weighting model with a 25 percent single-company cap. Along with direct equity securities and depositary receipts, the fund can use derivative contracts such as total return swaps and forwards to gain exposure. The portfolio concentrates more than 25 percent of its assets in the information technology sector and holds major producers in the United States and international markets. The ETF rebalances its portfolio quarterly and operates with a gross expense ratio of 0.65 percent.