Roundhill Memory ETF

Frequently Asked Questions About DRAM

What does DRAM invest in?

The Roundhill Memory ETF (DRAM) is designed to offer investors a focused investment opportunity within the worldwide semiconductor memory industry. Its portfolio is strategically constructed to prioritize leading companies that command substantial market presence and revenue in memory products and associated technologies. This includes a broad spectrum of memory solutions such as high bandwidth memory, dynamic random-access memory (DRAM), NAND flash memory (encompassing solid-state drives built on NAND), NOR flash memory, hard disk drives, and specialized or embedded memory components. The fund's deliberate emphasis on major, large-capitalization firms is deemed essential for supporting the advancements in artificial intelligence. To execute its active investment approach, the fund has the flexibility to invest in common stocks or financial derivatives, such as swaps or forwards. The allocation of portfolio weights follows a modified market capitalization methodology, with a safeguard that no single company can constitute more than 25% of the fund. These weightings are determined by the advisor's evaluation of each company's market position and revenue generation within the memory sector. The portfolio undergoes rebalancing at a minimum of every three months.

What is the expense ratio of DRAM?

Roundhill Memory ETF (DRAM) charges an expense ratio of 0.65%. This is the annual fee deducted from fund assets to cover management and operations.

How big is DRAM?

Roundhill Memory ETF (DRAM) manages $26.06B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is DRAM actively managed or an index fund?

DRAM's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was DRAM launched?

Roundhill Memory ETF (DRAM) launched in April 2026 and is managed by Roundhill Investments.

How has DRAM performed?

DRAM's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.