$DRAM ETF assets surge 20% to $28B amid strong retail demand

A fund that didn’t exist three months ago now holds roughly $28 billion in assets. The Roundhill Memory ETF, trading under the ticker DRAM, has pulled in approximately $27 billion in net inflows since its April 2 launch, making it one of the fastest asset-gathering ETFs in market history. What makes that number even more striking: retail investors kept buying through price dips in the underlying holdings. Weekly inflows remained consistent even as memory chip stocks fluctuated. Inside the fund that Wall Street didn’t see coming DRAM is the first US-listed ETF focused exclusively on the memory chip sector. It’s an actively managed portfolio of about 24 holdings, concentrated heavily in the three companies that dominate global memory production. Micron Technology sits at the top with roughly 26% of the fund, followed by Samsung Electronics at around 25% and SK Hynix at approximately 20%. The fund charges an expense ratio of 0.65%. Early demand was staggering: inflows hit $55 million in a single trading session shortly after launch, then rocketed to $1.1 billion not long after. Recent share prices have hovered in the $55 to $57 range. Since inception, DRAM has reportedly delivered ret...