Podcast Highlights Roundhill Memory ETF Strategy as Nvidia’s 19% SMH Weight Signals Concentration Risk
VettaFi's head of research outlined Roundhill Memory ETF’s (DRAM) strategy across key memory stocks on the “ETF of the Week” podcast with Chuck Jaffe. Nvidia’s May 20 earnings, with 19% weight in SMH and 7% in SOXX, underscore ETF concentration risks that could ripple through specialized funds like DRAM.
1. Podcast Deep Dive on Roundhill Memory ETF
VettaFi’s Todd Rosenbluth joined Chuck Jaffe to explore Roundhill Memory ETF’s positioning in the memory sector, detailing its investment structure, memory segment weighting, fee framework and how it differentiates from broader technology ETFs.
2. Nvidia Earnings Could Shift Semiconductor ETF Landscape
Wall Street projects Nvidia’s fiscal Q1 revenue at $79.08 billion and $1.76 EPS—Goldman Sachs forecasts a ~$2 billion upside—while Nvidia represents 19% of SMH and 7% of SOXX, meaning any earnings surprise could cascade into memory-focused funds such as the DRAM ETF.