Roundhill Memory ETF Jumps 84%, Hits $10 Billion in Six Weeks
The six-week-old Roundhill Memory ETF (DRAM) has soared 84% since its April 2 launch and now holds about $10 billion in assets, placing it among the top ten US ETFs by year-to-date inflows. Its 50% concentration in SK Hynix and Samsung propelled gains but the fund dropped 5% on rising bond yields.
1. Launch and Asset Surge
The Roundhill Memory ETF began trading on April 2 and attracted roughly $10 billion in assets within six weeks. This rapid accumulation has pushed DRAM into the top ten US ETFs by year-to-date net inflows out of over 5,000 listed products.
2. Concentrated Chip Exposure
About half of the ETF’s weight is split between SK Hynix and Samsung Electronics, offering targeted access to memory chip producers that are core to artificial intelligence applications. Retail investors have favored this concentrated approach over broader semiconductor or index funds.
3. Interest-Rate Headwinds
After weeks of rallying, DRAM declined 5% on Friday as rising US Treasury yields pressured high-growth assets. The correction highlights the sensitivity of thematic, leveraged bets to shifts in the broader rate environment.