Roundhill Memory ETF Soars 70% in First Month, Hits Intraday Records
DRAM•Roundhill Memory ETF launched in early April and has surged over 70% during its first 24 trading sessions, hitting intraday highs on 14 days. Its $3.3 billion portfolio concentrates nearly 70% in Micron, SK Hynix and Samsung, exposing investors to liquidity, currency and trading-hour risks.
1. ETF Launch and Performance
The Roundhill Memory ETF began trading in early April and has completed 24 sessions, rallying over 70% and setting intraday record highs on 14 of those days. Its rapid ascent reflects intense investor demand for pure-play AI memory exposure.
2. Asset Growth and Concentration
Assets under management have climbed to approximately $3.3 billion, driven by heavy allocation to memory suppliers. Micron, SK Hynix and Samsung account for nearly 70% of the fund, while the top seven holdings represent about 90%.
3. Exposure and Risks
The ETF’s significant foreign component introduces liquidity, currency and trading-hour risks for US investors. Lack of US-listed ADRs for key names means investors gain memory sector exposure but assume added FX and market-hour volatility.
4. Comparison to Other Semiconductors
Unlike broad semiconductor ETFs such as SMH and SOXX, this fund offers concentrated memory chain access. Investors seeking diversified chip exposure may prefer those alternatives, while memory specialists can use this ETF for a targeted AI-era trade.
