A new ETF focused on memory giants like Micron Technology, Samsung Electronics, and SK Hynix is already up 30%—here’s what’s driving it.
The fund from RoundHill Investments (DRAM), built around DRAM exposure, has surged since its early April launch—highlighting renewed investor interest in one of the most explosive corners of the semiconductor market.
Roughly 75% of the portfolio is concentrated in three major players: Micron Technology, Samsung Electronics, and SK Hynix. The remaining allocation includes smaller names like SanDisk that have also benefited from the recent upswing.
The momentum has been strong. The ETF has already attracted over $1 billion in assets within weeks of launching—reportedly outpacing expectations from the management team at Roundhill.
Part of that early success may come down to timing. The broader market, and particularly semiconductors, has turned sharply higher just as the fund came online.
According to TrendForce, DRAM prices jumped 91% in Q1, with another 60% increase expected in Q2. NAND flash prices are also projected to rise significantly, reinforcing the idea that the memory cycle will continues its upward trajectory.
For investors looking to gain exposure to the memory trade without the stress of picking individual winners, this ETF offers a concentrated way to play the space.