Since its blockbuster debut on April 2, the Roundhill Memory ETF (DRAM) has shattered every historical funding record. It crossed the $1 billion mark in just its first 19 days and rocketed past $6.5 billion in assets over its first few weeks. That’s because it’s devoted specifically to the hottest segment of the hottest trade on Wall Street – memory solutions for AI.
Look at where it sits today, about 14 weeks after its launch. More than $22 billion in assets. Not bad for an ETF which is about 75% allocated to just three stocks. And when we add in the next four by weight within DRAM, we get more-than-90% allocation.