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Barchart
Barchart
Rob Isbitts

SK Hynix Stock Debuts for U.S. Investors Tomorrow. The DRAM ETF Could Be the Biggest Loser.

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.

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