DRAM ETF Price, Holdings, and News

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DRAM is the ticker of the Roundhill Memory ETF, an exchange-traded fund built around companies that make memory chips and storage devices. The quote above is the fund’s market price per share, not the price of DRAM memory chips themselves. Since the fund began trading in early April 2026, it has moved with the memory industry’s boom in AI data center demand, and those swings can be large in both directions.

How to read the DRAM quote

The headline figure is the last traded price of one DRAM share in US dollars. The percentage beside it is the change from the previous close, which is listed separately. The day range shows the low and high trades of the current session. The 52-week range shows the lowest and highest prices over the trailing year.

The exchange field reads BTS, the code for the Bats exchange (now Cboe BZX), which is why the ticker sometimes appears as “BATS: DRAM.” The fund trades during regular US market hours like any stock. Volume counts the shares that changed hands in the session. It measures trading activity, not money entering or leaving the fund.

The performance tabs (1D through 2Y) show price change over each window. Because DRAM launched in April 2026, check where the chart line actually begins before relying on a one-year or two-year figure. The year-to-date field may also be blank.

What the Roundhill Memory ETF is

DRAM focuses on the memory segment of the semiconductor industry: DRAM and high-bandwidth memory (HBM) chips used in AI servers, plus NAND flash and storage products.

Two prices matter for any ETF:

• Market price: what buyers and sellers pay on the exchange. This is the quote shown here.
• Net asset value (NAV): the per-share value of the fund’s holdings, calculated once a day.

Large institutions called authorized participants can create or redeem shares for the underlying basket, which usually keeps the market price close to NAV. In fast markets the two can briefly drift apart, and a buyer then pays a small premium or receives a discount.

For the current holdings and weights, use the fund’s published holdings file, which is updated regularly.

What moves DRAM

Memory pricing and the AI buildout. AI data center demand created a shortage of memory devices, pushing up prices for HBM chips and storage drives and lifting profits across the industry. Shares of memory makers such as Micron, SK Hynix, Samsung, Sandisk and Western Digital rose sharply over the same stretch.

Cyclicality. Memory has historically been a boom-and-bust business. Producers expand capacity when prices are high, and supply can later outrun demand. A fund concentrated in one segment carries that cycle with very little offset from other industries.

Earnings and valuation. Memory stocks have been supported partly because profits rose alongside share prices. Micron reported a 770% year-over-year earnings increase in one recent quarter. Any shift in earnings expectations for the large memory makers can move the whole basket at once.

Overseas markets. Several major memory producers are Asian companies. Korean names, for example, trade on the KOSPI during hours when US markets are closed. Chinese producers such as ChangXin Memory Technologies affect supply and competition. News from those markets can show up in DRAM’s price at the next US open.

Leveraged, inverse and competing memory ETFs

DRAM’s growth prompted five ETF providers to file for leveraged and inverse funds tied to it. These products reset their exposure every day. A 2x fund targets twice DRAM’s daily move, not twice its return over weeks or months. Compounding means results over longer periods can differ widely from a simple multiple.

The filed Direxion Daily DRAM Bear 2X ETF shows how large the daily swings can get. It would have lost about 30% on a day when DRAM rose nearly 15%. Filings are not launches, so a proposed fund may or may not begin trading.

KraneShares, Defiance and Tidal have also filed for competing memory funds. Before treating any of them as an alternative, compare holdings, weighting rules and expense ratios.

Practical caveats

• Fees: The expense ratio is deducted from fund assets and reflected in NAV, not billed to you separately, so you cannot avoid it while holding the fund. Brokerage commissions and bid-ask spreads are separate costs.
• Fund vs. single stock: DRAM spreads exposure across memory companies, while one company such as Micron concentrates the outcome on that firm. Neither removes exposure to the memory cycle itself.
• Measuring returns: Measure a past or planned position with a consistent method such as return on investment, and compare it against a broad benchmark like the S&P 500.