Latest data shows that the Roundhill Memory ETF (DRAM) has surpassed $25 billion in assets under management, officially exceeding the 26-year-old iShares MSCI Korea ETF (EWY).
It's worth noting that the Roundhill Memory ETF was only launched on April 2nd of this year. Since its listing, the Roundhill Memory ETF has attracted a record $22 billion in net inflows. During the same period, EWY experienced a $2 billion outflow. Before the advent of DRAM, EWY had attracted $6 billion in inflows since 2026.
Before DRAM, it was difficult for US investors to access the memory sector. The two giants in the field, SK Hynix and Samsung, were not previously listed on US exchanges. Therefore, investors wanting to invest in the memory sector could only purchase Korean funds, such as EWY, but these funds included not only memory giants but also many other unrelated stocks. DRAM provides investors with a pure investment option focused solely on the memory sector.
In the current DRAM holdings, Samsung Electronics, Micron Technology, SK Hynix, SanDisk, Seagate Technology, Western Digital, and Kioxia account for over 90% of the total holdings. Furthermore, there is still a 46% overlap in the underlying holdings of the DRAM and EWY ETFs.
