Roundhill Investments has launched a leveraged fund designed to deliver twice the daily performance of the Roundhill Memory ETF (NASDAQ:DRAM).
The launch builds on the rapid rise of DRAM, a thematic ETF focused on global companies involved in memory technologies such as DRAM, NAND, and other storage solutions that have become increasingly critical to the artificial intelligence infrastructure buildout.
The new ETF, the Roundhill T-REX 2X Long DRAM Daily Target ETF (NASDAQ:RAM), arrives amid surging investor interest in memory-chip exposure. Since debuting on April 2, DRAM has amassed more than $20 billion in assets under management in just over two months and generated a total return of over 150%, making it one of the most successful ETF launches in history. The fund’s strong trading volumes and options activity have highlighted growing demand for targeted exposure to the memory segment of the semiconductor market.
Dave Mazza, CEO of Roundhill Investments, said investors increasingly view memory as a key bottleneck in the AI buildout, while Greg King, Founder and CEO of REX, described memory as one of the defining trades of the AI era, driven by a combination of soaring demand and constrained supply. RAM was developed through a partnership between Roundhill and T-REX, the leveraged ETF platform backed by REX Shares and Tuttle Capital Management, combining Roundhill’s thematic ETF expertise with T-REX’s leveraged-product infrastructure.
