XFUNDS expanded its actively managed ETF lineup with the launch of the XFUNDS Memory Income ETF (NYSE:DRMY), a fund designed to provide investors with exposure to the fast-growing memory semiconductor industry while generating income through an options-based strategy.
Launched on Wednesday, the ETF targets companies across the memory ecosystem that are expected to benefit from rising demand for artificial intelligence (AI) infrastructure and high-performance computing.
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The launch comes as memory chips remain a key investment theme amid accelerating AI adoption, with demand for technologies such as high-bandwidth memory and advanced storage solutions continuing to rise.
According to XFUNDS CEO David Nicholas, memory has become a critical layer of AI infrastructure, extending investment opportunities beyond chip manufacturers to the broader ecosystem. He said DRMY was designed to give investors access to that growth while also pursuing current income through an actively managed options overlay that seeks to deliver weekly cash distributions.
