The Roundhill Memory ETF (DRAM) launched on April 2, 2026.

The fund attracted over $1.11 billion in assets within its first few weeks. This growth marks a nearly unprecedented rate for a boutique asset manager.

The influx reflects surging demand for computer memory and data storage stocks. These components form the backbone of artificial intelligence infrastructure.

The ETF provides access to global manufacturers that are difficult for U.S. investors to hold directly. South Korea's SK Hynix and Samsung Electronics, along with U.S.-based Micron Technology, account for over 70% of the fund. This concentrated portfolio targets the high-bandwidth memory (HBM) boom fueled by AI.