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Roundhill Memory ETF (DRAM)

Technology | Exchange Traded Fund | Cboe US
55.83 USD -1.00 (-1.760%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 55.64 -0.19 (-0.190%) ⇩ (Aug. 28, 2026, 7:59 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 4:11 a.m. EDT

The memory sector is currently in a high-stakes tug-of-war between a massive institutional rally and a looming correction. While headlines celebrate the surge in Micron and SK Hynix, the price action tells a different story: the ETF has been rejected at key moving averages, and the recent 14-day chart shows a brutal, accelerating sell-off from highs near 60 down to the 49s, only to stage a desperate, volatile recovery. This volatility is the primary driver here; speculators are piling into leveraged calls betting on a bounce off the lows, while hedgers are locking in deep puts to catch a potential breakdown. The statistical forecast model is screaming 'unreliable,' which is a polite way of saying the market is too chaotic to predict with standard math. For the long term, this is a neutral hold; there is no multi-year price history to confirm a trend, and the lack of dividends offers no cushion. The trade is purely a bet on whether the AI memory bottleneck narrative can withstand the immediate profit-taking, making it a risky, high-beta play rather than a core investment.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.638840
AutoETS0.714284
AutoARIMA0.715615
MSTL0.726112

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 32%
H-stat 6.37
Ljung-Box p 0.000
Jarque-Bera p 0.112
Excess Kurtosis -0.76
Attribute Value
Trailing P/E 25.47

As of Aug. 22, 2026, 4:11 a.m. EDT: Speculators are aggressively positioning for a rebound, evidenced by massive open interest walls in out-of-the-money calls at strikes like 60, 65, and 70, which act as a floor for upside moves. Conversely, deep out-of-the-money put walls at strikes like 30 and 40 suggest a 'long gamma' environment where sellers are protecting against a crash, creating a volatile squeeze dynamic. The volume spikes in OTM calls indicate active buying of leverage on the memory sector rally, while the high implied volatility across all strikes reflects uncertainty around the upcoming earnings catalyst.


Info Dump

Attribute Value
All Time High 81.34
All Time Low 26.14
Ask 55.66
Ask Size 300
Average Daily Volume10 Day 42,072,440
Average Daily Volume3 Month 61,755,437
Average Volume 61,755,437
Average Volume10Days 42,072,440
Beta3 Year 0.0
Bid 55.55
Bid Size 1,500
Category Technology
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 57.06
Day Low 55.1
Eps Trailing Twelve Months 2.191599
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 59.0654
Fifty Day Average Change -3.2353973
Fifty Day Average Change Percent -0.054776527
Fifty Two Week Change Percent 104.71902
Fifty Two Week High 81.34
Fifty Two Week High Change -25.509995
Fifty Two Week High Change Percent -0.3136218
Fifty Two Week Low 26.14
Fifty Two Week Low Change 29.690002
Fifty Two Week Low Change Percent 1.1358073
Fifty Two Week Range 26.14 - 81.34
First Trade Date Milliseconds 1,775,136,600,000
Full Exchange Name Cboe US
Fullday Change -1.0
Fullday Change Percent -1.75963
Fullday Price 55.64
Fund Family Roundhill Investments
Fund Inception Date 1,775,001,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund will generally seek to invest primarily in the equity securities of “Memory Companies,” but may also seek exposure to Memory Companies through derivative instruments, such as swap agreements and forward contracts. Under normal circumstances, it invests at least 80% of its net assets (plus borrowings for investment purposes) in equity securities or instruments (i.e., swap agreements or forward contracts) that provide exposure to Memory Companies. The fund is non-diversified.
Long Name Roundhill Memory ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1985020478
Nav Price 56.492
Net Assets 24,554,743,800.0
Net Expense Ratio 0.65
Open 55.97
Post Market Change -0.19000244
Post Market Change Percent -0.34032318
Post Market Price 55.64
Post Market Time 1,787,961,599
Previous Close 56.83
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -1.0
Regular Market Change Percent -1.75963
Regular Market Day High 57.06
Regular Market Day Low 55.1
Regular Market Day Range 55.1 - 57.06
Regular Market Open 55.97
Regular Market Previous Close 56.83
Regular Market Price 55.83
Regular Market Time 1,787,947,201
Regular Market Volume 25,747,958
Short Name Roundhill Memory ETF
Source Interval 15
Symbol DRAM
Total Assets 24,554,743,808
Tradeable 0
Trailing P E 25.474552
Trailing Peg Ratio None
Trailing Three Month Nav Returns 38.1158
Trailing Three Month Returns 38.1158
Triggerable 1
Two Hundred Day Average 53.618332
Two Hundred Day Average Change 2.21167
Two Hundred Day Average Change Percent 0.041248392
Type Disp ETF
Volume 25,747,958