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Micron up 280% this year, SanDisk up 780%, SK Hynix up 260%.
Every dip is an opportunity, but some people still choose not to move.
DRAM puts these three companies together, so next time it dips, you won't need to make too many choices.
DRAM is the memory-themed ETF launched by Roundhill in April this year, the world's first pure memory ETF.
The stock selection criteria are very strict, only including companies with at least 50% of revenue from memory business, with Micron, SK Hynix, and Samsung accounting for 75% of the holdings, and SanDisk and Western Digital also included.
All core players in the memory sector are covered by one ETF.
Since launching in April, it has risen 170%, making it one of the fastest ETFs to reach $1 billion in scale this year.
Why not just buy individual stocks? Because there is more than one winner in the memory sector, HBM market share leader SK Hynix, Micron is catching up, Samsung is transforming, and each has its own catalysts.
Betting on a single stock, you watch the others rise; betting on the ETF, whoever gains in the sector, you follow.
Next week, Micron’s earnings report is the biggest catalyst recently; if Q3 guidance is met, with quarterly gross profit exceeding $27 billion, all stocks in the memory sector will move, and no DRAM will be left behind.
That’s also why I kept buying during last week’s dip.