Even the DRAM Bears Are Committed to the Ride

Even the DRAM Bears Are Committed to the Ride

Fri, July 31, 2026 at 5:10 AM GMT+3 1 min read

It's been a wild ride for investors of the Roundhill Memory ETF (DRAM), and it may not be over yet. ETF.com hosts Dave Nadig, President & Director of Research, and Sumit Roy, Senior ETF Analyst are joined in this episode of ETF Zoo by Eric Balchunas, Senior ETF Analyst at Bloomberg Intelligence, and Tony Dong, CETF, Lead ETF Analyst at ETF Central to dig into the fund's performance and flows this year.

The ETF Zoo crew digs into the wild ride of the Roundhill Memory ETF (DRAM), which nailed its timing by giving investors rare access to Samsung and SK Hynix, and shattered inflow records even faster than IBIT did. Despite a brutal 40% price drawdown, assets have stayed remarkably sticky near their $25 billion high-water mark, It's a stark contrast to how quickly gold or Bitcoin investors have historically bailed during downturns. The real debate fueling continued inflows is whether high-bandwidth memory has permanently broken the industry's boom-bust cycle, and whether Micron, trading at just 5x forward earnings, is still dirt cheap if that thesis holds.

To watch the full episode that covers leveraged ETF popularity and gains, waning interest in crypto, and international investing potential, go here.

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