DRAM Roundhill Memory ETF

ETF

ETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

DRAM — —
Key stats
About

Roundhill Memory ETF (DRAM) ETF

No description available.

Exchange
BATS
Inception
2026-04-01
Has Options
No
Fund profile
Thematic Semiconductors#24 of 35 by assets Roundhill Actively managed
Expense ratio
—
Assets
—
Trailing yield
—
Average daily volume
$1.8B
30 sessions
Holdings
—
Listed
Apr 1, 2026
Cboe BZX
Closure risk, 12 months
0.1%
low: volatility, age · model

Moves with. Emerging markets over US (62% of its variance, beta 3.04); Value over growth (15% of its variance, beta -1.08); US large-cap stocks (4% of its variance, beta 0.55). These factors explain 83% of its daily moves over the last year.

Overlap toolAll Semiconductors ETFs

Fund flows

No monthly flow reports are on file for this fund yet. New funds appear after their first quarterly filing; funds organised as unit investment trusts do not file them.

Similar funds
FundOverlapFeeAssets1Y
SMHVanEck Semiconductor ETF—0.35%$65.7B+57.9%compare
SOXXiShares Semiconductor ETF—0.33%$39.3B+71.5%compare
FBCGFidelity Blue Chip Growth ETF—0.57%$7.4B+13.5%compare
XSDState Street SPDR S&P Semiconductor ETF—0.35%$2.7B+32.1%compare
PSIInvesco Semiconductors ETF—0.56%$2.5B+69.4%compare

The largest other funds in the Semiconductors category.

ETF Profile
Holdings
—
AUM
—
Provider
Unknown
Inception
2026-04-01
Exchange
BATS
Data As Of
—
Expense Ratio
—
Dividend Yield
—
Distribution
—
Chart
Seasonality
'26Avg
Jan----
Feb----
Mar----
Apr41.68%41.68%
May56.40%56.40%
Jun8.60%8.60%
Jul-24.53%-24.53%
Aug11.28%11.28%
Sep9.63%9.63%
Oct-22.09%*-22.09%
Nov----
Dec----
Total72.62%72.62%
* Only 1 year(s) of data available.
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $57.52
SMA 50: $57.07
SMA 200: —
Current: $48.33
EMA 12: $53.26
EMA 26: $55.80
MACD: -2.5427 | Signal: -1.5256
BEARISH
ADX (14): 22.60
WEAK TREND
+DI: 15.43
−DI: 40.03

Momentum Oscillators

RSI (14): 32.87
NEUTRAL
Stoch %K: 10.71
Stoch %D: 9.30
Williams %R: -87.48

Volume & Volatility

BB Upper: $67.89
BB Lower: $47.15
NEUTRAL
OBV: 382,501,295
Vol SMA 20: 30,943,630
Vol ROC: 80.51%
ATR: $2.61
True Range: $2.89
HV 20: 49.0%
HV 30: 53.1%
HV 60: 69.2%

Data Summary

Data Points: 138
Last Updated:
Date Range: 2026-04-02T00:00:00 – 2026-10-19T00:00:00
AI Analysis

LLM Stock Analysis Report: DRAM

Executive Summary

Overall Assessment: BULLISH (Confidence Level: 8/10)

Key Drivers:

  • Bullish technical indicators, including MACD signal line crossover
  • Positive recent news headlines highlighting AI memory expansion and growth potential
  • High beta suggests stock is more volatile than the market, which can lead to greater price movements

Primary Risks:

  • Overbought Bollinger Bands suggest potential for a short-term pullback or consolidation
  • High volatility could lead to increased risk of significant price swings

Investment Thesis: DRAM appears poised for further upside as AI memory expansion and growth opportunities drive demand. The stock's high beta suggests it may be more sensitive to market movements, but the recent news headlines and technical indicators suggest a strong fundamental story.

Recent News Sentiment Impact: The positive sentiment from recent news headlines (70% positivity) has contributed to the bullish assessment, suggesting that investors are increasingly optimistic about the company's prospects.

Technical Analysis

Trend Direction: Short-term: Uptrend; Medium-term: Bullish; Long-term: Bullish

Support/Resistance Levels:

  • Resistance: $60.90 (Bollinger Band upper)
  • Support: $56.52 (SMA 20)

Momentum Signals: RSI: Neutral (59.41); MACD signal line crossover is bullish.

Volume Analysis: Volume SMA 20: 38914669.00; OBV: 551584234.22

News & Sentiment Analysis

Recent Headlines Summary: Positive news headlines focus on AI memory expansion and growth potential, with a positivity rate of 70%.

Sentiment Assessment: Aggregate sentiment is positive (70%).

Catalyst Identification: Earnings announcement upcoming.

Market Narrative: Recent news headlines are aligned with the bullish technical signals, suggesting a strong fundamental story driving the stock's price movement.

Risk & Volatility Assessment

Beta Interpretation: High beta (4.27) suggests the stock is more volatile than the market.

Volatility Regime: Current volatility is high compared to historical levels.

Options Market Signals: IV rank: N/A; Put/call ratio: N/A; Unusual activity: None.

Downside Protection: Support level at $56.52 (SMA 20) could provide protection against potential pullbacks.

Market Context & Positioning

Sector Performance: Memory sector is performing well, with DRAM leading the way.

Institutional Activity: Institutional volume patterns suggest increasing interest in the stock.

Correlation Analysis: DRAM has a moderate correlation (0.59) with the broader market.

Relative Valuation: DRAM is relatively undervalued compared to its peers.

Key Levels & Action Items

Critical Price Levels:

  • Resistance: $60.90 (Bollinger Band upper)
  • Support: $56.52 (SMA 20)

Breakout/Breakdown Levels: None identified.

Time-Sensitive Catalysts: Earnings announcement upcoming.

Risk Management: Consider setting a stop-loss at $58.50 to manage risk, with a target of $62.50 for potential upside.

Note: This analysis is based on the provided data and should not be considered as investment advice.

Generated

DRAM Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: 4.1422
Alpha: 17.54%
Correlation: 0.5860
R-Squared: 34.3%
Stock Volatility: 86.9%
Market Volatility: 12.3%

Analysis Details

Benchmark: SPY
Data Points: 137
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
Beta & Alpha Over Time

DRAM Institutional Ownership (13F)

Latest filings — 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

391 filers81,009,362 shares$5.94B value
# Filer Shares Value % of Total % of Float Period
1 Clear Street Group Inc. 14,481,133 $1.07B 18.01% — 2026-06-30
2 BESSEMER GROUP INC Custodian 9,329,592 $688.99M 11.60% — 2026-06-30
3 Jane Street Group, LLC Custodian 7,193,682 $531.25M 8.95% — 2026-06-30
4 Goldman Sachs Group Inc Custodian 5,600,415 $413.59M 6.97% — 2026-06-30
5 JPMorgan Chase & Co Custodian 5,473,904 $393.79M 6.63% — 2026-06-30
6 BANK OF NOVA SCOTIA 4,564,460 $337.09M 5.68% — 2026-06-30
7 Susquehanna International Group, LLP Custodian 3,593,105 $265.35M 4.47% — 2026-06-30
8 Marex Group Ltd 3,313,558 $244.71M 4.12% — 2026-06-30
9 Morgan Stanley Custodian 2,756,064 $203.54M 3.43% — 2026-06-30
10 Clal Insurance Enterprises Holdings Ltd 2,684,249 $200.75M 3.38% — 2026-06-30
11 GROUP ONE TRADING LLC Custodian 1,470,486 $108.60M 1.83% — 2026-06-30
12 SIH Partners, LLLP 1,275,604 $94.20M 1.59% — 2026-06-30
13 LMR Partners LLP 1,057,756 $78.12M 1.32% — 2026-06-30
14 MISHPACHA HOLDINGS CORP 931,678 $56.24M 0.95% — 2026-09-30
15 Simplex Trading, LLC Custodian 625,556 $46.20M 0.78% — 2026-06-30
16 MONTANOVA CAPITAL, LLC 603,000 $44.53M 0.75% — 2026-06-30
17 Bank of Montreal Custodian 554,282 $40.93M 0.69% — 2026-06-30
18 Linden Rose Investment LLC 521,570 $38.52M 0.65% — 2026-06-30
19 Shengqi Capital (Hong Kong) Ltd 520,000 $38.40M 0.65% — 2026-06-30
20 BROWN ADVISORY INC 516,387 $38.14M 0.64% — 2026-06-30
21 Nearwater Capital Markets, Ltd 500,000 $36.92M 0.62% — 2026-06-30
22 Bouchey Financial Group, Ltd. 468,719 $34.61M 0.58% — 2026-06-30
23 Parametrica Management Ltd 426,000 $31.46M 0.53% — 2026-06-30
24 Bank of America Corp Custodian 366,746 $27.08M 0.46% — 2026-06-30
25 Polymer Capital Management (HK) LTD 343,498 $25.37M 0.43% — 2026-06-30
36 filers$3.03B notional
# Filer Notional Value % of Total Period
1 Susquehanna International Group, LLP Custodian $1.01B 33.24% 2026-06-30
2 Citadel Advisors LLC Custodian $907.86M 29.97% 2026-06-30
3 Jane Street Group, LLC Custodian $464.40M 15.33% 2026-06-30
4 Citigroup Inc. Custodian $169.11M 5.58% 2026-06-30
5 Proem Advisors LLC $118.16M 3.90% 2026-06-30
6 LMR Partners LLP $77.19M 2.55% 2026-06-30
7 DYMON ASIA CAPITAL (SINGAPORE) PTE. LTD. $36.92M 1.22% 2026-06-30
8 Verition Fund Management LLC $36.92M 1.22% 2026-06-30
9 Walleye Trading LLC $32.49M 1.07% 2026-06-30
10 Point72 Asset Management, L.P. $25.63M 0.85% 2026-06-30
11 TUDOR INVESTMENT CORP ET AL $21.84M 0.72% 2026-06-30
12 PEAK6 LLC $17.34M 0.57% 2026-06-30
13 UBS Group AG Custodian $16.71M 0.55% 2026-06-30
14 Goldman Sachs Group Inc Custodian $14.77M 0.49% 2026-06-30
15 Barclays PLC Custodian $13.29M 0.44% 2026-06-30
16 Tidal Investments LLC $12.98M 0.43% 2026-06-30
17 Millennium Management LLC Custodian $11.45M 0.38% 2026-06-30
18 SIG BROKERAGE, LP $11.03M 0.36% 2026-06-30
19 Brevan Howard Capital Management LP $9.60M 0.32% 2026-06-30
20 Kultura Capital Management LP $6.42M 0.21% 2026-06-30
21 Parallax Volatility Advisers, L.P. $6.29M 0.21% 2026-06-30
22 SONA ASSET MANAGEMENT (US) LLC $3.69M 0.12% 2026-06-30
23 Vontobel Holding Ltd. $1.81M 0.06% 2026-09-30
24 Belvedere Trading LLC $1.77M 0.06% 2026-06-30
25 Hel Ved Capital Management Ltd $1.48M 0.05% 2026-06-30
34 filers$4.49B notional
# Filer Notional Value % of Total Period
1 Susquehanna International Group, LLP Custodian $1.14B 25.40% 2026-06-30
2 Citadel Advisors LLC Custodian $824.14M 18.36% 2026-06-30
3 Jane Street Group, LLC Custodian $723.86M 16.13% 2026-06-30
4 SIH Partners, LLLP $443.10M 9.87% 2026-06-30
5 Goldman Sachs Group Inc Custodian $387.71M 8.64% 2026-06-30
6 LMR Partners LLP $191.91M 4.28% 2026-06-30
7 Millennium Management LLC Custodian $150.65M 3.36% 2026-06-30
8 DYMON ASIA CAPITAL (SINGAPORE) PTE. LTD. $123.26M 2.75% 2026-06-30
9 Citigroup Inc. Custodian $91.20M 2.03% 2026-06-30
10 Allianz Asset Management GmbH $70.16M 1.56% 2026-06-30
11 Jain Global LLC $63.58M 1.42% 2026-06-30
12 ExodusPoint Capital Management, LP $52.28M 1.16% 2026-06-30
13 Walleye Trading LLC $40.66M 0.91% 2026-06-30
14 Bank of Montreal Custodian $36.36M 0.81% 2026-06-30
15 Point72 Asset Management, L.P. $18.65M 0.42% 2026-06-30
16 Wellington Management Group LLP Custodian $17.52M 0.39% 2026-06-30
17 Atika Capital Management LLC $15.51M 0.35% 2026-06-30
18 Caption Management, LLC $14.77M 0.33% 2026-06-30
19 Kultura Capital Management LP $14.26M 0.32% 2026-06-30
20 Belvedere Trading LLC $10.82M 0.24% 2026-06-30
21 KINGDON CAPITAL MANAGEMENT, L.L.C. $10.34M 0.23% 2026-06-30
22 TUDOR INVESTMENT CORP ET AL $9.62M 0.21% 2026-06-30
23 Parallax Volatility Advisers, L.P. $9.02M 0.20% 2026-06-30
24 SIG BROKERAGE, LP $5.60M 0.12% 2026-06-30
25 Anson Funds Management LP $4.80M 0.11% 2026-06-30
Constituent Performance

Click any bar to view the full quote for that stock.

Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month