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Memory ETF DRAM tops $25 billion AUM, overtaking South Korea ETF EWY

Memory ETF DRAM tops $25 billion AUM, overtaking South Korea ETF EWY

The fund crossed the $25 billion mark for the first time after attracting a record $22 billion since its April 2 launch, surpassing the 26-year-old EWY.

Fact Check
The originating Kobeissi Letter X post directly states all elements of the claim: DRAM crossed $25B AUM for the first time, overtook the 26-year-old EWY, drew a record +$22B in inflows since its April 2 launch. Charlie Bilello's independent Week in Charts corroborates $25B in inflows in under 3 months as the fastest ETF to that mark, with the same April 2 launch date. The LinkedIn cross-post repeats the identical figures. All numeric and comparative details align across sources. The one nuance is that '$25B AUM' and '$22B inflows since launch' are slightly different metrics (AUM includes price appreciation), but the sources present them together as stated in the claim.
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Summary

The Memory ETF, ticker DRAM, has exceeded $25 billion in assets under management for the first time, overtaking the South Korea ETF, EWY. The move is notable because EWY is a 26-year-old fund, while DRAM launched only on April 2. The milestone follows record inflows of $22 billion into DRAM, underscoring unusually rapid asset gathering for a newly launched thematic ETF.

Terms & Concepts
  • assets under management: Total market value of a fund's holdings.
  • ETF: Exchange-traded fund that trades like a stock.
  • inflows: Net investor money entering a fund.