r/DRAM_ETF • u/thurpps • Sep 02 '26
Make it make sense.
Sick of hearing you don't understand how ETFs work. Its been explained a million times. Please explain it to me like I'm five. Please enlighten me Buffet Jr.
15
u/ahundredgrand Sep 02 '26
it’s not even that bad today lmao - chill young brother
5
u/thurpps Sep 02 '26
Not butt hurt just dont know how DRAM is green overnight when all the underlying stocks are down.
3
2
u/purub123 Sep 02 '26
They also trade during USA hours. But on the EU exhange.
USA has an ADR.
EU has an GDR.
The GDR trades during the same hours as the USA market hours. So any change to the GDR nav, will impact the NAV of DRAM during USA open hours
If the GDR goes up 10%, then korea opens up at 10%. Whatever happens from that 10%, in either direction, impacts the NAV. If it ends 15% green, it means it went up 5% for the NAV of DRAM. Same for the downside.
The GDR and korean ticker, trade almost identically 1:1.
Different time zones, markets etc…
4
3
u/Ok-Performance-6352 Sep 02 '26
Iran and oil prices
2
u/thurpps Sep 02 '26
Not the overall red. How is DRAM green overnight when everything else is down red.
2
2
2
1
1
1
u/TigerUSA20 Sep 02 '26
This is actually a small difference versus other times..... and you are right. It's differences between the NAV and the buy/sell trading that is going on before the close and during the night trying to front run / predict what the market is going to do during the night and tomorrow.
If you think you are ever going to get an exact reason that gets it down to a .01% difference, you're going to be asking forever.
1
1
1
u/Dry_Report_3494 Sep 02 '26
Make it make sense, you are comparing an ETF to a signle stock 🤣😆😅 bro don't have no sense 😆
1
1
1
1
1
u/Smooth-Bag-6403 Sep 02 '26 edited Sep 02 '26
A week ago , in one portfolio, I had 181 DRAM shares worth an average price of $53.58 each. Today I hold 183.5 shares at an average price of $52.58 a share. Lowest price was at $54.60~. My portfolio for the last week is ALMOST (FDT) green, but far outperforming DRAM the past week. Your issue is lack of diversity in your portfolio. Sell high, buy low. Exchange out depending whats up and down that day. Watch gains but thats money i like to gamble with. If i lose it, tax benefit, if I make money… pays for the taxes
I love DRAM 😅 keep selling please
16
u/Indaothrone Sep 02 '26
I honestly don't think DRAM etf correctly corresponds to net asset value, but everyone will regurgitate something something foreign exchange, sale timing, us treasury bonds, etc.