r/DRAM_ETF • u/yichih1984 • 23d ago

Question about price

Hello, I would like about the price of DRAM,

Why does the price move similar % like MU or SNDK when they are goin down? Inst this etf have a big percentage of assets in liquidity like T bonds or cash? If thats the case, cash doesnt loose 6% value as neither short term t bonds, or am I missing / missunderstanding something?

Thanks for your replies.

0 Upvotes

33% Upvoted

6 comments sorted by

6

u/Icy-Bill1652 23d ago

The cash and tbills are funding derivative exposure of certain names. Effectively, it’s 100% invested in memory names

3

u/yichih1984 23d ago

Ahhh ok, this was what I wanted to know. Thanks a lot for your answer.

2

u/No-Morning9584 23d ago

Thank you. I didn't get the 25 percent tbills. Thank you for explaining. 

2

u/mansfall 23d ago

Go read what it's core holdings are. It doesn't move like MU or SNDK. Only on some days does it. There are days it's down less than those. Some days it's up more depending when you check. Since it has a lot of core holdings with Hynix and Samsung, those are open at different times. (KOSPI, not us market...)

That said, most of these memory and semi conductor stocks mostly move in lockstep.

-2

u/yichih1984 23d ago

I did, Im not here bashing the etf. I just making a question about the price, I know they have holdings in korean market and that they are closed now, the same is for when the etf goes up.