The Roundhill Memory ETF reached approximately $25 billion in assets about 4 months after its launch, but is now facing its first major stress test as memory stocks plunge. The sell-off across semiconductor stocks, rising US long-term interest rates and investors adjusting their positions have been cited as factors behind the decline.
The ETF is the Roundhill Memory ETF, which focuses on memory stocks including DRAM. It launched on 2 April 2026 and was reported to have reached approximately $25 billion in assets in just about 4 months, with a return of 107.78% since inception. Following the sharp decline in share prices, the fund is facing a major stress test. The article focuses on this situation.
The decline in memory stocks spread through falling share prices of companies including Micron Technology, SanDisk and SK hynix. The article also covers the reaction in the Seoul market, trends in US semiconductor stocks, and movements in the Nasdaq Composite Index and the Philadelphia Semiconductor Index.