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Roundhill's T-REX 2X Long DRAM Daily Target ETF — ticker RAM — arrives as a double-leveraged bet on DRAM memory stocks at precisely the moment Micron earnings are expected to whipsaw the sector.
The fund is structured as a 2x daily leveraged version of a popular DRAM ETF, meaning it is built to deliver twice the daily return of its underlying benchmark.
That mechanical design could turn an already volatile earnings event into a sharper ride for investors holding RAM.
What RAM Is and How It Works The Roundhill T-REX 2X Long DRAM Daily Target ETF tracks a 2x daily target, the standard construction for leveraged single-day products in the T-REX fund family.
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