Seize the opportunity to be bullish with the Roundhill T-REX 2X Long DRAM Daily Target ETF (RAM). Get two times the daily exposure to a precise basket of global memory stocks.
(as of 6/24/2026)
The Roundhill T-REX 2X Long DRAM Daily Target ETF (the "Fund") seeks daily leveraged investment results and is very different from most other exchange-traded funds. As a result, the Fund may be riskier than alternatives that do not use leverage because the Fund's objective is to magnify (200%) the daily performance of the publicly-traded shares of Roundhill Memory ETF (Cboe: DRAM) ("DRAM"). The return for investors that invest for periods longer or shorter than a trading day should not be expected to be 200% of the performance of DRAM for the period. The return of the Fund for a period longer than a trading day will be the result of each trading day's compounded return over the period, which will very likely differ from 200% of the return of DRAM for that period. Longer holding periods, higher volatility of DRAM, and leverage increase the impact of compounding on an investor's returns. During periods of higher DRAM volatility, the volatility of DRAM may affect the Fund's return as much as, or more than, the return of DRAM.
The Fund is not suitable for all investors. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged (2X) investment results, understand the risks associated with the use of leverage, and are willing to monitor their portfolios frequently. The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. For periods longer than a single day, the Fund will lose money if DRAM's performance is flat, and it is possible that the Fund will lose money even if DRAM's performance increases over a period longer than a single day. An investor could lose the full principal value of his/her investment within a single day if the price of DRAM falls by more than 50% in one trading day.
| Ticker | RAM |
|---|---|
| Primary Exchange | Cboe BZX |
| Gross Expense Ratio1 | 1.50% |
| Net Expense Ratio2 | 1.25% |
| AUM | |
| Launch | 6/24/26 |
| ETF Options | Yes |
|---|---|
| CUSIP | 26923V415 |
| ISIN | US26923V4150 |
| Shares Outstanding | |
| Management Style | Active |
1Reflects fees incurred by the Fund before waivers and reimbursements, including but not limited to management fees, 12b-1 fees, and acquired fund fees and expenses.
2The Adviser has contractually agreed to waive its management fee to an annual rate of 1.25% of the average daily net assets of the Fund until September 30, 2027 and the Adviser may not terminate this arrangement prior to that date.
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Weight calculation combines stock position with position held via total return swaps.
ETF holdings and allocations are subject to change at any time and should not be interpreted as an offer of these securities.
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The performance data quoted represents past performance. Past performance does not guarantee future results. Current performance may be lower or higher than the performance data quoted. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost. Returns less than one year are not annualized. For the most recent month-end performance, please call (855) 561-5728. You cannot invest directly in an index. Shares are bought and sold at market price (closing price), not net asset value (NAV), and are individually redeemed from the Fund. Market performance is determined using the Primary Exchange official closing price. Brokerage commissions will reduce returns.
Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price.
NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day. Performance greater than 1 year is annualized.
As of 06/24/2026
| 30-Day SEC Yield* | |
|---|---|
| Distribution Frequency | Annual |
*30-Day SEC Yield: Yield calculation that reflects the dividends and interest earned during the period after the deduction of the fund’s expenses. It is also referred to as the "standardized yield".
| Declaration | Ex Date | Record Date | Pay Date |
|---|---|---|---|
| 12/29/2026 | 12/30/2026 | 12/30/2026 | 12/31/2026 |
| Declaration | Ex Date | Record Date | Pay Date | Amount Paid |
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When did the Roundhill T-REX 2X Long DRAM Daily Target ETF (Cboe BZX: RAM) launch?
RAM began trading on June 24, 2026.
What are the fees for the Roundhill T-REX 2X Long DRAM Daily Target ETF?
The Fund’s gross expense ratio is 1.50% per year. The Fund's net expense ratio is 1.25% per year. The Adviser has contractually agreed to waive its management fee to an annual rate of 1.25% of the average daily net assets of the Fund until September 30, 2027 and the Adviser may not terminate this arrangement prior to that date.
Can I trade options on the Roundhill T-REX 2X Long DRAM Daily Target ETF?
Yes, options trading is available for RAM.
Is the Roundhill T-REX 2X Long DRAM Daily Target ETF actively managed?
Yes. RAM is actively managed and rebalances on a daily basis.
How does the Roundhill T-REX 2X Long DRAM Daily Target ETF fit in a portfolio?
As a leveraged ETF, RAM is designed as a short-term trading tool for sophisticated market participants. Please refer to the Fund’s regulatory documents, including the Fund Prospectus, before considering an investment in the Fund.
How does the Roundhill T-REX 2X Long DRAM Daily Target ETF achieve its exposure?
RAM utilizes a combination of total return swaps and exchange-traded funds tied to the memory stocks to target 200% long exposure on a daily basis.
Can I lose more than I invested?
No, you cannot lose more than your original investment.
What are some important considerations when trading the Roundhill T-REX 2X Long DRAM Daily Target ETF?
The Roundhill T-REX 2X Long DRAM Daily Target ETF is designed for active traders who have the ability to closely monitor their portfolios and make buy and sell decisions on a daily basis. Due to the nature of compounding, the Fund may lose value over time periods longer than a day even if the underlying asset increases over the full period.
(as of 6/24/2026)
as of TBD
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