DRALDefiance Daily Target 2X Long DRAM ETF
Seeks daily investment results of 200% the daily percentage change in the share price of the Roundhill Memory ETF.
By Defiance · Launched 2026
Annual Cost
0.71%
#3,916 of 6,166 · average
Fund Size
$20M
#4,624 of 6,166 · small
Return (1Y)
N/A
Track Record
3 months
#5,737 of 6,166 · young
Performance
Total-return NAV · USDGrowth of $10,000
$5,814-41.9%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityStrategy
Leveraged
Holdings
By weightConcentration
single-stock exposure — holdings shown are derivatives collateral, not the fund's position
First American Government Obligs XFGXXX
7.8%
Asset allocation
Stocks
196.4%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
N/A
Max drawdown
-70.3%Severe
Worst peak-to-trough loss
Sharpe (3Y)
Unavailable
Needs 3+ years of history
Sortino (3Y)
Not yet
Needs 3+ years of history
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks daily investment results of 200% the daily percentage change in the share price of the Roundhill Memory ETF.
- Strategy
- Actively managed ETF aiming for 200% daily exposure to the Roundhill Memory ETF using derivatives like swaps and options. The strategy involves daily rebalancing to maintain leverage and may result in high portfolio turnover.
- Inception date
- June 24, 2026
- Fund family
- Defiance
Similar funds
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Data updated on 2026-09-30