XFUNDS Memory Income ETF (DRMY)

XFUNDS Memory Income ETF (DRMY) is an exchange-traded fund in the Technology category. It has $7.43M in assets and an expense ratio of 1.01%. Under normal circumstances, the fund invests at least 80% of its net assets (plus borrowings for investment purposes) in equity securities, including depositary receipts and underlying ETFs, and/or derivative instruments that provide economic exposure to Memory Companies. It defines “Memory Companies” as companies that, at the time of investment, derive at least 50% of their revenues or profits from the design, development, production, or manufacture of memory-related semiconductor products or…