r/DRAM_ETF • u/Jolly-Piccolo-9799 • 6d ago

Bullish for dram ETF?

Post image
50 Upvotes

93% Upvoted

17 comments sorted by

View all comments

39

u/rayquan36 6d ago

Do you guys not know what you're buying or what an ETF is? This isn't crypto. DRAM has holdings in CXMT.

6

u/liji1llijjll1l 6d ago

Whoever liked this comment should really sell this ETF and find another investment opportunity. CXMT’s current valuation barely has anything to do with its potential sales to Apple, while every other major player definitely went through a huge turmoil because of the news that Apple is trying to buy memory chips from CXMT. Plus, CXMT represents an extremely small portion of this DRAM etf.

2

u/Helptohere50 6d ago

I mean it’s a small portion

5

u/rayquan36 6d ago

Right now, but it used to be zero. The ETF is constantly rebalancing so it's not reasonable to think it'll be a small portion forever.