Leverage Shares 2X Long Memory Daily ETF (RAML): ETF
ETF traded on BATS under symbol RAML. Quoted in usd.
Leverage Shares 2X Long Memory Daily ETF
RAML is designed to make bullish bets on the stock price of Roundhill Memory ETF (CBOE: DRAM) through swap agreements. The objective is to obtain daily leveraged exposure equivalent to 200% of the fund's net assets. To maintain this exposure, daily rebalancing is performed to make adjustments in response to DRAM's daily price movements. Depending on market conditions and operational constraints, the fund may also utilize a synthetic forward options strategy. As a geared product, the fund is intended as a short-term tactical tool rather than a long-term investment vehicle. As a result, returns may deviate from the expected 2x multiplier if held for longer than a single day due to compounding. This high-risk strategy does not include a defensive position as part of its overall process. Should DRAM's value decline by more than 50% relative to the fund, investors could face a total loss. Additionally, the fund could potentially lose money over time even if DRAM's performance strengthens.
Largest holdings
- ROUNDHILL MEMORY ETF-SWAP-CLST-L148.69%
- ROUNDHILL MEMORY ETF-SWAP-MREX-L32.54%
- ROUNDHILL MEMORY ETF-SWAP-CANT-L18.77%
- First American Treasury Obligations Fund 01/01/20403.48%
- Cash & Other-103.48%
30d
160.50K
60d
82.54K
90d
58.39K