Dividend on the way · $0.3161
XFUNDS MEMORY INCOME ETF (DRMY)
$47.36
At close+0.86 (+1.85%)
XFUNDS Launches DRMY, a New Semiconductor ETF That Sells Options for Monthly Income
A new ETF just bet that memory chips and options premiums can coexist in one fund, but with 8 to 15 holdings and a 1.01% fee, the tradeoffs for income-seeking investors run deeper than the prospectus summary suggests.
This New ETF Targets AI Memory Leaders and Weekly Cash Payouts
XFUNDS expanded its actively managed ETF lineup with the launch of the XFUNDS Memory Income ETF (NYSE:DRMY) , a fund designed to provide investors with exposure to the fast-growing memory semiconductor industry while generating income through an options-based strategy.
