T-REX, a joint venture between REX Shares (REX) and Tuttle Capital Management (TCM), has announced the upcoming launch of the T-REX 2X Inverse DRAM Daily Target ETF (Ticker: RAMZ), marking the first-ever U.S. exchange-traded fund designed to deliver -200% of the daily performance of the Roundhill Memory ETF (Ticker: DRAM).
The launch gives investors a new leveraged inverse product focused on the rapidly growing memory semiconductor industry, allowing traders to capitalise on short-term declines in companies that are central to AI infrastructure development. RAMZ is designed for tactical investors seeking to express bearish views on the memory chip market or hedge existing exposure to the sector.
The underlying Roundhill Memory ETF provides exposure to leading memory semiconductor companies such as Samsung Electronics, SK Hynix, and Micron Technology, which have become critical suppliers of DRAM and other memory technologies powering artificial intelligence servers, data centres, and high-performance computing applications. Demand for advanced memory chips has surged alongside the expansion of generative AI workloads, making the sector one of the semiconductor industry's strongest growth areas.
With the introduction of RAMZ, T-REX now offers leveraged products covering both bullish and bearish strategies on the memory semiconductor segment. Investors seeking positive exposure can access the T-REX 2X Long DRAM Daily Target ETF (RAM), while RAMZ provides the opposite directional strategy through -2x daily leveraged inverse exposure. Together, the pair gives active traders greater flexibility to navigate market volatility and short-term price movements within the memory semiconductor industry.
The launch also complements T-REX's broader lineup of memory-related leveraged ETFs, which includes products offering 2x long exposure to SanDisk (SNDU) and SK Hynix (HYNX). These funds are designed to provide targeted exposure to companies benefiting from rising demand for AI-related storage and memory technologies.
RAMZ further expands T-REX's portfolio to more than 40 leveraged and inverse ETFs, reinforcing the firm's strategy of introducing first-to-market products tied to high-growth industries and widely followed technology companies. The company has previously pioneered leveraged ETFs linked to major technology stocks, including the first 2x and -2x ETFs based on Tesla and Nvidia, and continues to broaden its offerings as investor interest in AI and semiconductor-related investment themes accelerates.
The addition of RAMZ reflects growing demand for specialised investment vehicles that allow traders to take both long and short positions on sectors experiencing heightened volatility. As AI infrastructure spending continues to reshape the semiconductor landscape, memory chip manufacturers remain among the industry's most closely watched companies, creating opportunities for investors seeking tactical exposure through leveraged ETF products.