Roundhill T-REX 2X Long DRAM Daily Target ETF (RAM) Stock

About Roundhill T-REX 2X Long DRAM Daily Target ETF

RAM seeking daily leveraged exposure is very different from most other exchange-traded funds. As a result, RAM may be riskier than alternatives that do not use leverage. The ETF's investment objective is to magnify (200%) the daily performance of the shares of the Issuers own Memory ETF, ticker: DRAM. The return for investors that invest for periods longer or shorter than a trading day should not be expected to be 200% of the performance of DRAM for the period. The return of the Fund for a period longer than a trading day will be the result of each trading day's compounded return over the period, which will very likely differ from 200% of the return of DRAM for that period. Longer holding periods, higher volatility of DRAM, and leverage increase the impact of compounding on an investor's returns. During periods of higher DRAM volatility, the volatility of DRAM may affect the Fund's return as much as, or more than, the return of DRAM.

Roundhill T-REX 2X Long DRAM Daily Target ETF is headquartered in US.

Roundhill T-REX 2X Long DRAM Daily Target ETF (RAM) stock trades at $12.17 with a market capitalization of $460.87M. The stock is valued at a negative price-to-earnings (P/E) ratio of -457.52, reflecting a net loss over the last twelve months, price-to-book of 1.73, price-to-sales of 0.00. Over the past 52 weeks the stock has ranged between $8.29 and $33.11, and currently trades 63.2% below its 52-week high.

On profitability, Roundhill T-REX 2X Long DRAM Daily Target ETF generates a return on equity (ROE) of -0.38% (negative, reflecting a net loss), return on capital employed of -1.61%.

Official website: www.roundhillinvestments.com/etf/ram/