Woofun AI reports that Roundhill Investments and T-REX have jointly deployed the Roundhill T-REX 2X Long DRAM Daily Target ETF, trading under the ticker $RAM. The product commenced trading on the Cboe Exchange on June 24, 2026, aiming to amplify the daily performance of the underlying Roundhill Memory ETF ($DRAM) by 200%. As an actively managed vehicle, $RAM employs daily rebalancing to maintain its leverage target, though options trading is currently unsupported. The fund structure involves holding investment exposure exceeding net assets through leverage mechanisms.

Concurrently, the total expense ratio stands at 1.50% annually, with a net expense ratio of 1.25% per year; a fee waiver arrangement remains in effect until September 30, 2027. Investors should note that the underlying $DRAM asset was also listed in 2026, meaning there is no historical performance or volatility data available for reference.