Kurv Memory Select ETF (KMEM)

The Kurv Memory Select ETF (KMEM) is a fund from Kurv Investment Management that focuses on companies involved in computer memory and data storage.

Its holdings are drawn from the memory segment of the semiconductor industry, which includes producers of DRAM and NAND flash chips, makers of high-bandwidth memory used in artificial intelligence accelerators, and related storage and equipment companies. Memory makers are concentrated in a handful of countries, notably the United States, South Korea and Japan, so the fund's holdings may span several markets.

The fund offers targeted exposure to a cyclical niche of the chip industry that is closely tied to demand from data centers, personal computers and smartphones.