T-REX 2X Inverse DRAM Daily Target ETF (RAMZ)

The T-REX 2X Inverse DRAM Daily Target ETF (RAMZ) is an inverse leveraged exchange-traded fund in the T-REX lineup from REX Financial that seeks daily results equal to two times the inverse (-2x) of the daily performance of an exposure to the computer memory industry, linked to Roundhill's DRAM memory strategy.

Memory chips, including DRAM and high-bandwidth memory, are produced by a small group of large manufacturers, and the sector is known for pronounced price and demand cycles. The fund is designed to gain when that exposure declines over a single day and uses swaps and other derivatives to obtain its position.

Because the target resets daily, returns over longer periods can differ substantially from -2x the cumulative performance of the underlying exposure.