Defiance Launches Europe’s First Memory Semiconductor ETF

Defiance has launched the Defiance Memory UCITS ETF (DRAM), Europe’s first ETF focused on memory semiconductors and data storage companies. Listed on Xetra and Borsa Italiana with a total expense ratio (TER) of 0.69%, the fund provides exposure to firms involved in the development, manufacturing, commercialization, and storage of memory technologies. The launch comes as AI, cloud computing, and data center expansion drive demand for advanced memory products, with industry forecasts pointing to potential supply shortages and sharply higher DRAM and SSD prices through 2026.