XFUNDS Launches Memory ETF Combining AI Exposure With Weekly Income

XFUNDS has launched the XFUNDS Memory Income ETF (NYSE: DRMY), an actively managed ETF that combines exposure to the AI memory semiconductor industry with an options-based income strategy. The fund invests across the memory ecosystem—including companies involved in HBM, DRAM, NAND, NOR, SSDs, HDDs, and embedded memory technologies—targeting businesses expected to benefit from rising AI and high-performance computing demand. To generate income, DRMY employs actively managed options strategies, including synthetic covered calls and credit call and put spreads, with the goal of delivering weekly cash distributions while maintaining exposure to the sector's long-term growth potential.