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Added to YB: 2026-08-21

Pitch date: 2026-08-18

DISK [neutral]

Tema ETF Trust - Tema Memory ETF

-1.13%

current return

Author Info

Monte Independent Investment Research is a small- and mid-cap industrials research firm that specializes in uncovering value in small- and mid-cap industrials through a hybrid research approach that blends top-down market analysis with bottom-up company fundamentals. Sign up for the newsletter.

Company Info

Tema ETF Trust - Tema Memory ETF is an exchange traded fund launched and managed by Tema ETFs LLC. It is co-managed by Tidal Investments LLC.

Show full summary:
Monte Investments Market Brief Vol CXXIV - $DISK

DISK (overview): Tema Memory ETF, launched June 2026 on NYSE Arca, plays structural DRAM/NAND/HBM upcycle from AI buildout (HBM3E uses 16x bits of DDR5; no new capacity until 2027-28). Active, 16-holding concentrated fund, 70%+ intl exposure, 75bps fee. Top: SNDK 14.5%, Kioxia, SKHY. Risks: concentration, low liquidity ($83mm AUM), AI capex/agentic adoption slowdown, oversupply post-2028.

Read full article (8 min)