CRAM

Defiance China Memory ETF is a passively managed exchange-traded fund that seeks to replicate the price and yield performance, before fees and expenses, of the BITA China Memory Index. The fund provides targeted, market-capitalization-weighted exposure to companies listed on exchanges in mainland China and Hong Kong that are engaged across the memory and storage semiconductor value chain, including DRAM, NAND flash, memory interface chips, modules, packaging, testing, and dedicated production equipment.