Yorkville America Launches NRAM ETF Targeting AI Memory Infrastructure
Mountainside, N.J. – September 15, 2026 -- Yorkville America Equities, LLC launched the Next Generation Memory Index ETF (NRAM) on September 10, 2026, giving investors direct exposure to the memory and storage layer underpinning artificial intelligence infrastructure.
NRAM begins trading on NYSE Arca and NYSE Texas with a 0.60% expense ratio
The passively managed fund tracks the YA MarketVector Next Generation Memory Index (MVRAM), effective August 28, 2026, and pays distributions annually with quarterly index rebalancing.
Index caps concentration risk through tiered weighting rules
MVRAM targets 20 constituents selected for their role in designing, developing, manufacturing or supplying physical memory technologies. Dedicated memory companies are capped at 15% of index weight, while diversified memory companies are capped at 4.5%, using a modified float-adjusted market-capitalization methodology.