Memory etf

Screening Filters

1. Theme: Technology Equities

   • Purpose: Focus on ETFs that primarily invest in technology-related stocks.
   • Rationale: A “memory ETF” would almost certainly be classified under technology, since DRAM, NAND, and storage are all part of the semiconductor/tech hardware space. Using this theme cuts out non‑tech equity funds and non‑equity products that won’t have exposure to memory chip makers.

2. Sector: Technology

   • Purpose: Further narrow the universe to funds whose main sector exposure is technology.
   • Rationale: Even within broader themes, some ETFs are diversified across multiple sectors. Limiting to the Technology sector increases the chance that the ETF is concentrated in semiconductors, storage, and related hardware/software – the natural home for memory-focused companies.

3. Stock Position %: MoreThan90Pct

   • Purpose: Only include ETFs that hold more than 90% of their assets in individual stocks.
   • Rationale: This favors “pure-play” equity ETFs over mixed-asset or derivative-heavy strategies. For a memory ETF, you typically want direct exposure to memory and storage companies’ shares, not a fund dominated by cash, bonds, or complex overlays.

4. Holdings: MU, WDC, STX

   • Purpose: Require that the ETF holds:

     • MU = Micron Technology
     • WDC = Western Digital
     • STX = Seagate Technology

   • Rationale: These three are core names in the memory/storage space:

     • Micron: DRAM and NAND memory
     • Western Digital & Seagate: leading storage drive manufacturers

     Any ETF that is genuinely “memory-focused” or has strong exposure to the memory/storage theme is very likely to hold at least one (and usually more) of these. Using them as required holdings targets funds with direct, meaningful exposure to the memory industry rather than generic tech ETFs.

5. Expense Ratio: max 0.75

   • Purpose: Filter out ETFs with very high fees.
   • Rationale: Specialized thematic ETFs (like a memory/semiconductor niche) often charge more than broad index funds, but keeping the cap at 0.75% helps avoid the most expensive products while still allowing thematic funds to appear. This balances cost-consciousness with the reality of niche ETF pricing.

Why Results Match Your “Memory ETF” Query

• The Technology theme and sector make sure the ETFs are truly in the tech/semiconductor ecosystem, where memory and storage companies operate.
• The >90% stock allocation emphasizes funds with direct equity exposure rather than mixed or derivative-heavy strategies.
• The required holdings in MU, WDC, and STX specifically anchor the screen in key memory and storage players, making it highly likely the resulting ETFs are either memory/semiconductor funds or at least have strong exposure to that segment.
• The expense ratio cap ensures the ETFs are not excessively costly, while still being realistic for specialized, memory-related themes.

Together, these filters aim to surface ETFs that are technology-focused, equity-heavy, and explicitly invested in major memory/storage companies—matching what most investors mean when they ask for a “memory ETF.”