Company Website: https://nicholasx.com
ATLANTA -- (Business Wire)

XFUNDS, a leading provider of actively managed ETFs, today adds the XFUNDS Memory Income ETF (NYSE: DRMY) to its growing ETF lineup. Launched in partnership with Tidal Investments LLC, the actively-managed fund seeks exposure to companies driving advances in memory semiconductors while generating income through an options-based strategy.

DRMY invests in equities across the memory semiconductor ecosystem, including businesses involved in the development, manufacture, and enablement of memory technologies. The portfolio includes companies focused on high-bandwidth memory (HBM), dynamic random-access memory (DRAM), NAND (not-and) flash memory, solid-state drives (SSD), NOR (not-or) flash memory, hard disk drives (HDD), and specialty, application-specific, or embedded memory products. Using a proprietary selection process, the fund seeks to identify market leaders it believes are well-positioned to benefit from growing demand for memory solutions supporting artificial intelligence and high-performance computing.

The ETF also seeks to generate premium income using options contracts on the individual equity holdings. By leveraging strategies like synthetic covered calls and credit call and put spreads, DRMY aims to provide weekly cash distributions.

“Memory has become a critical part of the infrastructure behind AI, with demand extending well beyond chip manufacturers to the broader memory ecosystem,” said David Nicholas, CEO of XFUNDS. “Investors shouldn't have to choose between participating in that growth and seeking current income. DRMY was built to pursue both through targeted exposure to the memory market and an actively managed options strategy.”

DRMY joins XFUNDS’ expanding ETF suite, which pairs thematic exposure with derivative components across asset classes. The lineup includes the Nicholas Fixed Income Alternative ETF (FIAX), the Nicholas Global Equity and Income ETF (GIAX), the Nicholas Crypto Income ETF (BLOX), the Nicholas Gold Income ETF (GLDN), the Nicholas Silver Income ETF (SLVX), the Nicholas Nuclear Income ETF (NUKX), the Nicholas Defense and Rare Earth Income ETF (WEPN), the Nicholas Bitcoin Tail ETF (BHDG), the Nicholas Bitcoin and Treasuries AfterDark ETF (NGHT), and the Fitz-Gerald Must Have Portfolio® ETF (FITZ).

Learn more about XFUNDS here: https://nicholasx.com/.

About XFUNDS

XFUNDS by is a leading provider of actively managed ETFs. XFUNDS’ research primarily focuses on seeking to mitigate risk by utilizing derivatives and income-producing securities. The firm’s strategies attempt to find non-correlated returns in both up and down-market cycles. They use distinct tactics to measure risk and minimize portfolio volatility. DRMY joins a growing fund lineup that includes: FIAX, GIAX, BLOX, GLDN, SLVX, NUKX, WEPN, BHDG, NGHT, and FITZ. Learn more at nicholasx.com.

About Tidal Investments LLC

Formed by ETF industry pioneers and thought leaders, Tidal Investments LLC sets out to revolutionize the way ETFs have historically been developed, launched, marketed, and sold. With a focus on growing AUM, Tidal offers a comprehensive suite of services, proprietary tools, and methodologies designed to bring lasting ideas to market. Tidal is an advocate for ETF innovation. The firm is on a mission to provide issuers with the intelligence and tools needed to efficiently and to effectively launch ETFs and to optimize growth potential in a highly competitive space. For more information, visit https://www.tidalfinancialgroup.com/.

Important Information

The Fund may not achieve its investment objective and there is no guarantee that the Fund will achieve or maintain any specific level of premiums or distributions. The Fund is not a complete investment program. Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please call (855) 563-6900 or visit our website at www.nicholasx.com. Read the prospectus or summary prospectus carefully before investing.

Memory Companies Risk. Memory Companies may have limited product lines, markets, financial resources or personnel and are subject to the risks of changes in business cycles, world economic growth, technological progress and government regulation. These companies are also heavily dependent on intellectual property rights, and challenges to or misappropriation of such rights could have a material adverse effect on such companies.

Semiconductor Companies Risks. Competitive pressures may have a significant effect on the financial condition of semiconductor companies and, as product cycles shorten and manufacturing capacity increases, these companies may become increasingly subject to aggressive pricing, which hampers profitability.

Technology Sector Risk. The Fund will invest substantially in companies in the information technology sector, and therefore the performance of the Fund could be negatively impacted by events affecting this sector. Market or economic factors impacting technology companies and companies that rely heavily on technological advances could have a significant effect on the value of the Fund’s investments.

Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indices. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.

Concentration Risk. The Fund will have economic exposure that is concentrated in industries comprising the information technology sector. To the extent that the Fund concentrates in a group of industries, it will be subject to the risk that economic, political, or other conditions that have a negative effect on that group of industries will negatively impact them to a greater extent than if its assets were invested in a wider variety of industries.

Foreign Investment Risk. The Fund will invest in foreign securities, including non-U.S. dollar-denominated securities traded outside of the United States and U.S. dollar-denominated securities of foreign issuers traded in the United States.

Distribution Risk. The Fund seeks to provide weekly cash distributions. There is no assurance that the Fund will make a distribution in any given week. If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next. Additionally, the weekly distributions, if any, may consist of returns of capital, which would decrease the Fund’s NAV and trading price over time. As a result, an investor may suffer significant losses to their investment.

Non-Diversification Risk. Because the Fund is “non-diversified”, it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund. As a result, a decline in the value of an investment in a single issuer or a smaller number of issuers could cause the Fund’s overall value to decline to a greater degree than if the Fund held a more diversified portfolio.

High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings. A high portfolio turnover rate increases transaction costs, which may increase the Fund’s expenses.

New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

Distributed by Foreside Fund Services, LLC.

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Contacts:

Media contact:
Gregory Agency for XFUNDS
xfunds@gregoryagency.com

Source: Nicholas Wealth Management