Summary
Tema Memory ETF is an ETF - a fund traded on an exchange like a stock - run by Tema. Positions inside: 18. The ten largest make up 86% of the fund.
- Yearly costs
- 0.75%
- Fund size
- $52.3M
- Positions
- 18
- Running since
- 2026
What speaks for it
Nothing stands out in its favour.
What to watch
- The ten largest positions make up 86% of the fund, so its result rests on a few names.
- 100% of the fund is in one sector (Technology).
- Costs of 0.75% a year are above the middle of comparable funds (0.43%).
- In the last five years its price once dropped by 45% from its high.
- A young fund: it has been running only since 2026.
- A small fund with $52.3M under management; small funds get closed more often.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -19%
- 3 months
- -2.8%
- Avg. market cap
- $343.7B
- P/E
- 10.1x
- Forward P/E
- -
- P/S
- 5.7x
- P/B
- 5.9x
- P/FCF
- 17.5x
- EV/EBITDA
- 8.6x
- Dividend yield
- 0.09%
- ROIC
- 44.1%
- ROE
- 95.2%
- Gross margin
- 64.0%
- Operating margin
- 60.5%
- Net margin
- -32.5%
- Payout ratio
- 0.9%
- Net debt/EBITDA
- -0.1x
- Beta
- 8.44
Weighted average of the 15 largest companies, which make up 93% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 SNSandisk SNDK 19%
- 2 28Kioxia Holdings Corp. 285A.T 15%
- 3 00SK hynix Inc. 000660.KS 15%
- 4 MUMicron MU 8.6%
- 5 CHANGXIN MEMORY TECHNOLOGIES-SWAP-MREX-L 5.8%
- 6 00Samsung Electronics Co., Ltd. 005930.KS 5.0%
- 7 40SK Square Co., Ltd. 402340.KS 4.4%
- 8 24Nanya Technology Corporation 2408.TW 4.3%
- 9 STSeagate STX 3.9%
- 10 WDWestern Digital WDC 3.9%
Positions in the fund: 18. The ten largest make up 86% of it.
Composition as of Oct 23, 2026.
Where is it spread?
One sector dominatesBy sector
- Technology 100%
By country
- United States 39%
- South Korea 25%
- Japan 15%
- Taiwan 11%
- Other countries 9.2%
By company size
- Mega cap 32%
- Large cap 63%
- Mid cap 1.5%
- Small cap 3.9%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 93% of the fund.
Largest sector: Technology (100%). Largest country: United States (39%). Largest size group: Large cap (63%).
What does it cost me?
Expensive- A year from $10,000
- $75.00
- Over 20 years
- $3,544
From every $10,000 invested the fund takes $75.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,544.
How has it done?
- Deepest drop
- -45%
It has traded for less than a year, too short to judge.
Does it pay dividends?
We have no record of payments from this fund.
Is it easy to buy and sell?
Yes- Traded a day
- $7.65M
- Shares a day
- 269K
On an average day about $7.65M of the fund changes hands.
How expensive are the companies inside?
Rather cheap- P/E of the companies inside
- 10.1
- Average Bulios Score
- 80 out of 100
Weight by Bulios Fair Price
- Undervalued 25%
- Fairly valued 3.2%
- Overvalued 72%
On average the companies inside trade for 10.1 times their yearly profit. By Fair Price, 72% of the rated weight comes out as overvalued.
Counted from its largest companies (15), which make up 93% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
DR DRUP.DE Amundi Global Memory Chips UCITS ETF Acc | Luxembourg | 0.45% | $166.1M | +14% | Reinvests | 51% |
DR DRMY XFUNDS MEMORY INCOME ETF | United States | 0.99% | $1.85M | - | Pays out | 49% |
DR DRAM Roundhill Memory ETF | United States | 0.65% | $1.75B | - | - | 42% |
NR NRAM Yorkville America Next Generation Memory Index ETF | United States | 0.60% | $378.2K | - | - | 34% |
HE HEMI Hartford Equity Premium Income ETF | United States | 0.58% | $37.0M | - | Pays out | 31% |
NE NECK xETFs AI Bottlenecks ETF | United States | 0.75% | $195.8K | - | - | 26% |
