Yorkville America (NRAM) launched the Yorkville America Next Generation Memory Index ETF (ticker: NRAM) on September 10, 2026, trading on NYSE Arca and NYSE Texas.
The passively managed ETF seeks to track the YA MarketVector™ Next Generation Memory Index (MVRAM), which targets 20 companies tied to the design, development, manufacture, and supply of physical memory technologies that support AI and related digital infrastructure. The index is reconstituted and rebalanced quarterly, with dedicated memory companies capped at 15% and diversified memory companies capped at 4.5% on a modified float-adjusted market capitalization basis. Fund terms include an expense ratio of 0.60%, annual distribution frequency, and passive management, with Tidal Investments serving as sub-adviser and PINE Distributors as distributor.