
DRAM vs MU VS KOSPI
I have both MU and dram from may 2026. Checking trends after few months, While till June 2026 all were reflecting similar growth , but from july it changed after kospi crash.
Though MU is almost near ATH now, DRAM Is not near june levels.
It is due to DRAM is much more tied with international exposure with SKHY and samsung.
Two things that are contributing
- DRAM trends closely with the KOSPI because South Korean memory giants Samsung Electronics and SK Hynix dominate both the ETF's portfolio and the KOSPI index itself, directly tethering the fund's net asset value to South Korean market sentiment and Korean Won currency movements.
- Samsungs portion of contributing to DRAM etf is not only memory portion. But whole of samsung. So it is not pure memory.
Looking at ytd trend, it shows DRAM is closely reflecting KOSPI more. I think till kospi recovers to earlier ATH, DRAM also does not reach that though MU can further outgrow the earlier ATH.
I might be wrong, happy to hear your thoughts on this, so that i can plan next actions based on this.