DRAM's First-Month Surge, Corgi Launches Record 34 ETFs | ETF IQ 5/11/2026
Speakers
Mayuranki De
— Vice President of ETF Strategy, Raymond James
Cinthia Murphy
— Investment Strategist, TMX
Summary
The episode of Bloomberg ETF IQ examines recent ETF trends, including the record-breaking inflows into the DRAM memory ETF, the divergence between small-cap outperformance and lack of flows, and Morgan Stanley's entry into the spot Bitcoin ETF space. The show also covers Corgi Funds' launch of 34 new ETFs and the growing appeal of CLO ETFs for yield-seeking investors.
- DRAM ETF (DRAM) reached $6.5 billion in 36 days, the fastest ever.
- Small caps are outperforming large caps year-to-date, but investors are not buying.
- CLO ETFs are attracting strong inflows due to attractive yields and new accessibility.
- Morgan Stanley launched a low-fee Bitcoin ETF (14 bps), signaling growing institutional adoption.
- Corgi Funds set a record with 34 ETF launches in one day, spanning themes like lithography and buffers.
- The Justice Department's reclassification effort boosted cannabis ETF MSOS, but it remains down 88% since launch.
- Institutional investors are selective with thematic ETFs, preferring defense and electrification.
- Retail-driven momentum in DRAM raises questions about sustainability.
Trade Ideas
DRAM retail momentum could reverse.
The rapid inflows into the DRAM memory ETF are driven by retail momentum, and when the underlying names are perceived as overvalued or overbought, this momentum could reverse, leading to potential outflows.
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This Bloomberg Markets video, published May 11, 2026, features Mayuranki De discussing DRAM. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: Mayuranki De · Tickers: DRAM