MEML — Defiance Pure Memory Daily 2X Strategy ETF
Data updated: 2026-09-30
MEML — Defiance Pure Memory Daily 2X Strategy ETF. 1.31% expense ratio · since 2026 · Leveraged. Holdings, fees, performance and SEC filings.
MEML Fund Overview
MEML — Defiance Pure Memory Daily 2X Strategy ETF is a US ETF managed by Tidal Trust V, categorised as Leveraged. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Tidal Trust V
- Category: Leveraged
- Ticker: MEML
- SEC CIK: 0002081107
- SEC series ID: S000107040
- Share class ID: C000277927
MEML Investment Objective and Strategy
Defiance Pure Memory Daily 2X Strategy ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Tidal Trust V.
Investment objective
The Fund seeks daily investment results, before fees and expenses, that correspond to two times (2X) the performance of an actively-managed group of “Pure Memory Companies” securities (described below) for a single day (the group of equity securities is referred to as the “Target Portfolio”).
Principal investment strategy
The Fund is an actively managed exchange-traded fund (“ETF”) that seeks daily leveraged investment results, before fees and expenses, that correspond to two times (2X) the performance of an actively managed group of “Pure Memory Company” securities (described below) (the “Target Portfolio”) by employing derivatives, namely swap agreements and/or listed options contracts. Because the Target Portfolio is actively managed and may change from time to time, the Fund's then-current Target Portfolio will be available on the Fund's website at www.defianceetfs.com . The Fund does not seek to achieve its stated investment objective for a period of time different than a trading day. The terms “daily,” “day,” and “trading day,” refer to the period from the close of the markets on one trading day to the close of the markets on the next trading day, generally 4:00 p.m.
Eastern Time. The Fund defines Pure Memory Companies as companies that derive at least 50% of their annual revenue from, or have at least 50% of their operating activity engaged in, the design, development, manufacturing, or commercialization of memory semiconductor technologies. Pure Memory Companies include, but are not limited to, companies engaged in: ● The design, manufacture, or sale of dynamic random-access memory (“DRAM”), including High Bandwidth Memory (“HBM”), Low Power Double Data Rate (“LPDDR”), and other advanced DRAM architectures; ● The design, manufacture, or sale of NOT AND (“NAND”) flash memory, including 3D NAND, Quad-Level Cell (“QLC”), or other advanced flash storage technologies; or ● The development or commercialization of emerging memory technologies, including storage class memory (“SCM”), magnetoresistive random-access memory (“MRAM”), resistive random-access memory (“ReRAM”), or phase-change memory (“PCM”); ● The production of memory controllers, interfaces, or packaging technologies, including advanced chip stacking and through-silicon via (“TSV”) architectures, that are essential to me
MEML Costs and Fees
MEML costs about $131 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.31%
- Gross expense ratio: 1.31%
MEML Debt Constituents
No individual debt constituents are reported in Defiance Pure Memory Daily 2X Strategy ETF's latest SEC N-PORT filing.
MEML Prospectus and SEC Filings
Official Defiance Pure Memory Daily 2X Strategy ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Leveraged funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.