ARKA-MEM

Arka AI Memory Tax

US-listed equity factor capturing the companies positioned to solve, monetize, or control the AI "memory tax" — HBM and advanced DRAM, NAND climbing into the memory hierarchy, CXL pooling and KV-cache offload, high-capacity server memory, advanced packaging, and control of the standards shaping the post-HBM architecture.

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Inception (live)

2025-01-01

Universe

US-listed equities (AI memory stack)

Holdings

Rebalance

Quarterly

Performance as of

2026-10-09

Holdings as of

2026-03-31

Performance

Cumulative return since inception · daily

Period	Factor	S&P 500	Excess
1M	-6.42%	+1.65%	-8.07%
3M	-7.17%	+4.45%	-11.62%
YTD	+128.81%	+14.17%	+114.64%
1Y	+211.29%	+15.67%	+195.62%
ITD	+396.20%	+33.17%	+363.03%

Exposure

Latest rebalance · 2026-03-31

Information Technology

100.0%

Holdings

Browse weights by rebalance

Quarter

showing 10 holdings · sum 99.99%

Ticker	Sector	Sub-industry	Weight	Δ vs prev
MU	Information Technology	Semiconductors	20.00%	+2.92 pp
INTC	Information Technology	Semiconductors	14.41%	-5.59 pp
LRCX	Information Technology	Semiconductor Materials & Equipment	12.56%	NEW
AMD	Information Technology	Semiconductors	11.66%	+0.97 pp
AMAT	Information Technology	Semiconductor Materials & Equipment	11.65%	NEW
SNDK	Information Technology	Technology Hardware, Storage & Peripherals	11.10%	-2.44 pp
MRVL	Information Technology	Semiconductors	7.74%	-2.60 pp
NVDA	Information Technology	Semiconductors	7.63%	NEW
ADEA	Information Technology	Application Software	2.21%	NEW
RMBS	Information Technology	Semiconductors	1.03%	NEW
ONTO	removed this quarter		10.78%	─10.78 pp
ALAB	removed this quarter		6.71%	─6.71 pp
AMKR	removed this quarter		4.50%	─4.50 pp
QCOM	removed this quarter		3.98%	─3.98 pp
IBM	removed this quarter		2.36%	─2.36 pp

Risk Stats

Since inception · daily basis

Beta vs S&P 500

2.42

Annualized volatility

68.9%

Sharpe ratio

1.66

Information ratio

1.60

Max drawdown

-54.2%

Tracking error vs SPY

60.3%