HBMX - ETF AI Analysis
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Tuttle Capital Concentrated Memory Stack ETF (HBMX)
Rating:61Neutral
Price Target:―
Positive Factors
Strong Performance from Key Chip Stocks
Several of the largest semiconductor-related holdings have shown strong gains, helping support the fund despite recent weakness.
Focused Exposure to the Memory and Chip Supply Chain
The ETF concentrates on companies tied to memory and related technology, giving investors targeted access to this specific growth theme.
Meaningful Asset Base
The fund has gathered a solid level of assets under management, suggesting there is enough size for basic trading and investor interest.
Negative Factors
Recent Weak Overall Performance
The ETF has experienced weak returns over the past month, quarter, and year-to-date, which may concern investors looking for steadier results.
High Concentration in Technology
A large majority of the portfolio is in technology-related names, increasing the risk if this sector faces a downturn.
Relatively High Expense Ratio
The fund charges a higher fee than many broad-market ETFs, which can eat into long-term returns for buy-and-hold investors.
HBMX vs. SPDR S&P 500 ETF (SPY)
AUM26.84M
RegionGlobal
Expense Ratio0.95%
Beta2.39
IssuerTuttle Capital
Inception DateJun 02, 2026
Dividend YieldN/A
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume29,536
30 Day Avg. Volume67,717
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
31.83Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering24
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
HBMX Summary
HBMX is the Tuttle Capital Concentrated Memory Stack ETF, a fund focused on companies tied to computer memory and chips, especially those powering AI, cloud computing, and big data. It doesn’t track a broad index, but instead follows a memory-technology theme, holding firms that make or support DRAM, NAND, and high-bandwidth memory. Well-known names in the fund include Micron and ASML. Someone might invest for targeted growth in the memory chip boom rather than a general tech fund. However, because it’s concentrated in one corner of the tech sector, its price can swing sharply up or down.
How much will it cost me?This ETF has an expense ratio of 0.95%, which means you’ll pay about $9.50 per year for every $1,000 invested. That’s higher than the average ETF because it’s actively managed and focuses on a specialized niche in memory semiconductor stocks, which typically costs more to run than broad, passive index funds.
What would affect this ETF?HBMX could benefit if demand for AI, cloud computing, and data centers keeps growing, since its concentrated mix of global memory chip makers and equipment suppliers like Micron, ASML, and Applied Materials is closely tied to these trends. On the downside, the fund may be hurt by rising interest rates, slowdowns in tech spending, sharp swings in the semiconductor cycle, or new trade and export rules that restrict global chip and equipment sales.
HBMX Top 10 Holdings
HBMX is a pure play on the global memory chip boom, with Micron acting as the main engine thanks to its rising momentum and central role in AI-focused DRAM and HBM. SK Hynix adds another steady push from Asia, but several key enablers are losing a bit of grip: Onto Innovation, Camtek, and Lam Research have been lagging lately, and testing giant Advantest has also stumbled. With all roads leading back to memory semiconductors and most holdings outside the U.S., this fund is a tightly focused, high-octane bet rather than a broad tech basket.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Micron | 9.98% | $2.54M | $1.15T | 534.16% | 79 Outperform | |
| Advantest | 6.99% | $1.78M | $141.97B | 104.15% | 59 Neutral | |
| Penguin Solutions | 6.11% | $1.56M | $2.73B | 96.81% | 61 Neutral | |
| SK Hynix | 5.97% | $1.52M | $994.82B | ― | ― | |
| Onto Innovation | 5.61% | $1.43M | $12.93B | 112.10% | 82 Outperform | |
| Camtek | 5.57% | $1.42M | $6.96B | 45.78% | 76 Outperform | |
| ASML Holding | 5.11% | $1.30M | $633.20B | 78.67% | 81 Outperform | |
| SanDisk Corp | 5.02% | $1.28M | $262.36B | 1616.52% | 55 Neutral | |
| Lam Research | 4.19% | $1.07M | $360.52B | 128.65% | 77 Outperform | |
| Kioxia Holdings Corporation Unsponsored ADR | 4.17% | $1.06M | $190.11B | 1031.70% | ― |
HBMX Technical Analysis
Positive
―
Price Trends
23.50
Positive
Market Momentum
-0.06
Negative
59.44
Neutral
84.75
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For HBMX, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 23.01, equal to the 50-day MA of 23.50, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of -0.06 indicates Negative momentum. The RSI at 59.44 is Neutral, neither overbought nor oversold. The STOCH value of 84.75 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HBMX.
HBMX Peer Comparison
Comparison Results
Performance Comparison
HBMX
Tuttle Capital Concentrated Memory Stack ETF
24.93
-2.32
-8.51%
FFND
Future Fund Active ETF
―
―
―
TEK
iShares Technology Opportunities Active ETF
―
―
―
GGTL
Gabelli Global Technology Leaders ETF
―
―
―
XDAT
Franklin Exponential Data ETF
―
―
―
EYES
Corgi Data & Surveillance ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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