{
 "ticker": "PRAM",
 "name": "Defiance Memory & Photonics ETF",
 "issuer": "Defiance",
 "desk": "themes",
 "url": "https://etfiq.com/funds/PRAM",
 "html": "https://etfiq.com/funds/PRAM",
 "markdown": "https://etfiq.com/funds/PRAM.md",
 "as_of": "2026-09-11",
 "verdict": "PRAM has not filed its holdings yet, so there is nothing to look through.",
 "key_facts": [
  {
   "key": "total_return_since_launch",
   "label": "Total return, since launch",
   "value": "\u22124.1%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "PRAM, total return, since launch: \u22124.1%, as of Sep 11, 2026."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.65%",
   "source": "485BPOS XBRL, Aug 10, 2026",
   "as_of": "2026-09-11",
   "sentence": "PRAM, expense ratio: 0.65% (485BPOS XBRL, Aug 10, 2026)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Memory and storage",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Aug 27, 2026",
   "source": null
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u22125.4%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.65%",
   "source": "485BPOS XBRL, Aug 10, 2026"
  }
 ],
 "periods": [
  {
   "window": "Since launch",
   "Total return": "\u22124.1%",
   "S&P 500": "\u22120.9%",
   "Gap to S&P 500": "\u22123.2 pts",
   "Gap to Nasdaq-100": "\u22123.3 pts"
  }
 ],
 "questions": [
  {
   "q": "Has PRAM beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 PRAM returned \u22124.1% with distributions reinvested, against \u22120.9% for the S&P 500, so it finished behind the index by 3.2 points."
  },
  {
   "q": "What does PRAM cost?",
   "a": "The prospectus expense ratio is 0.65% a year."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}