---
title: Research | Roundhill Investments | Thomas DiFazio (4)
description: Thomas is an ETF Strategist at Roundhill Investments. Prior to joining Roundhill, Thomas worked at Strategas Securities on the institutional research desk, specializing in technical macro research and asset allocation. (4)
---

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[![Image of Thomas DiFazio](https://blog.roundhillinvestments.com/hs-fs/hubfs/TAD%20Headshot.jpg?width=80&height=80&name=TAD%20Headshot.jpg)](https://blog.roundhillinvestments.com/author/thomas-difazio)

Posts by

[Thomas DiFazio](https://blog.roundhillinvestments.com/author/thomas-difazio)

Thomas is an ETF Strategist at Roundhill Investments. Prior to joining Roundhill, Thomas worked at Strategas Securities on the institutional research desk, specializing in technical macro research and asset allocation.

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/Email%20CCML%20%232.png?width=480&name=Email%20CCML%20%232.png)](https://blog.roundhillinvestments.com/what-is-an-mlcc)

### [What is an MLCC](https://blog.roundhillinvestments.com/what-is-an-mlcc)

[Read More  →](https://blog.roundhillinvestments.com/what-is-an-mlcc)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/XX%20%C2%B7%20Email%20header%20%C2%B7%20Launching.png?width=480&name=XX%20%C2%B7%20Email%20header%20%C2%B7%20Launching.png)](https://blog.roundhillinvestments.com/meet-xx)

### [Meet XX: The Road to 10,000](https://blog.roundhillinvestments.com/meet-xx)

Introducing the Roundhill S&P 500 Target 10,000 2030 ETF For most investors seeking long-term...

[Read More  →](https://blog.roundhillinvestments.com/meet-xx)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/Email%20DRAM%238.png?width=480&name=Email%20DRAM%238.png)](https://blog.roundhillinvestments.com/dram-break-out-watch)

### [Memory Serves: DRAM Break Out Watch](https://blog.roundhillinvestments.com/dram-break-out-watch)

Summary DRAM gave back 35% of its gains before spending the last two months rangebound. It’s...

[Read More  →](https://blog.roundhillinvestments.com/dram-break-out-watch)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/Email%20CCML%20%235.png?width=480&name=Email%20CCML%20%235.png)](https://blog.roundhillinvestments.com/mlccs-ai-cant-scale-without)

### [MLCCs: The 60-Year-Old Component AI Can't Scale Without](https://blog.roundhillinvestments.com/mlccs-ai-cant-scale-without)

The first multilayer ceramic capacitor (MLCC) became commercially available in 1965.1 While they’ve...

[Read More  →](https://blog.roundhillinvestments.com/mlccs-ai-cant-scale-without)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/Email%20CCML%20%232.png?width=480&name=Email%20CCML%20%232.png)](https://blog.roundhillinvestments.com/meet-ccml)

### [Meet CCML: An ETF for Precise MLCC Exposure](https://blog.roundhillinvestments.com/meet-ccml)

Multilayer ceramic capacitors (MLCCs) and electrical components are capturing a growing share of...

[Read More  →](https://blog.roundhillinvestments.com/meet-ccml)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/MAGS%20Landscape%20%232-3.png?width=480&name=MAGS%20Landscape%20%232-3.png)](https://blog.roundhillinvestments.com/mags-is-back)

### [MAGS is Back](https://blog.roundhillinvestments.com/mags-is-back)

MAGS is Back MAGS broke $70 on 9/3 and is on the verge of new 52-week highs as it closes its...

[Read More  →](https://blog.roundhillinvestments.com/mags-is-back)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/Email%20WFE%20%232.png?width=480&name=Email%20WFE%20%232.png)](https://blog.roundhillinvestments.com/what-are-semicaps)

### [Semicaps: The Picks and Shovels of Semis](https://blog.roundhillinvestments.com/what-are-semicaps)

Most conversations about semiconductors focus on the chips themselves, such as the GPUs training AI...

[Read More  →](https://blog.roundhillinvestments.com/what-are-semicaps)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/Email%20CCML%20%233.png?width=480&name=Email%20CCML%20%233.png)](https://blog.roundhillinvestments.com/what-are-mlccs)

### [What are MLCCs?](https://blog.roundhillinvestments.com/what-are-mlccs)

A multilayer ceramic capacitor, or MLCC, is among the smallest and least expensive parts inside a...

[Read More  →](https://blog.roundhillinvestments.com/what-are-mlccs)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/7-2.png?width=480&name=7-2.png)](https://blog.roundhillinvestments.com/roundhill-roundup-august-2026)

### [Roundhill Roundup - The Market’s Green Light](https://blog.roundhillinvestments.com/roundhill-roundup-august-2026)

In our view, the Situational Awareness blow up was the exclamation point to a significant leverage...

[Read More  →](https://blog.roundhillinvestments.com/roundhill-roundup-august-2026)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/Email%20LYTE%235-1.png?width=480&name=Email%20LYTE%235-1.png)](https://blog.roundhillinvestments.com/blinded-by-the-lyte)

### [Blinded by the LYTE](https://blog.roundhillinvestments.com/blinded-by-the-lyte)

Newer generations of large language models have gotten more efficient, but also more intensive with...

[Read More  →](https://blog.roundhillinvestments.com/blinded-by-the-lyte)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/Email%20NCLD%234.png?width=480&name=Email%20NCLD%234.png)](https://blog.roundhillinvestments.com/on-neocloud-nine)

### [On Neocloud Nine](https://blog.roundhillinvestments.com/on-neocloud-nine)

Due to increasingly power intensive generative AI workloads, the world is short on compute. Yet...

[Read More  →](https://blog.roundhillinvestments.com/on-neocloud-nine)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/9.png?width=480&name=9.png)](https://blog.roundhillinvestments.com/everybodys-buying-ai)

### [Everybody's Buying AI. Now What?](https://blog.roundhillinvestments.com/everybodys-buying-ai)

According to Ramp AI Index data, the share of U.S. businesses with paid subscriptions to AI models,...

[Read More  →](https://blog.roundhillinvestments.com/everybodys-buying-ai)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/8.png?width=480&name=8.png)](https://blog.roundhillinvestments.com/neocloud-companies-explained)

### [Neocloud Companies, Explained: The New Landlords of the AI Buildout](https://blog.roundhillinvestments.com/neocloud-companies-explained)

What is a neocloud company? A neocloud is a cloud provider built for one job: renting out...

[Read More  →](https://blog.roundhillinvestments.com/neocloud-companies-explained)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/5-2.png?width=480&name=5-2.png)](https://blog.roundhillinvestments.com/roundhill-roundup-july-2026)

### [Roundhill Roundup - Questions for 2H’26](https://blog.roundhillinvestments.com/roundhill-roundup-july-2026)

With another quarter of price action in the books, the first half of 2026 is now behind us. The S&P...

[Read More  →](https://blog.roundhillinvestments.com/roundhill-roundup-july-2026)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/6-1.png?width=480&name=6-1.png)](https://blog.roundhillinvestments.com/why-ai-needs-light)

### [Why AI Needs Light](https://blog.roundhillinvestments.com/why-ai-needs-light)

For two years, the AI hardware trade has been about raw power. Faster chips. More memory to keep...

[Read More  →](https://blog.roundhillinvestments.com/why-ai-needs-light)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/Roundup%20-%20Landscape-Jun-22-2026-04-14-23-4084-PM.png?width=480&name=Roundup%20-%20Landscape-Jun-22-2026-04-14-23-4084-PM.png)](https://blog.roundhillinvestments.com/roundhill-roundup-june-2026)

### [Roundhill Roundup - Growth vs. Value or AI vs. HALO?](https://blog.roundhillinvestments.com/roundhill-roundup-june-2026)

How much AI do you own in 2026? Modern portfolio construction is under newfound scrutiny as AI has...

[Read More  →](https://blog.roundhillinvestments.com/roundhill-roundup-june-2026)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/Email%20DRAM%231-2.png?width=480&name=Email%20DRAM%231-2.png)](https://blog.roundhillinvestments.com/dont-fear-the-memory-rally)

### [Don't Fear the Memory Rally](https://blog.roundhillinvestments.com/dont-fear-the-memory-rally)

The three biggest memory producers in the world, Samsung Electronics (005930 KS), SK hynix (000660...

[Read More  →](https://blog.roundhillinvestments.com/dont-fear-the-memory-rally)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/Email%20MARS%20%234.png?width=480&name=Email%20MARS%20%234.png)](https://blog.roundhillinvestments.com/houston-we-have-liftoff)

### [Houston, We Have Liftoff](https://blog.roundhillinvestments.com/houston-we-have-liftoff)

In 1957, there were three orbital launch attempts. In 2025, there were 329, a 25% increase over...

[Read More  →](https://blog.roundhillinvestments.com/houston-we-have-liftoff)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/Email%20LOHA%231-1.png?width=480&name=Email%20LOHA%231-1.png)](https://blog.roundhillinvestments.com/meet-loha)

### [The Stocks AI Can’t Disrupt: Meet LOHA](https://blog.roundhillinvestments.com/meet-loha)

As secular adoption of AI has matured, innovation and disruption have accelerated, challenging...

[Read More  →](https://blog.roundhillinvestments.com/meet-loha)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/Roundup%20-%20Landscape%2011.png?width=480&name=Roundup%20-%20Landscape%2011.png)](https://blog.roundhillinvestments.com/roundhill-roundup-may-2026)

### [Roundhill Roundup - Stocks Don’t Run on Oil](https://blog.roundhillinvestments.com/roundhill-roundup-may-2026)

On April 7, crude oil WTI (West Texas Intermediate) briefly traded above $115 a barrel. Six trading...

[Read More  →](https://blog.roundhillinvestments.com/roundhill-roundup-may-2026)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/ODD%20-%20Landscape%2011.png?width=480&name=ODD%20-%20Landscape%2011.png)](https://blog.roundhillinvestments.com/roundhill-roundup-april-2026)

### [Roundhill Roundup - Closer, But Not Clear](https://blog.roundhillinvestments.com/roundhill-roundup-april-2026)

No matter how you slice it, financial markets are under stress in 2026.

[Read More  →](https://blog.roundhillinvestments.com/roundhill-roundup-april-2026)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/Email%20DRAM%232-1.png?width=480&name=Email%20DRAM%232-1.png)](https://blog.roundhillinvestments.com/meet-dram)

### [Semi Exposure Isn’t Memory Exposure. Meet DRAM.](https://blog.roundhillinvestments.com/meet-dram)

The tailwinds for memory stocks are compelling, but how can you best access the theme? The global...

[Read More  →](https://blog.roundhillinvestments.com/meet-dram)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/E-mail-1.png?width=480&name=E-mail-1.png)](https://blog.roundhillinvestments.com/why-memory-stocks-keep-winning)

### [Why Memory Stocks Keep Winning](https://blog.roundhillinvestments.com/why-memory-stocks-keep-winning)

AI is raising memory demand faster than supply can respond, and that mismatch is poised to last.

[Read More  →](https://blog.roundhillinvestments.com/why-memory-stocks-keep-winning)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/Blog%20Email%20header-2.png?width=480&name=Blog%20Email%20header-2.png)](https://blog.roundhillinvestments.com/obesity-drug-boom)

### [The Obesity Drug Boom](https://blog.roundhillinvestments.com/obesity-drug-boom)

The weight loss drug industry is burgeoning with innovation and the Roundhill GLP-1 & Weight Loss...

[Read More  →](https://blog.roundhillinvestments.com/obesity-drug-boom)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/Roundup%20-%20Landscape-Mar-10-2026-02-07-20-1695-PM.png?width=480&name=Roundup%20-%20Landscape-Mar-10-2026-02-07-20-1695-PM.png)](https://blog.roundhillinvestments.com/roundhill-roundup-march-2026)

### [Roundhill Roundup - Midterms Are Here. So is Volatility.](https://blog.roundhillinvestments.com/roundhill-roundup-march-2026)

The 2026 midterm election cycle is underway. While the situation in Iran is dominating headlines,...

[Read More  →](https://blog.roundhillinvestments.com/roundhill-roundup-march-2026)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/HEader-2.png?width=480&name=HEader-2.png)](https://blog.roundhillinvestments.com/ai-disruption-is-everywhere)

### [AI Disruption is Everywhere](https://blog.roundhillinvestments.com/ai-disruption-is-everywhere)

A market rotation is underway and Technology stocks are in the crosshairs. Less than half of stocks...

[Read More  →](https://blog.roundhillinvestments.com/ai-disruption-is-everywhere)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/Roundup%20-%20Landscape%203-2.png?width=480&name=Roundup%20-%20Landscape%203-2.png)](https://blog.roundhillinvestments.com/roundhill-roundup-february-2026)

### [Roundhill Roundup - The Survey Says…](https://blog.roundhillinvestments.com/roundhill-roundup-february-2026)

In early January, Roundhill Investments conducted its first-ever market outlook survey, asking...

[Read More  →](https://blog.roundhillinvestments.com/roundhill-roundup-february-2026)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/Roundup%20-%20Landscape%205.png?width=480&name=Roundup%20-%20Landscape%205.png)](https://blog.roundhillinvestments.com/case-against-the-ai-bubble)

### [A Case Against the AI Bubble](https://blog.roundhillinvestments.com/case-against-the-ai-bubble)

A Case Against the AI Bubble The magnitude and speed of recent gains in AI stocks have naturally...

[Read More  →](https://blog.roundhillinvestments.com/case-against-the-ai-bubble)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/MAGS%20Landscape%20%232.png?width=480&name=MAGS%20Landscape%20%232.png)](https://blog.roundhillinvestments.com/mag-seven-a-bull-market-problem)

### [Magnificent Seven “Only” Up 23% in 2025: A Bull Market Problem](https://blog.roundhillinvestments.com/mag-seven-a-bull-market-problem)

A quick glance at recent headlines for the Magnificent Seven would make casual readers think the...

[Read More  →](https://blog.roundhillinvestments.com/mag-seven-a-bull-market-problem)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/CABZ%20Blog.png?width=480&name=CABZ%20Blog.png)](https://blog.roundhillinvestments.com/meet-cabz)

### [No Driver. No Problem. Meet CABZ](https://blog.roundhillinvestments.com/meet-cabz)

The future of transportation is leaving the laboratory and driving on roads near you (at least in...

[Read More  →](https://blog.roundhillinvestments.com/meet-cabz)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/Roundup%202026-1.png?width=480&name=Roundup%202026-1.png)](https://blog.roundhillinvestments.com/roundhill-roundup-january-2026)

### [Roundhill Roundup - Lessons from 2025, Setups for 2026](https://blog.roundhillinvestments.com/roundhill-roundup-january-2026)

A Look Back at 2025 Stocks in 2025 were defined by tariff fears, expectations on the Federal...

[Read More  →](https://blog.roundhillinvestments.com/roundhill-roundup-january-2026)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/HEader.png?width=480&name=HEader.png)](https://blog.roundhillinvestments.com/roundhill-thematic-year-in-review-2025)

### [Roundhill Thematic Year in Review](https://blog.roundhillinvestments.com/roundhill-thematic-year-in-review-2025)

With 2026 on the horizon, investors face the prospect of a shifting policy landscape with the...

[Read More  →](https://blog.roundhillinvestments.com/roundhill-thematic-year-in-review-2025)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/Blog%20Email%20header-1.png?width=480&name=Blog%20Email%20header-1.png)](https://blog.roundhillinvestments.com/portfolio-prognosis-investing-in-the-new-era-of-weight-loss-innovation)

### [Portfolio Prognosis: Investing in a New Era of Weight-Loss Innovation](https://blog.roundhillinvestments.com/portfolio-prognosis-investing-in-the-new-era-of-weight-loss-innovation)

Are Health Care Stocks Back?

[Read More  →](https://blog.roundhillinvestments.com/portfolio-prognosis-investing-in-the-new-era-of-weight-loss-innovation)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/Roundup%20-%20Landscape-Nov-11-2025-05-17-11-2317-PM.png?width=480&name=Roundup%20-%20Landscape-Nov-11-2025-05-17-11-2317-PM.png)](https://blog.roundhillinvestments.com/roundhill-roundup-november-2025)

### [Roundhill Roundup - Magnificent Momentum](https://blog.roundhillinvestments.com/roundhill-roundup-november-2025)

Despite the various headwinds, the market has been remarkably resilient since the April lows. 2025...

[Read More  →](https://blog.roundhillinvestments.com/roundhill-roundup-november-2025)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/Blog%20Email%20header1.png?width=480&name=Blog%20Email%20header1.png)](https://blog.roundhillinvestments.com/weekypay-goes-for-gold)

### [WeeklyPay™ Goes for Gold](https://blog.roundhillinvestments.com/weekypay-goes-for-gold)

Many different reasons have been offered for Gold’s surge in 2025…

[Read More  →](https://blog.roundhillinvestments.com/weekypay-goes-for-gold)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/Roundup%20-%20Landscape-Oct-09-2025-08-12-24-7625-PM.png?width=480&name=Roundup%20-%20Landscape-Oct-09-2025-08-12-24-7625-PM.png)](https://blog.roundhillinvestments.com/roundhill-roundup-october-2025)

### [Roundhill Roundup - Margins Are the New Momentum](https://blog.roundhillinvestments.com/roundhill-roundup-october-2025)

Fed Easing Likely Can’t Drive Further Multiple Expansion Markets are entering the Fall with...

[Read More  →](https://blog.roundhillinvestments.com/roundhill-roundup-october-2025)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/Roundup%20-%20Landscape%209.png?width=480&name=Roundup%20-%20Landscape%209.png)](https://blog.roundhillinvestments.com/the-evolution-of-ai)

### [The Evolution of AI: From Foundations to Industrialization](https://blog.roundhillinvestments.com/the-evolution-of-ai)

The early phase of the generative artificial intelligence revolution resembled the “picks and...

[Read More  →](https://blog.roundhillinvestments.com/the-evolution-of-ai)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/MAGC%20ETF%20Landscape.png?width=480&name=MAGC%20ETF%20Landscape.png)](https://blog.roundhillinvestments.com/introducing-magc)

### [Introducing MAGC: The China Magnificent Seven ETF](https://blog.roundhillinvestments.com/introducing-magc)

The Magnificent Seven have become household names in the U.S., but China has its own version of...

[Read More  →](https://blog.roundhillinvestments.com/introducing-magc)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/Roundup%20-%20Landscape-Sep-17-2025-05-36-55-9657-PM.png?width=480&name=Roundup%20-%20Landscape-Sep-17-2025-05-36-55-9657-PM.png)](https://blog.roundhillinvestments.com/rdte-anniversary)

### [Small Caps Show Signs of Life](https://blog.roundhillinvestments.com/rdte-anniversary)

It has been 965 trading days since the Russell 2000 last registered a record closing high on...

[Read More  →](https://blog.roundhillinvestments.com/rdte-anniversary)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/CHATHUMN%20Email-1.png?width=480&name=CHATHUMN%20Email-1.png)](https://blog.roundhillinvestments.com/ai-earnings-the-haves-and-the-have-nots)

### [AI Earnings: The Haves and the Have-Nots](https://blog.roundhillinvestments.com/ai-earnings-the-haves-and-the-have-nots)

Generative AI After Earnings: Key Takeaways Post Broadcom’s strong results, it’s clear the...

[Read More  →](https://blog.roundhillinvestments.com/ai-earnings-the-haves-and-the-have-nots)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/Roundup%20-%20Landscape%208.png?width=480&name=Roundup%20-%20Landscape%208.png)](https://blog.roundhillinvestments.com/roundhill-roundup-september-2025)

### [Roundhill Roundup - Is the Bull Market Over?](https://blog.roundhillinvestments.com/roundhill-roundup-september-2025)

The S&P 500 is roughly one month away from its three year anniversary in a bull market. Despite...

[Read More  →](https://blog.roundhillinvestments.com/roundhill-roundup-september-2025)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/Roundup%20-%20Landscape%207.png?width=480&name=Roundup%20-%20Landscape%207.png)](https://blog.roundhillinvestments.com/meme-stocks-are-back)

### [Guess Who’s Back: Meme Stocks](https://blog.roundhillinvestments.com/meme-stocks-are-back)

What Are Meme Stocks? Meme stocks are public companies whose prices are influenced as much (or...

[Read More  →](https://blog.roundhillinvestments.com/meme-stocks-are-back)

[![](https://blog.roundhillinvestments.com/hs-fs/hubfs/Roundup%20-%20Landscape-Aug-27-2025-06-39-43-3841-PM.png?width=480&name=Roundup%20-%20Landscape-Aug-27-2025-06-39-43-3841-PM.png)](https://blog.roundhillinvestments.com/mag-seven-still-magnificent)

### [Still Magnificent — The Magnificent Seven Stocks Roar Back](https://blog.roundhillinvestments.com/mag-seven-still-magnificent)

From FAANG to a New Center of Market Gravity A decade ago, “FAANG” (Facebook, Apple, Amazon,...

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### [Crypto Enthusiasm Abundant After Trump’s Triumph](https://blog.roundhillinvestments.com/crypto-enthusiasm-abundant)

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### [Roundhill Roundup - Does Valuation Matter?](https://blog.roundhillinvestments.com/roundhill-roundup-november-2024)

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### [Introducing DRAG: Meet the China Dragons](https://blog.roundhillinvestments.com/meet-the-china-dragons)

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### [Solving China’s Stock Market Diversification Problem](https://blog.roundhillinvestments.com/solving-chinas-stock-market-diversification-problem)

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### [High Risk, High Reward for the Magnificent Seven](https://blog.roundhillinvestments.com/high-risk-high-reward-for-the-magnificent-seven)

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