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Launched · SEC filings

Roundhill Investments - Meme Stock ETF

MEMENYSE ArcaD

$8.03−0.09 (−1.05%)

At close: Oct 13, 2026, 4:00 PM

D36/ 100

Rank 18 of 22 in US Active Momentum

D36/100Rank 18 of 22inUS Active Momentum
Intraday session: down, 34 prints from 8.12 to 8.03. Range 7.81 to 8.03. Use the arrow keys to read each point.7.807.857.907.9510 AM12 PM2 PM4 PM
Expense ratio
0.69%
Fund size
$15M
1Y total return
−14.3%
Yield · Last 12 months
0.00%
Holdings
19
Avg volume · 30D
0.1M sh
NAV per share
$8.52
52W range
low $5.33high $11.91
Launched
Filings
SEC EDGAR

The ETF.net MEME Grade

Based on 5 of 6 pillars

D

Score 36 out of 100

Category
US Active Momentum⁠
Rank
18 of 22
Six-pillar profile for MEME. Scores out of 100: Cost 43, Risk 5, Mission not scored, Tradability 52, Holdings 39, Durability 46. Strongest: Tradability (52). Weakest: Risk (5). Based on 5 of 6 pillars.

Score 36 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C43 out of 100
    Rank 12 of 22

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F5 out of 100
    Rank 22 of 22

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C52 out of 100
    Rank 10 of 22

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D39 out of 100
    Rank 16 of 21

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C46 out of 100
    Rank 14 of 22

Our read on MEME

ETF.net Research

DMost momentum funds rank stocks on past price strength. MEME ranks on options-implied volatility, holding roughly 25 of the most heavily traded, most feverishly priced US names. The retail crowd trade, packaged as a plain equity fund.

Stated mandate

The Fund is an actively managed ETF seeking exposure to meme stocks. It screens highly traded U.S.-listed stocks and ADRs and selects the 25 with the highest implied volatility.

Why people hold it

  1. 01A genuinely different screen from the rest of the momentum shelf: it sorts heavily traded US stocks and ADRs by implied volatility, not by trailing price gains.
  2. 02Concentrated on purpose. Around 25 names means the meme trade actually shows up in the portfolio instead of being diluted across hundreds of positions.
  3. 03The fee (0.69%) sits right at the median for its actively managed momentum cohort, so the novelty does not come with a novelty markup.
  4. 04Simple plumbing: a registered 1940 Act fund holding US stocks outright, listed on NYSE Arca, not a leveraged or derivatives-based trading vehicle.prnewswire.com

Worth knowing

  1. 01Screening for the highest implied volatility means deliberately owning the market's jumpiest stocks. Big swings are the design, not a malfunction.
  2. 02You pay 0.69% for the concept. Broad momentum funds (MTUM, SPMO, VFMO) run at a fraction of that, in the 0.12% to 0.15% range.
  3. 03Launched in October 2025, so there is little live history to judge, and it lands in the lower half of its momentum peer group on our review.prnewswire.com

MEME Holdings

As of Oct 13, 2026
Asset class
Stocks
Holdings
19
Top-10 weight
62%
Largest holding
MRNA6.7%

Sectors

  • Technology60.6%
  • Financials15.5%
  • Health Care10.1%
  • Industrials9.4%
  • Communication4.4%

Geography

  • United States84.72%
  • Netherlands5.76%
  • Australia5.27%
  • Cayman Islands4.25%
The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001MRNAModerna Inc6.71%4,402$941K286
002AAOIApplied Optoelectronics Inc6.62%9,209$927K99
003TWSTTwist Bioscience Corp6.57%6,063$921K125
004ASTSAST SpaceMobile Inc6.45%17,553$903K151
005APLDApplied Digital Corp6.35%38,252$889K108
006IRENIREN Ltd6.30%25,352$882K99
007TEMTempus AI Inc5.98%12,332$838K107
008NBISNebius Group NV5.79%3,861$811K186
009SMCISuper Micro Computer Inc5.71%20,004$800K273
010CRWVCoreWeave Inc5.62%9,806$787K246
011BEBloom Energy Corp5.56%2,970$779K335
012RKLBRocket Lab Corp5.40%11,509$756K238
013AXTIAXT Inc5.20%11,759$729K103
014LITELumentum Holdings Inc5.09%717$714K403
015PENGPenguin Solutions Inc4.79%8,484$672K116

Showing 1–15 of 19 holdings

MEME Performance

Launched Oct 8, 2025

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
MEME$8,569
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. MEME $8,569. SPY $12,044. Use the arrow keys to read each point.$5,538$9,256$12,973Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for MEME. Periods over one year show the average yearly return.
PeriodMEME
Year to date+30.9%
1 month+0.6%
3 months−2.2%
1 year−14.3%
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for MEME
YearReturn barMEME
2026 YTD+30.9%
2025−36.9%

Since listing, Oct 8, 2025

MEME in the news

Filtered to MEME · US Active Momentum

MEME Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 12, 2026.
0.00%Last 12 months
Payout per share
NoneLast 12 months

No distributions in the last 12 months.

Distribution history

Payments through 2022

One bar per payment. 1 payment in 2022. Dec 13, 2022 $0.69. Use the arrow keys to read each point.2022
Ex-datePay dateAmount per share
Dec 13, 2022Dec 15, 2022$0.69

MEME Risk

How much the fund’s monthly returns vary, scaled to a year.
—
No data available
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
No data available
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−50.1%
12 months · trough Jul 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
3.97
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

MEME Cost

Expense ratio0.69%
  • The middle half of US Active Momentum funds
  • Median 0.63%

11 of the 21 US Active Momentum funds charge less.

MEME costs $69.00 a year on $10,000. The median US Active Momentum fund costs $63.00.

Other funds in US Active Momentum

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