Tuttle Capital Meme Stock Income Blast ETF
$16.54−0.00 (−0.02%)
History starts Jan 20, 2026.History starts Jan 20, 2026.
- Expense ratio
- 0.99%
- Fund size
- $1M
- 1Y return
- —
- Yield · Last 12 months
- Data unavailable
- Holdings
- 109
- Volume · 30D
- 0M sh
- NAV per share
- $16.41
- 52W range
The ETF.net MEMY Grade
Score 22 of 100 sits in the F band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.
The pillars earned23This cap took−0Published score22
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.CScore 40Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.FScore 12Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 2Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.FScore 12Category rank
Our read on MEMY
FMost premium-income ETFs sell calls on blue chips. MEMY works the other side of the tape: actively managed exposure to stocks tagged as meme names, with put-credit spreads written on them to generate the income.
The Fund seeks current income and secondary exposure to selected securities commonly characterized as meme stocks. It is actively managed, invests at least 80% of net assets in those securities, and uses put-credit spreads to generate shareholder income.
Why people hold it
- The income engine is a put-credit spread, a defined-risk trade: premium comes in up front, and the long put leg caps how far a single spread can lose.
- One wrapper, two jobs: at least 80% of net assets in securities characterized as meme stocks, plus an actively run options overlay on top.
- Payouts run on a monthly cadence, though the prospectus only commits to distributing at least annually.
Worth knowing
- At 0.99% a year it sits above the median for options-income funds, and well above top-ranked peers like PAPI (0.29%) and DIVO (0.56%).
- A small, thinly traded fund since its 2026 launch, which tends to mean wider bid-ask spreads than a mega-fund in the same category.
- The trade-off in a put-credit spread: upside is limited to the premium collected, while the short leg takes losses if a meme name falls through its strike.
MEMY Holdings
- Stocks
- 109
- 104%
- United States Treasury Bill 09/02/2027
Geography
MEMY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
MEMY$7,814
Returns run to the Sep 22, 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.
| Period | MEMY |
|---|---|
| Year to date | — |
| 1 month | −0.2% |
| 3 months | −21.9% |
| 1 year | — |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | MEMY |
|---|---|---|
| 2026 YTD | −23.4% |
MEMY in the news
MEMY Dividends
- $0.08 per share
- Weekly
Distribution data unavailable.
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 18, 2026 | Sep 21, 2026 | $0.08 |
| Sep 11, 2026 | Sep 14, 2026 | $0.08 |
| Sep 4, 2026 | Sep 8, 2026 | $0.08 |
| Aug 28, 2026 | Aug 31, 2026 | $0.08 |
| Aug 21, 2026 | Aug 24, 2026 | $0.08 |
| Aug 14, 2026 | Aug 17, 2026 | $0.08 |
| Aug 7, 2026 | Aug 10, 2026 | $0.07 |
| Jul 31, 2026 | Aug 3, 2026 | $0.07 |
| Jul 24, 2026 | Jul 27, 2026 | $0.07 |
| Jul 17, 2026 | Jul 20, 2026 | $0.07 |
| Jul 10, 2026 | Jul 13, 2026 | $0.07 |
| Jul 2, 2026 | Jul 6, 2026 | $0.07 |
MEMY Risk
- —
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.
- —
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.
- —
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.
- 2.14
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
MEMY Cost
0.99%
MEMY0.99%
- The middle half of Active Option Income funds
- Median 0.95%
26 of the 47 Active Option Income funds charge less.