Tuttle Capital Meme Stock Income Blast ETF
$16.03−0.17 (−1.05%)
- 0.99%
- $1M
- 0M sh
- $16.52
- low $16.03high $25.91
The ETF.net MEMY Grade
F
Score 26 out of 100
- 41 of 51
Score 26 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. The letter stays F for now. A new letter must hold for 3 published runs before it replaces it.
Very small fund, grade capped at C.
The cap holds the Score at 40 or below, so B and A are out of reach.
- The pillars earned
- 26
- This cap took
- −0
- Published Score
- 26
Cost
The fund’s net expense ratio, ranked against its category.C40 out of 100Rank 29 of 51Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F12 out of 100Rank 43 of 46Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F18 out of 100Rank 48 of 51Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.F11 out of 100Rank 51 of 51
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
- 54
- 101%
- United States Treasury Bill 09/02/2027
Geography
- United States100.00%
MEMY Performance
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.Not enough history yet.Not enough history yet.
MEMY$8,527
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.
| Period | MEMY |
|---|---|
| Year to date | — |
| 1 month | +1.5% |
| 3 months | −14.7% |
| 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
Category Review
The payout and the result came apart in option-income funds
MEMY Dividends
- $0.08 per share
- Weekly
Distribution data unavailable.
Distribution history
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.
- 2.10
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%
28 of the 51 Active Option Income funds charge less.
Other funds in Active Option Income
- DYMAXYieldMax Universe Fund of Option Income ETFsExpense ratio 1.33%1 year return +1.6%
- DKYLDKurv ETF Trust - Kurv High Income ETFExpense ratio 1.24%1 year return —
- FSLTYYieldMax Ultra Short Option Income Strategy ETFExpense ratio 1.35%1 year return −5.9%
- FWZRDOpportunistic Trader ETFExpense ratio 1.07%1 year return −100.0%
- FULTIREX IncomeMax Option Strategy ETFExpense ratio 1.32%1 year return —