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MEME vs VFMO

Roundhill Meme Stock ETF

MEMEDNYSE Arca

Vanguard U.S. Momentum Factor ETF

VFMOACboe

Overlap

Expense ratio

VFMO −0.56pt a year

MEME0.69%VFMO0.13%

Avg volume · 30D

MEME 1.9×the volume

MEME111KVFMO58.8K

MEME vs VFMO Performance

Oct 31, 2025 – Oct 30, 2026

−25.9%MEME+11.2%VFMO

Oct 31, 2025 to Oct 30, 2026. MEME −25.9%. VFMO +11.2%. Use the arrow keys to read each point.0%20%40%Oct 2025Apr 2026Oct 2026
Expense ratio
MEME 0.69%
VFMO 0.13%, better
Fund size
MEME $11M
VFMO $1.9B
1Y total return
MEME −25.9%
VFMO +11.2%, better
Yield (12M)
MEME 0.00%
VFMO 0.62%, better
Holdings
MEME 22
VFMO 700
Avg volume (30D)
MEME 111K sh, better
VFMO 58.8K sh
NAV per share
MEME $6.37
VFMO $217.36
52W range

ETF.net Grade

MEME: Cost 43, Risk 10, Mission not scored, Tradability 53, Holdings 40, Durability 45. VFMO: Cost 95, Risk 51, Mission 39, Tradability 62, Holdings 89, Durability 93.
Pillar letters and Scores for MEME, VFMO, with each pillar’s weight
PillarMEMEVFMO
Cost30% weightC43A95Higher
Mission25% weightNot scoredD39
Risk15% weightF10C51Higher
Tradability15% weightC53B62Higher
Holdings10% weightC40A89Higher
Durability5% weightC45A93Higher

Rank among US Active Momentum funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. MEME and VFMO are both graded against the same 20 US Active Momentum funds, so their Grades compare head to head.

US Active Momentum⁠

Category · 20 funds
See all 20 ›

VFMO ranks 3rd and MEME 15th of 20 funds in the US Active Momentum Category.

  1. Rank 1AJMOMJPMorgan U.S. Momentum Factor ETFScore 86
  2. Rank 2ASEIMSEI QiM U.S. Large Cap Momentum Active ETFScore 81
  3. Rank 3AVFMOVanguard U.S. Momentum Factor ETFScore 78
  4. Rank 4AQMOMAlpha Architect U.S. Quantitative Momentum ETFScore 73
  5. Rank 15DFVCFirst Trust Dorsey Wright Dynamic Focus 5 ETFScore 38
  6. Rank 15DMEMERoundhill Meme Stock ETFScore 38
  7. Rank 17DADPVAdaptiv Select ETFScore 36

Our read on each fund

ETF.net Research

MEMEDRoundhill Meme Stock ETF

VFMOAVanguard U.S. Momentum Factor ETF

In short

MEME Most 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.

VFMO Vanguard doing active. A quant team buys the strongest recent performers across the entire US market, roughly 600 names deep, at 0.13% a year for a job that usually costs several times more.

Stated mandate

MEME 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.

VFMO The Fund seeks long-term capital appreciation by investing in U.S. stocks with strong recent performance selected through the advisor’s quantitative process.

Why people hold it

  • MEME A 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.
  • Concentrated on purpose. Around 25 names means the meme trade actually shows up in the portfolio instead of being diluted across hundreds of positions.
  • The fee (0.69%) sits right at the median for its actively managed momentum cohort, so the novelty does not come with a novelty markup.
  • Simple plumbing: a registered 1940 Act fund holding US stocks outright, listed on NYSE Arca, not a leveraged or derivatives-based trading vehicle.prnewswire.com
  • VFMO Costs 0.13% a year, sitting with the cheapest systematic momentum funds (JMOM 0.12%, SPMO 0.13%, MTUM 0.15%) and well under the group's typical fee.
  • Hunts winners across the full Russell 3000, small and mid caps included, and spreads the bet over about 600 stocks rather than a short list of mega caps.vanguard.com
  • Actively run through Vanguard's quantitative process: the Russell 3000 is the yardstick, not a rulebook the fund has to copy on index-review day.vanguard.com
  • A multi-billion-dollar fund paying quarterly, and one of the stronger implementations in the US momentum group on cost and portfolio construction.

Worth knowing

  • MEME Screening for the highest implied volatility means deliberately owning the market's jumpiest stocks. Big swings are the design, not a malfunction.
  • You 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.
  • Launched 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
  • VFMO Momentum by design owns what has already run. When market leadership flips, this style tends to take the turn harder than a plain total-market fund.
  • No index to hide behind. Results ride on Vanguard's model, and the portfolio can look very different from the Russell 3000 in either direction.
  • Trading activity is moderate rather than category-leading, which shows up in spreads on large orders more than small ones.

Full MEME profile⁠

Full VFMO profile⁠

MEME vs VFMO Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

MEME vs VFMO Cost

Overpaying MEME vs VFMO

$10,703

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • MEME 0.69%

    $13,429

  • VFMO 0.13%

    $2,726

$10,000
30 years

Cost over time

  • MEME 0.69%
  • VFMO 0.13%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530MEME $13,429VFMO $2,726

Year by year

YearMEMEVFMOOverpaying
10$1,232$238$994
20$4,697$930$3,767
30$13,429$2,726$10,703

Expense ratio

  • 0.69%MEME
  • 0.13%VFMO, cheaper
  • Middle half of US Active Momentum funds
  • Median 0.64%

VFMO 2nd cheapest of 20 funds

MEME 12th cheapest of 20 funds

MEME vs VFMO Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
MEME 0.00%
VFMO 0.62%, better
Payout (12M)
MEME None
VFMO $1.36
Last payment
MEME No data
VFMO $0.31
Ex-dividend
MEME No data
VFMO Sep 23, 2026
Paid on
MEME No data
VFMO Sep 25, 2026
Frequency
MEME No data
VFMO Quarterly

Distribution history

Per share, 2018 to 2026, same scale for both

MEME1 paymentAll MEME payments⁠
One bar per payment. 1 payment from 2018 to 2026 YTD. Dec 13, 2022 $0.69. Use the arrow keys to read each point.$0$0.50202020232026YTD
VFMOQuarterly · 34 paymentsAll VFMO payments⁠
One bar per payment. 34 payments from 2018 to 2026 YTD. Jun 28, 2018 $0.17; Sep 26, 2018 $0.12; Dec 19, 2018 $0.18; Mar 21, 2019 $0.20; Jun 21, 2019 $0.29; Sep 16, 2019 $0.20; Dec 20, 2019 $0.36; Mar 23, 2020 $0.13; Jun 29, 2020 $0.13; Sep 21, 2020 $0.06; Dec 24, 2020 $0.19; Mar 22, 2021 $0.11; Jun 29, 2021 $0.21; Sep 24, 2021 $0.26; Dec 27, 2021 $0.50; Mar 21, 2022 $0.36; Jun 29, 2022 $0.56; Sep 23, 2022 $0.49; Dec 22, 2022 $0.56; Mar 23, 2023 $0.36; Jun 23, 2023 $0.28; Sep 21, 2023 $0.15; Dec 19, 2023 $0.37; Mar 21, 2024 $0.16; Jun 27, 2024 $0.32; Sep 26, 2024 $0.27; Dec 23, 2024 $0.44; Mar 25, 2025 $0.31; Jun 20, 2025 $0.56; Sep 24, 2025 $0.35; Dec 23, 2025 $0.35; Mar 24, 2026 $0.23; Jun 24, 2026 $0.47; Sep 23, 2026 $0.31. Use the arrow keys to read each point.$0$0.50202020232026YTD

MEME vs VFMO Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
MEME 75.8%since Nov 2025VFMO 19.6%
Return per unit of riskSharpe ratio, 3 years
MEME −0.10since Nov 2025VFMO 1.12
Worst fallMax drawdown, 5 years
MEME −50.1%since Oct 2025VFMO −25.8%
Market sensitivityBeta, 5 years
MEME 3.97VFMO 1.32

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