MEMY vs PAYR: Grades, Fees and Holdings Compared

Tuttle Capital Meme Stock Income Blast ETF

MEMYFCboe

Federated Hermes Enhanced Income ETF

PAYRACboe

Overlap

0.0%by weight

Expense ratio

PAYR −0.59pt a year

MEMY0.99%PAYR0.40%

Avg volume · 30D

PAYR 13.8×the volume

MEMY1.31KPAYR18.1K

MEMY vs PAYR Performance

Jul 31, 2026 – Oct 30, 2026

−9.6%MEMY+4.0%PAYR

Expense ratio: MEMY 0.99%; PAYR 0.40%, better
Fund size: MEMY $1M; PAYR $91M
1Y total return: MEMY No data; PAYR +25.2%
Holdings: MEMY 52; PAYR 58
Avg volume (30D): MEMY 1.31K sh; PAYR 18.1K sh, better
NAV per share: MEMY $14.24; PAYR $56.43
52W range

ETF.net Grade

Pillar letters and Scores for MEMY, PAYR, with each pillar’s weight
Pillar	MEMY	PAYR
Cost30% weight	D39	A92Higher
Mission25% weight	Not scored	Not scored
Risk15% weight	F12	A75Higher
Tradability15% weight	F8	B56Higher
Holdings10% weight	Not scored	A73
Durability5% weight	F11	B55Higher

Rank among Active Option Income funds

How we build Categories ›

Same Category. MEMY and PAYR are both graded against the same 50 Active Option Income funds, so their Grades compare head to head.

Active Option Income⁠

Category · 50 funds

See all 50 ›

PAYR ranks 4th and MEMY 43rd of 50 funds in the Active Option Income Category.

Rank 1ARECIColumbia Research Enhanced Core Premium Income ETScore 83
Rank 2ATCALT. Rowe Price Capital Appreciation Premium Income ETFScore 80
Rank 2AYLDEFranklin ClearBridge Enhanced Income ETFScore 80
Rank 4APAYRFederated Hermes Enhanced Income ETFScore 76
Rank 4ARDVIFT Vest Rising Dividend Achievers Target Income ETFScore 76
Rank 42FKEOKurv Equity Option Income ETFScore 24
Rank 43FMEMYTuttle Capital Meme Stock Income Blast ETFScore 23
Rank 44FSLTYYieldMax Ultra Short Option Income Strategy ETFScore 21

Our read on each fund

ETF.net Research

MEMYFTuttle Capital Meme Stock Income Blast ETF

PAYRAFederated Hermes Enhanced Income ETF

In short

MEMY Most 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.

PAYR No data

Stated mandate

MEMY 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.

PAYR No data

Why people hold it

MEMY 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.

PAYR No data

Worth knowing

MEMY 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.

PAYR No data

Full MEMY profile⁠

Full PAYR profile⁠

MEMY vs PAYR Holdings

How MEMY and PAYR differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of MEMY and 0.0% of PAYR.

Level by level

Holdings0 in both0.0%
Countryby domicile77.6%
Asset classEquity100%

Sector

No Sector split for MEMY.

Country, concentration and asset class

Country by domicile

Country weights in MEMY and PAYR, widest gap first
Country	More in MEMYMore in PAYR	MEMY	PAYR
United States	MEMY +22.4 points	100.0%	77.6%
United Kingdom	PAYR +8.1 points	0.0%	8.1%
France	PAYR +6.6 points	0.0%	6.6%
Canada	PAYR +5.1 points	0.0%	5.0%
Germany	PAYR +2.6 points	0.0%	2.6%
Switzerland	Same weight	0.0%	0.0%

Concentration

Weight in the 10 largest Holdings

MEMY109.5%
PAYR32.9%

Securities held

MEMY51
PAYR54

Asset class

MEMY: Equity
PAYR: Equity

Holdings

Only in MEMY51
In both0
Only in PAYR54

Only in MEMY

51 securities, 100% of MEMY by weight

United States Treasury Bill 09/02/202780.52%
First American Government Obligations Fund 12/01/203122.90%
Crwd Us 02/19/27 C2301.19%
Vg Us 02/19/27 C12.50.70%
Cdns Us 02/19/27 C3250.64%
Oxy Us 02/19/27 C57.50.61%
Dram Us 02/19/27 C500.54%
Vrt Us 01/15/27 C2200.53%
Ceg Us 02/19/27 C2600.50%
Ktos Us 02/19/27 C400.50%
Anet Us 03/19/27 C1850.47%
Cls Us 02/19/27 C3200.41%
Vnom Us 03/19/27 C440.37%
Net Us 02/19/27 C3000.34%
Avgo Us 02/19/27 C3400.24%
Viav Us 01/15/27 C370.22%
Ftai Us 01/15/27 C1850.22%
Baba Us 01/15/27 C1050.14%
Paas Us 03/19/27 C440.13%
Vicr Us 01/15/27 C2300.13%
Au Us 12/18/26 C800.13%
Avav Us 12/18/26 C1450.12%
Ter Us 01/15/27 C3400.09%
Anet Us 11/13/26 P1500.08%
Dram Us 11/20/26 P400.07%
Vnom Us 11/20/26 P380.06%
Cdns Us 11/13/26 P3000.06%
Ccj Us 12/18/26 C900.06%
Crwd Us 11/20/26 P2000.05%
Net Us 11/06/26 P2350.05%
Vrt Us 11/13/26 P2050.04%
Ccj Us 11/13/26 P700.04%
Au Us 11/20/26 P750.04%
Ter Us 11/13/26 P2400.04%
Paas Us 11/06/26 P360.03%
Rddt Us 02/19/27 C1550.03%
Syk Us 12/18/26 C3300.03%
Wbi Us 12/18/26 C350.03%
Wbi Us 11/20/26 P250.02%
Ftai Us 11/13/26 P1650.02%
Viav Us 11/20/26 P200.02%
Ceg Us 11/20/26 P2100.02%
Vicr Us 11/20/26 P1350.01%
Bidu Us 11/20/26 P65<0.01%
Rddt Us 11/13/26 P75<0.01%
Avgo Us 11/06/26 P285<0.01%
Bidu Us 12/18/26 C110<0.01%
Avav Us 11/20/26 P95<0.01%
Baba Us 11/20/26 P80<0.01%
Oxy Us 11/06/26 P50<0.01%

Only in PAYR

54 securities, 100% of PAYR by weight

Us Bancorp4.01%
Paychex Inc3.80%
Totalenergies SE3.57%
British American Tob-Sp A3.38%
Medtronic PLC3.31%
Verizon Communications In3.18%
Sanofi-Adr2.96%
Pfizer Inc2.95%
Enbridge Inc2.93%
Regions Financial Corp2.85%
Kimco Realty Corp2.77%
Wec Energy Group Inc2.68%
Firstenergy Corp2.68%
Cme Group Inc2.60%
Pnc Financial Services Gr2.57%
Prologis Inc2.54%
Pepsico Inc2.52%
Chevron Corp2.46%
Amcor PLC2.42%
National Grid Plc-Sp Adr2.34%
Mondelez International In2.21%
Ppl Corp2.21%
American Tower Corp2.20%
Philip Morris Internation2.20%
Evergy Inc2.19%
Kimberly-Clark Corp2.18%
Tc Energy Corp2.14%
Duke Energy Corp1.94%
Muenchener Rueck-Unspon A1.64%
Treasury Bill Dn 12/261.61%
Altria Group Inc1.39%
Nnn Reit Inc1.33%
Best Buy Co Inc1.31%
Darden Restaurants Inc1.29%
Amdocs Ltd1.28%
Hershey Co/The1.20%
AbbVie Inc1.18%
Accenture Plc-Cl A1.13%
Truist Financial Corp1.09%
Federated Govt Obli Fd-Pr0.99%
Allianz SE - Unsp Adr0.98%
Xcel Energy Inc0.97%
Oneok Inc0.89%
Treasury Bill Dn 1/270.87%
Brixmor Property Group In0.87%
Cms Energy Corp0.87%
Southern Co/The0.81%
Treasury Bill Dn 11/260.80%
Mccormick & Co-Non Vtg Sh0.69%
Watsco Inc0.57%

Weight gaps

MEMY and PAYR share no securities.

All 100 MEMY holdings⁠All 52 PAYR 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.

MEMY vs PAYR Cost

Overpaying MEMY vs PAYR

$10,435

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

MEMY 0.99%
$18,525
PAYR 0.40%
$8,090

Amount$10,000

Years30 years

Cost over time

MEMY 0.99%
PAYR 0.40%
Overpaying

Year by year

Year	MEMY	PAYR	Overpaying
10	$1,746	$723	$1,023
20	$6,565	$2,793	$3,772
30	$18,525	$8,090	$10,435

Expense ratio

0.99%MEMY
0.40%PAYR, cheaper

PAYR0.40%MEMY0.99%

0.30%1.64%

Middle half of Active Option Income funds
Median 0.95%

PAYR 5th cheapest of 50 funds

MEMY 29th cheapest of 50 funds

MEMY vs PAYR Dividends

Last 12 months to Oct 30, 2026

Last payment: MEMY $0.08; PAYR $0.29
Ex-dividend: MEMY Oct 30, 2026; PAYR Oct 30, 2026
Paid on: MEMY Pays Nov 2, 2026; PAYR Pays Nov 2, 2026
Frequency: MEMY Weekly; PAYR Monthly

Distribution history

Per share, 2026, same scale for both

MEMYWeekly · 40 paymentsAll MEMY payments⁠

PAYRMonthly · 10 paymentsAll PAYR payments⁠

MEMY vs PAYR Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: MEMY No dataPAYR 14.6%since Nov 2025
Return per unit of riskSharpe ratio, 3 years: MEMY No dataPAYR 1.36since Nov 2025
Worst fallMax drawdown, 5 years: MEMY No dataPAYR −7.0%since Oct 2025
Market sensitivityBeta, 5 years: MEMY 2.10PAYR 0.01; Market = 1

MEMY and PAYR in the news

All news⁠

Filings Digest
Tuttle's meme-stock ETF will close about 10 months after it launched
Oct 30, 2026MEMY
ETF Filings
Tuttle files eight Income Blast ETFs, including baskets that name OpenAI and Anthropic
Sep 15, 2026MEMY

Popular comparisons

MEMYFvsRECIA
Tuttle Capital Meme Stock Income Blast ETF · Columbia Research Enhanced Core Premium Income ET
Expense ratio
0.99% · 0.30%
Category
PAYRAvsRECIA
Federated Hermes Enhanced Income ETF · Columbia Research Enhanced Core Premium Income ET
Expense ratio
0.40% · 0.30%
Category
MEMYFvsTCALA
Tuttle Capital Meme Stock Income Blast ETF · T. Rowe Price Capital Appreciation Premium Income ETF
Expense ratio
0.99% · 0.34%
Category
PAYRAvsTCALA
Federated Hermes Enhanced Income ETF · T. Rowe Price Capital Appreciation Premium Income ETF
Expense ratio
0.40% · 0.34%
Category
MEMYFvsYLDEA
Tuttle Capital Meme Stock Income Blast ETF · Franklin ClearBridge Enhanced Income ETF
Expense ratio
0.99% · 0.48%
Category
PAYRAvsYLDEA
Federated Hermes Enhanced Income ETF · Franklin ClearBridge Enhanced Income ETF
Expense ratio
0.40% · 0.48%
Category

MEMY vs PAYR

In short

Stated mandate

Why people hold it

Worth knowing

How MEMY and PAYR differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in MEMY

Only in PAYR

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Tuttle's meme-stock ETF will close about 10 months after it launched

Tuttle files eight Income Blast ETFs, including baskets that name OpenAI and Anthropic

How MEMY and PAYR differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in MEMY

Only in PAYR

Weight gaps