AGRW vs. MEME

Last updated Jun 4, 2026

AGRW (Allspring LT Large Growth ETF) and MEME (Roundhill Meme Stock ETF) are both Large Cap Growth Equities funds. Both are actively managed. At a 0.48 correlation, their price movements are largely independent. AGRW charges 0.35%/yr vs 0.69%/yr for MEME.

Performance

AGRW vs. MEME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Allspring LT Large Growth ETF (AGRW) and Roundhill Meme Stock ETF (MEME). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AGRW achieves a 8.77% return, which is significantly lower than MEME's 79.03% return.

AGRW

• 1D: -1.69%
• 1M: 7.09%
• YTD: 8.77%
• 6M: 8.21%
• 1Y: 23.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MEME

• 1D: -5.29%
• 1M: 25.28%
• YTD: 79.03%
• 6M: 68.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AGRW vs. MEME - Yearly Performance Comparison

	2026 (YTD)	2025
AGRW Allspring LT Large Growth ETF	8.77%	-0.83%
MEME Roundhill Meme Stock ETF	79.03%	-36.83%

Correlation

The correlation between AGRW and MEME is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 9, 2025	0.48

Return for Risk

AGRW vs. MEME — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AGRW

AGRW Risk / Return Rank: 37
AGRW Sharpe Ratio Rank: 43
AGRW Sortino Ratio Rank: 40
AGRW Omega Ratio Rank: 41
AGRW Calmar Ratio Rank: 30
AGRW Martin Ratio Rank: 33

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AGRW vs. MEME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Allspring LT Large Growth ETF (AGRW) and Roundhill Meme Stock ETF (MEME). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AGRW	MEME	Difference
Sharpe ratio: Return per unit of total volatility	1.46	—	—
Sortino ratio: Return per unit of downside risk	2.02	—	—
Omega ratio: Gain probability vs. loss probability	1.26	—	—
Calmar ratio: Return relative to maximum drawdown	1.41	—	—
Martin ratio: Return relative to average drawdown	4.73	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AGRW	MEME	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.46	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.28	0.28	+1.00

Drawdowns

AGRW vs. MEME - Drawdown Comparison

The maximum AGRW drawdown since its inception was -16.46%, smaller than the maximum MEME drawdown of -48.78%. Use the drawdown chart below to compare losses from any high point for AGRW and MEME.

Drawdown Indicators

	AGRW	MEME	Difference
Max Drawdown Largest peak-to-trough decline	-16.46%	-48.78%	+32.32%
Max Drawdown (1Y) Largest decline over 1 year	-16.46%	—	—
Current Drawdown Current decline from peak	-2.36%	-5.93%	+3.57%
Average Drawdown Average peak-to-trough decline	-3.28%	-29.90%	+26.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.91%	—	—

Volatility

Volatility by Period

	AGRW	MEME	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.34%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.44%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.91%	74.19%	-58.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.99%	74.19%	-52.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.99%	74.19%	-52.20%

AGRW vs. MEME - Expense Ratio Comparison

AGRW has a 0.35% expense ratio, which is lower than MEME's 0.69% expense ratio.

Dividends

AGRW vs. MEME - Dividend Comparison

AGRW's dividend yield for the trailing twelve months is around 0.12%, while MEME has not paid dividends to shareholders.

Position	TTM	2025
AGRW Allspring LT Large Growth ETF	0.12%	0.13%
MEME Roundhill Meme Stock ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both AGRW and MEME in my portfolio?

AGRW and MEME have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AGRW or MEME?

On fees, AGRW is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AGRW or MEME?

AGRW is cheaper with a 0.35% expense ratio, compared with 0.69% for MEME.

Which ETF pays a higher dividend yield, AGRW or MEME?

AGRW has the higher dividend yield at 0.12%, compared with 0.00% for MEME.

What is the main difference between AGRW and MEME?

They also come from different issuers: Allspring and Roundhill. Their fees differ too: 0.35% for AGRW and 0.69% for MEME.