GSLC vs. MEME

Last updated Jun 3, 2026

GSLC (Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF) and MEME (Roundhill Meme Stock ETF) are both Large Cap Growth Equities funds. GSLC is passively managed, while MEME is actively managed. A 0.58 correlation means they provide meaningful diversification when combined. GSLC charges 0.09%/yr vs 0.69%/yr for MEME.

Performance

GSLC vs. MEME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC) 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, GSLC achieves a 9.23% return, which is significantly lower than MEME's 89.03% return.

GSLC

• 1D: 0.14%
• 1M: 4.85%
• YTD: 9.23%
• 6M: 9.80%
• 1Y: 24.99%
• 3Y*: 21.12%
• 5Y*: 13.05%
• 10Y*: 14.72%

MEME

• 1D: 4.46%
• 1M: 34.40%
• YTD: 89.03%
• 6M: 82.84%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GSLC vs. MEME - Yearly Performance Comparison

	2026 (YTD)	2025
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF	9.23%	1.40%
MEME Roundhill Meme Stock ETF	89.03%	-36.83%

Correlation

The correlation between GSLC and MEME is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 9, 2025	0.58

GSLC vs. MEME - Sectors Allocation Comparison

Sectors	GSLC	MEME
Technology	38.0%	58.8%
Financial Services	10.6%	5.7%
Consumer Cyclical	10.6%	-
Communication Services	10.5%	5.5%
Healthcare	8.3%	5.4%
Industrials	8.2%	29.9%
Consumer Defensive	5.5%	-
Energy	3.2%	4.8%
Utilities	2.4%	10.7%
Basic Materials	1.5%	4.6%
Real Estate	1.1%	-

Return for Risk

GSLC vs. MEME — Risk / Return Rank

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

GSLC

GSLC Risk / Return Rank: 62
GSLC Sharpe Ratio Rank: 63
GSLC Sortino Ratio Rank: 63
GSLC Omega Ratio Rank: 63
GSLC Calmar Ratio Rank: 54
GSLC Martin Ratio Rank: 65

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.

GSLC vs. MEME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC) 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.

	GSLC	MEME	Difference
Sharpe ratio Return per unit of total volatility	2.15	—	—
Sortino ratio Return per unit of downside risk	2.95	—	—
Omega ratio Gain probability vs. loss probability	1.39	—	—
Calmar ratio Return relative to maximum drawdown	2.70	—	—
Martin ratio Return relative to average drawdown	12.04	—	—
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

	GSLC	MEME	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.15	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.84	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	0.43	+0.39

Drawdowns

GSLC vs. MEME - Drawdown Comparison

The maximum GSLC drawdown since its inception was -33.69%, smaller than the maximum MEME drawdown of -48.78%. Use the drawdown chart below to compare losses from any high point for GSLC and MEME.

Drawdown Indicators

	GSLC	MEME	Difference
Max Drawdown Largest peak-to-trough decline	-33.69%	-48.78%	+15.09%
Max Drawdown (1Y) Largest decline over 1 year	-9.49%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.66%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.90%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.69%	—	—
Current Drawdown Current decline from peak	0.00%	-0.68%	+0.68%
Average Drawdown Average peak-to-trough decline	-4.39%	-30.05%	+25.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.13%	—	—

Volatility

Volatility by Period

	GSLC	MEME	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.65%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.82%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.70%	74.11%	-62.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.62%	74.11%	-57.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.68%	74.11%	-56.43%

GSLC vs. MEME - Expense Ratio Comparison

GSLC has a 0.09% expense ratio, which is lower than MEME's 0.69% expense ratio.

Dividends

GSLC vs. MEME - Dividend Comparison

GSLC's dividend yield for the trailing twelve months is around 0.92%, while MEME has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF	0.92%	1.00%	1.11%	1.38%	1.61%	1.06%	1.35%	1.54%	1.89%	1.69%	1.69%	0.36%
MEME Roundhill Meme Stock ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GSLC and MEME in my portfolio?

GSLC and MEME have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GSLC or MEME?

On fees, GSLC is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GSLC or MEME?

GSLC is cheaper with a 0.09% expense ratio, compared with 0.69% for MEME.

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

GSLC has the higher dividend yield at 0.92%, compared with 0.00% for MEME.

What is the main difference between GSLC and MEME?

They also come from different issuers: Goldman Sachs and Roundhill. Their fees differ too: 0.09% for GSLC and 0.69% for MEME.