HERO vs. MEME

Last updated Jun 4, 2026

HERO (Global X Video Games & Esports ETF) and MEME (Roundhill Meme Stock ETF) are both Large Cap Growth Equities funds. HERO is passively managed, while MEME is actively managed. At a 0.43 correlation, their price movements are largely independent. HERO charges 0.50%/yr vs 0.69%/yr for MEME.

Performance

HERO vs. MEME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Video Games & Esports ETF (HERO) 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, HERO achieves a -13.80% return, which is significantly lower than MEME's 79.03% return.

HERO

• 1D: -2.41%
• 1M: -2.63%
• YTD: -13.80%
• 6M: -16.14%
• 1Y: -12.41%
• 3Y*: 9.75%
• 5Y*: -3.62%
• 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)

HERO vs. MEME - Yearly Performance Comparison

	2026 (YTD)	2025
HERO Global X Video Games & Esports ETF	-13.80%	-10.38%
MEME Roundhill Meme Stock ETF	79.03%	-36.83%

Correlation

The correlation between HERO and MEME is 0.43, 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	0.43

HERO vs. MEME - Sectors Allocation Comparison

Sectors	HERO	MEME
Communication Services	93.0%	5.5%
Technology	5.6%	58.8%
Industrials	1.4%	29.9%
Basic Materials	-	4.6%
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	4.8%
Financial Services	-	5.7%
Healthcare	-	5.4%
Real Estate	-	-
Utilities	-	10.7%

Return for Risk

HERO vs. MEME — Risk / Return Rank

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

HERO

HERO Risk / Return Rank: 4
HERO Sharpe Ratio Rank: 3
HERO Sortino Ratio Rank: 4
HERO Omega Ratio Rank: 3
HERO Calmar Ratio Rank: 5
HERO Martin Ratio Rank: 5

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.

HERO vs. MEME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Video Games & Esports ETF (HERO) 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.

	HERO	MEME	Difference
Sharpe ratio Return per unit of total volatility	-0.64	—	—
Sortino ratio Return per unit of downside risk	-0.77	—	—
Omega ratio Gain probability vs. loss probability	0.91	—	—
Calmar ratio Return relative to maximum drawdown	-0.47	—	—
Martin ratio Return relative to average drawdown	-0.88	—	—
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

	HERO	MEME	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.64	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.16	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.28	+0.10

Drawdowns

HERO vs. MEME - Drawdown Comparison

The maximum HERO drawdown since its inception was -54.02%, which is greater than MEME's maximum drawdown of -48.78%. Use the drawdown chart below to compare losses from any high point for HERO and MEME.

Drawdown Indicators

	HERO	MEME	Difference
Max Drawdown Largest peak-to-trough decline	-54.02%	-48.78%	-5.24%
Max Drawdown (1Y) Largest decline over 1 year	-26.64%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-26.64%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-48.44%	—	—
Current Drawdown Current decline from peak	-27.46%	-5.93%	-21.53%
Average Drawdown Average peak-to-trough decline	-25.97%	-29.90%	+3.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.11%	—	—

Volatility

Volatility by Period

	HERO	MEME	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.13%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.10%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	19.52%	74.19%	-54.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.37%	74.19%	-50.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.50%	74.19%	-49.69%

HERO vs. MEME - Expense Ratio Comparison

HERO has a 0.50% expense ratio, which is lower than MEME's 0.69% expense ratio.

Dividends

HERO vs. MEME - Dividend Comparison

HERO's dividend yield for the trailing twelve months is around 1.88%, while MEME has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
HERO Global X Video Games & Esports ETF	1.88%	1.62%	1.06%	0.73%	0.28%	0.79%	0.71%	0.17%
MEME Roundhill Meme Stock ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HERO and MEME in my portfolio?

HERO and MEME have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HERO or MEME?

On fees, HERO is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HERO or MEME?

HERO is cheaper with a 0.50% expense ratio, compared with 0.69% for MEME.

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

HERO has the higher dividend yield at 1.88%, compared with 0.00% for MEME.

What is the main difference between HERO and MEME?

They also come from different issuers: Global X and Roundhill. Their fees differ too: 0.50% for HERO and 0.69% for MEME.