HFGO vs. MEME

Last updated Jun 26, 2026

HFGO (Hartford Large Cap Growth ETF) and MEME (Roundhill Meme Stock ETF) are both Large Cap Growth Equities funds. Both are actively managed. A 0.60 correlation means they provide meaningful diversification when combined. HFGO charges 0.60%/yr vs 0.69%/yr for MEME.

Performance

HFGO vs. MEME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Large Cap Growth ETF (HFGO) 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, HFGO achieves a 3.70% return, which is significantly lower than MEME's 48.23% return.

HFGO

• 1D: -0.32%
• 1M: -4.36%
• YTD: 3.70%
• 6M: 2.09%
• 1Y: 16.99%
• 3Y*: 23.50%
• 5Y*: —
• 10Y*: —

MEME

• 1D: -1.08%
• 1M: -18.82%
• YTD: 48.23%
• 6M: 37.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HFGO vs. MEME - Yearly Performance Comparison

	2026 (YTD)	2025
HFGO Hartford Large Cap Growth ETF	3.70%	0.63%
MEME Roundhill Meme Stock ETF	48.23%	-38.00%

Correlation

The correlation between HFGO and MEME is 0.60, 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 8, 2025	0.60

HFGO vs. MEME - Sectors Allocation Comparison

Sectors	HFGO	MEME
Technology	55.3%	66.7%
Communication Services	19.7%	5.5%
Consumer Cyclical	11.8%	-
Healthcare	7.2%	5.4%
Industrials	3.6%	22.3%
Financial Services	2.0%	5.5%
Consumer Defensive	0.5%	-
Energy	0.5%	4.8%
Basic Materials	-	4.6%
Real Estate	-	-
Utilities	-	4.9%

Return for Risk

HFGO vs. MEME — Risk / Return Rank

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

HFGO

HFGO Risk / Return Rank: 24
HFGO Sharpe Ratio Rank: 26
HFGO Sortino Ratio Rank: 24
HFGO Omega Ratio Rank: 25
HFGO Calmar Ratio Rank: 22
HFGO Martin Ratio Rank: 24

MEME

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

HFGO vs. MEME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Large Cap Growth ETF (HFGO) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	HFGO	MEME	Difference
Sharpe ratio: Return per unit of total volatility	0.88	—	—
Sortino ratio: Return per unit of downside risk	1.30	—	—
Omega ratio: Gain probability vs. loss probability	1.16	—	—
Calmar ratio: Return relative to maximum drawdown	0.93	—	—
Martin ratio: Return relative to average drawdown	2.90	—	—

Drawdowns

HFGO vs. MEME - Drawdown Comparison

The maximum HFGO drawdown since its inception was -44.64%, smaller than the maximum MEME drawdown of -48.78%. Use the drawdown chart below to compare losses from any high point for HFGO and MEME.

Drawdown Indicators

	HFGO	MEME	Difference
Max Drawdown Largest peak-to-trough decline	-44.64%	-48.78%	+4.14%
Max Drawdown (1Y) Largest decline over 1 year	-18.29%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-25.19%	—	—
Current Drawdown Current decline from peak	-8.32%	-22.12%	+13.80%
Average Drawdown Average peak-to-trough decline	-15.97%	-28.55%	+12.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.86%	—	—

Volatility

Volatility by Period

	HFGO	MEME	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.36%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.38%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	19.36%	75.33%	-55.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.99%	75.33%	-49.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.99%	75.33%	-49.34%

HFGO vs. MEME - Expense Ratio Comparison

HFGO has a 0.60% expense ratio, which is lower than MEME's 0.69% expense ratio.

Dividends

HFGO vs. MEME - Dividend Comparison

Neither HFGO nor MEME has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both HFGO and MEME in my portfolio?

HFGO and MEME have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HFGO or MEME?

On fees, HFGO is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HFGO or MEME?

HFGO is cheaper with a 0.60% expense ratio, compared with 0.69% for MEME.

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

HFGO and MEME have nearly identical dividend yields, around 0.00%.

What is the main difference between HFGO and MEME?

They also come from different issuers: Hartford and Roundhill. Their fees differ too: 0.60% for HFGO and 0.69% for MEME.