PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
IWY vs. MEME
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IWY vs. MEME

Last updated Jun 4, 2026

IWY (iShares Russell Top 200 Growth ETF) and MEME (Roundhill Meme Stock ETF) are both Large Cap Growth Equities funds. IWY is passively managed, while MEME is actively managed. A 0.50 correlation means they provide meaningful diversification when combined. IWY charges 0.20%/yr vs 0.69%/yr for MEME.

Performance

IWY vs. MEME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Russell Top 200 Growth ETF (IWY) and Roundhill Meme Stock ETF (MEME). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, IWY achieves a 7.20% return, which is significantly lower than MEME's 79.03% return.

IWY

1D
-1.41%
1M
5.83%
YTD
7.20%
6M
6.65%
1Y
26.69%
3Y*
25.47%
5Y*
16.45%
10Y*
19.57%

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)

IWY vs. MEME - Yearly Performance Comparison

2026 (YTD)2025
IWY
iShares Russell Top 200 Growth ETF		7.20%-0.13%
MEME
Roundhill Meme Stock ETF		79.03%-36.83%

Correlation

The correlation between IWY and MEME is 0.50, 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

0.50

IWY vs. MEME - Sectors Allocation Comparison

Sectors
IWY
MEME

Technology

54.9%
58.8%

Communication Services

13.9%
5.5%

Consumer Cyclical

11.4%

-

Healthcare

6.6%
5.4%

Financial Services

5.6%
5.7%

Industrials

4.0%
29.9%

Consumer Defensive

3.0%

-

Utilities

1.1%
10.7%

Real Estate

0.3%

-

Basic Materials

0.3%
4.6%

Energy

0.0%
4.8%

Technology

IWY
54.9%
MEME
58.8%

Communication Services

IWY
13.9%
MEME
5.5%

Consumer Cyclical

IWY
11.4%
MEME

-

Healthcare

IWY
6.6%
MEME
5.4%

Financial Services

IWY
5.6%
MEME
5.7%

Industrials

IWY
4.0%
MEME
29.9%

Consumer Defensive

IWY
3.0%
MEME

-

Utilities

IWY
1.1%
MEME
10.7%

Real Estate

IWY
0.3%
MEME

-

Basic Materials

IWY
0.3%
MEME
4.6%

Energy

IWY
0.0%
MEME
4.8%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Russell Top 200 Growth ETF

Roundhill Meme Stock ETF

Often compared with IWY:
IWY vs. QQQIWY vs. SCHGIWY vs. SPYIWY vs. IWFIWY vs. MGKIWY vs. VONGIWY vs. IVW
Often compared with MEME:
MEME vs. AFLGMEME vs. ANEWMEME vs. IWFMEME vs. URAMEME vs. BCHPMEME vs. QQQMMEME vs. TMFC

Return for Risk

IWY vs. MEME — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IWY
IWY Risk / Return Rank: 4141
Overall Rank
IWY Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
IWY Sortino Ratio Rank: 4646
Sortino Ratio Rank
IWY Omega Ratio Rank: 4646
Omega Ratio Rank
IWY Calmar Ratio Rank: 3232
Calmar Ratio Rank
IWY Martin Ratio Rank: 3434
Martin Ratio Rank
MEME
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.

IWY vs. MEME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Russell Top 200 Growth ETF (IWY) 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.

IWYMEMEDifference
Sharpe ratioReturn per unit of total volatility
1.73

—

—

Sortino ratioReturn per unit of downside risk
2.36

—

—

Omega ratioGain probability vs. loss probability

1.30

—

—

Calmar ratioReturn relative to maximum drawdown

1.61

—

—

Martin ratioReturn relative to average drawdown

5.26

—

—

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IWY vs. MEME - Sharpe Ratio Comparison

Loading charts...

Sharpe Ratios by Period

IWYMEMEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.73

—

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.77

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.94

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.92

0.28

+0.64

Drawdowns

IWY vs. MEME - Drawdown Comparison

The maximum IWY drawdown since its inception was -32.68%, smaller than the maximum MEME drawdown of -48.78%. Use the drawdown chart below to compare losses from any high point for IWY and MEME.

Loading charts...

Drawdown Indicators

IWYMEMEDifference

Max Drawdown

Largest peak-to-trough decline

-32.68%

-48.78%

+16.10%

Max Drawdown (1Y)

Largest decline over 1 year

-16.63%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-23.22%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-32.68%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-32.68%

—

—

Current Drawdown

Current decline from peak

-1.82%

-5.93%

+4.11%

Average Drawdown

Average peak-to-trough decline

-4.75%

-29.90%

+25.15%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.09%

—

—

Volatility

IWY vs. MEME - Volatility Comparison

Loading charts...

Volatility by Period

IWYMEMEDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.69%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

11.65%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

15.54%

74.19%

-58.65%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.48%

74.19%

-52.71%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.97%

74.19%

-53.22%

IWY vs. MEME - Expense Ratio Comparison

IWY has a 0.20% expense ratio, which is lower than MEME's 0.69% expense ratio.

Dividends

IWY vs. MEME - Dividend Comparison

IWY's dividend yield for the trailing twelve months is around 0.33%, while MEME has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
IWY
iShares Russell Top 200 Growth ETF		0.33%0.36%0.42%0.68%0.88%0.50%0.71%1.06%1.32%1.26%1.51%1.58%
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

IWY and MEME have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, IWY is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

IWY is cheaper with a 0.20% expense ratio, compared with 0.69% for MEME.

IWY has the higher dividend yield at 0.33%, compared with 0.00% for MEME.

They also come from different issuers: iShares and Roundhill. Their fees differ too: 0.20% for IWY and 0.69% for MEME.

Portfolio Optimizer

Find the right allocation for IWY and MEME

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer