JGRO vs. MEME

Last updated Jun 4, 2026

JGRO (JPMorgan Active 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. JGRO charges 0.44%/yr vs 0.69%/yr for MEME.

Performance

JGRO vs. MEME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Active Growth ETF (JGRO) 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, JGRO achieves a 6.26% return, which is significantly lower than MEME's 79.03% return.

JGRO

• 1D: -0.89%
• 1M: 4.92%
• YTD: 6.26%
• 6M: 4.91%
• 1Y: 20.80%
• 3Y*: 22.91%
• 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)

JGRO vs. MEME - Yearly Performance Comparison

	2026 (YTD)	2025
JGRO JPMorgan Active Growth ETF	6.26%	-1.99%
MEME Roundhill Meme Stock ETF	79.03%	-36.83%

Correlation

The correlation between JGRO 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 9, 2025	0.60

JGRO vs. MEME - Sectors Allocation Comparison

Sectors	JGRO	MEME
Technology	42.0%	58.8%
Communication Services	13.9%	5.5%
Consumer Cyclical	11.7%	-
Healthcare	11.0%	5.4%
Industrials	9.2%	29.9%
Financial Services	5.6%	5.7%
Consumer Defensive	4.1%	-
Energy	1.9%	4.8%
Basic Materials	0.3%	4.6%
Real Estate	0.3%	-
Utilities	0.1%	10.7%

Return for Risk

JGRO vs. MEME — Risk / Return Rank

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

JGRO

JGRO Risk / Return Rank: 32
JGRO Sharpe Ratio Rank: 37
JGRO Sortino Ratio Rank: 35
JGRO Omega Ratio Rank: 36
JGRO Calmar Ratio Rank: 26
JGRO Martin Ratio Rank: 27

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.

JGRO vs. MEME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Active Growth ETF (JGRO) 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.

	JGRO	MEME	Difference
Sharpe ratio Return per unit of total volatility	1.36	—	—
Sortino ratio Return per unit of downside risk	1.89	—	—
Omega ratio Gain probability vs. loss probability	1.24	—	—
Calmar ratio Return relative to maximum drawdown	1.27	—	—
Martin ratio Return relative to average drawdown	3.83	—	—
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

	JGRO	MEME	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.36	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.01	0.28	+0.73

Drawdowns

JGRO vs. MEME - Drawdown Comparison

The maximum JGRO drawdown since its inception was -22.70%, smaller than the maximum MEME drawdown of -48.78%. Use the drawdown chart below to compare losses from any high point for JGRO and MEME.

Drawdown Indicators

	JGRO	MEME	Difference
Max Drawdown Largest peak-to-trough decline	-22.70%	-48.78%	+26.08%
Max Drawdown (1Y) Largest decline over 1 year	-16.44%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-22.70%	—	—
Current Drawdown Current decline from peak	-0.89%	-5.93%	+5.04%
Average Drawdown Average peak-to-trough decline	-4.85%	-29.90%	+25.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.44%	—	—

Volatility

Volatility by Period

	JGRO	MEME	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.79%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.43%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.40%	74.19%	-58.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.89%	74.19%	-54.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.89%	74.19%	-54.30%

JGRO vs. MEME - Expense Ratio Comparison

JGRO has a 0.44% expense ratio, which is lower than MEME's 0.69% expense ratio.

Dividends

JGRO vs. MEME - Dividend Comparison

JGRO's dividend yield for the trailing twelve months is around 0.15%, while MEME has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
JGRO JPMorgan Active Growth ETF	0.15%	0.16%	0.10%	0.17%	0.16%
MEME Roundhill Meme Stock ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JGRO and MEME in my portfolio?

JGRO 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, JGRO or MEME?

On fees, JGRO is cheaper at 0.44% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JGRO or MEME?

JGRO is cheaper with a 0.44% expense ratio, compared with 0.69% for MEME.

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

JGRO has the higher dividend yield at 0.15%, compared with 0.00% for MEME.

What is the main difference between JGRO and MEME?

They also come from different issuers: JPMorgan and Roundhill. Their fees differ too: 0.44% for JGRO and 0.69% for MEME.