JHML vs. MEME

Last updated Aug 5, 2026

JHML (John Hancock Multifactor Large Cap ETF) and MEME (Roundhill Meme Stock ETF) are both Large Cap Growth Equities funds. JHML is passively managed, while MEME is actively managed. Their 0.61 correlation means they have sometimes moved together and sometimes differently. JHML charges 0.29%/yr vs 0.69%/yr for MEME.

Performance

JHML vs. MEME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Multifactor Large Cap ETF (JHML) 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, JHML achieves a 15.20% return, which is significantly lower than MEME's 31.77% return.

JHML

• 1D: 1.67%
• 1M: 3.07%
• 6M: 12.51%
• YTD: 15.20%
• 1Y: 23.94%
• 3Y*: 19.61%
• 5Y*: 11.75%
• 10Y*: 14.12%
• ALL TIME*: 14.37%

MEME

• 1D: 7.78%
• 1M: -2.62%
• 6M: 9.37%
• YTD: 31.77%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
JHML John Hancock Multifactor Large Cap ETF	$1.89M	$3.02M	$2.56M
MEME Roundhill Meme Stock ETF	$1.70M	$1.38M	$2.07M

JHML vs. MEME - Yearly Performance Comparison

	2026 (YTD)	2025
JHML John Hancock Multifactor Large Cap ETF	15.20%	2.24%
MEME Roundhill Meme Stock ETF	31.77%	-38.00%

Correlation

The correlation between JHML and MEME is 0.61, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 8, 2025	0.61

JHML vs. MEME - Sectors Allocation Comparison

Sectors	JHML	MEME
Technology	30.7%	81.9%
Financial Services	13.6%	5.4%
Industrials	12.3%	7.2%
Consumer Cyclical	9.7%	4.1%
Healthcare	9.3%	6.2%
Communication Services	7.4%	5.5%
Consumer Defensive	4.7%	-
Utilities	3.7%	4.9%
Energy	3.7%	4.8%
Basic Materials	2.6%	4.6%
Real Estate	2.3%	-

Return for Risk

JHML vs. MEME — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JHML

JHML Risk / Return Rank: 79
JHML Sharpe Ratio Rank: 78
JHML Sortino Ratio Rank: 77
JHML Omega Ratio Rank: 77
JHML Calmar Ratio Rank: 76
JHML Martin Ratio Rank: 86

MEME

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

JHML vs. MEME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Multifactor Large Cap ETF (JHML) 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.

	JHML	MEME	Difference
Sharpe ratio: Return per unit of total volatility	1.99	—	—
Sortino ratio: Return per unit of downside risk	2.78	—	—
Omega ratio: Gain probability vs. loss probability	1.36	—	—
Calmar ratio: Return relative to maximum drawdown	3.03	—	—
Martin ratio: Return relative to average drawdown	13.63	—	—

Drawdowns

JHML vs. MEME - Drawdown Comparison

The maximum JHML drawdown since its inception was -36.13%, smaller than the maximum MEME drawdown of -50.08%. Use the drawdown chart below to compare losses from any high point for JHML and MEME.

Drawdown Indicators

	JHML	MEME	Difference
Max Drawdown Largest peak-to-trough decline	-36.13%	-50.08%	+13.95%
Max Drawdown (1Y) Largest decline over 1 year	-7.95%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.20%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-23.47%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.13%	—	—
Current Drawdown Current decline from peak	0.00%	-30.76%	+30.76%
Average Drawdown Average peak-to-trough decline	-4.24%	-29.30%	+25.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.76%	—	—

Volatility

Volatility by Period

	JHML	MEME	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.51%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.58%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.16%	79.62%	-67.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.36%	79.62%	-63.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.75%	79.62%	-61.87%

JHML vs. MEME - Expense Ratio Comparison

JHML has a 0.29% expense ratio, which is lower than MEME's 0.69% expense ratio.

Dividends

JHML vs. MEME - Dividend Comparison

JHML's dividend yield for the trailing twelve months is around 0.93%, while MEME has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JHML John Hancock Multifactor Large Cap ETF	0.93%	1.06%	1.16%	1.39%	1.46%	1.08%	1.59%	1.73%	1.57%	1.44%	1.36%	0.38%
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 JHML and MEME in my portfolio?

JHML and MEME have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JHML or MEME?

On fees, JHML is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JHML or MEME?

JHML is cheaper with a 0.29% expense ratio, compared with 0.69% for MEME.

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

JHML has the higher dividend yield at 0.93%, compared with 0.00% for MEME.

What is the main difference between JHML and MEME?

They also come from different issuers: Manulife and Roundhill. Their fees differ too: 0.29% for JHML and 0.69% for MEME.