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JHML vs. MEME
Performance
Return for Risk
Drawdowns
Volatility
Dividends

JHML vs. MEME

Last updated Jun 4, 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. A 0.59 correlation means they provide meaningful diversification when combined. 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.

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Returns By Period

In the year-to-date period, JHML achieves a 11.62% return, which is significantly lower than MEME's 79.03% return.

JHML

1D
-0.45%
1M
4.79%
YTD
11.62%
6M
11.80%
1Y
26.67%
3Y*
20.37%
5Y*
11.88%
10Y*
14.24%

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)

JHML vs. MEME - Yearly Performance Comparison

2026 (YTD)2025
JHML
John Hancock Multifactor Large Cap ETF		11.62%1.67%
MEME
Roundhill Meme Stock ETF		79.03%-36.83%

Correlation

The correlation between JHML and MEME is 0.59, 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

0.59

JHML vs. MEME - Sectors Allocation Comparison

Sectors
JHML
MEME

Technology

27.8%
58.8%

Financial Services

13.8%
5.7%

Industrials

12.2%
29.9%

Consumer Cyclical

10.3%

-

Healthcare

9.0%
5.4%

Communication Services

8.4%
5.5%

Consumer Defensive

5.1%

-

Energy

4.3%
4.8%

Utilities

4.0%
10.7%

Basic Materials

2.8%
4.6%

Real Estate

2.4%

-

Technology

JHML
27.8%
MEME
58.8%

Financial Services

JHML
13.8%
MEME
5.7%

Industrials

JHML
12.2%
MEME
29.9%

Consumer Cyclical

JHML
10.3%
MEME

-

Healthcare

JHML
9.0%
MEME
5.4%

Communication Services

JHML
8.4%
MEME
5.5%

Consumer Defensive

JHML
5.1%
MEME

-

Energy

JHML
4.3%
MEME
4.8%

Utilities

JHML
4.0%
MEME
10.7%

Basic Materials

JHML
2.8%
MEME
4.6%

Real Estate

JHML
2.4%
MEME

-

Compare stocks, funds, or ETFs

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

John Hancock Multifactor Large Cap ETF

Roundhill Meme Stock ETF

Often compared with JHML:
JHML vs. SPYJHML vs. VOOJHML vs. FBGRXJHML vs. JHDVJHML vs. BDGSJHML vs. IVVJHML vs. ^GSPC
Often compared with MEME:
MEME vs. AFLGMEME vs. ANEWMEME vs. IWFMEME vs. URAMEME vs. BCHPMEME vs. QQQMMEME vs. TMFC

Return for Risk

JHML vs. MEME — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
JHML
JHML Risk / Return Rank: 7272
Overall Rank
JHML Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
JHML Sortino Ratio Rank: 7272
Sortino Ratio Rank
JHML Omega Ratio Rank: 7171
Omega Ratio Rank
JHML Calmar Ratio Rank: 6868
Calmar Ratio Rank
JHML Martin Ratio Rank: 8080
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.

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.

JHMLMEMEDifference
Sharpe ratioReturn per unit of total volatility
2.34

—

—

Sortino ratioReturn per unit of downside risk
3.28

—

—

Omega ratioGain probability vs. loss probability

1.42

—

—

Calmar ratioReturn relative to maximum drawdown

3.37

—

—

Martin ratioReturn relative to average drawdown

15.61

—

—

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

JHML vs. MEME - Sharpe Ratio Comparison

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Sharpe Ratios by Period

JHMLMEMEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.34

—

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.73

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.80

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.81

0.28

+0.53

Drawdowns

JHML vs. MEME - Drawdown Comparison

The maximum JHML drawdown since its inception was -36.13%, smaller than the maximum MEME drawdown of -48.78%. Use the drawdown chart below to compare losses from any high point for JHML and MEME.

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Drawdown Indicators

JHMLMEMEDifference

Max Drawdown

Largest peak-to-trough decline

-36.13%

-48.78%

+12.65%

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

-0.45%

-5.93%

+5.48%

Average Drawdown

Average peak-to-trough decline

-4.29%

-29.90%

+25.61%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.71%

—

—

Volatility

JHML vs. MEME - Volatility Comparison

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Volatility by Period

JHMLMEMEDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.84%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

8.70%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

11.48%

74.19%

-62.71%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.29%

74.19%

-57.90%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.76%

74.19%

-56.43%

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 0.95%, while MEME has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
JHML
John Hancock Multifactor Large Cap ETF		0.95%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

JHML and MEME have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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.

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

JHML has the higher dividend yield at 0.95%, compared with 0.00% for MEME.

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

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