LCID vs. MEME
Compare and contrast key facts about Lucid Group, Inc. (LCID) and Listed Funds Trust - Roundhill MEME ETF (MEME).
MEME is a passively managed fund by Roundhill Investments that tracks the performance of the Solactive Roundhill Meme Stock Index. It was launched on Dec 8, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LCID or MEME.
Key characteristics
| LCID | MEME |
|---|
Correlation
The correlation between LCID and MEME is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
LCID vs. MEME - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
LCID vs. MEME - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lucid Group, Inc. (LCID) and Listed Funds Trust - Roundhill MEME 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.
Dividends
LCID vs. MEME - Dividend Comparison
Neither LCID nor MEME has paid dividends to shareholders.
| TTM | 2023 | 2022 | |
|---|---|---|---|
LCID Lucid Group, Inc. | 0.00% | 0.00% | 0.00% |
MEME Listed Funds Trust - Roundhill MEME ETF | 99.95% | 99.95% | 13.70% |
Drawdowns
LCID vs. MEME - Drawdown Comparison
Volatility
LCID vs. MEME - Volatility Comparison
Lucid Group, Inc. (LCID) has a higher volatility of 12.16% compared to Listed Funds Trust - Roundhill MEME ETF (MEME) at 0.00%. This indicates that LCID's price experiences larger fluctuations and is considered to be riskier than MEME based on this measure. The chart below showcases a comparison of their rolling one-month volatility.