MEME vs. ARKK
Compare and contrast key facts about Listed Funds Trust - Roundhill MEME ETF (MEME) and ARK Innovation ETF (ARKK).
MEME and ARKK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. ARKK is an actively managed fund by ARK Investment Management. It was launched on Oct 31, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MEME or ARKK.
Performance
MEME vs. ARKK - Performance Comparison
Returns By Period
MEME
N/A
N/A
N/A
N/A
N/A
N/A
ARKK
2.08%
11.31%
17.62%
22.33%
2.74%
11.39%
Key characteristics
| MEME | ARKK |
|---|
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MEME vs. ARKK - Expense Ratio Comparison
MEME has a 0.69% expense ratio, which is lower than ARKK's 0.75% expense ratio.
Correlation
The correlation between MEME and ARKK is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
MEME vs. ARKK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Listed Funds Trust - Roundhill MEME ETF (MEME) and ARK Innovation ETF (ARKK). 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
MEME vs. ARKK - Dividend Comparison
Neither MEME nor ARKK has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
MEME Listed Funds Trust - Roundhill MEME ETF | 99.95% | 99.95% | 13.70% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ARKK ARK Innovation ETF | 0.00% | 0.00% | 0.00% | 0.83% | 1.31% | 0.38% | 3.14% | 1.32% | 0.00% | 2.27% |
Drawdowns
MEME vs. ARKK - Drawdown Comparison
Volatility
MEME vs. ARKK - Volatility Comparison
The current volatility for Listed Funds Trust - Roundhill MEME ETF (MEME) is 0.00%, while ARK Innovation ETF (ARKK) has a volatility of 14.33%. This indicates that MEME experiences smaller price fluctuations and is considered to be less risky than ARKK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.