MEME vs. BABA
Compare and contrast key facts about Listed Funds Trust - Roundhill MEME ETF (MEME) and Alibaba Group Holding Limited (BABA).
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: MEME or BABA.
Performance
MEME vs. BABA - Performance Comparison
Returns By Period
MEME
N/A
N/A
N/A
N/A
N/A
N/A
BABA
16.26%
-12.77%
2.08%
17.67%
-12.96%
-1.91%
Key characteristics
| MEME | BABA |
|---|
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Correlation
The correlation between MEME and BABA is 0.44, 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.
Risk-Adjusted Performance
MEME vs. BABA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Listed Funds Trust - Roundhill MEME ETF (MEME) and Alibaba Group Holding Limited (BABA). 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. BABA - Dividend Comparison
MEME has not paid dividends to shareholders, while BABA's dividend yield for the trailing twelve months is around 1.86%.
| TTM | 2023 | 2022 | |
|---|---|---|---|
MEME Listed Funds Trust - Roundhill MEME ETF | 99.95% | 99.95% | 13.70% |
BABA Alibaba Group Holding Limited | 1.86% | 1.29% | 0.00% |
Drawdowns
MEME vs. BABA - Drawdown Comparison
Volatility
MEME vs. BABA - Volatility Comparison
The current volatility for Listed Funds Trust - Roundhill MEME ETF (MEME) is 0.00%, while Alibaba Group Holding Limited (BABA) has a volatility of 9.96%. This indicates that MEME experiences smaller price fluctuations and is considered to be less risky than BABA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.