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MEME vs. DGRO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

MEME vs. DGRO

Last updated Aug 4, 2026
Documentation

MEME (Roundhill Meme Stock ETF) and DGRO (iShares Core Dividend Growth ETF) are both Large Cap Growth Equities funds. MEME is actively managed, while DGRO is passively managed. Their 0.22 correlation means their historical movements had little consistent relationship. MEME charges 0.69%/yr vs 0.08%/yr for DGRO.

Performance

MEME vs. DGRO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Meme Stock ETF (MEME) and iShares Core Dividend Growth ETF (DGRO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, MEME achieves a 22.26% return, which is significantly higher than DGRO's 13.79% return.

MEME

1D
7.82%
1M
-9.65%
6M
7.37%
YTD
22.26%
1Y
—
3Y*
—
5Y*
—
10Y*
—
ALL TIME*
—

DGRO

1D
0.35%
1M
1.32%
6M
9.21%
YTD
13.79%
1Y
24.64%
3Y*
17.09%
5Y*
11.15%
10Y*
13.38%
ALL TIME*
12.49%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

DGRO

iShares Core Dividend Growth ETF
$107.57M$103.25M$110.55M

MEME

Roundhill Meme Stock ETF
$1.53M$1.33M$2.07M

MEME vs. DGRO - Yearly Performance Comparison

2026 (YTD)2025
MEME
Roundhill Meme Stock ETF		22.26%-38.00%
DGRO
iShares Core Dividend Growth ETF		13.79%2.04%

Correlation

The correlation between MEME and DGRO is 0.22, which is low. Their historical price movements had little consistent relationship.

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

0.22

MEME vs. DGRO - Sectors Allocation Comparison

Sectors
MEME
DGRO

Technology

81.9%
17.3%

Industrials

7.2%
11.3%

Healthcare

6.2%
17.9%

Communication Services

5.5%
0.1%

Financial Services

5.4%
20.4%

Utilities

4.9%
7.3%

Energy

4.8%
4.8%

Basic Materials

4.6%
2.5%

Consumer Cyclical

4.1%
6.5%

Consumer Defensive

-

11.9%

Real Estate

-

-

Technology

MEME
81.9%
DGRO
17.3%

Industrials

MEME
7.2%
DGRO
11.3%

Healthcare

MEME
6.2%
DGRO
17.9%

Communication Services

MEME
5.5%
DGRO
0.1%

Financial Services

MEME
5.4%
DGRO
20.4%

Utilities

MEME
4.9%
DGRO
7.3%

Energy

MEME
4.8%
DGRO
4.8%

Basic Materials

MEME
4.6%
DGRO
2.5%

Consumer Cyclical

MEME
4.1%
DGRO
6.5%

Consumer Defensive

MEME

-

DGRO
11.9%

Real Estate

MEME

-

DGRO

-

Compare stocks, funds, or ETFs

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

Roundhill Meme Stock ETF

iShares Core Dividend Growth ETF

Often compared with MEME:
MEME vs. AFLGMEME vs. ANEWMEME vs. IWFMEME vs. BCHPMEME vs. URAMEME vs. BELTMEME vs. TMFC
Often compared with DGRO:
DGRO vs. SCHDDGRO vs. VIGDGRO vs. VYMDGRO vs. VOODGRO vs. DGRWDGRO vs. DIVODGRO vs. HDV

Return for Risk

MEME vs. DGRO — Risk / Return Rank

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

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

DGRO
DGRO Risk / Return Rank: 9292
Overall Rank
DGRO Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
DGRO Sortino Ratio Rank: 9494
Sortino Ratio Rank
DGRO Omega Ratio Rank: 9393
Omega Ratio Rank
DGRO Calmar Ratio Rank: 9090
Calmar Ratio Rank
DGRO Martin Ratio Rank: 9090
Martin Ratio Rank
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.

MEME vs. DGRO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Meme Stock ETF (MEME) and iShares Core Dividend Growth ETF (DGRO). 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.

MEMEDGRODifference
Sharpe ratioReturn per unit of total volatility

—

2.60

—

Sortino ratioReturn per unit of downside risk

—

3.77

—

Omega ratioGain probability vs. loss probability

—

1.48

—

Calmar ratioReturn relative to maximum drawdown

—

3.83

—

Martin ratioReturn relative to average drawdown

—

14.91

—

MEME vs. DGRO - Sharpe Ratio Comparison

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Drawdowns

MEME vs. DGRO - Drawdown Comparison

The maximum MEME drawdown since its inception was -50.08%, which is greater than DGRO's maximum drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for MEME and DGRO.

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Drawdown Indicators

MEMEDGRODifference

Max Drawdown

Largest peak-to-trough decline

-50.08%

-35.10%

-14.98%

Max Drawdown (1Y)

Largest decline over 1 year

—

-6.47%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-14.03%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-19.31%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-35.10%

—

Current Drawdown

Current decline from peak

-35.76%

-1.01%

-34.75%

Average Drawdown

Average peak-to-trough decline

-29.29%

-3.41%

-25.88%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

1.66%

—

Volatility

MEME vs. DGRO - Volatility Comparison

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Volatility by Period

MEMEDGRODifference

Volatility (1M)

Calculated over the trailing 1-month period

—

2.88%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

7.12%

—

Volatility (1Y)

Calculated over the trailing 1-year period

79.35%

9.54%

+69.81%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

79.35%

13.79%

+65.56%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

79.35%

16.58%

+62.77%

MEME vs. DGRO - Expense Ratio Comparison

MEME has a 0.69% expense ratio, which is higher than DGRO's 0.08% expense ratio.

Dividends

MEME vs. DGRO - Dividend Comparison

MEME has not paid dividends to shareholders, while DGRO's dividend yield for the trailing twelve months is around 1.89%.

PositionTTM20252024202320222021202020192018201720162015
DGRO
iShares Core Dividend Growth ETF		1.89%2.09%2.26%2.45%2.34%1.93%2.30%2.21%2.44%2.03%2.27%2.52%
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

MEME and DGRO have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, DGRO is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

DGRO is cheaper with a 0.08% expense ratio, compared with 0.69% for MEME.

DGRO has the higher dividend yield at 1.89%, compared with 0.00% for MEME.

They also come from different issuers: Roundhill and iShares. Their fees differ too: 0.69% for MEME and 0.08% for DGRO.

Portfolio Optimizer

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