MEME vs. FITZ

Last updated Jun 5, 2026

MEME (Roundhill Meme Stock ETF) and FITZ (Fitz-Gerald Must Have Portfolio ETF) are both Large Cap Growth Equities funds. Both are actively managed. At a 0.40 correlation, their price movements are largely independent. MEME charges 0.69%/yr vs 0.75%/yr for FITZ.

Performance

MEME vs. FITZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Meme Stock ETF (MEME) and Fitz-Gerald Must Have Portfolio ETF (FITZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MEME

• 1D: 1.71%
• 1M: 21.14%
• YTD: 82.10%
• 6M: 57.24%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FITZ

• 1D: -0.20%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MEME vs. FITZ - Yearly Performance Comparison

	2026 (YTD)
MEME Roundhill Meme Stock ETF	-4.32%
FITZ Fitz-Gerald Must Have Portfolio ETF	-1.66%

Correlation

The correlation between MEME and FITZ is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.40

Return for Risk

MEME vs. FITZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Meme Stock ETF (MEME) and Fitz-Gerald Must Have Portfolio ETF (FITZ). 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.

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

Sharpe Ratios by Period

	MEME	FITZ	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	-7.29	+7.62

Drawdowns

MEME vs. FITZ - Drawdown Comparison

The maximum MEME drawdown since its inception was -48.78%, which is greater than FITZ's maximum drawdown of -1.97%. Use the drawdown chart below to compare losses from any high point for MEME and FITZ.

Drawdown Indicators

	MEME	FITZ	Difference
Max Drawdown Largest peak-to-trough decline	-48.78%	-1.97%	-46.81%
Current Drawdown Current decline from peak	-4.32%	-1.97%	-2.35%
Average Drawdown Average peak-to-trough decline	-29.74%	-1.08%	-28.66%

Volatility

Volatility by Period

	MEME	FITZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	73.99%	8.74%	+65.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	73.99%	8.74%	+65.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.99%	8.74%	+65.25%

MEME vs. FITZ - Expense Ratio Comparison

MEME has a 0.69% expense ratio, which is lower than FITZ's 0.75% expense ratio.

Dividends

MEME vs. FITZ - Dividend Comparison

Neither MEME nor FITZ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both MEME and FITZ in my portfolio?

MEME and FITZ have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MEME or FITZ?

On fees, MEME is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MEME or FITZ?

MEME is cheaper with a 0.69% expense ratio, compared with 0.75% for FITZ.

Which ETF pays a higher dividend yield, MEME or FITZ?

MEME and FITZ have nearly identical dividend yields, around 0.00%.

What is the main difference between MEME and FITZ?

They also come from different issuers: Roundhill and Nicholas. Their fees differ too: 0.69% for MEME and 0.75% for FITZ.