MEME vs. FMTM
MEME (Roundhill Meme Stock ETF) and FMTM (MarketDesk Focused U.S. Momentum ETF) are both exchange-traded funds - MEME is a Large Cap Growth Equities fund actively managed by Roundhill, while FMTM is a Momentum fund. Both are actively managed. A 0.63 correlation means they provide meaningful diversification when combined. MEME charges 0.69%/yr vs 0.45%/yr for FMTM.
Performance
MEME vs. FMTM - Performance Comparison
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Returns By Period
In the year-to-date period, MEME achieves a 82.10% return, which is significantly higher than FMTM's 31.40% return.
MEME
- 1D
- 1.71%
- 1M
- 21.14%
- YTD
- 82.10%
- 6M
- 57.24%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FMTM
- 1D
- -0.26%
- 1M
- 4.57%
- YTD
- 31.40%
- 6M
- 33.68%
- 1Y
- 63.73%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MEME vs. FMTM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MEME Roundhill Meme Stock ETF | 82.10% | -36.83% |
FMTM MarketDesk Focused U.S. Momentum ETF | 31.40% | 5.78% |
Correlation
The correlation between MEME and FMTM is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 9, 2025 | 0.63 |
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Return for Risk
MEME vs. FMTM — Risk / Return Rank
MEME
FMTM
MEME vs. FMTM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Meme Stock ETF (MEME) and MarketDesk Focused U.S. Momentum ETF (FMTM). 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.
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Sharpe Ratios by Period
| MEME | FMTM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.81 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 2.36 | -2.04 |
Drawdowns
MEME vs. FMTM - Drawdown Comparison
The maximum MEME drawdown since its inception was -48.78%, which is greater than FMTM's maximum drawdown of -12.12%. Use the drawdown chart below to compare losses from any high point for MEME and FMTM.
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Drawdown Indicators
| MEME | FMTM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.78% | -12.12% | -36.66% |
Max Drawdown (1Y)Largest decline over 1 year | — | -12.12% | — |
Current DrawdownCurrent decline from peak | -4.32% | -0.26% | -4.06% |
Average DrawdownAverage peak-to-trough decline | -29.74% | -1.88% | -27.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.10% | — |
Volatility
MEME vs. FMTM - Volatility Comparison
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Volatility by Period
| MEME | FMTM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.45% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 17.84% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 73.99% | 22.83% | +51.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 73.99% | 22.91% | +51.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 73.99% | 22.91% | +51.08% |
MEME vs. FMTM - Expense Ratio Comparison
MEME has a 0.69% expense ratio, which is higher than FMTM's 0.45% expense ratio.
Dividends
MEME vs. FMTM - Dividend Comparison
MEME has not paid dividends to shareholders, while FMTM's dividend yield for the trailing twelve months is around 0.23%.
| Position | TTM | 2025 |
|---|---|---|
FMTM MarketDesk Focused U.S. Momentum ETF | 0.23% | 0.30% |
MEME Roundhill Meme Stock ETF | 0.00% | 0.00% |
Frequently Asked Questions
MEME and FMTM have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FMTM is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FMTM is cheaper with a 0.45% expense ratio, compared with 0.69% for MEME.
FMTM has the higher dividend yield at 0.23%, compared with 0.00% for MEME.
MEME is categorized as Large Cap Growth Equities, while FMTM is Momentum. Their fees differ too: 0.69% for MEME and 0.45% for FMTM.
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