MEME vs. GQGU

Last updated Apr 2, 2026

Compare and contrast key facts about Roundhill Meme Stock ETF (MEME) and GQG US Equity ETF (GQGU).

MEME and GQGU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MEME is an actively managed fund by Roundhill. It was launched on Oct 8, 2025. GQGU is an actively managed fund by GQG Partners. It was launched on Jul 14, 2025.

Performance

MEME vs. GQGU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Meme Stock ETF (MEME) and GQG US Equity ETF (GQGU). The values are adjusted to include any dividend payments, if applicable.

MEME vs. GQGU - Yearly Performance Comparison

	2026 (YTD)	2025
MEME Roundhill Meme Stock ETF	0.16%	-36.83%
GQGU GQG US Equity ETF	8.19%	-2.06%

Returns By Period

In the year-to-date period, MEME achieves a 0.16% return, which is significantly lower than GQGU's 8.19% return.

MEME

• 1D: 0.49%
• 1M: -10.26%
• YTD: 0.16%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GQGU

• 1D: -1.30%
• 1M: -3.10%
• YTD: 8.19%
• 6M: 6.64%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MEME vs. GQGU - Expense Ratio Comparison

MEME has a 0.69% expense ratio, which is higher than GQGU's 0.49% expense ratio.

MEME

Roundhill Meme Stock ETF

GQGU

GQG US Equity ETF

Return for Risk

MEME vs. GQGU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Meme Stock ETF (MEME) and GQG US Equity ETF (GQGU). 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	GQGU	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.81	1.02	-1.83

Correlation

The correlation between MEME and GQGU is -0.16. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

MEME vs. GQGU - Dividend Comparison

MEME has not paid dividends to shareholders, while GQGU's dividend yield for the trailing twelve months is around 0.94%.

	TTM	2025
MEME Roundhill Meme Stock ETF	0.00%	0.00%
GQGU GQG US Equity ETF	0.94%	1.02%

Drawdowns

MEME vs. GQGU - Drawdown Comparison

The maximum MEME drawdown since its inception was -48.78%, which is greater than GQGU's maximum drawdown of -6.65%. Use the drawdown chart below to compare losses from any high point for MEME and GQGU.

Drawdown Indicators

	MEME	GQGU	Difference
Max Drawdown Largest peak-to-trough decline	-48.78%	-6.65%	-42.13%
Current Drawdown Current decline from peak	-43.90%	-3.24%	-40.66%
Average Drawdown Average peak-to-trough decline	-34.21%	-2.21%	-32.00%

Volatility

Volatility by Period

	MEME	GQGU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	76.47%	9.66%	+66.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	76.47%	9.66%	+66.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	76.47%	9.66%	+66.81%