MEME vs. GQGU

Last updated Jun 4, 2026

MEME (Roundhill Meme Stock ETF) and GQGU (GQG US Equity ETF) are both Large Cap Growth Equities funds. Both are actively managed. At a correlation of -0.22, they often move in opposite directions. MEME charges 0.69%/yr vs 0.49%/yr for GQGU.

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.

Returns By Period

In the year-to-date period, MEME achieves a 79.03% return, which is significantly higher than GQGU's 6.60% return.

MEME

• 1D: -5.29%
• 1M: 25.28%
• YTD: 79.03%
• 6M: 68.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GQGU

• 1D: -1.06%
• 1M: -1.65%
• YTD: 6.60%
• 6M: 7.16%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MEME vs. GQGU - Yearly Performance Comparison

	2026 (YTD)	2025
MEME Roundhill Meme Stock ETF	79.03%	-36.83%
GQGU GQG US Equity ETF	6.60%	-2.06%

Correlation

The correlation between MEME and GQGU is -0.22, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 9, 2025	-0.22

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	0.28	0.60	-0.32

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	-5.93%	-4.66%	-1.27%
Average Drawdown Average peak-to-trough decline	-29.90%	-2.54%	-27.36%

Volatility

Volatility by Period

	MEME	GQGU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	74.19%	10.14%	+64.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	74.19%	10.14%	+64.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	74.19%	10.14%	+64.05%

MEME vs. GQGU - Expense Ratio Comparison

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

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 0.96%.

Position	TTM	2025
GQGU GQG US Equity ETF	0.96%	1.02%
MEME Roundhill Meme Stock ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both MEME and GQGU in my portfolio?

MEME and GQGU 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.

Which ETF is better, MEME or GQGU?

On fees, GQGU is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MEME or GQGU?

GQGU is cheaper with a 0.49% expense ratio, compared with 0.69% for MEME.

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

GQGU has the higher dividend yield at 0.96%, compared with 0.00% for MEME.

What is the main difference between MEME and GQGU?

They also come from different issuers: Roundhill and GQG Partners. Their fees differ too: 0.69% for MEME and 0.49% for GQGU.