MEME vs. ITOT

Last updated Jun 3, 2026

MEME (Roundhill Meme Stock ETF) and ITOT (iShares Core S&P Total U.S. Stock Market ETF) are both Large Cap Growth Equities funds. MEME is actively managed, while ITOT is passively managed. A 0.61 correlation means they provide meaningful diversification when combined. MEME charges 0.69%/yr vs 0.03%/yr for ITOT.

Performance

MEME vs. ITOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Meme Stock ETF (MEME) and iShares Core S&P Total U.S. Stock Market ETF (ITOT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MEME achieves a 89.03% return, which is significantly higher than ITOT's 12.07% return.

MEME

• 1D: 4.46%
• 1M: 34.40%
• YTD: 89.03%
• 6M: 82.84%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ITOT

• 1D: 0.25%
• 1M: 5.39%
• YTD: 12.07%
• 6M: 12.47%
• 1Y: 29.98%
• 3Y*: 22.39%
• 5Y*: 13.05%
• 10Y*: 15.10%

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

MEME vs. ITOT - Yearly Performance Comparison

	2026 (YTD)	2025
MEME Roundhill Meme Stock ETF	89.03%	-36.83%
ITOT iShares Core S&P Total U.S. Stock Market ETF	12.07%	1.30%

Correlation

The correlation between MEME and ITOT is 0.61, 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	0.61

MEME vs. ITOT - Sectors Allocation Comparison

Sectors	MEME	ITOT
Technology	58.8%	33.8%
Industrials	29.9%	9.5%
Utilities	10.7%	2.3%
Financial Services	5.7%	12.1%
Communication Services	5.5%	10.3%
Healthcare	5.4%	9.0%
Energy	4.8%	3.7%
Basic Materials	4.6%	2.1%
Consumer Cyclical	-	10.1%
Consumer Defensive	-	4.7%
Real Estate	-	2.4%

Return for Risk

MEME vs. ITOT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ITOT

ITOT Risk / Return Rank: 74
ITOT Sharpe Ratio Rank: 75
ITOT Sortino Ratio Rank: 73
ITOT Omega Ratio Rank: 74
ITOT Calmar Ratio Rank: 69
ITOT Martin Ratio Rank: 80

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MEME vs. ITOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Meme Stock ETF (MEME) and iShares Core S&P Total U.S. Stock Market ETF (ITOT). 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	ITOT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.47	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.76	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.83	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.57	-0.14

Drawdowns

MEME vs. ITOT - Drawdown Comparison

The maximum MEME drawdown since its inception was -48.78%, smaller than the maximum ITOT drawdown of -55.20%. Use the drawdown chart below to compare losses from any high point for MEME and ITOT.

Drawdown Indicators

	MEME	ITOT	Difference
Max Drawdown Largest peak-to-trough decline	-48.78%	-55.20%	+6.42%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.90%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.44%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.36%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.00%	—
Current Drawdown Current decline from peak	-0.68%	0.00%	-0.68%
Average Drawdown Average peak-to-trough decline	-30.05%	-6.97%	-23.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.93%	—

Volatility

Volatility by Period

	MEME	ITOT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.89%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.11%	—
Volatility (1Y) Calculated over the trailing 1-year period	74.11%	12.18%	+61.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	74.11%	17.36%	+56.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	74.11%	18.27%	+55.84%

MEME vs. ITOT - Expense Ratio Comparison

MEME has a 0.69% expense ratio, which is higher than ITOT's 0.03% expense ratio.

Dividends

MEME vs. ITOT - Dividend Comparison

MEME has not paid dividends to shareholders, while ITOT's dividend yield for the trailing twelve months is around 0.97%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ITOT iShares Core S&P Total U.S. Stock Market ETF	0.97%	1.11%	1.23%	1.47%	1.66%	1.18%	1.41%	1.88%	2.14%	1.69%	1.83%	2.01%
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

Can I hold both MEME and ITOT in my portfolio?

MEME and ITOT have a correlation of 0.61, 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 ITOT?

On fees, ITOT is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MEME or ITOT?

ITOT is cheaper with a 0.03% expense ratio, compared with 0.69% for MEME.

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

ITOT has the higher dividend yield at 0.97%, compared with 0.00% for MEME.

What is the main difference between MEME and ITOT?

They also come from different issuers: Roundhill and iShares. Their fees differ too: 0.69% for MEME and 0.03% for ITOT.