MEME vs. ITOT

Last updated Apr 2, 2026

Compare and contrast key facts about Roundhill Meme Stock ETF (MEME) and iShares Core S&P Total U.S. Stock Market ETF (ITOT).

MEME and ITOT 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. ITOT is a passively managed fund by iShares that tracks the performance of the S&P Composite 1500 Index. It was launched on Jan 20, 2004.

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.

MEME vs. ITOT - Yearly Performance Comparison

	2026 (YTD)	2025
MEME Roundhill Meme Stock ETF	0.16%	-36.83%
ITOT iShares Core S&P Total U.S. Stock Market ETF	-3.31%	1.30%

Returns By Period

In the year-to-date period, MEME achieves a 0.16% return, which is significantly higher than ITOT's -3.31% return.

MEME

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

ITOT

• 1D: 0.72%
• 1M: -4.34%
• YTD: -3.31%
• 6M: -1.32%
• 1Y: 18.51%
• 3Y*: 18.11%
• 5Y*: 10.62%
• 10Y*: 13.65%

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

MEME vs. ITOT - Expense Ratio Comparison

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

MEME

Roundhill Meme Stock ETF

ITOT

iShares Core S&P Total U.S. Stock Market ETF

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: 59
ITOT Sharpe Ratio Rank: 53
ITOT Sortino Ratio Rank: 57
ITOT Omega Ratio Rank: 60
ITOT Calmar Ratio Rank: 58
ITOT Martin Ratio Rank: 69

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	—	1.00	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.61	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.81	0.54	-1.35

Correlation

The correlation between MEME and ITOT is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

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 1.12%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
ITOT iShares Core S&P Total U.S. Stock Market ETF	1.12%	1.11%	1.23%	1.47%	1.66%	1.18%	1.41%	1.88%	2.14%	1.69%	1.83%	2.01%

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	—	-12.34%	—
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	-43.90%	-5.51%	-38.39%
Average Drawdown Average peak-to-trough decline	-34.21%	-7.02%	-27.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.61%	—

Volatility

Volatility by Period

	MEME	ITOT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.49%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.78%	—
Volatility (1Y) Calculated over the trailing 1-year period	76.47%	18.68%	+57.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	76.47%	17.36%	+59.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	76.47%	18.25%	+58.22%