MEME vs. LCID
Compare and contrast key facts about Listed Funds Trust - Roundhill MEME ETF (MEME) and Lucid Group, Inc. (LCID).
MEME is a passively managed fund by Roundhill Investments that tracks the performance of the Solactive Roundhill Meme Stock Index. It was launched on Dec 8, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MEME or LCID.
Key characteristics
| MEME | LCID |
|---|
Correlation
The correlation between MEME and LCID is 0.65, 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.
Performance
MEME vs. LCID - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
MEME vs. LCID - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Listed Funds Trust - Roundhill MEME ETF (MEME) and Lucid Group, Inc. (LCID). 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.
Dividends
MEME vs. LCID - Dividend Comparison
Neither MEME nor LCID has paid dividends to shareholders.
| TTM | 2023 | 2022 | |
|---|---|---|---|
MEME Listed Funds Trust - Roundhill MEME ETF | 99.95% | 99.95% | 13.70% |
LCID Lucid Group, Inc. | 0.00% | 0.00% | 0.00% |
Drawdowns
MEME vs. LCID - Drawdown Comparison
Volatility
MEME vs. LCID - Volatility Comparison
The current volatility for Listed Funds Trust - Roundhill MEME ETF (MEME) is 0.00%, while Lucid Group, Inc. (LCID) has a volatility of 22.15%. This indicates that MEME experiences smaller price fluctuations and is considered to be less risky than LCID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.