MEME vs. OUSA

Last updated Aug 4, 2026

MEME (Roundhill Meme Stock ETF) and OUSA (OShares U.S. Quality Dividend ETF) are both exchange-traded funds - MEME is a Large Cap Growth Equities fund actively managed by Roundhill, while OUSA is a Quality Factor fund tracking the O'Shares US Quality Dividend Index. MEME is actively managed, while OUSA is passively managed. Their 0.05 correlation means their historical movements had little consistent relationship. MEME charges 0.69%/yr vs 0.48%/yr for OUSA.

Performance

MEME vs. OUSA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Meme Stock ETF (MEME) and OShares U.S. Quality Dividend ETF (OUSA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MEME achieves a 22.26% return, which is significantly higher than OUSA's 7.09% return.

MEME

• 1D: 7.82%
• 1M: -9.65%
• 6M: 7.37%
• YTD: 22.26%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

OUSA

• 1D: 0.53%
• 1M: 2.40%
• 6M: 3.84%
• YTD: 7.09%
• 1Y: 16.21%
• 3Y*: 13.56%
• 5Y*: 8.96%
• 10Y*: 10.40%
• ALL TIME*: 10.73%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
MEME Roundhill Meme Stock ETF	$1.53M	$1.33M	$2.07M
OUSA OShares U.S. Quality Dividend ETF	$872.37K	$1.31M	$1.44M

MEME vs. OUSA - Yearly Performance Comparison

	2026 (YTD)	2025
MEME Roundhill Meme Stock ETF	22.26%	-38.00%
OUSA OShares U.S. Quality Dividend ETF	7.09%	2.23%

Correlation

The correlation between MEME and OUSA is 0.05, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 8, 2025	0.05

MEME vs. OUSA - Sectors Allocation Comparison

Sectors	MEME	OUSA
Technology	81.9%	23.7%
Industrials	7.2%	11.9%
Healthcare	6.2%	15.1%
Communication Services	5.5%	10.3%
Financial Services	5.4%	18.6%
Utilities	4.9%	-
Energy	4.8%	-
Basic Materials	4.6%	-
Consumer Cyclical	4.1%	13.1%
Consumer Defensive	-	7.4%
Real Estate	-	-

Return for Risk

MEME vs. OUSA — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

MEME

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

OUSA

OUSA Risk / Return Rank: 62
OUSA Sharpe Ratio Rank: 67
OUSA Sortino Ratio Rank: 72
OUSA Omega Ratio Rank: 65
OUSA Calmar Ratio Rank: 53
OUSA Martin Ratio Rank: 55

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

MEME vs. OUSA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Meme Stock ETF (MEME) and OShares U.S. Quality Dividend ETF (OUSA). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	MEME	OUSA	Difference
Sharpe ratio: Return per unit of total volatility	—	1.59	—
Sortino ratio: Return per unit of downside risk	—	2.41	—
Omega ratio: Gain probability vs. loss probability	—	1.28	—
Calmar ratio: Return relative to maximum drawdown	—	1.95	—
Martin ratio: Return relative to average drawdown	—	6.80	—

Drawdowns

MEME vs. OUSA - Drawdown Comparison

The maximum MEME drawdown since its inception was -50.08%, which is greater than OUSA's maximum drawdown of -33.12%. Use the drawdown chart below to compare losses from any high point for MEME and OUSA.

Drawdown Indicators

	MEME	OUSA	Difference
Max Drawdown Largest peak-to-trough decline	-50.08%	-33.12%	-16.96%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.36%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-13.14%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.54%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.12%	—
Current Drawdown Current decline from peak	-35.76%	-0.23%	-35.53%
Average Drawdown Average peak-to-trough decline	-29.29%	-3.50%	-25.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.39%	—

Volatility

Volatility by Period

	MEME	OUSA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.65%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.12%	—
Volatility (1Y) Calculated over the trailing 1-year period	79.35%	10.25%	+69.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	79.35%	13.38%	+65.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	79.35%	15.19%	+64.16%

MEME vs. OUSA - Expense Ratio Comparison

MEME has a 0.69% expense ratio, which is higher than OUSA's 0.48% expense ratio.

Dividends

MEME vs. OUSA - Dividend Comparison

MEME has not paid dividends to shareholders, while OUSA's dividend yield for the trailing twelve months is around 1.35%.

Position	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%
OUSA OShares U.S. Quality Dividend ETF	1.35%	1.39%	1.50%	1.81%	1.92%	1.56%	2.03%	2.31%	3.06%	2.15%	2.32%	1.17%

Frequently Asked Questions

Can I hold both MEME and OUSA in my portfolio?

MEME and OUSA have a correlation of 0.05, 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 OUSA?

On fees, OUSA is cheaper at 0.48% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MEME or OUSA?

OUSA is cheaper with a 0.48% expense ratio, compared with 0.69% for MEME.

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

OUSA has the higher dividend yield at 1.35%, compared with 0.00% for MEME.

What is the main difference between MEME and OUSA?

MEME is categorized as Large Cap Growth Equities, while OUSA is Quality Factor. They also come from different issuers: Roundhill and O'Shares Investments. Their fees differ too: 0.69% for MEME and 0.48% for OUSA.