MEME vs. STEM

Last updated Jun 4, 2026

MEME (Roundhill Meme Stock ETF) is Large Cap Growth Equities fund actively managed by Roundhill, while STEM (Stem, Inc.) is a stock. A 0.63 correlation means they provide meaningful diversification when combined.

Performance

MEME vs. STEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Meme Stock ETF (MEME) and Stem, Inc. (STEM). 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 STEM's -39.93% return.

MEME

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

STEM

• 1D: -9.78%
• 1M: -10.76%
• YTD: -39.93%
• 6M: -47.56%
• 1Y: -10.39%
• 3Y*: -56.34%
• 5Y*: -57.40%
• 10Y*: —

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

MEME vs. STEM - Yearly Performance Comparison

	2026 (YTD)	2025
MEME Roundhill Meme Stock ETF	79.03%	-36.83%
STEM Stem, Inc.	-39.93%	-35.68%

Correlation

The correlation between MEME and STEM is 0.63, 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	0.63

Return for Risk

MEME vs. STEM — Risk / Return Rank

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

STEM

STEM Risk / Return Rank: 41
STEM Sharpe Ratio Rank: 37
STEM Sortino Ratio Rank: 49
STEM Omega Ratio Rank: 47
STEM Calmar Ratio Rank: 36
STEM Martin Ratio Rank: 36

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. STEM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Meme Stock ETF (MEME) and Stem, Inc. (STEM). 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	STEM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.09	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.50	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	-0.36	+0.64

Drawdowns

MEME vs. STEM - Drawdown Comparison

The maximum MEME drawdown since its inception was -48.78%, smaller than the maximum STEM drawdown of -99.41%. Use the drawdown chart below to compare losses from any high point for MEME and STEM.

Drawdown Indicators

	MEME	STEM	Difference
Max Drawdown Largest peak-to-trough decline	-48.78%	-99.41%	+50.63%
Max Drawdown (1Y) Largest decline over 1 year	—	-72.31%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-95.98%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-99.20%	—
Current Drawdown Current decline from peak	-5.93%	-99.10%	+93.17%
Average Drawdown Average peak-to-trough decline	-29.90%	-79.12%	+49.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	45.79%	—

Volatility

Volatility by Period

	MEME	STEM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	30.04%	—
Volatility (6M) Calculated over the trailing 6-month period	—	63.04%	—
Volatility (1Y) Calculated over the trailing 1-year period	74.19%	121.65%	-47.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	74.19%	114.11%	-39.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	74.19%	117.40%	-43.21%

Dividends

MEME vs. STEM - Dividend Comparison

Neither MEME nor STEM has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both MEME and STEM in my portfolio?

MEME and STEM have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.