MEME vs. XDTE

Last updated Jun 5, 2026

MEME (Roundhill Meme Stock ETF) and XDTE (Roundhill S&P 500 0DTE Covered Call Strategy ETF) are both exchange-traded funds - MEME is a Large Cap Growth Equities fund actively managed by Roundhill, while XDTE is a Derivative Income fund actively managed by Roundhill. Both are actively managed. A 0.53 correlation means they provide meaningful diversification when combined. MEME charges 0.69%/yr vs 0.97%/yr for XDTE.

Performance

MEME vs. XDTE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Meme Stock ETF (MEME) and Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MEME achieves a 82.10% return, which is significantly higher than XDTE's 9.12% return.

MEME

• 1D: 1.71%
• 1M: 21.14%
• YTD: 82.10%
• 6M: 57.24%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XDTE

• 1D: 0.27%
• 1M: 3.52%
• YTD: 9.12%
• 6M: 9.07%
• 1Y: 25.78%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MEME vs. XDTE - Yearly Performance Comparison

	2026 (YTD)	2025
MEME Roundhill Meme Stock ETF	82.10%	-36.83%
XDTE Roundhill S&P 500 0DTE Covered Call Strategy ETF	9.12%	2.88%

Correlation

The correlation between MEME and XDTE is 0.53, 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	0.53

MEME vs. XDTE - Sectors Allocation Comparison

Sectors	MEME	XDTE
Technology	58.8%	35.6%
Industrials	29.9%	8.3%
Utilities	10.7%	2.4%
Financial Services	5.7%	11.8%
Communication Services	5.5%	11.2%
Healthcare	5.4%	8.5%
Energy	4.8%	3.5%
Basic Materials	4.6%	1.8%
Consumer Cyclical	-	10.1%
Consumer Defensive	-	4.9%
Real Estate	-	1.9%

Return for Risk

MEME vs. XDTE — Risk / Return Rank

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

XDTE

XDTE Risk / Return Rank: 73
XDTE Sharpe Ratio Rank: 73
XDTE Sortino Ratio Rank: 71
XDTE Omega Ratio Rank: 73
XDTE Calmar Ratio Rank: 69
XDTE Martin Ratio Rank: 79

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. XDTE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Meme Stock ETF (MEME) and Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE). 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	XDTE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.36	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	1.26	-0.93

Drawdowns

MEME vs. XDTE - Drawdown Comparison

The maximum MEME drawdown since its inception was -48.78%, which is greater than XDTE's maximum drawdown of -19.09%. Use the drawdown chart below to compare losses from any high point for MEME and XDTE.

Drawdown Indicators

	MEME	XDTE	Difference
Max Drawdown Largest peak-to-trough decline	-48.78%	-19.09%	-29.69%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.68%	—
Current Drawdown Current decline from peak	-4.32%	-0.39%	-3.93%
Average Drawdown Average peak-to-trough decline	-29.74%	-2.31%	-27.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.68%	—

Volatility

Volatility by Period

	MEME	XDTE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.43%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.28%	—
Volatility (1Y) Calculated over the trailing 1-year period	73.99%	10.99%	+63.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	73.99%	13.84%	+60.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.99%	13.84%	+60.15%

MEME vs. XDTE - Expense Ratio Comparison

MEME has a 0.69% expense ratio, which is lower than XDTE's 0.97% expense ratio.

Dividends

MEME vs. XDTE - Dividend Comparison

MEME has not paid dividends to shareholders, while XDTE's dividend yield for the trailing twelve months is around 33.55%.

Position	TTM	2025	2024
MEME Roundhill Meme Stock ETF	0.00%	0.00%	0.00%
XDTE Roundhill S&P 500 0DTE Covered Call Strategy ETF	33.55%	39.16%	20.35%

Frequently Asked Questions

Can I hold both MEME and XDTE in my portfolio?

MEME and XDTE have a correlation of 0.53, 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 XDTE?

On fees, MEME is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MEME or XDTE?

MEME is cheaper with a 0.69% expense ratio, compared with 0.97% for XDTE.

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

XDTE has the higher dividend yield at 33.55%, compared with 0.00% for MEME.

What is the main difference between MEME and XDTE?

MEME is categorized as Large Cap Growth Equities, while XDTE is Derivative Income. Their fees differ too: 0.69% for MEME and 0.97% for XDTE.