MEME vs. YBTC

Last updated Jun 4, 2026

MEME (Roundhill Meme Stock ETF) and YBTC (Roundhill Bitcoin Covered Call Strategy ETF) are both exchange-traded funds - MEME is a Large Cap Growth Equities fund actively managed by Roundhill, while YBTC is a Cryptocurrency fund actively managed by Roundhill. Both are actively managed. A 0.51 correlation means they provide meaningful diversification when combined. MEME charges 0.69%/yr vs 0.95%/yr for YBTC.

Performance

MEME vs. YBTC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Meme Stock ETF (MEME) and Roundhill Bitcoin Covered Call Strategy ETF (YBTC). 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 YBTC's -23.39% return.

MEME

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

YBTC

• 1D: -2.77%
• 1M: -16.32%
• YTD: -23.39%
• 6M: -26.70%
• 1Y: -35.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MEME vs. YBTC - Yearly Performance Comparison

	2026 (YTD)	2025
MEME Roundhill Meme Stock ETF	79.03%	-36.83%
YBTC Roundhill Bitcoin Covered Call Strategy ETF	-23.39%	-25.04%

Correlation

The correlation between MEME and YBTC is 0.51, 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	0.51

Return for Risk

MEME vs. YBTC — Risk / Return Rank

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

YBTC

YBTC Risk / Return Rank: 2
YBTC Sharpe Ratio Rank: 2
YBTC Sortino Ratio Rank: 2
YBTC Omega Ratio Rank: 2
YBTC Calmar Ratio Rank: 2
YBTC Martin Ratio Rank: 2

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. YBTC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Meme Stock ETF (MEME) and Roundhill Bitcoin Covered Call Strategy ETF (YBTC). 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	YBTC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.91	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.16	+0.12

Drawdowns

MEME vs. YBTC - Drawdown Comparison

The maximum MEME drawdown since its inception was -48.78%, roughly equal to the maximum YBTC drawdown of -47.09%. Use the drawdown chart below to compare losses from any high point for MEME and YBTC.

Drawdown Indicators

	MEME	YBTC	Difference
Max Drawdown Largest peak-to-trough decline	-48.78%	-47.09%	-1.69%
Max Drawdown (1Y) Largest decline over 1 year	—	-47.09%	—
Current Drawdown Current decline from peak	-5.93%	-44.06%	+38.13%
Average Drawdown Average peak-to-trough decline	-29.90%	-12.89%	-17.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	25.69%	—

Volatility

Volatility by Period

	MEME	YBTC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.85%	—
Volatility (6M) Calculated over the trailing 6-month period	—	31.81%	—
Volatility (1Y) Calculated over the trailing 1-year period	74.19%	39.20%	+34.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	74.19%	40.81%	+33.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	74.19%	40.81%	+33.38%

MEME vs. YBTC - Expense Ratio Comparison

MEME has a 0.69% expense ratio, which is lower than YBTC's 0.95% expense ratio.

Dividends

MEME vs. YBTC - Dividend Comparison

MEME has not paid dividends to shareholders, while YBTC's dividend yield for the trailing twelve months is around 88.13%.

Position	TTM	2025	2024
MEME Roundhill Meme Stock ETF	0.00%	0.00%	0.00%
YBTC Roundhill Bitcoin Covered Call Strategy ETF	88.13%	76.04%	44.53%

Frequently Asked Questions

Can I hold both MEME and YBTC in my portfolio?

MEME and YBTC have a correlation of 0.51, 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 YBTC?

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 YBTC?

MEME is cheaper with a 0.69% expense ratio, compared with 0.95% for YBTC.

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

YBTC has the higher dividend yield at 88.13%, compared with 0.00% for MEME.

What is the main difference between MEME and YBTC?

MEME is categorized as Large Cap Growth Equities, while YBTC is Cryptocurrency. Their fees differ too: 0.69% for MEME and 0.95% for YBTC.