MEMY vs. RKNG

Last updated Jun 4, 2026

MEMY (Tuttle Capital Meme Stock Income Blast ETF) and RKNG (Defiance Retail Kings ETF) are both exchange-traded funds - MEMY is a Derivative Income fund actively managed by Tuttle, while RKNG is a Consumer Discretionary Equities fund actively managed by Defiance. Both are actively managed. Their correlation of 0.89 suggests significant overlap in exposure. MEMY charges 0.99%/yr vs 0.79%/yr for RKNG.

Performance

MEMY vs. RKNG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tuttle Capital Meme Stock Income Blast ETF (MEMY) and Defiance Retail Kings ETF (RKNG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MEMY

• 1D: -3.26%
• 1M: 23.40%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RKNG

• 1D: -2.60%
• 1M: 17.03%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MEMY vs. RKNG - Yearly Performance Comparison

	2026 (YTD)
MEMY Tuttle Capital Meme Stock Income Blast ETF	7.84%
RKNG Defiance Retail Kings ETF	16.17%

Correlation

The correlation between MEMY and RKNG is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 23, 2026	0.89

Return for Risk

MEMY vs. RKNG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tuttle Capital Meme Stock Income Blast ETF (MEMY) and Defiance Retail Kings ETF (RKNG). 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

	MEMY	RKNG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.88	-0.39

Drawdowns

MEMY vs. RKNG - Drawdown Comparison

The maximum MEMY drawdown since its inception was -27.32%, smaller than the maximum RKNG drawdown of -34.21%. Use the drawdown chart below to compare losses from any high point for MEMY and RKNG.

Drawdown Indicators

	MEMY	RKNG	Difference
Max Drawdown Largest peak-to-trough decline	-27.32%	-34.21%	+6.89%
Current Drawdown Current decline from peak	-3.26%	-2.60%	-0.66%
Average Drawdown Average peak-to-trough decline	-13.23%	-12.91%	-0.32%

Volatility

Volatility by Period

	MEMY	RKNG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	53.62%	58.95%	-5.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.62%	58.95%	-5.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.62%	58.95%	-5.33%

MEMY vs. RKNG - Expense Ratio Comparison

MEMY has a 0.99% expense ratio, which is higher than RKNG's 0.79% expense ratio.

Dividends

MEMY vs. RKNG - Dividend Comparison

MEMY's dividend yield for the trailing twelve months is around 5.23%, while RKNG has not paid dividends to shareholders.

Position	TTM
MEMY Tuttle Capital Meme Stock Income Blast ETF	5.23%
RKNG Defiance Retail Kings ETF	0.00%

Frequently Asked Questions

Can I hold both MEMY and RKNG in my portfolio?

MEMY and RKNG have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MEMY or RKNG?

On fees, RKNG is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MEMY or RKNG?

RKNG is cheaper with a 0.79% expense ratio, compared with 0.99% for MEMY.

Which ETF pays a higher dividend yield, MEMY or RKNG?

MEMY has the higher dividend yield at 5.23%, compared with 0.00% for RKNG.

What is the main difference between MEMY and RKNG?

MEMY is categorized as Derivative Income, while RKNG is Consumer Discretionary Equities. They also come from different issuers: Tuttle and Defiance. Their fees differ too: 0.99% for MEMY and 0.79% for RKNG.