MILN vs. MEME

Last updated Jun 4, 2026

MILN (Global X Millennial Consumer ETF) and MEME (Roundhill Meme Stock ETF) are both Large Cap Growth Equities funds. MILN is passively managed, while MEME is actively managed. At a 0.34 correlation, their price movements are largely independent. MILN charges 0.50%/yr vs 0.69%/yr for MEME.

Performance

MILN vs. MEME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Millennial Consumer ETF (MILN) and Roundhill Meme Stock ETF (MEME). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MILN achieves a -9.79% return, which is significantly lower than MEME's 79.03% return.

MILN

• 1D: -1.10%
• 1M: -3.21%
• YTD: -9.79%
• 6M: -9.62%
• 1Y: -10.13%
• 3Y*: 11.98%
• 5Y*: 0.79%
• 10Y*: 11.28%

MEME

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

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

MILN vs. MEME - Yearly Performance Comparison

	2026 (YTD)	2025
MILN Global X Millennial Consumer ETF	-9.79%	-4.77%
MEME Roundhill Meme Stock ETF	79.03%	-36.83%

Correlation

The correlation between MILN and MEME is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 9, 2025	0.34

MILN vs. MEME - Sectors Allocation Comparison

Sectors	MILN	MEME
Consumer Cyclical	51.5%	-
Communication Services	16.2%	5.5%
Technology	14.0%	58.8%
Consumer Defensive	6.5%	-
Real Estate	5.9%	-
Financial Services	4.8%	5.7%
Healthcare	0.8%	5.4%
Industrials	0.4%	29.9%
Basic Materials	-	4.6%
Energy	-	4.8%
Utilities	-	10.7%

Return for Risk

MILN vs. MEME — Risk / Return Rank

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

MILN

MILN Risk / Return Rank: 4
MILN Sharpe Ratio Rank: 4
MILN Sortino Ratio Rank: 4
MILN Omega Ratio Rank: 4
MILN Calmar Ratio Rank: 5
MILN Martin Ratio Rank: 4

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.

MILN vs. MEME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Millennial Consumer ETF (MILN) and Roundhill Meme Stock ETF (MEME). 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.

	MILN	MEME	Difference
Sharpe ratio Return per unit of total volatility	-0.60	—	—
Sortino ratio Return per unit of downside risk	-0.73	—	—
Omega ratio Gain probability vs. loss probability	0.91	—	—
Calmar ratio Return relative to maximum drawdown	-0.46	—	—
Martin ratio Return relative to average drawdown	-1.03	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MILN	MEME	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.60	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.04	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.28	+0.23

Drawdowns

MILN vs. MEME - Drawdown Comparison

The maximum MILN drawdown since its inception was -44.40%, smaller than the maximum MEME drawdown of -48.78%. Use the drawdown chart below to compare losses from any high point for MILN and MEME.

Drawdown Indicators

	MILN	MEME	Difference
Max Drawdown Largest peak-to-trough decline	-44.40%	-48.78%	+4.38%
Max Drawdown (1Y) Largest decline over 1 year	-22.32%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-23.48%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-44.40%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-44.40%	—	—
Current Drawdown Current decline from peak	-16.36%	-5.93%	-10.43%
Average Drawdown Average peak-to-trough decline	-10.67%	-29.90%	+19.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.87%	—	—

Volatility

Volatility by Period

	MILN	MEME	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.43%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.93%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.06%	74.19%	-57.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.63%	74.19%	-51.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.02%	74.19%	-52.17%

MILN vs. MEME - Expense Ratio Comparison

MILN has a 0.50% expense ratio, which is lower than MEME's 0.69% expense ratio.

Dividends

MILN vs. MEME - Dividend Comparison

MILN's dividend yield for the trailing twelve months is around 0.28%, while MEME has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
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%
MILN Global X Millennial Consumer ETF	0.28%	0.25%	0.22%	0.33%	0.24%	0.15%	0.21%	0.43%	0.43%	0.89%	0.32%

Frequently Asked Questions

Can I hold both MILN and MEME in my portfolio?

MILN and MEME have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MILN or MEME?

On fees, MILN is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MILN or MEME?

MILN is cheaper with a 0.50% expense ratio, compared with 0.69% for MEME.

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

MILN has the higher dividend yield at 0.28%, compared with 0.00% for MEME.

What is the main difference between MILN and MEME?

They also come from different issuers: Global X and Roundhill. Their fees differ too: 0.50% for MILN and 0.69% for MEME.