NERD vs. META

Last updated Jun 4, 2026

NERD (Roundhill Video Games ETF) is Gaming fund actively managed by Roundhill Investments, while META (Meta Platforms, Inc.) is a stock. Over the past 5 years, NERD returned -7.79%/yr vs 13.70%/yr for META. A 0.53 correlation means they provide meaningful diversification when combined.

Performance

NERD vs. META - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Video Games ETF (NERD) and Meta Platforms, Inc. (META). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NERD achieves a -16.00% return, which is significantly lower than META's -5.54% return.

NERD

• 1D: -2.22%
• 1M: -3.36%
• YTD: -16.00%
• 6M: -19.58%
• 1Y: -17.66%
• 3Y*: 10.64%
• 5Y*: -7.79%
• 10Y*: —

META

• 1D: 4.24%
• 1M: 2.06%
• YTD: -5.54%
• 6M: -2.44%
• 1Y: -6.29%
• 3Y*: 32.06%
• 5Y*: 13.70%
• 10Y*: 18.15%

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

NERD vs. META - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
NERD Roundhill Video Games ETF	-16.00%	23.14%	28.52%	12.94%	-43.30%	-17.57%	89.66%	6.91%
META Meta Platforms, Inc.	-5.54%	13.09%	66.05%	194.13%	-64.22%	23.13%	33.09%	22.54%

Correlation

The correlation between NERD and META is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.46
Correlation (5Y) Calculated over the trailing 5-year period	0.53
Correlation (All Time) Calculated using the full available price history since Jun 5, 2019	0.53

The correlation between NERD and META shifts across timeframes, from 0.42 (1 year) to 0.53 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

NERD vs. META — Risk / Return Rank

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

NERD

NERD Risk / Return Rank: 3
NERD Sharpe Ratio Rank: 2
NERD Sortino Ratio Rank: 2
NERD Omega Ratio Rank: 2
NERD Calmar Ratio Rank: 4
NERD Martin Ratio Rank: 4

META

META Risk / Return Rank: 32
META Sharpe Ratio Rank: 33
META Sortino Ratio Rank: 29
META Omega Ratio Rank: 29
META Calmar Ratio Rank: 34
META Martin Ratio Rank: 34

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.

NERD vs. META - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Video Games ETF (NERD) and Meta Platforms, Inc. (META). 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.

	NERD	META	Difference
Sharpe ratio: Return per unit of total volatility	-0.89	-0.18	-0.72
Sortino ratio: Return per unit of downside risk	-1.18	-0.01	-1.17
Omega ratio: Gain probability vs. loss probability	0.86	1.00	-0.13
Calmar ratio: Return relative to maximum drawdown	-0.60	-0.19	-0.41
Martin ratio: Return relative to average drawdown	-1.06	-0.41	-0.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NERD vs. META - Sharpe Ratio Comparison

The current NERD Sharpe Ratio is -0.89, which is lower than the META Sharpe Ratio of -0.18. The chart below compares the historical Sharpe Ratios of NERD and META, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NERD	META	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.89	-0.18	-0.72
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.32	0.31	-0.63
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.47	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.56	-0.35

Drawdowns

NERD vs. META - Drawdown Comparison

The maximum NERD drawdown since its inception was -65.58%, smaller than the maximum META drawdown of -76.74%. Use the drawdown chart below to compare losses from any high point for NERD and META.

Drawdown Indicators

	NERD	META	Difference
Max Drawdown Largest peak-to-trough decline	-65.58%	-76.74%	+11.16%
Max Drawdown (1Y) Largest decline over 1 year	-29.67%	-33.30%	+3.63%
Max Drawdown (3Y) Largest decline over 3 years	-29.67%	-34.15%	+4.48%
Max Drawdown (5Y) Largest decline over 5 years	-58.92%	-76.74%	+17.82%
Max Drawdown (10Y) Largest decline over 10 years	—	-76.74%	—
Current Drawdown Current decline from peak	-45.51%	-20.96%	-24.55%
Average Drawdown Average peak-to-trough decline	-35.89%	-15.25%	-20.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.75%	15.47%	+1.28%

Volatility

NERD vs. META - Volatility Comparison

The current volatility for Roundhill Video Games ETF (NERD) is 3.89%, while Meta Platforms, Inc. (META) has a volatility of 8.84%. This indicates that NERD experiences smaller price fluctuations and is considered to be less risky than META based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NERD	META	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.89%	8.84%	-4.95%
Volatility (6M) Calculated over the trailing 6-month period	14.85%	26.58%	-11.73%
Volatility (1Y) Calculated over the trailing 1-year period	19.81%	35.23%	-15.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.51%	43.99%	-19.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.53%	38.64%	-13.11%

Dividends

NERD vs. META - Dividend Comparison

NERD's dividend yield for the trailing twelve months is around 0.75%, more than META's 0.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
META Meta Platforms, Inc.	0.34%	0.32%	0.34%	0.00%	0.00%	0.00%	0.00%	0.00%
NERD Roundhill Video Games ETF	0.75%	0.63%	1.74%	1.07%	0.69%	0.02%	1.05%	0.31%

Frequently Asked Questions

Can I hold both NERD and META in my portfolio?

NERD and META have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NERD or META?

META has higher volatility (8.84%) compared to NERD (3.89%). In terms of maximum drawdown, NERD dropped -65.58% vs META's -76.74%.

Which has better risk-adjusted returns?

META currently has the higher Sharpe Ratio (-0.18 vs -0.89), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.