PSET vs. MEME

Last updated Jun 5, 2026

PSET (Principal Quality ETF) and MEME (Roundhill Meme Stock ETF) are both Large Cap Growth Equities funds. PSET is passively managed, while MEME is actively managed. At a 0.45 correlation, their price movements are largely independent. PSET charges 0.15%/yr vs 0.69%/yr for MEME.

Performance

PSET vs. MEME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal Quality ETF (PSET) 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, PSET achieves a 0.31% return, which is significantly lower than MEME's 82.10% return.

PSET

• 1D: 0.80%
• 1M: 2.98%
• YTD: 0.31%
• 6M: 0.01%
• 1Y: 8.25%
• 3Y*: 13.47%
• 5Y*: 9.03%
• 10Y*: 12.82%

MEME

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

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

PSET vs. MEME - Yearly Performance Comparison

	2026 (YTD)	2025
PSET Principal Quality ETF	0.31%	-0.68%
MEME Roundhill Meme Stock ETF	82.10%	-36.83%

Correlation

The correlation between PSET and MEME is 0.45, 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	0.45

PSET vs. MEME - Sectors Allocation Comparison

Sectors	PSET	MEME
Technology	37.9%	58.8%
Industrials	19.1%	29.9%
Financial Services	14.3%	5.7%
Healthcare	10.8%	5.4%
Communication Services	6.7%	5.5%
Consumer Cyclical	5.4%	-
Basic Materials	3.3%	4.6%
Energy	1.4%	4.8%
Consumer Defensive	1.1%	-
Real Estate	-	-
Utilities	-	10.7%

Return for Risk

PSET vs. MEME — Risk / Return Rank

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

PSET

PSET Risk / Return Rank: 19
PSET Sharpe Ratio Rank: 21
PSET Sortino Ratio Rank: 20
PSET Omega Ratio Rank: 19
PSET Calmar Ratio Rank: 17
PSET Martin Ratio Rank: 20

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.

PSET vs. MEME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal Quality ETF (PSET) 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.

	PSET	MEME	Difference
Sharpe ratio: Return per unit of total volatility	0.65	—	—
Sortino ratio: Return per unit of downside risk	1.00	—	—
Omega ratio: Gain probability vs. loss probability	1.12	—	—
Calmar ratio: Return relative to maximum drawdown	0.64	—	—
Martin ratio: Return relative to average drawdown	2.16	—	—
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

	PSET	MEME	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.65	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.52	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.71	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.72	0.33	+0.39

Drawdowns

PSET vs. MEME - Drawdown Comparison

The maximum PSET drawdown since its inception was -34.74%, smaller than the maximum MEME drawdown of -48.78%. Use the drawdown chart below to compare losses from any high point for PSET and MEME.

Drawdown Indicators

	PSET	MEME	Difference
Max Drawdown Largest peak-to-trough decline	-34.74%	-48.78%	+14.04%
Max Drawdown (1Y) Largest decline over 1 year	-12.94%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.96%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.61%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.74%	—	—
Current Drawdown Current decline from peak	-1.81%	-4.32%	+2.51%
Average Drawdown Average peak-to-trough decline	-4.59%	-29.74%	+25.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.82%	—	—

Volatility

Volatility by Period

	PSET	MEME	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.06%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.70%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.66%	73.99%	-61.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.51%	73.99%	-56.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.05%	73.99%	-55.94%

PSET vs. MEME - Expense Ratio Comparison

PSET has a 0.15% expense ratio, which is lower than MEME's 0.69% expense ratio.

Dividends

PSET vs. MEME - Dividend Comparison

PSET's dividend yield for the trailing twelve months is around 0.62%, 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%
PSET Principal Quality ETF	0.62%	0.59%	0.69%	0.85%	1.47%	0.89%	1.09%	1.52%	1.33%	1.02%	1.26%

Frequently Asked Questions

Can I hold both PSET and MEME in my portfolio?

PSET and MEME have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PSET or MEME?

On fees, PSET is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PSET or MEME?

PSET is cheaper with a 0.15% expense ratio, compared with 0.69% for MEME.

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

PSET has the higher dividend yield at 0.62%, compared with 0.00% for MEME.

What is the main difference between PSET and MEME?

They also come from different issuers: Principal and Roundhill. Their fees differ too: 0.15% for PSET and 0.69% for MEME.