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QWLD vs. MEME
Performance
Return for Risk
Drawdowns
Volatility
Dividends

QWLD vs. MEME

Last updated Jun 5, 2026

QWLD (SPDR MSCI World StrategicFactors ETF) and MEME (Roundhill Meme Stock ETF) are both Large Cap Growth Equities funds. QWLD is passively managed, while MEME is actively managed. At a 0.43 correlation, their price movements are largely independent. QWLD charges 0.30%/yr vs 0.69%/yr for MEME.

Performance

QWLD vs. MEME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR MSCI World StrategicFactors ETF (QWLD) and Roundhill Meme Stock ETF (MEME). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, QWLD achieves a 7.11% return, which is significantly lower than MEME's 82.10% return.

QWLD

1D
0.53%
1M
2.38%
YTD
7.11%
6M
7.83%
1Y
17.61%
3Y*
16.69%
5Y*
10.08%
10Y*
11.67%

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)

QWLD vs. MEME - Yearly Performance Comparison

2026 (YTD)2025
QWLD
SPDR MSCI World StrategicFactors ETF		7.11%2.35%
MEME
Roundhill Meme Stock ETF		82.10%-36.83%

Correlation

The correlation between QWLD and MEME is 0.43, 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

0.43

QWLD vs. MEME - Sectors Allocation Comparison

Sectors
QWLD
MEME

Technology

22.3%
58.8%

Financial Services

13.8%
5.7%

Healthcare

12.6%
5.4%

Communication Services

9.6%
5.5%

Industrials

8.6%
29.9%

Consumer Defensive

7.6%

-

Consumer Cyclical

5.0%

-

Energy

4.5%
4.8%

Utilities

3.7%
10.7%

Basic Materials

2.9%
4.6%

Real Estate

0.8%

-

Technology

QWLD
22.3%
MEME
58.8%

Financial Services

QWLD
13.8%
MEME
5.7%

Healthcare

QWLD
12.6%
MEME
5.4%

Communication Services

QWLD
9.6%
MEME
5.5%

Industrials

QWLD
8.6%
MEME
29.9%

Consumer Defensive

QWLD
7.6%
MEME

-

Consumer Cyclical

QWLD
5.0%
MEME

-

Energy

QWLD
4.5%
MEME
4.8%

Utilities

QWLD
3.7%
MEME
10.7%

Basic Materials

QWLD
2.9%
MEME
4.6%

Real Estate

QWLD
0.8%
MEME

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

SPDR MSCI World StrategicFactors ETF

Roundhill Meme Stock ETF

Often compared with QWLD:
QWLD vs. URTHQWLD vs. DGTQWLD vs. SPGMQWLD vs. VTQWLD vs. VWICXQWLD vs. JPGL.LQWLD vs. GGRP.L
Often compared with MEME:
MEME vs. AFLGMEME vs. ANEWMEME vs. IWFMEME vs. URAMEME vs. BCHPMEME vs. TMFCMEME vs. QQQM

Return for Risk

QWLD vs. MEME — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QWLD
QWLD Risk / Return Rank: 5353
Overall Rank
QWLD Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
QWLD Sortino Ratio Rank: 5656
Sortino Ratio Rank
QWLD Omega Ratio Rank: 5252
Omega Ratio Rank
QWLD Calmar Ratio Rank: 4848
Calmar Ratio Rank
QWLD Martin Ratio Rank: 5858
Martin Ratio Rank
MEME
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.

QWLD vs. MEME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World StrategicFactors ETF (QWLD) 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.

QWLDMEMEDifference
Sharpe ratioReturn per unit of total volatility
1.82

—

—

Sortino ratioReturn per unit of downside risk
2.62

—

—

Omega ratioGain probability vs. loss probability

1.32

—

—

Calmar ratioReturn relative to maximum drawdown

2.31

—

—

Martin ratioReturn relative to average drawdown

9.99

—

—

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QWLD vs. MEME - Sharpe Ratio Comparison

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Sharpe Ratios by Period

QWLDMEMEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.82

—

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.75

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.77

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.70

0.33

+0.37

Drawdowns

QWLD vs. MEME - Drawdown Comparison

The maximum QWLD drawdown since its inception was -31.89%, smaller than the maximum MEME drawdown of -48.78%. Use the drawdown chart below to compare losses from any high point for QWLD and MEME.

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Drawdown Indicators

QWLDMEMEDifference

Max Drawdown

Largest peak-to-trough decline

-31.89%

-48.78%

+16.89%

Max Drawdown (1Y)

Largest decline over 1 year

-7.66%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-12.40%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-22.84%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-31.89%

—

—

Current Drawdown

Current decline from peak

-0.03%

-4.32%

+4.29%

Average Drawdown

Average peak-to-trough decline

-3.70%

-29.74%

+26.04%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.77%

—

—

Volatility

QWLD vs. MEME - Volatility Comparison

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Volatility by Period

QWLDMEMEDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.23%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

7.52%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

9.69%

73.99%

-64.30%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.52%

73.99%

-60.47%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.18%

73.99%

-58.81%

QWLD vs. MEME - Expense Ratio Comparison

QWLD has a 0.30% expense ratio, which is lower than MEME's 0.69% expense ratio.

Dividends

QWLD vs. MEME - Dividend Comparison

QWLD's dividend yield for the trailing twelve months is around 1.83%, while MEME has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
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%0.00%
QWLD
SPDR MSCI World StrategicFactors ETF		1.83%1.85%1.74%1.78%2.02%1.77%1.77%2.13%2.33%2.73%2.22%3.42%

Frequently Asked Questions

QWLD and MEME have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, QWLD is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

QWLD is cheaper with a 0.30% expense ratio, compared with 0.69% for MEME.

QWLD has the higher dividend yield at 1.83%, compared with 0.00% for MEME.

They also come from different issuers: State Street and Roundhill. Their fees differ too: 0.30% for QWLD and 0.69% for MEME.

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