SAWG vs. MEME

Last updated Jun 4, 2026

SAWG (AAM Sawgrass U.S. Large Cap Quality Growth ETF) and MEME (Roundhill Meme Stock ETF) are both Large Cap Growth Equities funds. Both are actively managed. A 0.52 correlation means they provide meaningful diversification when combined. SAWG charges 0.49%/yr vs 0.69%/yr for MEME.

Performance

SAWG vs. MEME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AAM Sawgrass U.S. Large Cap Quality Growth ETF (SAWG) 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, SAWG achieves a 8.93% return, which is significantly lower than MEME's 79.03% return.

SAWG

• 1D: 0.17%
• 1M: 5.57%
• YTD: 8.93%
• 6M: 8.16%
• 1Y: 21.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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)

SAWG vs. MEME - Yearly Performance Comparison

	2026 (YTD)	2025
SAWG AAM Sawgrass U.S. Large Cap Quality Growth ETF	8.93%	0.56%
MEME Roundhill Meme Stock ETF	79.03%	-36.83%

Correlation

The correlation between SAWG and MEME is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 9, 2025	0.52

SAWG vs. MEME - Sectors Allocation Comparison

Sectors	SAWG	MEME
Technology	43.3%	58.8%
Healthcare	15.8%	5.4%
Consumer Cyclical	13.0%	-
Communication Services	9.0%	5.5%
Financial Services	7.7%	5.7%
Industrials	7.4%	29.9%
Consumer Defensive	3.8%	-
Basic Materials	-	4.6%
Energy	-	4.8%
Real Estate	-	-
Utilities	-	10.7%

Return for Risk

SAWG vs. MEME — Risk / Return Rank

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

SAWG

SAWG Risk / Return Rank: 48
SAWG Sharpe Ratio Rank: 52
SAWG Sortino Ratio Rank: 52
SAWG Omega Ratio Rank: 49
SAWG Calmar Ratio Rank: 40
SAWG Martin Ratio Rank: 49

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.

SAWG vs. MEME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AAM Sawgrass U.S. Large Cap Quality Growth ETF (SAWG) 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.

	SAWG	MEME	Difference
Sharpe ratio: Return per unit of total volatility	1.76	—	—
Sortino ratio: Return per unit of downside risk	2.48	—	—
Omega ratio: Gain probability vs. loss probability	1.31	—	—
Calmar ratio: Return relative to maximum drawdown	1.93	—	—
Martin ratio: Return relative to average drawdown	8.05	—	—
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

	SAWG	MEME	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.76	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.90	0.28	+0.61

Drawdowns

SAWG vs. MEME - Drawdown Comparison

The maximum SAWG drawdown since its inception was -18.68%, smaller than the maximum MEME drawdown of -48.78%. Use the drawdown chart below to compare losses from any high point for SAWG and MEME.

Drawdown Indicators

	SAWG	MEME	Difference
Max Drawdown Largest peak-to-trough decline	-18.68%	-48.78%	+30.10%
Max Drawdown (1Y) Largest decline over 1 year	-11.33%	—	—
Current Drawdown Current decline from peak	-0.27%	-5.93%	+5.66%
Average Drawdown Average peak-to-trough decline	-2.66%	-29.90%	+27.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.71%	—	—

Volatility

Volatility by Period

	SAWG	MEME	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.58%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.69%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.40%	74.19%	-61.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.21%	74.19%	-57.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.21%	74.19%	-57.98%

SAWG vs. MEME - Expense Ratio Comparison

SAWG has a 0.49% expense ratio, which is lower than MEME's 0.69% expense ratio.

Dividends

SAWG vs. MEME - Dividend Comparison

SAWG's dividend yield for the trailing twelve months is around 0.25%, while MEME has not paid dividends to shareholders.

Position	TTM	2025	2024
MEME Roundhill Meme Stock ETF	0.00%	0.00%	0.00%
SAWG AAM Sawgrass U.S. Large Cap Quality Growth ETF	0.25%	0.27%	0.16%

Frequently Asked Questions

Can I hold both SAWG and MEME in my portfolio?

SAWG and MEME have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SAWG or MEME?

On fees, SAWG is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SAWG or MEME?

SAWG is cheaper with a 0.49% expense ratio, compared with 0.69% for MEME.

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

SAWG has the higher dividend yield at 0.25%, compared with 0.00% for MEME.

What is the main difference between SAWG and MEME?

They also come from different issuers: AAM and Roundhill. Their fees differ too: 0.49% for SAWG and 0.69% for MEME.