STEM vs. MEME

Last updated Jun 4, 2026

STEM (Stem, Inc.) is a stock, while MEME (Roundhill Meme Stock ETF) is Large Cap Growth Equities fund actively managed by Roundhill. A 0.63 correlation means they provide meaningful diversification when combined.

Performance

STEM vs. MEME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Stem, Inc. (STEM) 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, STEM achieves a -39.93% return, which is significantly lower than MEME's 79.03% return.

STEM

• 1D: -9.78%
• 1M: -10.76%
• YTD: -39.93%
• 6M: -47.56%
• 1Y: -10.39%
• 3Y*: -56.34%
• 5Y*: -57.40%
• 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)

STEM vs. MEME - Yearly Performance Comparison

	2026 (YTD)	2025
STEM Stem, Inc.	-39.93%	-35.68%
MEME Roundhill Meme Stock ETF	79.03%	-36.83%

Correlation

The correlation between STEM and MEME is 0.63, 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	0.63

Return for Risk

STEM vs. MEME — Risk / Return Rank

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

STEM

STEM Risk / Return Rank: 41
STEM Sharpe Ratio Rank: 37
STEM Sortino Ratio Rank: 49
STEM Omega Ratio Rank: 47
STEM Calmar Ratio Rank: 36
STEM Martin Ratio Rank: 36

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.

STEM vs. MEME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Stem, Inc. (STEM) 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.

	STEM	MEME	Difference
Sharpe ratio: Return per unit of total volatility	-0.09	—	—
Sortino ratio: Return per unit of downside risk	0.79	—	—
Omega ratio: Gain probability vs. loss probability	1.09	—	—
Calmar ratio: Return relative to maximum drawdown	-0.14	—	—
Martin ratio: Return relative to average drawdown	-0.23	—	—
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

	STEM	MEME	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.09	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.50	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.36	0.28	-0.64

Drawdowns

STEM vs. MEME - Drawdown Comparison

The maximum STEM drawdown since its inception was -99.41%, which is greater than MEME's maximum drawdown of -48.78%. Use the drawdown chart below to compare losses from any high point for STEM and MEME.

Drawdown Indicators

	STEM	MEME	Difference
Max Drawdown Largest peak-to-trough decline	-99.41%	-48.78%	-50.63%
Max Drawdown (1Y) Largest decline over 1 year	-72.31%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-95.98%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-99.20%	—	—
Current Drawdown Current decline from peak	-99.10%	-5.93%	-93.17%
Average Drawdown Average peak-to-trough decline	-79.12%	-29.90%	-49.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	45.79%	—	—

Volatility

Volatility by Period

	STEM	MEME	Difference
Volatility (1M) Calculated over the trailing 1-month period	30.04%	—	—
Volatility (6M) Calculated over the trailing 6-month period	63.04%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	121.65%	74.19%	+47.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	114.11%	74.19%	+39.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	117.40%	74.19%	+43.21%

Dividends

STEM vs. MEME - Dividend Comparison

Neither STEM nor MEME has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both STEM and MEME in my portfolio?

STEM and MEME have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.