STEM vs. MEME

Last updated Aug 1, 2026

STEM (Stem, Inc.) is a stock, while MEME (Roundhill Meme Stock ETF) is Large Cap Growth Equities fund actively managed by Roundhill. Their 0.64 correlation means they have sometimes moved together and sometimes differently.

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 -64.12% return, which is significantly lower than MEME's 13.39% return.

STEM

• 1D: 1.89%
• 1M: -31.21%
• 6M: -65.38%
• YTD: -64.12%
• 1Y: -55.85%
• 3Y*: -65.78%
• 5Y*: -60.22%
• 10Y*: —
• ALL TIME*: -46.30%

MEME

• 1D: 0.72%
• 1M: -16.21%
• 6M: -1.26%
• YTD: 13.39%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
MEME Roundhill Meme Stock ETF	$1.46M	$1.32M	$2.06M
STEM Stem, Inc.	$656.76K	$712.05K	$1.24M

STEM vs. MEME - Yearly Performance Comparison

	2026 (YTD)	2025
STEM Stem, Inc.	-64.12%	-34.59%
MEME Roundhill Meme Stock ETF	13.39%	-38.00%

Correlation

The correlation between STEM and MEME is 0.64, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 8, 2025	0.64

Return for Risk

STEM vs. MEME — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

STEM

STEM Risk / Return Rank: 19
STEM Sharpe Ratio Rank: 17
STEM Sortino Ratio Rank: 21
STEM Omega Ratio Rank: 21
STEM Calmar Ratio Rank: 18
STEM Martin Ratio Rank: 19

MEME

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	STEM	MEME	Difference
Sharpe ratio: Return per unit of total volatility	-0.59	—	—
Sortino ratio: Return per unit of downside risk	-0.55	—	—
Omega ratio: Gain probability vs. loss probability	0.94	—	—
Calmar ratio: Return relative to maximum drawdown	-0.70	—	—
Martin ratio: Return relative to average drawdown	-1.10	—	—

Drawdowns

STEM vs. MEME - Drawdown Comparison

The maximum STEM drawdown since its inception was -99.50%, which is greater than MEME's maximum drawdown of -50.08%. 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	-99.50%	-50.08%	-49.42%
Max Drawdown (1Y) Largest decline over 1 year	-83.38%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-96.43%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-99.13%	—	—
Current Drawdown Current decline from peak	-99.46%	-40.42%	-59.04%
Average Drawdown Average peak-to-trough decline	-79.66%	-29.26%	-50.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	53.19%	—	—

Volatility

Volatility by Period

	STEM	MEME	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.76%	—	—
Volatility (6M) Calculated over the trailing 6-month period	60.42%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	99.31%	79.06%	+20.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	114.06%	79.06%	+35.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	116.35%	79.06%	+37.29%

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 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.