SXQG vs. MEME

Last updated Aug 2, 2026

SXQG (ETC 6 Meridian Quality Growth ETF) and MEME (Roundhill Meme Stock ETF) are both exchange-traded funds - SXQG is a Quality Factor fund actively managed by Meridian, while MEME is a Large Cap Growth Equities fund actively managed by Roundhill. Both are actively managed. Their 0.21 correlation means their historical movements had little consistent relationship. SXQG charges 1.00%/yr vs 0.69%/yr for MEME.

Performance

SXQG vs. MEME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETC 6 Meridian Quality Growth ETF (SXQG) 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, SXQG achieves a -2.00% return, which is significantly lower than MEME's 13.39% return.

SXQG

• 1D: 0.16%
• 1M: -0.29%
• 6M: 0.16%
• YTD: -2.00%
• 1Y: 0.85%
• 3Y*: 9.57%
• 5Y*: 4.34%
• 10Y*: —
• ALL TIME*: 5.71%

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
SXQG ETC 6 Meridian Quality Growth ETF	$62.10K	$170.59K	$108.05K

SXQG vs. MEME - Yearly Performance Comparison

	2026 (YTD)	2025
SXQG ETC 6 Meridian Quality Growth ETF	-2.00%	-0.94%
MEME Roundhill Meme Stock ETF	13.39%	-38.00%

Correlation

The correlation between SXQG and MEME is 0.21, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 8, 2025	0.21

SXQG vs. MEME - Sectors Allocation Comparison

Sectors	SXQG	MEME
Technology	29.3%	81.9%
Healthcare	17.5%	6.2%
Communication Services	14.9%	5.5%
Financial Services	12.7%	5.4%
Consumer Defensive	11.9%	-
Consumer Cyclical	7.1%	4.1%
Industrials	5.7%	7.2%
Energy	0.7%	4.8%
Basic Materials	0.2%	4.6%
Real Estate	-	-
Utilities	-	4.9%

Return for Risk

SXQG vs. MEME — Risk / Return Rank

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

SXQG

SXQG Risk / Return Rank: 10
SXQG Sharpe Ratio Rank: 11
SXQG Sortino Ratio Rank: 10
SXQG Omega Ratio Rank: 10
SXQG Calmar Ratio Rank: 11
SXQG Martin Ratio Rank: 10

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.

SXQG vs. MEME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETC 6 Meridian Quality Growth ETF (SXQG) 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.

	SXQG	MEME	Difference
Sharpe ratio: Return per unit of total volatility	-0.03	—	—
Sortino ratio: Return per unit of downside risk	0.04	—	—
Omega ratio: Gain probability vs. loss probability	1.00	—	—
Calmar ratio: Return relative to maximum drawdown	-0.03	—	—
Martin ratio: Return relative to average drawdown	-0.08	—	—

Drawdowns

SXQG vs. MEME - Drawdown Comparison

The maximum SXQG drawdown since its inception was -33.97%, smaller than the maximum MEME drawdown of -50.08%. Use the drawdown chart below to compare losses from any high point for SXQG and MEME.

Drawdown Indicators

	SXQG	MEME	Difference
Max Drawdown Largest peak-to-trough decline	-33.97%	-50.08%	+16.11%
Max Drawdown (1Y) Largest decline over 1 year	-14.03%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.53%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-33.97%	—	—
Current Drawdown Current decline from peak	-4.87%	-40.42%	+35.55%
Average Drawdown Average peak-to-trough decline	-9.99%	-29.26%	+19.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.49%	—	—

Volatility

Volatility by Period

	SXQG	MEME	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.80%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.12%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.38%	79.06%	-66.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.08%	79.06%	-60.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.87%	79.06%	-61.19%

SXQG vs. MEME - Expense Ratio Comparison

SXQG has a 1.00% expense ratio, which is higher than MEME's 0.69% expense ratio.

Dividends

SXQG vs. MEME - Dividend Comparison

SXQG's dividend yield for the trailing twelve months is around 0.01%, while MEME has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
MEME Roundhill Meme Stock ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SXQG ETC 6 Meridian Quality Growth ETF	0.01%	0.15%	0.00%	0.02%	0.09%	0.00%

Frequently Asked Questions

Can I hold both SXQG and MEME in my portfolio?

SXQG and MEME have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SXQG or MEME?

On fees, MEME is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SXQG or MEME?

MEME is cheaper with a 0.69% expense ratio, compared with 1.00% for SXQG.

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

SXQG has the higher dividend yield at 0.01%, compared with 0.00% for MEME.

What is the main difference between SXQG and MEME?

SXQG is categorized as Quality Factor, while MEME is Large Cap Growth Equities. They also come from different issuers: Meridian and Roundhill. Their fees differ too: 1.00% for SXQG and 0.69% for MEME.