TCHP vs. MEME

Last updated Jun 4, 2026

TCHP (T. Rowe Price Blue Chip Growth ETF) and MEME (Roundhill Meme Stock ETF) are both Large Cap Growth Equities funds. Both are actively managed. At a 0.49 correlation, their price movements are largely independent. TCHP charges 0.57%/yr vs 0.69%/yr for MEME.

Performance

TCHP vs. MEME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Blue Chip Growth ETF (TCHP) 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, TCHP achieves a 3.99% return, which is significantly lower than MEME's 79.03% return.

TCHP

• 1D: -1.29%
• 1M: 3.68%
• YTD: 3.99%
• 6M: 4.18%
• 1Y: 20.05%
• 3Y*: 24.50%
• 5Y*: 11.66%
• 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)

TCHP vs. MEME - Yearly Performance Comparison

	2026 (YTD)	2025
TCHP T. Rowe Price Blue Chip Growth ETF	3.99%	0.63%
MEME Roundhill Meme Stock ETF	79.03%	-36.83%

Correlation

The correlation between TCHP and MEME is 0.49, 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	0.49

TCHP vs. MEME - Sectors Allocation Comparison

Sectors	TCHP	MEME
Technology	47.9%	58.8%
Consumer Cyclical	16.2%	-
Communication Services	15.7%	5.5%
Financial Services	8.0%	5.7%
Healthcare	6.6%	5.4%
Industrials	3.6%	29.9%
Consumer Defensive	0.8%	-
Basic Materials	0.8%	4.6%
Utilities	0.5%	10.7%
Energy	-	4.8%
Real Estate	-	-

Return for Risk

TCHP vs. MEME — Risk / Return Rank

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

TCHP

TCHP Risk / Return Rank: 30
TCHP Sharpe Ratio Rank: 34
TCHP Sortino Ratio Rank: 32
TCHP Omega Ratio Rank: 32
TCHP Calmar Ratio Rank: 24
TCHP Martin Ratio Rank: 27

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.

TCHP vs. MEME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Blue Chip Growth ETF (TCHP) 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.

	TCHP	MEME	Difference
Sharpe ratio: Return per unit of total volatility	1.25	—	—
Sortino ratio: Return per unit of downside risk	1.76	—	—
Omega ratio: Gain probability vs. loss probability	1.22	—	—
Calmar ratio: Return relative to maximum drawdown	1.15	—	—
Martin ratio: Return relative to average drawdown	3.84	—	—
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

	TCHP	MEME	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.25	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.28	+0.29

Drawdowns

TCHP vs. MEME - Drawdown Comparison

The maximum TCHP drawdown since its inception was -42.34%, smaller than the maximum MEME drawdown of -48.78%. Use the drawdown chart below to compare losses from any high point for TCHP and MEME.

Drawdown Indicators

	TCHP	MEME	Difference
Max Drawdown Largest peak-to-trough decline	-42.34%	-48.78%	+6.44%
Max Drawdown (1Y) Largest decline over 1 year	-17.50%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-22.92%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-42.34%	—	—
Current Drawdown Current decline from peak	-2.21%	-5.93%	+3.72%
Average Drawdown Average peak-to-trough decline	-11.47%	-29.90%	+18.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.23%	—	—

Volatility

Volatility by Period

	TCHP	MEME	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.84%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.20%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.12%	74.19%	-58.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.43%	74.19%	-50.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.18%	74.19%	-51.01%

TCHP vs. MEME - Expense Ratio Comparison

TCHP has a 0.57% expense ratio, which is lower than MEME's 0.69% expense ratio.

Dividends

TCHP vs. MEME - Dividend Comparison

Neither TCHP nor MEME has 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%
TCHP T. Rowe Price Blue Chip Growth ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.02%

Frequently Asked Questions

Can I hold both TCHP and MEME in my portfolio?

TCHP and MEME have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TCHP or MEME?

On fees, TCHP is cheaper at 0.57% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TCHP or MEME?

TCHP is cheaper with a 0.57% expense ratio, compared with 0.69% for MEME.

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

TCHP and MEME have nearly identical dividend yields, around 0.00%.

What is the main difference between TCHP and MEME?

They also come from different issuers: T. Rowe Price and Roundhill. Their fees differ too: 0.57% for TCHP and 0.69% for MEME.