TOK vs. MEME

Last updated Jun 24, 2026

TOK (iShares MSCI Kokusai ETF) and MEME (Roundhill Meme Stock ETF) are both Large Cap Growth Equities funds. TOK is passively managed, while MEME is actively managed. A 0.59 correlation means they provide meaningful diversification when combined. TOK charges 0.25%/yr vs 0.69%/yr for MEME.

Performance

TOK vs. MEME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Kokusai ETF (TOK) 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, TOK achieves a 7.75% return, which is significantly lower than MEME's 57.26% return.

TOK

• 1D: -1.13%
• 1M: -0.88%
• YTD: 7.75%
• 6M: 7.00%
• 1Y: 22.54%
• 3Y*: 19.77%
• 5Y*: 11.57%
• 10Y*: 13.73%

MEME

• 1D: -6.25%
• 1M: -10.39%
• YTD: 57.26%
• 6M: 44.66%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TOK vs. MEME - Yearly Performance Comparison

	2026 (YTD)	2025
TOK iShares MSCI Kokusai ETF	7.75%	2.59%
MEME Roundhill Meme Stock ETF	57.26%	-38.00%

Correlation

The correlation between TOK and MEME is 0.59, 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 8, 2025	0.59

TOK vs. MEME - Sectors Allocation Comparison

Sectors	TOK	MEME
Technology	30.8%	66.7%
Financial Services	15.5%	5.5%
Industrials	10.0%	22.3%
Healthcare	9.0%	5.4%
Consumer Cyclical	8.7%	-
Communication Services	8.5%	5.5%
Consumer Defensive	5.3%	-
Energy	4.1%	4.8%
Basic Materials	3.3%	4.6%
Utilities	2.9%	4.9%
Real Estate	1.7%	-

Return for Risk

TOK vs. MEME — Risk / Return Rank

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

TOK

TOK Risk / Return Rank: 58
TOK Sharpe Ratio Rank: 58
TOK Sortino Ratio Rank: 57
TOK Omega Ratio Rank: 57
TOK Calmar Ratio Rank: 54
TOK Martin Ratio Rank: 65

MEME

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

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.

TOK vs. MEME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Kokusai ETF (TOK) 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.

	TOK	MEME	Difference
Sharpe ratio: Return per unit of total volatility	1.82	—	—
Sortino ratio: Return per unit of downside risk	2.54	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	2.50	—	—
Martin ratio: Return relative to average drawdown	11.15	—	—

Drawdowns

TOK vs. MEME - Drawdown Comparison

The maximum TOK drawdown since its inception was -56.18%, which is greater than MEME's maximum drawdown of -48.78%. Use the drawdown chart below to compare losses from any high point for TOK and MEME.

Drawdown Indicators

	TOK	MEME	Difference
Max Drawdown Largest peak-to-trough decline	-56.18%	-48.78%	-7.40%
Max Drawdown (1Y) Largest decline over 1 year	-9.07%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-16.23%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.86%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.82%	—	—
Current Drawdown Current decline from peak	-2.61%	-17.37%	+14.76%
Average Drawdown Average peak-to-trough decline	-8.50%	-28.63%	+20.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.03%	—	—

Volatility

Volatility by Period

	TOK	MEME	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.49%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.09%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.49%	75.52%	-63.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.02%	75.52%	-59.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.12%	75.52%	-58.40%

TOK vs. MEME - Expense Ratio Comparison

TOK has a 0.25% expense ratio, which is lower than MEME's 0.69% expense ratio.

Dividends

TOK vs. MEME - Dividend Comparison

TOK's dividend yield for the trailing twelve months is around 1.33%, while MEME has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MEME Roundhill Meme Stock ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TOK iShares MSCI Kokusai ETF	1.33%	1.37%	1.66%	1.95%	3.55%	1.66%	1.52%	2.12%	2.74%	2.60%	2.56%	3.02%

Frequently Asked Questions

Can I hold both TOK and MEME in my portfolio?

TOK and MEME have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TOK or MEME?

On fees, TOK is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TOK or MEME?

TOK is cheaper with a 0.25% expense ratio, compared with 0.69% for MEME.

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

TOK has the higher dividend yield at 1.33%, compared with 0.00% for MEME.

What is the main difference between TOK and MEME?

They also come from different issuers: iShares and Roundhill. Their fees differ too: 0.25% for TOK and 0.69% for MEME.