XOUT vs. MEME

Last updated Jun 4, 2026

XOUT (GraniteShares XOUT U.S. Large Cap ETF) and MEME (Roundhill Meme Stock ETF) are both Large Cap Growth Equities funds. XOUT is passively managed, while MEME is actively managed. At a 0.30 correlation, their price movements are largely independent. XOUT charges 0.60%/yr vs 0.69%/yr for MEME.

Performance

XOUT vs. MEME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares XOUT U.S. Large Cap ETF (XOUT) 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, XOUT achieves a -3.24% return, which is significantly lower than MEME's 79.03% return.

XOUT

• 1D: -2.27%
• 1M: 9.28%
• YTD: -3.24%
• 6M: -4.85%
• 1Y: 8.51%
• 3Y*: 18.88%
• 5Y*: 10.93%
• 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)

XOUT vs. MEME - Yearly Performance Comparison

	2026 (YTD)	2025
XOUT GraniteShares XOUT U.S. Large Cap ETF	-3.24%	0.17%
MEME Roundhill Meme Stock ETF	79.03%	-36.83%

Correlation

The correlation between XOUT and MEME is 0.30, 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	0.30

XOUT vs. MEME - Sectors Allocation Comparison

Sectors	XOUT	MEME
Technology	35.1%	58.8%
Healthcare	17.3%	5.4%
Consumer Cyclical	15.4%	-
Communication Services	12.4%	5.5%
Financial Services	9.6%	5.7%
Consumer Defensive	5.7%	-
Industrials	3.3%	29.9%
Basic Materials	0.6%	4.6%
Real Estate	0.4%	-
Energy	0.2%	4.8%
Utilities	-	10.7%

Return for Risk

XOUT vs. MEME — Risk / Return Rank

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

XOUT

XOUT Risk / Return Rank: 14
XOUT Sharpe Ratio Rank: 15
XOUT Sortino Ratio Rank: 15
XOUT Omega Ratio Rank: 15
XOUT Calmar Ratio Rank: 13
XOUT Martin Ratio Rank: 13

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.

XOUT vs. MEME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares XOUT U.S. Large Cap ETF (XOUT) 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.

	XOUT	MEME	Difference
Sharpe ratio: Return per unit of total volatility	0.44	—	—
Sortino ratio: Return per unit of downside risk	0.72	—	—
Omega ratio: Gain probability vs. loss probability	1.09	—	—
Calmar ratio: Return relative to maximum drawdown	0.37	—	—
Martin ratio: Return relative to average drawdown	0.92	—	—
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

	XOUT	MEME	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.44	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.28	+0.38

Drawdowns

XOUT vs. MEME - Drawdown Comparison

The maximum XOUT drawdown since its inception was -31.29%, smaller than the maximum MEME drawdown of -48.78%. Use the drawdown chart below to compare losses from any high point for XOUT and MEME.

Drawdown Indicators

	XOUT	MEME	Difference
Max Drawdown Largest peak-to-trough decline	-31.29%	-48.78%	+17.49%
Max Drawdown (1Y) Largest decline over 1 year	-23.21%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-23.77%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-31.29%	—	—
Current Drawdown Current decline from peak	-6.09%	-5.93%	-0.16%
Average Drawdown Average peak-to-trough decline	-8.41%	-29.90%	+21.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.25%	—	—

Volatility

Volatility by Period

	XOUT	MEME	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.48%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.17%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	19.55%	74.19%	-54.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.78%	74.19%	-52.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.23%	74.19%	-50.96%

XOUT vs. MEME - Expense Ratio Comparison

XOUT has a 0.60% expense ratio, which is lower than MEME's 0.69% expense ratio.

Dividends

XOUT vs. MEME - Dividend Comparison

Neither XOUT nor MEME has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
MEME Roundhill Meme Stock ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XOUT GraniteShares XOUT U.S. Large Cap ETF	0.00%	0.00%	0.00%	0.40%	0.51%	0.28%	0.53%	0.19%

Frequently Asked Questions

Can I hold both XOUT and MEME in my portfolio?

XOUT and MEME have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XOUT or MEME?

On fees, XOUT is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XOUT or MEME?

XOUT is cheaper with a 0.60% expense ratio, compared with 0.69% for MEME.

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

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

What is the main difference between XOUT and MEME?

They also come from different issuers: GraniteShares and Roundhill. Their fees differ too: 0.60% for XOUT and 0.69% for MEME.