XOVR vs. MEME

Last updated Jun 4, 2026

XOVR (ERShares Entrepreneur Private-Public Crossover ETF) and MEME (Roundhill Meme Stock ETF) are both Large Cap Growth Equities funds. XOVR is passively managed, while MEME is actively managed. A 0.56 correlation means they provide meaningful diversification when combined. XOVR charges 0.75%/yr vs 0.69%/yr for MEME.

Performance

XOVR vs. MEME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ERShares Entrepreneur Private-Public Crossover ETF (XOVR) 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, XOVR achieves a -0.35% return, which is significantly lower than MEME's 79.03% return.

XOVR

• 1D: -1.67%
• 1M: 6.93%
• YTD: -0.35%
• 6M: 0.55%
• 1Y: 10.88%
• 3Y*: 19.21%
• 5Y*: 6.16%
• 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)

XOVR vs. MEME - Yearly Performance Comparison

	2026 (YTD)	2025
XOVR ERShares Entrepreneur Private-Public Crossover ETF	-0.35%	-6.06%
MEME Roundhill Meme Stock ETF	79.03%	-36.83%

Correlation

The correlation between XOVR and MEME is 0.56, 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 9, 2025	0.56

XOVR vs. MEME - Sectors Allocation Comparison

Sectors	XOVR	MEME
Technology	34.1%	58.8%
Communication Services	26.7%	5.5%
Healthcare	18.4%	5.4%
Financial Services	8.5%	5.7%
Consumer Cyclical	6.9%	-
Industrials	5.4%	29.9%
Energy	3.1%	4.8%
Basic Materials	-	4.6%
Consumer Defensive	-	-
Real Estate	-	-
Utilities	-	10.7%

Return for Risk

XOVR vs. MEME — Risk / Return Rank

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

XOVR

XOVR Risk / Return Rank: 16
XOVR Sharpe Ratio Rank: 17
XOVR Sortino Ratio Rank: 17
XOVR Omega Ratio Rank: 17
XOVR Calmar Ratio Rank: 14
XOVR 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.

XOVR vs. MEME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ERShares Entrepreneur Private-Public Crossover ETF (XOVR) 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.

	XOVR	MEME	Difference
Sharpe ratio: Return per unit of total volatility	0.55	—	—
Sortino ratio: Return per unit of downside risk	0.87	—	—
Omega ratio: Gain probability vs. loss probability	1.11	—	—
Calmar ratio: Return relative to maximum drawdown	0.45	—	—
Martin ratio: Return relative to average drawdown	1.00	—	—
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

	XOVR	MEME	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.55	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.24	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.28	+0.11

Drawdowns

XOVR vs. MEME - Drawdown Comparison

The maximum XOVR drawdown since its inception was -56.28%, which is greater than MEME's maximum drawdown of -48.78%. Use the drawdown chart below to compare losses from any high point for XOVR and MEME.

Drawdown Indicators

	XOVR	MEME	Difference
Max Drawdown Largest peak-to-trough decline	-56.28%	-48.78%	-7.50%
Max Drawdown (1Y) Largest decline over 1 year	-24.32%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-25.23%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-49.35%	—	—
Current Drawdown Current decline from peak	-7.55%	-5.93%	-1.62%
Average Drawdown Average peak-to-trough decline	-18.41%	-29.90%	+11.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.94%	—	—

Volatility

Volatility by Period

	XOVR	MEME	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.20%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.81%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.00%	74.19%	-54.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.15%	74.19%	-48.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.87%	74.19%	-47.32%

XOVR vs. MEME - Expense Ratio Comparison

XOVR has a 0.75% expense ratio, which is higher than MEME's 0.69% expense ratio.

Dividends

XOVR vs. MEME - Dividend Comparison

Neither XOVR nor MEME has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
XOVR ERShares Entrepreneur Private-Public Crossover ETF	0.00%	0.00%	0.00%	0.00%	0.00%	57.75%	6.31%	0.08%	3.71%	0.08%

Frequently Asked Questions

Can I hold both XOVR and MEME in my portfolio?

XOVR and MEME have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XOVR 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, XOVR or MEME?

MEME is cheaper with a 0.69% expense ratio, compared with 0.75% for XOVR.

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

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

What is the main difference between XOVR and MEME?

They also come from different issuers: EntrepreneurShares and Roundhill. Their fees differ too: 0.75% for XOVR and 0.69% for MEME.