MEME vs SPY
Roundhill Meme Stock ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, MEME or SPY?
SPY has been ahead.
SPY has a lower expense ratio. SPY led over 1Y. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 59.7%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | MEME | SPY |
|---|---|---|
| Expense Ratio | 0.69% | 0.09%Best |
| AUM | $14M | $814.4B |
| Dividend Yield | 0.00% | 1.01% |
| Holdings | 20 | 505 |
| YTD Return | +21.10%Best | +13.34% |
| 1Y Return | -16.96% | +19.97%Best |
| 3Y Return (annualized) | - | +21.20% |
| 5Y Return (annualized) | - | +12.81% |
| Top 10 Weight | 59.7% | 38.0%Best |
| Fund Family | Roundhill Investments | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 8, 2025 | Jan 22, 1993 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
MEME vs SPY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
MEME vs SPY Performance
Roundhill Meme Stock ETF (MEME) is an ETF from Roundhill Investments and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year MEME returned -16.96% while SPY returned +19.97%. Year to date, MEME is up 21.10% versus a gain of 13.34% for SPY.
Past performance does not guarantee future results.
Fees and Cost Over Time
MEME charges 0.69% per year while SPY charges 0.09%. On a $10,000 position that is $69 vs $9 annually, a gap of $60 per year that compounds over a long holding period. On income, MEME currently yields 0.00% against 1.01% for SPY.
Holdings Overlap
27.5% of MEME's money is in holdings SPY also owns. 1.1% of SPY's money is in holdings MEME also owns.
MEME and SPY share little of their money.
6 positions in common, counted across the 20 positions we hold weights for in MEME and 504 in SPY, against full books of 20 and 505.
What only one of them owns
Our book lists 490 positions for SPY that do not appear in our book for MEME (98.3% of the fund), and 12 for MEME that do not appear in SPY (58.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in MEME | Weight in SPY | Difference |
|---|---|---|---|
| LITELumentum Holdings Inc | 5.19% | 0.10% | 5.09% |
| SNDKSandisk Corp/De | 4.83% | 0.32% | 4.51% |
| SMCISuper Micro Computer Inc Common Stock USD.001 | 4.77% | 0.03% | 4.74% |
| COHRCoherent, Inc | 4.57% | 0.10% | 4.47% |
| STXSeagate Technology Holdings Plc | 4.18% | 0.28% | 3.90% |
| WDCWestern Digital Corp Company Guar 11/28 3 | 3.92% | 0.28% | 3.64% |
27.5% of MEME is already inside SPY.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, MEME or SPY?
MEME has an expense ratio of 0.69% while SPY charges 0.09%. SPY is the cheaper option, by $60 a year on a $10,000 investment.
Which performed better, MEME or SPY?
Over the past year MEME returned -16.96% vs +19.97% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
What is the holdings overlap between MEME and SPY?
27.5% of MEME's money is in holdings SPY also owns. 1.1% of SPY's is in holdings MEME also owns. They hold 6 positions in common, counted across the 20 positions we hold weights for in MEME and 504 in SPY.
Which pays a higher dividend, MEME or SPY?
MEME yields 0.00% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
Is SPY better than MEME?
SPY has a lower expense ratio. SPY led over 1Y. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 59.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.