MEME vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricMEMESPYWinner
Expense Ratio0.69%0.09%
AUM$12M$789.1B
Dividend Yield0.00%1.01%
Holdings20505
YTD Return+27.04%+13.68%
1Y Return-+21.53%
3Y Return (annualized)-+21.44%
5Y Return (annualized)-+13.18%
Volatility (annualized)-15.3%
Max Drawdown-50.1%-56.5%
Fund FamilyRoundhill InvestmentsState Street Investment Management
CategoryEquityEquity
InceptionOct 8, 2025Jan 22, 1993

MEME vs SPY Performance

Roundhill Meme Stock ETF (MEME) is a ETF from Roundhill Investments and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, MEME is up 27.04% versus a gain of 13.68% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -50.1% for MEME and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

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

1.1%overlap

MEME and SPY share 4 holdings out of 517 unique holdings combined, representing a 1.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in MEMEWeight in SPYDifference
SNDK6.01%0.40%5.61%
WDC5.36%0.31%5.05%
LITE5.25%0.09%5.16%
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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. On a $10,000 investment, that is $60 per year of difference.

What is the holdings overlap between MEME and SPY?

MEME and SPY share 4 common holdings with a 1.1% weight overlap. Combined, they hold 517 unique securities.

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.

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