The MEME ETF is the first ETF globally explicitly designed to track the performance of meme stocks.
Retail's percentage of total equity volume in 20211
WallStreetBets active users (as of January 2023)2
Robinhood monthly active users (as of December 2022)3
The Roundhill MEME ETF (“MEME ETF”) is designed to offer investors exposure to “meme stocks” by providing investment results that closely track the performance, before fees and expenses, of the Solactive Roundhill Meme Stock Index (“MEME Index”). The MEME ETF is the first ETF globally explicitly designed to track the performance of meme stocks.
The MEME Index consists of 25 equal-weighted U.S. listed equity securities that exhibit a combination of elevated social media activity and high short interest. Short interest is calculated by the percentage of a security's float which are currently sold short. Social media activity and short interest data are supplied by third-party data providers. The index is rebalanced every two weeks, in order to best attempt to capture trending stocks as they emerge. Due to the MEME Index's focus on stocks that are both highly shorted and subject to increased retail sentiment, as well as the fund's high turnover given bi-weekly rebalances, MEME may experience significantly greater volatility than conventional equity ETFs or mutual funds.
Over the past several years, retail trading volume has grown noticeably as commission-free trading has become readily available from brokerages such as Robinhood. According to Bloomberg Intelligence, retail has accounted for 21.3% of total equity volume in 2021, more than doubling its market share since 2010.
(Source: Bloomberg Intelligence. Data as of 11/30/2021)
Platforms such as Twitter, Reddit (r/WallStreetBets), Discord, and Stocktwits have become a home for millennial investors and amplified the ability to share and consume research and investment ideas. 2021 was a record-setting year for user growth on WallStreetBets with the subreddit reaching 11 million users as of November 2021 after beginning the year with just over 1 million.
1Bloomberg Intelligence; 2Reddit: r/wallstreetbets/; 3Robinhood Investor Relations
Ticker
MEME
Primary Exchange
NYSE Arca
Expense Ratio
0.69%
AUM
Launch
12/8/21
# of Holdings
ETF Options
YES
CUSIP
53656F136
Shares Outstanding
As of TBD
Net Asset Value
Change ($)
Change (%)
1 Year
As of
Since Inception (12/8/21)
As of
Closing Price
Change ($)
Change (%)
1 Year
As of
Since Inception (12/8/21)
As of
* On May 1, 2023 the Roundhill MEME ETF executed a 1:5 reverse stock split.
The performance data quoted represents past performance. Past performance does not guarantee future results. Current performance may be lower or higher than the performance data quoted. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost. Returns less than one year are not annualized. For the most recent month-end performance, please call (855) 561-5728. You cannot invest directly in an index. Shares are bought and sold at market price (closing price), not net asset value (NAV), and are individually redeemed from the Fund. Market performance is determined using the Primary Exchange official closing price. Brokerage commissions will reduce returns
As of TBD
| Name | Ticker | Weight |
|---|
ETF holdings and allocations are subject to change at any time and should not be interpreted as an offer of these securities.
As of
NAV
Premium/Discount
30-Day Median Bid/Ask Spread
0.2495%
MEME launched on 12/8/2021.
MEME is currently available on a number of brokerage platforms. If you work with a financial adviser, it will depend on whether MEME is “approved” by the adviser, which they will be able to answer.
To the best of our knowledge, those who can buy US-listed stocks and ETFs should be able to access MEME. Please check your brokerage platform or with your financial advisor.
0.69%
On the NYSE Arca.
Options trading is available on the NYSE American Options market.
The Solactive Roundhill Meme Stock Index is managed by Solactive. For more information, please view the website here.
MEME consists of 25 equal-weighted U.S. listed equity securities that exhibit a combination of elevated social media activity and high short interest.
Yes, Roundhill Investments is the adviser to BETZ - The Sports Betting ETF, METV - The Metaverse ETF, and more.
Invest in GameStop, AMC,
and more.
