The Roundhill MEME ETF (MEME) is an exchange-traded fund designed to invest in stocks that have gained significant popularity among retail investors and online investing communities, particularly across social media platforms and investment forums. The ETF is managed by Roundhill Investments and trades under the ticker MEME on the NYSE Arca.

Classified as a thematic equity ETF, the fund invests in companies experiencing elevated retail investor interest, often driven by social media activity, unusually high trading volumes, and strong market engagement. Its strategy is designed to provide exposure to the phenomenon commonly known as meme stocks.

The ETF follows an active management approach, allowing the portfolio to be adjusted as retail investor sentiment, online community activity, and market conditions evolve.

Diversification and sector exposure

MEME provides exposure primarily associated with:

• Meme stocks.

• Retail investors.

• Information technology.

• Consumer discretionary.

• Communication services.

• Entertainment.

• E-commerce.

• Active management.

The portfolio includes companies from multiple industries that attract significant retail investor attention, including technology firms, retailers, entertainment companies, communication businesses, electric vehicle manufacturers, and other stocks frequently discussed by online investing communities.

The ETF's performance generally reflects both the underlying performance of its holdings and shifts in retail investor sentiment, which may result in substantially higher volatility than traditional equity ETFs.

Structure and costs

MEME shares trade on the secondary market on the NYSE Arca during regular trading hours. Share creation and redemption occur through authorized participants, a mechanism intended to help align the ETF's market price with its net asset value (NAV).

The fund charges a management fee as outlined in its prospectus and does not apply a performance fee. Dividends received from portfolio holdings, when applicable, may be distributed periodically to shareholders according to the fund's distribution policy.

History and evolution of the ETF

The Roundhill MEME ETF was launched in 2021 during the rise of the meme stock phenomenon, which was fueled by growing participation from retail investors coordinating through digital platforms and online communities.

Since inception, the fund has actively adjusted its portfolio to reflect changing market trends and the companies attracting the greatest attention from retail investors.

In recent years, increased retail market participation, the widespread adoption of commission-free trading platforms, the expansion of online investing communities, and continued volatility in highly discussed stocks have continued to shape the ETF's performance.

Additional Information

Roundhill MEME ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $8.90 million.

Over the past 12 months, Roundhill MEME ETF recorded a return of -27.73%, with its price trading between $5.15 and $11.80 during the same period.

The ETF is traded under the ticker MEME.