Meme ETF Returns: Is It Too Late to Invest?

On Wednesday, Roundhill Investments announced the relaunch of the Meme Stock ETF, designed to engage everyday investors in the volatile world of meme stocks. This ETF, trading under the ticker MEME, aims to provide an avenue for capitalizing on trending yet unpredictable stocks.

Meme ETF Returns: Is It Too Late to Invest?

The latest iteration of the Meme Stock ETF marks a significant return for Roundhill, which previously introduced a similar fund in late 2021. The original ETF ceased operations two years later, raising questions about whether the new launch indicates a decline in market enthusiasm for meme stocks.

Key Details of the Replay

• Ticker Symbol: MEME
• Launch Date: Wednesday, October 8, 2025
• Previous ETF Lifetime: December 2021 to late 2023
• Previous Performance: Nasdaq dropped nearly 10% during that period

Market Context

Roundhill’s CEO, Dave Mazza, emphasized the transformation of meme stocks from a rebellion to a revolutionary financial instrument. Despite their intriguing appeal, the previous venture serves as a cautionary reminder. From its launch in 2021 until closure, notable meme stocks like GameStop and AMC experienced severe declines—69% and over 96%, respectively.

New Generation of Meme Stocks

The revamped fund features an active management strategy that allows quick adaptability to evolving market trends. Notably, Opendoor Technologies emerges as the largest holding, constituting nearly 12% of the ETF. After struggling at just below $2 per share last year, it has surged nearly 450% this year, largely driven by interest from hedge fund manager Eric Jackson.

Meme ETF Key Holdings

As investors navigate these emerging opportunities, the return of the Meme ETF raises essential questions. Is it the right time to invest, or are there signs of market exuberance signaling caution?