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Invest In ALL MEME Stocks! ROUNDHILL MEME ETF Exchange Traded Fund, Gamestop, AMC, Wish, DWAC
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.
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