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Chicago Board Options ExchangeFixed income
Previous close
$16.19
−$0.1882 · -1.15%
Sep 14, 2:24 PM ET
Regular session · ET · Market data may be delayed.
MEMY is an actively managed exchange-traded fund designed to generate regular income. It primarily invests in "meme stocks"—equities that quickly gain widespread attention on social media, often characterized by extreme volatility, speculative trading, and valuations frequently disconnected from fundamental analysis. The fund's investment process involves meticulously monitoring social media platforms for unusual discussion volume, trending topics, and robust sentiment, complemented by quantitative financial analysis. Its portfolio typically comprises 15 to 30 US-listed stocks or ETPs, chosen for their high implied volatility, irrespective of market capitalization or sector. MEMY's strategy blends direct equity holdings with synthetic exposures, employing options strategies such as buying calls and selling puts at similar strike prices, including those deep in-the-money. To produce income and manage risk, the fund systematically implements put credit spreads. Option selection for these spreads is guided by volatility levels, expiration dates, and prevailing market conditions. Portfolio adjustments are dynamic, reacting to evolving options market signals and shifts in social sentiment, with credit spreads regularly rolled.
Fund assets
1.15M USD
Expense ratio
0.99%
NAV
$16.37
Average volume
1.27K
Volume
643
Day range
$16.13 – $16.19
52-week range
$16.1724 – $25.914
Previous close
$16.3782
Price change
1 day
-1.15%
1 month
-8.17%
3 months
-29.79%
Year to date
-34.08%
1 year
-34.08%
3 years
-34.08%
5 years
-34.08%
Price changes exclude distributions, fees, taxes, and investor-specific cash flows.
Portfolio
Holdings data updated Sep 15, 2026.
Portfolio composition
Fund income
Sep 11, 2026
Sep 11, 2026
Sep 14, 2026
$0.08
Weekly
Sep 4, 2026
Sep 4, 2026
Sep 8, 2026
$0.08
Weekly
Aug 28, 2026
Aug 28, 2026
Aug 31, 2026
$0.08
Weekly
Aug 21, 2026
Aug 21, 2026
Aug 24, 2026
$0.08
Weekly
Aug 14, 2026
Aug 14, 2026
Aug 17, 2026
$0.08
Weekly
Aug 7, 2026
Aug 7, 2026
Aug 10, 2026
$0.07
Weekly
Jul 31, 2026
Jul 31, 2026
Aug 3, 2026
$0.07
Weekly
Jul 24, 2026
Jul 24, 2026
Jul 27, 2026
$0.07
Weekly
Jul 17, 2026
Jul 17, 2026
Jul 20, 2026
$0.07
Weekly
Jul 10, 2026
Jul 10, 2026
Jul 13, 2026
$0.07
Weekly
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ETF data may be delayed, incomplete, or revised. Holdings and exposures change over time. Historical performance does not guarantee future results. This page is for informational and educational purposes only and does not constitute investment advice or a recommendation.