New York stock exchange trader
Investors have become more cautious about US stocks in recent weeks.Johannes Eisele/Getty Images
  • The convergence of stimulus checks and millions of new retail investors led to a boom in so-called meme stocks this year.
  • The movement was led by epic short squeezes in GameStop and AMC Entertainment as investors YOLO'd their stimulus checks.
  • These are 10 meme stocks that will be included in the upcoming Roundhill Meme Stock ETF.

The meme stock boom of 2021 that launched left-for-dead stocks like GameStop and AMC Entertainment to record highs has inspired a new ETF that will invest in stocks based on social media activity and high short interest.

The Roundhill Meme Stock ETF, which tracks the Solactive Roundhill Meme Stock Index, will own a basket of 25 highly shorted stocks that have high social media activity and a market capitalization of at least a $1 billion.

The ETF holdings are equally weighted, and the rules-based ETF is rebalanced twice per month.

If approved, the Roundhill MEME ETF will trade on the New York Stock Exchange under the ticker "MEME." The ETF was filed with the SEC over the summer and has yet to be launched, but the underlying index of the ETF went live earlier this month.

These are 10 of the 25 meme stocks that will be owned by the upcoming Roundhill Meme Stock ETF, according to data from the fund's index provider Solactive. 

10. Virgin Galactic

Ticker: SPCE
Market Capitalization: $4.2 billion
Year-To-Date Performance: -31.5%

Sir Richard Branson, Founder of Virgin Galactic, poses for photographs before ringing a ceremonial bell on the floor of the New York Stock Exchange (NYSE) to promote the first day of trading of Virgin Galactic Holdings shares on October 28, 2019 in New York City.
Richard Branson, founder of Virgin Galactic.Drew Angerer/Getty Images

9. SoFi Technologies

Ticker: SOFI
Market Capitalization: $15.0 billion
Year-To-Date Performance: 48.2%

SoFi Stadium
SoFi Stadium.(Photo by Kevin Reece/Icon Sportswire via Getty Images)

8. Digital World Acquisition

Ticker: DWAC
Market Capitalization: $1.6 billion
Year-To-Date Performance: 329.6%

trump media pitchdeck 14
Trump Media & Technology Group Corp.

7. Lucid Group

Ticker: LCID
Market Capitalization: $77.3 billion
Year-To-Date Performance: 450.1%

Lucid Air
Lucid Motors

6. Peloton Interactive

Ticker: PTON
Market Capitalization: $13.8 billion
Year-To-Date Performance: -70.7%

A Peloton exercise bike is seen after the ringing of the opening bell for the company's IPO at the Nasdaq Market site in New York City, New York, U.S., September 26, 2019.
REUTERS/Shannon Stapleton/File Photo

5. Upstart Holdings

Ticker: UPST
Market Capitalization: $19.0 billion
Year-To-Date Performance: 421.5%

Upstart logo
Upstart

4. Roblox

Ticker: RBLX
Market Capitalization: $70.1 billion
Year-To-Date Performance: 86.1%

Roblox
SOPA Images / Contributor / Getty Images

3. Robinhood Markets

Ticker: HOOD
Market Capitalization: $24.5 billion
Year-To-Date Performance: -22.3%

Robinhood co-founders Baiju Bhatt (left) and Vlad Tenev.
Robinhood co-founders Baiju Bhatt (left) and Vlad Tenev.Spencer Platt/Getty Images

2. AMC Entertainment

Ticker: AMC
Market Capitalization: $18.7 billion
Year-To-Date Performance: 1,637.7%

2019 American Cinematheque Award - Arrivals - Beverly Hills, California, U.S., November 8, 2019 - Adam Aron.
AMC CEO Adam AronREUTERS/Mario Anzuoni

1. GameStop 

Ticker: GME
Market Capitalization: $14.2 billion
Year-To-Date Performance: 972.2%

A high-street GameStop store
VIEW press/Getty Images
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