I would say "utility" tokens are better, but at the same time there are many terrible ones of that too. I know it is not an easy task, but if you could do a better job with others, then you should not be worried at all. We have seen plenty of terrible results, and so utility tokens will be terrible results. But if you know what you are doing, then you should be doing a good job with whatever you have.
Memecoins are almost always terrible and they never make profit, there are like maybe one in a thousand memecoin that made anyone money. So that is why utility is ahead of memes, but that still doesn't mean just because you got a utility token, that means you will profit. You should be careful and if you do a good job then the return should not be a bad one at all.
If you want to gamble with your money then go for memecoins and just like in gambling you are very much likely to lose in memecoin. A recent example is The Trump Coin, it went up for few days after it's launch and since then it's down. Those who bought The Trump Coin when it was trading above 30$ are in great trouble now because price has gone down to 12$ and there is no indication that it will go up from here.
If you have spare cash and looking to invest in alts then better choose top 10 from coinmarketcap.com for investment. Don't invest too much in alts, just the one you can afford to lose.