diff --git a/memcached/Chart.yaml b/memcached/Chart.yaml
index 8b7a3b0c5f..42c81ba83c 100644
--- a/memcached/Chart.yaml
+++ b/memcached/Chart.yaml
@@ -15,6 +15,6 @@ apiVersion: v1
 appVersion: v1.5.5
 description: OpenStack-Helm Memcached
 name: memcached
-version: 0.1.1
+version: 0.1.2
 home: https://github.com/memcached/memcached
 ...
diff --git a/memcached/templates/bin/_memcached.sh.tpl b/memcached/templates/bin/_memcached.sh.tpl
index d1018ca64d..c727c286db 100644
--- a/memcached/templates/bin/_memcached.sh.tpl
+++ b/memcached/templates/bin/_memcached.sh.tpl
@@ -20,5 +20,8 @@ memcached --version
 exec memcached -v \
   -p ${MEMCACHED_PORT} \
   -U 0 \
+{{- if not .Values.conf.memcached.stats_cachedump.enabled }}
+  -X \
+{{- end }}
   -c ${MEMCACHED_MAX_CONNECTIONS} \
   -m ${MEMCACHED_MEMORY}
diff --git a/memcached/values.yaml b/memcached/values.yaml
index 116a989b72..f7bef57bbd 100644
--- a/memcached/values.yaml
+++ b/memcached/values.yaml
@@ -22,6 +22,8 @@ conf:
     # NOTE(pordirect): this should match the value in
     # `pod.resources.memcached.memory`
     memory: 1024
+    stats_cachedump:
+      enabled: true
 
 dependencies:
   dynamic:
diff --git a/releasenotes/notes/memcached.yaml b/releasenotes/notes/memcached.yaml
index 8497276d9c..bb21fd39e7 100644
--- a/releasenotes/notes/memcached.yaml
+++ b/releasenotes/notes/memcached.yaml
@@ -2,4 +2,5 @@
 memcached:
   - 0.1.0 Initial Chart
   - 0.1.1 Change helm-toolkit dependency version to ">= 0.1.0"
+  - 0.1.2 Make stats cachedump configurable.
 ...