DSTL vs SIXH
Distillate US Fundamental Stability & Value ETF vs ETC 6 Meridian Hedged Equity Index Option ETF
Which is better, DSTL or SIXH?
Each has led over a different period.
DSTL has a lower expense ratio. DSTL led over 3Y, 5Y and the full window, SIXH over 1Y. DSTL is less concentrated, with 18.3% of the fund in its ten largest positions against 33.6%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DSTL | SIXH |
|---|---|---|
| Expense Ratio | 0.39%Best | 0.73% |
| AUM | $2.0B | $605M |
| Dividend Yield | 1.14% | 1.78% |
| Holdings | 300 | 106 |
| YTD Return | +13.34% | +14.72%Best |
| 1Y Return | +16.45% | +17.59%Best |
| 3Y Return (annualized) | +15.03%Best | +13.16% |
| 5Y Return (annualized) | +10.92%Best | +9.95% |
| Volatility (annualized) | 15.9% | 9.1%Best |
| Max Drawdown | -19.9% | -11.7%Best |
| $10,000 over 5 years | $16,790Best | $16,069 |
| Top 10 Weight | 18.3%Best | 33.6% |
| Fund Family | Distillate Capital Etfs | 6 Meridian ETF |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Oct 23, 2018 | May 11, 2020 |
Volatility and max drawdown are measured over the window both funds cover: May 11, 2020 to Oct 14, 2026 (6.4 years).
DSTL vs SIXH growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 6.4 years both funds cover.
DSTL vs SIXH Performance
Distillate US Fundamental Stability & Value ETF (DSTL) is an ETF from Distillate Capital Etfs and ETC 6 Meridian Hedged Equity Index Option ETF (SIXH) is an ETF from 6 Meridian ETF. Over the past year DSTL returned +16.45% while SIXH returned +17.59%. Year to date, DSTL is up 13.34% versus a gain of 14.72% for SIXH.
Over three years, DSTL compounded at +15.03% per year against +13.16% for SIXH; over five years the annualized figures are +10.92% and +9.95% respectively. Across the full 6-year window we track, DSTL has the edge at +15.40% annualized vs +10.89%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DSTL has been the more volatile fund, with annualized monthly volatility of 15.9% compared with 9.1% for SIXH. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -19.9% for DSTL and -11.7% for SIXH. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.67. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DSTL charges 0.39% per year while SIXH charges 0.73%. On a $10,000 position that is $39 vs $73 annually, a gap of $34 per year that compounds over a long holding period. On income, DSTL currently yields 1.14% against 1.78% for SIXH.
Holdings Overlap
8.8% of DSTL's money is in holdings SIXH also owns. 10.6% of SIXH's money is in holdings DSTL also owns.
SIXH and DSTL share little of their money.
5 positions in common, counted across the 101 positions we hold weights for in DSTL and 52 in SIXH, against full books of 300 and 106.
What only one of them owns
Our book lists 47 positions for SIXH that do not appear in our book for DSTL (90.0% of the fund), and 95 for DSTL that do not appear in SIXH (90.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of DSTL and SIXH you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DSTL or SIXH?
DSTL has an expense ratio of 0.39% while SIXH charges 0.73%. DSTL is the cheaper option, by $34 a year on a $10,000 investment.
Which performed better, DSTL or SIXH?
Over the past year DSTL returned +16.45% vs +17.59% for SIXH, so SIXH leads on 1-year performance. Over the longest common window we track (6 years), DSTL annualized +15.40% vs +10.89% for SIXH. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DSTL or SIXH?
DSTL has been the more volatile fund at 15.9% annualized versus 9.1% for SIXH. Worst drawdown: DSTL -19.9% vs SIXH -11.7%.
Should I hold both DSTL and SIXH?
DSTL and SIXH have a monthly-return correlation of 0.67, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between DSTL and SIXH?
10.6% of SIXH's money is in holdings DSTL also owns. 10.6% of SIXH's is in holdings DSTL also owns. They hold 5 positions in common, counted across the 101 positions we hold weights for in DSTL and 52 in SIXH.
Which pays a higher dividend, DSTL or SIXH?
DSTL yields 1.14% while SIXH yields 1.78%, so SIXH currently pays the higher dividend yield.
Is SIXH better than DSTL?
DSTL has a lower expense ratio. DSTL led over 3Y, 5Y and the full window, SIXH over 1Y. DSTL is less concentrated, with 18.3% of the fund in its ten largest positions against 33.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.