FDIV vs SIXH
MarketDesk Focused US Dividend ETF vs ETC 6 Meridian Hedged Equity Index Option ETF
Which is better, FDIV or SIXH?
SIXH has been ahead.
FDIV has a lower expense ratio. SIXH led over 1Y, 3Y and the full window. FDIV is less concentrated, with 33.0% 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 | FDIV | SIXH |
|---|---|---|
| Expense Ratio | 0.35%Best | 0.73% |
| AUM | $53M | $605M |
| Dividend Yield | 2.61% | 1.78% |
| Holdings | 224 | 106 |
| YTD Return | -0.05% | +14.72%Best |
| 1Y Return | +2.12% | +17.59%Best |
| 3Y Return (annualized) | +6.26% | +13.16%Best |
| 5Y Return (annualized) | - | +9.95% |
| Volatility (annualized) | 12.8% | 7.0%Best |
| Max Drawdown | -18.6% | -9.1%Best |
| $10,000 over 3.1 years | $11,722 | $14,487Best |
| Top 10 Weight | 33.0%Best | 33.6% |
| Fund Family | MarketDesk Indices | 6 Meridian ETF |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Sep 19, 2023 | May 11, 2020 |
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Sep 20, 2023 to Oct 14, 2026 (3.1 years).
FDIV 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 3.1 years both funds cover.
FDIV vs SIXH Performance
MarketDesk Focused US Dividend ETF (FDIV) is an ETF from MarketDesk Indices and ETC 6 Meridian Hedged Equity Index Option ETF (SIXH) is an ETF from 6 Meridian ETF. Over the past year FDIV returned +2.12% while SIXH returned +17.59%. Year to date, FDIV is down 0.05% versus a gain of 14.72% for SIXH.
Over three years, FDIV compounded at +6.26% per year against +13.16% for SIXH.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FDIV has been the more volatile fund, with annualized monthly volatility of 12.8% compared with 7.0% 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 -18.6% for FDIV and -9.1% 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 0.61. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FDIV charges 0.35% per year while SIXH charges 0.73%. On a $10,000 position that is $35 vs $73 annually, a gap of $38 per year that compounds over a long holding period. On income, FDIV currently yields 2.61% against 1.78% for SIXH.
Holdings Overlap
34.0% of FDIV's money is in holdings SIXH also owns. 23.8% of SIXH's money is in holdings FDIV also owns.
The two portfolios partly overlap.
13 positions in common, counted across the 111 positions we hold weights for in FDIV and 52 in SIXH, against full books of 224 and 106.
What only one of them owns
Our book lists 39 positions for SIXH that do not appear in our book for FDIV (76.8% of the fund), and 93 for FDIV that do not appear in SIXH (64.0%).
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.
Top Shared Holdings
| Stock | Weight in FDIV | Weight in SIXH | Difference |
|---|---|---|---|
| LRCXLrcx Uw Equity | 3.32% | 3.01% | 0.31% |
| LLYEli Lilly & Co. | 3.14% | 2.55% | 0.59% |
| NVDANvidia Corp | 4.05% | 1.37% | 2.68% |
| METAMeta Platforms Inc | 3.77% | 1.62% | 2.15% |
| TAT&T Inc. | 1.54% | 3.63% | 2.09% |
| AMATApplied Materials, Inc. | 3.48% | 1.54% | 1.94% |
| XOMExxonmobil Corp. | 3.16% | 1.30% | 1.86% |
| PGProcter & Gamble Company | 2.94% | 1.26% | 1.68% |
| KOCoca Cola Co. | 2.93% | 1.26% | 1.67% |
| COPConocophillips Common Stock USD 0.01 | 1.38% | 2.44% | 1.06% |
34.0% of FDIV is already inside SIXH.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FDIV or SIXH?
FDIV has an expense ratio of 0.35% while SIXH charges 0.73%. FDIV is the cheaper option, by $38 a year on a $10,000 investment.
Which performed better, FDIV or SIXH?
Over the past year FDIV returned +2.12% vs +17.59% for SIXH, so SIXH leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FDIV or SIXH?
FDIV has been the more volatile fund at 12.8% annualized versus 7.0% for SIXH. Worst drawdown: FDIV -18.6% vs SIXH -9.1%.
Should I hold both FDIV and SIXH?
FDIV and SIXH have a monthly-return correlation of 0.61, 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 FDIV and SIXH?
34.0% of FDIV's money is in holdings SIXH also owns. 23.8% of SIXH's is in holdings FDIV also owns. They hold 13 positions in common, counted across the 111 positions we hold weights for in FDIV and 52 in SIXH.
Which pays a higher dividend, FDIV or SIXH?
FDIV yields 2.61% while SIXH yields 1.78%, so FDIV currently pays the higher dividend yield.
Is SIXH better than FDIV?
FDIV has a lower expense ratio. SIXH led over 1Y, 3Y and the full window. FDIV is less concentrated, with 33.0% 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.