FFLV vs SIXA
Fidelity Fundamental Large Cap Value ETF vs ETC 6 Meridian Mega Cap Equity ETF
Which is better, FFLV or SIXA?
Each has led over a different period.
FFLV has a lower expense ratio. FFLV led over 1Y, SIXA over the full window. FFLV is less concentrated, with 33.3% of the fund in its ten largest positions against 34.8%.
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 | FFLV | SIXA |
|---|---|---|
| Expense Ratio | 0.38%Best | 0.47% |
| AUM | $18M | $540M |
| Dividend Yield | 1.36% | 1.96% |
| Holdings | 230 | 150 |
| YTD Return | +14.51% | +16.78%Best |
| 1Y Return | +21.86%Best | +19.27% |
| 3Y Return (annualized) | - | +21.22% |
| 5Y Return (annualized) | - | +12.90% |
| Volatility (annualized) | 12.4% | 9.0%Best |
| Max Drawdown | -16.7% | -11.2%Best |
| $10,000 over 2.6 years | $14,372 | $15,192Best |
| Top 10 Weight | 33.3%Best | 34.8% |
| Fund Family | Fidelity Investments (US) | 6 Meridian ETF |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Feb 9, 2024 | May 11, 2020 |
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Feb 26, 2024 to Oct 14, 2026 (2.6 years).
FFLV vs SIXA 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 2.6 years both funds cover.
FFLV vs SIXA Performance
Fidelity Fundamental Large Cap Value ETF (FFLV) is an ETF from Fidelity Investments (US) and ETC 6 Meridian Mega Cap Equity ETF (SIXA) is an ETF from 6 Meridian ETF. Over the past year FFLV returned +21.86% while SIXA returned +19.27%. Year to date, FFLV is up 14.51% versus a gain of 16.78% for SIXA.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FFLV has been the more volatile fund, with annualized monthly volatility of 12.4% compared with 9.0% for SIXA. 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 -16.7% for FFLV and -11.2% for SIXA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FFLV charges 0.38% per year while SIXA charges 0.47%. On a $10,000 position that is $38 vs $47 annually, a gap of $9 per year that compounds over a long holding period. On income, FFLV currently yields 1.36% against 1.96% for SIXA.
Holdings Overlap
33.1% of FFLV's money is in holdings SIXA also owns. 31.9% of SIXA's money is in holdings FFLV also owns.
The two portfolios partly overlap.
18 positions in common, counted across the 115 positions we hold weights for in FFLV and 50 in SIXA, against full books of 230 and 150.
What only one of them owns
Our book lists 32 positions for SIXA that do not appear in our book for FFLV (68.1% of the fund), and 84 for FFLV that do not appear in SIXA (58.0%).
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 FFLV | Weight in SIXA | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 6.42% | 1.33% | 5.09% |
| AAPLApple, Inc | 5.11% | 1.38% | 3.73% |
| XOMExxonmobil Corp. | 4.05% | 1.37% | 2.68% |
| JNJJohnson & Johnson - Common | 1.81% | 2.63% | 0.82% |
| BMYBristol-Myers Squibb Co. | 0.45% | 3.74% | 3.29% |
| USBUS Bancorp | 1.52% | 2.55% | 1.03% |
| WFCWells Fargo & Co. | 2.59% | 1.26% | 1.33% |
| MRKMerck & Company Inc | 2.27% | 1.31% | 0.96% |
| GMGeneral Motors Co | 0.53% | 2.50% | 1.97% |
| GILDGilead Sciences | 1.64% | 1.36% | 0.28% |
33.1% of FFLV is already inside SIXA.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, FFLV or SIXA?
FFLV has an expense ratio of 0.38% while SIXA charges 0.47%. FFLV is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, FFLV or SIXA?
Over the past year FFLV returned +21.86% vs +19.27% for SIXA, so FFLV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FFLV or SIXA?
FFLV has been the more volatile fund at 12.4% annualized versus 9.0% for SIXA. Worst drawdown: FFLV -16.7% vs SIXA -11.2%.
Should I hold both FFLV and SIXA?
FFLV and SIXA have a monthly-return correlation of 0.85, 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 FFLV and SIXA?
33.1% of FFLV's money is in holdings SIXA also owns. 31.9% of SIXA's is in holdings FFLV also owns. They hold 18 positions in common, counted across the 115 positions we hold weights for in FFLV and 50 in SIXA.
Which pays a higher dividend, FFLV or SIXA?
FFLV yields 1.36% while SIXA yields 1.96%, so SIXA currently pays the higher dividend yield.
Is SIXA better than FFLV?
FFLV has a lower expense ratio. FFLV led over 1Y, SIXA over the full window. FFLV is less concentrated, with 33.3% of the fund in its ten largest positions against 34.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.