FFLV vs SIXH
Fidelity Fundamental Large Cap Value ETF vs ETC 6 Meridian Hedged Equity Index Option ETF
Which is better, FFLV or SIXH?
FFLV has been ahead.
FFLV has a lower expense ratio. FFLV led over 1Y and the full window. FFLV is less concentrated, with 33.3% 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 | FFLV | SIXH |
|---|---|---|
| Expense Ratio | 0.38%Best | 0.73% |
| AUM | $18M | $605M |
| Dividend Yield | 1.36% | 1.78% |
| Holdings | 230 | 106 |
| YTD Return | +14.51% | +14.72%Best |
| 1Y Return | +21.86%Best | +17.59% |
| 3Y Return (annualized) | - | +13.16% |
| 5Y Return (annualized) | - | +9.95% |
| Volatility (annualized) | 12.4% | 7.2%Best |
| Max Drawdown | -16.7% | -9.1%Best |
| $10,000 over 2.6 years | $14,372Best | $13,312 |
| Top 10 Weight | 33.3%Best | 33.6% |
| 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 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 2.6 years both funds cover.
FFLV vs SIXH Performance
Fidelity Fundamental Large Cap Value ETF (FFLV) is an ETF from Fidelity Investments (US) and ETC 6 Meridian Hedged Equity Index Option ETF (SIXH) is an ETF from 6 Meridian ETF. Over the past year FFLV returned +21.86% while SIXH returned +17.59%. Year to date, FFLV is up 14.51% versus a gain of 14.72% for SIXH.
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 7.2% 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 -16.7% for FFLV 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 0.60. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FFLV charges 0.38% per year while SIXH charges 0.73%. On a $10,000 position that is $38 vs $73 annually, a gap of $35 per year that compounds over a long holding period. On income, FFLV currently yields 1.36% against 1.78% for SIXH.
Holdings Overlap
33.1% of FFLV's money is in holdings SIXH also owns. 30.4% of SIXH'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 52 in SIXH, against full books of 230 and 106.
What only one of them owns
Our book lists 34 positions for SIXH that do not appear in our book for FFLV (70.3% of the fund), and 84 for FFLV that do not appear in SIXH (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 SIXH | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 6.42% | 1.26% | 5.16% |
| AAPLApple, Inc | 5.11% | 1.33% | 3.78% |
| XOMExxonmobil Corp. | 4.05% | 1.30% | 2.75% |
| JNJJohnson & Johnson - Common | 1.81% | 2.50% | 0.69% |
| BMYBristol-Myers Squibb Co. | 0.45% | 3.56% | 3.11% |
| USBUS Bancorp | 1.52% | 2.42% | 0.90% |
| WFCWells Fargo & Co. | 2.59% | 1.20% | 1.39% |
| MRKMerck & Company Inc | 2.27% | 1.25% | 1.02% |
| GILDGilead Sciences | 1.64% | 1.29% | 0.35% |
| GMGeneral Motors Co | 0.53% | 2.38% | 1.85% |
33.1% of FFLV 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, FFLV or SIXH?
FFLV has an expense ratio of 0.38% while SIXH charges 0.73%. FFLV is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, FFLV or SIXH?
Over the past year FFLV returned +21.86% vs +17.59% for SIXH, 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 SIXH?
FFLV has been the more volatile fund at 12.4% annualized versus 7.2% for SIXH. Worst drawdown: FFLV -16.7% vs SIXH -9.1%.
Should I hold both FFLV and SIXH?
FFLV and SIXH have a monthly-return correlation of 0.60, 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 SIXH?
33.1% of FFLV's money is in holdings SIXH also owns. 30.4% of SIXH'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 52 in SIXH.
Which pays a higher dividend, FFLV or SIXH?
FFLV yields 1.36% while SIXH yields 1.78%, so SIXH currently pays the higher dividend yield.
Is SIXH better than FFLV?
FFLV has a lower expense ratio. FFLV led over 1Y and the full window. FFLV is less concentrated, with 33.3% 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.