OAKM vs SIXH
Oakmark US Large Cap ETF vs ETC 6 Meridian Hedged Equity Index Option ETF
Which is better, OAKM or SIXH?
Each has led over a different period.
OAKM has a lower expense ratio. OAKM led over the full window, SIXH over 1Y. SIXH is less concentrated, with 33.6% of the fund in its ten largest positions against 35.0%.
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 | OAKM | SIXH |
|---|---|---|
| Expense Ratio | 0.59%Best | 0.73% |
| AUM | $1.1B | $605M |
| Dividend Yield | 0.65% | 1.78% |
| Holdings | 41 | 106 |
| YTD Return | +7.98% | +15.48%Best |
| 1Y Return | +16.37% | +18.66%Best |
| 3Y Return (annualized) | - | +13.39% |
| 5Y Return (annualized) | - | +10.03% |
| Volatility (annualized) | 12.4% | 7.6%Best |
| Max Drawdown | -15.2% | -9.1%Best |
| $10,000 over 1.9 years | $12,569Best | $12,285 |
| Top 10 Weight | 35.0% | 33.6%Best |
| Fund Family | Oakmark Funds | 6 Meridian ETF |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Dec 3, 2024 | May 11, 2020 |
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Dec 3, 2024 to Oct 15, 2026 (1.9 years).
OAKM 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 1.9 years both funds cover.
OAKM vs SIXH Performance
Oakmark US Large Cap ETF (OAKM) is an ETF from Oakmark Funds and ETC 6 Meridian Hedged Equity Index Option ETF (SIXH) is an ETF from 6 Meridian ETF. Over the past year OAKM returned +16.37% while SIXH returned +18.66%. Year to date, OAKM is up 7.98% versus a gain of 15.48% for SIXH.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OAKM has been the more volatile fund, with annualized monthly volatility of 12.4% compared with 7.6% 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 -15.2% for OAKM 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 0.35. They move together some of the time, and apart the rest.
Fees and Cost Over Time
OAKM charges 0.59% per year while SIXH charges 0.73%. On a $10,000 position that is $59 vs $73 annually, a gap of $14 per year that compounds over a long holding period. On income, OAKM currently yields 0.65% against 1.78% for SIXH.
Holdings Overlap
18.0% of OAKM's money is in holdings SIXH also owns. 12.6% of SIXH's money is in holdings OAKM also owns.
OAKM and SIXH share little of their money.
8 positions in common, counted across the 39 positions we hold weights for in OAKM and 52 in SIXH, against full books of 41 and 106.
What only one of them owns
Our book lists 44 positions for SIXH that do not appear in our book for OAKM (88.0% of the fund), and 28 for OAKM that do not appear in SIXH (74.9%).
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 OAKM | Weight in SIXH | Difference |
|---|---|---|---|
| COPConocophillips Common Stock USD 0.01 | 3.04% | 2.44% | 0.60% |
| MRKMerck & Company Inc | 3.49% | 1.25% | 2.24% |
| GMGeneral Motors Co | 2.14% | 2.38% | 0.24% |
| COFCapital One Financial Corp. | 3.26% | 1.18% | 2.08% |
| METAMeta Platforms Inc | 2.43% | 1.62% | 0.81% |
| WFCWells Fargo & Co. | 1.97% | 1.20% | 0.77% |
| AMZNAmazon.Com Inc | 1.61% | 1.26% | 0.35% |
| GOOGLAlphabet Inc | 0.09% | 1.30% | 1.21% |
You are not choosing between two funds in isolation.
Whichever of OAKM 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, OAKM or SIXH?
OAKM has an expense ratio of 0.59% while SIXH charges 0.73%. OAKM is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, OAKM or SIXH?
Over the past year OAKM returned +16.37% vs +18.66% for SIXH, so SIXH leads on 1-year performance. Over the longest common window we track (2 years), OAKM annualized +12.79% vs +11.44% for SIXH. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OAKM or SIXH?
OAKM has been the more volatile fund at 12.4% annualized versus 7.6% for SIXH. Worst drawdown: OAKM -15.2% vs SIXH -9.1%.
Should I hold both OAKM and SIXH?
OAKM and SIXH have a monthly-return correlation of 0.35, 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 OAKM and SIXH?
18.0% of OAKM's money is in holdings SIXH also owns. 12.6% of SIXH's is in holdings OAKM also owns. They hold 8 positions in common, counted across the 39 positions we hold weights for in OAKM and 52 in SIXH.
Which pays a higher dividend, OAKM or SIXH?
OAKM yields 0.65% while SIXH yields 1.78%, so SIXH currently pays the higher dividend yield.
Is SIXH better than OAKM?
OAKM has a lower expense ratio. OAKM led over the full window, SIXH over 1Y. SIXH is less concentrated, with 33.6% of the fund in its ten largest positions against 35.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.