SCHV vs SIXH
Schwab US Large-Cap Value ETF vs ETC 6 Meridian Hedged Equity Index Option ETF
Which is better, SCHV or SIXH?
SCHV has been ahead.
SCHV has a lower expense ratio. SCHV led over 1Y, 3Y, 5Y and the full window. SCHV is less concentrated, with 20.0% 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 | SCHV | SIXH |
|---|---|---|
| Expense Ratio | 0.04%Best | 0.73% |
| AUM | $15.4B | $605M |
| Dividend Yield | 1.88% | 1.78% |
| Holdings | 560 | 106 |
| YTD Return | +15.04%Best | +14.72% |
| 1Y Return | +19.24%Best | +17.59% |
| 3Y Return (annualized) | +19.07%Best | +13.16% |
| 5Y Return (annualized) | +10.35%Best | +9.95% |
| Volatility (annualized) | 14.7% | 9.1%Best |
| Max Drawdown | -19.8% | -11.7%Best |
| $10,000 over 5 years | $16,363Best | $16,069 |
| Top 10 Weight | 20.0%Best | 33.6% |
| Fund Family | Charles Schwab Asset Management | 6 Meridian ETF |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Dec 11, 2009 | 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).
SCHV 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.
SCHV vs SIXH Performance
Schwab US Large-Cap Value ETF (SCHV) is an ETF from Charles Schwab Asset Management and ETC 6 Meridian Hedged Equity Index Option ETF (SIXH) is an ETF from 6 Meridian ETF. Over the past year SCHV returned +19.24% while SIXH returned +17.59%. Year to date, SCHV is up 15.04% versus a gain of 14.72% for SIXH.
Over three years, SCHV compounded at +19.07% per year against +13.16% for SIXH; over five years the annualized figures are +10.35% and +9.95% respectively. Across the full 6-year window we track, SCHV has the edge at +14.55% annualized vs +10.89%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHV has been the more volatile fund, with annualized monthly volatility of 14.7% 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 -19.8% for SCHV 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHV charges 0.04% per year while SIXH charges 0.73%. On a $10,000 position that is $4 vs $73 annually, a gap of $69 per year that compounds over a long holding period. On income, SCHV currently yields 1.88% against 1.78% for SIXH.
Holdings Overlap
28.9% of SCHV's money is in holdings SIXH also owns. 71.6% of SIXH's money is in holdings SCHV also owns.
Most of SIXH is already inside SCHV. Owning both mostly buys the same companies twice.
35 positions in common, counted across the 567 positions we hold weights for in SCHV and 52 in SIXH, against full books of 560 and 106.
What only one of them owns
Our book lists 17 positions for SIXH that do not appear in our book for SCHV (29.1% of the fund), and 521 for SCHV that do not appear in SIXH (70.3%).
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 SCHV | Weight in SIXH | Difference |
|---|---|---|---|
| MOAltria Group Inc | 0.38% | 4.93% | 4.55% |
| JNJJohnson & Johnson - Common | 2.09% | 2.50% | 0.41% |
| LRCXLrcx Uw Equity | 1.47% | 3.01% | 1.54% |
| VZVerizon Communic | 0.65% | 3.55% | 2.90% |
| JPMJpmorgan Chase | 2.99% | 1.20% | 1.79% |
| TAT&T Inc. | 0.56% | 3.63% | 3.07% |
| WMTWalmart, Inc. | 1.57% | 2.55% | 0.98% |
| PEPPepsico Inc. | 0.58% | 3.50% | 2.92% |
| BMYBristol-Myers Squibb Co. | 0.42% | 3.56% | 3.14% |
| XOMExxonmobil Corp. | 2.28% | 1.30% | 0.98% |
71.6% of SIXH is already inside SCHV.
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, SCHV or SIXH?
SCHV has an expense ratio of 0.04% while SIXH charges 0.73%. SCHV is the cheaper option, by $69 a year on a $10,000 investment.
Which performed better, SCHV or SIXH?
Over the past year SCHV returned +19.24% vs +17.59% for SIXH, so SCHV leads on 1-year performance. Over the longest common window we track (6 years), SCHV annualized +14.55% vs +10.89% for SIXH. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHV or SIXH?
SCHV has been the more volatile fund at 14.7% annualized versus 9.1% for SIXH. Worst drawdown: SCHV -19.8% vs SIXH -11.7%.
Should I hold both SCHV and SIXH?
SCHV and SIXH have a monthly-return correlation of 0.73, 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 SCHV and SIXH?
71.6% of SIXH's money is in holdings SCHV also owns. 71.6% of SIXH's is in holdings SCHV also owns. They hold 35 positions in common, counted across the 567 positions we hold weights for in SCHV and 52 in SIXH.
Which pays a higher dividend, SCHV or SIXH?
SCHV yields 1.88% while SIXH yields 1.78%, so SCHV currently pays the higher dividend yield.
Is SIXH better than SCHV?
SCHV has a lower expense ratio. SCHV led over 1Y, 3Y, 5Y and the full window. SCHV is less concentrated, with 20.0% 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.