SIXA vs SIXH
ETC 6 Meridian Mega Cap Equity ETF vs ETC 6 Meridian Hedged Equity Index Option ETF
Which is better, SIXA or SIXH?
SIXA has been ahead.
SIXA has a lower expense ratio. SIXA led over 1Y, 3Y, 5Y and the full window. SIXH is less concentrated, with 33.6% 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 | SIXA | SIXH |
|---|---|---|
| Expense Ratio | 0.47%Best | 0.73% |
| AUM | $540M | $605M |
| Dividend Yield | 1.96% | 1.78% |
| Holdings | 150 | 106 |
| YTD Return | +16.78%Best | +14.72% |
| 1Y Return | +19.27%Best | +17.59% |
| 3Y Return (annualized) | +21.22%Best | +13.16% |
| 5Y Return (annualized) | +12.90%Best | +9.95% |
| Volatility (annualized) | 12.6% | 9.1%Best |
| Max Drawdown | -18.4% | -11.7%Best |
| $10,000 over 5 years | $18,343Best | $16,069 |
| Top 10 Weight | 34.8% | 33.6%Best |
| Fund Family | 6 Meridian ETF | 6 Meridian ETF |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | May 11, 2020 | 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).
SIXA 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.
SIXA vs SIXH Performance
ETC 6 Meridian Mega Cap Equity ETF (SIXA) is an ETF from 6 Meridian ETF and ETC 6 Meridian Hedged Equity Index Option ETF (SIXH) is an ETF from 6 Meridian ETF. Over the past year SIXA returned +19.27% while SIXH returned +17.59%. Year to date, SIXA is up 16.78% versus a gain of 14.72% for SIXH.
Over three years, SIXA compounded at +21.22% per year against +13.16% for SIXH; over five years the annualized figures are +12.90% and +9.95% respectively. Across the full 6-year window we track, SIXA has the edge at +15.46% annualized vs +10.89%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SIXA has been the more volatile fund, with annualized monthly volatility of 12.6% 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 -18.4% for SIXA 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SIXA charges 0.47% per year while SIXH charges 0.73%. On a $10,000 position that is $47 vs $73 annually, a gap of $26 per year that compounds over a long holding period. On income, SIXA currently yields 1.96% against 1.78% for SIXH.
Holdings Overlap
100.0% of SIXA's money is in holdings SIXH also owns. 95.5% of SIXH's money is in holdings SIXA also owns.
Most of SIXA is already inside SIXH. Owning both mostly buys the same companies twice.
50 positions in common, counted across the 50 positions we hold weights for in SIXA and 52 in SIXH, against full books of 150 and 106.
What only one of them owns
Our book lists 2 positions for SIXH that do not appear in our book for SIXA (5.1% of the fund), and 0 for SIXA that do not appear in SIXH (0.0%).
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 SIXA | Weight in SIXH | Difference |
|---|---|---|---|
| MOAltria Group Inc | 5.18% | 4.93% | 0.25% |
| TAT&T Inc. | 3.81% | 3.63% | 0.18% |
| BMYBristol-Myers Squibb Co. | 3.74% | 3.56% | 0.18% |
| VZVerizon Communic | 3.73% | 3.55% | 0.18% |
| PEPPepsico Inc. | 3.67% | 3.50% | 0.17% |
| LRCXLam Research Corp | 3.16% | 3.01% | 0.15% |
| MUMicron Technology, Inc. | 3.13% | 2.97% | 0.16% |
| QCOMQualcomm Inc. | 3.01% | 2.86% | 0.15% |
| PMPhilip Morris International Inc. | 2.69% | 2.55% | 0.14% |
| LLYEli Lilly & Co. | 2.67% | 2.55% | 0.12% |
100.0% of SIXA 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, SIXA or SIXH?
SIXA has an expense ratio of 0.47% while SIXH charges 0.73%. SIXA is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, SIXA or SIXH?
Over the past year SIXA returned +19.27% vs +17.59% for SIXH, so SIXA leads on 1-year performance. Over the longest common window we track (6 years), SIXA annualized +15.46% vs +10.89% for SIXH. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SIXA or SIXH?
SIXA has been the more volatile fund at 12.6% annualized versus 9.1% for SIXH. Worst drawdown: SIXA -18.4% vs SIXH -11.7%.
Should I hold both SIXA and SIXH?
SIXA and SIXH have a monthly-return correlation of 0.83, 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 SIXA and SIXH?
100.0% of SIXA's money is in holdings SIXH also owns. 95.5% of SIXH's is in holdings SIXA also owns. They hold 50 positions in common, counted across the 50 positions we hold weights for in SIXA and 52 in SIXH.
Which pays a higher dividend, SIXA or SIXH?
SIXA yields 1.96% while SIXH yields 1.78%, so SIXA currently pays the higher dividend yield.
Is SIXH better than SIXA?
SIXA has a lower expense ratio. SIXA led over 1Y, 3Y, 5Y and the full window. SIXH is less concentrated, with 33.6% 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.