SIXA vs SSPY
ETC 6 Meridian Mega Cap Equity ETF vs Stratified LargeCap Index ETF
Which is better, SIXA or SSPY?
SIXA has been ahead.
SSPY has a lower expense ratio. SIXA led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92. SSPY is less concentrated, with 8.9% 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 | SSPY |
|---|---|---|
| Expense Ratio | 0.47% | 0.45%Best |
| AUM | $540M | $129M |
| Dividend Yield | 1.96% | 1.25% |
| Holdings | 150 | 1,013 |
| YTD Return | +16.78%Best | +12.63% |
| 1Y Return | +19.27%Best | +15.52% |
| 3Y Return (annualized) | +21.22%Best | +15.71% |
| 5Y Return (annualized) | +12.90%Best | +8.93% |
| Volatility (annualized) | 12.6%Best | 15.1% |
| Max Drawdown | -18.4%Best | -19.6% |
| $10,000 over 5 years | $18,343Best | $15,337 |
| Top 10 Weight | 34.8% | 8.9%Best |
| Fund Family | 6 Meridian ETF | Syntax Stratified |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | May 11, 2020 | Jan 2, 2019 |
Volatility and max drawdown are measured over the window both funds cover: May 11, 2020 to Oct 14, 2026 (6.4 years).
SIXA vs SSPY 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 SSPY Performance
ETC 6 Meridian Mega Cap Equity ETF (SIXA) is an ETF from 6 Meridian ETF and Stratified LargeCap Index ETF (SSPY) is an ETF from Syntax Stratified. Over the past year SIXA returned +19.27% while SSPY returned +15.52%. Year to date, SIXA is up 16.78% versus a gain of 12.63% for SSPY.
Over three years, SIXA compounded at +21.22% per year against +15.71% for SSPY; over five years the annualized figures are +12.90% and +8.93% respectively. Across the full 6-year window we track, SIXA has the edge at +15.46% annualized vs +15.14%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SSPY has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 12.6% 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 -18.4% for SIXA and -19.6% for SSPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
SIXA charges 0.47% per year while SSPY charges 0.45%. On a $10,000 position that is $47 vs $45 annually, a gap of $2 per year that compounds over a long holding period. On income, SIXA currently yields 1.96% against 1.25% for SSPY.
Holdings Overlap
97.3% of SIXA's money is in holdings SSPY also owns. 13.9% of SSPY's money is in holdings SIXA also owns.
Most of SIXA is already inside SSPY. Owning both mostly buys the same companies twice.
47 positions in common, counted across the 50 positions we hold weights for in SIXA and 504 in SSPY, against full books of 150 and 1,013.
What only one of them owns
Our book lists 449 positions for SSPY that do not appear in our book for SIXA (84.4% of the fund), and 3 for SIXA that do not appear in SSPY (2.7%).
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 SSPY | Difference |
|---|---|---|---|
| MOAltria Group Inc | 5.18% | 0.36% | 4.82% |
| TAT&T Inc. | 3.81% | 0.28% | 3.53% |
| BMYBristol-Myers Squibb Co. | 3.74% | 0.30% | 3.44% |
| VZVerizon Communic | 3.73% | 0.27% | 3.46% |
| PEPPepsico Inc. | 3.67% | 0.24% | 3.43% |
| WMTWalmart, Inc. | 2.67% | 0.68% | 1.99% |
| COSTCostco Wholesale Corp. | 2.63% | 0.70% | 1.93% |
| LRCXLam Research Corp | 3.16% | 0.14% | 3.02% |
| QCOMQualcomm Inc. | 3.01% | 0.29% | 2.72% |
| MUMicron Technology, Inc. | 3.13% | 0.11% | 3.02% |
97.3% of SIXA is already inside SSPY.
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 SSPY?
SIXA has an expense ratio of 0.47% while SSPY charges 0.45%. SSPY is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, SIXA or SSPY?
Over the past year SIXA returned +19.27% vs +15.52% for SSPY, so SIXA leads on 1-year performance. Over the longest common window we track (6 years), SIXA annualized +15.46% vs +15.14% for SSPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SIXA or SSPY?
SSPY has been the more volatile fund at 15.1% annualized versus 12.6% for SIXA. Worst drawdown: SIXA -18.4% vs SSPY -19.6%.
Should I hold both SIXA and SSPY?
SIXA and SSPY have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between SIXA and SSPY?
97.3% of SIXA's money is in holdings SSPY also owns. 13.9% of SSPY's is in holdings SIXA also owns. They hold 47 positions in common, counted across the 50 positions we hold weights for in SIXA and 504 in SSPY.
Which pays a higher dividend, SIXA or SSPY?
SIXA yields 1.96% while SSPY yields 1.25%, so SIXA currently pays the higher dividend yield.
Is SSPY better than SIXA?
SSPY has a lower expense ratio. SIXA led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92. SSPY is less concentrated, with 8.9% 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.