SIXH vs XLF
ETC 6 Meridian Hedged Equity Index Option ETF vs State Street Financial Select Sector SPDR ETF
Which is better, SIXH or XLF?
Each has led over a different period.
XLF has a lower expense ratio. SIXH led over 1Y and 5Y, XLF over 3Y and the full window. SIXH is less concentrated, with 33.6% of the fund in its ten largest positions against 57.3%.
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 | SIXH | XLF |
|---|---|---|
| Expense Ratio | 0.73% | 0.08%Best |
| AUM | $605M | $51.9B |
| Dividend Yield | 1.78% | 1.40% |
| Holdings | 106 | 160 |
| YTD Return | +14.72%Best | +0.47% |
| 1Y Return | +17.59%Best | +4.02% |
| 3Y Return (annualized) | +13.16% | +19.43%Best |
| 5Y Return (annualized) | +9.95%Best | +8.82% |
| Volatility (annualized) | 9.1%Best | 18.4% |
| Max Drawdown | -11.7%Best | -25.8% |
| $10,000 over 5 years | $16,069Best | $15,260 |
| Top 10 Weight | 33.6%Best | 57.3% |
| Fund Family | 6 Meridian ETF | SPDR State Street Global Advisors |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | May 11, 2020 | Dec 16, 1998 |
Volatility and max drawdown are measured over the window both funds cover: May 11, 2020 to Oct 14, 2026 (6.4 years).
SIXH vs XLF 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.
SIXH vs XLF Performance
ETC 6 Meridian Hedged Equity Index Option ETF (SIXH) is an ETF from 6 Meridian ETF and State Street Financial Select Sector SPDR ETF (XLF) is an ETF from SPDR State Street Global Advisors. Over the past year SIXH returned +17.59% while XLF returned +4.02%. Year to date, SIXH is up 14.72% versus a gain of 0.47% for XLF.
Over three years, SIXH compounded at +13.16% per year against +19.43% for XLF; over five years the annualized figures are +9.95% and +8.82% respectively. Across the full 6-year window we track, XLF has the edge at +17.07% annualized vs +10.89%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XLF has been the more volatile fund, with annualized monthly volatility of 18.4% 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 -11.7% for SIXH and -25.8% for XLF. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.62. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SIXH charges 0.73% per year while XLF charges 0.08%. On a $10,000 position that is $73 vs $8 annually, a gap of $65 per year that compounds over a long holding period. On income, SIXH currently yields 1.78% against 1.40% for XLF.
Holdings Overlap
8.4% of SIXH's money is in holdings XLF also owns. 21.6% of XLF's money is in holdings SIXH also owns.
XLF and SIXH share little of their money.
6 positions in common, counted across the 52 positions we hold weights for in SIXH and 77 in XLF, against full books of 106 and 160.
What only one of them owns
Our book lists 70 positions for XLF that do not appear in our book for SIXH (77.9% of the fund), and 46 for SIXH that do not appear in XLF (92.3%).
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.
21.6% of XLF 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, SIXH or XLF?
SIXH has an expense ratio of 0.73% while XLF charges 0.08%. XLF is the cheaper option, by $65 a year on a $10,000 investment.
Which performed better, SIXH or XLF?
Over the past year SIXH returned +17.59% vs +4.02% for XLF, so SIXH leads on 1-year performance. Over the longest common window we track (6 years), SIXH annualized +10.89% vs +17.07% for XLF. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SIXH or XLF?
XLF has been the more volatile fund at 18.4% annualized versus 9.1% for SIXH. Worst drawdown: SIXH -11.7% vs XLF -25.8%.
Should I hold both SIXH and XLF?
SIXH and XLF have a monthly-return correlation of 0.62, 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 SIXH and XLF?
21.6% of XLF's money is in holdings SIXH also owns. 21.6% of XLF's is in holdings SIXH also owns. They hold 6 positions in common, counted across the 52 positions we hold weights for in SIXH and 77 in XLF.
Which pays a higher dividend, SIXH or XLF?
SIXH yields 1.78% while XLF yields 1.40%, so SIXH currently pays the higher dividend yield.
Is XLF better than SIXH?
XLF has a lower expense ratio. SIXH led over 1Y and 5Y, XLF over 3Y and the full window. SIXH is less concentrated, with 33.6% of the fund in its ten largest positions against 57.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.