6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH)

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The chart shows the growth of an initial investment of $10,000 in 6 Meridian Hedged Equity-Index Option Strategy ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) has returned 7.67% so far this year and 9.49% over the past 12 months.

Based on dividend-adjusted daily data since May 11, 2020, SIXH's average daily return is +0.04%, while the average monthly return is +0.91%. At this rate, your investment would double in approximately 6.4 years.

Historically, 65% of months were positive and 35% were negative. The best month was Oct 2022 with a return of +11.0%, while the worst month was Jun 2022 at -7.3%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, SIXH closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +4.6%, while the worst single day was Apr 4, 2025 at -5.3%.

6 Meridian Hedged Equity-Index Option Strategy ETF has an annualized alpha of 5.71%, beta of 0.36, and R² of 0.38 versus S&P 500 Index. Calculated based on daily prices since May 12, 2020.

• This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (40.96%) than losses (24.31%) — typical of diversified or defensive assets.
• Beta of 0.36 may look defensive, but with R² of 0.38 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.38 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

SIXH has an expense ratio of 0.87%, placing it in the medium range.

SIXH ranks 47 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) and compare them to a chosen benchmark (S&P 500 Index).

6 Meridian Hedged Equity-Index Option Strategy ETF provided a 1.84% dividend yield over the last twelve months, with an annual payout of $0.78 per share.

The table displays the monthly dividend distributions for 6 Meridian Hedged Equity-Index Option Strategy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the 6 Meridian Hedged Equity-Index Option Strategy ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the 6 Meridian Hedged Equity-Index Option Strategy ETF was 11.68%, occurring on Sep 30, 2022. Recovery took 34 trading sessions.

The current 6 Meridian Hedged Equity-Index Option Strategy ETF drawdown is 1.99%.

The chart below shows the rolling one-month volatility.