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6 Meridian Hedged Equity-Index Option Strategy ETF...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS3015056654
CUSIP301505665
IssuerExchange Traded Concepts
Inception DateMay 11, 2020
RegionNorth America (U.S.)
CategoryActively Managed, Volatility Hedged Equity
Index TrackedNo Index (Active)
Home Pagewww.6meridianfunds.com
Asset ClassMulti-Asset

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

The 6 Meridian Hedged Equity-Index Option Strategy ETF has a high expense ratio of 0.87%, indicating higher-than-average management fees.


0.50%1.00%1.50%2.00%0.87%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds to compare with SIXH

6 Meridian Hedged Equity-Index Option Strategy ETF

Popular comparisons: SIXH vs. SPY, SIXH vs. QQQ, SIXH vs. DBMF

Performance

Performance Chart

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.


30.00%40.00%50.00%60.00%70.00%80.00%OctoberNovemberDecember2024FebruaryMarch
50.56%
79.12%
SIXH (6 Meridian Hedged Equity-Index Option Strategy ETF)
Benchmark (^GSPC)

S&P 500

Returns By Period

6 Meridian Hedged Equity-Index Option Strategy ETF had a return of 7.14% year-to-date (YTD) and 15.55% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date7.14%10.04%
1 month2.17%3.53%
6 months11.92%22.79%
1 year15.55%32.16%
5 years (annualized)N/A13.15%
10 years (annualized)N/A10.96%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20243.09%1.45%
20231.39%-0.09%-0.69%3.60%1.32%

Risk-Adjusted Performance

Risk-Adjusted Performance Indicators

This table presents risk-adjusted performance metrics for 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) and compares them with a selected benchmark (^GSPC). These performance indicators assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
SIXH
6 Meridian Hedged Equity-Index Option Strategy ETF
2.52
^GSPC
S&P 500
2.76

Sharpe Ratio

The current 6 Meridian Hedged Equity-Index Option Strategy ETF Sharpe ratio is 2.52. A Sharpe ratio higher than 2.0 is considered very good.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00OctoberNovemberDecember2024FebruaryMarch
2.52
2.76
SIXH (6 Meridian Hedged Equity-Index Option Strategy ETF)
Benchmark (^GSPC)

Dividends

Dividend History

6 Meridian Hedged Equity-Index Option Strategy ETF granted a 1.77% dividend yield in the last twelve months. The annual payout for that period amounted to $0.63 per share.


PeriodTTM2023202220212020
Dividend$0.63$0.68$0.67$0.51$0.29

Dividend yield

1.77%2.04%2.06%1.65%1.10%

Monthly Dividends

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.


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.04$0.03
2023$0.05$0.05$0.09$0.06$0.04$0.10$0.01$0.04$0.08$0.04$0.03$0.09
2022$0.01$0.03$0.08$0.03$0.07$0.05$0.06$0.06$0.07$0.05$0.07$0.08
2021$0.04$0.03$0.06$0.02$0.05$0.03$0.03$0.05$0.06$0.00$0.07$0.07
2020$0.05$0.04$0.05$0.02$0.04$0.04$0.06

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2024FebruaryMarch00
SIXH (6 Meridian Hedged Equity-Index Option Strategy ETF)
Benchmark (^GSPC)

Worst Drawdowns

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.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-11.68%Apr 21, 2022113Sep 30, 202234Nov 17, 2022147
-6.71%Jan 9, 202348Mar 17, 2023124Sep 14, 2023172
-6.55%Jan 18, 202227Feb 24, 202231Apr 8, 202258
-5.15%Aug 17, 202124Sep 20, 202170Dec 29, 202194
-4.21%Sep 15, 202331Oct 27, 20234Nov 2, 202335

Volatility

Volatility Chart

The current 6 Meridian Hedged Equity-Index Option Strategy ETF volatility is 1.22%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%OctoberNovemberDecember2024FebruaryMarch
1.22%
2.82%
SIXH (6 Meridian Hedged Equity-Index Option Strategy ETF)
Benchmark (^GSPC)