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

ETF Info

ISIN

US3015056654

CUSIP

301505665

Issuer

Exchange Traded Concepts

Inception Date

May 11, 2020

Region

North America (U.S.)

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Multi-Asset

Asset Class Size

Large-Cap

Asset Class Style

Blend

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
SIXH vs. POCT SIXH vs. SPY SIXH vs. QQQ SIXH vs. JEPQ SIXH vs. LSAT SIXH vs. DBMF SIXH vs. FTHI SIXH vs. ACIO SIXH vs. VOO SIXH vs. IYH
Popular comparisons:
SIXH vs. POCT SIXH vs. SPY SIXH vs. QQQ SIXH vs. JEPQ SIXH vs. LSAT SIXH vs. DBMF SIXH vs. FTHI SIXH vs. ACIO SIXH vs. VOO SIXH vs. IYH

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.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
6.17%
11.03%
SIXH (6 Meridian Hedged Equity-Index Option Strategy ETF)
Benchmark (^GSPC)

Returns By Period

6 Meridian Hedged Equity-Index Option Strategy ETF had a return of 14.90% year-to-date (YTD) and 16.67% in the last 12 months.


SIXH

YTD

14.90%

1M

0.13%

6M

6.17%

1Y

16.67%

5Y (annualized)

N/A

10Y (annualized)

N/A

^GSPC (Benchmark)

YTD

23.56%

1M

0.49%

6M

11.03%

1Y

30.56%

5Y (annualized)

13.70%

10Y (annualized)

11.10%

Monthly Returns

The table below presents the monthly returns of SIXH, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20243.09%1.45%2.55%-0.28%1.64%-0.84%1.76%2.46%0.54%0.88%14.90%
20230.74%-2.48%-1.21%2.22%-1.59%0.34%1.45%1.39%-0.09%-0.69%3.60%1.32%4.93%
2022-0.74%-1.76%2.26%-0.74%3.17%-7.25%2.30%-0.92%-4.36%11.02%4.59%0.28%6.90%
20210.59%0.56%6.42%0.57%4.13%0.75%1.07%2.62%-4.13%1.84%-1.99%5.01%18.37%
20200.16%0.54%0.40%0.88%1.14%-2.00%4.26%0.42%5.83%

Expense Ratio

SIXH features an expense ratio of 0.87%, falling within the medium range.


Expense ratio chart for SIXH: current value at 0.87% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.87%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of SIXH is 93, placing it in the top 7% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of SIXH is 9393
Combined Rank
The Sharpe Ratio Rank of SIXH is 9191
Sharpe Ratio Rank
The Sortino Ratio Rank of SIXH is 9292
Sortino Ratio Rank
The Omega Ratio Rank of SIXH is 9292
Omega Ratio Rank
The Calmar Ratio Rank of SIXH is 9797
Calmar Ratio Rank
The Martin Ratio Rank of SIXH is 9494
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for SIXH, currently valued at 2.88, compared to the broader market0.002.004.002.882.51
The chart of Sortino ratio for SIXH, currently valued at 4.18, compared to the broader market-2.000.002.004.006.008.0010.004.183.36
The chart of Omega ratio for SIXH, currently valued at 1.59, compared to the broader market0.501.001.502.002.503.001.591.47
The chart of Calmar ratio for SIXH, currently valued at 7.21, compared to the broader market0.005.0010.0015.007.213.62
The chart of Martin ratio for SIXH, currently valued at 24.29, compared to the broader market0.0020.0040.0060.0080.00100.0024.2916.12
SIXH
^GSPC

The current 6 Meridian Hedged Equity-Index Option Strategy ETF Sharpe ratio is 2.88. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of 6 Meridian Hedged Equity-Index Option Strategy ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.88
2.51
SIXH (6 Meridian Hedged Equity-Index Option Strategy ETF)
Benchmark (^GSPC)

Dividends

Dividend History

6 Meridian Hedged Equity-Index Option Strategy ETF provided a 1.51% dividend yield over the last twelve months, with an annual payout of $0.57 per share. The fund has been increasing its distributions for 3 consecutive years.


1.20%1.40%1.60%1.80%2.00%$0.00$0.10$0.20$0.30$0.40$0.50$0.60$0.702020202120222023
Dividends
Dividend Yield
PeriodTTM2023202220212020
Dividend$0.57$0.68$0.67$0.51$0.29

Dividend yield

1.51%2.04%2.07%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.04$0.03$0.08$0.03$0.04$0.06$0.04$0.03$0.07$0.05$0.00$0.46
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$0.68
2022$0.01$0.03$0.08$0.03$0.07$0.06$0.06$0.06$0.07$0.05$0.07$0.08$0.67
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$0.51
2020$0.05$0.05$0.05$0.02$0.04$0.04$0.06$0.29

Drawdowns

Drawdowns Chart

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.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember0
-1.80%
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, 2023123Sep 14, 2023171
-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 1.60%, 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%6.00%JuneJulyAugustSeptemberOctoberNovember
1.60%
4.06%
SIXH (6 Meridian Hedged Equity-Index Option Strategy ETF)
Benchmark (^GSPC)