6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH)
SIXH is an actively managed ETF by Exchange Traded Concepts. SIXH launched on May 11, 2020 and has a 0.87% expense ratio.
ETF Info
ISIN | US3015056654 |
---|---|
CUSIP | 301505665 |
Issuer | Exchange Traded Concepts |
Inception Date | May 11, 2020 |
Region | North America (U.S.) |
Category | Actively Managed, Volatility Hedged Equity |
Index Tracked | No Index (Active) |
Home Page | www.6meridianfunds.com |
Asset Class | Multi-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.
Share Price Chart
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Compare to other instruments
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.
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.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 7.14% | 10.04% |
1 month | 2.17% | 3.53% |
6 months | 11.92% | 22.79% |
1 year | 15.55% | 32.16% |
5 years (annualized) | N/A | 13.15% |
10 years (annualized) | N/A | 10.96% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 3.09% | 1.45% | ||||||||||
2023 | 1.39% | -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 ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
6 Meridian Hedged Equity-Index Option Strategy ETF | 2.52 | ||||
S&P 500 | 2.76 |
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.
Period | TTM | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
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.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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.
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, 2022 | 113 | Sep 30, 2022 | 34 | Nov 17, 2022 | 147 |
-6.71% | Jan 9, 2023 | 48 | Mar 17, 2023 | 124 | Sep 14, 2023 | 172 |
-6.55% | Jan 18, 2022 | 27 | Feb 24, 2022 | 31 | Apr 8, 2022 | 58 |
-5.15% | Aug 17, 2021 | 24 | Sep 20, 2021 | 70 | Dec 29, 2021 | 94 |
-4.21% | Sep 15, 2023 | 31 | Oct 27, 2023 | 4 | Nov 2, 2023 | 35 |
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.