APUE vs. SIXA

Last updated Jul 15, 2026

APUE (ActivePassive U.S. Equity ETF) and SIXA (6 Meridian Mega Cap Equity ETF) are both Large Cap Blend Equities funds. Both are actively managed. Over the past 3 years, APUE returned 20.20%/yr vs 19.96%/yr for SIXA. A 0.74 correlation means they provide meaningful diversification when combined. APUE charges 0.33%/yr vs 0.86%/yr for SIXA.

Performance

APUE vs. SIXA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ActivePassive U.S. Equity ETF (APUE) and 6 Meridian Mega Cap Equity ETF (SIXA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, APUE achieves a 11.40% return, which is significantly lower than SIXA's 13.49% return.

APUE

• 1D: 0.37%
• 1M: 1.66%
• 6M: 9.28%
• YTD: 11.40%
• 1Y: 23.04%
• 3Y*: 20.20%
• 5Y*: —
• 10Y*: —

SIXA

• 1D: -0.73%
• 1M: -0.26%
• 6M: 11.49%
• YTD: 13.49%
• 1Y: 17.81%
• 3Y*: 19.96%
• 5Y*: 12.50%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

APUE vs. SIXA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
APUE ActivePassive U.S. Equity ETF	11.40%	17.49%	23.89%	17.63%
SIXA 6 Meridian Mega Cap Equity ETF	13.49%	15.52%	22.70%	11.54%

Correlation

The correlation between APUE and SIXA is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.56
Correlation (3Y) Calculated over the trailing 3-year period	0.73
Correlation (All Time) Calculated using the full available price history since May 3, 2023	0.74

The correlation between APUE and SIXA shifts across timeframes, from 0.56 (1 year) to 0.74 (all time), reflecting how their relationship changes across market environments.

APUE vs. SIXA - Sectors Allocation Comparison

Sectors	APUE	SIXA
Technology	37.6%	19.2%
Financial Services	11.4%	7.7%
Consumer Cyclical	10.3%	3.9%
Communication Services	9.9%	13.9%
Industrials	9.3%	6.5%
Healthcare	8.6%	14.5%
Consumer Defensive	4.4%	23.2%
Energy	3.1%	4.8%
Basic Materials	2.0%	-
Utilities	1.8%	5.0%
Real Estate	1.6%	1.3%

Return for Risk

APUE vs. SIXA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

APUE

APUE Risk / Return Rank: 71
APUE Sharpe Ratio Rank: 71
APUE Sortino Ratio Rank: 70
APUE Omega Ratio Rank: 70
APUE Calmar Ratio Rank: 65
APUE Martin Ratio Rank: 78

SIXA

SIXA Risk / Return Rank: 80
SIXA Sharpe Ratio Rank: 80
SIXA Sortino Ratio Rank: 85
SIXA Omega Ratio Rank: 76
SIXA Calmar Ratio Rank: 77
SIXA Martin Ratio Rank: 80

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

APUE vs. SIXA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ActivePassive U.S. Equity ETF (APUE) and 6 Meridian Mega Cap Equity ETF (SIXA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	APUE	SIXA	Difference
Sharpe ratio: Return per unit of total volatility	1.82	2.01	-0.19
Sortino ratio: Return per unit of downside risk	2.53	3.02	-0.49
Omega ratio: Gain probability vs. loss probability	1.33	1.35	-0.02
Calmar ratio: Return relative to maximum drawdown	2.58	3.20	-0.62
Martin ratio: Return relative to average drawdown	11.55	12.13	-0.58

APUE vs. SIXA - Sharpe Ratio Comparison

The current APUE Sharpe Ratio is 1.82, which is comparable to the SIXA Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of APUE and SIXA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

APUE vs. SIXA - Drawdown Comparison

The maximum APUE drawdown since its inception was -18.83%, roughly equal to the maximum SIXA drawdown of -18.38%. Use the drawdown chart below to compare losses from any high point for APUE and SIXA.

Drawdown Indicators

	APUE	SIXA	Difference
Max Drawdown Largest peak-to-trough decline	-18.83%	-18.38%	-0.45%
Max Drawdown (1Y) Largest decline over 1 year	-8.98%	-5.59%	-3.39%
Max Drawdown (3Y) Largest decline over 3 years	-18.83%	-11.22%	-7.61%
Max Drawdown (5Y) Largest decline over 5 years	—	-18.38%	—
Current Drawdown Current decline from peak	-0.32%	-0.73%	+0.41%
Average Drawdown Average peak-to-trough decline	-2.05%	-2.95%	+0.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.00%	1.47%	+0.53%

Volatility

APUE vs. SIXA - Volatility Comparison

ActivePassive U.S. Equity ETF (APUE) has a higher volatility of 3.60% compared to 6 Meridian Mega Cap Equity ETF (SIXA) at 2.35%. This indicates that APUE's price experiences larger fluctuations and is considered to be riskier than SIXA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	APUE	SIXA	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.60%	2.35%	+1.25%
Volatility (6M) Calculated over the trailing 6-month period	9.94%	6.94%	+3.00%
Volatility (1Y) Calculated over the trailing 1-year period	12.69%	8.89%	+3.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.66%	12.78%	+1.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.66%	13.28%	+1.38%

APUE vs. SIXA - Expense Ratio Comparison

APUE has a 0.33% expense ratio, which is lower than SIXA's 0.86% expense ratio.

Dividends

APUE vs. SIXA - Dividend Comparison

APUE's dividend yield for the trailing twelve months is around 0.75%, less than SIXA's 2.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
APUE ActivePassive U.S. Equity ETF	0.75%	0.83%	0.79%	0.41%	0.00%	0.00%	0.00%
SIXA 6 Meridian Mega Cap Equity ETF	2.02%	2.31%	1.62%	2.12%	2.23%	1.63%	1.13%

Frequently Asked Questions

Can I hold both APUE and SIXA in my portfolio?

APUE and SIXA have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, APUE or SIXA?

APUE has higher volatility (3.60%) compared to SIXA (2.35%). In terms of maximum drawdown, APUE dropped -18.83% vs SIXA's -18.38%.

Which ETF is better, APUE or SIXA?

On 3-year performance, APUE leads with 20.20% vs 19.96% for SIXA. On fees, APUE is cheaper at 0.33% per year. On volatility, SIXA has been the lower-risk option at 2.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, APUE or SIXA?

Over the 3-year period, APUE has performed better with a 20.20% return vs 19.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, APUE or SIXA?

APUE is cheaper with a 0.33% expense ratio, compared with 0.86% for SIXA.

Which ETF pays a higher dividend yield, APUE or SIXA?

SIXA has the higher dividend yield at 2.02%, compared with 0.75% for APUE.

What is the main difference between APUE and SIXA?

They also come from different issuers: ActivePassive and Exchange Traded Concepts. Their fees differ too: 0.33% for APUE and 0.86% for SIXA.

Which has better risk-adjusted returns?

SIXA currently has the higher Sharpe Ratio (2.01 vs 1.82), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.