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FLLV vs. SIXH
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FLLV vs. SIXH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Liberty U.S. Low Volatility ETF (FLLV) and 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH). The values are adjusted to include any dividend payments, if applicable.

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FLLV vs. SIXH - Yearly Performance Comparison


2026 (YTD)202520242023202220212020
FLLV
Franklin Liberty U.S. Low Volatility ETF
7.36%15.92%10.70%13.87%-8.54%23.36%23.01%
SIXH
6 Meridian Hedged Equity-Index Option Strategy ETF
7.67%9.47%12.06%4.93%6.90%18.37%5.83%

Returns By Period

The year-to-date returns for both investments are quite close, with FLLV having a 7.36% return and SIXH slightly higher at 7.67%.


FLLV

1D
1.23%
1M
-2.97%
YTD
7.36%
6M
11.87%
1Y
21.14%
3Y*
15.33%
5Y*
11.11%
10Y*

SIXH

1D
1.20%
1M
-1.92%
YTD
7.67%
6M
10.05%
1Y
9.49%
3Y*
12.61%
5Y*
10.22%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FLLV vs. SIXH - Expense Ratio Comparison

FLLV has a 0.29% expense ratio, which is lower than SIXH's 0.87% expense ratio.


Return for Risk

FLLV vs. SIXH — Risk / Return Rank

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

FLLV
FLLV Risk / Return Rank: 8282
Overall Rank
FLLV Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
FLLV Sortino Ratio Rank: 8383
Sortino Ratio Rank
FLLV Omega Ratio Rank: 8787
Omega Ratio Rank
FLLV Calmar Ratio Rank: 7575
Calmar Ratio Rank
FLLV Martin Ratio Rank: 8585
Martin Ratio Rank

SIXH
SIXH Risk / Return Rank: 5151
Overall Rank
SIXH Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
SIXH Sortino Ratio Rank: 4848
Sortino Ratio Rank
SIXH Omega Ratio Rank: 5353
Omega Ratio Rank
SIXH Calmar Ratio Rank: 4949
Calmar Ratio Rank
SIXH Martin Ratio Rank: 5454
Martin Ratio Rank
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.

FLLV vs. SIXH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Liberty U.S. Low Volatility ETF (FLLV) and 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH). 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.


FLLVSIXHDifference

Sharpe ratio

Return per unit of total volatility

1.55

0.87

+0.68

Sortino ratio

Return per unit of downside risk

2.17

1.27

+0.90

Omega ratio

Gain probability vs. loss probability

1.35

1.19

+0.16

Calmar ratio

Return relative to maximum drawdown

1.98

1.21

+0.77

Martin ratio

Return relative to average drawdown

9.86

5.09

+4.77

FLLV vs. SIXH - Sharpe Ratio Comparison

The current FLLV Sharpe Ratio is 1.55, which is higher than the SIXH Sharpe Ratio of 0.87. The chart below compares the historical Sharpe Ratios of FLLV and SIXH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FLLVSIXHDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.55

0.87

+0.68

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.84

0.99

-0.16

Sharpe Ratio (All Time)

Calculated using the full available price history

0.81

1.09

-0.28

Correlation

The correlation between FLLV and SIXH is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

FLLV vs. SIXH - Dividend Comparison

FLLV's dividend yield for the trailing twelve months is around 4.80%, more than SIXH's 1.84% yield.


TTM2025202420232022202120202019201820172016
FLLV
Franklin Liberty U.S. Low Volatility ETF
4.80%4.71%3.25%1.75%1.68%1.41%1.40%1.31%1.55%1.44%0.50%
SIXH
6 Meridian Hedged Equity-Index Option Strategy ETF
1.84%2.23%1.55%2.04%2.06%1.65%1.10%0.00%0.00%0.00%0.00%

Drawdowns

FLLV vs. SIXH - Drawdown Comparison

The maximum FLLV drawdown since its inception was -33.95%, which is greater than SIXH's maximum drawdown of -11.68%. Use the drawdown chart below to compare losses from any high point for FLLV and SIXH.


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Drawdown Indicators


FLLVSIXHDifference

Max Drawdown

Largest peak-to-trough decline

-33.95%

-11.68%

-22.27%

Max Drawdown (1Y)

Largest decline over 1 year

-11.10%

-8.58%

-2.52%

Max Drawdown (5Y)

Largest decline over 5 years

-18.40%

-11.68%

-6.72%

Current Drawdown

Current decline from peak

-2.97%

-1.99%

-0.98%

Average Drawdown

Average peak-to-trough decline

-3.30%

-1.84%

-1.46%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.23%

2.09%

+0.14%

Volatility

FLLV vs. SIXH - Volatility Comparison

Franklin Liberty U.S. Low Volatility ETF (FLLV) has a higher volatility of 3.23% compared to 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) at 3.04%. This indicates that FLLV's price experiences larger fluctuations and is considered to be riskier than SIXH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FLLVSIXHDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.23%

3.04%

+0.19%

Volatility (6M)

Calculated over the trailing 6-month period

6.31%

5.60%

+0.71%

Volatility (1Y)

Calculated over the trailing 1-year period

13.74%

10.99%

+2.75%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.32%

10.33%

+2.99%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.80%

10.17%

+5.63%