GSLC vs. SIXA

Last updated Jul 14, 2026

GSLC (Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF) and SIXA (6 Meridian Mega Cap Equity ETF) are both Large Cap Blend Equities funds. GSLC is passively managed, while SIXA is actively managed. Over the past 5 years, GSLC returned 11.75%/yr vs 12.64%/yr for SIXA. Their correlation of 0.81 suggests significant overlap in exposure. GSLC charges 0.09%/yr vs 0.86%/yr for SIXA.

Performance

GSLC vs. SIXA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC) 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, GSLC achieves a 8.45% return, which is significantly lower than SIXA's 14.32% return.

GSLC

• 1D: -0.64%
• 1M: 1.46%
• 6M: 6.53%
• YTD: 8.45%
• 1Y: 18.04%
• 3Y*: 18.75%
• 5Y*: 11.75%
• 10Y*: 14.25%

SIXA

• 1D: 0.04%
• 1M: 0.47%
• 6M: 12.53%
• YTD: 14.32%
• 1Y: 19.31%
• 3Y*: 20.25%
• 5Y*: 12.64%
• 10Y*: —

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

GSLC vs. SIXA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF	8.45%	16.17%	24.21%	25.09%	-18.71%	27.17%	29.27%
SIXA 6 Meridian Mega Cap Equity ETF	14.32%	15.52%	22.70%	11.98%	-5.72%	23.87%	19.04%

Correlation

The correlation between GSLC 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	0.74
Correlation (5Y) Calculated over the trailing 5-year period	0.80
Correlation (All Time) Calculated using the full available price history since May 11, 2020	0.81

Over the past year, the correlation between GSLC and SIXA has dropped to 0.56 - well below their long-term average of 0.81, suggesting their price drivers have been diverging.

GSLC vs. SIXA - Sectors Allocation Comparison

Sectors	GSLC	SIXA
Technology	37.3%	19.2%
Financial Services	11.2%	7.7%
Consumer Cyclical	10.3%	3.9%
Communication Services	9.8%	13.9%
Healthcare	9.2%	14.5%
Industrials	8.5%	6.5%
Consumer Defensive	5.5%	23.2%
Energy	3.0%	4.8%
Utilities	2.5%	5.0%
Basic Materials	1.4%	-
Real Estate	1.2%	1.3%

Return for Risk

GSLC vs. SIXA — Risk / Return Rank

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

GSLC

GSLC Risk / Return Rank: 54
GSLC Sharpe Ratio Rank: 55
GSLC Sortino Ratio Rank: 53
GSLC Omega Ratio Rank: 54
GSLC Calmar Ratio Rank: 48
GSLC Martin Ratio Rank: 59

SIXA

SIXA Risk / Return Rank: 85
SIXA Sharpe Ratio Rank: 86
SIXA Sortino Ratio Rank: 89
SIXA Omega Ratio Rank: 82
SIXA Calmar Ratio Rank: 82
SIXA Martin Ratio Rank: 84

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.

GSLC vs. SIXA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC) 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.

	GSLC	SIXA	Difference
Sharpe ratio: Return per unit of total volatility	1.48	2.19	-0.71
Sortino ratio: Return per unit of downside risk	2.06	3.28	-1.22
Omega ratio: Gain probability vs. loss probability	1.27	1.39	-0.12
Calmar ratio: Return relative to maximum drawdown	1.91	3.47	-1.56
Martin ratio: Return relative to average drawdown	8.12	13.15	-5.03

GSLC vs. SIXA - Sharpe Ratio Comparison

The current GSLC Sharpe Ratio is 1.48, which is lower than the SIXA Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of GSLC 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

GSLC vs. SIXA - Drawdown Comparison

The maximum GSLC drawdown since its inception was -33.69%, which is greater than SIXA's maximum drawdown of -18.38%. Use the drawdown chart below to compare losses from any high point for GSLC and SIXA.

Drawdown Indicators

	GSLC	SIXA	Difference
Max Drawdown Largest peak-to-trough decline	-33.69%	-18.38%	-15.31%
Max Drawdown (1Y) Largest decline over 1 year	-9.49%	-5.59%	-3.90%
Max Drawdown (3Y) Largest decline over 3 years	-18.66%	-11.22%	-7.44%
Max Drawdown (5Y) Largest decline over 5 years	-24.90%	-18.38%	-6.52%
Max Drawdown (10Y) Largest decline over 10 years	-33.69%	—	—
Current Drawdown Current decline from peak	-0.71%	0.00%	-0.71%
Average Drawdown Average peak-to-trough decline	-4.37%	-2.96%	-1.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.23%	1.47%	+0.76%

Volatility

GSLC vs. SIXA - Volatility Comparison

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC) has a higher volatility of 3.67% compared to 6 Meridian Mega Cap Equity ETF (SIXA) at 2.46%. This indicates that GSLC'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

	GSLC	SIXA	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.67%	2.46%	+1.21%
Volatility (6M) Calculated over the trailing 6-month period	9.69%	6.89%	+2.80%
Volatility (1Y) Calculated over the trailing 1-year period	12.26%	8.87%	+3.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.71%	12.78%	+3.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.67%	13.28%	+4.39%

GSLC vs. SIXA - Expense Ratio Comparison

GSLC has a 0.09% expense ratio, which is lower than SIXA's 0.86% expense ratio.

Dividends

GSLC vs. SIXA - Dividend Comparison

GSLC's dividend yield for the trailing twelve months is around 0.94%, less than SIXA's 2.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF	0.94%	1.00%	1.11%	1.38%	1.61%	1.06%	1.35%	1.54%	1.89%	1.69%	1.69%	0.36%
SIXA 6 Meridian Mega Cap Equity ETF	2.00%	2.31%	1.62%	2.12%	2.23%	1.63%	1.13%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GSLC and SIXA in my portfolio?

GSLC 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, GSLC or SIXA?

GSLC has higher volatility (3.67%) compared to SIXA (2.46%). In terms of maximum drawdown, GSLC dropped -33.69% vs SIXA's -18.38%.

Which ETF is better, GSLC or SIXA?

On 5-year performance, SIXA leads with 12.64% vs 11.75% for GSLC. On fees, GSLC is cheaper at 0.09% per year. On volatility, SIXA has been the lower-risk option at 2.46%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GSLC or SIXA?

Over the 5-year period, SIXA has performed better with a 12.64% return vs 11.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GSLC or SIXA?

GSLC is cheaper with a 0.09% expense ratio, compared with 0.86% for SIXA.

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

SIXA has the higher dividend yield at 2.00%, compared with 0.94% for GSLC.

What is the main difference between GSLC and SIXA?

They also come from different issuers: Goldman Sachs and Exchange Traded Concepts. Their fees differ too: 0.09% for GSLC and 0.86% for SIXA.

Which has better risk-adjusted returns?

SIXA currently has the higher Sharpe Ratio (2.19 vs 1.48), 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.