IVES vs. SIXH

Last updated Jun 25, 2026

IVES (Dan IVES Wedbush AI Revolution ETF) and SIXH (6 Meridian Hedged Equity-Index Option Strategy ETF) are both exchange-traded funds - IVES is a Technology Equities fund tracking the Solactive Wedbush Artificial Intelligence Index, while SIXH is a Volatility Hedged Equity fund actively managed by Exchange Traded Concepts. IVES is passively managed, while SIXH is actively managed. Over the past year, IVES returned 35.69% vs 13.13% for SIXH. At a correlation of -0.21, they often move in opposite directions. IVES charges 0.75%/yr vs 0.87%/yr for SIXH.

Performance

IVES vs. SIXH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dan IVES Wedbush AI Revolution ETF (IVES) and 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IVES achieves a 14.36% return, which is significantly higher than SIXH's 9.84% return.

IVES

• 1D: -1.36%
• 1M: -2.95%
• YTD: 14.36%
• 6M: 11.68%
• 1Y: 35.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SIXH

• 1D: -0.24%
• 1M: 1.07%
• YTD: 9.84%
• 6M: 9.57%
• 1Y: 13.13%
• 3Y*: 13.26%
• 5Y*: 9.57%
• 10Y*: —

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

IVES vs. SIXH - Yearly Performance Comparison

	2026 (YTD)	2025
IVES Dan IVES Wedbush AI Revolution ETF	14.36%	25.11%
SIXH 6 Meridian Hedged Equity-Index Option Strategy ETF	9.84%	3.19%

Correlation

The correlation between IVES and SIXH is -0.23, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.23
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025	-0.21

Return for Risk

IVES vs. SIXH — Risk / Return Rank

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

IVES

IVES Risk / Return Rank: 37
IVES Sharpe Ratio Rank: 41
IVES Sortino Ratio Rank: 38
IVES Omega Ratio Rank: 38
IVES Calmar Ratio Rank: 34
IVES Martin Ratio Rank: 32

SIXH

SIXH Risk / Return Rank: 59
SIXH Sharpe Ratio Rank: 58
SIXH Sortino Ratio Rank: 66
SIXH Omega Ratio Rank: 55
SIXH Calmar Ratio Rank: 68
SIXH Martin Ratio Rank: 50

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.

IVES vs. SIXH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dan IVES Wedbush AI Revolution ETF (IVES) 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.

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.

	IVES	SIXH	Difference
Sharpe ratio: Return per unit of total volatility	1.33	1.72	-0.39
Sortino ratio: Return per unit of downside risk	1.82	2.68	-0.86
Omega ratio: Gain probability vs. loss probability	1.23	1.30	-0.07
Calmar ratio: Return relative to maximum drawdown	1.58	3.02	-1.44
Martin ratio: Return relative to average drawdown	4.30	7.67	-3.37

IVES vs. SIXH - Sharpe Ratio Comparison

The current IVES Sharpe Ratio is 1.33, which is comparable to the SIXH Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of IVES and SIXH, 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

IVES vs. SIXH - Drawdown Comparison

The maximum IVES drawdown since its inception was -22.64%, which is greater than SIXH's maximum drawdown of -11.68%. Use the drawdown chart below to compare losses from any high point for IVES and SIXH.

Drawdown Indicators

	IVES	SIXH	Difference
Max Drawdown Largest peak-to-trough decline	-22.64%	-11.68%	-10.96%
Max Drawdown (1Y) Largest decline over 1 year	-22.64%	-4.36%	-18.28%
Max Drawdown (3Y) Largest decline over 3 years	—	-9.10%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-11.68%	—
Current Drawdown Current decline from peak	-13.37%	-0.26%	-13.11%
Average Drawdown Average peak-to-trough decline	-5.86%	-1.84%	-4.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.32%	1.72%	+6.60%

Volatility

IVES vs. SIXH - Volatility Comparison

Dan IVES Wedbush AI Revolution ETF (IVES) has a higher volatility of 11.81% compared to 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) at 2.30%. This indicates that IVES'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.

Volatility by Period

	IVES	SIXH	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.81%	2.30%	+9.51%
Volatility (6M) Calculated over the trailing 6-month period	21.22%	6.08%	+15.14%
Volatility (1Y) Calculated over the trailing 1-year period	27.13%	7.67%	+19.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.65%	10.37%	+16.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.65%	10.12%	+16.53%

IVES vs. SIXH - Expense Ratio Comparison

IVES has a 0.75% expense ratio, which is lower than SIXH's 0.87% expense ratio.

Dividends

IVES vs. SIXH - Dividend Comparison

IVES's dividend yield for the trailing twelve months is around 0.36%, less than SIXH's 1.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
IVES Dan IVES Wedbush AI Revolution ETF	0.36%	0.41%	0.00%	0.00%	0.00%	0.00%	0.00%
SIXH 6 Meridian Hedged Equity-Index Option Strategy ETF	1.85%	2.23%	1.55%	2.04%	2.06%	1.65%	1.10%

Frequently Asked Questions

Can I hold both IVES and SIXH in my portfolio?

IVES and SIXH have a correlation of -0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IVES or SIXH?

IVES has higher volatility (11.81%) compared to SIXH (2.30%). In terms of maximum drawdown, IVES dropped -22.64% vs SIXH's -11.68%.

Which ETF is better, IVES or SIXH?

On 1-year performance, IVES leads with 35.69% vs 13.13% for SIXH. On fees, IVES is cheaper at 0.75% per year. On volatility, SIXH has been the lower-risk option at 2.30%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IVES or SIXH?

Over the 1-year period, IVES has performed better with a 35.69% return vs 13.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IVES or SIXH?

IVES is cheaper with a 0.75% expense ratio, compared with 0.87% for SIXH.

Which ETF pays a higher dividend yield, IVES or SIXH?

SIXH has the higher dividend yield at 1.85%, compared with 0.36% for IVES.

What is the main difference between IVES and SIXH?

IVES is categorized as Technology Equities, while SIXH is Volatility Hedged Equity. They also come from different issuers: Wedbush and Exchange Traded Concepts. Their fees differ too: 0.75% for IVES and 0.87% for SIXH.

Which has better risk-adjusted returns?

SIXH currently has the higher Sharpe Ratio (1.72 vs 1.33), 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.