JHDG vs. SIXH
JHDG (John Hancock Hedged Equity ETF) and SIXH (6 Meridian Hedged Equity-Index Option Strategy ETF) are both Equity Hedged funds. Both are actively managed. Their -0.16 correlation means they have often moved in opposite directions in the past. JHDG charges 0.49%/yr vs 0.87%/yr for SIXH.
Performance
JHDG vs. SIXH - Performance Comparison
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Returns By Period
JHDG
- 1D
- -0.31%
- 1M
- -0.79%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
SIXH
- 1D
- 0.37%
- 1M
- 2.16%
- 6M
- 10.08%
- YTD
- 13.05%
- 1Y
- 15.76%
- 3Y*
- 13.70%
- 5Y*
- 9.90%
- 10Y*
- —
- ALL TIME*
- 11.46%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.11M | $1.05M | $1.10M | |
| $418.51K | $546.51K | $396.88K |
JHDG vs. SIXH - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
JHDG John Hancock Hedged Equity ETF | 5.74% |
SIXH 6 Meridian Hedged Equity-Index Option Strategy ETF | 5.15% |
Correlation
The correlation between JHDG and SIXH is -0.16, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Apr 8, 2026 | -0.16 |
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Return for Risk
JHDG vs. SIXH — Risk / Return Rank
JHDG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SIXH
JHDG vs. SIXH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Hedged Equity ETF (JHDG) 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.
| JHDG | SIXH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.36 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.63 | — |
| Martin ratioReturn relative to average drawdown | — | 9.25 | — |
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Drawdowns
JHDG vs. SIXH - Drawdown Comparison
The maximum JHDG drawdown since its inception was -2.61%, smaller than the maximum SIXH drawdown of -11.68%. Use the drawdown chart below to compare losses from any high point for JHDG and SIXH.
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Drawdown Indicators
| JHDG | SIXH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.61% | -11.68% | +9.07% |
Max Drawdown (1Y)Largest decline over 1 year | — | -4.36% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -9.10% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -11.68% | — |
Current DrawdownCurrent decline from peak | -2.17% | 0.00% | -2.17% |
Average DrawdownAverage peak-to-trough decline | -0.66% | -1.82% | +1.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.71% | — |
Volatility
JHDG vs. SIXH - Volatility Comparison
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Volatility by Period
| JHDG | SIXH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.23% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 6.26% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 10.16% | 7.86% | +2.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.16% | 10.39% | -0.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.16% | 10.09% | +0.07% |
JHDG vs. SIXH - Expense Ratio Comparison
JHDG has a 0.49% expense ratio, which is lower than SIXH's 0.87% expense ratio.
Dividends
JHDG vs. SIXH - Dividend Comparison
JHDG's dividend yield for the trailing twelve months is around 0.10%, less than SIXH's 1.82% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
JHDG John Hancock Hedged Equity ETF | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SIXH 6 Meridian Hedged Equity-Index Option Strategy ETF | 1.82% | 2.23% | 1.55% | 2.04% | 2.06% | 1.65% | 1.10% |
Frequently Asked Questions
JHDG and SIXH have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JHDG is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JHDG is cheaper with a 0.49% expense ratio, compared with 0.87% for SIXH.
SIXH has the higher dividend yield at 1.82%, compared with 0.10% for JHDG.
They also come from different issuers: John Hancock and Exchange Traded Concepts. Their fees differ too: 0.49% for JHDG and 0.87% for SIXH.
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