Correlation
The correlation between LSAT and SIXH is 0.49, 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.
LSAT vs. SIXH
Compare and contrast key facts about Leadershares Alphafactor Tactical Focused ETF (LSAT) and 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH).
LSAT and SIXH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LSAT is an actively managed fund by Redwood Investment Management. It was launched on Oct 27, 2020. SIXH is an actively managed fund by Exchange Traded Concepts. It was launched on May 11, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LSAT or SIXH.
Performance
LSAT vs. SIXH - Performance Comparison
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Key characteristics
LSAT:
0.40
SIXH:
0.90
LSAT:
0.64
SIXH:
1.31
LSAT:
1.09
SIXH:
1.20
LSAT:
0.35
SIXH:
1.17
LSAT:
1.14
SIXH:
5.17
LSAT:
5.67%
SIXH:
2.06%
LSAT:
17.64%
SIXH:
11.75%
LSAT:
-20.48%
SIXH:
-11.68%
LSAT:
-8.03%
SIXH:
-1.89%
Returns By Period
In the year-to-date period, LSAT achieves a -1.50% return, which is significantly lower than SIXH's 5.95% return.
LSAT
-1.50%
2.05%
-7.78%
5.45%
7.00%
N/A
N/A
SIXH
5.95%
-0.41%
2.40%
9.22%
9.26%
10.75%
N/A
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LSAT vs. SIXH - Expense Ratio Comparison
LSAT has a 0.99% expense ratio, which is higher than SIXH's 0.87% expense ratio.
Risk-Adjusted Performance
LSAT vs. SIXH — Risk-Adjusted Performance Rank
LSAT
SIXH
LSAT vs. SIXH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Leadershares Alphafactor Tactical Focused ETF (LSAT) 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.
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Dividends
LSAT vs. SIXH - Dividend Comparison
LSAT's dividend yield for the trailing twelve months is around 1.33%, less than SIXH's 1.83% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
LSAT Leadershares Alphafactor Tactical Focused ETF | 1.33% | 1.31% | 1.85% | 0.36% | 3.44% | 0.31% |
SIXH 6 Meridian Hedged Equity-Index Option Strategy ETF | 1.83% | 1.55% | 2.04% | 2.06% | 1.65% | 1.10% |
Drawdowns
LSAT vs. SIXH - Drawdown Comparison
The maximum LSAT drawdown since its inception was -20.48%, which is greater than SIXH's maximum drawdown of -11.68%. Use the drawdown chart below to compare losses from any high point for LSAT and SIXH.
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Volatility
LSAT vs. SIXH - Volatility Comparison
The current volatility for Leadershares Alphafactor Tactical Focused ETF (LSAT) is 3.07%, while 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) has a volatility of 3.43%. This indicates that LSAT experiences smaller price fluctuations and is considered to be less risky than SIXH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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