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.
Key characteristics
| LSAT | SIXH | |
|---|---|---|
| YTD Return | 22.76% | 13.94% |
| 1Y Return | 33.75% | 15.71% |
| 3Y Return (Ann) | 7.06% | 9.30% |
| Sharpe Ratio | 2.56 | 2.69 |
| Sortino Ratio | 3.60 | 3.92 |
| Omega Ratio | 1.44 | 1.54 |
| Calmar Ratio | 3.01 | 6.73 |
| Martin Ratio | 15.51 | 22.74 |
| Ulcer Index | 2.14% | 0.70% |
| Daily Std Dev | 12.99% | 5.90% |
| Max Drawdown | -20.48% | -11.68% |
| Current Drawdown | -0.77% | -0.76% |
Correlation
The correlation between LSAT and SIXH is 0.52, 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.
Performance
LSAT vs. SIXH - Performance Comparison
In the year-to-date period, LSAT achieves a 22.76% return, which is significantly higher than SIXH's 13.94% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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 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.
Dividends
LSAT vs. SIXH - Dividend Comparison
LSAT's dividend yield for the trailing twelve months is around 1.51%, which matches SIXH's 1.52% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
LSAT Leadershares Alphafactor Tactical Focused ETF | 1.51% | 1.85% | 0.36% | 3.44% | 0.31% |
SIXH 6 Meridian Hedged Equity-Index Option Strategy ETF | 1.52% | 2.04% | 2.07% | 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. For additional features, visit the drawdowns tool.
Volatility
LSAT vs. SIXH - Volatility Comparison
Leadershares Alphafactor Tactical Focused ETF (LSAT) has a higher volatility of 3.98% compared to 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) at 1.63%. This indicates that LSAT'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.