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NEWZ vs. SIXL
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

NEWZ vs. SIXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in StockSnips AI-Powered Sentiment US All Cap ETF (NEWZ) and ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, NEWZ achieves a 7.39% return, which is significantly higher than SIXL's 3.41% return.


NEWZ

1D
-0.25%
1M
0.39%
YTD
7.39%
6M
6.29%
1Y
3.21%
3Y*
5Y*
10Y*

SIXL

1D
-0.16%
1M
-2.82%
YTD
3.41%
6M
2.41%
1Y
3.64%
3Y*
7.60%
5Y*
3.45%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

NEWZ vs. SIXL - Yearly Performance Comparison


2026 (YTD)20252024
NEWZ
StockSnips AI-Powered Sentiment US All Cap ETF
7.39%-4.08%15.16%
SIXL
ETC 6 Meridian Low Beta Equity Strategy ETF
3.41%-0.61%13.39%

Correlation

The correlation between NEWZ and SIXL is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.42

Correlation (All Time)
Calculated using the full available price history since Apr 15, 2024

0.53

The correlation between NEWZ and SIXL shifts across timeframes, from 0.42 (1 year) to 0.53 (all time), reflecting how their relationship changes across market environments.

NEWZ vs. SIXL - Sectors Allocation Comparison


Sectors
NEWZ
SIXL

Healthcare

17.7%
14.5%

Financial Services

16.2%
15.2%

Technology

12.7%
2.4%

Communication Services

10.1%
2.6%

Industrials

10.0%
6.4%

Consumer Cyclical

9.2%
6.8%

Energy

7.4%
2.1%

Real Estate

6.9%
13.6%

Consumer Defensive

3.3%
17.0%

Utilities

3.3%
17.3%

Basic Materials

3.3%
2.2%

Healthcare

NEWZ
17.7%
SIXL
14.5%

Financial Services

NEWZ
16.2%
SIXL
15.2%

Technology

NEWZ
12.7%
SIXL
2.4%

Communication Services

NEWZ
10.1%
SIXL
2.6%

Industrials

NEWZ
10.0%
SIXL
6.4%

Consumer Cyclical

NEWZ
9.2%
SIXL
6.8%

Energy

NEWZ
7.4%
SIXL
2.1%

Real Estate

NEWZ
6.9%
SIXL
13.6%

Consumer Defensive

NEWZ
3.3%
SIXL
17.0%

Utilities

NEWZ
3.3%
SIXL
17.3%

Basic Materials

NEWZ
3.3%
SIXL
2.2%

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Return for Risk

NEWZ vs. SIXL — Risk / Return Rank

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

NEWZ
NEWZ Risk / Return Rank: 1313
Overall Rank
NEWZ Sharpe Ratio Rank: 1313
Sharpe Ratio Rank
NEWZ Sortino Ratio Rank: 1212
Sortino Ratio Rank
NEWZ Omega Ratio Rank: 1212
Omega Ratio Rank
NEWZ Calmar Ratio Rank: 1313
Calmar Ratio Rank
NEWZ Martin Ratio Rank: 1313
Martin Ratio Rank

SIXL
SIXL Risk / Return Rank: 1515
Overall Rank
SIXL Sharpe Ratio Rank: 1515
Sharpe Ratio Rank
SIXL Sortino Ratio Rank: 1414
Sortino Ratio Rank
SIXL Omega Ratio Rank: 1414
Omega Ratio Rank
SIXL Calmar Ratio Rank: 1616
Calmar Ratio Rank
SIXL Martin Ratio Rank: 1717
Martin Ratio Rank
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.

NEWZ vs. SIXL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for StockSnips AI-Powered Sentiment US All Cap ETF (NEWZ) and ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL). 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.


NEWZSIXLDifference
Sharpe ratioReturn per unit of total volatility

-0.15

Sortino ratioReturn per unit of downside risk

-0.17

Omega ratioGain probability vs. loss probability

1.05

1.07

-0.02

Calmar ratioReturn relative to maximum drawdown

0.30

0.56

-0.26

Martin ratioReturn relative to average drawdown

0.83

1.58

-0.74

NEWZ vs. SIXL - Sharpe Ratio Comparison

The current NEWZ Sharpe Ratio is 0.24, which is lower than the SIXL Sharpe Ratio of 0.38. The chart below compares the historical Sharpe Ratios of NEWZ and SIXL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


NEWZSIXLDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.24

0.38

-0.15

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.29

Sharpe Ratio (All Time)

Calculated using the full available price history

0.53

0.63

-0.09

Drawdowns

NEWZ vs. SIXL - Drawdown Comparison

The maximum NEWZ drawdown since its inception was -19.40%, which is greater than SIXL's maximum drawdown of -16.08%. Use the drawdown chart below to compare losses from any high point for NEWZ and SIXL.


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Drawdown Indicators


NEWZSIXLDifference

Max Drawdown

Largest peak-to-trough decline

-19.40%

-16.08%

-3.32%

Max Drawdown (1Y)

Largest decline over 1 year

-10.82%

-6.52%

-4.30%

Max Drawdown (3Y)

Largest decline over 3 years

-11.65%

Max Drawdown (5Y)

Largest decline over 5 years

-16.08%

Current Drawdown

Current decline from peak

-3.45%

-6.04%

+2.59%

Average Drawdown

Average peak-to-trough decline

-5.34%

-4.57%

-0.77%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.86%

2.31%

+1.55%

Volatility

NEWZ vs. SIXL - Volatility Comparison

StockSnips AI-Powered Sentiment US All Cap ETF (NEWZ) has a higher volatility of 3.71% compared to ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) at 2.36%. This indicates that NEWZ's price experiences larger fluctuations and is considered to be riskier than SIXL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


NEWZSIXLDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.71%

2.36%

+1.35%

Volatility (6M)

Calculated over the trailing 6-month period

8.78%

6.61%

+2.17%

Volatility (1Y)

Calculated over the trailing 1-year period

13.71%

9.50%

+4.21%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.71%

12.14%

+3.57%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.71%

12.55%

+3.16%

NEWZ vs. SIXL - Expense Ratio Comparison

NEWZ has a 0.75% expense ratio, which is higher than SIXL's 0.47% expense ratio.


Dividends

NEWZ vs. SIXL - Dividend Comparison

NEWZ's dividend yield for the trailing twelve months is around 0.10%, less than SIXL's 2.31% yield.


PositionTTM202520242023202220212020
NEWZ
StockSnips AI-Powered Sentiment US All Cap ETF
0.10%0.27%0.18%0.00%0.00%0.00%0.00%
SIXL
ETC 6 Meridian Low Beta Equity Strategy ETF
2.31%2.31%1.28%1.48%1.45%0.67%0.40%

Frequently Asked Questions


NEWZ and SIXL have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

NEWZ has higher volatility (3.71%) compared to SIXL (2.36%). In terms of maximum drawdown, NEWZ dropped -19.40% vs SIXL's -16.08%.

On 1-year performance, SIXL leads with 3.64% vs 3.21% for NEWZ. On fees, SIXL is cheaper at 0.47% per year. On volatility, SIXL has been the lower-risk option at 2.36%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 1-year period, SIXL has performed better with a 3.64% return vs 3.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

SIXL is cheaper with a 0.47% expense ratio, compared with 0.75% for NEWZ.

SIXL has the higher dividend yield at 2.31%, compared with 0.10% for NEWZ.

They also come from different issuers: StockSnips and Exchange Traded Concepts. Their fees differ too: 0.75% for NEWZ and 0.47% for SIXL.

SIXL currently has the higher Sharpe Ratio (0.38 vs 0.24), 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.

Portfolio Optimizer

Find the right allocation for NEWZ and SIXL

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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