OEI vs. SIXA

Last updated Jul 30, 2026

OEI (Optimized Equity Income ETF) and SIXA (6 Meridian Mega Cap Equity ETF) are both exchange-traded funds - OEI is a Actively Managed fund actively managed by Optimize, while SIXA is a Large Cap Blend Equities fund actively managed by Exchange Traded Concepts. Both are actively managed. Their 0.53 correlation means they have sometimes moved together and sometimes differently. OEI charges 0.75%/yr vs 0.86%/yr for SIXA.

Performance

OEI vs. SIXA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Optimized Equity Income ETF (OEI) and 6 Meridian Mega Cap Equity ETF (SIXA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OEI achieves a 4.15% return, which is significantly lower than SIXA's 14.84% return.

OEI

• 1D: -1.35%
• 1M: -0.53%
• 6M: 2.54%
• YTD: 4.15%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

SIXA

• 1D: -0.99%
• 1M: 0.87%
• 6M: 11.46%
• YTD: 14.84%
• 1Y: 18.43%
• 3Y*: 19.38%
• 5Y*: 12.65%
• 10Y*: —
• ALL TIME*: 16.14%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
OEI Optimized Equity Income ETF	$91.19K	$147.99K	$155.22K
SIXA 6 Meridian Mega Cap Equity ETF	$1.60M	$1.13M	$653.15K

OEI vs. SIXA - Yearly Performance Comparison

	2026 (YTD)	2025
OEI Optimized Equity Income ETF	4.15%	3.68%
SIXA 6 Meridian Mega Cap Equity ETF	14.84%	1.53%

Correlation

The correlation between OEI and SIXA is 0.53, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 22, 2025	0.53

Return for Risk

OEI vs. SIXA — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

OEI

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SIXA

SIXA Risk / Return Rank: 87
SIXA Sharpe Ratio Rank: 87
SIXA Sortino Ratio Rank: 89
SIXA Omega Ratio Rank: 84
SIXA Calmar Ratio Rank: 86
SIXA Martin Ratio Rank: 87

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

OEI vs. SIXA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Optimized Equity Income ETF (OEI) and 6 Meridian Mega Cap Equity ETF (SIXA). 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.

	OEI	SIXA	Difference
Sharpe ratio: Return per unit of total volatility	—	2.05	—
Sortino ratio: Return per unit of downside risk	—	3.07	—
Omega ratio: Gain probability vs. loss probability	—	1.36	—
Calmar ratio: Return relative to maximum drawdown	—	3.31	—
Martin ratio: Return relative to average drawdown	—	12.66	—

Drawdowns

OEI vs. SIXA - Drawdown Comparison

The maximum OEI drawdown since its inception was -6.49%, smaller than the maximum SIXA drawdown of -18.38%. Use the drawdown chart below to compare losses from any high point for OEI and SIXA.

Drawdown Indicators

	OEI	SIXA	Difference
Max Drawdown Largest peak-to-trough decline	-6.49%	-18.38%	+11.89%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.59%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-11.22%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.38%	—
Current Drawdown Current decline from peak	-1.70%	-0.99%	-0.71%
Average Drawdown Average peak-to-trough decline	-1.02%	-2.94%	+1.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.46%	—

Volatility

Volatility by Period

	OEI	SIXA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.78%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.04%	—
Volatility (1Y) Calculated over the trailing 1-year period	9.74%	9.01%	+0.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.74%	12.78%	-3.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.74%	13.27%	-3.53%

OEI vs. SIXA - Expense Ratio Comparison

OEI has a 0.75% expense ratio, which is lower than SIXA's 0.86% expense ratio.

Dividends

OEI vs. SIXA - Dividend Comparison

OEI's dividend yield for the trailing twelve months is around 6.87%, more than SIXA's 2.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
OEI Optimized Equity Income ETF	6.87%	1.35%	0.00%	0.00%	0.00%	0.00%	0.00%
SIXA 6 Meridian Mega Cap Equity ETF	2.25%	2.31%	1.62%	2.12%	2.23%	1.63%	1.13%

Frequently Asked Questions

Can I hold both OEI and SIXA in my portfolio?

OEI and SIXA have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, OEI or SIXA?

On fees, OEI is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, OEI or SIXA?

OEI is cheaper with a 0.75% expense ratio, compared with 0.86% for SIXA.

Which ETF pays a higher dividend yield, OEI or SIXA?

OEI has the higher dividend yield at 6.87%, compared with 2.25% for SIXA.

What is the main difference between OEI and SIXA?

OEI is categorized as Actively Managed, while SIXA is Large Cap Blend Equities. They also come from different issuers: Optimize and Exchange Traded Concepts. Their fees differ too: 0.75% for OEI and 0.86% for SIXA.