ONEH vs. SIXH
ONEH (TrueShares Equity Hedge ETF) and SIXH (6 Meridian Hedged Equity-Index Option Strategy ETF) are both Equity Hedged funds. Both are actively managed. Their 0.02 correlation means their historical movements had little consistent relationship. ONEH charges 0.79%/yr vs 0.87%/yr for SIXH.
Performance
ONEH vs. SIXH - Performance Comparison
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Returns By Period
ONEH
- 1D
- 0.04%
- 1M
- 0.20%
- 6M
- -1.04%
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
SIXH
- 1D
- -0.05%
- 1M
- 1.25%
- 6M
- 6.67%
- YTD
- 11.82%
- 1Y
- 15.44%
- 3Y*
- 13.19%
- 5Y*
- 9.67%
- 10Y*
- —
- ALL TIME*
- 11.24%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $75.57K | $59.30K | $74.10K | |
| $192.69K | $438.81K | $385.38K |
ONEH vs. SIXH - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ONEH TrueShares Equity Hedge ETF | -1.24% |
SIXH 6 Meridian Hedged Equity-Index Option Strategy ETF | 8.74% |
Correlation
The correlation between ONEH and SIXH is 0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 29, 2026 | 0.02 |
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Return for Risk
ONEH vs. SIXH — Risk / Return Rank
ONEH
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SIXH
ONEH vs. SIXH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TrueShares Equity Hedge ETF (ONEH) 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.
| ONEH | SIXH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.35 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.59 | — |
| Martin ratioReturn relative to average drawdown | — | 9.12 | — |
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Drawdowns
ONEH vs. SIXH - Drawdown Comparison
The maximum ONEH drawdown since its inception was -3.55%, smaller than the maximum SIXH drawdown of -11.68%. Use the drawdown chart below to compare losses from any high point for ONEH and SIXH.
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Drawdown Indicators
| ONEH | SIXH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.55% | -11.68% | +8.13% |
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 | -1.24% | -1.63% | +0.39% |
Average DrawdownAverage peak-to-trough decline | -1.50% | -1.82% | +0.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.71% | — |
Volatility
ONEH vs. SIXH - Volatility Comparison
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Volatility by Period
| ONEH | SIXH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.48% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 6.36% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 5.04% | 7.87% | -2.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.04% | 10.40% | -5.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.04% | 10.09% | -5.05% |
ONEH vs. SIXH - Expense Ratio Comparison
ONEH has a 0.79% expense ratio, which is lower than SIXH's 0.87% expense ratio.
Dividends
ONEH vs. SIXH - Dividend Comparison
ONEH has not paid dividends to shareholders, while SIXH's dividend yield for the trailing twelve months is around 1.82%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
ONEH TrueShares Equity Hedge ETF | 0.00% | 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
ONEH and SIXH have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ONEH is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ONEH is cheaper with a 0.79% expense ratio, compared with 0.87% for SIXH.
SIXH has the higher dividend yield at 1.82%, compared with 0.00% for ONEH.
They also come from different issuers: TrueShares and Exchange Traded Concepts. Their fees differ too: 0.79% for ONEH and 0.87% for SIXH.
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