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QIDX vs. SIXL
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

QIDX vs. SIXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Indexperts Quality Earnings Focused ETF (QIDX) 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, QIDX achieves a 7.45% return, which is significantly higher than SIXL's 3.58% return.


QIDX

1D
0.36%
1M
1.25%
YTD
7.45%
6M
7.61%
1Y
12.24%
3Y*
5Y*
10Y*

SIXL

1D
-0.24%
1M
-3.27%
YTD
3.58%
6M
2.46%
1Y
4.09%
3Y*
7.66%
5Y*
3.56%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

QIDX vs. SIXL - Yearly Performance Comparison


Correlation

The correlation between QIDX and SIXL is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.


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

0.64

Correlation (All Time)
Calculated using the full available price history since Jan 3, 2025

0.67

The correlation between QIDX and SIXL has been stable across timeframes, ranging from 0.64 to 0.67 - a consistent structural relationship.

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Return for Risk

QIDX vs. SIXL — Risk / Return Rank

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

QIDX
QIDX Risk / Return Rank: 3232
Overall Rank
QIDX Sharpe Ratio Rank: 3030
Sharpe Ratio Rank
QIDX Sortino Ratio Rank: 3030
Sortino Ratio Rank
QIDX Omega Ratio Rank: 2828
Omega Ratio Rank
QIDX Calmar Ratio Rank: 3535
Calmar Ratio Rank
QIDX Martin Ratio Rank: 3737
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: 1515
Calmar Ratio Rank
SIXL Martin Ratio Rank: 1616
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.

QIDX vs. SIXL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Indexperts Quality Earnings Focused ETF (QIDX) 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.


QIDXSIXLDifference

Sharpe ratio

Return per unit of total volatility

1.12

0.43

+0.69

Sortino ratio

Return per unit of downside risk

1.66

0.66

+1.00

Omega ratio

Gain probability vs. loss probability

1.20

1.08

+0.12

Calmar ratio

Return relative to maximum drawdown

1.78

0.55

+1.23

Martin ratio

Return relative to average drawdown

5.89

1.57

+4.32

QIDX vs. SIXL - Sharpe Ratio Comparison

The current QIDX Sharpe Ratio is 1.12, which is higher than the SIXL Sharpe Ratio of 0.43. The chart below compares the historical Sharpe Ratios of QIDX 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


QIDXSIXLDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.12

0.43

+0.69

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.29

Sharpe Ratio (All Time)

Calculated using the full available price history

0.78

0.63

+0.15

Drawdowns

QIDX vs. SIXL - Drawdown Comparison

The maximum QIDX drawdown since its inception was -14.99%, smaller than the maximum SIXL drawdown of -16.08%. Use the drawdown chart below to compare losses from any high point for QIDX and SIXL.


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Drawdown Indicators


QIDXSIXLDifference

Max Drawdown

Largest peak-to-trough decline

-14.99%

-16.08%

+1.09%

Max Drawdown (1Y)

Largest decline over 1 year

-6.92%

-6.52%

-0.40%

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

0.00%

-5.89%

+5.89%

Average Drawdown

Average peak-to-trough decline

-2.30%

-4.57%

+2.27%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.10%

2.28%

-0.18%

Volatility

QIDX vs. SIXL - Volatility Comparison

Indexperts Quality Earnings Focused ETF (QIDX) has a higher volatility of 2.95% compared to ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) at 2.41%. This indicates that QIDX'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


QIDXSIXLDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.95%

2.41%

+0.54%

Volatility (6M)

Calculated over the trailing 6-month period

8.33%

6.70%

+1.63%

Volatility (1Y)

Calculated over the trailing 1-year period

10.97%

9.51%

+1.46%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.62%

12.14%

+2.48%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.62%

12.56%

+2.06%

QIDX vs. SIXL - Expense Ratio Comparison

QIDX has a 0.50% expense ratio, which is higher than SIXL's 0.47% expense ratio.


Dividends

QIDX vs. SIXL - Dividend Comparison

QIDX's dividend yield for the trailing twelve months is around 0.86%, less than SIXL's 2.30% yield.


PositionTTM202520242023202220212020
QIDX
Indexperts Quality Earnings Focused ETF
0.86%0.84%0.00%0.00%0.00%0.00%0.00%
SIXL
ETC 6 Meridian Low Beta Equity Strategy ETF
2.30%2.31%1.28%1.48%1.45%0.67%0.40%

Frequently Asked Questions


QIDX and SIXL have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

QIDX has higher volatility (2.95%) compared to SIXL (2.41%). In terms of maximum drawdown, QIDX dropped -14.99% vs SIXL's -16.08%.

On 1-year performance, QIDX leads with 12.24% vs 4.09% for SIXL. On fees, SIXL is cheaper at 0.47% per year. On volatility, SIXL has been the lower-risk option at 2.41%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 1-year period, QIDX has performed better with a 12.24% return vs 4.09%. 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 0.50% for QIDX.

SIXL has the higher dividend yield at 2.30%, compared with 0.86% for QIDX.

They also come from different issuers: Indexperts and Exchange Traded Concepts. Their fees differ too: 0.50% for QIDX and 0.47% for SIXL.

QIDX currently has the higher Sharpe Ratio (1.12 vs 0.43), 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.

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