RSHO vs. SIXL

Last updated Apr 1, 2026

Compare and contrast key facts about Tema American Reshoring ETF (RSHO) and ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL).

RSHO and SIXL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RSHO is an actively managed fund by Tema. It was launched on May 10, 2023. SIXL is an actively managed fund by Exchange Traded Concepts. It was launched on May 11, 2020.

Performance

RSHO vs. SIXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tema American Reshoring ETF (RSHO) and ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL). The values are adjusted to include any dividend payments, if applicable.

RSHO vs. SIXL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
RSHO Tema American Reshoring ETF	12.27%	19.23%	17.28%	28.26%
SIXL ETC 6 Meridian Low Beta Equity Strategy ETF	4.48%	-0.61%	14.13%	6.43%

Returns By Period

In the year-to-date period, RSHO achieves a 12.27% return, which is significantly higher than SIXL's 4.48% return.

RSHO

• 1D: 4.94%
• 1M: -8.70%
• YTD: 12.27%
• 6M: 16.13%
• 1Y: 47.15%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SIXL

• 1D: 0.42%
• 1M: -4.69%
• YTD: 4.48%
• 6M: 2.87%
• 1Y: 2.42%
• 3Y*: 7.20%
• 5Y*: 4.17%
• 10Y*: —

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

RSHO vs. SIXL - Expense Ratio Comparison

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

RSHO

Tema American Reshoring ETF

SIXL

ETC 6 Meridian Low Beta Equity Strategy ETF

Return for Risk

RSHO vs. SIXL — Risk / Return Rank

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

RSHO

RSHO Risk / Return Rank: 89
RSHO Sharpe Ratio Rank: 88
RSHO Sortino Ratio Rank: 90
RSHO Omega Ratio Rank: 85
RSHO Calmar Ratio Rank: 91
RSHO Martin Ratio Rank: 91

SIXL

SIXL Risk / Return Rank: 17
SIXL Sharpe Ratio Rank: 17
SIXL Sortino Ratio Rank: 15
SIXL Omega Ratio Rank: 15
SIXL Calmar Ratio Rank: 19
SIXL Martin Ratio Rank: 20

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.

RSHO vs. SIXL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tema American Reshoring ETF (RSHO) 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.

	RSHO	SIXL	Difference
Sharpe ratio Return per unit of total volatility	1.83	0.20	+1.63
Sortino ratio Return per unit of downside risk	2.55	0.36	+2.19
Omega ratio Gain probability vs. loss probability	1.33	1.05	+0.29
Calmar ratio Return relative to maximum drawdown	3.18	0.37	+2.81
Martin ratio Return relative to average drawdown	11.76	1.19	+10.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RSHO vs. SIXL - Sharpe Ratio Comparison

The current RSHO Sharpe Ratio is 1.83, which is higher than the SIXL Sharpe Ratio of 0.20. The chart below compares the historical Sharpe Ratios of RSHO and SIXL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	RSHO	SIXL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.83	0.20	+1.63
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.34	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.26	0.66	+0.61

Correlation

The correlation between RSHO and SIXL is 0.59, 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.

Dividends

RSHO vs. SIXL - Dividend Comparison

RSHO's dividend yield for the trailing twelve months is around 0.26%, less than SIXL's 2.37% yield.

	TTM	2025	2024	2023	2022	2021	2020
RSHO Tema American Reshoring ETF	0.26%	0.30%	0.26%	0.25%	0.00%	0.00%	0.00%
SIXL ETC 6 Meridian Low Beta Equity Strategy ETF	2.37%	2.31%	1.28%	1.48%	1.45%	0.67%	0.40%

Drawdowns

RSHO vs. SIXL - Drawdown Comparison

The maximum RSHO drawdown since its inception was -27.31%, which is greater than SIXL's maximum drawdown of -16.08%. Use the drawdown chart below to compare losses from any high point for RSHO and SIXL.

Drawdown Indicators

	RSHO	SIXL	Difference
Max Drawdown Largest peak-to-trough decline	-27.31%	-16.08%	-11.23%
Max Drawdown (1Y) Largest decline over 1 year	-14.64%	-8.63%	-6.01%
Max Drawdown (5Y) Largest decline over 5 years	—	-16.08%	—
Current Drawdown Current decline from peak	-10.42%	-5.07%	-5.35%
Average Drawdown Average peak-to-trough decline	-4.43%	-4.60%	+0.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.95%	2.66%	+1.29%

Volatility

RSHO vs. SIXL - Volatility Comparison

Tema American Reshoring ETF (RSHO) has a higher volatility of 11.13% compared to ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) at 3.02%. This indicates that RSHO'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.

Volatility by Period

	RSHO	SIXL	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.13%	3.02%	+8.11%
Volatility (6M) Calculated over the trailing 6-month period	17.64%	6.76%	+10.88%
Volatility (1Y) Calculated over the trailing 1-year period	25.94%	12.15%	+13.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.91%	12.14%	+9.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.91%	12.64%	+9.27%