SIXA vs. EBI

Last updated Jun 24, 2026

SIXA (6 Meridian Mega Cap Equity ETF) and EBI (Longview Advantage ETF) are both Large Cap Blend Equities funds. Both are actively managed. Over the past year, SIXA returned 20.02% vs 30.46% for EBI. A 0.73 correlation means they provide meaningful diversification when combined. SIXA charges 0.86%/yr vs 0.24%/yr for EBI.

Performance

SIXA vs. EBI - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with SIXA having a 13.24% return and EBI slightly higher at 13.70%.

SIXA

• 1D: -0.07%
• 1M: 0.36%
• YTD: 13.24%
• 6M: 12.75%
• 1Y: 20.02%
• 3Y*: 20.87%
• 5Y*: 12.93%
• 10Y*: —

EBI

• 1D: -0.96%
• 1M: 0.90%
• YTD: 13.70%
• 6M: 12.56%
• 1Y: 30.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SIXA vs. EBI - Yearly Performance Comparison

	2026 (YTD)	2025
SIXA 6 Meridian Mega Cap Equity ETF	13.24%	8.37%
EBI Longview Advantage ETF	13.70%	15.82%

Correlation

The correlation between SIXA and EBI is 0.69, 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	0.69
Correlation (All Time) Calculated using the full available price history since Feb 27, 2025	0.73

The correlation between SIXA and EBI has been stable across timeframes, ranging from 0.69 to 0.73 - a consistent structural relationship.

Return for Risk

SIXA vs. EBI — Risk / Return Rank

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

SIXA

SIXA Risk / Return Rank: 76
SIXA Sharpe Ratio Rank: 76
SIXA Sortino Ratio Rank: 81
SIXA Omega Ratio Rank: 72
SIXA Calmar Ratio Rank: 75
SIXA Martin Ratio Rank: 76

EBI

EBI Risk / Return Rank: 84
EBI Sharpe Ratio Rank: 84
EBI Sortino Ratio Rank: 84
EBI Omega Ratio Rank: 81
EBI Calmar Ratio Rank: 85
EBI Martin Ratio Rank: 88

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.

SIXA vs. EBI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 6 Meridian Mega Cap Equity ETF (SIXA) and Longview Advantage ETF (EBI). 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.

	SIXA	EBI	Difference
Sharpe ratio: Return per unit of total volatility	2.26	2.46	-0.20
Sortino ratio: Return per unit of downside risk	3.36	3.37	0.00
Omega ratio: Gain probability vs. loss probability	1.40	1.43	-0.04
Calmar ratio: Return relative to maximum drawdown	3.60	4.32	-0.72
Martin ratio: Return relative to average drawdown	13.65	17.50	-3.85

SIXA vs. EBI - Sharpe Ratio Comparison

The current SIXA Sharpe Ratio is 2.26, which is comparable to the EBI Sharpe Ratio of 2.46. The chart below compares the historical Sharpe Ratios of SIXA and EBI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SIXA vs. EBI - Drawdown Comparison

The maximum SIXA drawdown since its inception was -18.38%, which is greater than EBI's maximum drawdown of -17.05%. Use the drawdown chart below to compare losses from any high point for SIXA and EBI.

Drawdown Indicators

	SIXA	EBI	Difference
Max Drawdown Largest peak-to-trough decline	-18.38%	-17.05%	-1.33%
Max Drawdown (1Y) Largest decline over 1 year	-5.59%	-7.09%	+1.50%
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	-0.87%	-1.43%	+0.56%
Average Drawdown Average peak-to-trough decline	-2.98%	-2.03%	-0.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.47%	1.75%	-0.28%

Volatility

SIXA vs. EBI - Volatility Comparison

The current volatility for 6 Meridian Mega Cap Equity ETF (SIXA) is 2.59%, while Longview Advantage ETF (EBI) has a volatility of 4.03%. This indicates that SIXA experiences smaller price fluctuations and is considered to be less risky than EBI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SIXA	EBI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.59%	4.03%	-1.44%
Volatility (6M) Calculated over the trailing 6-month period	6.89%	9.27%	-2.38%
Volatility (1Y) Calculated over the trailing 1-year period	8.94%	12.49%	-3.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.79%	17.88%	-5.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.32%	17.88%	-4.56%

SIXA vs. EBI - Expense Ratio Comparison

SIXA has a 0.86% expense ratio, which is higher than EBI's 0.24% expense ratio.

Dividends

SIXA vs. EBI - Dividend Comparison

SIXA's dividend yield for the trailing twelve months is around 1.99%, more than EBI's 0.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
EBI Longview Advantage ETF	0.92%	1.05%	0.00%	0.00%	0.00%	0.00%	0.00%
SIXA 6 Meridian Mega Cap Equity ETF	1.99%	2.31%	1.62%	2.12%	2.23%	1.63%	1.13%

Frequently Asked Questions

Can I hold both SIXA and EBI in my portfolio?

SIXA and EBI have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SIXA or EBI?

EBI has higher volatility (4.03%) compared to SIXA (2.59%). In terms of maximum drawdown, SIXA dropped -18.38% vs EBI's -17.05%.

Which ETF is better, SIXA or EBI?

On 1-year performance, EBI leads with 30.46% vs 20.02% for SIXA. On fees, EBI is cheaper at 0.24% per year. On volatility, SIXA has been the lower-risk option at 2.59%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SIXA or EBI?

Over the 1-year period, EBI has performed better with a 30.46% return vs 20.02%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SIXA or EBI?

EBI is cheaper with a 0.24% expense ratio, compared with 0.86% for SIXA.

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

SIXA has the higher dividend yield at 1.99%, compared with 0.92% for EBI.

What is the main difference between SIXA and EBI?

They also come from different issuers: Exchange Traded Concepts and Longview. Their fees differ too: 0.86% for SIXA and 0.24% for EBI.

Which has better risk-adjusted returns?

EBI currently has the higher Sharpe Ratio (2.46 vs 2.26), 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.