SIXA vs. HTEC

Last updated Jun 24, 2026

SIXA (6 Meridian Mega Cap Equity ETF) and HTEC (ROBO Global Healthcare Technology and Innovation ETF) are both exchange-traded funds - SIXA is a Large Cap Blend Equities fund actively managed by Exchange Traded Concepts, while HTEC is a Health & Biotech Equities fund tracking the ROBO Global® Healthcare Technology and Innovation Index. SIXA is actively managed, while HTEC is passively managed. Over the past 5 years, SIXA returned 12.93%/yr vs -5.86%/yr for HTEC. A 0.58 correlation means they provide meaningful diversification when combined. SIXA charges 0.86%/yr vs 0.68%/yr for HTEC.

Performance

SIXA vs. HTEC - Performance Comparison

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

Returns By Period

In the year-to-date period, SIXA achieves a 13.24% return, which is significantly higher than HTEC's -0.55% return.

SIXA

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

HTEC

• 1D: 1.26%
• 1M: 2.81%
• YTD: -0.55%
• 6M: -2.52%
• 1Y: 28.67%
• 3Y*: 6.38%
• 5Y*: -5.86%
• 10Y*: —

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

SIXA vs. HTEC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
SIXA 6 Meridian Mega Cap Equity ETF	13.24%	15.52%	22.70%	11.98%	-5.72%	23.87%	19.04%
HTEC ROBO Global Healthcare Technology and Innovation ETF	-0.55%	23.91%	2.68%	-2.94%	-33.72%	-0.28%	53.75%

Correlation

The correlation between SIXA and HTEC is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (3Y) Calculated over the trailing 3-year period	0.57
Correlation (5Y) Calculated over the trailing 5-year period	0.58
Correlation (All Time) Calculated using the full available price history since May 11, 2020	0.58

The correlation between SIXA and HTEC shifts across timeframes, from 0.46 (1 year) to 0.58 (5 years), reflecting how their relationship changes across market environments.

SIXA vs. HTEC - Sectors Allocation Comparison

Sectors	SIXA	HTEC
Consumer Defensive	23.2%	-
Technology	19.2%	3.7%
Healthcare	14.5%	77.3%
Communication Services	13.9%	-
Financial Services	7.7%	3.9%
Industrials	6.5%	1.3%
Utilities	5.0%	-
Energy	4.8%	1.2%
Consumer Cyclical	3.9%	-
Real Estate	1.3%	-
Basic Materials	-	-

Return for Risk

SIXA vs. HTEC — 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

HTEC

HTEC Risk / Return Rank: 38
HTEC Sharpe Ratio Rank: 41
HTEC Sortino Ratio Rank: 43
HTEC Omega Ratio Rank: 37
HTEC Calmar Ratio Rank: 37
HTEC Martin Ratio Rank: 31

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. HTEC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 6 Meridian Mega Cap Equity ETF (SIXA) and ROBO Global Healthcare Technology and Innovation ETF (HTEC). 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	HTEC	Difference
Sharpe ratio: Return per unit of total volatility	2.26	1.38	+0.88
Sortino ratio: Return per unit of downside risk	3.36	2.07	+1.29
Omega ratio: Gain probability vs. loss probability	1.40	1.24	+0.16
Calmar ratio: Return relative to maximum drawdown	3.60	1.77	+1.83
Martin ratio: Return relative to average drawdown	13.65	4.22	+9.43

SIXA vs. HTEC - Sharpe Ratio Comparison

The current SIXA Sharpe Ratio is 2.26, which is higher than the HTEC Sharpe Ratio of 1.38. The chart below compares the historical Sharpe Ratios of SIXA and HTEC, 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. HTEC - Drawdown Comparison

The maximum SIXA drawdown since its inception was -18.38%, smaller than the maximum HTEC drawdown of -57.53%. Use the drawdown chart below to compare losses from any high point for SIXA and HTEC.

Drawdown Indicators

	SIXA	HTEC	Difference
Max Drawdown Largest peak-to-trough decline	-18.38%	-57.53%	+39.15%
Max Drawdown (1Y) Largest decline over 1 year	-5.59%	-16.31%	+10.72%
Max Drawdown (3Y) Largest decline over 3 years	-11.22%	-28.67%	+17.45%
Max Drawdown (5Y) Largest decline over 5 years	-18.38%	-56.10%	+37.72%
Current Drawdown Current decline from peak	-0.87%	-31.59%	+30.72%
Average Drawdown Average peak-to-trough decline	-2.98%	-29.00%	+26.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.47%	6.81%	-5.34%

Volatility

SIXA vs. HTEC - Volatility Comparison

The current volatility for 6 Meridian Mega Cap Equity ETF (SIXA) is 2.59%, while ROBO Global Healthcare Technology and Innovation ETF (HTEC) has a volatility of 6.74%. This indicates that SIXA experiences smaller price fluctuations and is considered to be less risky than HTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SIXA	HTEC	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.59%	6.74%	-4.15%
Volatility (6M) Calculated over the trailing 6-month period	6.89%	15.77%	-8.88%
Volatility (1Y) Calculated over the trailing 1-year period	8.94%	20.92%	-11.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.79%	24.50%	-11.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.32%	25.46%	-12.14%

SIXA vs. HTEC - Expense Ratio Comparison

SIXA has a 0.86% expense ratio, which is higher than HTEC's 0.68% expense ratio.

Dividends

SIXA vs. HTEC - Dividend Comparison

SIXA's dividend yield for the trailing twelve months is around 1.99%, more than HTEC's 0.99% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
HTEC ROBO Global Healthcare Technology and Innovation ETF	0.99%	0.98%	0.00%	0.00%	0.00%	0.05%	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 HTEC in my portfolio?

SIXA and HTEC have a correlation of 0.46, 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 HTEC?

HTEC has higher volatility (6.74%) compared to SIXA (2.59%). In terms of maximum drawdown, SIXA dropped -18.38% vs HTEC's -57.53%.

Which ETF is better, SIXA or HTEC?

On 5-year performance, SIXA leads with 12.93% vs -5.86% for HTEC. On fees, HTEC is cheaper at 0.68% 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 HTEC?

Over the 5-year period, SIXA has performed better with a 12.93% return vs -5.86%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SIXA or HTEC?

HTEC is cheaper with a 0.68% expense ratio, compared with 0.86% for SIXA.

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

SIXA has the higher dividend yield at 1.99%, compared with 0.99% for HTEC.

What is the main difference between SIXA and HTEC?

SIXA is categorized as Large Cap Blend Equities, while HTEC is Health & Biotech Equities. Their fees differ too: 0.86% for SIXA and 0.68% for HTEC.

Which has better risk-adjusted returns?

SIXA currently has the higher Sharpe Ratio (2.26 vs 1.38), 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.