SIXA vs. QQQM

Last updated Aug 4, 2026

SIXA (6 Meridian Mega Cap Equity ETF) and QQQM (Invesco NASDAQ 100 ETF) are both exchange-traded funds - SIXA is a Large Cap Blend Equities fund actively managed by Exchange Traded Concepts, while QQQM is a Nasdaq-100 fund tracking the NASDAQ-100 Index. SIXA is actively managed, while QQQM is passively managed. Over the past 5 years, SIXA returned 12.46%/yr vs 14.53%/yr for QQQM. Their 0.62 correlation means they have sometimes moved together and sometimes differently. SIXA charges 0.86%/yr vs 0.15%/yr for QQQM.

Performance

SIXA vs. QQQM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 6 Meridian Mega Cap Equity ETF (SIXA) and Invesco NASDAQ 100 ETF (QQQM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with SIXA having a 14.36% return and QQQM slightly lower at 14.26%.

SIXA

• 1D: 0.32%
• 1M: 0.88%
• 6M: 8.31%
• YTD: 14.36%
• 1Y: 19.61%
• 3Y*: 19.93%
• 5Y*: 12.46%
• 10Y*: —
• ALL TIME*: 16.02%

QQQM

• 1D: 1.76%
• 1M: -1.76%
• 6M: 12.09%
• YTD: 14.26%
• 1Y: 27.06%
• 3Y*: 24.26%
• 5Y*: 14.53%
• 10Y*: —
• ALL TIME*: 16.84%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
QQQM Invesco NASDAQ 100 ETF	$1.05B	$933.44M	$1.20B
SIXA 6 Meridian Mega Cap Equity ETF	$1.52M	$1.58M	$834.78K

SIXA vs. QQQM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
SIXA 6 Meridian Mega Cap Equity ETF	14.36%	15.52%	22.70%	11.98%	-5.72%	23.87%	4.15%
QQQM Invesco NASDAQ 100 ETF	14.26%	20.85%	25.68%	55.01%	-32.52%	27.45%	6.64%

Correlation

The correlation between SIXA and QQQM is 0.34, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.34
Correlation (3Y) Balances recent behavior with more history.	0.54
Correlation (5Y) Shows whether the relationship held over a longer period.	0.62
Correlation (All Time) Calculated using the full available price history since Oct 13, 2020	0.62

Over the past year, the correlation between SIXA and QQQM has dropped to 0.34 - well below their long-term average of 0.62, suggesting their price drivers have been diverging.

SIXA vs. QQQM - Sectors Allocation Comparison

Sectors	SIXA	QQQM
Consumer Defensive	23.8%	6.3%
Technology	17.0%	60.9%
Healthcare	15.0%	3.6%
Financial Services	12.8%	0.2%
Communication Services	10.4%	13.1%
Consumer Cyclical	5.1%	10.7%
Energy	4.9%	0.5%
Industrials	4.6%	2.7%
Real Estate	3.8%	0.1%
Utilities	2.7%	1.1%
Basic Materials	-	1.0%

Return for Risk

SIXA vs. QQQM — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SIXA

SIXA Risk / Return Rank: 87
SIXA Sharpe Ratio Rank: 87
SIXA Sortino Ratio Rank: 90
SIXA Omega Ratio Rank: 85
SIXA Calmar Ratio Rank: 86
SIXA Martin Ratio Rank: 87

QQQM

QQQM Risk / Return Rank: 59
QQQM Sharpe Ratio Rank: 59
QQQM Sortino Ratio Rank: 55
QQQM Omega Ratio Rank: 55
QQQM Calmar Ratio Rank: 64
QQQM Martin Ratio Rank: 59

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SIXA vs. QQQM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 6 Meridian Mega Cap Equity ETF (SIXA) and Invesco NASDAQ 100 ETF (QQQM). 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	QQQM	Difference
Sharpe ratio: Return per unit of total volatility	2.19	1.42	+0.77
Sortino ratio: Return per unit of downside risk	3.25	1.96	+1.29
Omega ratio: Gain probability vs. loss probability	1.38	1.25	+0.13
Calmar ratio: Return relative to maximum drawdown	3.52	2.27	+1.25
Martin ratio: Return relative to average drawdown	13.39	7.22	+6.18

SIXA vs. QQQM - Sharpe Ratio Comparison

The current SIXA Sharpe Ratio is 2.19, which is higher than the QQQM Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of SIXA and QQQM, 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. QQQM - Drawdown Comparison

The maximum SIXA drawdown since its inception was -18.38%, smaller than the maximum QQQM drawdown of -35.04%. Use the drawdown chart below to compare losses from any high point for SIXA and QQQM.

Drawdown Indicators

	SIXA	QQQM	Difference
Max Drawdown Largest peak-to-trough decline	-18.38%	-35.04%	+16.66%
Max Drawdown (1Y) Largest decline over 1 year	-5.59%	-11.96%	+6.37%
Max Drawdown (3Y) Largest decline over 3 years	-11.22%	-22.70%	+11.48%
Max Drawdown (5Y) Largest decline over 5 years	-18.38%	-35.04%	+16.66%
Current Drawdown Current decline from peak	-1.40%	-6.06%	+4.66%
Average Drawdown Average peak-to-trough decline	-2.93%	-8.14%	+5.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.47%	3.76%	-2.29%

Volatility

SIXA vs. QQQM - Volatility Comparison

The current volatility for 6 Meridian Mega Cap Equity ETF (SIXA) is 2.69%, while Invesco NASDAQ 100 ETF (QQQM) has a volatility of 6.91%. This indicates that SIXA experiences smaller price fluctuations and is considered to be less risky than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SIXA	QQQM	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.69%	6.91%	-4.22%
Volatility (6M) Calculated over the trailing 6-month period	6.96%	15.95%	-8.99%
Volatility (1Y) Calculated over the trailing 1-year period	9.02%	19.23%	-10.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.77%	22.76%	-9.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.26%	22.33%	-9.07%

SIXA vs. QQQM - Expense Ratio Comparison

SIXA has a 0.86% expense ratio, which is higher than QQQM's 0.15% expense ratio.

Dividends

SIXA vs. QQQM - Dividend Comparison

SIXA's dividend yield for the trailing twelve months is around 1.98%, more than QQQM's 0.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
QQQM Invesco NASDAQ 100 ETF	0.45%	0.50%	0.61%	0.65%	0.83%	0.40%	0.16%
SIXA 6 Meridian Mega Cap Equity ETF	1.98%	2.31%	1.62%	2.12%	2.23%	1.63%	1.13%

Frequently Asked Questions

Can I hold both SIXA and QQQM in my portfolio?

SIXA and QQQM have a correlation of 0.34, 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 QQQM?

QQQM has higher volatility (6.91%) compared to SIXA (2.69%). In terms of maximum drawdown, SIXA dropped -18.38% vs QQQM's -35.04%.

Which ETF is better, SIXA or QQQM?

On 5-year performance, QQQM leads with 14.53% vs 12.46% for SIXA. On fees, QQQM is cheaper at 0.15% per year. On volatility, SIXA has been the lower-risk option at 2.69%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SIXA or QQQM?

Over the 5-year period, QQQM has performed better with a 14.53% return vs 12.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SIXA or QQQM?

QQQM is cheaper with a 0.15% expense ratio, compared with 0.86% for SIXA.

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

SIXA has the higher dividend yield at 1.98%, compared with 0.45% for QQQM.

What is the main difference between SIXA and QQQM?

SIXA is categorized as Large Cap Blend Equities, while QQQM is Nasdaq-100. They also come from different issuers: Exchange Traded Concepts and Invesco. Their fees differ too: 0.86% for SIXA and 0.15% for QQQM.

Which has better risk-adjusted returns?

SIXA currently has the higher Sharpe Ratio (2.19 vs 1.42), 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.