SIXA vs. QQQM

Last updated Apr 1, 2026

Compare and contrast key facts about 6 Meridian Mega Cap Equity ETF (SIXA) and Invesco NASDAQ 100 ETF (QQQM).

SIXA and QQQM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SIXA is an actively managed fund by Exchange Traded Concepts. It was launched on May 11, 2020. QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020.

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.

SIXA vs. QQQM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
SIXA 6 Meridian Mega Cap Equity ETF	4.69%	15.52%	22.70%	11.98%	-5.72%	23.87%	4.46%
QQQM Invesco NASDAQ 100 ETF	-5.92%	20.85%	25.68%	55.01%	-32.52%	27.45%	6.67%

Returns By Period

In the year-to-date period, SIXA achieves a 4.69% return, which is significantly higher than QQQM's -5.92% return.

SIXA

• 1D: 1.29%
• 1M: -4.11%
• YTD: 4.69%
• 6M: 5.94%
• 1Y: 14.35%
• 3Y*: 18.65%
• 5Y*: 12.53%
• 10Y*: —

QQQM

• 1D: 3.37%
• 1M: -4.84%
• YTD: -5.92%
• 6M: -3.59%
• 1Y: 23.76%
• 3Y*: 22.41%
• 5Y*: 12.96%
• 10Y*: —

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

SIXA vs. QQQM - Expense Ratio Comparison

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

SIXA

6 Meridian Mega Cap Equity ETF

QQQM

Invesco NASDAQ 100 ETF

Return for Risk

SIXA vs. QQQM — Risk / Return Rank

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

SIXA

SIXA Risk / Return Rank: 67
SIXA Sharpe Ratio Rank: 63
SIXA Sortino Ratio Rank: 63
SIXA Omega Ratio Rank: 65
SIXA Calmar Ratio Rank: 65
SIXA Martin Ratio Rank: 78

QQQM

QQQM Risk / Return Rank: 70
QQQM Sharpe Ratio Rank: 64
QQQM Sortino Ratio Rank: 69
QQQM Omega Ratio Rank: 68
QQQM Calmar Ratio Rank: 76
QQQM Martin Ratio Rank: 73

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. 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.

	SIXA	QQQM	Difference
Sharpe ratio Return per unit of total volatility	1.09	1.06	+0.02
Sortino ratio Return per unit of downside risk	1.58	1.65	-0.06
Omega ratio Gain probability vs. loss probability	1.23	1.24	0.00
Calmar ratio Return relative to maximum drawdown	1.62	1.89	-0.27
Martin ratio Return relative to average drawdown	8.19	6.96	+1.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SIXA vs. QQQM - Sharpe Ratio Comparison

The current SIXA Sharpe Ratio is 1.09, which is comparable to the QQQM Sharpe Ratio of 1.06. The chart below compares the historical Sharpe Ratios of SIXA and QQQM, 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

	SIXA	QQQM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.09	1.06	+0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.98	0.59	+0.40
Sharpe Ratio (All Time) Calculated using the full available price history	1.13	0.63	+0.51

Correlation

The correlation between SIXA and QQQM is 0.64, 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

SIXA vs. QQQM - Dividend Comparison

SIXA's dividend yield for the trailing twelve months is around 2.05%, more than QQQM's 0.53% yield.

	TTM	2025	2024	2023	2022	2021	2020
SIXA 6 Meridian Mega Cap Equity ETF	2.05%	2.31%	1.62%	2.12%	2.23%	1.63%	1.13%
QQQM Invesco NASDAQ 100 ETF	0.53%	0.50%	0.61%	0.65%	0.83%	0.40%	0.16%

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	-9.58%	-12.55%	+2.97%
Max Drawdown (5Y) Largest decline over 5 years	-18.38%	-35.04%	+16.66%
Current Drawdown Current decline from peak	-4.11%	-8.99%	+4.88%
Average Drawdown Average peak-to-trough decline	-3.06%	-8.47%	+5.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.90%	3.41%	-1.51%

Volatility

SIXA vs. QQQM - Volatility Comparison

The current volatility for 6 Meridian Mega Cap Equity ETF (SIXA) is 3.10%, while Invesco NASDAQ 100 ETF (QQQM) has a volatility of 6.48%. 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	3.10%	6.48%	-3.38%
Volatility (6M) Calculated over the trailing 6-month period	6.51%	12.73%	-6.22%
Volatility (1Y) Calculated over the trailing 1-year period	13.27%	22.42%	-9.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.80%	22.25%	-9.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.43%	22.27%	-8.84%