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SIXH vs. ACIO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SIXH and ACIO is 0.51, 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.


Performance

SIXH vs. ACIO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) and Aptus Collared Income Opportunity ETF (ACIO). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

SIXH:

0.71

ACIO:

0.88

Sortino Ratio

SIXH:

1.10

ACIO:

1.35

Omega Ratio

SIXH:

1.17

ACIO:

1.19

Calmar Ratio

SIXH:

0.94

ACIO:

0.96

Martin Ratio

SIXH:

4.46

ACIO:

3.28

Ulcer Index

SIXH:

1.93%

ACIO:

3.56%

Daily Std Dev

SIXH:

11.56%

ACIO:

12.51%

Max Drawdown

SIXH:

-11.68%

ACIO:

-14.19%

Current Drawdown

SIXH:

-3.04%

ACIO:

-3.76%

Returns By Period

In the year-to-date period, SIXH achieves a 4.71% return, which is significantly higher than ACIO's -0.92% return.


SIXH

YTD

4.71%

1M

3.80%

6M

2.62%

1Y

8.19%

5Y*

11.03%

10Y*

N/A

ACIO

YTD

-0.92%

1M

5.65%

6M

-2.72%

1Y

10.98%

5Y*

11.83%

10Y*

N/A

*Annualized

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SIXH vs. ACIO - Expense Ratio Comparison

SIXH has a 0.87% expense ratio, which is higher than ACIO's 0.79% expense ratio.


Risk-Adjusted Performance

SIXH vs. ACIO — Risk-Adjusted Performance Rank

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

SIXH
The Risk-Adjusted Performance Rank of SIXH is 7373
Overall Rank
The Sharpe Ratio Rank of SIXH is 6868
Sharpe Ratio Rank
The Sortino Ratio Rank of SIXH is 6565
Sortino Ratio Rank
The Omega Ratio Rank of SIXH is 7272
Omega Ratio Rank
The Calmar Ratio Rank of SIXH is 7979
Calmar Ratio Rank
The Martin Ratio Rank of SIXH is 8282
Martin Ratio Rank

ACIO
The Risk-Adjusted Performance Rank of ACIO is 7777
Overall Rank
The Sharpe Ratio Rank of ACIO is 7878
Sharpe Ratio Rank
The Sortino Ratio Rank of ACIO is 7777
Sortino Ratio Rank
The Omega Ratio Rank of ACIO is 7777
Omega Ratio Rank
The Calmar Ratio Rank of ACIO is 8080
Calmar Ratio Rank
The Martin Ratio Rank of ACIO is 7575
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SIXH vs. ACIO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) and Aptus Collared Income Opportunity ETF (ACIO). 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.


The current SIXH Sharpe Ratio is 0.71, which is comparable to the ACIO Sharpe Ratio of 0.88. The chart below compares the historical Sharpe Ratios of SIXH and ACIO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

SIXH vs. ACIO - Dividend Comparison

SIXH's dividend yield for the trailing twelve months is around 1.84%, more than ACIO's 0.44% yield.


TTM202420232022202120202019
SIXH
6 Meridian Hedged Equity-Index Option Strategy ETF
1.84%1.55%2.04%2.06%1.65%1.10%0.00%
ACIO
Aptus Collared Income Opportunity ETF
0.44%0.44%0.72%1.51%0.61%1.02%1.32%

Drawdowns

SIXH vs. ACIO - Drawdown Comparison

The maximum SIXH drawdown since its inception was -11.68%, smaller than the maximum ACIO drawdown of -14.19%. Use the drawdown chart below to compare losses from any high point for SIXH and ACIO. For additional features, visit the drawdowns tool.


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Volatility

SIXH vs. ACIO - Volatility Comparison

6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) and Aptus Collared Income Opportunity ETF (ACIO) have volatilities of 4.33% and 4.17%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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