SIXH vs. FTEC
SIXH (6 Meridian Hedged Equity-Index Option Strategy ETF) and FTEC (Fidelity MSCI Information Technology Index ETF) are both exchange-traded funds - SIXH is a Volatility Hedged Equity fund actively managed by Exchange Traded Concepts, while FTEC is a Technology Equities fund tracking the MSCI USA IMI Information Technology 25/50 Index. SIXH is actively managed, while FTEC is passively managed. Over the past 5 years, SIXH returned 9.57%/yr vs 19.62%/yr for FTEC. At a 0.22 correlation, their price movements are largely independent. SIXH charges 0.87%/yr vs 0.08%/yr for FTEC.
Performance
SIXH vs. FTEC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SIXH achieves a 9.84% return, which is significantly lower than FTEC's 22.66% return.
SIXH
- 1D
- -0.24%
- 1M
- 1.07%
- YTD
- 9.84%
- 6M
- 9.57%
- 1Y
- 13.13%
- 3Y*
- 13.26%
- 5Y*
- 9.57%
- 10Y*
- —
FTEC
- 1D
- -0.73%
- 1M
- -0.38%
- YTD
- 22.66%
- 6M
- 20.59%
- 1Y
- 43.89%
- 3Y*
- 30.26%
- 5Y*
- 19.62%
- 10Y*
- 25.18%
SIXH vs. FTEC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SIXH 6 Meridian Hedged Equity-Index Option Strategy ETF | 9.84% | 9.47% | 12.06% | 4.93% | 6.90% | 18.37% | 6.49% |
FTEC Fidelity MSCI Information Technology Index ETF | 22.66% | 22.11% | 29.40% | 53.30% | -29.59% | 30.49% | 41.48% |
Correlation
The correlation between SIXH and FTEC is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since May 11, 2020 | 0.22 |
The correlation between SIXH and FTEC shifts across timeframes, from -0.18 (1 year) to 0.22 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SIXH vs. FTEC — Risk / Return Rank
SIXH
FTEC
SIXH vs. FTEC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) and Fidelity MSCI Information Technology Index ETF (FTEC). 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.
| SIXH | FTEC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.22 | ||
| Sortino ratioReturn per unit of downside risk | +0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.33 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.02 | 2.71 | +0.31 |
| Martin ratioReturn relative to average drawdown | 7.67 | 8.29 | -0.62 |
Loading charts...
Drawdowns
SIXH vs. FTEC - Drawdown Comparison
The maximum SIXH drawdown since its inception was -11.68%, smaller than the maximum FTEC drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for SIXH and FTEC.
Loading charts...
Drawdown Indicators
| SIXH | FTEC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.68% | -34.95% | +23.27% |
Max Drawdown (1Y)Largest decline over 1 year | -4.36% | -16.26% | +11.90% |
Max Drawdown (3Y)Largest decline over 3 years | -9.10% | -27.30% | +18.20% |
Max Drawdown (5Y)Largest decline over 5 years | -11.68% | -34.95% | +23.27% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.95% | — |
Current DrawdownCurrent decline from peak | -0.26% | -8.39% | +8.13% |
Average DrawdownAverage peak-to-trough decline | -1.84% | -5.57% | +3.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.72% | 5.31% | -3.59% |
Volatility
SIXH vs. FTEC - Volatility Comparison
The current volatility for 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) is 2.30%, while Fidelity MSCI Information Technology Index ETF (FTEC) has a volatility of 11.39%. This indicates that SIXH experiences smaller price fluctuations and is considered to be less risky than FTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SIXH | FTEC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.30% | 11.39% | -9.09% |
Volatility (6M)Calculated over the trailing 6-month period | 6.08% | 18.57% | -12.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.67% | 22.79% | -15.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.37% | 25.60% | -15.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.12% | 24.86% | -14.74% |
SIXH vs. FTEC - Expense Ratio Comparison
SIXH has a 0.87% expense ratio, which is higher than FTEC's 0.08% expense ratio.
Dividends
SIXH vs. FTEC - Dividend Comparison
SIXH's dividend yield for the trailing twelve months is around 1.85%, more than FTEC's 0.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTEC Fidelity MSCI Information Technology Index ETF | 0.36% | 0.43% | 0.49% | 0.77% | 0.93% | 0.63% | 0.83% | 1.03% | 1.20% | 0.96% | 1.25% | 1.27% |
SIXH 6 Meridian Hedged Equity-Index Option Strategy ETF | 1.85% | 2.23% | 1.55% | 2.04% | 2.06% | 1.65% | 1.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SIXH and FTEC have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FTEC has higher volatility (11.39%) compared to SIXH (2.30%). In terms of maximum drawdown, SIXH dropped -11.68% vs FTEC's -34.95%.
On 5-year performance, FTEC leads with 19.62% vs 9.57% for SIXH. On fees, FTEC is cheaper at 0.08% per year. On volatility, SIXH has been the lower-risk option at 2.30%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, FTEC has performed better with a 19.62% return vs 9.57%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FTEC is cheaper with a 0.08% expense ratio, compared with 0.87% for SIXH.
SIXH has the higher dividend yield at 1.85%, compared with 0.36% for FTEC.
SIXH is categorized as Volatility Hedged Equity, while FTEC is Technology Equities. They also come from different issuers: Exchange Traded Concepts and Fidelity. Their fees differ too: 0.87% for SIXH and 0.08% for FTEC.
FTEC currently has the higher Sharpe Ratio (1.94 vs 1.72), 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.
Find the right allocation for SIXH and FTEC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer