SIXH vs. FTHI
Compare and contrast key facts about 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) and First Trust BuyWrite Income ETF (FTHI).
SIXH and FTHI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SIXH is an actively managed fund by Exchange Traded Concepts. It was launched on May 11, 2020. FTHI is an actively managed fund by First Trust. It was launched on Jan 6, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SIXH or FTHI.
Correlation
The correlation between SIXH and FTHI is 0.50, 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. FTHI - Performance Comparison
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Key characteristics
SIXH:
0.60
FTHI:
0.49
SIXH:
0.91
FTHI:
0.79
SIXH:
1.14
FTHI:
1.13
SIXH:
0.78
FTHI:
0.49
SIXH:
3.64
FTHI:
2.09
SIXH:
1.94%
FTHI:
3.75%
SIXH:
11.61%
FTHI:
16.07%
SIXH:
-11.68%
FTHI:
-32.65%
SIXH:
-4.23%
FTHI:
-4.87%
Returns By Period
In the year-to-date period, SIXH achieves a 3.42% return, which is significantly higher than FTHI's -2.23% return.
SIXH
3.42%
2.53%
1.71%
6.94%
10.64%
N/A
FTHI
-2.23%
5.78%
-2.93%
7.78%
11.72%
7.05%
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SIXH vs. FTHI - Expense Ratio Comparison
SIXH has a 0.87% expense ratio, which is higher than FTHI's 0.85% expense ratio.
Risk-Adjusted Performance
SIXH vs. FTHI — Risk-Adjusted Performance Rank
SIXH
FTHI
SIXH vs. FTHI - 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 First Trust BuyWrite Income ETF (FTHI). 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.
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Dividends
SIXH vs. FTHI - Dividend Comparison
SIXH's dividend yield for the trailing twelve months is around 1.86%, less than FTHI's 9.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SIXH 6 Meridian Hedged Equity-Index Option Strategy ETF | 1.86% | 1.55% | 2.04% | 2.06% | 1.65% | 1.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FTHI First Trust BuyWrite Income ETF | 9.23% | 8.61% | 8.50% | 9.06% | 4.37% | 4.76% | 4.21% | 4.76% | 4.00% | 4.41% | 4.98% | 3.96% |
Drawdowns
SIXH vs. FTHI - Drawdown Comparison
The maximum SIXH drawdown since its inception was -11.68%, smaller than the maximum FTHI drawdown of -32.65%. Use the drawdown chart below to compare losses from any high point for SIXH and FTHI. For additional features, visit the drawdowns tool.
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Volatility
SIXH vs. FTHI - Volatility Comparison
6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) and First Trust BuyWrite Income ETF (FTHI) have volatilities of 4.46% and 4.36%, 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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