SIXH vs. HEDG
SIXH (6 Meridian Hedged Equity-Index Option Strategy ETF) and HEDG (Equable Shares Hedged Equity ETF) are both Equity Hedged funds. SIXH is actively managed, while HEDG is passively managed. Their 0.17 correlation means their historical movements had little consistent relationship. SIXH charges 0.87%/yr vs 0.96%/yr for HEDG.
Performance
SIXH vs. HEDG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SIXH achieves a 11.60% return, which is significantly higher than HEDG's 4.64% return.
SIXH
- 1D
- -0.19%
- 1M
- 1.06%
- 6M
- 6.10%
- YTD
- 11.60%
- 1Y
- 15.22%
- 3Y*
- 13.11%
- 5Y*
- 9.52%
- 10Y*
- —
- ALL TIME*
- 11.19%
HEDG
- 1D
- 0.50%
- 1M
- 1.30%
- 6M
- 3.46%
- YTD
- 4.64%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $885.06K | $870.54K | $1.20M | |
| $1.56M | $1.08M | $613.75K |
SIXH vs. HEDG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SIXH 6 Meridian Hedged Equity-Index Option Strategy ETF | 11.60% | 3.47% |
HEDG Equable Shares Hedged Equity ETF | 4.64% | 3.20% |
Correlation
The correlation between SIXH and HEDG is 0.17, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 13, 2025 | 0.17 |
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. HEDG — Risk / Return Rank
SIXH
HEDG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SIXH vs. HEDG - 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 Equable Shares Hedged Equity ETF (HEDG). 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 | HEDG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.34 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.50 | — | — |
| Martin ratioReturn relative to average drawdown | 8.88 | — | — |
Loading charts...
Drawdowns
SIXH vs. HEDG - Drawdown Comparison
The maximum SIXH drawdown since its inception was -11.68%, which is greater than HEDG's maximum drawdown of -3.85%. Use the drawdown chart below to compare losses from any high point for SIXH and HEDG.
Loading charts...
Drawdown Indicators
| SIXH | HEDG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.68% | -3.85% | -7.83% |
Max Drawdown (1Y)Largest decline over 1 year | -4.36% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -9.10% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -11.68% | — | — |
Current DrawdownCurrent decline from peak | -1.82% | 0.00% | -1.82% |
Average DrawdownAverage peak-to-trough decline | -1.82% | -0.38% | -1.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.72% | — | — |
Volatility
SIXH vs. HEDG - Volatility Comparison
Loading charts...
Volatility by Period
| SIXH | HEDG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.40% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 6.23% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 7.89% | 5.80% | +2.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.39% | 5.80% | +4.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.09% | 5.80% | +4.29% |
SIXH vs. HEDG - Expense Ratio Comparison
SIXH has a 0.87% expense ratio, which is lower than HEDG's 0.96% expense ratio.
Dividends
SIXH vs. HEDG - Dividend Comparison
SIXH's dividend yield for the trailing twelve months is around 1.83%, less than HEDG's 2.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
HEDG Equable Shares Hedged Equity ETF | 2.30% | 1.38% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SIXH 6 Meridian Hedged Equity-Index Option Strategy ETF | 1.83% | 2.23% | 1.55% | 2.04% | 2.06% | 1.65% | 1.10% |
Frequently Asked Questions
SIXH and HEDG have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SIXH is cheaper at 0.87% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SIXH is cheaper with a 0.87% expense ratio, compared with 0.96% for HEDG.
HEDG has the higher dividend yield at 2.30%, compared with 1.83% for SIXH.
They also come from different issuers: Exchange Traded Concepts and Equable Shares. Their fees differ too: 0.87% for SIXH and 0.96% for HEDG.
Find the right allocation for SIXH and HEDG
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