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SIXH vs. HTEC
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

SIXH vs. HTEC - 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 ROBO Global Healthcare Technology and Innovation ETF (HTEC). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SIXH achieves a 10.10% return, which is significantly higher than HTEC's -0.55% return.


SIXH

1D
0.45%
1M
1.32%
YTD
10.10%
6M
10.25%
1Y
13.45%
3Y*
13.36%
5Y*
9.64%
10Y*

HTEC

1D
1.26%
1M
2.81%
YTD
-0.55%
6M
-2.52%
1Y
28.67%
3Y*
6.38%
5Y*
-5.86%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

SIXH vs. HTEC - Yearly Performance Comparison


2026 (YTD)202520242023202220212020
SIXH
6 Meridian Hedged Equity-Index Option Strategy ETF
10.10%9.47%12.06%4.93%6.90%18.37%6.49%
HTEC
ROBO Global Healthcare Technology and Innovation ETF
-0.55%23.91%2.68%-2.94%-33.72%-0.28%53.75%

Correlation

The correlation between SIXH and HTEC is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.18

Correlation (3Y)
Calculated over the trailing 3-year period

0.27

Correlation (5Y)
Calculated over the trailing 5-year period

0.32

Correlation (All Time)
Calculated using the full available price history since May 11, 2020

0.32

The correlation between SIXH and HTEC shifts across timeframes, from 0.18 (1 year) to 0.32 (5 years), reflecting how their relationship changes across market environments.

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Return for Risk

SIXH vs. HTEC — Risk / Return Rank

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

SIXH
SIXH Risk / Return Rank: 5757
Overall Rank
SIXH Sharpe Ratio Rank: 5656
Sharpe Ratio Rank
SIXH Sortino Ratio Rank: 6363
Sortino Ratio Rank
SIXH Omega Ratio Rank: 5353
Omega Ratio Rank
SIXH Calmar Ratio Rank: 6666
Calmar Ratio Rank
SIXH Martin Ratio Rank: 4949
Martin Ratio Rank

HTEC
HTEC Risk / Return Rank: 3838
Overall Rank
HTEC Sharpe Ratio Rank: 4141
Sharpe Ratio Rank
HTEC Sortino Ratio Rank: 4343
Sortino Ratio Rank
HTEC Omega Ratio Rank: 3737
Omega Ratio Rank
HTEC Calmar Ratio Rank: 3737
Calmar Ratio Rank
HTEC Martin Ratio Rank: 3131
Martin Ratio Rank
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.

SIXH vs. HTEC - 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 ROBO Global Healthcare Technology and Innovation ETF (HTEC). 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.


SIXHHTECDifference
Sharpe ratioReturn per unit of total volatility

+0.39

Sortino ratioReturn per unit of downside risk

+0.67

Omega ratioGain probability vs. loss probability

1.31

1.24

+0.08

Calmar ratioReturn relative to maximum drawdown

3.09

1.77

+1.33

Martin ratioReturn relative to average drawdown

7.85

4.22

+3.63

SIXH vs. HTEC - Sharpe Ratio Comparison

The current SIXH Sharpe Ratio is 1.76, which is comparable to the HTEC Sharpe Ratio of 1.38. The chart below compares the historical Sharpe Ratios of SIXH and HTEC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

SIXH vs. HTEC - Drawdown Comparison

The maximum SIXH drawdown since its inception was -11.68%, smaller than the maximum HTEC drawdown of -57.53%. Use the drawdown chart below to compare losses from any high point for SIXH and HTEC.


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Drawdown Indicators


SIXHHTECDifference

Max Drawdown

Largest peak-to-trough decline

-11.68%

-57.53%

+45.85%

Max Drawdown (1Y)

Largest decline over 1 year

-4.36%

-16.31%

+11.95%

Max Drawdown (3Y)

Largest decline over 3 years

-9.10%

-28.67%

+19.57%

Max Drawdown (5Y)

Largest decline over 5 years

-11.68%

-56.10%

+44.42%

Current Drawdown

Current decline from peak

-0.02%

-31.59%

+31.57%

Average Drawdown

Average peak-to-trough decline

-1.84%

-29.00%

+27.16%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.72%

6.81%

-5.09%

Volatility

SIXH vs. HTEC - Volatility Comparison

The current volatility for 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) is 2.29%, while ROBO Global Healthcare Technology and Innovation ETF (HTEC) has a volatility of 6.74%. This indicates that SIXH experiences smaller price fluctuations and is considered to be less risky than HTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


SIXHHTECDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.29%

6.74%

-4.45%

Volatility (6M)

Calculated over the trailing 6-month period

6.08%

15.77%

-9.69%

Volatility (1Y)

Calculated over the trailing 1-year period

7.67%

20.92%

-13.25%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.37%

24.50%

-14.13%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

10.12%

25.46%

-15.34%

SIXH vs. HTEC - Expense Ratio Comparison

SIXH has a 0.87% expense ratio, which is higher than HTEC's 0.68% expense ratio.


Dividends

SIXH vs. HTEC - Dividend Comparison

SIXH's dividend yield for the trailing twelve months is around 1.85%, more than HTEC's 0.99% yield.


PositionTTM202520242023202220212020
HTEC
ROBO Global Healthcare Technology and Innovation ETF
0.99%0.98%0.00%0.00%0.00%0.05%0.00%
SIXH
6 Meridian Hedged Equity-Index Option Strategy ETF
1.85%2.23%1.55%2.04%2.06%1.65%1.10%

Frequently Asked Questions


SIXH and HTEC 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.

HTEC has higher volatility (6.74%) compared to SIXH (2.29%). In terms of maximum drawdown, SIXH dropped -11.68% vs HTEC's -57.53%.

On 5-year performance, SIXH leads with 9.64% vs -5.86% for HTEC. On fees, HTEC is cheaper at 0.68% per year. On volatility, SIXH has been the lower-risk option at 2.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, SIXH has performed better with a 9.64% return vs -5.86%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

HTEC is cheaper with a 0.68% expense ratio, compared with 0.87% for SIXH.

SIXH has the higher dividend yield at 1.85%, compared with 0.99% for HTEC.

SIXH is categorized as Volatility Hedged Equity, while HTEC is Health & Biotech Equities. Their fees differ too: 0.87% for SIXH and 0.68% for HTEC.

SIXH currently has the higher Sharpe Ratio (1.76 vs 1.38), 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.

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