SIXH vs. LSAT
Compare and contrast key facts about 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) and Leadershares Alphafactor Tactical Focused ETF (LSAT).
SIXH and LSAT 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. LSAT is an actively managed fund by Redwood Investment Management. It was launched on Oct 27, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SIXH or LSAT.
Key characteristics
| SIXH | LSAT | |
|---|---|---|
| YTD Return | 14.14% | 22.77% |
| 1Y Return | 15.95% | 30.20% |
| 3Y Return (Ann) | 9.35% | 7.05% |
| Sharpe Ratio | 2.70 | 2.60 |
| Sortino Ratio | 3.92 | 3.65 |
| Omega Ratio | 1.54 | 1.45 |
| Calmar Ratio | 6.74 | 3.53 |
| Martin Ratio | 22.72 | 15.74 |
| Ulcer Index | 0.70% | 2.14% |
| Daily Std Dev | 5.90% | 12.98% |
| Max Drawdown | -11.68% | -20.48% |
| Current Drawdown | -0.59% | -0.76% |
Correlation
The correlation between SIXH and LSAT is 0.52, 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. LSAT - Performance Comparison
In the year-to-date period, SIXH achieves a 14.14% return, which is significantly lower than LSAT's 22.77% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SIXH vs. LSAT - Expense Ratio Comparison
SIXH has a 0.87% expense ratio, which is lower than LSAT's 0.99% expense ratio.
Risk-Adjusted Performance
SIXH vs. LSAT - 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 Leadershares Alphafactor Tactical Focused ETF (LSAT). 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.
Dividends
SIXH vs. LSAT - Dividend Comparison
SIXH's dividend yield for the trailing twelve months is around 1.52%, which matches LSAT's 1.51% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
SIXH 6 Meridian Hedged Equity-Index Option Strategy ETF | 1.52% | 2.04% | 2.07% | 1.65% | 1.10% |
LSAT Leadershares Alphafactor Tactical Focused ETF | 1.51% | 1.85% | 0.36% | 3.44% | 0.31% |
Drawdowns
SIXH vs. LSAT - Drawdown Comparison
The maximum SIXH drawdown since its inception was -11.68%, smaller than the maximum LSAT drawdown of -20.48%. Use the drawdown chart below to compare losses from any high point for SIXH and LSAT. For additional features, visit the drawdowns tool.
Volatility
SIXH vs. LSAT - Volatility Comparison
The current volatility for 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) is 1.63%, while Leadershares Alphafactor Tactical Focused ETF (LSAT) has a volatility of 3.94%. This indicates that SIXH experiences smaller price fluctuations and is considered to be less risky than LSAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.