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SIXH vs. QLV
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

SIXH vs. QLV - 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 FlexShares US Quality Low Volatility Index Fund (QLV). The values are adjusted to include any dividend payments, if applicable.

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SIXH vs. QLV - Yearly Performance Comparison


2026 (YTD)202520242023202220212020
SIXH
6 Meridian Hedged Equity-Index Option Strategy ETF
7.67%9.47%12.06%4.93%6.90%18.37%5.83%
QLV
FlexShares US Quality Low Volatility Index Fund
0.10%12.28%18.08%13.71%-9.97%26.08%21.09%

Returns By Period

In the year-to-date period, SIXH achieves a 7.67% return, which is significantly higher than QLV's 0.10% return.


SIXH

1D
1.20%
1M
-1.92%
YTD
7.67%
6M
10.05%
1Y
9.49%
3Y*
12.61%
5Y*
10.22%
10Y*

QLV

1D
1.54%
1M
-3.92%
YTD
0.10%
6M
0.74%
1Y
10.86%
3Y*
13.76%
5Y*
10.52%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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SIXH vs. QLV - Expense Ratio Comparison

SIXH has a 0.87% expense ratio, which is higher than QLV's 0.22% expense ratio.


Return for Risk

SIXH vs. QLV — Risk / Return Rank

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

SIXH
SIXH Risk / Return Rank: 5151
Overall Rank
SIXH Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
SIXH Sortino Ratio Rank: 4848
Sortino Ratio Rank
SIXH Omega Ratio Rank: 5353
Omega Ratio Rank
SIXH Calmar Ratio Rank: 4949
Calmar Ratio Rank
SIXH Martin Ratio Rank: 5454
Martin Ratio Rank

QLV
QLV Risk / Return Rank: 5252
Overall Rank
QLV Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
QLV Sortino Ratio Rank: 5050
Sortino Ratio Rank
QLV Omega Ratio Rank: 5353
Omega Ratio Rank
QLV Calmar Ratio Rank: 4747
Calmar Ratio Rank
QLV Martin Ratio Rank: 6363
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. QLV - 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 FlexShares US Quality Low Volatility Index Fund (QLV). 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.


SIXHQLVDifference

Sharpe ratio

Return per unit of total volatility

0.87

0.86

+0.01

Sortino ratio

Return per unit of downside risk

1.27

1.31

-0.03

Omega ratio

Gain probability vs. loss probability

1.19

1.19

0.00

Calmar ratio

Return relative to maximum drawdown

1.21

1.19

+0.02

Martin ratio

Return relative to average drawdown

5.09

6.18

-1.09

SIXH vs. QLV - Sharpe Ratio Comparison

The current SIXH Sharpe Ratio is 0.87, which is comparable to the QLV Sharpe Ratio of 0.86. The chart below compares the historical Sharpe Ratios of SIXH and QLV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


SIXHQLVDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.87

0.86

+0.01

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.99

0.83

+0.16

Sharpe Ratio (All Time)

Calculated using the full available price history

1.09

0.65

+0.44

Correlation

The correlation between SIXH and QLV is 0.56, 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.


Dividends

SIXH vs. QLV - Dividend Comparison

SIXH's dividend yield for the trailing twelve months is around 1.84%, more than QLV's 1.60% yield.


TTM2025202420232022202120202019
SIXH
6 Meridian Hedged Equity-Index Option Strategy ETF
1.84%2.23%1.55%2.04%2.06%1.65%1.10%0.00%
QLV
FlexShares US Quality Low Volatility Index Fund
1.60%1.60%1.66%1.60%1.74%0.96%1.24%0.58%

Drawdowns

SIXH vs. QLV - Drawdown Comparison

The maximum SIXH drawdown since its inception was -11.68%, smaller than the maximum QLV drawdown of -33.71%. Use the drawdown chart below to compare losses from any high point for SIXH and QLV.


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Drawdown Indicators


SIXHQLVDifference

Max Drawdown

Largest peak-to-trough decline

-11.68%

-33.71%

+22.03%

Max Drawdown (1Y)

Largest decline over 1 year

-8.58%

-9.75%

+1.17%

Max Drawdown (5Y)

Largest decline over 5 years

-11.68%

-17.93%

+6.25%

Current Drawdown

Current decline from peak

-1.99%

-4.29%

+2.30%

Average Drawdown

Average peak-to-trough decline

-1.84%

-4.08%

+2.24%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.09%

1.88%

+0.21%

Volatility

SIXH vs. QLV - Volatility Comparison

6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) and FlexShares US Quality Low Volatility Index Fund (QLV) have volatilities of 3.04% and 3.18%, 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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Volatility by Period


SIXHQLVDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.04%

3.18%

-0.14%

Volatility (6M)

Calculated over the trailing 6-month period

5.60%

5.81%

-0.21%

Volatility (1Y)

Calculated over the trailing 1-year period

10.99%

12.74%

-1.75%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.33%

12.73%

-2.40%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

10.17%

16.75%

-6.58%