SIXH vs. SHUS

Last updated Aug 4, 2026

SIXH (6 Meridian Hedged Equity-Index Option Strategy ETF) and SHUS (Stratified LargeCap Hedged ETF) are both Equity Hedged funds from Exchange Traded Concepts. Both are actively managed. Over the past year, SIXH returned 15.22% vs 18.95% for SHUS. Their 0.49 correlation means their historical movements had little consistent relationship. SIXH charges 0.87%/yr vs 0.79%/yr for SHUS.

Performance

SIXH vs. SHUS - 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 Stratified LargeCap Hedged ETF (SHUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with SIXH having a 11.60% return and SHUS slightly higher at 11.99%.

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%

SHUS

• 1D: 0.74%
• 1M: 0.95%
• 6M: 8.10%
• YTD: 11.99%
• 1Y: 18.95%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 10.87%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SHUS Stratified LargeCap Hedged ETF	$376.99	$481.64	$2.74K
SIXH 6 Meridian Hedged Equity-Index Option Strategy ETF	$1.56M	$1.08M	$613.75K

SIXH vs. SHUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SIXH 6 Meridian Hedged Equity-Index Option Strategy ETF	11.60%	9.47%	-0.64%
SHUS Stratified LargeCap Hedged ETF	11.99%	10.89%	-2.65%

Correlation

The correlation between SIXH and SHUS is 0.48, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.48
Correlation (All Time) Calculated using the full available price history since Sep 30, 2024	0.49

Return for Risk

SIXH vs. SHUS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SIXH

SIXH Risk / Return Rank: 80
SIXH Sharpe Ratio Rank: 80
SIXH Sortino Ratio Rank: 87
SIXH Omega Ratio Rank: 78
SIXH Calmar Ratio Rank: 86
SIXH Martin Ratio Rank: 69

SHUS

SHUS Risk / Return Rank: 76
SHUS Sharpe Ratio Rank: 77
SHUS Sortino Ratio Rank: 80
SHUS Omega Ratio Rank: 75
SHUS Calmar Ratio Rank: 73
SHUS Martin Ratio Rank: 74

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SIXH vs. SHUS - 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 Stratified LargeCap Hedged ETF (SHUS). 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	SHUS	Difference
Sharpe ratio: Return per unit of total volatility	1.94	1.89	+0.05
Sortino ratio: Return per unit of downside risk	3.04	2.77	+0.27
Omega ratio: Gain probability vs. loss probability	1.34	1.34	+0.01
Calmar ratio: Return relative to maximum drawdown	3.50	2.74	+0.76
Martin ratio: Return relative to average drawdown	8.88	9.87	-0.99

SIXH vs. SHUS - Sharpe Ratio Comparison

The current SIXH Sharpe Ratio is 1.94, which is comparable to the SHUS Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of SIXH and SHUS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SIXH vs. SHUS - Drawdown Comparison

The maximum SIXH drawdown since its inception was -11.68%, smaller than the maximum SHUS drawdown of -14.09%. Use the drawdown chart below to compare losses from any high point for SIXH and SHUS.

Drawdown Indicators

	SIXH	SHUS	Difference
Max Drawdown Largest peak-to-trough decline	-11.68%	-14.09%	+2.41%
Max Drawdown (1Y) Largest decline over 1 year	-4.36%	-6.95%	+2.59%
Max Drawdown (3Y) Largest decline over 3 years	-9.10%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-11.68%	—	—
Current Drawdown Current decline from peak	-1.82%	-0.33%	-1.49%
Average Drawdown Average peak-to-trough decline	-1.82%	-2.47%	+0.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.72%	1.92%	-0.20%

Volatility

SIXH vs. SHUS - Volatility Comparison

The current volatility for 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) is 2.40%, while Stratified LargeCap Hedged ETF (SHUS) has a volatility of 2.87%. This indicates that SIXH experiences smaller price fluctuations and is considered to be less risky than SHUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SIXH	SHUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.40%	2.87%	-0.47%
Volatility (6M) Calculated over the trailing 6-month period	6.23%	7.39%	-1.16%
Volatility (1Y) Calculated over the trailing 1-year period	7.89%	10.09%	-2.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.39%	12.41%	-2.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.09%	12.41%	-2.32%

SIXH vs. SHUS - Expense Ratio Comparison

SIXH has a 0.87% expense ratio, which is higher than SHUS's 0.79% expense ratio.

Dividends

SIXH vs. SHUS - Dividend Comparison

SIXH's dividend yield for the trailing twelve months is around 1.83%, more than SHUS's 1.23% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
SHUS Stratified LargeCap Hedged ETF	1.23%	1.37%	0.26%	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

Can I hold both SIXH and SHUS in my portfolio?

SIXH and SHUS have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SIXH or SHUS?

SHUS has higher volatility (2.87%) compared to SIXH (2.40%). In terms of maximum drawdown, SIXH dropped -11.68% vs SHUS's -14.09%.

Which ETF is better, SIXH or SHUS?

On 1-year performance, SHUS leads with 18.95% vs 15.22% for SIXH. On fees, SHUS is cheaper at 0.79% per year. On volatility, SIXH has been the lower-risk option at 2.40%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SIXH or SHUS?

Over the 1-year period, SHUS has performed better with a 18.95% return vs 15.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SIXH or SHUS?

SHUS is cheaper with a 0.79% expense ratio, compared with 0.87% for SIXH.

Which ETF pays a higher dividend yield, SIXH or SHUS?

SIXH has the higher dividend yield at 1.83%, compared with 1.23% for SHUS.

What is the main difference between SIXH and SHUS?

Their fees differ too: 0.87% for SIXH and 0.79% for SHUS.

Which has better risk-adjusted returns?

SIXH currently has the higher Sharpe Ratio (1.94 vs 1.89), 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.