SIXH vs. THNQ
SIXH (6 Meridian Hedged Equity-Index Option Strategy ETF) and THNQ (ROBO Global Artificial Intelligence ETF) are both exchange-traded funds - SIXH is a Volatility Hedged Equity fund actively managed by Exchange Traded Concepts, while THNQ is a Technology Equities fund tracking the ROBO Global Artificial Intelligence Index. SIXH is actively managed, while THNQ is passively managed. Over the past 5 years, SIXH returned 9.57%/yr vs 14.80%/yr for THNQ. At a 0.19 correlation, their price movements are largely independent. SIXH charges 0.87%/yr vs 0.68%/yr for THNQ.
Performance
SIXH vs. THNQ - Performance Comparison
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Returns By Period
In the year-to-date period, SIXH achieves a 9.84% return, which is significantly lower than THNQ's 35.01% return.
SIXH
- 1D
- -0.24%
- 1M
- 1.07%
- YTD
- 9.84%
- 6M
- 9.57%
- 1Y
- 13.13%
- 3Y*
- 13.26%
- 5Y*
- 9.57%
- 10Y*
- —
THNQ
- 1D
- -0.80%
- 1M
- 1.18%
- YTD
- 35.01%
- 6M
- 32.43%
- 1Y
- 60.97%
- 3Y*
- 34.74%
- 5Y*
- 14.80%
- 10Y*
- —
SIXH vs. THNQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SIXH 6 Meridian Hedged Equity-Index Option Strategy ETF | 9.84% | 9.47% | 12.06% | 4.93% | 6.90% | 18.37% | 6.49% |
THNQ ROBO Global Artificial Intelligence ETF | 35.01% | 29.83% | 18.82% | 56.81% | -39.84% | 9.10% | 60.92% |
Correlation
The correlation between SIXH and THNQ is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since May 11, 2020 | 0.19 |
The correlation between SIXH and THNQ shifts across timeframes, from -0.12 (1 year) to 0.19 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SIXH vs. THNQ — Risk / Return Rank
SIXH
THNQ
SIXH vs. THNQ - 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 Artificial Intelligence ETF (THNQ). 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 | THNQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.35 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.02 | 3.33 | -0.31 |
| Martin ratioReturn relative to average drawdown | 7.67 | 10.48 | -2.81 |
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Drawdowns
SIXH vs. THNQ - Drawdown Comparison
The maximum SIXH drawdown since its inception was -11.68%, smaller than the maximum THNQ drawdown of -50.56%. Use the drawdown chart below to compare losses from any high point for SIXH and THNQ.
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Drawdown Indicators
| SIXH | THNQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.68% | -50.56% | +38.88% |
Max Drawdown (1Y)Largest decline over 1 year | -4.36% | -18.39% | +14.03% |
Max Drawdown (3Y)Largest decline over 3 years | -9.10% | -29.88% | +20.78% |
Max Drawdown (5Y)Largest decline over 5 years | -11.68% | -50.56% | +38.88% |
Current DrawdownCurrent decline from peak | -0.26% | -8.34% | +8.08% |
Average DrawdownAverage peak-to-trough decline | -1.84% | -14.99% | +13.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.72% | 5.83% | -4.11% |
Volatility
SIXH vs. THNQ - Volatility Comparison
The current volatility for 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) is 2.30%, while ROBO Global Artificial Intelligence ETF (THNQ) has a volatility of 12.91%. This indicates that SIXH experiences smaller price fluctuations and is considered to be less risky than THNQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SIXH | THNQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.30% | 12.91% | -10.61% |
Volatility (6M)Calculated over the trailing 6-month period | 6.08% | 23.01% | -16.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.67% | 28.51% | -20.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.37% | 29.48% | -19.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.12% | 28.88% | -18.76% |
SIXH vs. THNQ - Expense Ratio Comparison
SIXH has a 0.87% expense ratio, which is higher than THNQ's 0.68% expense ratio.
Dividends
SIXH vs. THNQ - Dividend Comparison
SIXH's dividend yield for the trailing twelve months is around 1.85%, more than THNQ's 0.15% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
SIXH 6 Meridian Hedged Equity-Index Option Strategy ETF | 1.85% | 2.23% | 1.55% | 2.04% | 2.06% | 1.65% | 1.10% |
THNQ ROBO Global Artificial Intelligence ETF | 0.15% | 0.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SIXH and THNQ have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
THNQ has higher volatility (12.91%) compared to SIXH (2.30%). In terms of maximum drawdown, SIXH dropped -11.68% vs THNQ's -50.56%.
On 5-year performance, THNQ leads with 14.80% vs 9.57% for SIXH. On fees, THNQ is cheaper at 0.68% per year. On volatility, SIXH has been the lower-risk option at 2.30%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, THNQ has performed better with a 14.80% return vs 9.57%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
THNQ 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 0.15% for THNQ.
SIXH is categorized as Volatility Hedged Equity, while THNQ is Technology Equities. Their fees differ too: 0.87% for SIXH and 0.68% for THNQ.
THNQ currently has the higher Sharpe Ratio (2.16 vs 1.72), 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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