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SIXH vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

SIXH vs. VOO - 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 Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
5.70%
12.17%
SIXH
VOO

Returns By Period

In the year-to-date period, SIXH achieves a 14.20% return, which is significantly lower than VOO's 25.48% return.


SIXH

YTD

14.20%

1M

-0.48%

6M

5.54%

1Y

16.10%

5Y (annualized)

N/A

10Y (annualized)

N/A

VOO

YTD

25.48%

1M

0.99%

6M

11.84%

1Y

31.84%

5Y (annualized)

15.62%

10Y (annualized)

13.15%

Key characteristics


SIXHVOO
Sharpe Ratio2.692.69
Sortino Ratio3.893.59
Omega Ratio1.541.50
Calmar Ratio6.763.89
Martin Ratio22.7517.64
Ulcer Index0.70%1.86%
Daily Std Dev5.94%12.20%
Max Drawdown-11.68%-33.99%
Current Drawdown-0.61%-1.40%

Compare stocks, funds, or ETFs

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SIXH vs. VOO - Expense Ratio Comparison

SIXH has a 0.87% expense ratio, which is higher than VOO's 0.03% expense ratio.


SIXH
6 Meridian Hedged Equity-Index Option Strategy ETF
Expense ratio chart for SIXH: current value at 0.87% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.87%
Expense ratio chart for VOO: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Correlation

-0.50.00.51.00.5

The correlation between SIXH and VOO is 0.51, 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.

Risk-Adjusted Performance

SIXH vs. VOO - 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 Vanguard S&P 500 ETF (VOO). 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.


Sharpe ratio
The chart of Sharpe ratio for SIXH, currently valued at 2.69, compared to the broader market0.002.004.006.002.692.69
The chart of Sortino ratio for SIXH, currently valued at 3.89, compared to the broader market-2.000.002.004.006.008.0010.0012.003.893.59
The chart of Omega ratio for SIXH, currently valued at 1.54, compared to the broader market0.501.001.502.002.503.001.541.50
The chart of Calmar ratio for SIXH, currently valued at 6.76, compared to the broader market0.005.0010.0015.006.763.89
The chart of Martin ratio for SIXH, currently valued at 22.75, compared to the broader market0.0020.0040.0060.0080.00100.00120.0022.7517.64
SIXH
VOO

The current SIXH Sharpe Ratio is 2.69, which is comparable to the VOO Sharpe Ratio of 2.69. The chart below compares the historical Sharpe Ratios of SIXH and VOO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.69
2.69
SIXH
VOO

Dividends

SIXH vs. VOO - Dividend Comparison

SIXH's dividend yield for the trailing twelve months is around 1.52%, more than VOO's 1.25% yield.


TTM20232022202120202019201820172016201520142013
SIXH
6 Meridian Hedged Equity-Index Option Strategy ETF
1.52%2.04%2.07%1.65%1.10%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VOO
Vanguard S&P 500 ETF
1.25%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

SIXH vs. VOO - Drawdown Comparison

The maximum SIXH drawdown since its inception was -11.68%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for SIXH and VOO. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.61%
-1.40%
SIXH
VOO

Volatility

SIXH vs. VOO - Volatility Comparison

The current volatility for 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) is 1.60%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.10%. This indicates that SIXH experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
1.60%
4.10%
SIXH
VOO