SIXL vs. MIDE

Last updated Apr 1, 2026

Compare and contrast key facts about ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) and Xtrackers S&P MidCap 400 ESG ETF (MIDE).

SIXL and MIDE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SIXL is an actively managed fund by Exchange Traded Concepts. It was launched on May 11, 2020. MIDE is a passively managed fund by Deutsche Bank that tracks the performance of the S&P MidCap 400 ESG Index. It was launched on Feb 24, 2021.

Performance

SIXL vs. MIDE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) and Xtrackers S&P MidCap 400 ESG ETF (MIDE). The values are adjusted to include any dividend payments, if applicable.

SIXL vs. MIDE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SIXL ETC 6 Meridian Low Beta Equity Strategy ETF	4.48%	-0.61%	14.13%	2.38%	-7.49%	12.13%
MIDE Xtrackers S&P MidCap 400 ESG ETF	1.75%	9.81%	11.21%	15.20%	-11.63%	11.77%

Returns By Period

In the year-to-date period, SIXL achieves a 4.48% return, which is significantly higher than MIDE's 1.75% return.

SIXL

• 1D: 0.42%
• 1M: -4.69%
• YTD: 4.48%
• 6M: 2.87%
• 1Y: 2.42%
• 3Y*: 7.20%
• 5Y*: 4.17%
• 10Y*: —

MIDE

• 1D: 2.47%
• 1M: -5.36%
• YTD: 1.75%
• 6M: 5.05%
• 1Y: 18.57%
• 3Y*: 11.64%
• 5Y*: 6.52%
• 10Y*: —

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

SIXL vs. MIDE - Expense Ratio Comparison

SIXL has a 0.47% expense ratio, which is higher than MIDE's 0.15% expense ratio.

SIXL

ETC 6 Meridian Low Beta Equity Strategy ETF

MIDE

Xtrackers S&P MidCap 400 ESG ETF

Return for Risk

SIXL vs. MIDE — Risk / Return Rank

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

SIXL

SIXL Risk / Return Rank: 17
SIXL Sharpe Ratio Rank: 17
SIXL Sortino Ratio Rank: 15
SIXL Omega Ratio Rank: 15
SIXL Calmar Ratio Rank: 19
SIXL Martin Ratio Rank: 20

MIDE

MIDE Risk / Return Rank: 51
MIDE Sharpe Ratio Rank: 48
MIDE Sortino Ratio Rank: 51
MIDE Omega Ratio Rank: 49
MIDE Calmar Ratio Rank: 50
MIDE Martin Ratio Rank: 55

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.

SIXL vs. MIDE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) and Xtrackers S&P MidCap 400 ESG ETF (MIDE). 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.

	SIXL	MIDE	Difference
Sharpe ratio Return per unit of total volatility	0.20	0.88	-0.68
Sortino ratio Return per unit of downside risk	0.36	1.36	-1.00
Omega ratio Gain probability vs. loss probability	1.05	1.19	-0.14
Calmar ratio Return relative to maximum drawdown	0.37	1.30	-0.93
Martin ratio Return relative to average drawdown	1.19	5.42	-4.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SIXL vs. MIDE - Sharpe Ratio Comparison

The current SIXL Sharpe Ratio is 0.20, which is lower than the MIDE Sharpe Ratio of 0.88. The chart below compares the historical Sharpe Ratios of SIXL and MIDE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SIXL	MIDE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.20	0.88	-0.68
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.34	0.33	+0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.66	0.36	+0.30

Correlation

The correlation between SIXL and MIDE is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

SIXL vs. MIDE - Dividend Comparison

SIXL's dividend yield for the trailing twelve months is around 2.37%, more than MIDE's 1.48% yield.

	TTM	2025	2024	2023	2022	2021	2020
SIXL ETC 6 Meridian Low Beta Equity Strategy ETF	2.37%	2.31%	1.28%	1.48%	1.45%	0.67%	0.40%
MIDE Xtrackers S&P MidCap 400 ESG ETF	1.48%	1.52%	1.45%	1.36%	1.33%	0.93%	0.00%

Drawdowns

SIXL vs. MIDE - Drawdown Comparison

The maximum SIXL drawdown since its inception was -16.08%, smaller than the maximum MIDE drawdown of -24.59%. Use the drawdown chart below to compare losses from any high point for SIXL and MIDE.

Drawdown Indicators

	SIXL	MIDE	Difference
Max Drawdown Largest peak-to-trough decline	-16.08%	-24.59%	+8.51%
Max Drawdown (1Y) Largest decline over 1 year	-8.63%	-14.54%	+5.91%
Max Drawdown (5Y) Largest decline over 5 years	-16.08%	-24.59%	+8.51%
Current Drawdown Current decline from peak	-5.07%	-6.73%	+1.66%
Average Drawdown Average peak-to-trough decline	-4.60%	-6.67%	+2.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.66%	3.48%	-0.82%

Volatility

SIXL vs. MIDE - Volatility Comparison

The current volatility for ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) is 3.02%, while Xtrackers S&P MidCap 400 ESG ETF (MIDE) has a volatility of 6.31%. This indicates that SIXL experiences smaller price fluctuations and is considered to be less risky than MIDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SIXL	MIDE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.02%	6.31%	-3.29%
Volatility (6M) Calculated over the trailing 6-month period	6.76%	11.89%	-5.13%
Volatility (1Y) Calculated over the trailing 1-year period	12.15%	21.22%	-9.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.14%	19.69%	-7.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.64%	19.80%	-7.16%