SIXL vs. SPMD
Compare and contrast key facts about ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) and SPDR Portfolio S&P 400 Mid Cap ETF (SPMD).
SIXL and SPMD 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. SPMD is a passively managed fund by State Street that tracks the performance of the S&P MidCap 400 Index. It was launched on Nov 8, 2005.
Performance
SIXL vs. SPMD - Performance Comparison
Loading graphics...
SIXL vs. SPMD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SIXL ETC 6 Meridian Low Beta Equity Strategy ETF | 4.48% | -0.61% | 14.13% | 2.38% | -7.49% | 20.00% | 18.42% |
SPMD SPDR Portfolio S&P 400 Mid Cap ETF | 2.59% | 7.44% | 13.91% | 16.48% | -13.13% | 24.76% | 39.80% |
Returns By Period
In the year-to-date period, SIXL achieves a 4.48% return, which is significantly higher than SPMD's 2.59% return.
SIXL
- 1D
- 0.42%
- 1M
- -4.69%
- YTD
- 4.48%
- 6M
- 2.87%
- 1Y
- 2.42%
- 3Y*
- 7.20%
- 5Y*
- 4.17%
- 10Y*
- —
SPMD
- 1D
- 2.99%
- 1M
- -5.29%
- YTD
- 2.59%
- 6M
- 4.27%
- 1Y
- 17.37%
- 3Y*
- 12.11%
- 5Y*
- 6.60%
- 10Y*
- 10.73%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SIXL vs. SPMD - Expense Ratio Comparison
SIXL has a 0.47% expense ratio, which is higher than SPMD's 0.05% expense ratio.
Return for Risk
SIXL vs. SPMD — Risk / Return Rank
SIXL
SPMD
SIXL vs. SPMD - 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 SPDR Portfolio S&P 400 Mid Cap ETF (SPMD). 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 | SPMD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.20 | 0.83 | -0.63 |
Sortino ratioReturn per unit of downside risk | 0.36 | 1.30 | -0.94 |
Omega ratioGain probability vs. loss probability | 1.05 | 1.18 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | 0.37 | 1.25 | -0.88 |
Martin ratioReturn relative to average drawdown | 1.19 | 5.41 | -4.22 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SIXL | SPMD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.20 | 0.83 | -0.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 0.34 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.51 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.43 | +0.23 |
Correlation
The correlation between SIXL and SPMD is 0.79, 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. SPMD - Dividend Comparison
SIXL's dividend yield for the trailing twelve months is around 2.37%, more than SPMD's 1.37% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SIXL ETC 6 Meridian Low Beta Equity Strategy ETF | 2.37% | 2.31% | 1.28% | 1.48% | 1.45% | 0.67% | 0.40% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPMD SPDR Portfolio S&P 400 Mid Cap ETF | 1.37% | 1.39% | 1.42% | 1.47% | 1.64% | 1.24% | 1.30% | 1.57% | 1.85% | 1.97% | 2.13% | 5.33% |
Drawdowns
SIXL vs. SPMD - Drawdown Comparison
The maximum SIXL drawdown since its inception was -16.08%, smaller than the maximum SPMD drawdown of -57.62%. Use the drawdown chart below to compare losses from any high point for SIXL and SPMD.
Loading graphics...
Drawdown Indicators
| SIXL | SPMD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.08% | -57.62% | +41.54% |
Max Drawdown (1Y)Largest decline over 1 year | -8.63% | -14.12% | +5.49% |
Max Drawdown (5Y)Largest decline over 5 years | -16.08% | -24.08% | +8.00% |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.86% | — |
Current DrawdownCurrent decline from peak | -5.07% | -6.13% | +1.06% |
Average DrawdownAverage peak-to-trough decline | -4.60% | -8.18% | +3.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.66% | 3.27% | -0.61% |
Volatility
SIXL vs. SPMD - Volatility Comparison
The current volatility for ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) is 3.02%, while SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) has a volatility of 6.56%. This indicates that SIXL experiences smaller price fluctuations and is considered to be less risky than SPMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SIXL | SPMD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.02% | 6.56% | -3.54% |
Volatility (6M)Calculated over the trailing 6-month period | 6.76% | 11.95% | -5.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.15% | 21.11% | -8.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.14% | 19.71% | -7.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.64% | 21.18% | -8.54% |