Correlation
The correlation between SIXS and IWM is 0.70, 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.
SIXS vs. IWM
Compare and contrast key facts about 6 Meridian Small Cap Equity ETF (SIXS) and iShares Russell 2000 ETF (IWM).
SIXS and IWM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SIXS is an actively managed fund by Exchange Traded Concepts. It was launched on May 11, 2020. IWM is a passively managed fund by iShares that tracks the performance of the Russell 2000 Index. It was launched on May 22, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SIXS or IWM.
Performance
SIXS vs. IWM - Performance Comparison
Loading data...
Key characteristics
SIXS:
0.10
IWM:
0.07
SIXS:
0.23
IWM:
0.24
SIXS:
1.03
IWM:
1.03
SIXS:
0.06
IWM:
0.04
SIXS:
0.15
IWM:
0.11
SIXS:
7.63%
IWM:
9.92%
SIXS:
19.11%
IWM:
24.44%
SIXS:
-27.68%
IWM:
-59.05%
SIXS:
-11.81%
IWM:
-14.96%
Returns By Period
In the year-to-date period, SIXS achieves a -5.94% return, which is significantly higher than IWM's -6.98% return.
SIXS
-5.94%
2.76%
-11.81%
0.83%
2.69%
11.72%
N/A
IWM
-6.98%
4.59%
-14.77%
0.80%
4.86%
9.47%
6.51%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SIXS vs. IWM - Expense Ratio Comparison
SIXS has a 1.00% expense ratio, which is higher than IWM's 0.19% expense ratio.
Risk-Adjusted Performance
SIXS vs. IWM — Risk-Adjusted Performance Rank
SIXS
IWM
SIXS vs. IWM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for 6 Meridian Small Cap Equity ETF (SIXS) and iShares Russell 2000 ETF (IWM). 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.
Loading data...
Dividends
SIXS vs. IWM - Dividend Comparison
SIXS's dividend yield for the trailing twelve months is around 1.41%, more than IWM's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SIXS 6 Meridian Small Cap Equity ETF | 1.41% | 1.09% | 1.60% | 1.37% | 0.94% | 0.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IWM iShares Russell 2000 ETF | 1.20% | 1.15% | 1.35% | 1.48% | 0.94% | 1.04% | 1.26% | 1.40% | 1.26% | 1.38% | 1.54% | 1.26% |
Drawdowns
SIXS vs. IWM - Drawdown Comparison
The maximum SIXS drawdown since its inception was -27.68%, smaller than the maximum IWM drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for SIXS and IWM.
Loading data...
Volatility
SIXS vs. IWM - Volatility Comparison
The current volatility for 6 Meridian Small Cap Equity ETF (SIXS) is 5.12%, while iShares Russell 2000 ETF (IWM) has a volatility of 6.46%. This indicates that SIXS experiences smaller price fluctuations and is considered to be less risky than IWM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...