SIXS vs. QQQ
Compare and contrast key facts about 6 Meridian Small Cap Equity ETF (SIXS) and Invesco QQQ (QQQ).
SIXS and QQQ 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. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SIXS or QQQ.
Correlation
The correlation between SIXS and QQQ is 0.50, 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.
Performance
SIXS vs. QQQ - Performance Comparison
Key characteristics
SIXS:
0.46
QQQ:
1.38
SIXS:
0.80
QQQ:
1.88
SIXS:
1.09
QQQ:
1.25
SIXS:
0.57
QQQ:
1.86
SIXS:
1.80
QQQ:
6.43
SIXS:
4.16%
QQQ:
3.92%
SIXS:
16.18%
QQQ:
18.27%
SIXS:
-27.68%
QQQ:
-82.98%
SIXS:
-6.09%
QQQ:
0.00%
Returns By Period
In the year-to-date period, SIXS achieves a 0.17% return, which is significantly lower than QQQ's 5.50% return.
SIXS
0.17%
-2.21%
4.14%
7.61%
N/A
N/A
QQQ
5.50%
3.38%
12.65%
26.01%
18.94%
18.39%
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SIXS vs. QQQ - Expense Ratio Comparison
SIXS has a 1.00% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
SIXS vs. QQQ — Risk-Adjusted Performance Rank
SIXS
QQQ
SIXS vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for 6 Meridian Small Cap Equity ETF (SIXS) and Invesco QQQ (QQQ). 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.
Dividends
SIXS vs. QQQ - Dividend Comparison
SIXS's dividend yield for the trailing twelve months is around 1.16%, more than QQQ's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SIXS 6 Meridian Small Cap Equity ETF | 1.16% | 1.09% | 1.60% | 1.37% | 0.94% | 0.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
SIXS vs. QQQ - Drawdown Comparison
The maximum SIXS drawdown since its inception was -27.68%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for SIXS and QQQ. For additional features, visit the drawdowns tool.
Volatility
SIXS vs. QQQ - Volatility Comparison
The current volatility for 6 Meridian Small Cap Equity ETF (SIXS) is 3.66%, while Invesco QQQ (QQQ) has a volatility of 4.92%. This indicates that SIXS experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.