SIXS vs. VPC

Last updated Jun 3, 2026

SIXS (6 Meridian Small Cap Equity ETF) and VPC (Virtus Private Credit ETF) are both exchange-traded funds - SIXS is a Small Cap Blend Equities fund actively managed by Exchange Traded Concepts, while VPC is a Nontraditional Bonds fund tracking the Indxx Private Credit Index. SIXS is actively managed, while VPC is passively managed. Over the past 5 years, SIXS returned 3.55%/yr vs 1.59%/yr for VPC. A 0.60 correlation means they provide meaningful diversification when combined. SIXS charges 1.00%/yr vs 0.75%/yr for VPC.

Performance

SIXS vs. VPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 6 Meridian Small Cap Equity ETF (SIXS) and Virtus Private Credit ETF (VPC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SIXS achieves a 6.68% return, which is significantly higher than VPC's -7.51% return.

SIXS

• 1D: -0.44%
• 1M: -2.49%
• YTD: 6.68%
• 6M: 8.16%
• 1Y: 18.82%
• 3Y*: 10.88%
• 5Y*: 3.55%
• 10Y*: —

VPC

• 1D: -0.53%
• 1M: -3.41%
• YTD: -7.51%
• 6M: -7.59%
• 1Y: -11.00%
• 3Y*: 3.51%
• 5Y*: 1.59%
• 10Y*: —

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

SIXS vs. VPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
SIXS 6 Meridian Small Cap Equity ETF	6.68%	4.59%	5.85%	14.92%	-18.52%	40.74%	43.41%
VPC Virtus Private Credit ETF	-7.51%	-6.75%	10.52%	22.20%	-11.70%	34.18%	33.80%

Correlation

The correlation between SIXS and VPC is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.55
Correlation (5Y) Calculated over the trailing 5-year period	0.60
Correlation (All Time) Calculated using the full available price history since May 12, 2020	0.60

The correlation between SIXS and VPC shifts across timeframes, from 0.47 (1 year) to 0.60 (all time), reflecting how their relationship changes across market environments.

SIXS vs. VPC - Sectors Allocation Comparison

Sectors	SIXS	VPC
Financial Services	23.0%	98.3%
Healthcare	16.2%	0.0%
Utilities	12.1%	-
Consumer Defensive	10.8%	-
Real Estate	9.0%	-
Industrials	7.3%	0.1%
Consumer Cyclical	6.4%	0.1%
Communication Services	5.9%	0.1%
Technology	5.7%	1.3%
Energy	2.7%	0.0%
Basic Materials	1.0%	-

Return for Risk

SIXS vs. VPC — Risk / Return Rank

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

SIXS

SIXS Risk / Return Rank: 43
SIXS Sharpe Ratio Rank: 39
SIXS Sortino Ratio Rank: 41
SIXS Omega Ratio Rank: 37
SIXS Calmar Ratio Rank: 51
SIXS Martin Ratio Rank: 47

VPC

VPC Risk / Return Rank: 3
VPC Sharpe Ratio Rank: 2
VPC Sortino Ratio Rank: 2
VPC Omega Ratio Rank: 2
VPC Calmar Ratio Rank: 4
VPC Martin Ratio Rank: 4

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.

SIXS vs. VPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 6 Meridian Small Cap Equity ETF (SIXS) and Virtus Private Credit ETF (VPC). 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.

	SIXS	VPC	Difference
Sharpe ratio Return per unit of total volatility	1.43	-0.85	+2.28
Sortino ratio Return per unit of downside risk	2.14	-1.13	+3.27
Omega ratio Gain probability vs. loss probability	1.25	0.87	+0.38
Calmar ratio Return relative to maximum drawdown	2.60	-0.50	+3.10
Martin ratio Return relative to average drawdown	7.90	-1.00	+8.90
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SIXS vs. VPC - Sharpe Ratio Comparison

The current SIXS Sharpe Ratio is 1.43, which is higher than the VPC Sharpe Ratio of -0.85. The chart below compares the historical Sharpe Ratios of SIXS and VPC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SIXS	VPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.43	-0.85	+2.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.20	0.12	+0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.72	0.21	+0.51

Drawdowns

SIXS vs. VPC - Drawdown Comparison

The maximum SIXS drawdown since its inception was -27.68%, smaller than the maximum VPC drawdown of -53.45%. Use the drawdown chart below to compare losses from any high point for SIXS and VPC.

Drawdown Indicators

	SIXS	VPC	Difference
Max Drawdown Largest peak-to-trough decline	-27.68%	-53.45%	+25.77%
Max Drawdown (1Y) Largest decline over 1 year	-7.16%	-22.76%	+15.60%
Max Drawdown (3Y) Largest decline over 3 years	-19.95%	-24.86%	+4.91%
Max Drawdown (5Y) Largest decline over 5 years	-27.68%	-24.86%	-2.82%
Current Drawdown Current decline from peak	-2.98%	-18.08%	+15.10%
Average Drawdown Average peak-to-trough decline	-8.95%	-7.67%	-1.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.36%	11.40%	-9.04%

Volatility

SIXS vs. VPC - Volatility Comparison

6 Meridian Small Cap Equity ETF (SIXS) has a higher volatility of 3.41% compared to Virtus Private Credit ETF (VPC) at 2.78%. This indicates that SIXS's price experiences larger fluctuations and is considered to be riskier than VPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SIXS	VPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.41%	2.78%	+0.63%
Volatility (6M) Calculated over the trailing 6-month period	8.82%	10.70%	-1.88%
Volatility (1Y) Calculated over the trailing 1-year period	13.24%	13.04%	+0.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.62%	13.48%	+4.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.65%	20.55%	-0.90%

SIXS vs. VPC - Expense Ratio Comparison

SIXS has a 1.00% expense ratio, which is higher than VPC's 0.75% expense ratio.

Dividends

SIXS vs. VPC - Dividend Comparison

SIXS's dividend yield for the trailing twelve months is around 1.78%, less than VPC's 16.97% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
SIXS 6 Meridian Small Cap Equity ETF	1.78%	1.62%	1.09%	1.60%	1.37%	0.94%	0.45%	0.00%
VPC Virtus Private Credit ETF	16.97%	14.33%	11.26%	11.71%	10.74%	6.31%	10.06%	8.19%

Frequently Asked Questions

Can I hold both SIXS and VPC in my portfolio?

SIXS and VPC have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SIXS or VPC?

SIXS has higher volatility (3.41%) compared to VPC (2.78%). In terms of maximum drawdown, SIXS dropped -27.68% vs VPC's -53.45%.

Which ETF is better, SIXS or VPC?

On 5-year performance, SIXS leads with 3.55% vs 1.59% for VPC. On fees, VPC is cheaper at 0.75% per year. On volatility, VPC has been the lower-risk option at 2.78%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SIXS or VPC?

Over the 5-year period, SIXS has performed better with a 3.55% return vs 1.59%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SIXS or VPC?

VPC is cheaper with a 0.75% expense ratio, compared with 1.00% for SIXS.

Which ETF pays a higher dividend yield, SIXS or VPC?

VPC has the higher dividend yield at 16.97%, compared with 1.78% for SIXS.

What is the main difference between SIXS and VPC?

SIXS is categorized as Small Cap Blend Equities, while VPC is Nontraditional Bonds. They also come from different issuers: Exchange Traded Concepts and Virtus Investment Partners. Their fees differ too: 1.00% for SIXS and 0.75% for VPC.

Which has better risk-adjusted returns?

SIXS currently has the higher Sharpe Ratio (1.43 vs -0.85), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.