SMVLX vs. SIXH
Compare and contrast key facts about Smead Value Fund (SMVLX) and 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH).
SMVLX is managed by Smead Funds. It was launched on Jan 2, 2008. SIXH is an actively managed fund by Exchange Traded Concepts. It was launched on May 11, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SMVLX or SIXH.
Key characteristics
| SMVLX | SIXH | |
|---|---|---|
| YTD Return | 10.59% | 14.42% |
| 1Y Return | 22.90% | 16.22% |
| 3Y Return (Ann) | 5.38% | 9.37% |
| Sharpe Ratio | 1.62 | 2.75 |
| Sortino Ratio | 2.31 | 3.99 |
| Omega Ratio | 1.28 | 1.56 |
| Calmar Ratio | 3.26 | 6.87 |
| Martin Ratio | 8.36 | 23.17 |
| Ulcer Index | 2.85% | 0.70% |
| Daily Std Dev | 14.74% | 5.90% |
| Max Drawdown | -55.61% | -11.68% |
| Current Drawdown | -2.44% | -0.35% |
Correlation
The correlation between SMVLX and SIXH is 0.60, 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
SMVLX vs. SIXH - Performance Comparison
In the year-to-date period, SMVLX achieves a 10.59% return, which is significantly lower than SIXH's 14.42% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SMVLX vs. SIXH - Expense Ratio Comparison
SMVLX has a 1.26% expense ratio, which is higher than SIXH's 0.87% expense ratio.
Risk-Adjusted Performance
SMVLX vs. SIXH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Smead Value Fund (SMVLX) and 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH). 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
SMVLX vs. SIXH - Dividend Comparison
SMVLX's dividend yield for the trailing twelve months is around 1.21%, less than SIXH's 1.52% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMVLX Smead Value Fund | 1.21% | 1.34% | 0.71% | 0.22% | 0.69% | 0.70% | 0.00% | 0.22% | 0.49% | 0.53% | 0.41% | 0.32% |
SIXH 6 Meridian Hedged Equity-Index Option Strategy ETF | 1.52% | 2.04% | 2.07% | 1.65% | 1.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SMVLX vs. SIXH - Drawdown Comparison
The maximum SMVLX drawdown since its inception was -55.61%, which is greater than SIXH's maximum drawdown of -11.68%. Use the drawdown chart below to compare losses from any high point for SMVLX and SIXH. For additional features, visit the drawdowns tool.
Volatility
SMVLX vs. SIXH - Volatility Comparison
Smead Value Fund (SMVLX) has a higher volatility of 4.11% compared to 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) at 1.56%. This indicates that SMVLX's price experiences larger fluctuations and is considered to be riskier than SIXH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.