SPTM vs. SIXA

Last updated Aug 2, 2026

SPTM (SPDR Portfolio S&P 1500 Composite Stock Market ETF) and SIXA (6 Meridian Mega Cap Equity ETF) are both Large Cap Blend Equities funds. SPTM is passively managed, while SIXA is actively managed. Over the past 5 years, SPTM returned 12.48%/yr vs 12.48%/yr for SIXA. Their correlation of 0.81 means they have usually moved in the same direction. SPTM charges 0.03%/yr vs 0.86%/yr for SIXA.

Performance

SPTM vs. SIXA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) and 6 Meridian Mega Cap Equity ETF (SIXA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SPTM achieves a 10.61% return, which is significantly lower than SIXA's 13.99% return.

SPTM

• 1D: 0.62%
• 1M: 0.21%
• 6M: 8.81%
• YTD: 10.61%
• 1Y: 21.87%
• 3Y*: 18.90%
• 5Y*: 12.48%
• 10Y*: 14.86%
• ALL TIME*: 8.78%

SIXA

• 1D: 0.07%
• 1M: 0.55%
• 6M: 8.64%
• YTD: 13.99%
• 1Y: 19.23%
• 3Y*: 19.10%
• 5Y*: 12.48%
• 10Y*: —
• ALL TIME*: 15.98%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SIXA 6 Meridian Mega Cap Equity ETF	$1.54M	$1.13M	$653.60K
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF	$40.04M	$39.69M	$45.49M

SPTM vs. SIXA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF	10.61%	16.93%	23.87%	25.55%	-17.75%	28.58%	30.62%
SIXA 6 Meridian Mega Cap Equity ETF	13.99%	15.52%	22.70%	11.98%	-5.72%	23.87%	19.04%

Correlation

The correlation between SPTM and SIXA is 0.53, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.53
Correlation (3Y) Balances recent behavior with more history.	0.73
Correlation (5Y) Shows whether the relationship held over a longer period.	0.79
Correlation (All Time) Calculated using the full available price history since May 11, 2020	0.81

Over the past year, the correlation between SPTM and SIXA has dropped to 0.53 - well below their long-term average of 0.81, suggesting their price drivers have been diverging.

SPTM vs. SIXA - Sectors Allocation Comparison

Sectors	SPTM	SIXA
Technology	36.3%	17.0%
Financial Services	12.5%	12.8%
Healthcare	9.3%	15.0%
Consumer Cyclical	9.1%	5.1%
Industrials	8.8%	4.6%
Communication Services	8.7%	10.4%
Consumer Defensive	4.5%	23.8%
Energy	3.5%	4.9%
Utilities	2.6%	2.7%
Real Estate	2.3%	3.8%
Basic Materials	2.2%	-

Return for Risk

SPTM vs. SIXA — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SPTM

SPTM Risk / Return Rank: 70
SPTM Sharpe Ratio Rank: 69
SPTM Sortino Ratio Rank: 66
SPTM Omega Ratio Rank: 67
SPTM Calmar Ratio Rank: 67
SPTM Martin Ratio Rank: 79

SIXA

SIXA Risk / Return Rank: 87
SIXA Sharpe Ratio Rank: 87
SIXA Sortino Ratio Rank: 89
SIXA Omega Ratio Rank: 84
SIXA Calmar Ratio Rank: 86
SIXA Martin Ratio Rank: 87

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SPTM vs. SIXA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) and 6 Meridian Mega Cap Equity ETF (SIXA). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SPTM	SIXA	Difference
Sharpe ratio: Return per unit of total volatility	1.57	2.08	-0.51
Sortino ratio: Return per unit of downside risk	2.18	3.10	-0.92
Omega ratio: Gain probability vs. loss probability	1.28	1.36	-0.08
Calmar ratio: Return relative to maximum drawdown	2.31	3.36	-1.05
Martin ratio: Return relative to average drawdown	10.07	12.79	-2.72

SPTM vs. SIXA - Sharpe Ratio Comparison

The current SPTM Sharpe Ratio is 1.57, which is comparable to the SIXA Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of SPTM and SIXA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SPTM vs. SIXA - Drawdown Comparison

The maximum SPTM drawdown since its inception was -54.80%, which is greater than SIXA's maximum drawdown of -18.38%. Use the drawdown chart below to compare losses from any high point for SPTM and SIXA.

Drawdown Indicators

	SPTM	SIXA	Difference
Max Drawdown Largest peak-to-trough decline	-54.80%	-18.38%	-36.42%
Max Drawdown (1Y) Largest decline over 1 year	-8.68%	-5.59%	-3.09%
Max Drawdown (3Y) Largest decline over 3 years	-18.87%	-11.22%	-7.65%
Max Drawdown (5Y) Largest decline over 5 years	-24.14%	-18.38%	-5.76%
Max Drawdown (10Y) Largest decline over 10 years	-34.66%	—	—
Current Drawdown Current decline from peak	-1.11%	-1.72%	+0.61%
Average Drawdown Average peak-to-trough decline	-9.00%	-2.93%	-6.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.99%	1.47%	+0.52%

Volatility

SPTM vs. SIXA - Volatility Comparison

SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) has a higher volatility of 3.50% compared to 6 Meridian Mega Cap Equity ETF (SIXA) at 2.77%. This indicates that SPTM's price experiences larger fluctuations and is considered to be riskier than SIXA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPTM	SIXA	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.50%	2.77%	+0.73%
Volatility (6M) Calculated over the trailing 6-month period	10.02%	7.06%	+2.96%
Volatility (1Y) Calculated over the trailing 1-year period	12.81%	9.05%	+3.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.97%	12.77%	+4.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.03%	13.26%	+4.77%

SPTM vs. SIXA - Expense Ratio Comparison

SPTM has a 0.03% expense ratio, which is lower than SIXA's 0.86% expense ratio.

Dividends

SPTM vs. SIXA - Dividend Comparison

SPTM's dividend yield for the trailing twelve months is around 1.06%, less than SIXA's 1.99% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SIXA 6 Meridian Mega Cap Equity ETF	1.99%	2.31%	1.62%	2.12%	2.23%	1.63%	1.13%	0.00%	0.00%	0.00%	0.00%	0.00%
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF	1.06%	1.13%	1.28%	1.44%	1.69%	1.25%	1.56%	1.72%	1.90%	1.66%	1.91%	1.92%

Frequently Asked Questions

Can I hold both SPTM and SIXA in my portfolio?

SPTM and SIXA have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SPTM or SIXA?

SPTM has higher volatility (3.50%) compared to SIXA (2.77%). In terms of maximum drawdown, SPTM dropped -54.80% vs SIXA's -18.38%.

Which ETF is better, SPTM or SIXA?

On 5-year performance, SIXA leads with 12.48% vs 12.48% for SPTM. On fees, SPTM is cheaper at 0.03% per year. On volatility, SIXA has been the lower-risk option at 2.77%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SPTM or SIXA?

Over the 5-year period, SIXA has performed better with a 12.48% return vs 12.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SPTM or SIXA?

SPTM is cheaper with a 0.03% expense ratio, compared with 0.86% for SIXA.

Which ETF pays a higher dividend yield, SPTM or SIXA?

SIXA has the higher dividend yield at 1.99%, compared with 1.06% for SPTM.

What is the main difference between SPTM and SIXA?

They also come from different issuers: State Street and Exchange Traded Concepts. Their fees differ too: 0.03% for SPTM and 0.86% for SIXA.

Which has better risk-adjusted returns?

SIXA currently has the higher Sharpe Ratio (2.08 vs 1.57), 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.