DSTL vs SIXA

DSTL vs SIXA

Which is better, DSTL or SIXA?

Each has led over a different period.

DSTL has a lower expense ratio. DSTL led over 1Y and the full window, SIXA over 3Y and 5Y. DSTL is less concentrated, with 18.4% of the fund in its ten largest positions against 36.4%.

Lower Fees: DSTLHigher Returns: splitLess Concentrated: DSTL

MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.

Side-by-Side Comparison

MetricDSTLSIXA
Expense Ratio0.39%Best0.46%
AUM$2.1B$542M
Dividend Yield1.04%1.93%
Holdings206100
YTD Return+21.97%Best+19.35%
1Y Return+25.60%Best+20.31%
3Y Return (annualized)+18.40%+21.85%Best
5Y Return (annualized)+11.56%+12.65%Best
Volatility (annualized)16.1%12.5%Best
Max Drawdown-19.9%-18.4%Best
$10,000 over 5 years$17,280$18,141Best
Top 10 Weight18.4%Best36.4%
Fund FamilyDistillate Capital Etfs6 Meridian ETF
CategoryEquityEquity
StyleLarge Cap ValueLarge Cap Value
InceptionOct 23, 2018May 11, 2020

Volatility and max drawdown are measured over the window both funds cover: May 11, 2020 to Nov 11, 2026 (6.5 years).

DSTL vs SIXA growth

Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 6.5 years both funds cover.

Compare DSTL against instead:DSTL vs SPYDSTL vs QQQDSTL vs VOODSTL vs VTISIXA against:SIXA vs VXUS

DSTL vs SIXA Performance

Distillate US Fundamental Stability & Value ETF (DSTL) is an ETF from Distillate Capital Etfs and ETC 6 Meridian Mega Cap Equity ETF (SIXA) is an ETF from 6 Meridian ETF. Over the past year DSTL returned +25.60% while SIXA returned +20.31%. Year to date, DSTL is up 21.97% versus a gain of 19.35% for SIXA.

Over three years, DSTL compounded at +18.40% per year against +21.85% for SIXA; over five years the annualized figures are +11.56% and +12.65% respectively. Across the full 7-year window we track, DSTL has the edge at +16.52% annualized vs +15.65%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

DSTL has been the more volatile fund, with annualized monthly volatility of 16.1% compared with 12.5% for SIXA. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -19.9% for DSTL and -18.4% for SIXA. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

DSTL charges 0.39% per year while SIXA charges 0.46%. On a $10,000 position that is $39 vs $46 annually, a gap of $7 per year that compounds over a long holding period. On income, DSTL currently yields 1.04% against 1.93% for SIXA.

Holdings Overlap

DSTL already in SIXA12.9%
SIXA already in DSTL17.5%

12.9% of DSTL's money is in holdings SIXA also owns. 17.5% of SIXA's money is in holdings DSTL also owns.

SIXA and DSTL share little of their money.

8 positions in common, counted across the 101 positions we hold weights for in DSTL and 49 in SIXA, against full books of 206 and 100.

What only one of them owns

Our book lists 41 positions for SIXA that do not appear in our book for DSTL (82.5% of the fund), and 92 for DSTL that do not appear in SIXA (86.2%).

Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.

Top Shared Holdings

StockWeight in DSTLWeight in SIXADifference
MOAltria Group Inc1.50%5.65%4.15%
CMCSAComcast Corp. Class A1.67%2.55%0.88%
FDXFedex Corp1.16%2.69%1.53%
CRMSalesforce Inc Crm Us Equity2.09%1.35%0.74%
ABBVAbbvie Inc.2.02%1.39%0.63%
MRKMerck & Company Inc1.92%1.29%0.63%
BKNGBooking Holdings, Inc.1.61%1.30%0.31%
GDGeneral Dynamics Corp.0.92%1.32%0.40%

You are not choosing between two funds in isolation.

Whichever of DSTL and SIXA you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

DSTLSIXA

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Frequently Asked Questions

Which is cheaper, DSTL or SIXA?

DSTL has an expense ratio of 0.39% while SIXA charges 0.46%. DSTL is the cheaper option, by $7 a year on a $10,000 investment.

Which performed better, DSTL or SIXA?

Over the past year DSTL returned +25.60% vs +20.31% for SIXA, so DSTL leads on 1-year performance. Over the longest common window we track (7 years), DSTL annualized +16.52% vs +15.65% for SIXA. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, DSTL or SIXA?

DSTL has been the more volatile fund at 16.1% annualized versus 12.5% for SIXA. Worst drawdown: DSTL -19.9% vs SIXA -18.4%.

Should I hold both DSTL and SIXA?

DSTL and SIXA have a monthly-return correlation of 0.87, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

What is the holdings overlap between DSTL and SIXA?

17.5% of SIXA's money is in holdings DSTL also owns. 17.5% of SIXA's is in holdings DSTL also owns. They hold 8 positions in common, counted across the 101 positions we hold weights for in DSTL and 49 in SIXA.

Which pays a higher dividend, DSTL or SIXA?

DSTL yields 1.04% while SIXA yields 1.93%, so SIXA currently pays the higher dividend yield.

Is SIXA better than DSTL?

DSTL has a lower expense ratio. DSTL led over 1Y and the full window, SIXA over 3Y and 5Y. DSTL is less concentrated, with 18.4% of the fund in its ten largest positions against 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.