IVV vs SIXA
iShares Core S&P 500 ETF vs ETC 6 Meridian Mega Cap Equity ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | SIXA | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.46% | |
| AUM | $886.7B | $544M | |
| Dividend Yield | 1.10% | 1.99% | |
| Holdings | 508 | 51 | |
| YTD Return | +12.13% | +17.22% | |
| 1Y Return | +20.37% | +18.63% | |
| 3Y Return (annualized) | +20.91% | +20.52% | |
| 5Y Return (annualized) | +12.59% | +12.48% | |
| Volatility (annualized) | 15.1% | 12.6% | |
| Max Drawdown | -56.5% | -18.4% | |
| Fund Family | iShares by BlackRock (US) | 6 Meridian ETF | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | May 11, 2020 |
IVV vs SIXA Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and ETC 6 Meridian Mega Cap Equity ETF (SIXA) is a ETF from 6 Meridian ETF. Over the past year IVV returned +20.37% while SIXA returned +18.63%. Year to date, IVV is up 12.13% versus a gain of 17.22% for SIXA.
Over three years, IVV compounded at +20.91% per year against +20.52% for SIXA; over five years the annualized figures are +12.59% and +12.48% respectively. Across the full 6-year window we track, SIXA has the edge at +15.84% annualized vs +6.97%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 12.6% 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 -56.5% for IVV and -18.4% for SIXA. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while SIXA charges 0.46%. On a $10,000 position that is $3 vs $46 annually, a gap of $43 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 1.99% for SIXA.
Holdings Overlap
IVV and SIXA share 47 holdings out of 506 unique holdings combined, representing a 24.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or SIXA?
IVV has an expense ratio of 0.03% while SIXA charges 0.46%. IVV is the cheaper option. On a $10,000 investment, that is $43 per year of difference.
Which performed better, IVV or SIXA?
Over the past year IVV returned +20.37% vs +18.63% for SIXA, so IVV leads on 1-year performance. Over the longest common window we track (6 years), IVV annualized +6.97% vs +15.84% for SIXA. Past performance does not guarantee future results.
Which is riskier, IVV or SIXA?
IVV has been the more volatile fund at 15.1% annualized versus 12.6% for SIXA. Worst drawdown: IVV -56.5% vs SIXA -18.4%.
Should I hold both IVV and SIXA?
IVV and SIXA have a monthly-return correlation of 0.84, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and SIXA?
IVV and SIXA share 47 common holdings with a 24.8% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or SIXA?
IVV yields 1.10% while SIXA yields 1.99%, so SIXA currently pays the higher dividend yield.
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