IVV vs SIXH
iShares Core S&P 500 ETF vs ETC 6 Meridian Hedged Equity Index Option ETF
Which is better, IVV or SIXH?
Large Cap Blend against Large Cap Value.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. SIXH is less concentrated, with 33.8% of the fund in its ten largest positions against 37.8%.
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
| Metric | IVV | SIXH |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.69% |
| AUM | $876.4B | $603M |
| Dividend Yield | 1.06% | 1.75% |
| Holdings | 508 | 54 |
| YTD Return | +13.23% | +14.48%Best |
| 1Y Return | +17.38%Best | +16.46% |
| 3Y Return (annualized) | +22.67%Best | +13.18% |
| 5Y Return (annualized) | +13.13%Best | +9.96% |
| Volatility (annualized) | 15.4% | 9.1%Best |
| Max Drawdown | -24.5% | -11.7%Best |
| $10,000 over 5 years | $18,531Best | $16,076 |
| Top 10 Weight | 37.8% | 33.8%Best |
| Fund Family | iShares by BlackRock (US) | 6 Meridian ETF |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 15, 2000 | May 11, 2020 |
Volatility and max drawdown are measured over the window both funds cover: May 11, 2020 to Sep 24, 2026 (6.4 years).
IVV vs SIXH 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 6.4 years both funds cover.
IVV vs SIXH Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and ETC 6 Meridian Hedged Equity Index Option ETF (SIXH) is an ETF from 6 Meridian ETF. Over the past year IVV returned +17.38% while SIXH returned +16.46%. Year to date, IVV is up 13.23% versus a gain of 14.48% for SIXH.
Over three years, IVV compounded at +22.67% per year against +13.18% for SIXH; over five years the annualized figures are +13.13% and +9.96% respectively. Across the full 6-year window we track, IVV has the edge at +17.83% annualized vs +10.96%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 9.1% for SIXH. 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 -24.5% for IVV and -11.7% for SIXH. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.50. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while SIXH charges 0.69%. On a $10,000 position that is $3 vs $69 annually, a gap of $66 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 1.75% for SIXH.
Holdings Overlap
44.2% of IVV's money is in holdings SIXH also owns. 95.8% of SIXH's money is in holdings IVV also owns.
Most of SIXH is already inside IVV. Owning both mostly buys the same companies twice.
49 positions in common, counted across the 490 positions we hold weights for in IVV and 51 in SIXH, against full books of 508 and 54.
What only one of them owns
Measured across the 490 and 51 positions we hold weights for.
IVV holds 433 positions SIXH does not, 54.5% of the fund.
Largest: MSFT 5.69%, AVGO 2.65%, GOOG 2.39%, TSLA 1.56%, BRK.B 1.39%
Top Shared Holdings
| Stock | Weight in IVV | Weight in SIXH | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.07% | 1.34% | 6.73% |
| AAPLApple, Inc | 7.02% | 1.26% | 5.76% |
| MOAltria Group Inc | 0.17% | 4.99% | 4.82% |
| AMZNAmazon.Com Inc | 3.84% | 1.29% | 2.55% |
| MUMicron Technology, Inc. | 1.63% | 2.71% | 1.08% |
| GOOGLAlphabet Inc,class A | 3.00% | 1.28% | 1.72% |
| VZVerizon Communic | 0.32% | 3.81% | 3.49% |
| PEPPepsico Inc. | 0.29% | 3.77% | 3.48% |
| TBBAt&t Inc | 0.27% | 3.77% | 3.50% |
| BMYBristol-Myers Squibb Co. | 0.21% | 3.80% | 3.59% |
95.8% of SIXH is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or SIXH?
IVV has an expense ratio of 0.03% while SIXH charges 0.69%. IVV is the cheaper option, by $66 a year on a $10,000 investment.
Which performed better, IVV or SIXH?
Over the past year IVV returned +17.38% vs +16.46% for SIXH, so IVV leads on 1-year performance. Over the longest common window we track (6 years), IVV annualized +17.83% vs +10.96% for SIXH. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SIXH?
IVV has been the more volatile fund at 15.4% annualized versus 9.1% for SIXH. Worst drawdown: IVV -24.5% vs SIXH -11.7%.
Should I hold both IVV and SIXH?
IVV and SIXH have a monthly-return correlation of 0.50, 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 IVV and SIXH?
95.8% of SIXH's money is in holdings IVV also owns. 95.8% of SIXH's is in holdings IVV also owns. They hold 49 positions in common, counted across the 490 positions we hold weights for in IVV and 51 in SIXH.
Which pays a higher dividend, IVV or SIXH?
IVV yields 1.06% while SIXH yields 1.75%, so SIXH currently pays the higher dividend yield.
Is SIXH better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. SIXH is less concentrated, with 33.8% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.