IVV vs SIXH
iShares Core S&P 500 ETF vs ETC 6 Meridian Hedged Equity Index Option ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | SIXH | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.69% | |
| AUM | $865.2B | $576M | |
| Dividend Yield | 1.09% | 1.86% | |
| Holdings | 508 | 105 | |
| YTD Return | +14.50% | +13.82% | |
| 1Y Return | +22.02% | +15.85% | |
| 3Y Return (annualized) | +21.80% | +13.15% | |
| 5Y Return (annualized) | +13.37% | +9.35% | |
| Volatility (annualized) | 15.1% | 9.2% | |
| Max Drawdown | -56.5% | -11.7% | |
| Fund Family | iShares by BlackRock (US) | 6 Meridian ETF | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | May 11, 2020 |
IVV vs SIXH Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and ETC 6 Meridian Hedged Equity Index Option ETF (SIXH) is a ETF from 6 Meridian ETF. Over the past year IVV returned +22.02% while SIXH returned +15.85%. Year to date, IVV is up 14.50% versus a gain of 13.82% for SIXH.
Over three years, IVV compounded at +21.80% per year against +13.15% for SIXH; over five years the annualized figures are +13.37% and +9.35% respectively. Across the full 6-year window we track, SIXH has the edge at +11.07% annualized vs +7.07%. 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 9.2% 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 -56.5% for IVV and -11.7% for SIXH. 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 0.50. They move independently enough that combining them can meaningfully diversify a portfolio.
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 1.09% against 1.86% for SIXH.
Holdings Overlap
IVV and SIXH share 49 holdings out of 507 unique holdings combined, representing a 25.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $66 per year of difference.
Which performed better, IVV or SIXH?
Over the past year IVV returned +22.02% vs +15.85% for SIXH, so IVV leads on 1-year performance. Over the longest common window we track (6 years), IVV annualized +7.07% vs +11.07% for SIXH. Past performance does not guarantee future results.
Which is riskier, IVV or SIXH?
IVV has been the more volatile fund at 15.1% annualized versus 9.2% for SIXH. Worst drawdown: IVV -56.5% vs SIXH -11.7%.
Should I hold both IVV and SIXH?
IVV and SIXH have a monthly-return correlation of 0.50, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and SIXH?
IVV and SIXH share 49 common holdings with a 25.6% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, IVV or SIXH?
IVV yields 1.09% while SIXH yields 1.86%, so SIXH currently pays the higher dividend yield.
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