QQQ vs SIXH
Invesco QQQ Trust, Series 1 vs ETC 6 Meridian Hedged Equity Index Option ETF
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | QQQ | SIXH | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.69% | |
| AUM | $496.3B | $594M | |
| Dividend Yield | 0.44% | 1.83% | |
| Holdings | 108 | 54 | |
| YTD Return | +16.23% | +14.44% | |
| 1Y Return | +26.23% | +14.60% | |
| 3Y Return (annualized) | +25.75% | +13.66% | |
| 5Y Return (annualized) | +14.78% | +9.61% | |
| Volatility (annualized) | 30.6% | 9.2% | |
| Max Drawdown | -83.0% | -11.7% | |
| Fund Family | Invesco (US) | 6 Meridian ETF | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | May 11, 2020 |
QQQ vs SIXH Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and ETC 6 Meridian Hedged Equity Index Option ETF (SIXH) is a ETF from 6 Meridian ETF. Over the past year QQQ returned +26.23% while SIXH returned +14.60%. Year to date, QQQ is up 16.23% versus a gain of 14.44% for SIXH.
Over three years, QQQ compounded at +25.75% per year against +13.66% for SIXH; over five years the annualized figures are +14.78% and +9.61% respectively. Across the full 6-year window we track, QQQ has the edge at +13.02% annualized vs +11.13%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% 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 -83.0% for QQQ 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 0.24. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while SIXH charges 0.69%. On a $10,000 position that is $18 vs $69 annually, a gap of $51 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 1.83% for SIXH.
Holdings Overlap
QQQ and SIXH share 18 holdings out of 135 unique holdings combined, representing a 21.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or SIXH?
QQQ has an expense ratio of 0.18% while SIXH charges 0.69%. QQQ is the cheaper option. On a $10,000 investment, that is $51 per year of difference.
Which performed better, QQQ or SIXH?
Over the past year QQQ returned +26.23% vs +14.60% for SIXH, so QQQ leads on 1-year performance. Over the longest common window we track (6 years), QQQ annualized +13.02% vs +11.13% for SIXH. Past performance does not guarantee future results.
Which is riskier, QQQ or SIXH?
QQQ has been the more volatile fund at 30.6% annualized versus 9.2% for SIXH. Worst drawdown: QQQ -83.0% vs SIXH -11.7%.
Should I hold both QQQ and SIXH?
QQQ and SIXH have a monthly-return correlation of 0.24, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and SIXH?
QQQ and SIXH share 18 common holdings with a 21.8% weight overlap. Combined, they hold 135 unique securities.
Which pays a higher dividend, QQQ or SIXH?
QQQ yields 0.44% while SIXH yields 1.83%, so SIXH currently pays the higher dividend yield.
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