SCHV vs SIXH
Schwab US Large-Cap Value ETF vs ETC 6 Meridian Hedged Equity Index Option ETF
Which is better, SCHV or SIXH?
Each has led over a different period.
SCHV has a lower expense ratio. SCHV led over 1Y, 3Y and the full window, SIXH over 5Y.
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 | SCHV | SIXH |
|---|---|---|
| Expense Ratio | 0.04%Best | 0.69% |
| AUM | $15.4B | $621M |
| Dividend Yield | 1.79% | 1.74% |
| Holdings | 1,143 | 107 |
| YTD Return | +17.55%Best | +16.94% |
| 1Y Return | +21.46%Best | +20.47% |
| 3Y Return (annualized) | +20.15%Best | +13.26% |
| 5Y Return (annualized) | +10.00% | +10.43%Best |
| Volatility (annualized) | 14.7% | 9.2%Best |
| Max Drawdown | -19.8% | -11.7%Best |
| $10,000 over 5 years | $16,105 | $16,422Best |
| Fund Family | Charles Schwab Asset Management | 6 Meridian ETF |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Dec 11, 2009 | May 11, 2020 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: May 11, 2020 to Nov 9, 2026 (6.5 years).
SCHV 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 6.5 years both funds cover.
SCHV vs SIXH Performance
Schwab US Large-Cap Value ETF (SCHV) is an ETF from Charles Schwab Asset Management and ETC 6 Meridian Hedged Equity Index Option ETF (SIXH) is an ETF from 6 Meridian ETF. Over the past year SCHV returned +21.46% while SIXH returned +20.47%. Year to date, SCHV is up 17.55% versus a gain of 16.94% for SIXH.
Over three years, SCHV compounded at +20.15% per year against +13.26% for SIXH; over five years the annualized figures are +10.00% and +10.43% respectively. Across the full 7-year window we track, SCHV has the edge at +14.76% annualized vs +11.10%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHV has been the more volatile fund, with annualized monthly volatility of 14.7% 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 -19.8% for SCHV 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHV charges 0.04% per year while SIXH charges 0.69%. On a $10,000 position that is $4 vs $69 annually, a gap of $65 per year that compounds over a long holding period. On income, SCHV currently yields 1.79% against 1.74% for SIXH.
You are not choosing between two funds in isolation.
Whichever of SCHV and SIXH you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SCHV or SIXH?
SCHV has an expense ratio of 0.04% while SIXH charges 0.69%. SCHV is the cheaper option, by $65 a year on a $10,000 investment.
Which performed better, SCHV or SIXH?
Over the past year SCHV returned +21.46% vs +20.47% for SIXH, so SCHV leads on 1-year performance. Over the longest common window we track (7 years), SCHV annualized +14.76% vs +11.10% for SIXH. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHV or SIXH?
SCHV has been the more volatile fund at 14.7% annualized versus 9.2% for SIXH. Worst drawdown: SCHV -19.8% vs SIXH -11.7%.
Should I hold both SCHV and SIXH?
SCHV and SIXH have a monthly-return correlation of 0.73, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, SCHV or SIXH?
SCHV yields 1.79% while SIXH yields 1.74%, so SCHV currently pays the higher dividend yield.
Is SIXH better than SCHV?
SCHV has a lower expense ratio. SCHV led over 1Y, 3Y and the full window, SIXH over 5Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.