SIXA vs SPY
ETC 6 Meridian Mega Cap Equity ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | SIXA | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.46% | 0.09% | |
| AUM | $520M | $789.1B | |
| Dividend Yield | 2.01% | 1.01% | |
| Holdings | 50 | 505 | |
| YTD Return | +16.50% | +13.39% | |
| 1Y Return | +19.44% | +22.52% | |
| 3Y Return (annualized) | +20.04% | +21.36% | |
| 5Y Return (annualized) | +12.22% | +13.19% | |
| Volatility (annualized) | 12.7% | 15.3% | |
| Max Drawdown | -18.4% | -56.5% | |
| Fund Family | 6 Meridian ETF | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | May 11, 2020 | Jan 22, 1993 |
SIXA vs SPY Performance
ETC 6 Meridian Mega Cap Equity ETF (SIXA) is a ETF from 6 Meridian ETF and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year SIXA returned +19.44% while SPY returned +22.52%. Year to date, SIXA is up 16.50% versus a gain of 13.39% for SPY.
Over three years, SIXA compounded at +20.04% per year against +21.36% for SPY; over five years the annualized figures are +12.22% and +13.19% respectively. Across the full 6-year window we track, SIXA has the edge at +15.88% annualized vs +8.84%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 12.7% 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 -18.4% for SIXA and -56.5% for SPY. 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
SIXA charges 0.46% per year while SPY charges 0.09%. On a $10,000 position that is $46 vs $9 annually, a gap of $37 per year that compounds over a long holding period. On income, SIXA currently yields 2.01% against 1.01% for SPY.
Holdings Overlap
SIXA and SPY share 49 holdings out of 504 unique holdings combined, representing a 26.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SIXA or SPY?
SIXA has an expense ratio of 0.46% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $37 per year of difference.
Which performed better, SIXA or SPY?
Over the past year SIXA returned +19.44% vs +22.52% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (6 years), SIXA annualized +15.88% vs +8.84% for SPY. Past performance does not guarantee future results.
Which is riskier, SIXA or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 12.7% for SIXA. Worst drawdown: SIXA -18.4% vs SPY -56.5%.
Should I hold both SIXA and SPY?
SIXA and SPY 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 SIXA and SPY?
SIXA and SPY share 49 common holdings with a 26.1% weight overlap. Combined, they hold 504 unique securities.
Which pays a higher dividend, SIXA or SPY?
SIXA yields 2.01% while SPY yields 1.01%, so SIXA currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.