SIXL vs VOO
6 Meridian Low Beta Equity Strategy ETF vs Vanguard S&P 500 ETF
Which is better, SIXL or VOO?
Mid Cap Blend against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. SIXL is less concentrated, with 6.7% of the fund in its ten largest positions against 37.6%.
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 | SIXL | VOO |
|---|---|---|
| Expense Ratio | 0.46% | 0.03%Best |
| AUM | $205M | $997.4B |
| Dividend Yield | 2.16% | 1.04% |
| Holdings | 241 | 509 |
| YTD Return | +7.62% | +12.25%Best |
| 1Y Return | +8.42% | +17.03%Best |
| 3Y Return (annualized) | +9.10% | +21.25%Best |
| 5Y Return (annualized) | +4.50% | +13.08%Best |
| Volatility (annualized) | 12.4%Best | 15.4% |
| Max Drawdown | -16.1%Best | -24.5% |
| $10,000 over 5 years | $12,462 | $18,490Best |
| Top 10 Weight | 6.7%Best | 37.6% |
| Fund Family | 6 Meridian ETF | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Blend |
| Inception | May 11, 2020 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: May 11, 2020 to Sep 17, 2026 (6.4 years).
SIXL vs VOO 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.
SIXL vs VOO Performance
6 Meridian Low Beta Equity Strategy ETF (SIXL) is an ETF from 6 Meridian ETF and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year SIXL returned +8.42% while VOO returned +17.03%. Year to date, SIXL is up 7.62% versus a gain of 12.25% for VOO.
Over three years, SIXL compounded at +9.10% per year against +21.25% for VOO; over five years the annualized figures are +4.50% and +13.08% respectively. Across the full 6-year window we track, VOO has the edge at +17.72% annualized vs +8.21%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 12.4% for SIXL. 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 -16.1% for SIXL and -24.5% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SIXL charges 0.46% per year while VOO charges 0.03%. On a $10,000 position that is $46 vs $3 annually, a gap of $43 per year that compounds over a long holding period. On income, SIXL currently yields 2.16% against 1.04% for VOO.
Holdings Overlap
29.8% of SIXL's money is in holdings VOO also owns. 9.4% of VOO's money is in holdings SIXL also owns.
SIXL and VOO share little of their money.
75 positions in common, counted across the 241 positions we hold weights for in SIXL and 494 in VOO, against full books of 241 and 509.
What only one of them owns
Our book lists 413 positions for VOO that do not appear in our book for SIXL (89.8% of the fund), and 158 for SIXL that do not appear in VOO (67.1%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in SIXL | Weight in VOO | Difference |
|---|---|---|---|
| JNJJohnson & Johnson - Common | 0.46% | 0.96% | 0.50% |
| KOCoca Cola Co. | 0.47% | 0.53% | 0.06% |
| PMPhilip Morris International Inc. | 0.45% | 0.46% | 0.01% |
| PGProcter & Gamble Company | 0.39% | 0.52% | 0.13% |
| CVSCvs Corp | 0.51% | 0.21% | 0.30% |
| ELVElevance Health Inc | 0.57% | 0.13% | 0.44% |
| VZVerizon Communic | 0.40% | 0.30% | 0.10% |
| ABTAbbott Laboratories | 0.40% | 0.29% | 0.11% |
| BMYBristol-Myers Squibb Co. | 0.45% | 0.21% | 0.24% |
| PEPPepsico Inc. | 0.36% | 0.30% | 0.06% |
29.8% of SIXL is already inside VOO.
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, SIXL or VOO?
SIXL has an expense ratio of 0.46% while VOO charges 0.03%. VOO is the cheaper option, by $43 a year on a $10,000 investment.
Which performed better, SIXL or VOO?
Over the past year SIXL returned +8.42% vs +17.03% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (6 years), SIXL annualized +8.21% vs +17.72% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SIXL or VOO?
VOO has been the more volatile fund at 15.4% annualized versus 12.4% for SIXL. Worst drawdown: SIXL -16.1% vs VOO -24.5%.
Should I hold both SIXL and VOO?
SIXL and VOO have a monthly-return correlation of 0.70, 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 SIXL and VOO?
29.8% of SIXL's money is in holdings VOO also owns. 9.4% of VOO's is in holdings SIXL also owns. They hold 75 positions in common, counted across the 241 positions we hold weights for in SIXL and 494 in VOO.
Which pays a higher dividend, SIXL or VOO?
SIXL yields 2.16% while VOO yields 1.04%, so SIXL currently pays the higher dividend yield.
Is VOO better than SIXL?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. SIXL is less concentrated, with 6.7% of the fund in its ten largest positions against 37.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.