ETC 6 Meridian Hedged Equity Index Option ETF
$44.36+0.07 (+0.15%)
- Expense ratio
- 0.31%
- Fund size
- $607M
- 1Y return
- +17.5%
- Yield · Last 12 months
- 1.75%
- Holdings
- 52
- Volume · 30D
- 0M sh
- NAV per share
- $44.29
- 52W range
The ETF.net SIXH Grade
Score 69 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 84Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 74Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 34Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 73Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 67Category rank
Our read on SIXH
BMost hedged-equity funds bolt options onto an index. SIXH runs a concentrated book of about 50 growth-and-quality stocks, then writes calls on broad equity indexes over the top. Active on both sides, and it pays monthly.
The Fund seeks capital appreciation. Its active strategy combines an equity portfolio with call-option writing on broad equity-market indices or funds, intended to reduce broad equity-market exposure.
Why people hold it
- Two decisions, not one: roughly 50 stocks screened for growth, profitability and quality, with index call writing layered on to trim broad equity-market exposure.
- Fee of 0.73% lands under the same-index rivals ACYS (0.75%), OVL (0.79%) and MRSK (0.98%), so the active overlay does not carry a premium price inside its own niche.
- Distributions arrive monthly, funded by option premium and the equity book rather than a fixed payout formula.
- Live since 2020 and one of the stronger implementations in a crowded options-income peer group, with a real asset base behind it.
Worth knowing
- Written calls hand back part of a strong rally. Premium comes in, upside gets clipped. That is the mechanism, not a malfunction.
- Thinly traded next to the category's heavyweights, which tends to mean wider spreads and more attention needed on order type.
- Fully active, with no index holding it to a benchmark: outcomes track the manager's stock selection and option decisions. NBOS runs a cheaper S&P 500 overlay at 0.59%.
SIXH Holdings
- Stocks
- 52
- 34%
- MO
Sectors
- Cons. Staples25.8%
- Technology19.3%
- Health Care14.9%
- Communication13.7%
- Financials10.4%
- Energy4.1%
- Consumer Discr.4.0%
- Industrials3.9%
- Real Estate3.7%
- Utilities0.1%
- Materials0.1%
Geography
- United States98.70%
- Ireland1.30%
SIXH Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | SIXH |
|---|---|
| Year to date | +14.0% |
| 1 month | −0.5% |
| 3 months | +4.0% |
| 1 year | +17.5% |
| 3 years | +13.3% |
| 5 years | +10.2% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SIXH |
|---|---|---|
| 2026 YTD | +14.0% | |
| 2025 | +9.5% | |
| 2024 | +12.1% | |
| 2023 | +4.9% | |
| 2022 | +6.9% | |
| 2021 | +18.4% | |
| 2020 | +5.8% |
SIXH in the news
ETF.net Research hasn’t filed on SIXH yet — coverage lands here as it’s written.
SIXH Dividends
- 1.75%
- $0.77
- $0.01 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 27, 2026 | Aug 31, 2026 | $0.01 |
| Jul 29, 2026 | Jul 31, 2026 | $0.10 |
| Jun 26, 2026 | Jun 30, 2026 | $0.08 |
| May 27, 2026 | May 29, 2026 | $0.05 |
| Apr 28, 2026 | Apr 30, 2026 | $0.09 |
| Mar 27, 2026 | Mar 31, 2026 | $0.07 |
| Feb 25, 2026 | Feb 27, 2026 | $0.01 |
| Jan 28, 2026 | Jan 30, 2026 | $0.06 |
| Dec 30, 2025 | Dec 31, 2025 | $0.09 |
| Nov 25, 2025 | Nov 26, 2025 | $0.04 |
| Oct 30, 2025 | Oct 31, 2025 | $0.11 |
| Sep 29, 2025 | Sep 30, 2025 | $0.07 |
SIXH Risk
- 7.0%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.20
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −11.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.09
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SIXH Cost
- The middle half of S&P 500 Option Income funds
- Median 0.60%
7 of the 51 S&P 500 Option Income funds charge less.