ETC 6 Meridian Hedged Equity Index Option ETF
$43.86−0.29 (−0.66%)
- 0.31%
- $607M
- +17.8%
- 1.76%
- 0M sh
- $44.03
- low $37.48high $44.80
The ETF.net SIXH Grade
B
Score 68 out of 100
- 14 of 52
Score 68 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A84 out of 100Rank 8 of 52Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A74 out of 100Rank 7 of 52Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D29 out of 100Rank 44 of 52Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A73 out of 100Rank 13 of 41Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B68 out of 100Rank 14 of 52
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
- 51
- 35%
- MO
Sectors
- Consumer Staples24.3%
- Technology20.1%
- Health Care15.8%
- Communication12.9%
- Financials8.9%
- Consumer Discretionary6.2%
- Industrials4.2%
- Energy3.9%
- Real Estate3.8%
- Utilities0.0%
- Materials0.0%
Geography
- United States98.73%
- Ireland1.27%
SIXH Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
SIXH$11,778
Returns run to the Oct 12, 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 | +13.8% |
| 1 month | −0.8% |
| 3 months | +2.8% |
| 1 year | +17.8% |
| 3 years | +13.3% |
| 5 years | +10.1% |
| 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 | +13.8% | |
| 2025 | +9.5% | |
| 2024 | +12.1% | |
| 2023 | +4.9% | |
| 2022 | +6.9% | |
| 2021 | +18.4% | |
| 2020 | +5.8% |
SIXH in the news
SIXH Dividends
- 1.76%
- $0.78
- $0.07 per share
- Monthly
Distribution history
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.
- 1.15
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
0.31%
SIXH0.31%
- The middle half of S&P 500 Option Income funds
- Median 0.60%
6 of the 51 S&P 500 Option Income funds charge less.
Other funds in S&P 500 Option Income
- ASPYINeos S&P 500(R) High Income ETFExpense ratio 0.68%1 year return +18.6%
- BPAPIParametric Equity Premium Income ETFExpense ratio 0.29%1 year return +14.6%
- BNBOSNeuberger Berman Option Strategy ETFExpense ratio 0.59%1 year return +18.1%
- BWTPIWisdomTree Equity Premium Income FundExpense ratio 0.44%1 year return +14.5%
- BXPAYRoundhill Investments - S&P 500 Target 20 Managed Distribution ETFExpense ratio 0.49%1 year return +19.5%