OEF vs SIXA: Grades, Fees and Holdings Compared

iShares S&P 100 ETF

OEFBNYSE Arca

ETC 6 Meridian Mega Cap Equity ETF

SIXADNYSE Arca

Overlap

31.8%by weight

Expense ratio

OEF −0.26pt a year

OEF0.20%SIXA0.46%

Avg volume · 30D

OEF 15.2×the volume

OEF220KSIXA14.5K

5Y return · a year

OEF +0.2pt

OEF+13.3%SIXA+13.1%

OEF vs SIXA Performance

Oct 29, 2021 – Oct 30, 2026

+86.4%OEF+85.4%SIXA

Expense ratio: OEF 0.20%, better; SIXA 0.46%
Fund size: OEF $20B; SIXA $564M
1Y total return: OEF +9.1%; SIXA +22.2%, better
Yield (12M): OEF 0.87%; SIXA 1.93%, better
Holdings: OEF 104; SIXA 49
Avg volume (30D): OEF 220K sh, better; SIXA 14.5K sh
NAV per share: OEF $373.25; SIXA $58.55
52W range

ETF.net Grade

Pillar letters and Scores for OEF, SIXA, with each pillar’s weight
Pillar	OEF	SIXA
Cost30% weight	D39Higher	F15
Mission25% weight	A98Higher	F23
Risk15% weight	D37	A86Higher
Tradability15% weight	A72Higher	D34
Holdings10% weight	C41	B68Higher
Durability5% weight	A83Higher	D26

Rank among US Mega-Cap funds

How we build Categories ›

Same Category. OEF and SIXA are both graded against the same 6 US Mega-Cap funds, so their Grades compare head to head.

US Mega-Cap⁠

Category · 6 funds

See all 6 ›

OEF ranks 4th and SIXA 6th of 6 funds in the US Mega-Cap Category.

Rank 1AMGCVanguard Morningstar Mega Cap ETFScore 74
Rank 2BUSMCPrincipal U.S. Mega-Cap ETFScore 69
Rank 3BBBLUEA Bridgeway Blue Chip ETFScore 64
Rank 4BOEFiShares S&P 100 ETFScore 60
Rank 5CTOPTiShares Top 20 U.S. Stocks ETFScore 48
Rank 6DSIXAETC 6 Meridian Mega Cap Equity ETFScore 36

Our read on each fund

ETF.net Research

OEFBiShares S&P 100 ETF

SIXADETC 6 Meridian Mega Cap Equity ETF

In short

OEF The S&P 500's inner circle. OEF has held about 100 U.S. mega-caps since 2000, a plain index fund that owns the giants and skips everything below them.

SIXA Most mega-cap funds just buy the biggest companies. SIXA is actively managed: it screens the largest 10% of the Russell 3000 on beta, momentum, yield, value and quality down to roughly 50 names, at 0.46% with no waiver in place.

Stated mandate

OEF The fund seeks to track an index composed of 100 U.S. mega-cap stocks.

SIXA The Fund seeks capital appreciation.

Why people hold it

OEF Launched in 2000, one of the longest-running mega-cap index funds around, and now a multi-billion-dollar fund.
Tracks the S&P 100 Index with very little slippage, which is the whole job of a fund like this.
No leverage, no derivatives overlay: a standard 1940 Act stock fund holding about 100 U.S. mega-caps, paying out quarterly.

SIXA Rules-driven stock picking inside the mega-cap universe: names are ranked on beta, momentum, yield, value and quality, then weighted by how many factors they score well on.sec.gov
A low-beta tilt is written into the model, which ranks lower-beta stocks more favorably, so it leans toward steadier giants rather than the hottest ones.sec.gov
Roughly 50 holdings, so each position actually matters, versus the hundreds of names in a cap-weighted mega-cap index. Distributions go out monthly.
Live since 2020, which means several years of real-world record for an active strategy, not a backtest.

Worth knowing

OEF At 0.20% a year, it costs four times the 0.05% Vanguard charges on mega-cap rivals MGC and MGK.
About 100 names, weighted by size, means the handful of largest U.S. companies set the tone. Concentration is the design, not a bug.
Moderately traded rather than the busiest ticker in mega-cap land, so limit orders earn their keep in fast markets.

SIXA At 0.46% with no waiver, it sits above the category median fee; index rivals cover mega caps for less, including MGC at 0.05% and OEF at 0.20%.
Thinly traded next to its index peers, so bid-ask spreads can be wider and bigger orders can push the price around.
Non-diversified and concentrated, with active turnover, so results can drift well away from a standard mega-cap index in either direction, and it ranks behind cheaper rivals in this small peer group.sec.gov

Full OEF profile⁠

Full SIXA profile⁠

OEF vs SIXA Holdings

How OEF and SIXA differ

Overlap by weight

31.8%

Shared holdings make up 99.6% of SIXA and 54.9% of OEF.

Level by level

Sector26 Sectors14.6%
Holdings48 in both31.8%
Asset classEquity100%
Countryby domicile100%

Sector

Sector weights in OEF and SIXA, widest gap first
Sector	More in OEFMore in SIXA	OEF	SIXA
Consumer Staples	SIXA +25.8 points	0.0%	25.8%
Semiconductors & Semiconductor Equipment	OEF +21.3 points	21.3%	0.0%
Health Care	SIXA +17.8 points	0.0%	17.8%
Technology	SIXA +15.8 points	0.0%	15.8%
Tech Hardware & Equip	OEF +12.3 points	12.3%	0.0%
Software & Services	OEF +12.0 points	12.0%	0.0%
Media & Entertainment	OEF +10.6 points	10.6%	0.0%
Communication	SIXA +10.0 points	0.0%	10.0%
Industrials	SIXA +7.9 points	0.0%	7.9%
Pharma, Biotech & Life Sciences	OEF +7.5 points	7.5%	0.0%
Capital Goods	OEF +3.7 points	3.7%	0.0%
Banks	OEF +3.6 points	3.6%	0.0%
Real Estate	SIXA +2.9 points	0.2%	3.1%
Autos & Components	OEF +2.5 points	2.5%	0.0%
Food Bevg Tobacco	OEF +2.1 points	2.1%	0.0%
Utilities	SIXA +2.1 points	0.8%	2.9%
Consumer Staples Distribution & Retail	OEF +2.0 points	2.0%	0.0%
Consumer Discretionary	OEF +1.9 points	5.9%	4.0%
Health Care Equipment & Services	OEF +1.9 points	1.9%	0.0%
Energy	SIXA +1.8 points	2.8%	4.6%
Financials	SIXA +1.3 points	6.9%	8.2%
Telecommunications	OEF +1.0 points	1.0%	0.0%
Transportation	OEF +0.9 points	0.9%	0.0%
Consumer Services	OEF +0.8 points	0.8%	0.0%
Household & Personal Prod	OEF +0.8 points	0.8%	0.0%
Materials	OEF +0.5 points	0.5%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in OEF and SIXA, widest gap first
Country	More in OEFMore in SIXA	OEF	SIXA
United States	Same weight	100.0%	100.0%

Concentration

Weight in the 10 largest Holdings

OEF50.8%
SIXA37.0%

Securities held

OEF101
SIXA48

Asset class

OEF: Equity
SIXA: Equity

Holdings

Only in OEF53
In both48
Only in SIXA0

Only in OEF

53 securities, 44.9% of OEF by weight

Microsoft8.09%
Alphabet Class A3.43%
Broadcom Inc3.24%
Meta Platforms Class A2.83%
Alphabet Class C2.76%
Tesla Inc2.35%
Berkshire Hathaway Inc Class B2.11%
Visa Class A1.47%
Mastercard Class A1.08%
Chevron0.97%
UnitedHealth Group0.76%
Home Depot0.68%
Intel Corporation0.68%
Bank of America0.68%
Ge Aerospace0.65%
Palo Alto Networks0.62%
Texas Instrument0.57%
Rtx0.56%
Goldman Sachs Group0.54%
Netflix0.54%
Thermo Fisher Scientific0.54%
International Business Machines Co0.51%
Linde PLC0.49%
Oracle0.47%
Morgan Stanley0.46%
Citigroup0.43%
Walt Disney0.40%
Abbott Laboratories0.38%
Union Pacific0.38%
Arista Networks0.37%
Nextera Energy0.36%
Deere0.35%
BlackRock0.34%
Accenture PLC Class A0.33%
Intuitive Surgical0.32%
Danaher0.30%
Charles Schwab0.30%
Boeing0.28%
Uber Technologies0.28%
Dell Technologies Inc Class C0.27%
Capital One Financial Corp0.26%
Starbucks Corp0.25%
Lowes Companies Inc0.24%
Cvs Health0.24%
Servicenow0.23%
Southern0.22%
Adobe Inc0.21%
Intuit0.19%
Emerson Electric0.19%
3M0.19%

Only in SIXA

0 securities, 0.0% of SIXA by weight

Weight gaps

All 48 Holdings in both funds, largest gap first.

Holding weights in OEF and SIXA, widest gap first
Holding	More in OEFMore in SIXA	OEF	SIXA
AppleAAPL	OEF +9.14 points	10.49%	1.35%
NVIDIANVDA	OEF +9.14 points	10.33%	1.19%
Altria Group IncMO	SIXA +5.61 points	0.27%	5.88%
PepsicoPEP	SIXA +3.68 points	0.39%	4.07%
Amazon.com IncAMZN	OEF +3.66 points	4.92%	1.26%
Philip Morris InternationalPM	SIXA +3.57 points	0.68%	4.25%
Bristol Myers SquibbBMY	SIXA +3.54 points	0.27%	3.81%
Verizon Communications IncVZ	SIXA +3.27 points	0.39%	3.66%
AT&TT	SIXA +2.99 points	0.31%	3.30%
American Tower ReitAMT	SIXA +2.76 points	0.18%	2.94%
ConocophillipsCOP	SIXA +2.64 points	0.39%	3.03%
Duke Energy CorpDUK	SIXA +2.64 points	0.21%	2.85%
Fedex CorpFDX	SIXA +2.63 points	0.14%	2.77%
Mondelez International Class AMDLZ	SIXA +2.60 points	0.17%	2.77%
Us BancorpUSB	SIXA +2.57 points	0.19%	2.76%
Comcast Class ACMCSA	SIXA +2.47 points	0.17%	2.64%
Costco Wholesale CorpCOST	SIXA +1.84 points	0.94%	2.78%
WalmartWMT	SIXA +1.82 points	1.15%	2.97%
SandiskSNDK	SIXA +1.62 points	0.35%	1.97%
Lockheed MartinLMT	SIXA +1.36 points	0.27%	1.63%
Lam ResearchLRCX	SIXA +1.32 points	0.62%	1.94%
Johnson & JohnsonJNJ	SIXA +1.31 points	1.37%	2.68%
General Dynamics CorpGD	SIXA +1.22 points	0.20%	1.42%
Medtronic PLCMDT	SIXA +1.19 points	0.25%	1.44%
Bank of New York Mellon CorpBNY	SIXA +1.14 points	0.21%	1.35%
Mcdonalds CorpMCD	SIXA +1.05 points	0.38%	1.43%
American ExpressAXP	SIXA +1.04 points	0.35%	1.39%
Gilead SciencesGILD	SIXA +0.99 points	0.44%	1.43%
PfizerPFE	SIXA +0.99 points	0.36%	1.35%
Booking HoldingsBKNG	SIXA +0.97 points	0.23%	1.20%
QualcommQCOM	SIXA +0.92 points	0.37%	1.29%
Amgen IncAMGN	SIXA +0.89 points	0.53%	1.42%
SalesforceCRM	SIXA +0.88 points	0.39%	1.27%
Wells FargoWFC	SIXA +0.85 points	0.53%	1.38%
Ge VernovaGEV	SIXA +0.71 points	0.48%	1.19%
Eli LillyLLY	SIXA +0.68 points	2.37%	3.05%
Procter & GamblePG	SIXA +0.65 points	0.78%	1.43%
Coca-ColaKO	SIXA +0.61 points	0.76%	1.37%
Advanced Micro DevicesAMD	OEF +0.53 points	1.72%	1.19%
JPMorgan Chase & CoJPM	OEF +0.53 points	1.87%	1.34%
Merck & Co IncMRK	SIXA +0.52 points	0.77%	1.29%
Palantir Technologies Class APLTR	SIXA +0.45 points	0.88%	1.33%
Cisco Systems IncCSCO	SIXA +0.43 points	0.86%	1.29%
Caterpillar IncCAT	SIXA +0.42 points	0.60%	1.02%
Applied Material IncAMAT	SIXA +0.37 points	0.65%	1.02%
AbbVieABBV	SIXA +0.34 points	1.09%	1.43%
Micron TechnologyMU	SIXA +0.21 points	2.08%	2.29%
Exxonmobil Holdings CorpXOM	OEF +0.17 points	1.61%	1.44%

All 101 OEF holdings⁠All 48 SIXA holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

OEF vs SIXA Cost

Overpaying SIXA vs OEF

$5,075

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

OEF 0.20%
$4,155
SIXA 0.46%
$9,230

Amount$10,000

Years30 years

Cost over time

OEF 0.20%
SIXA 0.46%
Overpaying

Year by year

Year	OEF	SIXA	Overpaying
10	$365	$830	$465
20	$1,421	$3,195	$1,774
30	$4,155	$9,230	$5,075

Expense ratio

0.20%OEF, cheaper
0.46%SIXA

OEF0.20%SIXA0.46%

0.05%0.46%

Middle half of US Mega-Cap funds
Median 0.17%

OEF 4th cheapest of 6 funds

SIXA 6th cheapest of 6 funds

OEF vs SIXA Dividends

Last 12 months to Oct 30, 2026

Yield (12M): OEF 0.87%; SIXA 1.93%, better
Payout (12M): OEF $3.26; SIXA $1.13
Last payment: OEF $0.76; SIXA $0.17
Ex-dividend: OEF Sep 15, 2026; SIXA Oct 28, 2026
Paid on: OEF Sep 18, 2026; SIXA Oct 30, 2026
Frequency: OEF Quarterly; SIXA Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

OEFQuarterly · 15 paymentsAll OEF payments⁠

SIXAMonthly · 46 paymentsAll SIXA payments⁠

OEF vs SIXA Risk

Fall from peak · 5 years

OEF
SIXA

Risk facts

VolatilityStd dev, 3 years: OEF 13.5%SIXA 9.4%, better
Return per unit of riskSharpe ratio, 3 years: OEF 1.40SIXA 1.85, better
Worst fallMax drawdown, 5 years: OEF −26.5%SIXA −18.4%, better
Market sensitivityBeta, 5 years: OEF 1.03SIXA 0.56; Market = 1

Popular comparisons

OEFBvsMGCA
iShares S&P 100 ETF · Vanguard Morningstar Mega Cap ETF
Expense ratio
0.20% · 0.05%
Category
SIXADvsMGCA
ETC 6 Meridian Mega Cap Equity ETF · Vanguard Morningstar Mega Cap ETF
Expense ratio
0.46% · 0.05%
Category
OEFBvsUSMCB
iShares S&P 100 ETF · Principal U.S. Mega-Cap ETF
Expense ratio
0.20% · 0.12%
Category
SIXADvsUSMCB
ETC 6 Meridian Mega Cap Equity ETF · Principal U.S. Mega-Cap ETF
Expense ratio
0.46% · 0.12%
Category
OEFBvsBBLUB
iShares S&P 100 ETF · EA Bridgeway Blue Chip ETF
Expense ratio
0.20% · 0.15%
Category
SIXADvsBBLUB
ETC 6 Meridian Mega Cap Equity ETF · EA Bridgeway Blue Chip ETF
Expense ratio
0.46% · 0.15%
Category