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SIXHETC 6 Meridian Hedged Equity-Index Option Strategy ETF

Get incomeTake a bet6y track recordRanked #134 of 949 in this goal

Seeks capital appreciation.

By Exchange Traded Concepts · Launched 2020

Annual Cost

0.69%

#3,611 of 5,861 · average

Fund Size

$556M

#1,507 of 5,861 · large

Dividend YieldGoal

1.88%

Track Record

6 years

#2,057 of 5,861 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,512+15.1%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Region

Global

Strategy

Option income

What it actually holds

By weight

Concentration

Top 10 holdings = 34.3% of fundwell diversified

Altria Group, Inc.
5.6%
VERIZON COMMUNICATIONS INC.
4.2%
Pepsico, Inc.
4.1%
AT&T INC.
3.9%
BRISTOL-MYERS SQUIBB COMPANY
2.8%
THE SOUTHERN COMPANY
2.7%
MERCK & CO., INC.
2.7%
COLGATE-PALMOLIVE COMPANY
2.7%
DUKE ENERGY CORPORATION
2.7%
JOHNSON & JOHNSON
2.7%

Asset allocation

Stocks
99.4%
Cash
0.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
7.9%Low

Year-on-year price swings

Max drawdown
-11.7%Mild

Worst peak-to-trough loss

Sharpe (3Y)
1.03Strong risk-adjusted returns
Sortino (3Y)
1.52Good downside protection

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks capital appreciation.
Strategy
Actively manages a portfolio of equity securities, primarily common stocks, while selling call options against market indices to generate income. Invests at least 80% in equity securities of companies of any capitalization, focusing on high quality large-capitalization securities.
Inception date
May 11, 2020
Fund family
Exchange Traded Concepts

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

The big yield isn't extra money

The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.

Sources: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-04