BALI and SIXH are both covered call ETFs tracking the same benchmark, but with different approaches. BALI offers ~8% yield with a focus on cost-conscious investor seeking passive s&p 500 covered call exposure, while SIXH provides ~7% yield targeting very defensive investor prioritizing capital preservation above all. Compare their scores, yields, and performance metrics to find the best fit for your portfolio.
Compare covered call ETFs with the same benchmark side by side
iShares S&P 500 BuyWrite ETF
6.2
Overall Score
6 Meridian Hedged Equity-Income ETF
6.0
Overall Score
| Criteria | BALI | SIXH |
|---|---|---|
| Overall Score | 6.2 6.0 | |
| Total Return (25%) | 8.5 5.0 | |
| Downside Protection (25%) | 1.6 10.0 | |
| Upside Participation (25%) | 8.9 4.2 | |
| Consistency (15%) | 5.2 5.5 | |
| Expense Ratio (5%) | 9.4 2.8 | |
| Liquidity (5%) | 4.9 4.6 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | BALI | SIXH |
|---|---|---|
| Expense Ratio | 0.250% | 0.780% |
| Inception Date | Oct 18, 2022 | Oct 8, 2020 |
| Issuer | BlackRock | 6 Meridian |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 3/5 stars | 4/5 stars |
The cheapest S&P 500 covered call ETF — but 2-star maturity and very low downside protection are concerns
Investor Profile:
Cost-conscious investor seeking passive S&P 500 covered call exposure
The most defensive fund in our universe — ideal for bear market protection but sacrifices significant upside
Investor Profile:
Very defensive investor prioritizing capital preservation above all