SIXH vs FTHI: Which Covered Call ETF Is Better?

SIXH and FTHI are both covered call ETFs tracking the same benchmark, but with different approaches. SIXH offers ~7% yield with a focus on very defensive investor prioritizing capital preservation above all, while FTHI provides ~8% yield targeting investor seeking actively managed covered call strategy. Compare their scores, yields, and performance metrics to find the best fit for your portfolio.

Compare ETFs

Compare covered call ETFs with the same benchmark side by side

Step 1: Select Benchmark

Step 2: Select ETFs to Compare

SIXH

6 Meridian Hedged Equity-Income ETF

S&P 500Inception: Oct 8, 2020

6.0

Overall Score

FTHI

First Trust BuyWrite Income ETF

S&P 500Inception: Jan 6, 2014

4.9

Overall Score

CriteriaSIXHFTHI
Overall Score
6.0
4.9
Total Return (25%)
5.0
3.7
Downside Protection (25%)
10.0
5.2
Upside Participation (25%)
4.3
6.6
Consistency (15%)
5.6
4.8
Expense Ratio (5%)
2.8
1.9
Liquidity (5%)
4.6
5.3
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Compare Across All Time Windows

Since Inception

3 Years

Pro only

1 Year

Pro only

3 Months

Pro only

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Key Metrics

MetricSIXHFTHI
Expense Ratio0.780%0.850%
Inception DateOct 8, 2020Jan 6, 2014
Issuer6 MeridianFirst Trust
Distribution FrequencyMonthlyMonthly
Maturity Rating4/5 stars5/5 stars

Verdicts

SIXH

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

FTHI

Underrated fund with solid track record — the high expense ratio is the main drag

Investor Profile:

Investor seeking actively managed covered call strategy

Full scores for these funds

See where these rank against every SPY fund

Both funds are scored on total return, downside protection, upside participation, distribution consistency, cost and liquidity, against the same benchmark and the same window.

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