MCN vs SIXO

Comparison between Madison Covered Call & Equity Strategy Fund (MCN, ETF) and ALLIANZIM U.S. EQUITY 6 MONTH BUFFER10 APR/OCT ETF (SIXO, ETF).

5-Year PerformanceSIXO has outperformed MCN, delivering a return of +7.8% compared to +3.1%

MCN vs SIXO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MCN(ETF)	SIXO(ETF)
Net Assets	$127M	$127M
Expense Ratio	N/A	0.74%
Max Drawdown	75.11%	12.04%
Sharpe Ratio	-0.22	0.79
5Y Beta	0.52	0.47
5Y Dividends CAGR	1.61%	N/A

Net Assets

MCN

$127M

Winner

SIXO

$127M

Expense Ratio

MCN

N/A

SIXO

0.74%

Max Drawdown

MCN

75.11%

Winner

SIXO

12.04%

Sharpe Ratio

MCN

-0.22

Winner

SIXO

0.79

5Y Beta

MCN

0.52

Winner

SIXO

0.47

5Y Dividends CAGR

MCN

1.61%

SIXO

N/A

MCN vs SIXO - Historical Returns

Returns include dividend reinvestment.

Period	MCN	SIXO
1 month	+1.99%	+0.66%
3 months	-2.57%	+3.02%
6 months	-0.76%	+3.42%
1 year	+1.73%	+7.97%
5 years(CAGR)	+3.13%	+7.78%
10 years(CAGR)	+7.29%	N/A
Max(CAGR)	+5.40%	+7.78%

Winner

MCN

+1.99%

SIXO

+0.66%

MCN

-2.57%

Winner

SIXO

+3.02%

MCN

-0.76%

Winner

SIXO

+3.42%

MCN

+1.73%

Winner

SIXO

+7.97%

5Y(CAGR)

MCN

+3.13%

Winner

SIXO

+7.78%

10Y(CAGR)

MCN

+7.29%

SIXO

N/A

Max(CAGR)

MCN

+5.40%

Winner

SIXO

+7.78%

MCN vs SIXO - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	MCN	SIXO
2026	-1.26%	+3.71%
2025	+0.20%	+7.29%
2024	-0.33%	+12.45%
2023	+8.02%	+17.63%
2022	+6.33%	-5.84%
2021	+30.38%	+3.65%
2020	+14.91%	N/A
2019	+17.28%	N/A
2018	-12.21%	N/A
2017	+9.80%	N/A
2016	+14.94%	N/A
2015	-0.75%	N/A
2014	+9.41%	N/A
2013	+14.32%	N/A
2012	+12.18%	N/A
2011	-10.59%	N/A
2010	+10.23%	N/A
2009	+54.72%	N/A
2008	-38.79%	N/A
2007	-16.23%	N/A
2006	+12.53%	N/A
2005	+7.26%	N/A
2004	+1.32%	N/A

MCN vs SIXO Drawdown Comparison

The maximum drawdown for MCN was -65.08%, occurring on Mar 9, 2009. Recovery took 1641 trading sessions.

The maximum drawdown for SIXO was -12.04%, occurring on Oct 12, 2022. Recovery took 264 trading sessions.

The current MCN drawdown is -6.62%. The current SIXO drawdown is -0.05%.

Rank	MCN	SIXO
#1	-65.08% Apr 25, 2007 - Oct 29, 2013	-12.04% Mar 29, 2022 - Apr 18, 2023
#2	-38.60% Jan 15, 2020 - Nov 9, 2020	-11.95% Feb 18, 2025 - Jul 21, 2025
#3	-24.48% Jun 28, 2024 - Apr 7, 2025	-5.34% Sep 14, 2023 - Nov 20, 2023
#4	-22.86% Oct 1, 2018 - Jan 15, 2020	-4.34% Jul 16, 2024 - Aug 19, 2024
#5	-19.57% Sep 9, 2022 - Jan 11, 2023	-4.33% Jan 3, 2022 - Mar 25, 2022
#6	-18.33% Jan 12, 2022 - Sep 8, 2022	-4.13% Feb 2, 2026 - Apr 30, 2026
#7	-17.00% Apr 27, 2023 - Jun 28, 2024	-2.74% Mar 28, 2024 - May 9, 2024
#8	-15.90% May 21, 2015 - May 27, 2016	-2.66% Aug 30, 2024 - Sep 16, 2024
#9	-11.23% Aug 17, 2005 - Sep 25, 2006	-2.27% Oct 27, 2025 - Nov 28, 2025
#10	-9.01% Jul 10, 2014 - May 20, 2015	-1.89% Dec 11, 2024 - Jan 21, 2025
#11	-8.74% Sep 13, 2021 - Dec 10, 2021	-1.61% Nov 8, 2021 - Dec 8, 2021
#12	-8.15% Dec 10, 2021 - Jan 11, 2022	-1.51% May 1, 2023 - May 17, 2023
#13	-8.12% Jan 24, 2018 - Jul 2, 2018	-1.47% Oct 8, 2025 - Oct 20, 2025
#14	-5.66% Jun 11, 2021 - Jul 13, 2021	-1.41% Jul 31, 2023 - Aug 29, 2023
#15	-5.47% Oct 5, 2017 - Dec 28, 2017	-1.40% Jan 9, 2026 - Jan 27, 2026