PNI vs SIXL

Comparison between Pimco New York Municipal Income Fund II (PNI, ETF) and ETC 6 MERIDIAN LOW BETA EQUITY STRATEGY ETF (SIXL, ETF).

5-Year PerformanceSIXL has outperformed PNI, delivering a return of +4.1% compared to -5.7%

PNI vs SIXL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PNI(ETF)	SIXL(ETF)
Net Assets	$188M	$189M
Expense Ratio	N/A	0.46%
Max Drawdown	64.22%	16.90%
Sharpe Ratio	0.91	0.42
5Y Beta	0.13	0.35
P/E Ratio	N/A	17.93
Forward P/E	N/A	15.92
5Y Dividends CAGR	-4.39%	38.89%
5Y EPS CAGR	N/A	10.87%
Debt to Equity	N/A	53.01%
P/S Ratio	N/A	1.51
P/B Ratio	N/A	2.31

Net Assets

PNI

$188M

Winner

SIXL

$189M

Expense Ratio

PNI

N/A

SIXL

0.46%

Max Drawdown

PNI

64.22%

Winner

SIXL

16.90%

Sharpe Ratio

Winner

PNI

0.91

SIXL

0.42

5Y Beta

Winner

PNI

0.13

SIXL

0.35

P/E Ratio

PNI

N/A

SIXL

17.93

Forward P/E

PNI

N/A

SIXL

15.92

5Y Dividends CAGR

PNI

-4.39%

Winner

SIXL

38.89%

5Y EPS CAGR

PNI

N/A

SIXL

10.87%

Debt to Equity

PNI

N/A

SIXL

53.01%

P/S Ratio

PNI

N/A

SIXL

1.51

P/B Ratio

PNI

N/A

SIXL

2.31

PNI vs SIXL - Historical Returns

Returns include dividend reinvestment.

Period	PNI	SIXL
1 month	+1.43%	+1.87%
3 months	+2.21%	+1.90%
6 months	+4.94%	+5.84%
1 year	+11.09%	+8.13%
5 years(CAGR)	-5.66%	+4.08%
10 years(CAGR)	-2.02%	N/A
Max(CAGR)	+2.74%	+8.56%

PNI

+1.43%

Winner

SIXL

+1.87%

Winner

PNI

+2.21%

SIXL

+1.90%

PNI

+4.94%

Winner

SIXL

+5.84%

Winner

PNI

+11.09%

SIXL

+8.13%

5Y(CAGR)

PNI

-5.66%

Winner

SIXL

+4.08%

10Y(CAGR)

PNI

-2.02%

SIXL

N/A

Max(CAGR)

PNI

+2.74%

Winner

SIXL

+8.56%

PNI vs SIXL - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	PNI	SIXL
2026	+4.49%	+6.74%
2025	+0.74%	+0.14%
2024	-0.59%	+13.42%
2023	-0.22%	+2.15%
2022	-26.08%	-7.19%
2021	+8.85%	+20.72%
2020	-5.47%	+18.42%
2019	+17.54%	N/A
2018	-6.93%	N/A
2017	+4.74%	N/A
2016	+2.82%	N/A
2015	+7.62%	N/A
2014	+26.98%	N/A
2013	-16.64%	N/A
2012	+18.08%	N/A
2011	+16.17%	N/A
2010	+1.49%	N/A
2009	+61.88%	N/A
2008	-45.31%	N/A
2007	-9.31%	N/A
2006	+1.82%	N/A
2005	+22.84%	N/A
2004	+8.37%	N/A
2003	+5.03%	N/A
2002	-3.93%	N/A

PNI vs SIXL Drawdown Comparison

The maximum drawdown for PNI was -59.91%, occurring on Dec 15, 2008. Recovery took 987 trading sessions.

The maximum drawdown for SIXL was -16.07%, occurring on Oct 7, 2022. Recovery took 591 trading sessions.

The current PNI drawdown is -26.01%. The current SIXL drawdown is -1.92%.

Rank	PNI	SIXL
#1	-59.91% Feb 7, 2008 - Jan 6, 2012	-16.07% Dec 31, 2021 - May 9, 2024
#2	-44.12% Aug 4, 2021 - Oct 27, 2023	-11.65% Nov 29, 2024 - Feb 5, 2026
#3	-34.33% Feb 27, 2020 - Jul 6, 2021	-7.53% Jun 8, 2020 - Jul 29, 2020
#4	-22.88% Nov 30, 2012 - Dec 3, 2014	-7.12% Aug 7, 2020 - Oct 12, 2020
#5	-20.89% Jul 8, 2016 - Jan 7, 2020	-6.52% Mar 2, 2026 - Mar 20, 2026
#6	-14.60% Mar 17, 2004 - Oct 15, 2004	-5.84% Oct 12, 2020 - Nov 11, 2020
#7	-14.08% Apr 24, 2007 - Feb 7, 2008	-5.82% Feb 12, 2021 - Mar 15, 2021
#8	-12.73% Jan 9, 2006 - Nov 29, 2006	-5.20% Nov 16, 2021 - Dec 22, 2021
#9	-8.04% Jul 2, 2003 - Jan 22, 2004	-5.13% Sep 2, 2021 - Nov 5, 2021
#10	-7.48% Jul 18, 2002 - May 14, 2003	-3.96% May 11, 2020 - May 26, 2020
#11	-7.30% Sep 30, 2005 - Dec 12, 2005	-3.54% May 16, 2024 - Jul 12, 2024
#12	-7.19% Feb 9, 2012 - May 1, 2012	-3.44% Jul 30, 2024 - Aug 16, 2024
#13	-6.86% Feb 4, 2015 - Oct 26, 2015	-2.88% Apr 23, 2021 - Jun 7, 2021
#14	-6.72% Mar 7, 2005 - May 2, 2005	-2.88% Mar 15, 2021 - Apr 1, 2021
#15	-4.78% Oct 26, 2015 - Dec 21, 2015	-2.87% Jan 26, 2021 - Feb 5, 2021

Correlation

Correlation between PNI and SIXL is -0.34 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.34

-101

Dividend Comparison (2002 - 2026)

PNI vs SIXL dividend yield comparison.

Year	PNI	SIXL
2026	2.52%	0.83%
2025	5.14%	2.31%
2024	4.94%	1.28%
2023	4.66%	1.48%
2022	6.04%	1.45%
2021	4.23%	0.67%
2020	4.42%	0.40%
2019	4.24%	0.00%
2018	5.78%	0.00%
2017	5.20%	0.00%
2016	6.63%	0.00%
2015	6.44%	0.00%
2014	6.53%	0.00%
2013	7.78%	0.00%
2012	6.23%	0.00%
2011	6.91%	0.00%
2010	7.58%	0.00%
2009	7.19%	0.00%
2008	11.25%	0.00%
2007	5.89%	0.00%
2006	5.23%	0.00%
2005	6.06%	0.00%
2004	6.99%	0.00%
2003	6.75%	0.00%
2002	2.90%	0.00%