SIXL vs PNI

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

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

SIXL vs PNI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

SIXL

$189M

PNI

$188M

Expense Ratio

SIXL

0.46%

PNI

N/A

Max Drawdown

Winner

SIXL

16.90%

PNI

64.22%

Sharpe Ratio

SIXL

0.42

Winner

PNI

0.91

5Y Beta

SIXL

0.35

Winner

PNI

0.13

P/E Ratio

SIXL

17.93

PNI

N/A

Forward P/E

SIXL

15.92

PNI

N/A

5Y Dividends CAGR

Winner

SIXL

38.89%

PNI

-4.39%

5Y EPS CAGR

SIXL

10.87%

PNI

N/A

Debt to Equity

SIXL

53.01%

PNI

N/A

P/S Ratio

SIXL

1.51

PNI

N/A

P/B Ratio

SIXL

2.31

PNI

N/A

SIXL vs PNI - Historical Returns

Returns include dividend reinvestment.

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

Winner

SIXL

+1.87%

PNI

+1.43%

SIXL

+1.90%

Winner

PNI

+2.21%

Winner

SIXL

+5.84%

PNI

+4.94%

SIXL

+8.13%

Winner

PNI

+11.09%

5Y(CAGR)

Winner

SIXL

+4.08%

PNI

-5.66%

10Y(CAGR)

SIXL

N/A

PNI

-2.02%

Max(CAGR)

Winner

SIXL

+8.56%

PNI

+2.74%

SIXL vs PNI - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

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

SIXL vs PNI Drawdown Comparison

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

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

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

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

Correlation

Correlation between SIXL and PNI 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)

SIXL vs PNI dividend yield comparison.

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