SIXO vs BHYP

Comparison between ALLIANZIM U.S. EQUITY 6 MONTH BUFFER10 APR/OCT ETF (SIXO, ETF) and Bitwise Hyperliquid ETF (BHYP, ETF).

SIXO vs BHYP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SIXO(ETF)	BHYP(ETF)
Net Assets	$127M	$128M
Expense Ratio	0.74%	N/A
Max Drawdown	12.04%	27.22%
Sharpe Ratio	0.79	2.25
5Y Beta	0.47	3.60

Net Assets

SIXO

$127M

Winner

BHYP

$128M

Expense Ratio

SIXO

0.74%

BHYP

N/A

Max Drawdown

Winner

SIXO

12.04%

BHYP

27.22%

Sharpe Ratio

SIXO

0.79

Winner

BHYP

2.25

5Y Beta

Winner

SIXO

0.47

BHYP

3.60

SIXO vs BHYP - Historical Returns

Returns include dividend reinvestment.

Period	SIXO	BHYP
1 month	+0.66%	-10.30%
3 months	+3.02%	N/A
6 months	+3.42%	N/A
1 year	+7.97%	N/A
5 years(CAGR)	+7.78%	N/A
Max(CAGR)	+7.78%	+422.90%

Winner

SIXO

+0.66%

BHYP

-10.30%

SIXO

+3.02%

BHYP

N/A

SIXO

+3.42%

BHYP

N/A

SIXO

+7.97%

BHYP

N/A

5Y(CAGR)

SIXO

+7.78%

BHYP

N/A

Max(CAGR)

SIXO

+7.78%

Winner

BHYP

+422.90%

SIXO vs BHYP - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	SIXO	BHYP
2026	+3.71%	+35.45%
2025	+7.29%	N/A
2024	+12.45%	N/A
2023	+17.63%	N/A
2022	-5.84%	N/A
2021	+3.65%	N/A

SIXO vs BHYP Drawdown Comparison

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

The maximum drawdown for BHYP was -27.22%, occurring on Jun 10, 2026. This drawdown has not yet recovered.

The current SIXO drawdown is -0.05%. The current BHYP drawdown is -18.30%.

Rank	SIXO	BHYP
#1	-12.04% Mar 29, 2022 - Apr 18, 2023	-27.22% Jun 1, 2026 - Jun 10, 2026
#2	-11.95% Feb 18, 2025 - Jul 21, 2025	-3.62% May 21, 2026 - May 26, 2026
#3	-5.34% Sep 14, 2023 - Nov 20, 2023	-1.23% May 26, 2026 - May 28, 2026
#4	-4.34% Jul 16, 2024 - Aug 19, 2024	N/A
#5	-4.33% Jan 3, 2022 - Mar 25, 2022	N/A
#6	-4.13% Feb 2, 2026 - Apr 30, 2026	N/A
#7	-2.74% Mar 28, 2024 - May 9, 2024	N/A
#8	-2.66% Aug 30, 2024 - Sep 16, 2024	N/A
#9	-2.27% Oct 27, 2025 - Nov 28, 2025	N/A
#10	-1.89% Dec 11, 2024 - Jan 21, 2025	N/A
#11	-1.61% Nov 8, 2021 - Dec 8, 2021	N/A
#12	-1.51% May 1, 2023 - May 17, 2023	N/A
#13	-1.47% Oct 8, 2025 - Oct 20, 2025	N/A
#14	-1.41% Jul 31, 2023 - Aug 29, 2023	N/A
#15	-1.40% Jan 9, 2026 - Jan 27, 2026	N/A

Correlation

Correlation between SIXO and BHYP is -0.93 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.93

-101