SIXO vs MCN

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

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

SIXO vs MCN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

SIXO

$127M

MCN

$127M

Expense Ratio

SIXO

0.74%

MCN

N/A

Max Drawdown

Winner

SIXO

12.04%

MCN

75.11%

Sharpe Ratio

Winner

SIXO

0.79

MCN

-0.22

5Y Beta

Winner

SIXO

0.47

MCN

0.52

5Y Dividends CAGR

SIXO

N/A

MCN

1.61%

SIXO vs MCN - Historical Returns

Returns include dividend reinvestment.

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

SIXO

+0.66%

Winner

MCN

+1.99%

Winner

SIXO

+3.02%

MCN

-2.57%

Winner

SIXO

+3.42%

MCN

-0.76%

Winner

SIXO

+7.97%

MCN

+1.73%

5Y(CAGR)

Winner

SIXO

+7.78%

MCN

+3.13%

10Y(CAGR)

SIXO

N/A

MCN

+7.29%

Max(CAGR)

Winner

SIXO

+7.78%

MCN

+5.40%

SIXO vs MCN - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

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

SIXO vs MCN Drawdown Comparison

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

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

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

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