Verified factor-similar pair

SIXS vs XSHQ

These two ETFs pass the same FF6 US similarity lane: US-listed equity ETFs, same USD model basis, at least one material non-market factor, and 100% overlap in statistically significant material factor exposure.

SMB RMW
Similarity score
86
Verified similar

Score blends exposure-level distance, factor-vector shape, market-beta closeness, and a small backtested relative-Sharpe term.

SIXS

ETC 6 Meridian Small Cap Equity ETF
SMB RMW
Adj. R2
0.906
Rel. Sharpe
0.899
Mkt beta
0.72
AUM
US$124M
MER
0.52%
Valuation
69

XSHQ

Invesco S&P SmallCap Quality ETF
SMB RMW
Adj. R2
0.892
Rel. Sharpe
0.793
Mkt beta
0.82
AUM
US$246M
MER
0.29%
Valuation
88

Factor Exposure Match

Blue bars compare raw factor beta magnitude. Green bars compare absolute t-stat strength. Dim bars indicate the t-stat is below 1.96.

SMB
SIXS
+0.93
|t|
+11.7
XSHQ
+0.83
|t|
+10.4
diff +0.10
HML
SIXS
+0.27
|t|
+3.8
XSHQ
+0.13
|t|
+1.9
diff +0.15
RMW
SIXS
+0.42
|t|
+5.0
XSHQ
+0.29
|t|
+3.1
diff +0.13
CMA
SIXS
-0.04
|t|
-0.4
XSHQ
+0.03
|t|
+0.3
diff -0.07
UMD
SIXS
+0.00
|t|
+0.1
XSHQ
-0.01
|t|
-0.2
diff +0.01

Why This Pair Matches

Exposure level
83
Exposure shape
99
Mkt beta diff
0.10
Rel. Sharpe diff
0.107

This comparison focuses on measured factor exposure, not a qualitative review of each fund's portfolio-construction process. Backtested relative Sharpe is included as a secondary signal, while we continue refining a comparison metric that separates factor payoff from alpha. See methodology.

SIXS fund page XSHQ fund page US ETF Leaders US Universe
Important context

VerifiedBeta publishes educational ETF research, not personalized investment advice, portfolio management, or security recommendations. Funds that screen well here can still be unsuitable for your objectives, taxes, liquidity needs, or constraints. Review fund documents, methodology assumptions, and your own circumstances before acting. See the full disclaimer.