6 Meridian Low Beta Equity Strategy ETF (SIXL)
Description
The SIXL ETF contains 239 constituents. It is focused on blend holdings in the North America region.
Price $30.71 as of 2022-10-20Cost/Risk/Yield
| Dividend yield | 1.33% |
| Expense ratio | 0.88% |
| Average spread | 0.293% |
| 1Y roundtrip cost | 1.173% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | -6.6% | -0.5% | 4.3% | -4.2% | 0.9% | -3.3% | 4.1% | -3.0% | -8.2% | 2.4% | -14.0% | ||
| 2021 | 3.3% | 1.0% | 4.3% | 1.5% | 1.5% | 1.0% | 0.9% | 0.8% | -4.2% | 3.7% | -2.2% | 7.2% | 18.8% |
| 2020 | -1.2% | 4.8% | 1.2% | -3.4% | -0.6% | 7.8% | 5.5% | 14.2% | |||||
| -3.2% | 0.5% | 8.6% | -2.7% | 2.5% | -3.5% | 9.8% | -1.0% | -15.8% | 5.5% | 5.7% | 12.7% |
Historical Dividends
Monthly dividend heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 0.03 | 0.06 | 0.01 | 0.03 | 0.06 | 0.02 | 0.05 | 0.06 | 0.32 | ||||
| 2021 | 0.01 | 0.01 | 0.03 | 0.00 | 0.02 | 0.01 | 0.00 | 0.02 | 0.04 | 0.03 | 0.06 | 0.24 | |
| 2020 | 0.03 | 0.00 | 0.02 | 0.01 | 0.02 | 0.04 | 0.12 | ||||||
| 0.01 | 0.04 | 0.10 | 0.01 | 0.05 | 0.10 | 0.02 | 0.10 | 0.11 | 0.00 | 0.05 | 0.09 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| National Beverage Corp. | 0.56% |
| HCI Group, Inc. | 0.55% |
| SPS Commerce, Inc. | 0.53% |
| World Wrestling Entertainment, Inc. Class A | 0.52% |
| Hub Group, Inc. Class A | 0.52% |
| Watts Water Technologies, Inc. Class A | 0.51% |
| Williams-Sonoma, Inc. | 0.51% |
| Stewart Information Services Corporation | 0.51% |
| Atlas Air Worldwide Holdings, Inc. | 0.51% |
| ICU Medical, Inc. | 0.51% |
| Independence Realty Trust, Inc. | 0.50% |
| FactSet Research Systems Inc. | 0.50% |
| Qualys, Inc. | 0.49% |
| Repligen Corporation | 0.49% |
| New York Times Company Class A | 0.49% |
| Top 15 Weights | 7.70% |
Compare with similar ETFs
| SIXL | FFHG | FSMD | HSMV | SMLF | USMF | |
|---|---|---|---|---|---|---|
| Product name | 6 Meridian Low Beta Equity Strategy ETF | FormulaFolios Hedged Growth ETF | Fidelity Small-Mid Factor ETF | First Trust Horizon Managed Volatility Small/Mid ETF | iShares FactorSelect MSCI USA Small-Cap ETF | WisdomTree U.S. Multifactor Fund |
| Issuer | Meridian | FormulaFolios | Fidelity | First Trust | iShares | WisdomTree |
| Price | $30.714 | $30.94 | $29.87 | $28.7342 | $46.68 | $35.461 |
| Expense Ratio | 0.88% |  1.14% |  0.29% | 0.8% | 0.3% | 0.28% |
| Average Spread | 0.293% | 0.388% | 0.301% | 0.139% | 0.171% | 0.085% |
| AUM | $123,172,000 | $38,623,300 | $50,762,200 | $12,935,000 | $886,831,000 | $132,859,000 |
| Shares | 4,010,297 | 1,248,329 | 1,699,438 | 450,161 | 18,998,093 | 3,746,631 |
| Average Daily Volume | 5,977 | 2,227 | 8,380 | 879 | 73,673 | 32,087 |
| Home page | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site |
| Inception Date | 2020-05-11 | 2017-06-06 | 2019-02-26 | 2020-04-06 | 2015-04-28 | 2017-06-29 |
| Index Tracked | No Underlying Index | No Underlying Index | Fidelity Small-Mid Multifactor Index | No Underlying Index | MSCI USA Small Cap Diversified Multiple-Factor Index | WisdomTree U.S. Multifactor Index |
| Category | All Cap Equities | All Cap Equities | Small Cap Growth Equities | Small Cap Blend Equities | Small Cap Blend Equities | All Cap Equities |
| Asset Class | Equity | Multi-Asset | Equity | Equity | Equity | Equity |
| Asset Class Size | Large/Mid/Small Caps | Large/Mid/Small Caps | Mid Caps | Mid/Small Caps | Large/Mid Caps | |
| Value or Growth | Blend | Blend | Blend | Blend | Blend | Blend |
| Region | North America | North America | North America | North America | North America | |
| Countries | U.S. | U.S. | U.S. | U.S. | U.S. | U.S. |
| Annual Dividend Rate | $0.409 | $0.132 | $0.287 | $0.37 | $0.709 | $0.63 |
| Annual Dividend Yield | 0.013% | 0.004% | 0.010% | 0.013% | 0.015% | 0.018% |
| Number of Holdings | 239 | 598 | 200 | 472 | 199 | |
| YTD Return | -13.91% | -16.66% | -16.02% | -16.59% | -17.79% | -14.45% |
| Beta | 0.68 | 0.77 | 1.01 | 0.90 | 1.11 | 0.90 |
| Upside Beta | 0.46 | 0.39 | 0.70 | 0.63 | 0.64 | 0.57 |
| Downside Beta | 0.03 | 0.21 | 0.47 | 0.00 | -0.21 | 0.42 |
| Volatility 1Y | 15.20% | 17.69% | 22.61% | 18.99% | 25.62% | 19.05% |
| Sharpe Ratio 3Y | 0.00 | 0.44 | 0.40 | 0.00 | 0.31 | 0.44 |
| Treynor Ratio 3Y | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 |