SIXA - ETF AI Analysis
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ETC 6 Meridian Mega Cap Equity ETF (SIXA)
Rating:73Outperform
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has delivered solid gains so far this year and over the past few months, showing positive momentum.
Resilient Top Holdings
Several of the largest positions, including major consumer, energy, and technology names, have shown strong or steady performance, helping support the fund’s returns.
Broad Sector Diversification
Holdings spread across defensive, technology, communication, health care, financials, and other sectors help reduce the impact if any one area of the market struggles.
Negative Factors
High U.S. Concentration
Almost all assets are invested in U.S. companies, offering little diversification across international markets.
Notable Weight in Defensive and Telecom Names
A significant share of the portfolio is in consumer defensive and communication services stocks, which could limit upside if faster-growing areas of the market lead.
Mixed Performance Among Top Holdings
Some major positions, such as certain telecom and consumer stocks, have shown weaker recent performance, which can drag on overall fund results.
SIXA vs. SPDR S&P 500 ETF (SPY)
AUM546.35M
RegionNorth America
Expense Ratio0.46%
Beta0.58
IssuerMeridian
Inception DateMay 08, 2020
Dividend Yield1.89%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume4,756
30 Day Avg. Volume16,447
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
67.11Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering48
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SIXA Summary
SIXA is the ETC 6 Meridian Mega Cap Equity ETF, which focuses on very large U.S. companies across many industries instead of tracking a single index. It holds well-known names like Apple, PepsiCo, AT&T, and Verizon, giving investors broad exposure to dominant, established businesses. Someone might invest in SIXA to seek long-term growth and stability while spreading their money across different sectors such as technology, consumer goods, health care, and finance. A key risk is that, like any stock-based fund, its value can go up or down with the overall stock market.
How much will it cost me?The ETC 6 Meridian Mega Cap Equity ETF (SIXA) has an expense ratio of 0.47%, meaning you’ll pay $4.70 per year for every $1,000 invested. This is slightly higher than average for ETFs because it is actively managed, which typically involves more research and management costs compared to passively managed funds. However, it may appeal to investors seeking expert oversight of a portfolio focused on large-cap stocks.
What would affect this ETF?The ETC 6 Meridian Mega Cap Equity ETF (SIXA) could benefit from stable economic conditions and growth in sectors like Consumer Defensive, Technology, and Health Care, which make up a significant portion of its holdings. However, rising interest rates or regulatory changes in the U.S., where the ETF is focused, could negatively impact its Financial and Real Estate sector exposure. Additionally, shifts in consumer behavior or competition could affect top holdings like Altria Group and AT&T.
SIXA Top 10 Holdings
SIXA leans heavily into defensive consumer names and telecom giants, with Altria and Philip Morris quietly powering returns as their shares keep rising despite long-term industry headwinds. Verizon has been another steady engine, helping drive the fund higher, while AT&T adds support with improving sentiment. On the flip side, PepsiCo has been more of a speed bump lately, and Qualcomm’s mixed performance shows that not every tech bet is paying off. Overall, this is a U.S.-focused, mega-cap portfolio that tilts more toward steady cash generators than flashy growth stories.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Altria Group | 5.09% | $27.68M | $114.63B | 2.14% | 64 Neutral | |
| AT&T | 4.22% | $22.93M | $178.23B | -11.20% | 71 Outperform | |
| Verizon | 4.07% | $22.14M | $208.15B | 13.27% | 81 Outperform | |
| PepsiCo | 3.86% | $20.99M | $192.55B | -5.10% | 78 Outperform | |
| Philip Morris | 3.85% | $20.92M | $299.08B | 14.81% | 61 Neutral | |
| Micron | 2.92% | $15.88M | $1.05T | 683.85% | 79 Outperform | |
| Pfizer | 2.88% | $15.66M | $159.36B | 12.92% | 74 Outperform | |
| Qualcomm | 2.87% | $15.60M | $172.44B | 2.15% | 80 Outperform | |
| Comcast | 2.83% | $15.40M | $96.03B | -20.34% | 74 Outperform | |
| Lam Research | 2.80% | $15.19M | $377.77B | 201.45% | 77 Outperform |
SIXA Technical Analysis
Positive
―
Price Trends
56.98
Positive
55.84
Positive
53.40
Positive
Market Momentum
0.32
Positive
60.85
Neutral
40.13
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SIXA, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 57.93, equal to the 50-day MA of 56.98, and equal to the 200-day MA of 53.40, indicating a bullish trend. The MACD of 0.32 indicates Positive momentum. The RSI at 60.85 is Neutral, neither overbought nor oversold. The STOCH value of 40.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SIXA.
SIXA Peer Comparison
Comparison Results
Performance Comparison
SIXA
ETC 6 Meridian Mega Cap Equity ETF
58.30
9.74
20.06%
FTQI
First Trust Hedged BuyWrite Income ETF
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INFO
Harbor PanAgora Dynamic Large Cap Core ETF
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NBCR
Neuberger Berman Core Equity ETF
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AFLG
First Trust Active Factor Large Cap ETF
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GSPY
Gotham Enhanced 500 ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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