SIXA - ETF AI Analysis
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ETC 6 Meridian Mega Cap Equity ETF (SIXA)
Rating:74Outperform
Price Target:―
Positive Factors
Solid Recent Performance
The ETF has shown steady gains over the past month, three months, and year-to-date, indicating positive recent momentum.
Strong Mega-Cap Leaders
Several top holdings like Lam Research, Altria, Verizon, PepsiCo, and Nvidia have delivered strong year-to-date results, helping support the fund’s overall performance.
Diversified Sector Mix
Holdings spread across defensive areas like consumer staples and utilities, as well as technology, communication services, health care, financials, and industrials, help reduce reliance on any single sector.
Negative Factors
High U.S. Concentration
With nearly all assets invested in U.S. companies, the fund offers little geographic diversification and is heavily tied to the U.S. market.
Notable Lagging Holdings
Some meaningful positions such as Qualcomm, CVS Health, and Comcast have shown weak year-to-date performance, which can drag on the ETF’s returns.
Moderate Expense Ratio
The fund’s expense ratio is not especially low for a large-cap equity ETF, meaning fees may be higher than some lower-cost alternatives.
SIXA vs. SPDR S&P 500 ETF (SPY)
AUM495.94M
RegionNorth America
Expense Ratio0.46%
Beta0.58
IssuerMeridian
Inception DateMay 08, 2020
Dividend Yield2.02%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume8,856
30 Day Avg. Volume9,274
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
66.28Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering48
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SIXA Summary
SIXA, the ETC 6 Meridian Mega Cap Equity ETF, invests mainly in very large U.S. companies across many sectors, including consumer staples, technology, communication services, and health care. It does not track a specific index, but instead focuses on mega-cap stocks that dominate their industries. Well-known holdings include PepsiCo and Nvidia. An investor might choose this ETF for broad diversification among big, established companies that can offer potential growth with some stability. However, because it is fully invested in the stock market, its value can go up and down with overall market conditions.
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 steady U.S. mega-caps, with a clear tilt toward consumer defensive names and a dash of tech for growth. Lam Research is the star of the show, riding the AI and chip boom and giving the fund some real upside spark. On the flip side, telecom giants AT&T and Verizon have been more of an anchor than a sail lately, with lagging momentum. Staples like Altria and Colgate-Palmolive, along with healthcare heavyweight Johnson & Johnson, keep the portfolio’s heartbeat steady rather than flashy.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Altria Group | 5.53% | $30.20M | $121.42B | 22.54% | 64 Neutral | |
| PepsiCo | 3.97% | $21.68M | $197.12B | 7.36% | 78 Outperform | |
| Verizon | 3.53% | $19.29M | $177.71B | -1.09% | 81 Outperform | |
| AT&T | 3.30% | $17.99M | $143.00B | -25.45% | 71 Outperform | |
| Johnson & Johnson | 3.09% | $16.87M | $633.19B | 71.54% | 78 Outperform | |
| Lam Research | 2.92% | $15.96M | $439.46B | 226.68% | 77 Outperform | |
| Lowe's | 2.81% | $15.33M | $127.56B | -1.24% | 69 Neutral | |
| Duke Energy | 2.80% | $15.26M | $101.04B | 10.24% | 70 Outperform | |
| Colgate-Palmolive | 2.79% | $15.25M | $76.12B | 3.14% | 63 Neutral | |
| Philip Morris | 2.72% | $14.85M | $284.08B | 5.67% | 61 Neutral |
SIXA Technical Analysis
Positive
―
Price Trends
55.38
Positive
54.08
Positive
51.77
Positive
Market Momentum
0.25
Positive
55.61
Neutral
74.33
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 56.06, equal to the 50-day MA of 55.38, and equal to the 200-day MA of 51.77, indicating a bullish trend. The MACD of 0.25 indicates Positive momentum. The RSI at 55.61 is Neutral, neither overbought nor oversold. The STOCH value of 74.33 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
56.16
8.77
18.51%
DSPY
Tema S&P 500 Historical Weight ETF Strategy
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FTQI
First Trust Hedged BuyWrite Income ETF
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OMAH
VistaShares Target 15 Berkshire Select Income ETF
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NBCR
Neuberger Berman Core Equity ETF
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INFO
Harbor PanAgora Dynamic Large Cap Core 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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