SIXH - ETF AI Analysis
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ETC 6 Meridian Hedged Equity Index Option ETF (SIXH)
Rating:71Outperform
Price Target:―
Positive Factors
Solid Recent Performance
The ETF has delivered steady gains so far this year and in recent months, showing positive momentum for investors.
Strong Top Contributors
Several of the largest holdings, such as Altria, ConocoPhillips, Apple, and Philip Morris, have shown strong performance, helping support the fund’s returns.
Broad Sector Diversification
Holdings spread across many sectors, including consumer defensive, technology, communication services, health care, and financials, help reduce the impact if any one area of the market struggles.
Negative Factors
Higher Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which means more of the returns are used to cover fees.
Concentration in a Few Large Positions
A meaningful share of assets is tied up in a small group of top holdings, increasing the impact if any of these companies run into trouble.
Heavy U.S. Market Focus
With most of its exposure in U.S. companies, the ETF offers limited diversification across other global markets.
SIXH vs. SPDR S&P 500 ETF (SPY)
AUM606.54M
RegionNorth America
Expense Ratio0.69%
Beta0.19
IssuerMeridian
Inception DateMay 08, 2020
Dividend Yield1.74%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume11,780
30 Day Avg. Volume15,784
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
51.06Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering49
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SIXH Summary
SIXH is the ETC 6 Meridian Hedged Equity Index Option ETF, which invests mainly in large U.S. companies across many sectors, such as consumer goods, technology, and communication services. It doesn’t track a single index, but follows a hedged equity strategy that uses options to help soften the impact of market swings. Well-known holdings include Apple, PepsiCo, AT&T, and Verizon. Someone might invest in SIXH to get broad stock market exposure with an added focus on risk management and income. A key risk is that it still invests in stocks, so its value can go up and down with the overall market.
How much will it cost me?The expense ratio for the ETC 6 Meridian Hedged Equity Index Option ETF (SIXH) is 0.73%, which means you’ll pay $7.30 per year for every $1,000 invested. This is higher than average because the fund uses an actively managed hedging strategy to reduce risk and manage market volatility.
What would affect this ETF?The SIXH ETF, with its focus on large-cap U.S. stocks and a hedged equity strategy, could benefit from stable economic growth and strong performance in sectors like Consumer Defensive and Health Care, which are less sensitive to economic downturns. However, rising interest rates or regulatory changes in sectors like Communication Services and Financials could negatively impact its holdings, while broader market volatility may test the effectiveness of its hedging strategy.
SIXH Top 10 Holdings
SIXH leans heavily into U.S. defensive names, with tobacco giants Altria and Philip Morris acting as steady, income-rich anchors even as Altria has been lagging a bit lately. Telecom duo AT&T and Verizon are rising and together give the fund a solid, cash-generating backbone in communication services. On the growth side, Micron has been a standout, riding the AI and memory-chip wave, while Pfizer and ConocoPhillips add a mix of recovering health care and energy exposure. Overall, it’s a U.S.-centric, large-cap blend of sturdy cash cows and a few growth engines.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| ― | 5.00% | $29.93M | ― | ― | ― | |
| Altria Group | 4.86% | $29.09M | $114.63B | 2.14% | 64 Neutral | |
| AT&T | 4.02% | $24.10M | $178.23B | -11.20% | 71 Outperform | |
| Verizon | 3.88% | $23.27M | $208.15B | 13.27% | 81 Outperform | |
| PepsiCo | 3.68% | $22.06M | $192.55B | -5.10% | 78 Outperform | |
| Philip Morris | 3.67% | $21.99M | $299.08B | 14.81% | 61 Neutral | |
| Micron | 2.79% | $16.69M | $1.05T | 683.85% | 79 Outperform | |
| Pfizer | 2.75% | $16.46M | $159.36B | 12.92% | 74 Outperform | |
| Qualcomm | 2.74% | $16.40M | $172.44B | 2.15% | 80 Outperform | |
| Comcast | 2.70% | $16.19M | $96.03B | -20.34% | 74 Outperform |
SIXH Technical Analysis
Positive
―
Price Trends
43.68
Positive
42.77
Positive
41.59
Positive
Market Momentum
0.26
Positive
62.10
Neutral
56.14
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SIXH, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 44.31, equal to the 50-day MA of 43.68, and equal to the 200-day MA of 41.59, indicating a bullish trend. The MACD of 0.26 indicates Positive momentum. The RSI at 62.10 is Neutral, neither overbought nor oversold. The STOCH value of 56.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SIXH.
SIXH Peer Comparison
Comparison Results
Performance Comparison
SIXH
ETC 6 Meridian Hedged Equity Index Option ETF
44.54
6.36
16.66%
FTQI
First Trust Hedged BuyWrite Income ETF
―
―
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INFO
Harbor PanAgora Dynamic Large Cap Core ETF
―
―
―
NBCR
Neuberger Berman Core Equity ETF
―
―
―
AFLG
First Trust Active Factor Large Cap ETF
―
―
―
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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