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SIXL - ETF AI Analysis
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ETC 6 Meridian Low Beta Equity ETF (SIXL)
Rating:70Outperform
Price Target:
$41.00
Positive Factors
Strong Top Holdings
Several top holdings, such as Protagonist Therapeutics and InterDigital, have delivered strong year-to-date performance, supporting the ETF's potential growth.
Sector Diversification
The ETF is spread across multiple sectors, including Utilities, Consumer Defensive, and Health Care, reducing reliance on any single industry.
Moderate Expense Ratio
The fund's expense ratio is reasonable compared to actively managed ETFs, helping investors retain more of their returns.
Negative Factors
High Geographic Concentration
The ETF is heavily focused on U.S. companies, with over 99% exposure, limiting diversification across global markets.
Mixed Performance
While some holdings have performed well, others like MDU Resources Group and NextEra Energy have shown weaker year-to-date results, dragging overall returns.
Low Recent Returns
The ETF has delivered modest or negative performance over the year-to-date and three-month periods, which may concern investors seeking stronger short-term gains.
SIXL vs. SPDR S&P 500 ETF (SPY)
AUM186.45M
RegionNorth America
Expense Ratio0.47%
Beta0.37
IssuerMeridian
Inception DateMay 11, 2020
Dividend Yield2.11%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume4,197
30 Day Avg. Volume4,978
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
42.09Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering242
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SIXL Summary
The ETC 6 Meridian Low Beta Equity ETF (SIXL) is designed for investors who want steady returns with less risk. It focuses on companies that are less sensitive to market ups and downs, offering a mix of stocks across various sectors like utilities, healthcare, and consumer defensive. Some of its top holdings include well-known companies like NextEra Energy and Electronic Arts. This ETF is a good choice for those looking for stability and diversification in their portfolio. However, new investors should know that while it aims to reduce volatility, it can still be affected by overall market trends.
How much will it cost me?The ETC 6 Meridian Low Beta Equity ETF (Ticker: SIXL) 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 because it is actively managed, focusing on selecting low beta stocks to reduce market volatility. This strategy requires more research and management compared to passively managed funds.
What would affect this ETF?The SIXL ETF, with its focus on low beta equities and strong exposure to sectors like Utilities, Consumer Defensive, and Health Care, could benefit from economic stability or increased demand for defensive stocks during market uncertainty. However, it may face challenges if interest rates rise, as sectors like Real Estate and Utilities are sensitive to borrowing costs, or if growth-oriented sectors like Technology underperform. Its U.S.-centric exposure also ties its performance closely to domestic economic conditions and regulatory changes.
SIXL Top 10 Holdings
The ETC 6 Meridian Low Beta Equity ETF (SIXL) leans heavily into stability, with a strong focus on defensive sectors like Utilities and Consumer Defensive, which make up nearly 40% of the fund. NextEra Energy and Eversource Energy are steady contributors, benefiting from robust project pipelines and strategic investments, though regulatory hurdles have tempered their momentum. On the brighter side, InterDigital is rising thanks to strong profitability and strategic agreements, while Protagonist Therapeutics adds a spark with its upward trend despite financial instability. Overall, the fund’s U.S.-centric portfolio prioritizes low-volatility names, offering a calm harbor in choppy market waters.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| InterDigital | 0.57% | $1.06M | $9.82B | 117.62% | 79 Outperform | |
| Protagonist Therapeutics | 0.54% | $1.01M | $4.76B | 63.61% | 56 Neutral | |
| Supernus Pharmaceuticals | 0.53% | $990.89K | $3.20B | 24.79% | 65 Neutral | |
| Caci International | 0.53% | $985.29K | $12.91B | 5.16% | 78 Outperform | |
| McKesson | 0.53% | $979.70K | $104.69B | 53.69% | 70 Outperform | |
| HCI Group | 0.52% | $966.64K | $2.67B | 76.33% | 72 Outperform | |
| CSG Systems International | 0.52% | $964.21K | $2.14B | 40.00% | 70 Neutral | |
| Mdu Resources Group | 0.51% | $959.24K | $3.97B | 12.45% | 61 Neutral | |
| Ormat Techno | 0.51% | $953.73K | $6.60B | 37.11% | 71 Outperform | |
| Electronic Arts | 0.51% | $952.30K | $50.08B | 25.24% | 68 Neutral |
SIXL Technical Analysis
Negative
―
Price Trends
36.65
Negative
36.50
Negative
36.53
Negative
Market Momentum
-0.20
Positive
40.07
Neutral
29.14
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SIXL, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 36.43, equal to the 50-day MA of 36.65, and equal to the 200-day MA of 36.53, indicating a bearish trend. The MACD of -0.20 indicates Positive momentum. The RSI at 40.07 is Neutral, neither overbought nor oversold. The STOCH value of 29.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SIXL.
SIXL Peer Comparison
Comparison Results
Performance Comparison
SIXL
ETC 6 Meridian Low Beta Equity ETF
36.01
-1.89
-4.99%
SYLD
Cambria Shareholder Yield ETF
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PLDR
Putnam Sustainable Leaders ETF
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ABFL
Fcf Us Quality Etf
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BGDV
Bahl & Gaynor Dividend ETF
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EBI
Longview Advantage 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.
Disclaimer
This 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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