Key stats
About ETC 6 Meridian Small Cap Equity ETF
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Inception date
May 11, 2020
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Exchange Traded Concepts LLC
Distributor
SEI Investments Distribution Co.
ISIN
US3015056738
SIXS actively selects small-cap US equities from the S&P 600 that exhibit low beta and value characteristics. In selecting securities, the fund uses a quantitative approach to screen them based on financial and growth measure, then finally identify low beta and value stocks. First, it ranks the securities based on profitability, growth and debt service coverage. Stocks that score poorly in this composite measure are removed from the investable universe. The fund then ranked the remaining securities on a stand-alone basis according to two factor beta and value. Top-ranked securities with each factor form the final portfolio. Stocks that rank high in both factors are over-weighted. The fund may also invest in REITs. On Nov. 16, 2021 ETC took over distribution of the fund.
Related funds
Classification
What's in the fund
Exposure type
Finance
Utilities
Health Technology
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SIXS assets under management is 103.75 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SIXS invests in stocks. See more details in our Analysis section.
SIXS expense ratio is 0.52%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, SIXS isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, SIXS pays dividends to its holders with the dividend yield of 1.40%.
SIXS shares are issued by Cottonwood ETF Holdings LLC
SIXS follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 11, 2020.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.