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SIXA - ETF AI Analysis
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ETC 6 Meridian Mega Cap Equity ETF (SIXA)
Rating:73Outperform
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 Defensive and Healthcare Tilt
Large weights in consumer defensive and health care stocks can help provide stability during market volatility.
Many Top Holdings Performing Well
Most of the largest positions, including major consumer and health care names, have delivered strong year-to-date results that support the fund’s overall performance.
Negative Factors
Moderately High Expense Ratio
The fund’s expense ratio is on the higher side for a large-cap equity ETF, which can modestly reduce net returns over time.
Concentrated in U.S. Market
With almost all assets in U.S. companies, the ETF offers little geographic diversification and is heavily tied to the U.S. economy.
Notable Lagging Telecom Holdings
Some sizable positions in communication services stocks have shown weak year-to-date performance, which can drag on the fund’s returns.
SIXA vs. SPDR S&P 500 ETF (SPY)
AUM435.45M
RegionNorth America
Expense Ratio0.47%
Beta0.62
IssuerMeridian
Inception DateMay 08, 2020
Dividend Yield2.21%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume12,520
30 Day Avg. Volume12,755
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
57.79Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering47
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, with a focus on consumer defensive, health care, and technology. It does not track a specific index, but instead holds a mix of mega-cap stocks chosen by the fund manager. Well-known names in the fund include PepsiCo, Johnson & Johnson, and Exxon Mobil. Someone might invest in SIXA for broad diversification among big, established companies that can offer stability and long-term growth potential. A key risk is that the value can still rise and fall 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 is leaning heavily on classic U.S. mega-cap defensives, with tobacco, snacks, and healthcare quietly steering the ship. Merck and Johnson & Johnson have been rising and act as reliable engines, while Exxon Mobil adds a bit of energy-fueled momentum. On the consumer side, Colgate-Palmolive and Philip Morris are steadily pulling their weight, even as Mondelez looks more mixed. The real drag comes from telecom giants Verizon and AT&T, which have been lagging and acting like a headwind against an otherwise sturdy, U.S.-focused mega-cap lineup.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Altria Group | 5.68% | $24.53M | $106.80B | 19.88% | 64 Neutral | |
| Merck & Company | 3.98% | $17.19M | $267.86B | 8.77% | 80 Outperform | |
| PepsiCo | 3.97% | $17.12M | $203.43B | -1.24% | 78 Outperform | |
| Verizon | 3.80% | $16.38M | $165.79B | -2.16% | 81 Outperform | |
| AT&T | 3.68% | $15.90M | $163.06B | -0.66% | 71 Outperform | |
| Gilead Sciences | 2.92% | $12.60M | $174.90B | 47.47% | 78 Outperform | |
| Exxon Mobil | 2.91% | $12.58M | $577.03B | 26.60% | 74 Outperform | |
| Philip Morris | 2.85% | $12.30M | $278.45B | 37.81% | 61 Neutral | |
| Mondelez International | 2.83% | $12.21M | $76.16B | 1.05% | 62 Neutral | |
| Colgate-Palmolive | 2.80% | $12.11M | $69.13B | -5.10% | 63 Neutral |
SIXA Technical Analysis
Positive
―
Price Trends
49.99
Positive
49.45
Positive
48.34
Positive
Market Momentum
0.43
Negative
67.16
Neutral
69.79
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 50.73, equal to the 50-day MA of 49.99, and equal to the 200-day MA of 48.34, indicating a bullish trend. The MACD of 0.43 indicates Negative momentum. The RSI at 67.16 is Neutral, neither overbought nor oversold. The STOCH value of 69.79 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
51.65
6.65
14.78%
NBCR
Neuberger Berman Core Equity ETF
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MODL
VictoryShares WestEnd U.S. Sector ETF
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DSPY
Tema S&P 500 Historical Weight ETF Strategy
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FTQI
First Trust Hedged BuyWrite Income ETF
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BALI
BlackRock Advantage Large Cap Income 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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