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SIXA - AI Analysis
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ETC 6 Meridian Mega Cap Equity ETF (SIXA)
Rating:73Outperform
Price Target:
$55.00
Positive Factors
Strong Top Holdings
Several top holdings, such as Philip Morris and Gilead Sciences, have delivered strong year-to-date performance, supporting the fund’s overall returns.
Sector Diversification
The ETF is spread across 10 sectors, reducing the risk of being overly dependent on any single industry.
Healthy Year-to-Date Performance
The fund has shown solid year-to-date gains, indicating resilience in its portfolio.
Negative Factors
High Geographic Concentration
Nearly all of the ETF’s exposure is in U.S. companies, limiting diversification across global markets.
Lagging Holdings
Some holdings, like Bristol-Myers Squibb, have underperformed this year, dragging on the fund’s momentum.
Moderate Expense Ratio
The ETF’s expense ratio is higher than some low-cost alternatives, which could eat into long-term returns.
SIXA vs. SPDR S&P 500 ETF (SPY)
AUM402.23M
RegionNorth America
Expense Ratio0.47%
Beta0.65
IssuerMeridian
Inception DateMay 08, 2020
Dividend Yield2.12%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume93,741
30 Day Avg. Volume30,997
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
56.55Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering51
SIXA Summary
The ETC 6 Meridian Mega Cap Equity ETF (ticker: SIXA) focuses on large-cap companies, which are some of the biggest and most established businesses in the U.S. market. This ETF includes well-known names like PepsiCo and AT&T, offering exposure to industries such as technology, healthcare, and consumer goods. It’s a great choice for investors seeking stability and potential long-term growth, as these companies tend to be leaders in their fields and resilient during market changes. However, new investors should know that the ETF’s performance can fluctuate with the overall market, especially since it heavily relies on U.S. stocks.
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
The ETC 6 Meridian Mega Cap Equity ETF (SIXA) leans heavily on U.S. mega-cap stocks, with a notable concentration in Consumer Defensive and Communication Services sectors. Altria and AT&T are holding back performance, with both showing weak momentum recently despite their strong dividend appeal. On the brighter side, Gilead Sciences is rising steadily, driven by its focus on HIV and oncology treatments, while PepsiCo’s steady gains reflect its resilience and innovation in the Consumer Defensive space. Overall, the fund’s mix of reliable giants offers stability, but sector-specific challenges may weigh on returns.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Altria Group | 6.38% | $25.63M | $104.10B | 22.71% | 66 Neutral | |
| AT&T | 4.99% | $20.03M | $179.76B | 14.17% | 72 Outperform | |
| PepsiCo | 4.21% | $16.89M | $199.85B | -12.06% | 78 Outperform | |
| Philip Morris | 3.74% | $15.00M | $228.47B | 11.10% | 62 Neutral | |
| Bristol-Myers Squibb | 3.62% | $14.54M | $86.71B | -19.10% | 66 Neutral | |
| Verizon | 3.60% | $14.45M | $169.54B | -2.59% | 74 Outperform | |
| Qualcomm | 2.91% | $11.68M | $192.78B | 6.59% | 78 Outperform | |
| Nvidia | 2.87% | $11.53M | $5.03T | 48.59% | 85 Outperform | |
| Gilead Sciences | 2.84% | $11.39M | $147.04B | 34.22% | 78 Outperform | |
| Exxon Mobil | 2.75% | $11.03M | $496.46B | -0.20% | 79 Outperform |
SIXA Technical Analysis
Negative
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Price Trends
49.30
Negative
48.76
Positive
47.10
Positive
Market Momentum
0.01
Negative
47.19
Neutral
53.95
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SIXA, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 49.08, equal to the 50-day MA of 49.30, and equal to the 200-day MA of 47.10, indicating a neutral trend. The MACD of 0.01 indicates Negative momentum. The RSI at 47.19 is Neutral, neither overbought nor oversold. The STOCH value of 53.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SIXA.
SIXA Peer Comparison
Comparison Results
Performance Comparison
SIXA
ETC 6 Meridian Mega Cap Equity ETF
49.01
5.17
11.79%
SEIM
SEI Enhanced U.S. Large Cap Momentum Factor ETF
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AVLC
Avantis U.S. Large Cap Equity 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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MODL
VictoryShares WestEnd U.S. Sector 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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