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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 shown steady gains over the past month, three months, and year-to-date, indicating positive recent momentum.
Defensive Sector Tilt
Large weights in consumer defensive and health care stocks can help cushion the portfolio during market downturns.
Strong Top Holdings
Several of the largest positions, including major consumer and health care companies, have delivered strong year-to-date results that support the fund’s returns.
Negative Factors
High Expense Ratio
The fund’s expense ratio is relatively high for an ETF, which can eat into long-term returns compared with lower-cost options.
Concentration in a Few Names
A meaningful share of assets is tied up in a small number of large holdings, increasing the impact if any of these companies run into trouble.
Underperforming Telecom Holdings
Some major communication services holdings, such as large telecom companies, have shown weak year-to-date performance that may drag on the fund.
SIXH vs. SPDR S&P 500 ETF (SPY)
AUM540.17M
RegionNorth America
Expense Ratio0.73%
Beta0.22
IssuerMeridian
Inception DateMay 08, 2020
Dividend Yield1.9%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume10,451
30 Day Avg. Volume11,928
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
48.30Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering54
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, with a focus on consumer defensive, health care, and technology. It doesn’t track a traditional index, but follows a “hedged equity” theme that uses options to try to reduce big losses during market downturns. Well-known holdings include PepsiCo and Johnson & Johnson. Someone might invest in SIXH to seek stock market growth while aiming for a smoother ride. A key risk is that it still invests in stocks, so its value can go up and down with the 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 is leaning heavily on steady, dividend-rich giants, with U.S. consumer defensive and health care names setting the tone. Altria and PepsiCo have been quietly rising, giving the fund a solid, slow-and-steady engine. In health care, Merck and Johnson & Johnson are also climbing, adding a healthy dose of resilience. On the flip side, utilities like Southern Co and Duke Energy look more sluggish, acting as ballast rather than boosters. With all holdings U.S.-based and a tilt toward telecom and staples, this ETF feels more like a defensive shield than a growth rocket.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Altria Group | 5.04% | $27.19M | $113.51B | 15.24% | 64 Neutral | |
| Target | 3.92% | $21.15M | $53.14B | 12.07% | 70 Neutral | |
| Verizon | 3.89% | $20.99M | $216.70B | 17.92% | 81 Outperform | |
| AT&T | 3.77% | $20.33M | $194.06B | 4.29% | 71 Outperform | |
| PepsiCo | 3.60% | $19.46M | $218.50B | 7.60% | 78 Outperform | |
| ― | 3.04% | $16.39M | ― | ― | ― | |
| Palantir Technologies | 2.87% | $15.51M | $361.02B | 75.03% | 74 Outperform | |
| Nvidia | 2.65% | $14.32M | $4.38T | 48.15% | 76 Outperform | |
| Duke Energy | 2.59% | $13.96M | $103.55B | 10.85% | 70 Outperform | |
| Lockheed Martin | 2.55% | $13.75M | $148.63B | 38.58% | 70 Outperform |
SIXH Technical Analysis
Positive
―
Price Trends
41.42
Positive
39.94
Positive
39.08
Positive
Market Momentum
0.22
Positive
56.04
Neutral
21.35
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 42.64, equal to the 50-day MA of 41.42, and equal to the 200-day MA of 39.08, indicating a neutral trend. The MACD of 0.22 indicates Positive momentum. The RSI at 56.04 is Neutral, neither overbought nor oversold. The STOCH value of 21.35 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
42.48
4.43
11.64%
BALI
BlackRock Advantage Large Cap Income ETF
―
―
―
MODL
VictoryShares WestEnd U.S. Sector ETF
―
―
―
LRGC
AB US Large Cap Strategic Equities ETF
―
―
―
NBCR
Neuberger Berman Core Equity ETF
―
―
―
DSPY
Tema S&P 500 Historical Weight ETF Strategy
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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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