SIXS - ETF AI Analysis
Top Page
ETC 6 Meridian Small Cap Equity ETF (SIXS)
Rating:70Outperform
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown solid gains so far this year and in recent months, indicating positive momentum in its small-cap strategy.
Broad Sector Diversification
Holdings are spread across many sectors, including financials, health care, utilities, consumer stocks, and real estate, which helps reduce the impact of weakness in any one area.
Several Strong Top Holdings
A number of the largest positions, such as Innoviva, Enact Holdings, StoneX Group, Whitestone REIT, Bread Financial, and Pitney Bowes, have delivered strong year-to-date gains that support the fund’s overall results.
Negative Factors
Higher Expense Ratio for a Passive Investor
The fund’s expense ratio is on the higher side compared with many low-cost index ETFs, which means more of your return goes toward fees.
Mixed Performance Among Top Holdings
Some key positions, including Horace Mann Educators, HCI Group, Cal-Maine Foods, and Cars.com, have shown weak or negative performance this year, which can drag on overall returns.
Heavy U.S. Focus
With almost all assets invested in U.S. companies, the ETF offers little geographic diversification and is highly tied to the U.S. small-cap market.
SIXS vs. SPDR S&P 500 ETF (SPY)
AUM139.68M
RegionNorth America
Expense Ratio0.50%
Beta0.63
IssuerMeridian
Inception DateMay 11, 2020
Dividend Yield1.7%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume2,076
30 Day Avg. Volume2,398
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
64.79Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering84
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SIXS Summary
The ETC 6 Meridian Small Cap Equity ETF (SIXS) focuses on smaller U.S. companies, often called small caps, which can be more nimble and faster-growing than big, well-known firms. It doesn’t track a specific index, but builds a diversified basket of small companies across many sectors, including financials, health care, utilities, and real estate. Well-known names in the fund include Cal-Maine Foods and Pitney Bowes. An investor might choose SIXS to seek long-term growth and add diversification beyond large-cap stocks. However, small-cap stocks can be more volatile, so the ETF’s price can move up and down more sharply than the overall market.
How much will it cost me?The ETC 6 Meridian Small Cap Equity ETF (SIXS) has an expense ratio of 0.52%, which means you’ll pay $5.20 per year for every $1,000 invested. This is higher than average because the fund is actively managed, focusing on small-cap stocks that require more research and oversight compared to passively managed funds tracking broad indexes.
What would affect this ETF?The ETC 6 Meridian Small Cap Equity ETF (SIXS) could benefit from economic growth and innovation in the U.S., as small-cap companies often thrive in expanding markets and emerging industries. However, it may face challenges from rising interest rates, which can increase borrowing costs for smaller firms, and economic slowdowns, which tend to impact small-cap stocks more significantly due to their higher volatility. Additionally, sector-specific risks, such as regulatory changes in health care or financial sectors, could influence performance.
SIXS Top 10 Holdings
SIXS is leaning heavily into U.S. small-cap financials, with names like Horace Mann, Enact, and especially StoneX quietly steering the ship higher as their shares keep rising. Payoneer and Enova add more financial flavor, giving the fund a clear tilt toward lenders, insurers, and payment platforms rather than flashy tech. On the softer side, Cal-Maine Foods has been losing steam, acting as a mild drag. Overall, performance is being driven by a cluster of smaller financial standouts in a domestically focused portfolio.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Horace Mann Educators | 2.58% | $3.61M | $2.17B | 29.76% | 78 Outperform | |
| Enact Holdings | 2.24% | $3.13M | $6.33B | 22.30% | 82 Outperform | |
| HCI Group | 2.19% | $3.06M | $2.33B | 25.98% | 73 Outperform | |
| Innoviva | 2.05% | $2.87M | $1.65B | 15.39% | 61 Neutral | |
| Cal-Maine Foods | 1.98% | $2.77M | $3.97B | -16.57% | 84 Outperform | |
| Progyny | 1.77% | $2.47M | $2.37B | 44.20% | 79 Outperform | |
| Enova International | 1.69% | $2.36M | $5.85B | 102.15% | 71 Outperform | |
| Pitney Bowes | 1.61% | $2.26M | $2.28B | 54.49% | 52 Neutral | |
| Payoneer | 1.54% | $2.16M | $2.40B | 6.74% | 69 Neutral | |
| StoneX Group | 1.52% | $2.13M | $9.55B | 89.91% | 58 Neutral |
SIXS Technical Analysis
Positive
―
Price Trends
55.38
Positive
54.23
Positive
52.12
Positive
Market Momentum
1.14
Negative
70.09
Negative
52.76
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SIXS, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 57.31, equal to the 50-day MA of 55.38, and equal to the 200-day MA of 52.12, indicating a bullish trend. The MACD of 1.14 indicates Negative momentum. The RSI at 70.09 is Negative, neither overbought nor oversold. The STOCH value of 52.76 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SIXS.
SIXS Peer Comparison
Comparison Results
Performance Comparison
SIXS
ETC 6 Meridian Small Cap Equity ETF
58.88
11.81
25.09%
SEIS
SEI Select Small Cap ETF
―
―
―
FSCC
Federated Hermes MDT Small Cap Core ETF
―
―
―
SCDV
Bahl & Gaynor Small Cap Dividend ETF
―
―
―
FSML
Franklin Small Cap Enhanced ETF
―
―
―
AFSM
First Trust Active Factor Small Cap ETF
―
―
―
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.
DisclaimerThis 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: ―
Table of Contents