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SIXS - ETF AI Analysis
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ETC 6 Meridian Small Cap Equity ETF (SIXS)
Rating:70Outperform
Price Target:―
Positive Factors
Broad Sector Diversification
The fund spreads its investments across many different sectors, which can help reduce the impact if any one industry struggles.
Generally Positive Recent Performance
The ETF has shown steady gains over the past month, three months, and year-to-date, suggesting its strategy has been working in the current market.
Several Strong Top Holdings
Some of the largest positions, such as International Seaways, EZCORP, Photronics, and Madison Square Garden Sports, have delivered strong year-to-date results that support the fund’s overall performance.
Negative Factors
Higher Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which means more of the returns are used to cover fees.
Heavy U.S. Concentration
With almost all assets invested in U.S. companies, the ETF offers little geographic diversification and is highly tied to the U.S. market.
Mixed Results Among Top Holdings
Several key positions, including Enact Holdings, HCI Group, Innoviva, Teradata, and Protagonist Therapeutics, have shown weak year-to-date performance, which could drag on future returns if the trend continues.
SIXS vs. SPDR S&P 500 ETF (SPY)
AUM122.67M
RegionNorth America
Expense Ratio0.52%
Beta0.65
IssuerMeridian
Inception DateMay 11, 2020
Dividend Yield1.74%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume4,810
30 Day Avg. Volume4,880
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
61.11Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering82
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SIXS Summary
SIXS, the ETC 6 Meridian Small Cap Equity ETF, focuses on smaller U.S. companies, mainly in financials, health care, and consumer sectors. It does not track a set index, but instead builds a broad mix of small-cap stocks, aiming to capture the growth potential of younger, more agile businesses. Well-known names in the fund include Madison Square Garden Sports and Teradata. An investor might choose SIXS to seek long-term growth and diversify beyond large, familiar brands. A key risk is that small-cap stocks can be more volatile and may go 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
This small-cap U.S. fund leans heavily into financials and health care, and its story is all about a tug-of-war between winners and laggards. Shipping player International Seaways and pawn lender EZCORP are doing the heavy lifting, with steadily rising share prices that help power overall returns. Health names Dynavax and Photronics add extra spark, riding strong momentum and upbeat fundamentals. On the other side, insurance-focused HCI Group and biotech Protagonist Therapeutics are losing steam, acting as small anchors on an otherwise improving small-cap mix.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| EZCORP | 3.08% | $3.69M | $1.50B | 73.02% | 75 Outperform | |
| International Seaways | 2.88% | $3.45M | $3.16B | 67.28% | 72 Outperform | |
| Enact Holdings | 2.43% | $2.92M | $6.25B | 28.84% | 82 Outperform | |
| ― | 2.34% | $2.81M | ― | ― | ― | |
| Innoviva | 2.29% | $2.75M | $1.70B | 25.55% | 61 Neutral | |
| HCI Group | 1.98% | $2.37M | $2.05B | 33.14% | 73 Outperform | |
| Photronics | 1.78% | $2.14M | $2.29B | 74.22% | 74 Outperform | |
| Teradata | 1.74% | $2.08M | $3.13B | 35.32% | 68 Neutral | |
| Sun Country Airlines Holdings | 1.71% | $2.05M | $1.13B | 22.63% | 74 Outperform | |
| Matson | 1.61% | $1.93M | $5.06B | 10.84% | 77 Outperform |
SIXS Technical Analysis
Positive
―
Price Trends
51.84
Positive
50.35
Positive
48.77
Positive
Market Momentum
0.75
Negative
67.43
Neutral
93.42
Negative
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 52.99, equal to the 50-day MA of 51.84, and equal to the 200-day MA of 48.77, indicating a bullish trend. The MACD of 0.75 indicates Negative momentum. The RSI at 67.43 is Neutral, neither overbought nor oversold. The STOCH value of 93.42 is Negative, 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
54.66
6.25
12.91%
OSCV
Opus Small Cap Value ETF
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―
―
SEIS
SEI Select Small Cap ETF
―
―
―
JSML
Janus Henderson Small Cap Growth Alpha ETF
―
―
―
FSCC
Federated Hermes MDT Small Cap Core ETF
―
―
―
SCDV
Bahl & Gaynor Small Cap Dividend 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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