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SXQG - ETF AI Analysis
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ETC 6 Meridian Quality Growth ETF (SXQG)
Rating:76Outperform
Price Target:―
Positive Factors
High-Quality Blue-Chip Holdings
The ETF holds many well-known, financially strong companies, which can provide stability and long-term growth potential.
Sector Diversification Across Growth Areas
Exposure to several key sectors like technology, health care, communication services, and financials helps spread risk across different parts of the economy.
Select Holdings Showing Positive Momentum
Some top positions, such as Alphabet, Costco, and TJX, have shown strong recent performance, helping offset weaker names in the portfolio.
Negative Factors
Relatively High Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which can eat into investor returns over time.
Recent Weak Overall Performance
The ETF has delivered weak returns over the past month, three months, and year to date, which may concern performance-focused investors.
Heavy U.S. and Mega-Cap Growth Concentration
With almost all assets in U.S. stocks and a large weight in a handful of big technology and payment companies that have recently lagged, the fund is exposed to both country and style-specific risks.
SXQG vs. SPDR S&P 500 ETF (SPY)
AUM65.93M
RegionNorth America
Expense Ratio0.70%
Beta1.00
IssuerMeridian
Inception DateMay 10, 2021
Dividend Yield0.15%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume4,546
30 Day Avg. Volume3,742
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
39.60Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering90
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SXQG Summary
The ETC 6 Meridian Quality Growth ETF (SXQG) is an actively managed fund that invests in a wide range of U.S. companies with strong growth and solid financial health, rather than tracking a specific index. It focuses on the total market but leans toward high-quality growth names, with a big tilt to technology and communication services. Well-known holdings include Alphabet (Google), Nvidia, Apple, and Microsoft. Someone might invest in SXQG to seek long-term growth and diversification across many leading companies. A key risk is that it is heavily exposed to growth and tech-related stocks, so its price can swing up and down more than the overall market.
How much will it cost me?The ETC 6 Meridian Quality Growth ETF (Ticker: SXQG) has an expense ratio of 0.7%, which means you’ll pay $7 per year for every $1,000 invested. This is higher than average because it is actively managed, focusing on selecting high-quality growth companies rather than tracking a broad index. Active management typically involves more research and decision-making, which increases costs.
What would affect this ETF?The ETC 6 Meridian Quality Growth ETF (SXQG) could benefit from continued innovation and growth in the technology sector, which makes up a significant portion of its holdings, as well as strong consumer spending trends supporting companies like Apple and Costco. However, rising interest rates or economic slowdowns could negatively impact growth-focused companies, particularly in sectors like technology and communication services, which are sensitive to broader market conditions. Regulatory changes affecting major holdings such as Nvidia, Alphabet, or Meta could also pose risks to the ETF's performance.
SXQG Top 10 Holdings
SXQG leans heavily into U.S. growth stories, with Big Tech and consumer standouts steering the ship. Nvidia and Alphabet are doing much of the heavy lifting, with their AI and cloud engines still humming, while Apple and Microsoft look a bit tired, with recent trading more mixed and occasionally losing steam. On the consumer side, Costco and TJX are quietly powering ahead, giving the fund a steady retail backbone. Overall, the ETF is clearly tilted toward U.S. technology and communication names, with a supporting cast in high-quality consumer and financial stocks.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Alphabet Class A | 6.59% | $4.35M | $3.77T | 86.67% | 85 Outperform | |
| Apple | 5.76% | $3.80M | $3.88T | 11.21% | 79 Outperform | |
| Nvidia | 5.51% | $3.63M | $4.31T | 55.35% | 76 Outperform | |
| TJX Companies | 4.58% | $3.02M | $179.52B | 30.86% | 79 Outperform | |
| Costco | 4.58% | $3.02M | $448.66B | -4.21% | 72 Outperform | |
| Meta Platforms | 4.38% | $2.89M | $1.64T | -1.05% | 76 Outperform | |
| Intuitive Surgical | 4.38% | $2.89M | $178.81B | -12.47% | 78 Outperform | |
| Visa | 4.18% | $2.75M | $610.19B | -11.52% | 70 Outperform | |
| Microsoft | 4.05% | $2.67M | $2.92T | 1.09% | 79 Outperform | |
| Mastercard | 3.96% | $2.61M | $461.25B | -10.04% | 75 Outperform |
SXQG Technical Analysis
Neutral
―
Price Trends
32.33
Negative
32.70
Negative
32.64
Negative
Market Momentum
-0.21
Negative
52.41
Neutral
100.05
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SXQG, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 31.64, equal to the 50-day MA of 32.33, and equal to the 200-day MA of 32.64, indicating a neutral trend. The MACD of -0.21 indicates Negative momentum. The RSI at 52.41 is Neutral, neither overbought nor oversold. The STOCH value of 100.05 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SXQG.
SXQG Peer Comparison
Comparison Results
Performance Comparison
SXQG
ETC 6 Meridian Quality Growth ETF
31.90
0.55
1.75%
FMTM
MarketDesk Focused U.S. Momentum ETF
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SOVF
Sovereign's Capital Flourish Fund
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―
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STNC
Stance Equity ESG Large Cap Core ETF
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RFDA
RiverFront Dynamic US Dividend Advantage ETF
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VAMO
Cambria Value & Momentum 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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