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SXQG - AI Analysis
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ETC 6 Meridian Quality Growth ETF (SXQG)
Rating:77Outperform
Price Target:
$38.00
Positive Factors
Strong Top Holdings
Several of the ETF's largest positions, like Nvidia and Alphabet, have delivered strong year-to-date gains, supporting overall performance.
Sector Diversification
The ETF spreads its investments across multiple sectors, including technology, healthcare, and consumer goods, reducing reliance on any single industry.
Healthy Year-to-Date Performance
The ETF has shown solid year-to-date growth, indicating positive momentum for investors.
Negative Factors
High Geographic Concentration
The ETF is heavily focused on U.S. companies, offering little exposure to international markets and limiting global diversification.
Expense Ratio is Relatively High
The ETF charges a higher expense ratio compared to many similar funds, which could eat into investor returns over time.
Recent Short-Term Weakness
The ETF experienced a slight decline in one-month performance, signaling potential near-term volatility.
SXQG vs. SPDR S&P 500 ETF (SPY)
AUM67.19M
RegionNorth America
Expense Ratio0.70%
Beta1.04
IssuerMeridian
Inception DateMay 10, 2021
Dividend Yield0.14%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume3,899
30 Day Avg. Volume2,951
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
38.84Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering91
SXQG Summary
The ETC 6 Meridian Quality Growth ETF (Ticker: SXQG) is an investment fund focused on high-quality growth companies across the total market. It includes well-known names like Nvidia and Alphabet (Google), along with other large and emerging firms in sectors like technology, healthcare, and consumer goods. This ETF is designed for investors seeking growth and diversification, as it balances strong financial health with consistent earnings potential. However, new investors should be aware that its performance is heavily tied to the overall market, meaning it can go up or down depending on broader economic conditions.
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
The ETC 6 Meridian Quality Growth ETF leans heavily into technology, with names like Nvidia and Alphabet driving performance thanks to their strong growth in AI and cloud services. Apple and Microsoft are steady contributors, though their high valuations may limit upside. Meta Platforms has shown mixed results, with AI advancements boosting its outlook but regulatory challenges weighing on sentiment. Meanwhile, Visa and Mastercard are lagging slightly, reflecting cautious momentum in the financial sector. With a clear focus on U.S.-based tech and communication services, this fund is riding the wave of innovation but faces some valuation headwinds.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Alphabet Class A | 5.27% | $3.54M | $3.15T | 57.63% | 82 Outperform | |
| Nvidia | 5.25% | $3.53M | $4.53T | 42.32% | 81 Outperform | |
| Apple | 5.24% | $3.52M | $3.90T | 15.12% | 78 Outperform | |
| Microsoft | 4.99% | $3.35M | $3.89T | 25.49% | 83 Outperform | |
| Meta Platforms | 4.66% | $3.13M | $1.85T | 26.66% | 82 Outperform | |
| Intuitive Surgical | 4.47% | $3.00M | $193.74B | 6.77% | 78 Outperform | |
| Visa | 4.33% | $2.91M | $669.26B | 23.07% | 82 Outperform | |
| Mastercard | 4.18% | $2.81M | $518.60B | 13.05% | 84 Outperform | |
| Costco | 4.09% | $2.75M | $413.11B | 4.19% | 68 Neutral | |
| Arista Networks | 4.02% | $2.70M | $193.33B | 56.16% | 83 Outperform |
SXQG Technical Analysis
Positive
―
Price Trends
33.28
Positive
32.80
Positive
31.90
Positive
Market Momentum
0.13
Negative
62.41
Neutral
94.69
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SXQG, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 33.30, equal to the 50-day MA of 33.28, and equal to the 200-day MA of 31.90, indicating a bullish trend. The MACD of 0.13 indicates Negative momentum. The RSI at 62.41 is Neutral, neither overbought nor oversold. The STOCH value of 94.69 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SXQG.
SXQG Peer Comparison
Comparison Results
Performance Comparison
SXQG
ETC 6 Meridian Quality Growth ETF
33.86
2.75
8.84%
YALL
God Bless America ETF
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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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LSAT
Leadershares Alphafactor Tactical Focused 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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