6 Meridian Low Etf Profile
SIXL Etf | USD 36.40 0.17 0.46% |
PerformanceInsignificant
| Odds Of DistressLow
|
6 Meridian is selling for 36.40 as of the 19th of July 2025. This is a 0.46 percent decrease since the beginning of the trading day. The etf's lowest day price was 36.4. 6 Meridian has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. The performance scores are derived for the period starting the 20th of April 2025 and ending today, the 19th of July 2025. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities. 6 Meridian is traded on NYSEARCA Exchange in the United States. More on 6 Meridian Low
Moving against SIXL Etf
SIXL Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Size And Style ETFs, Large Cap ETFs, Mid-Cap Blend, Exchange Traded Concepts (View all Sectors) |
Issuer | Exchange Traded Concepts |
Inception Date | 2020-05-11 |
Entity Type | Regulated Investment Company |
Asset Under Management | 190.87 Million |
Asset Type | Equity |
Category | Size and Style |
Focus | Large Cap |
Market Concentration | Developed Markets |
Region | North America |
Administrator | SEI Investments Global Funds Services |
Advisor | Exchange Traded Concepts, LLC |
Custodian | The Bank of New York Mellon Corporation |
Distributor | SEI Investments Distribution Co. |
Portfolio Manager | Andrew Mies, Ammie Weidner, Will Horner, Andrew Serowik, Travis Tampe |
Transfer Agent | The Bank of New York Mellon Corporation |
Fiscal Year End | 30-Nov |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 241 |
Market Maker | Jane Street |
Total Expense | 0.47 |
Management Fee | 0.31 |
Country Name | USA |
Returns Y T D | (0.96) |
Name | 6 Meridian Low Beta Equity Strategy ETF |
Currency Code | USD |
Open Figi | BBG00TQKT4J3 |
In Threey Volatility | 12.88 |
1y Volatility | 11.42 |
200 Day M A | 37.2628 |
50 Day M A | 36.5443 |
Code | SIXL |
Updated At | 19th of July 2025 |
Currency Name | US Dollar |
In Threey Sharp Ratio | 0.11 |
Type | ETF |
6 Meridian Low [SIXL] is traded in USA and was established 2020-05-11. The fund is listed under Mid-Cap Blend category and is part of Exchange Traded Concepts family. The entity is thematically classified as Size And Style ETFs. 6 Meridian Low at this time have 133.3 M in assets. , while the total return for the last 3 years was 5.5%.
Check 6 Meridian Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on SIXL Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SIXL Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as 6 Meridian Low Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top 6 Meridian Low Etf Constituents
HCI | HCI Group | Stock | Financials | |
PRDO | Perdoceo Education Corp | Stock | Consumer Discretionary | |
FIZZ | National Beverage Corp | Stock | Consumer Staples | |
USNA | USANA Health Sciences | Stock | Consumer Staples | |
TDC | Teradata Corp | Stock | Information Technology | |
THS | Treehouse Foods | Stock | Consumer Staples | |
UPS | United Parcel Service | Stock | Industrials | |
AMCX | AMC Networks | Stock | Communication Services |
6 Meridian Low Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in 6 Meridian. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | 0.0028 | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.10) | |||
Sortino Ratio | (0.17) |
6 Meridian Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 6 Meridian Low. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
The market value of 6 Meridian Low is measured differently than its book value, which is the value of SIXL that is recorded on the company's balance sheet. Investors also form their own opinion of 6 Meridian's value that differs from its market value or its book value, called intrinsic value, which is 6 Meridian's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 6 Meridian's market value can be influenced by many factors that don't directly affect 6 Meridian's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 6 Meridian's value and its price as these two are different measures arrived at by different means. Investors typically determine if 6 Meridian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 6 Meridian's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.