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SIXL

GradeBNew York Stock Exchange Arca

ETC 6 Meridian Low Beta Equity ETF

Active Equity · Meridian · Inception 2020-05-08 · SEC filings

$37.95−0.20 (−0.52%)

As of Sep 23, 2026, 1:58 PM EDT

Intraday session: down, 8 prints from 38.14 to 37.95. Range 37.93 to 38.14. Use the arrow keys to read each point.$38.00$38.05$38.10$38.1510 AM12 PM2 PM4 PM
Expense ratio
0.31%
Fund size
$198M
1Y return
+6.5%
Yield · Last 12 months
2.25%
Holdings
240
Volume · 30D
0M sh
NAV per share
$38.37
52W range
low $35.69high $40.92

The ETF.net SIXL Grade

B

63/ 100

Rank 4 of 11 in US Active Low Volatility

Confidence Low

Six-pillar profile for SIXL. Scores out of 100: Cost 78, Risk 52, Mission not scored, Tradability 32, Holdings 82, Durability 68. Strongest: Holdings (82). Weakest: Tradability (32). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 63 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 78
    Category rank3/11 · top 27%
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 52
    Category rank6/10 · mid-pack
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 32
    Category rank8/11 · mid-pack
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 82
    Category rank1/10 · top 10%
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 68
    Category rank3/11 · top 27%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on SIXL

ETF.net Research

BMost low-volatility funds fish in the large-cap pond. This one screens the entire US market, small caps and REITs included, for high-quality stocks with low sensitivity to market swings, then spreads the money across about 200 names.

Stated mandate

The Fund seeks capital appreciation.

Why people hold it

  1. 01Casts a wider net than the typical low-vol fund: US stocks of any size, plus REITs, picked by a quant screen for quality, growth, profitability and low market sensitivity.sec.gov
  2. 02Roughly 200 holdings, so the portfolio is not leaning on a handful of defensive giants.
  3. 03Pays distributions monthly, a cadence more common in bond funds than equity strategies.
  4. 04Live since May 2020, with a Wichita advisory firm running the stock selection as sub-adviser and Exchange Traded Concepts handling the wrapper.sec.gov6meridianfunds.com

Worth knowing

  1. 01At 0.47% it charges the peer-group median, but the cheapest rivals undercut it: SELV at 0.15%, CGCV at 0.33%.
  2. 02Thinly traded, so spreads can run wider than in the larger low-volatility ETFs.
  3. 03Low beta means muted sensitivity to market swings, not a shield from losses, and the small-cap and REIT slices bring their own volatility.6meridianfunds.com

SIXL Holdings

As of Sep 20, 2026, 9:03 AM
Asset class
Stocks
Holdings
240
Top-10 weight
5%
Largest holding
CASH & OTHER0.6%

Sectors

  • Financials17.1%
  • Cons. Staples16.4%
  • Utilities14.9%
  • Energy12.8%
  • Real Estate11.8%
  • Health Care10.3%
  • Technology6.4%
  • Industrials3.3%
  • Communication2.9%
  • Consumer Discr.2.4%
  • Materials1.7%

Geography

  • United States94.98%
  • Bermuda2.95%
  • Ireland0.83%
  • Switzerland0.43%
  • Cayman Islands0.41%
  • United Kingdom0.40%
The fund’s holdings, weight-ordered — page 1 of 17.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001CASH & OTHER0.64%1,271,995$1M45
002CVICVR ENERGY INC0.50%18,495$1M109
003DTDYNATRACE INC0.46%16,617$928K184
004DBXDROPBOX INC-CLASS A0.46%24,549$923K172
005VLOVALERO ENERGY CORP0.46%2,230$920K395
006DINOHF SINCLAIR CORP0.45%7,766$906K232
007SAICSCIENCE APPLICATIONS INTERNATIONAL CORP0.45%6,775$905K166
008CSRCENTERSPACE0.45%15,926$905K99
009ANIPANI PHARMACEUTICALS INC0.45%11,957$901K113
010DGXQUEST DIAGNOSTICS0.45%3,622$896K306
011MPCMARATHON PETROLEUM CORP.0.45%2,123$896K391
012QLYSQUALYS INC0.45%5,027$895K189
013VRSNVERISIGN INC0.45%2,959$894K315
014HAEHAEMONETICS CORP/MASS0.45%8,299$893K141
015PSXPHILLIPS 660.44%3,243$889K368

Showing 1–15 of 242 holdings

SIXL Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

SIXL$10,651
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. SIXL $10,651. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for SIXL. Periods over one year show the average yearly return.
PeriodSIXL
Year to date+6.7%
1 month−4.8%
3 months+1.1%
1 year+6.5%
3 years+8.8%per year
5 years+4.2%per year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for SIXL
YearReturn barSIXL
2026 YTD+6.7%
2025−0.6%
2024+14.1%
2023+2.4%
2022−7.5%
2021+20.0%
2020+18.4%

History from May 11, 2020

SIXL in the news

ETF.net Research hasn’t filed on SIXL yet — coverage lands here as it’s written.

SIXL Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
2.25%Last 12 months
Payout per share
$0.86Last 12 months
Last payment
$0.06 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2023–2026

One bar per payment. 44 payments from 2023 to 2026 YTD. Jan 26, 2023 $0.01; Feb 23, 2023 $0.05; Mar 27, 2023 $0.09; Apr 25, 2023 $0.02; May 25, 2023 $0.07; Jun 27, 2023 $0.0097; Jul 27, 2023 $0.02; Aug 28, 2023 $0.06; Sep 26, 2023 $0.04; Oct 26, 2023 $0.02; Nov 27, 2023 $0.04; Dec 26, 2023 $0.07; Jan 24, 2024 $0.0081; Feb 26, 2024 $0.04; Mar 25, 2024 $0.06; Apr 24, 2024 $0.02; May 23, 2024 $0.04; Jun 24, 2024 $0.05; Jul 24, 2024 $0.03; Aug 26, 2024 $0.04; Sep 24, 2024 $0.05; Oct 24, 2024 $0.02; Nov 25, 2024 $0.05; Dec 30, 2024 $0.07; Jan 30, 2025 $0.04; Feb 27, 2025 $0.04; Mar 27, 2025 $0.08; Apr 29, 2025 $0.07; May 29, 2025 $0.07; Jun 26, 2025 $0.07; Jul 30, 2025 $0.05; Aug 28, 2025 $0.08; Sep 29, 2025 $0.07; Oct 30, 2025 $0.05; Nov 25, 2025 $0.07; Dec 30, 2025 $0.13; Jan 28, 2026 $0.07; Feb 25, 2026 $0.05; Mar 27, 2026 $0.09; Apr 28, 2026 $0.05; May 27, 2026 $0.06; Jun 26, 2026 $0.09; Jul 29, 2026 $0.06; Aug 27, 2026 $0.06. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Aug 27, 2026Aug 31, 2026$0.06
Jul 29, 2026Jul 31, 2026$0.06
Jun 26, 2026Jun 30, 2026$0.09
May 27, 2026May 29, 2026$0.06
Apr 28, 2026Apr 30, 2026$0.05
Mar 27, 2026Mar 31, 2026$0.09
Feb 25, 2026Feb 27, 2026$0.05
Jan 28, 2026Jan 30, 2026$0.07
Dec 30, 2025Dec 31, 2025$0.13
Nov 25, 2025Nov 26, 2025$0.07
Oct 30, 2025Oct 31, 2025$0.05
Sep 29, 2025Sep 30, 2025$0.07

SIXL Risk

How much the fund’s monthly returns vary, scaled to a year.
10.8%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.48
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−16.1%
Trough Oct 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.40
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

SIXL Cost

Expense ratio0.31%
  • The middle half of US Active Low Volatility funds
  • Median 0.44%

2 of the 10 US Active Low Volatility funds charge less.

SIXL costs $31.00 a year on $10,000. The median US Active Low Volatility fund costs $44.00.