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SIXS

GradeBNew York Stock Exchange Arca

ETC 6 Meridian Small Cap Equity ETF

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

$55.13−0.94 (−1.67%)

As of Sep 23, 2026, 3:10 PM EDT

Intraday session: down, 65 prints from 56.07 to 55.13. Range 55.10 to 55.65. Use the arrow keys to read each point.$55.40$55.6010 AM12 PM2 PM4 PM
Expense ratio
0.31%
Fund size
$139M
1Y return
+14.3%
Yield · Last 12 months
1.86%
Holdings
82
Volume · 30D
0M sh
NAV per share
$55.98
52W range
low $47.90high $60.43

The ETF.net SIXS Grade

B

68/ 100

Rank 7 of 41 in US Active Small-Cap

Confidence Medium

Six-pillar profile for SIXS. Scores out of 100: Cost 86, Risk 70, Mission not scored, Tradability 51, Holdings 41, Durability 66. Strongest: Cost (86). Weakest: Holdings (41). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 68 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 86
    Category rank7/41 · top 17%
  • 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.
    AScore 70
    Category rank4/37 · top 11%
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 51
    Category rank23/41 · mid-pack
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 41
    Category rank31/41 · bottom quartile
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 66
    Category rank14/41 · top 34%

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

Our read on SIXS

ETF.net Research

BA quant screen that makes small caps earn their spot on growth, profitability, quality and value, then keeps about 90 of them. Running since 2020, it's a boutique sub-adviser's in-house small-cap process in ETF form.

Stated mandate

The Fund seeks capital appreciation. Its sub-adviser applies a quantitatively driven strategy emphasizing high-quality small-capitalization securities.

Why people hold it

  1. 01Four screens, not one: growth, profitability, quality and value are weighed together, so a cheap stock with weak books has a harder time making the cut.
  2. 02Roughly 90 names, not the whole small-cap haystack. Each pick has room to actually move the fund.
  3. 03The 0.52% fee sits right at the median for active small-cap ETFs: the going rate for a quant process rather than a premium on top of it.
  4. 04Distributions arrive monthly, and the fund sits in the upper half of its actively managed small-cap peer group.

Worth knowing

  1. 01It trades thinly. The spread, not just the expense ratio, is part of what a round trip costs here.
  2. 02Avantis (AVUV, AVSC) and Dimensional (DUHP) run systematic small-cap strategies at 0.25% or less, so this one is paying up for a different model.
  3. 03Assets are modest by ETF standards, and the ranking model is described in broad strokes in the prospectus rather than published rule by rule.

SIXS Holdings

As of Sep 20, 2026, 9:03 AM
Asset class
Stocks
Holdings
82
Top-10 weight
19%
Largest holding
INSW2.5%

Sectors

  • Financials24.8%
  • Health Care15.3%
  • Utilities11.6%
  • Cons. Staples9.8%
  • Real Estate8.2%
  • Industrials7.7%
  • Technology6.5%
  • Consumer Discr.5.4%
  • Energy5.1%
  • Communication4.7%
  • Materials0.9%

Geography

  • United States94.09%
  • Bermuda4.77%
  • Cayman Islands1.14%
The fund’s holdings, weight-ordered — page 1 of 6.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001INSWINTERNATIONAL SEAWAYS INC2.51%31,885$4M157
002PARRPAR PACIFIC HOLDINGS INC2.49%40,423$3M151
003INVAINNOVIVA INC2.31%153,799$3M128
004CALMCAL-MAINE FOODS INC2.21%41,756$3M154
005AGOASSURED GUARANTY LTD2.18%43,082$3M134
006GPORGULFPORT ENERGY CORP2.09%18,203$3M131
007CVICVR ENERGY INC1.48%38,280$2M109
008SIGSIGNET JEWELERS LTD1.43%19,805$2M141
009ASOACADEMY SPORTS & OUTDOORS IN1.33%37,680$2M127
010CSRCENTERSPACE1.27%31,327$2M99
011AMNAMN HEALTHCARE SERVICES INC1.24%50,296$2M121
012LTCLTC PROPERTIES INC1.22%39,391$2M117
013PLABPHOTRONICS INC1.20%59,265$2M134
014CRCCALIFORNIA RESOURCES CORP1.20%30,822$2M130
015KMTKENNAMETAL INC1.19%56,113$2M139

Showing 1–15 of 85 holdings

SIXS Performance

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

SIXS$11,432
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. SIXS $11,432. SPY $11,723. Use the arrow keys to read each point.$9,314$10,891$12,467Sep 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 SIXS. Periods over one year show the average yearly return.
PeriodSIXS
Year to date+12.0%
1 month−4.3%
3 months+1.5%
1 year+14.3%
3 years+11.5%per year
5 years+5.1%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 SIXS
YearReturn barSIXS
2026 YTD+12.0%
2025+4.6%
2024+5.9%
2023+14.9%
2022−18.5%
2021+40.7%
2020+43.4%

History from May 11, 2020

SIXS in the news

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

SIXS 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.
1.86%Last 12 months
Payout per share
$1.04Last 12 months
Last payment
$0.11 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 $0.06; Feb 23, 2023 $0.06; Mar 27, 2023 $0.10; Apr 25, 2023 $0.02; May 25, 2023 $0.10; Jun 27, 2023 $0.0053; Jul 27, 2023 $0.01; Aug 28, 2023 $0.13; Sep 26, 2023 $0.05; Oct 26, 2023 $0.03; Nov 27, 2023 $0.07; Dec 26, 2023 $0.11; Jan 24, 2024 $0.02; Feb 26, 2024 $0.05; Mar 25, 2024 $0.05; Apr 24, 2024 $0.02; May 23, 2024 $0.07; Jun 24, 2024 $0.03; Jul 24, 2024 $0.05; Aug 26, 2024 $0.08; Sep 24, 2024 $0.03; Oct 24, 2024 $0.0027; Nov 25, 2024 $0.06; Dec 30, 2024 $0.07; Jan 30, 2025 $0.06; Feb 27, 2025 $0.03; Mar 27, 2025 $0.09; Apr 29, 2025 $0.02; May 29, 2025 $0.13; Jun 26, 2025 $0.05; Jul 30, 2025 $0.02; Aug 28, 2025 $0.13; Sep 29, 2025 $0.08; Oct 30, 2025 $0.04; Nov 25, 2025 $0.07; Dec 30, 2025 $0.10; Jan 28, 2026 $0.19; Feb 25, 2026 $0.05; Mar 27, 2026 $0.10; Apr 28, 2026 $0.05; May 27, 2026 $0.08; Jun 26, 2026 $0.09; Jul 29, 2026 $0.09; Aug 27, 2026 $0.11. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Aug 27, 2026Aug 31, 2026$0.11
Jul 29, 2026Jul 31, 2026$0.09
Jun 26, 2026Jun 30, 2026$0.09
May 27, 2026May 29, 2026$0.08
Apr 28, 2026Apr 30, 2026$0.05
Mar 27, 2026Mar 31, 2026$0.10
Feb 25, 2026Feb 27, 2026$0.05
Jan 28, 2026Jan 30, 2026$0.19
Dec 30, 2025Dec 31, 2025$0.10
Nov 25, 2025Nov 26, 2025$0.07
Oct 30, 2025Oct 31, 2025$0.04
Sep 29, 2025Sep 30, 2025$0.08

SIXS Risk

How much the fund’s monthly returns vary, scaled to a year.
15.4%
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.
0.52
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.
−27.7%
Trough Sep 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.
0.57
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.

SIXS Cost

Expense ratio0.31%
  • The middle half of US Active Small-Cap funds
  • Median 0.55%

5 of the 39 US Active Small-Cap funds charge less.

SIXS costs $31.00 a year on $10,000. The median US Active Small-Cap fund costs $55.00.