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ETC 6 Meridian Small Cap Equity ETF

SIXSNYSE ArcaMeridianB

$58.00+0.77 (+1.35%)

As of Nov 2, 2026, 3:59 PM ET

Intraday session: up, 73 prints from 57.23 to 58.00. Range 57.77 to 58.09. Use the arrow keys to read each point.57.4057.6057.8010 AM12 PM2 PM4 PM
Expense ratio
0.50%
Fund size
$145M
1Y total return
+20.9%
Yield · Last 12 months
1.97%
Holdings
85
Avg volume · 30D
5.15K sh
52W range
low $48.08high $60.43
Launched
Filings
SEC EDGAR

The ETF.net SIXS Grade

Based on 5 of 6 pillars

B

Score 60 out of 100

Rank
11 of 41
Six-pillar profile for SIXS. Scores out of 100: Cost 64, Risk 79, Mission not scored, Tradability 46, Holdings 41, Durability 66. Strongest: Risk (79). Weakest: Holdings (41). Based on 5 of 6 pillars.

Score 60 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B64 out of 100
    Rank 14 of 41
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A79 out of 100
    Rank 2 of 39
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C46 out of 100
    Rank 22 of 41
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C41 out of 100
    Rank 31 of 41
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B66 out of 100
    Rank 12 of 41

Our read on SIXS

ETF.net Research

In short

BA Wichita wealth manager's in-house small-cap sleeve, in ETF form. A quant screen cuts the weakest small caps on profitability, growth and debt coverage, then ranks survivors on beta and value.

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

  • Charges 0.50% a year, below the typical fee among active US small-cap funds.
  • The screen is a gate, not a tilt: prospectus says the lowest-ranked names on profitability, growth and debt-service capacity are cut from the universe before any buying.sec.gov
  • Survivors get ranked on beta and value, so it leans toward lower market sensitivity and cheaper valuations in a corner known for the opposite.sec.gov
  • Pays monthly, which is rare for small-cap equity, and has been running the same quant process since 2020.

Worth knowing

  • Index-style small-cap exposure costs less: AVSC runs 0.25% and DFSV 0.30%. The quality gate is what you pay the difference for.
  • Thinly traded and in the smaller asset tier, so spreads can be wider than in category giants and show up in your fill price.
  • Roughly 80 stocks versus the hundreds in a broad small-cap index, so individual names carry weight and results can drift from the benchmark.sec.gov

SIXS Performance

Launched May 8, 2020

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

Not enough history yet.
SIXS$12,087
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. SIXS $12,087. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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+14.8%
1 month+5.1%
3 months−2.8%
1 year+20.9%
3 yearsper year+13.2%
5 yearsper year+4.7%
10 yearsFund is under 10 years oldper yearNo data

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+14.8%
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

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 Oct 30, 2026.
1.97%Last 12 months
Payout per share
$1.13Last 12 months
Last payment
$0.09 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. 46 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; Sep 28, 2026 $0.11; Oct 28, 2026 $0.09. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Oct 28, 2026Oct 30, 2026$0.09
Sep 28, 2026Sep 30, 2026$0.11
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

See all 72 payments⁠

$10,000 in SIXS 5 years ago paid $738 in dividends.⁠

SIXS Risk

How much the fund’s monthly returns vary, scaled to a year.
15.9%
Annualised · 36 months to Oct 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.
0.58
vs 3-month T-bills · to Oct 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.

FMP measures it over up to five years of monthly returns.

SIXS Cost

Overpaying vs AVSC, cheapest in US Active Small-Cap

$4,820

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • SIXS 0.50%

    $9,979

  • AVSC 0.25% Cheapest

    $5,159

$10,000
30 years

Cost over time

  • SIXS 0.50%
  • AVSC 0.25%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530SIXS $9,979AVSC $5,159

Year by year

YearSIXSAVSCOverpaying
10$900$455$445
20$3,460$1,769$1,691
30$9,979$5,159$4,820

Other funds in US Active Small-Cap