- ISIN
- US3015056811
- CUSIP
- 301505681
- Issuer
- Exchange Traded Concepts
- Inception Date
- May 11, 2020
- Region
- North America (U.S.)
- Category
- Large Cap Blend Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $402M
Share Price Chart
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Performance
SIXA Performance Chart
6 Meridian Mega Cap Equity ETF (SIXA) is up 13.3% since the beginning of the year. SIXA is currently trading at $56 per share. Investors who bought $1,000 worth of SIXA shares 5 years ago would now be looking at an investment worth $1,851.
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Returns By Period
6 Meridian Mega Cap Equity ETF (SIXA) has returned 13.32% so far this year and 21.14% over the past 12 months.
6 Meridian Mega Cap Equity ETF
- 1D
- 0.28%
- 1M
- 0.43%
- YTD
- 13.32%
- 6M
- 13.09%
- 1Y
- 21.14%
- 3Y*
- 20.90%
- 5Y*
- 13.11%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
SIXA Monthly Returns History
Based on dividend-adjusted daily data since May 11, 2020, SIXA's average daily return is +0.06%, while the average monthly return is +1.31%. At this rate, an investment would double in approximately 4.4 years.
Historically, 68% of months were positive and 32% were negative. The best month was Oct 2022 with a return of +11.5%, while the worst month was Jun 2022 at -7.8%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.
On a daily basis, SIXA closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +6.1%, while the worst single day was Apr 4, 2025 at -5.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.92% | 4.06% | -4.11% | 5.30% | 1.80% | 0.97% | 13.32% | ||||||
| 2025 | 3.65% | 3.94% | -1.84% | 0.19% | 2.24% | 2.29% | 0.12% | 3.06% | -0.17% | -1.33% | 2.47% | 0.09% | 15.52% |
| 2024 | 3.31% | 4.64% | 3.97% | -2.80% | 3.12% | 1.23% | 3.38% | 4.23% | 1.09% | -0.17% | 3.92% | -4.80% | 22.70% |
| 2023 | 2.66% | -3.68% | 0.59% | 2.31% | -2.65% | 4.95% | 3.25% | -0.98% | -3.48% | -1.98% | 6.40% | 4.65% | 11.98% |
| 2022 | -1.68% | -2.85% | 1.55% | -3.51% | 2.11% | -7.83% | 4.11% | -2.71% | -7.19% | 11.46% | 5.17% | -2.87% | -5.72% |
| 2021 | -0.11% | 0.42% | 6.73% | 2.84% | 3.45% | 0.96% | 2.04% | 3.00% | -5.00% | 3.75% | -1.60% | 5.68% | 23.87% |
Benchmark Metrics
6 Meridian Mega Cap Equity ETF has an annualized alpha of 4.58%, beta of 0.68, and R2 of 0.76 versus S&P 500 Index. Calculated based on daily prices since May 11, 2020.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (75.70%) than losses (66.97%) - typical of diversified or defensive assets.
- This ETF generated an annualized alpha of 4.58% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.68 indicates this ETF moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 4.58%
- Beta
- 0.68
- R²
- 0.76
- Upside Capture
- 75.70%
- Downside Capture
- 66.97%
Expense Ratio
SIXA has an expense ratio of 0.86%, placing it in the medium range.
Return for Risk
Risk / Return Rank
SIXA ranks 77 for risk / return — better than 77% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for 6 Meridian Mega Cap Equity ETF (SIXA) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SIXA | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.35 | ||
| Sortino ratioReturn per unit of downside risk | +0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.37 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.80 | 2.78 | +1.02 |
| Martin ratioReturn relative to average drawdown | 14.42 | 12.44 | +1.99 |
Dividends
Dividend History
6 Meridian Mega Cap Equity ETF provided a 1.99% dividend yield over the last twelve months, with an annual payout of $1.11 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Dividend | $1.11 | $1.15 | $0.72 | $0.78 | $0.75 | $0.59 | $0.34 |
Dividend yield | 1.99% | 2.31% | 1.62% | 2.12% | 2.23% | 1.63% | 1.13% |
Monthly Dividends
The table displays the monthly dividend distributions for 6 Meridian Mega Cap Equity ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.09 | $0.02 | $0.09 | $0.13 | $0.07 | $0.00 | $0.40 | ||||||
| 2025 | $0.10 | $0.07 | $0.12 | $0.09 | $0.06 | $0.09 | $0.16 | $0.04 | $0.09 | $0.16 | $0.05 | $0.12 | $1.15 |
| 2024 | $0.03 | $0.03 | $0.09 | $0.04 | $0.05 | $0.07 | $0.05 | $0.04 | $0.09 | $0.07 | $0.06 | $0.10 | $0.72 |
| 2023 | $0.05 | $0.06 | $0.10 | $0.06 | $0.05 | $0.11 | $0.02 | $0.04 | $0.09 | $0.04 | $0.04 | $0.12 | $0.78 |
| 2022 | $0.02 | $0.04 | $0.09 | $0.04 | $0.09 | $0.06 | $0.07 | $0.07 | $0.08 | $0.03 | $0.08 | $0.09 | $0.75 |
| 2021 | $0.04 | $0.03 | $0.07 | $0.03 | $0.06 | $0.03 | $0.04 | $0.06 | $0.07 | $0.00 | $0.09 | $0.08 | $0.59 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the 6 Meridian Mega Cap Equity ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the 6 Meridian Mega Cap Equity ETF was 18.38%, occurring on Sep 30, 2022. Recovery took 294 trading sessions.
The current 6 Meridian Mega Cap Equity ETF drawdown is 0.81%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -18.38%Sep 2022 | 8mo 20d | 1y 2mo | 1y 10moJan 2022 - Dec 2023 |
2025 selloff2025 | -11.22%Apr 2025 | 1mo 6d | 1mo 8d | 2mo 14dMar 2025 - May 2025 |
2020 pullback2020 | -8.47%Oct 2020 | 1mo 25d | 19d | 2mo 14dSep 2020 - Nov 2020 |
2020 pullback2020 | -7.72%Jun 2020 | 17d | 1mo 12d | 1mo 29dJun 2020 - Aug 2020 |
2025 pullback2025 | -6.43%Jan 2025 | 1mo 9d | 1mo 1d | 2mo 10dDec 2024 - Feb 2025 |
Drawdown Indicators
| SIXA | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.38% | -56.78% | +38.40% |
Max Drawdown (1Y)Largest decline over 1 year | -5.59% | -9.10% | +3.51% |
Max Drawdown (3Y)Largest decline over 3 years | -11.22% | -18.90% | +7.68% |
Max Drawdown (5Y)Largest decline over 5 years | -18.38% | -25.43% | +7.05% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.81% | -1.80% | +0.99% |
Average DrawdownAverage peak-to-trough decline | -2.98% | -10.71% | +7.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.47% | 2.03% | -0.56% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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