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6 Meridian Mega Cap Equity ETF (SIXA)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US3015056811
CUSIP
301505681
Inception Date
May 11, 2020
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in 6 Meridian Mega Cap Equity ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

6 Meridian Mega Cap Equity ETF (SIXA) has returned 4.69% so far this year and 14.35% over the past 12 months.


6 Meridian Mega Cap Equity ETF

1D
1.29%
1M
-4.11%
YTD
4.69%
6M
5.94%
1Y
14.35%
3Y*
18.65%
5Y*
12.53%
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since May 11, 2020, SIXA's average daily return is +0.06%, while the average monthly return is +1.25%. At this rate, your investment would double in approximately 4.6 years.

Historically, 66% of months were positive and 34% 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%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20264.92%4.06%-4.11%4.69%
20253.65%3.94%-1.84%0.19%2.24%2.29%0.12%3.06%-0.17%-1.33%2.47%0.09%15.52%
20243.31%4.64%3.97%-2.80%3.12%1.23%3.38%4.23%1.09%-0.17%3.92%-4.80%22.70%
20232.66%-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 4.83%, beta of 0.69, and R² of 0.77 versus S&P 500 Index. Calculated based on daily prices since May 12, 2020.

  • This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (78.78%) than losses (68.93%) — typical of diversified or defensive assets.
  • This ETF generated an annualized alpha of 4.83% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
  • Beta of 0.69 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
4.83%
Beta
0.69
0.77
Upside Capture
78.78%
Downside Capture
68.93%

Expense Ratio

SIXA has an expense ratio of 0.86%, placing it in the medium range.


Return for Risk

Risk / Return Rank

SIXA ranks 64 for risk / return — better than 64% 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.


SIXA Risk / Return Rank: 6464
Overall Rank
SIXA Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
SIXA Sortino Ratio Rank: 6060
Sortino Ratio Rank
SIXA Omega Ratio Rank: 6161
Omega Ratio Rank
SIXA Calmar Ratio Rank: 6262
Calmar Ratio Rank
SIXA Martin Ratio Rank: 7575
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for 6 Meridian Mega Cap Equity ETF (SIXA) and compare them to a chosen benchmark (S&P 500 Index).


SIXABenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.09

0.90

+0.19

Sortino ratio

Return per unit of downside risk

1.58

1.39

+0.20

Omega ratio

Gain probability vs. loss probability

1.23

1.21

+0.02

Calmar ratio

Return relative to maximum drawdown

1.62

1.40

+0.22

Martin ratio

Return relative to average drawdown

8.19

6.61

+1.58

Explore SIXA risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

6 Meridian Mega Cap Equity ETF provided a 2.05% dividend yield over the last twelve months, with an annual payout of $1.07 per share.


1.20%1.40%1.60%1.80%2.00%2.20%2.40%$0.00$0.20$0.40$0.60$0.80$1.00$1.20202020212022202320242025
Dividends
Dividend Yield
PeriodTTM202520242023202220212020
Dividend$1.07$1.15$0.72$0.78$0.75$0.59$0.34

Dividend yield

2.05%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.09$0.02$0.09$0.20
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 4.11%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-18.38%Jan 13, 2022180Sep 30, 2022294Dec 1, 2023474
-11.22%Mar 3, 202527Apr 8, 202527May 16, 202554
-8.47%Sep 3, 202039Oct 28, 202013Nov 16, 202052
-7.72%Jun 9, 202014Jun 26, 202029Aug 7, 202043
-6.43%Dec 2, 202427Jan 10, 202520Feb 10, 202547

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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