6 Meridian Mega Cap Equity ETF (SIXA)
SIXA is an actively managed ETF by Exchange Traded Concepts. SIXA launched on May 11, 2020 and has a 0.86% expense ratio.
ETF Info
ISIN | US3015056811 |
---|---|
CUSIP | 301505681 |
Issuer | Exchange Traded Concepts |
Inception Date | May 11, 2020 |
Region | North America (U.S.) |
Category | Large Cap Blend Equities, Actively Managed |
Index Tracked | No Index (Active) |
Home Page | 6meridianfunds.com |
Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
The 6 Meridian Mega Cap Equity ETF has a high expense ratio of 0.86%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: SIXA vs. QQQ
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.
Returns By Period
6 Meridian Mega Cap Equity ETF had a return of 10.60% year-to-date (YTD) and 21.68% in the last 12 months.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 10.60% | 6.30% |
1 month | -0.55% | -3.13% |
6 months | 21.48% | 19.37% |
1 year | 21.68% | 22.56% |
5 years (annualized) | N/A | 11.65% |
10 years (annualized) | N/A | 10.55% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 3.31% | 4.64% | 3.97% | |||||||||
2023 | -3.48% | -1.98% | 6.40% | 4.65% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
6 Meridian Mega Cap Equity ETF(SIXA)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for 6 Meridian Mega Cap Equity ETF (SIXA) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
6 Meridian Mega Cap Equity ETF granted a 1.64% dividend yield in the last twelve months. The annual payout for that period amounted to $0.66 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Dividend | $0.66 | $0.78 | $0.75 | $0.59 | $0.34 |
Dividend yield | 1.64% | 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.03 | $0.03 | $0.09 | |||||||||
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 |
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 |
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 |
2020 | $0.05 | $0.05 | $0.05 | $0.02 | $0.04 | $0.05 | $0.08 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 1.60%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-18.38% | Jan 13, 2022 | 180 | Sep 30, 2022 | 294 | Dec 1, 2023 | 474 |
-8.47% | Sep 3, 2020 | 39 | Oct 28, 2020 | 13 | Nov 16, 2020 | 52 |
-7.72% | Jun 9, 2020 | 14 | Jun 26, 2020 | 29 | Aug 7, 2020 | 43 |
-5.75% | Feb 18, 2021 | 11 | Mar 4, 2021 | 12 | Mar 22, 2021 | 23 |
-5.59% | Aug 17, 2021 | 34 | Oct 4, 2021 | 22 | Nov 3, 2021 | 56 |
Volatility
Volatility Chart
The current 6 Meridian Mega Cap Equity ETF volatility is 2.67%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.