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ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US3015056993
CUSIP
301505699
Inception Date
May 11, 2020
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Domicile
United States
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Mid-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 ETC 6 Meridian Low Beta Equity Strategy 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

ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) has returned 4.48% so far this year and 2.42% over the past 12 months.


ETC 6 Meridian Low Beta Equity Strategy ETF

1D
0.42%
1M
-4.69%
YTD
4.48%
6M
2.87%
1Y
2.42%
3Y*
7.20%
5Y*
4.17%
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, SIXL's average daily return is +0.03%, while the average monthly return is +0.72%. At this rate, your investment would double in approximately 8.1 years.

Historically, 55% of months were positive and 45% were negative. The best month was Oct 2022 with a return of +9.7%, while the worst month was Sep 2022 at -8.2%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, SIXL closed higher 52% of trading days. The best single day was Apr 9, 2025 with a return of +3.9%, while the worst single day was Jun 11, 2020 at -5.0%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20264.60%4.80%-4.69%4.48%
20251.29%1.02%-0.91%-1.69%-0.29%-0.45%-1.33%3.48%-0.08%-3.29%4.39%-2.48%-0.61%
2024-0.23%2.37%3.35%-3.26%3.12%-0.60%5.72%2.81%0.26%-1.17%6.59%-5.01%14.13%
20232.45%-1.55%-2.33%0.09%-5.01%3.26%3.59%-2.28%-3.24%-0.65%4.16%4.46%2.38%
2022-6.58%-0.46%4.29%-4.18%0.94%-3.26%4.09%-3.02%-8.22%9.65%3.86%-3.38%-7.49%
20213.35%0.99%4.32%1.52%1.51%0.96%0.85%0.84%-4.23%3.74%-2.19%7.19%20.00%

Benchmark Metrics

ETC 6 Meridian Low Beta Equity Strategy ETF has an annualized alpha of 0.64%, beta of 0.54, and R² of 0.53 versus S&P 500 Index. Calculated based on daily prices since May 12, 2020.

  • This ETF participated in 67.74% of S&P 500 Index downside but only 55.11% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.54 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
0.64%
Beta
0.54
0.53
Upside Capture
55.11%
Downside Capture
67.74%

Expense Ratio

SIXL has an expense ratio of 0.47%, placing it in the medium range.


Return for Risk

Risk / Return Rank

SIXL ranks 17 for risk / return — in the bottom 17% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


SIXL Risk / Return Rank: 1717
Overall Rank
SIXL Sharpe Ratio Rank: 1616
Sharpe Ratio Rank
SIXL Sortino Ratio Rank: 1515
Sortino Ratio Rank
SIXL Omega Ratio Rank: 1515
Omega Ratio Rank
SIXL Calmar Ratio Rank: 1919
Calmar Ratio Rank
SIXL Martin Ratio Rank: 2020
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 ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) and compare them to a chosen benchmark (S&P 500 Index).


SIXLBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.20

0.90

-0.70

Sortino ratio

Return per unit of downside risk

0.36

1.39

-1.03

Omega ratio

Gain probability vs. loss probability

1.05

1.21

-0.16

Calmar ratio

Return relative to maximum drawdown

0.37

1.40

-1.03

Martin ratio

Return relative to average drawdown

1.19

6.61

-5.41

Explore SIXL risk-adjusted metrics in detail

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

Dividends

Dividend History

ETC 6 Meridian Low Beta Equity Strategy ETF provided a 2.37% dividend yield over the last twelve months, with an annual payout of $0.89 per share.


0.50%1.00%1.50%2.00%$0.00$0.20$0.40$0.60$0.80202020212022202320242025
Dividends
Dividend Yield
PeriodTTM202520242023202220212020
Dividend$0.89$0.84$0.48$0.49$0.48$0.24$0.12

Dividend yield

2.37%2.31%1.28%1.48%1.45%0.67%0.40%

Monthly Dividends

The table displays the monthly dividend distributions for ETC 6 Meridian Low Beta Equity Strategy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.07$0.05$0.09$0.22
2025$0.04$0.04$0.08$0.07$0.07$0.07$0.05$0.08$0.07$0.05$0.07$0.13$0.84
2024$0.01$0.04$0.06$0.02$0.04$0.05$0.03$0.04$0.05$0.02$0.05$0.07$0.48
2023$0.01$0.05$0.09$0.02$0.07$0.01$0.02$0.06$0.04$0.02$0.04$0.07$0.49
2022$0.00$0.03$0.06$0.01$0.03$0.06$0.02$0.05$0.06$0.02$0.05$0.09$0.48
2021$0.01$0.01$0.03$0.00$0.02$0.01$0.00$0.02$0.04$0.00$0.03$0.06$0.24

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 ETC 6 Meridian Low Beta Equity Strategy 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 ETC 6 Meridian Low Beta Equity Strategy ETF was 16.08%, occurring on Oct 7, 2022. Recovery took 398 trading sessions.

The current ETC 6 Meridian Low Beta Equity Strategy ETF drawdown is 5.07%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-16.08%Jan 3, 2022193Oct 7, 2022398May 9, 2024591
-11.65%Dec 2, 202487Apr 8, 2025208Feb 5, 2026295
-7.53%Jun 9, 202014Jun 26, 202022Jul 29, 202036
-7.12%Aug 10, 202032Sep 23, 202013Oct 12, 202045
-6.52%Mar 3, 202614Mar 20, 2026

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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