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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
Assets Under Management
$186M

Share Price Chart


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Performance

SIXL Performance Chart

ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) is up 5.5% since the beginning of the year. SIXL is currently trading at $38 per share. Investors who bought $1,000 worth of SIXL shares 5 years ago would now be looking at an investment worth $1,212.


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S&P 500 Index

Returns By Period

ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) has returned 5.54% so far this year and 6.99% over the past 12 months.


ETC 6 Meridian Low Beta Equity Strategy ETF

1D
-0.02%
1M
-1.13%
YTD
5.54%
6M
3.37%
1Y
6.99%
3Y*
8.78%
5Y*
3.92%
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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SIXL Monthly Returns History

Based on dividend-adjusted daily data since May 11, 2020, SIXL's average daily return is +0.03%, while the average monthly return is +0.71%. At this rate, an investment would double in approximately 8.2 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%2.96%-2.76%0.89%5.54%
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 -0.13%, beta of 0.52, and R2 of 0.50 versus S&P 500 Index. Calculated based on daily prices since May 11, 2020.

  • This ETF participated in 65.86% of S&P 500 Index downside but only 50.22% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.52 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
-0.13%
Beta
0.52
0.50
Upside Capture
50.22%
Downside Capture
65.86%

Expense Ratio

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


Return for Risk

Risk / Return Rank

SIXL ranks 21 for risk / return — below 21% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


SIXL Risk / Return Rank: 2121
Overall Rank
SIXL Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
SIXL Sortino Ratio Rank: 2020
Sortino Ratio Rank
SIXL Omega Ratio Rank: 1919
Omega Ratio Rank
SIXL Calmar Ratio Rank: 2323
Calmar Ratio Rank
SIXL Martin Ratio Rank: 2323
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 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.


SIXLBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-1.32

Sortino ratioReturn per unit of downside risk

-1.70

Omega ratioGain probability vs. loss probability

1.13

1.37

-0.24

Calmar ratioReturn relative to maximum drawdown

1.08

2.78

-1.71

Martin ratioReturn relative to average drawdown

2.88

12.44

-9.56

Dividends

Dividend History

ETC 6 Meridian Low Beta Equity Strategy ETF provided a 2.26% dividend yield over the last twelve months, with an annual payout of $0.86 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$0.86$0.84$0.48$0.49$0.48$0.24$0.12

Dividend yield

2.26%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$0.05$0.06$0.00$0.32
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 4.11%.


Related event

Drawdown

Fall

Recovery

Underwater

Bear market2022
-16.08%Oct 2022
9mo 7d1y 7mo
2y 4moJan 2022 - May 2024
2025 selloff2025
-11.65%Apr 2025
4mo 7d10mo 3d
1y 2moDec 2024 - Feb 2026
2020 pullback2020
-7.53%Jun 2020
17d1mo 3d
1mo 20dJun 2020 - Jul 2020
2020 pullback2020
-7.12%Sep 2020
1mo 14d19d
2mo 3dAug 2020 - Oct 2020
2026 pullback2026
-6.52%Mar 2026
17d
3mo 22dMar 2026 - now

Drawdown Indicators


SIXLBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-16.08%

-56.78%

+40.70%

Max Drawdown (1Y)

Largest decline over 1 year

-6.52%

-9.10%

+2.58%

Max Drawdown (3Y)

Largest decline over 3 years

-11.65%

-18.90%

+7.25%

Max Drawdown (5Y)

Largest decline over 5 years

-16.08%

-25.43%

+9.35%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-4.11%

-1.80%

-2.31%

Average Drawdown

Average peak-to-trough decline

-4.56%

-10.71%

+6.15%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.44%

2.03%

+0.41%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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