6 Meridian Small Cap Equity ETF (SIXS)
SIXS is an actively managed ETF by Exchange Traded Concepts. SIXS launched on May 11, 2020 and has a 1.00% expense ratio.
ETF Info
Issuer | Exchange Traded Concepts |
---|---|
Inception Date | May 11, 2020 |
Region | North America (U.S.) |
Category | Small Cap Blend Equities, Actively Managed |
Index Tracked | No Index (Active) |
Home Page | www.6meridianfunds.com |
Asset Class | Equity |
Asset Class Size | Micro-Cap |
Asset Class Style | Blend |
Expense Ratio
SIXS has a high expense ratio of 1.00%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: SIXS vs. QQQ
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in 6 Meridian Small 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 Small Cap Equity ETF had a return of 0.31% year-to-date (YTD) and 20.81% in the last 12 months.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 0.31% | 11.29% |
1 month | 5.62% | 4.87% |
6 months | 9.33% | 17.88% |
1 year | 20.81% | 29.16% |
5 years (annualized) | N/A | 13.20% |
10 years (annualized) | N/A | 10.97% |
Monthly Returns
The table below presents the monthly returns of SIXS, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | -2.27% | 0.54% | 2.25% | -4.39% | 0.31% | ||||||||
2023 | 7.95% | 0.13% | -7.08% | -2.99% | -2.28% | 6.38% | 6.46% | -2.71% | -1.52% | -2.57% | 4.78% | 8.96% | 14.92% |
2022 | -7.44% | 0.82% | -1.32% | -7.42% | 1.00% | -6.71% | 6.31% | -4.76% | -10.11% | 10.72% | 6.31% | -5.32% | -18.52% |
2021 | 7.98% | 6.69% | 7.45% | 0.39% | 4.73% | -1.09% | -0.91% | 2.47% | -2.10% | 3.89% | 0.06% | 5.80% | 40.74% |
2020 | 8.14% | 2.27% | 3.78% | 0.34% | -2.04% | 3.93% | 14.79% | 6.56% | 43.41% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SIXS is 56, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
SIXS (6 Meridian Small Cap Equity ETF)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for 6 Meridian Small Cap Equity ETF (SIXS) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
6 Meridian Small Cap Equity ETF granted a 1.41% dividend yield in the last twelve months. The annual payout for that period amounted to $0.67 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Dividend | $0.67 | $0.75 | $0.57 | $0.49 | $0.17 |
Dividend yield | 1.41% | 1.60% | 1.37% | 0.94% | 0.45% |
Monthly Dividends
The table displays the monthly dividend distributions for 6 Meridian Small 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.02 | $0.05 | $0.05 | $0.02 | $0.00 | $0.15 | |||||||
2023 | $0.06 | $0.06 | $0.10 | $0.02 | $0.10 | $0.01 | $0.01 | $0.13 | $0.05 | $0.03 | $0.07 | $0.11 | $0.75 |
2022 | $0.02 | $0.02 | $0.09 | $0.01 | $0.03 | $0.08 | $0.00 | $0.08 | $0.03 | $0.02 | $0.06 | $0.14 | $0.57 |
2021 | $0.05 | $0.01 | $0.05 | $0.00 | $0.07 | $0.00 | $0.00 | $0.04 | $0.02 | $0.01 | $0.06 | $0.17 | $0.49 |
2020 | $0.03 | $0.00 | $0.03 | $0.03 | $0.00 | $0.02 | $0.06 | $0.17 |
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 Small 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 Small Cap Equity ETF was 27.68%, occurring on Sep 30, 2022. The portfolio has not yet recovered.
The current 6 Meridian Small Cap Equity ETF drawdown is 7.09%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-27.68% | Jan 5, 2022 | 186 | Sep 30, 2022 | — | — | — |
-17.69% | Jun 9, 2020 | 22 | Jul 9, 2020 | 87 | Nov 10, 2020 | 109 |
-8.1% | Jun 9, 2021 | 28 | Jul 19, 2021 | 62 | Oct 14, 2021 | 90 |
-7.58% | Mar 15, 2021 | 8 | Mar 24, 2021 | 31 | May 7, 2021 | 39 |
-7.47% | Nov 17, 2021 | 10 | Dec 1, 2021 | 23 | Jan 4, 2022 | 33 |
Volatility
Volatility Chart
The current 6 Meridian Small Cap Equity ETF volatility is 3.62%, 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.