6 Meridian Small Cap Equity ETF (SIXS)

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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.

6 Meridian Small Cap Equity ETF (SIXS) has returned 3.07% so far this year and 13.19% over the past 12 months.

Based on dividend-adjusted daily data since May 11, 2020, SIXS's average daily return is +0.06%, while the average monthly return is +1.22%. At this rate, your investment would double in approximately 4.8 years.

Historically, 58% of months were positive and 42% were negative. The best month was Nov 2020 with a return of +14.8%, while the worst month was Sep 2022 at -10.1%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 3 months.

On a daily basis, SIXS closed higher 51% of trading days. The best single day was May 18, 2020 with a return of +6.6%, while the worst single day was Jun 11, 2020 at -8.7%.

6 Meridian Small Cap Equity ETF has an annualized alpha of 2.60%, beta of 0.83, and R² of 0.51 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 (77.11%) than losses (72.68%) — typical of diversified or defensive assets.
• This ETF generated an annualized alpha of 2.60% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.

SIXS has a high expense ratio of 1.00%, indicating above-average management fees.

SIXS ranks 42 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

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

6 Meridian Small Cap Equity ETF provided a 1.90% dividend yield over the last twelve months, with an annual payout of $0.99 per share.

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.

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.

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. Recovery took 458 trading sessions.

The current 6 Meridian Small Cap Equity ETF drawdown is 4.79%.

The chart below shows the rolling one-month volatility.