- Issuer
- Exchange Traded Concepts
- Inception Date
- May 11, 2020
- Region
- North America (U.S.)
- Category
- Small Cap Blend Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Micro-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $106M
Share Price Chart
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Performance
SIXS Performance Chart
6 Meridian Small Cap Equity ETF (SIXS) is up 10.4% since the beginning of the year. SIXS is currently trading at $55 per share. Investors who bought $1,000 worth of SIXS shares 5 years ago would now be looking at an investment worth $1,255.
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Returns By Period
6 Meridian Small Cap Equity ETF (SIXS) has returned 10.35% so far this year and 22.16% over the past 12 months.
6 Meridian Small Cap Equity ETF
- 1D
- -0.12%
- 1M
- 2.59%
- YTD
- 10.35%
- 6M
- 9.21%
- 1Y
- 22.16%
- 3Y*
- 12.47%
- 5Y*
- 4.64%
- 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%
SIXS Monthly Returns History
Based on dividend-adjusted daily data since May 11, 2020, SIXS's average daily return is +0.06%, while the average monthly return is +1.27%. At this rate, an investment would double in approximately 4.6 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 52% 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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.70% | 3.65% | -4.11% | 5.83% | -1.59% | 2.80% | 10.35% | ||||||
| 2025 | 1.82% | -4.51% | -2.06% | -3.52% | 2.38% | 1.46% | 1.29% | 7.49% | -1.70% | -2.75% | 3.82% | 1.41% | 4.59% |
| 2024 | -2.27% | 0.54% | 2.25% | -4.39% | 2.80% | -1.98% | 11.92% | -2.50% | -1.30% | -1.55% | 10.00% | -6.25% | 5.85% |
| 2023 | 7.95% | 0.13% | -7.08% | -2.99% | -2.28% | 6.38% | 6.46% | -2.72% | -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% |
Benchmark Metrics
6 Meridian Small Cap Equity ETF has an annualized alpha of 2.13%, beta of 0.81, and R2 of 0.50 versus S&P 500 Index. Calculated based on daily prices since May 11, 2020.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (72.49%) than losses (68.96%) - typical of diversified or defensive assets.
- R2 of 0.50 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 2.13%
- Beta
- 0.81
- R²
- 0.50
- Upside Capture
- 72.49%
- Downside Capture
- 68.96%
Expense Ratio
SIXS has a high expense ratio of 1.00%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
SIXS ranks 53 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for 6 Meridian Small Cap Equity ETF (SIXS) 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.
| SIXS | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.38 | ||
| Sortino ratioReturn per unit of downside risk | -0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.37 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.11 | 2.78 | +0.32 |
| Martin ratioReturn relative to average drawdown | 9.32 | 12.44 | -3.12 |
Dividends
Dividend History
6 Meridian Small Cap Equity ETF provided a 1.73% dividend yield over the last twelve months, with an annual payout of $0.96 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.96 | $0.82 | $0.54 | $0.75 | $0.57 | $0.49 | $0.17 |
Dividend yield | 1.73% | 1.62% | 1.09% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.19 | $0.05 | $0.10 | $0.05 | $0.08 | $0.00 | $0.47 | ||||||
| 2025 | $0.06 | $0.03 | $0.09 | $0.02 | $0.13 | $0.05 | $0.02 | $0.13 | $0.08 | $0.04 | $0.07 | $0.10 | $0.82 |
| 2024 | $0.02 | $0.05 | $0.05 | $0.02 | $0.07 | $0.03 | $0.05 | $0.08 | $0.03 | $0.00 | $0.06 | $0.07 | $0.54 |
| 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 |
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 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 1.02%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -27.68%Sep 2022 | 8mo 28d | 1y 10mo | 2y 6moJan 2022 - Jul 2024 |
2025 selloff2025 | -19.95%Apr 2025 | 4mo 7d | 8mo 7d | 1y 9dDec 2024 - Dec 2025 |
2020 correction2020 | -17.69%Jul 2020 | 1mo | 4mo 4d | 5mo 4dJun 2020 - Nov 2020 |
2024 pullback2024 | -8.87%Aug 2024 | 7d | 3mo 1d | 3mo 8dJul 2024 - Nov 2024 |
2021 pullback2021 | -8.10%Jul 2021 | 1mo 10d | 2mo 27d | 4mo 7dJun 2021 - Oct 2021 |
Drawdown Indicators
| SIXS | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.68% | -56.78% | +29.10% |
Max Drawdown (1Y)Largest decline over 1 year | -7.16% | -9.10% | +1.94% |
Max Drawdown (3Y)Largest decline over 3 years | -19.95% | -18.90% | -1.05% |
Max Drawdown (5Y)Largest decline over 5 years | -27.68% | -25.43% | -2.25% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -1.02% | -1.80% | +0.78% |
Average DrawdownAverage peak-to-trough decline | -8.88% | -10.71% | +1.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.38% | 2.03% | +0.35% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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