SIXL

Fund Description
A quantitively-driven strategy emphasizing low beta stocks. Stocks are first screened to remove those that score poorly on financial and growth measures. Those stocks that remain are then ranked according to their beta. In 1972, Fischer Black published an academic paper describing how the security market line (the line equating stock performance to systematic risk) was too flat relative to what existing theory (Capital Asset Pricing Model, or CAPM) had proposed. Stocks with low betas performed better than what was predicted by the CAPM and stocks with high betas did not perform well enough to justify their additional risks.
Fund Profile
Fund Name 6 Meridian Low Beta Equity Strategy ETF
Fund Exchange Ticker SIXL
Fund Sponsor Exchange Traded Concepts
Fund ISIN US3015056993
Net Expense Ratio 0.84 %
Fund Inception Date 11 May 2020
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Broad Market & Size
Asset Class Equities (Stocks)
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Broad Market / Multi-Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 21 January 2021
Asset Under Management 0.00 Million (USD)
1 Month Total Return 4.47 %
Year To Date Return 4.10 %
1 Year Total Return
3 Year Annualized Total Return
NAV
Share Outstanding
Top 10 Holdings (20 January 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
MICROSTRATEGY INC-CL A MSTR EQUI 0.016
LIQUIDITY SERVICES INC LQDT EQUI 0.0128
SHUTTERSTOCK INC SSTK EQUI 0.0068000000000000005
AMC NETWORKS INC-A AMCX EQUI 0.0067
ETSY INC ETSY EQUI 0.0066
OMNICELL INC OMCL EQUI 0.006500000000000001
TECHTARGET TTGT EQUI 0.006500000000000001
VALMONT INDUSTRIES VMI EQUI 0.0064
AMN HEALTHCARE SERVICES INC AMN EQUI 0.0059
REPLIGEN CORP RGEN EQUI 0.0059