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ETFs

ETC 6 Meridian Small Cap Equity ETF

SIXS
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 11 2020
Expense Ratio
0.89%
Type
US Equities
Fund Owner
Exchange Traded Concepts
Volume (1m avg. daily)
$46,355
AUM
$65,006,820
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

INVA
Innoviva Inc
2.60%
ECPG
Encore Capital Group, Inc.
2.13%
AMPH
Amphastar Pharmaceuticals Inc
1.82%
JBSS
Sanfilippo (John B.) & Son, Inc
1.63%
UVE
Universal Insurance Holdings Inc
1.59%
MLI
Mueller Industries, Inc.
1.51%
PLAB
Photronics, Inc.
1.48%
UPBD
Upbound Group Inc
1.45%
TWNK
Hostess Brands Inc - Ordinary Shares - Class A
1.41%
MDC
M.D.C. Holdings, Inc.
1.36%
Invest with SIXS

What is SIXS?

A quantitively-driven strategy emphasizing high quality small-cap stocks. Stocks are first screened to remove those that score poorly on financial and growth measures. Those stocks that pass the screen are then ranked on a stand-alone basis in relation to two factors beta and value. The stocks that rank the highest for each factor are combined into one portfolio. Stocks that rank high in both factors are over-weighted.

ETFs related toSIXS

ETFs correlated to SIXS include SPSM, VIOO, IJR

SIXS
Exchange Traded Concepts Trust - ETC 6 Meridian Small Cap Equity ETF
SPSM
SSgA Active Trust - SPDR Portfolio S&P 600 Small Cap ETF
VIOO
Vanguard Group, Inc. - Vanguard S&P Small-Cap 600 ETF
IJR
BlackRock Institutional Trust Company N.A. - iShares Core S&P Small-Cap ETF
FYT
First Trust Exchange-Traded Fund III - First Trust Small Cap Value AlphaDEX Fund
CSB
Victory Portfolios II - VictoryShares US Small Cap High Div Volatility Wtd ETF
SLY
SPDR Series Trust - SPDR S&P 600 Small Cap ETF
DES
WisdomTree Trust - WisdomTree U.S. SmallCap Dividend Fund
IJS
BlackRock Institutional Trust Company N.A. - iShares S&P Small-Cap 600 Value ETF
VIOV
Vanguard Group, Inc. - Vanguard S&P Small-Cap 600 Value ETF
SLYV
SPDR Series Trust - SPDR S&P 600 Small Cap Value ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toSIXS

#BORING

The Not Boring: Rising Rates with Vol Switch

Category

Community

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with SIXS using Composer

FAQ

SIXS is a US Equities ETF. A quantitively-driven strategy emphasizing high quality small-cap stocks. Stocks are first screened to remove those that score poorly on financial and growth measures. Those stocks that pass the screen are then ranked on a stand-alone basis in relation to two factors beta and value. The stocks that rank the highest for each factor are combined into one portfolio. Stocks that rank high in both factors are over-weighted.

Yes, SIXS is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, SIXS is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on SIXS is 0.0794%. This is the percent change in the value of SIXS over the most recent 1-month period. The 3-month return on SIXS is -0.0134%. This is the percent change in the value of SIXS over the most recent 3-month period.

The standard deviation of SIXS for the past year is 0.2109%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to SIXS include QQQ, DIA, and IVV.

ETFs correlated to SIXS include SPSM, VIOO, and IJR.

ETFs that are inversely correlated to SIXS include SBB, TWM, and TZA.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.