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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)
$99,468
AUM
$62,497,094
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

INVA
Innoviva Inc
2.33%
IRWD
Ironwood Pharmaceuticals Inc - Ordinary Shares - Class A
2.01%
NXGN
NextGen Healthcare Inc
1.69%
TWNK
Hostess Brands Inc - Ordinary Shares - Class A
1.67%
PRDO
Perdoceo Education Corporation
1.44%
VRTV
Veritiv Corp
1.42%
HCC
Warrior Met Coal Inc
1.42%
LRN
Stride Inc
1.36%
TWI
Titan International, Inc.
1.35%
HRMY
Harmony Biosciences Holdings Inc
1.32%
Invest with SIXS
Trade SIXS Options

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.

1M
3M
6M
YTD
1Y
3Y
Max
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SIXS
Performance Measures**

for the time period May 11, 2020 to Dec 4, 2025

Returns

1M Trailing Return: 3.6%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: -0.9%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -27.7%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 20.1%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.75

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.50

The annualized return divided by the max drawdown for the selected time period.

ETFs related toSIXS

ETFs correlated to SIXS include SPSM, DES, IJR

SIXS
Exchange Traded Concepts Trust - ETC 6 Meridian Small Cap Equity ETF
SPSM
SPDR Series Trust - SPDR Portfolio S&P 600 Small Cap ETF
DES
WisdomTree Trust - WisdomTree U.S. SmallCap Dividend Fund
IJR
BlackRock Institutional Trust Company N.A. - iShares Core S&P Small-Cap ETF
CSB
Victory Portfolios II - VictoryShares US Small Cap High Div Volatility Wtd ETF
VIOO
Vanguard Group, Inc. - Vanguard S&P Small-Cap 600 ETF
IJS
BlackRock Institutional Trust Company N.A. - iShares S&P Small-Cap 600 Value ETF
XSVM
Invesco Capital Management LLC - Invesco S&P SmallCap Value with Momentum ETF
DGRS
WisdomTree Trust - WisdomTree U.S. SmallCap Quality Dividend Growth Fund
SLYV
SPDR Series Trust - SPDR S&P 600 Small Cap Value ETF
VIOV
Vanguard Group, Inc. - Vanguard S&P Small-Cap 600 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.

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 -0.0003%. This is the percent change in the value of SIXS over the most recent 1-month period. The 3-month return on SIXS is 0.0432%. 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 0.1903%. 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 IVV, IJH, and MDY.

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

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

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.