ETF Evaluator:
ETC 6 Meridian Mega Cap Equity ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Large Value Over the Last Year
| 72.4% | iShares MSCI USA Value Factor ETF (VLUE) |
| 39.0% | SEI QiM U.S. Lrg Cap Value Actv ETF (SEIV) |
| 34.8% | LSV Disciplined Value ETF (LSVD) |
| 34.7% | iShares Core Dividend ETF (DIVB) |
| 34.4% | Avantis US Large Cap Value ETF (AVLV) |
Risk
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Risk
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ETF Details
ETC 6 Meridian Mega Cap Equity ETF Overview
ETC 6 Meridian Mega Cap Equity ETF (SIXA) is an actively managed U.S. Equity Large Value exchange-traded fund (ETF). Exchange Traded Concepts launched the ETF in 2020.
The investment seeks to provide capital appreciation.
Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in mega capitalization equity securities. The Sub-Adviser considers mega capitalization companies to be the largest 10% of stocks included in the Russell 3000 Index by market capitalization. The equity securities in which it invests are mainly common stocks.
About ETC 6 Meridian Mega Cap Equity ETF (SIXA)
There are 8 members of the management team with an average tenure of 4.57 years: Andrew Serowik (2020), Andrew Mies (2020), Ammie Weidner (2020), Gabriel Tan (2021), Todd Alberico (2021), Jason Mayers (2022), Brian Cooper (2023) and Alberto Jimenez (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: S&P 500 (TR) (1970) index with a weighting of 100%. ETC 6 Meridian Mega Cap Equity ETF has 49 securities in its portfolio. The top 10 holdings constitute 37.4% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
ETC 6 Meridian Mega Cap Equity ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. ETC 6 Meridian Mega Cap Equity ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 100.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). ETC 6 Meridian Mega Cap Equity ETF has 0.1% of the portfolio in cash.
Assets Under Management
The fund has $512 million in total assets, which is below the $5 billion average for the Large Value category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
SIXA Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The ETC 6 Meridian Mega Cap Equity ETF expense ratio is average compared to funds in the Large Value category. ETC 6 Meridian Mega Cap Equity ETF has an expense ratio of 0.46%, which is 23% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. ETC 6 Meridian Mega Cap Equity ETF has a portfolio turnover rate of 181%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 40% for the Large Value category.
Recently, in the month of July 2026, ETC 6 Meridian Mega Cap Equity ETF returned 0.6%, which earned it a grade of F, as the Large Value category had an average return of 2.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
ETC 6 Meridian Mega Cap Equity ETF has a trailing yield of 1.99%, which is above the 1.70% category average.
The fund normally distributes its income monthly.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
ETC 6 Meridian Mega Cap Equity ETF Grades
Year to date, the ETF has returned 13.9%, 0.5 percentage points worse than the category, which translates into a grade of C. The fund has returned 18.5% over the past year (grade of F), 18.9% over the past three years (grade of A) and 12.4% per year over the past five years (grade of B).
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SIXA Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| SIXA Return (NAV) | 0.6% | 3.3% | 18.5% | 18.9% | 12.4% | na |
| SIXA Return (Price) | 0.7% | 3.4% | 18.7% | 19.0% | 12.5% | na |
| NAV +/- Price Return | -0.123% | -0.127% | -0.152% | -0.096% | -0.045% | na |
| Large Value Avg | 2.4% | 5.9% | 24.1% | 16.3% | 11.3% | 12.1% |
| SIXA Grade (NAV) | F | F | F | A | B | na |
| +/- Category (NAV) | -1.8% | -2.6% | -5.5% | 2.7% | 1.1% | na |
| SIXA Tax-Cost Ratio | na | na | 0.9% | 0.8% | 0.9% | na |
SIXA Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| SIXA Return (NAV) | 13.9% | 15.6% | 22.5% | 11.9% | -5.6% | 24.1% | na | na | na | na | na |
| SIXA Return (Price) | 14.0% | 15.5% | 22.7% | 12.0% | -5.7% | 23.9% | na | na | na | na | na |
| NAV +/- Price Ret | 0.008% | -0.007% | 0.009% | 0.005% | 0.019% | -0.009% | na | na | na | na | na |
| Large Value Avg | 14.4% | 14.8% | 15.5% | 13.1% | -6.5% | 26.7% | 5.4% | 27.4% | -6.6% | 17.7% | 15.7% |
| SIXA Grade (NAV) | C | C | A | C | C | D | na | na | na | na | na |
| +/- Category | -0.5% | 0.8% | 7.0% | -1.1% | 0.9% | -2.6% | na | na | na | na | na |
| Risk Measures | |
| Beta: | 0.56 |
| R-Squared: | 54% |
| Standard Deviation: | 9.9% |
| Category Risk Index: | 0.81 |
| Category Risk Rating: | Low |
| Total Risk Index: | 0.80 |
| Total Risk Rating: | Below Average |
| Portfolio Characteristics | |
| Yield: | 2.0% |
| Total Assets: | $ 512 Mil |
| Share Class Assets: | $ 512 Mil |
| Turnover: | 181.0% |
| Expense Ratio: | 0.46% |
| Index Fund: | No |
| Index Tracked: | S&P 500 (TR) (1970) |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 8 | |||
| Longest Tenure: 6.2 years | |||
| Average Tenure: 4.6 years | |||
| Managers (Year): Serowik Andrew (2020), Mies Andrew (2020), Weidner Ammie (2020), Tan Gabriel (2021), Alberico Todd (2021), Mayers Jason (2022), Cooper Brian (2023), Jimenez Alberto (2026) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 49 |
| % in Top 10 Holdings: | 37.4% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 100.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.1% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Exchange Traded Concepts |
| Phone Number: | 866-749-6383 |
| Website: | www.exchangetradedconcepts.com |
| Inception Date: | May 11, 2020 |
Expenses and Fees
| Expense Ratio (%): | 0.46% (Rating: Avg) |
| Category Average Expense Ratio (%): | 0.37% |
