ETF Evaluator:
ETC 6 Meridian Hdg Eq-Idx Opt Strat ETF ()
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(as of Aug 26)
Best Performing in Equity Hedged Over the Last Year
| 39.1% | Defiance Oil Enhanced Options Income ETF (USOY) |
| 28.0% | Alpha Architect Global Factor Equity ETF (AAVM) |
| 26.2% | Innovator U.S. Small Cp Mgd Flr ETF (RFLR) |
| 23.7% | Rareview Systematic Equity ETF (RSEE) |
| 20.9% | Hull Tactical US ETF (HTUS) |
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Risk
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ETF Details
ETC 6 Meridian Hdg Eq-Idx Opt Strat ETF Overview
ETC 6 Meridian Hdg Eq-Idx Opt Strat ETF (SIXH) is an actively managed Nontraditional Equity Equity Hedged 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 equity securities. The equity securities in which it invests are mainly common stocks. The fund may invest in equity securities of companies of any capitalization.
About ETC 6 Meridian Hdg Eq-Idx Opt Strat ETF (SIXH)
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 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and CBOE S&P 500 BuyWrite BXM TR USD index with a weighting of 100%. ETC 6 Meridian Hdg Eq-Idx Opt Strat ETF has 51 securities in its portfolio. The top 10 holdings constitute 37.6% 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 Hdg Eq-Idx Opt Strat ETF is part of the Equity global asset class and is within the Nontraditional Equity ETF group. ETC 6 Meridian Hdg Eq-Idx Opt Strat ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 98.7% 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 Hdg Eq-Idx Opt Strat ETF has 1.3% of the portfolio in cash.
Assets Under Management
The fund has $570 million in total assets, which is above the $294 million average for the Equity Hedged 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.
SIXH 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 Hdg Eq-Idx Opt Strat ETF expense ratio is above average compared to funds in the Equity Hedged category. ETC 6 Meridian Hdg Eq-Idx Opt Strat ETF has an expense ratio of 0.69%, which is 10% lower than its category average, making the fund expense ratio grade a C. 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 Hdg Eq-Idx Opt Strat ETF has a portfolio turnover rate of 214%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 97% for the Equity Hedged category.
Recently, in the month of July 2026, ETC 6 Meridian Hdg Eq-Idx Opt Strat ETF returned 1.6%, which earned it a grade of A, as the Equity Hedged category had an average return of -1.4%. 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 Hdg Eq-Idx Opt Strat ETF has a trailing yield of 1.83%, which is below the 3.45% 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 Hdg Eq-Idx Opt Strat ETF Grades
Year to date, the ETF has returned 11.6%, 4.5 percentage points better than the category, which translates into a grade of A. The fund has returned 15.4% over the past year (grade of B), 13.0% over the past three years (grade of C) and 9.6% per year over the past five years (grade of A).
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SIXH 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 |
|
| SIXH Return (NAV) | 1.6% | 3.2% | 15.4% | 13.0% | 9.6% | na |
| SIXH Return (Price) | 1.7% | 3.5% | 15.6% | 13.1% | 9.7% | na |
| NAV +/- Price Return | -0.131% | -0.325% | -0.242% | -0.132% | -0.035% | na |
| Equity Hedged Avg | -1.4% | 1.7% | 13.6% | 12.0% | 6.6% | 7.6% |
| SIXH Grade (NAV) | A | B | B | C | A | na |
| +/- Category (NAV) | 3.0% | 1.5% | 1.8% | 1.0% | 3.1% | na |
| SIXH Tax-Cost Ratio | na | na | 0.8% | 0.8% | 0.8% | na |
SIXH Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| SIXH Return (NAV) | 11.6% | 9.3% | 11.9% | 4.9% | 7.1% | 18.5% | na | na | na | na | na |
| SIXH Return (Price) | 11.8% | 9.5% | 12.1% | 4.9% | 6.9% | 18.4% | na | na | na | na | na |
| NAV +/- Price Ret | 0.016% | 0.014% | 0.012% | 0.017% | -0.031% | -0.007% | na | na | na | na | na |
| Equity Hedged Avg | 7.1% | 12.6% | 14.6% | 14.8% | -12.9% | 15.6% | 10.2% | 9.9% | -6.3% | 12.2% | 3.0% |
| SIXH Grade (NAV) | A | F | D | F | A | B | na | na | na | na | na |
| +/- Category | 4.5% | -3.2% | -2.7% | -9.9% | 20.0% | 2.9% | na | na | na | na | na |
| Risk Measures | |
| Beta: | 0.09 |
| R-Squared: | 3% |
| Standard Deviation: | 7.0% |
| Category Risk Index: | 0.67 |
| Category Risk Rating: | Low |
| Total Risk Index: | 0.57 |
| Total Risk Rating: | Below Average |
| Portfolio Characteristics | |
| Yield: | 1.8% |
| Total Assets: | $ 570 Mil |
| Share Class Assets: | $ 570 Mil |
| Turnover: | 214.0% |
| Expense Ratio: | 0.69% |
| 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: | 51 |
| % in Top 10 Holdings: | 37.6% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 98.7% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.3% |
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 (%): | 0.69% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.76% |
