AAII ETF Evaluator

ETF Evaluator: ETC 6 Meridian Low Beta Eq Strat ETF () Follow This ETF

Equity
Global Asset Class
U.S. Equity
Fund Group
Mid-Cap Blend
Category
$40.260
Last Trade
(as of Aug 26)
$ 198 Mil
Share Class Assets
2.18%
TTM Yield
$40.920 - $35.690
52-Wk High-Low Range
0.46% C
Expense Ratio
61%
Portfolio Turnover
1 (k)
Avg. Daily Trading Vol.

Best Performing in Mid-Cap Blend Over the Last Year

58.8% Castellan Targeted Equity ETF (CTEF)
53.8% Invesco S&P Spin-Off ETF (CSD)
43.0% Counterpoint Quantitative Equity ETF (CPAI)
40.8% Optimize Strategy Index ETF (OPTZ)
37.3% Tema U.S. Manufacturing & Reshoring ETF (WELD)
Data as of 7/31/2026
2.7% A (NAV)
2.5% A (Price)
1-Mo Return
4.0% C (NAV)
3.9% C (Price)
3-Mo Return
10.3% D (NAV)
11.8% D (Price)
YTD Return
13.9% F (NAV)
13.8% F (Price)
1-Yr Return
9.1% F (NAV)
9.0% F (Price)
3-Yr Return
4.8% F (NAV)
4.8% F (Price)
5-Yr Return
0.68 A
Category
Risk
Index
0.87
Total
Risk
Index

ETF Details

Fund Family
Exchange Traded Concepts

Inception Date
5/11/2020

Website

Phone
866-749-6383

Primary Benchmark
S&P US TMI TR USD: 100%

Secondary Benchmark
S&P 500 (TR) (1970): 33%

Additional Fund Details

ETC 6 Meridian Low Beta Eq Strat ETF Overview

ETC 6 Meridian Low Beta Eq Strat ETF (SIXL) is an actively managed U.S. Equity Mid-Cap Blend 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. It also may invest in real estate investment trusts ("REITs").

About ETC 6 Meridian Low Beta Eq Strat ETF (SIXL)

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 4 primary benchmarks: S&P US TMI TR USD index with a weighting of 100%, S&P 500 (TR) (1970) index with a weighting of 33%, S&P MidCap 400 TR index with a weighting of 33% and S&P SmallCap 600 TR USD index with a weighting of 33%. ETC 6 Meridian Low Beta Eq Strat ETF has 242 securities in its portfolio. The top 10 holdings constitute 6.4% 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 Low Beta Eq Strat ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. ETC 6 Meridian Low Beta Eq Strat ETF has 0.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 99.0% There is 0.8% 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 Low Beta Eq Strat ETF has 0.2% of the portfolio in cash.

Assets Under Management

The fund has $198 million in total assets, which is below the $4 billion average for the Mid-Cap Blend 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.

SIXL 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 Low Beta Eq Strat ETF expense ratio is average compared to funds in the Mid-Cap Blend category. ETC 6 Meridian Low Beta Eq Strat ETF has an expense ratio of 0.46%, which is 2% higher 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 Low Beta Eq Strat ETF has a portfolio turnover rate of 61%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 84% for the Mid-Cap Blend category.

Recently, in the month of July 2026, ETC 6 Meridian Low Beta Eq Strat ETF returned 2.7%, which earned it a grade of A, as the Mid-Cap Blend category had an average return of -1.6%. 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 Low Beta Eq Strat ETF has a trailing yield of 2.18%, which is above the 0.85% 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 Low Beta Eq Strat ETF Grades

Year to date, the ETF has returned 10.3%, 3.7 percentage points worse than the category, which translates into a grade of D. The fund has returned 13.9% over the past year (grade of F), 9.1% over the past three years (grade of F) and 4.8% per year over the past five years (grade of F).

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SIXL 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
SIXL Return (NAV) 2.7% 4.0% 13.9% 9.1% 4.8% na
SIXL Return (Price) 2.5% 3.9% 13.8% 9.0% 4.8% na
NAV +/- Price Return 0.195% 0.158% 0.111% 0.052% 0.036% na
Mid-Cap Blend Avg -1.6% 4.4% 20.8% 14.8% 8.8% 11.6%
SIXL Grade (NAV) A C F F F na
+/- Category (NAV) 4.3% -0.3% -6.9% -5.7% -4.0% na
SIXL Tax-Cost Ratio na na 0.9% 0.8% 0.7% na

SIXL Annual NAV Total ReturnsData as of 7/31/26

2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
SIXL Return (NAV) 10.3% 1.2% 13.7% 2.4% -7.4% 20.0% na na na na na
SIXL Return (Price) 11.8% -0.6% 14.1% 2.4% -7.5% 20.0% na na na na na
NAV +/- Price Ret 0.138% -1.508% 0.031% -0.001% 0.009% 0.001% na na na na na
Mid-Cap Blend Avg 14.0% 10.6% 16.1% 16.9% -14.4% 23.3% 15.6% 27.4% -9.1% 19.1% 14.8%
SIXL Grade (NAV) D F D F A D na na na na na
+/- Category -3.7% -9.4% -2.4% -14.6% 7.0% -3.3% na na na na na
Risk Measures
Beta: 0.39
R-Squared: 22%
Standard Deviation: 10.7%
Category Risk Index: 0.68
Category Risk Rating: Low
Total Risk Index: 0.87
Total Risk Rating: Below Average
Portfolio Characteristics
Yield: 2.2%
Total Assets: $ 198 Mil
Share Class Assets: $ 198 Mil
Turnover: 61.0%
Expense Ratio: 0.46%
Index Fund: No
Index Tracked: S&P US TMI TR USD
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: 242
% in Top 10 Holdings: 6.4%
Fund is Non-Diversified: No
% in Foreign Issues: 0.8%
 

Portfolio Allocation

Domestic Stock: 99.0%
Foreign Stock: 0.8%
Preferred Stock: 0.0%
Domestic Bond: 0.0%
Foreign Bond: 0.0%
Convertible Bond: 0.0%
Other: 0.0%
Cash: 0.2%

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 (%): 0.45%
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