ETF Evaluator:
ETC 6 Meridian Low Beta Eq Strat ETF ()
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(as of Aug 26)
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) |
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Risk
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ETF 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% |