AAII ETF Evaluator

ETF Evaluator: ETC 6 Meridian Small Cap Equity ETF () Follow This ETF

Equity
Global Asset Class
U.S. Equity
Fund Group
Small Value
Category
$59.030
Last Trade
(as of Aug 26)
$ 141 Mil
Share Class Assets
1.80%
TTM Yield
$60.430 - $47.900
52-Wk High-Low Range
0.50% D
Expense Ratio
82%
Portfolio Turnover
5 (k)
Avg. Daily Trading Vol.
Data as of 7/31/2026
2.0% B (NAV)
2.6% B (Price)
1-Mo Return
8.4% A (NAV)
9.0% A (Price)
3-Mo Return
18.2% D (NAV)
18.9% D (Price)
YTD Return
27.7% D (NAV)
28.7% D (Price)
1-Yr Return
11.7% D (NAV)
12.0% D (Price)
3-Yr Return
6.2% F (NAV)
6.3% F (Price)
5-Yr Return
0.83 A
Category
Risk
Index
1.24
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 SmallCap 600 TR USD: 100%

Additional Fund Details

ETC 6 Meridian Small Cap Equity ETF Overview

ETC 6 Meridian Small Cap Equity ETF (SIXS) is an actively managed U.S. Equity Small 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 small-capitalization equity securities. The Sub-Adviser considers small-capitalization companies to be those with market capitalizations within the range of the market capitalization of companies included in the S&P SmallCap 600® Index. Although it invests primarily in small-capitalization securities, the fund may invest in equity securities of companies of any capitalization. The equity securities in which it invests are mainly common stocks.

About ETC 6 Meridian Small Cap Equity ETF (SIXS)

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 US TMI TR USD index with a weighting of 100% and S&P SmallCap 600 TR USD index with a weighting of 100%. ETC 6 Meridian Small Cap Equity ETF has 84 securities in its portfolio. The top 10 holdings constitute 19.6% 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 Small Cap Equity ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. ETC 6 Meridian Small Cap Equity ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 98.5% 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 Small Cap Equity ETF has 1.5% of the portfolio in cash.

Assets Under Management

The fund has $140 million in total assets, which is below the $2 billion average for the Small 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.

SIXS 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 Small Cap Equity ETF expense ratio is average compared to funds in the Small Value category. ETC 6 Meridian Small Cap Equity ETF has an expense ratio of 0.50%, which is 4% 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 Small Cap Equity ETF has a portfolio turnover rate of 82%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 60% for the Small Value category.

Recently, in the month of July 2026, ETC 6 Meridian Small Cap Equity ETF returned 2.0%, which earned it a grade of B, as the Small Value category had an average return of 1.2%. 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 Small Cap Equity ETF has a trailing yield of 1.80%, which is above the 1.71% 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 Small Cap Equity ETF Grades

Year to date, the ETF has returned 18.2%, 1.5 percentage points worse than the category, which translates into a grade of D. The fund has returned 27.7% over the past year (grade of D), 11.7% over the past three years (grade of D) and 6.2% per year over the past five years (grade of F).

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SIXS 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
SIXS Return (NAV) 2.0% 8.4% 27.7% 11.7% 6.2% na
SIXS Return (Price) 2.6% 9.0% 28.7% 12.0% 6.3% na
NAV +/- Price Return -0.634% -0.662% -0.972% -0.254% -0.140% na
Small Value Avg 1.2% 6.4% 31.1% 13.1% 8.6% 10.2%
SIXS Grade (NAV) B A D D F na
+/- Category (NAV) 0.8% 2.0% -3.4% -1.4% -2.4% na
SIXS Tax-Cost Ratio na na 0.8% 0.7% 0.6% na

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

2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
SIXS Return (NAV) 18.2% 4.6% 5.8% 15.0% -18.5% 40.2% na na na na na
SIXS Return (Price) 18.9% 4.6% 5.9% 14.9% -18.5% 40.7% na na na na na
NAV +/- Price Ret 0.040% 0.004% 0.001% -0.003% 0.000% 0.014% na na na na na
Small Value Avg 19.7% 7.0% 7.8% 17.1% -10.9% 33.0% 4.1% 21.2% -12.2% 9.8% 29.4%
SIXS Grade (NAV) D D D D F A na na na na na
+/- Category -1.5% -2.4% -2.0% -2.1% -7.7% 7.1% na na na na na
Risk Measures
Beta: 0.55
R-Squared: 22%
Standard Deviation: 15.3%
Category Risk Index: 0.83
Category Risk Rating: Low
Total Risk Index: 1.24
Total Risk Rating: Average
Portfolio Characteristics
Yield: 1.8%
Total Assets: $ 141 Mil
Share Class Assets: $ 141 Mil
Turnover: 82.0%
Expense Ratio: 0.50%
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: 84
% in Top 10 Holdings: 19.6%
Fund is Non-Diversified: No
% in Foreign Issues: 0.0%
 

Portfolio Allocation

Domestic Stock: 98.5%
Foreign Stock: 0.0%
Preferred Stock: 0.0%
Domestic Bond: 0.0%
Foreign Bond: 0.0%
Convertible Bond: 0.0%
Other: 0.0%
Cash: 1.5%

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 (%): 0.50% (Rating: Avg)
Category Average Expense Ratio (%): 0.48%
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