6 Meridian Small Etf Profile
| SIXS Etf | USD 52.59 0.58 1.12% |
Performance7 of 100
| Odds Of DistressLess than 9
|
6 Meridian is selling for under 52.59 as of the 25th of November 2024; that is 1.12 percent increase since the beginning of the trading day. The etf's lowest day price was 52.34. 6 Meridian has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for 6 Meridian Small are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of its net assets in small-capitalization equity securities. 6 Meridian is traded on NYSEARCA Exchange in the United States. More on 6 Meridian Small
Moving together with SIXS Etf
| 0.9 | VB | Vanguard Small Cap | PairCorr |
| 0.96 | IJR | iShares Core SP | PairCorr |
| 0.94 | IWM | iShares Russell 2000 Aggressive Push | PairCorr |
| 0.94 | VRTIX | Vanguard Russell 2000 | PairCorr |
| 0.94 | VTWO | Vanguard Russell 2000 | PairCorr |
| 0.93 | FNDA | Schwab Fundamental Small | PairCorr |
Moving against SIXS Etf
SIXS Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Small Cap ETFs, Size And Style ETFs, Small Blend, Exchange Traded Concepts (View all Sectors) |
| Issuer | Exchange Traded Concepts |
| Inception Date | 2020-05-11 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 93.68 Million |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Small Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | SEI Investments Global Funds Services |
| Advisor | Exchange Traded Concepts, LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | SEI Investments Distribution Co. |
| Portfolio Manager | Gabriel Tan, Todd Alberico, Andrew Serowik, Jason Mayers, Ammie Weidner,Andrew Mies |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 30-Nov |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 84.0 |
| Market Maker | GTS |
| Total Expense | 0.89 |
| Management Fee | 0.61 |
| Country Name | USA |
| Returns Y T D | 11.31 |
| Name | 6 Meridian Small Cap Equity ETF |
| Currency Code | USD |
| Open Figi | BBG00TQW5K70 |
| In Threey Volatility | 19.13 |
| 1y Volatility | 17.28 |
| 200 Day M A | 47.224 |
| 50 Day M A | 49.2193 |
| Code | SIXS |
| Updated At | 25th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.09) |
| Type | ETF |
6 Meridian Small [SIXS] is traded in USA and was established 2020-05-11. The fund is listed under Small Blend category and is part of Exchange Traded Concepts family. The entity is thematically classified as Small Cap ETFs. 6 Meridian Small at this time have 54.5 M in assets. , while the total return for the last 3 years was 1.3%.
Check 6 Meridian Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on SIXS Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SIXS Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as 6 Meridian Small Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top 6 Meridian Small Etf Constituents
| CADE | Cadence Bancorp | Stock | Financials | |
| SEM | Select Medical Holdings | Stock | Health Care | |
| FNF | Fidelity National Financial | Stock | Financials | |
| UIS | Unisys | Stock | Information Technology | |
| CUBI | Customers Bancorp | Stock | Financials | |
| VIVO | Meridian Bioscience | Stock | Health Care | |
| PKE | Park Electrochemical | Stock | Industrials | |
| WD | Walker Dunlop | Stock | Financials |
6 Meridian Small Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in 6 Meridian. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0924 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0044 |
6 Meridian Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 6 Meridian Small. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of 6 Meridian Small is measured differently than its book value, which is the value of SIXS that is recorded on the company's balance sheet. Investors also form their own opinion of 6 Meridian's value that differs from its market value or its book value, called intrinsic value, which is 6 Meridian's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 6 Meridian's market value can be influenced by many factors that don't directly affect 6 Meridian's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 6 Meridian's value and its price as these two are different measures arrived at by different means. Investors typically determine if 6 Meridian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 6 Meridian's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.