SIXH

ETC 6 Meridian Hedged Equity Index Option ETF

$38.52
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The ETC 6 Meridian Hedged Equity Index Option ETF (SIXH) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the ETC 6 Meridian Hedged Equity Index.

Overview

ETF tracking ETC 6 Meridian Hedged Equity Index Option ETF

Category Alternative
Issuer Other
Inception Date 2020-05-11
Market Cap $491.2M
Average Volume N/A
Dividend Yield 1.93%
52-Week Range $35.81 - $39.49
VWAP $38.47

Performance

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Investment Summary

📎 Investment Objective

The ETC 6 Meridian Hedged Equity Index Option ETF (SIXH) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the ETC 6 Meridian Hedged Equity Index.

🎯 Investment Strategy

The ETF invests primarily in a portfolio of equity index options and other derivative instruments designed to provide exposure to the ETC 6 Meridian Hedged Equity Index. The index aims to provide downside protection while participating in the upside of the equity market.

✨ Key Features

  • Seeks to provide exposure to the ETC 6 Meridian Hedged Equity Index, which utilizes a hedging strategy to limit downside risk
  • Invests primarily in equity index options and other derivatives to gain the desired market exposure
  • Designed to provide downside protection while participating in equity market upside
  • Relatively low expense ratio of 0.00%

⚠️ Primary Risks

  • Derivative risk: The use of options and other derivatives can introduce additional risks such as counterparty risk and liquidity risk
  • Tracking error risk: The fund may not perfectly track the performance of the underlying index due to various factors
  • Market risk: As an equity-focused fund, the ETF is subject to the overall volatility and performance of the stock market
  • Lack of performance history: With no reported returns, investors have limited data to evaluate the fund's long-term performance

👤 Best For

This ETF may be suitable for investors seeking exposure to the equity market with a focus on downside protection. It may be particularly appealing to more risk-averse investors or those looking to hedge their equity portfolio. However, the lack of performance history and the complexity of the underlying strategy make it important for investors to thoroughly understand the fund's risks and objectives before investing.