SIXL

ETC 6 Meridian Low Beta Equity ETF

$36.75
+0.00%
Market closed. Last update: 10:55 PM ET

📎 Investment Objective

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

Overview

ETF tracking ETC 6 Meridian Low Beta Equity ETF

Category Other
Issuer Other
Inception Date 2020-05-11
Market Cap $192.0M
Average Volume N/A
Dividend Yield 1.73%
52-Week Range $34.54 - $39.34
VWAP $36.67

Performance

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Price Chart

Investment Summary

📎 Investment Objective

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

🎯 Investment Strategy

The ETF invests in a portfolio of equity securities that are designed to provide exposure to companies with lower beta (market sensitivity) than the overall equity market. The fund's holdings are selected and weighted to achieve a lower overall portfolio beta compared to the broader market.

✨ Key Features

  • Focuses on equities with lower market sensitivity (beta) than the overall market
  • Seeks to provide exposure to a diversified portfolio of lower-risk stocks
  • Passively managed to track the 6 Meridian Low Beta Equity Index
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk: The value of the fund's holdings may decline due to general market conditions
  • Equity risk: The fund is subject to the risks associated with equity investments
  • Tracking error risk: The fund may not perfectly track its underlying index
  • Limited performance history: The fund has a limited track record, making it difficult to evaluate its long-term performance

👤 Best For

The ETC 6 Meridian Low Beta Equity ETF may be suitable for investors seeking exposure to a diversified portfolio of lower-risk equities as part of a broader investment strategy. This fund may be appropriate for investors with a moderate risk tolerance who are looking to potentially reduce overall portfolio volatility.