ETF profile for Etc 6 Meridian Low Beta Equity Strategy ETF (SIXL) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
SIXL ETF Profile
| Family: |
Exchange Traded Concepts |
| Name: |
ETC 6 Meridian Low Beta Equity Strategy ETF |
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| Inception Date: |
11-May-2020 |
| Termination Date: |
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| Investment Objective: |
A quantitively-driven strategy emphasizing low beta stocks. Stocks are first screened to remove those that score poorly on financial and growth measures. Those stocks that remain are then ranked according to their beta. In 1972, Fischer Black published an academic paper describing how the security market line (the line equating stock performance to systematic risk) was too flat relative to what existing theory (Capital Asset Pricing Model, or CAPM) had proposed. Stocks with low betas performed better than what was predicted by the CAPM and stocks with high betas did not perform well enough to justify their additional risks. |
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| Prospectus |
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| Top 10 Holdings |
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| PACIRA BIOSCIENCES INC |
PCRX |
0.5600% |
| OPTION CARE HEALTH INC |
OPCH |
0.5400% |
| QUALYS INC |
QLYS |
0.5400% |
| RANGE RESOURCES CORP |
RRC |
0.5300% |
| CASH & OTHER |
Cash-USD |
0.5200% |
| CVR ENERGY INC |
CVI |
0.5200% |
| BOX INC - CLASS A |
BOX |
0.5100% |
| UNITED THERAPEUTICS CORPORATION |
UTHR |
0.5000% |
| SCIENCE APPLICATIONS INTERNATIONAL CORP |
SAIC |
0.4900% |
| FTI CONSULTING INC |
FCN |
0.4900% |
|
Top 10 Holdings Weight: |
5.2% |
| Number of Holdings: |
242 |
| Shares Outstanding: |
5,150,000 |
| Total Net Assets: |
208,026,016 |
| NAV: |
40.43 |
| Net Expense Ratio: |
0.46% |
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| Asset Class: |
Equities (Stocks) |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
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| Strategy: |
Multi-Beta & Multi-Strategy Model |
| Currency: |
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| Commodity: |
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| Sector: |
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| Industry: |
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| Dividend Type: |
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| Tax Exempt State: |
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| Maturity Duration: |
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| Market Cap: |
Broad Market / Multi-Cap |
| Credit Quality: |
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| Mortgage Bond Types: |
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| Bond Type: |
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| Gov't Bond Types: |
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| Reit Type: |
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| Leverage Direction/Factor: |
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| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |
