BTAL vs. SIXL ETF Comparison

Comparison of QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL) to 6 Meridian Low Beta Equity Strategy ETF (SIXL)

BTAL

QuantShares U.S. Market Neutral Anti Beta Fund ETF

BTAL Description

The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Anti-Beta Index. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stock, including the short positions, in the Target Anti-Beta Index. The Target Anti-Beta Index is a market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Grade (RS Rating)

Last Trade

$19.01

Average Daily Volume

445,126

Number of Holdings ^*

392

* may have additional holdings in another (foreign) market

SIXL

6 Meridian Low Beta Equity Strategy ETF

SIXL Description

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 equity securities. The equity securities in which it invests are mainly common stocks. The fund may invest in equity securities of companies of any capitalization. It also may invest in real estate investment trusts (REITs).

Grade (RS Rating)

Last Trade

$38.98

Average Daily Volume

3,012

Number of Holdings ^*

238

* may have additional holdings in another (foreign) market

Performance

Period	BTAL	SIXL
30 Days	-4.57%	4.28%
60 Days	-3.16%	4.41%
90 Days	-3.70%	5.62%
12 Months	-6.81%	23.37%

84 Overlapping Holdings

Symbol	Grade	Weight in BTAL	Weight in SIXL	Overlap
ABBV	D	0.36%	0.34%	0.34%
ACGL	D	0.38%	0.35%	0.35%
ADC	B	0.45%	0.41%	0.41%
AEE	A	0.49%	0.44%	0.44%
ALL	A	0.48%	0.43%	0.43%
ARMK	B	0.45%	0.41%	0.41%
BG	F	0.4%	0.37%	0.37%
BMRN	D	0.29%	0.29%	0.29%
BWXT	B	0.53%	0.53%	0.53%
CACI	D	0.42%	0.38%	0.38%
CB	C	0.45%	0.4%	0.4%
CBOE	B	0.43%	0.39%	0.39%
CCK	C	0.43%	0.39%	0.39%
CHD	B	0.47%	0.42%	0.42%
CHE	D	0.4%	0.39%	0.39%
CI	F	0.4%	0.36%	0.36%
CME	A	0.47%	0.41%	0.41%
CMS	C	0.44%	0.4%	0.4%
CNC	D	0.32%	0.33%	0.32%
CW	B	0.47%	0.48%	0.47%
DBX	B	0.47%	0.46%	0.46%
DGX	A	0.45%	0.42%	0.42%
DLB	B	0.43%	0.42%	0.42%
DUK	C	0.43%	0.39%	0.39%
ED	D	0.42%	0.37%	0.37%
ELS	C	0.43%	0.38%	0.38%
ELV	F	0.33%	0.3%	0.3%
ERIE	D	0.38%	0.33%	0.33%
FCN	D	0.38%	0.36%	0.36%
FLO	D	0.42%	0.37%	0.37%
GILD	C	0.49%	0.45%	0.45%
GIS	D	0.38%	0.33%	0.33%
GLPI	C	0.42%	0.38%	0.38%
HQY	B	0.58%	0.54%	0.54%
HRB	D	0.41%	0.38%	0.38%
JAZZ	B	0.44%	0.44%	0.44%
JNJ	D	0.42%	0.38%	0.38%
JNPR	F	0.39%	0.37%	0.37%
KBR	F	0.37%	0.37%	0.37%
KHC	F	0.38%	0.35%	0.35%
KO	D	0.37%	0.35%	0.35%
KR	B	0.47%	0.44%	0.44%
LMT	D	0.38%	0.37%	0.37%
MCK	B	0.51%	0.49%	0.49%
MKC	D	0.41%	0.36%	0.36%
MMC	B	0.42%	0.39%	0.39%
MOH	F	0.36%	0.36%	0.36%
MSA	D	0.4%	0.4%	0.4%
MUSA	A	0.43%	0.41%	0.41%
NEU	C	0.44%	0.4%	0.4%
NOC	D	0.4%	0.38%	0.38%
NWE	B	-0.45%	0.41%	-0.45%
OHI	C	0.43%	0.4%	0.4%
OLLI	D	0.41%	0.41%	0.41%
ORI	A	0.46%	0.43%	0.43%
ORLY	B	0.5%	0.43%	0.43%
PGR	A	0.45%	0.41%	0.41%
PNW	B	0.45%	0.42%	0.42%
RGA	A	0.48%	0.44%	0.44%
RLI	B	0.51%	0.46%	0.46%
RNR	C	0.46%	0.4%	0.4%
RSG	A	0.43%	0.41%	0.41%
RTX	C	0.43%	0.4%	0.4%
RYAN	B	0.47%	0.44%	0.44%
SFM	A	0.6%	0.57%	0.57%
SIGI	C	0.48%	0.44%	0.44%
T	A	0.5%	0.44%	0.44%
THG	A	0.51%	0.45%	0.45%
TMUS	B	0.49%	0.49%	0.49%
TRV	B	0.52%	0.45%	0.45%
TXRH	C	0.51%	0.48%	0.48%
UNH	C	0.43%	0.39%	0.39%
UNM	A	0.57%	0.54%	0.54%
UTHR	C	0.45%	0.41%	0.41%
VZ	C	0.44%	0.41%	0.41%
WEC	A	0.46%	0.42%	0.42%
WEN	D	0.46%	0.42%	0.42%
WM	A	0.45%	0.43%	0.43%
WPC	D	0.41%	0.37%	0.37%
WRB	A	0.45%	0.41%	0.41%
WTW	B	0.45%	0.43%	0.43%
X	C	0.43%	0.49%	0.43%
XEL	A	0.5%	0.44%	0.44%
XOM	B	0.44%	0.43%	0.43%

BTAL Overweight 308 Positions Relative to SIXL

Symbol	Grade	Weight
MSTR	C	1.19%
BILL	A	0.68%
IBKR	A	0.62%
LPLA	A	0.59%
PAYC	B	0.59%
ALSN	B	0.56%
KMI	A	0.56%
CFLT	B	0.56%
SNA	A	0.55%
NWL	B	0.54%
BKR	B	0.53%
PCTY	B	0.53%
MKL	A	0.53%
WH	B	0.53%
TGNA	B	0.53%
FFIV	B	0.52%
FTNT	C	0.52%
MSI	B	0.51%
PCAR	B	0.51%
LNG	B	0.51%
BMY	B	0.51%
WELL	A	0.5%
CHH	A	0.5%
PNM	F	0.5%
CSCO	B	0.49%
CINF	A	0.49%
G	B	0.49%
PKG	A	0.49%
VFC	C	0.48%
FOXA	B	0.48%
VTRS	A	0.48%
LULU	C	0.48%
AIZ	A	0.48%
AXS	A	0.48%
TDY	B	0.48%
BRO	B	0.47%
SBRA	C	0.47%
PAYX	C	0.47%
GLW	B	0.47%
AON	A	0.47%
HON	B	0.47%
HEI	B	0.47%
EDR	A	0.46%
DRI	B	0.46%
SLGN	A	0.46%
LNT	A	0.46%
CF	B	0.46%
ADP	B	0.46%
CSX	B	0.45%
CMG	B	0.45%
REG	B	0.45%
AVB	B	0.45%
IBM	C	0.45%
HIG	B	0.45%
COR	B	0.45%
HPQ	B	0.45%
L	A	0.45%
ROP	B	0.45%
CHRW	C	0.45%
ACN	C	0.44%
DECK	A	0.44%
EQR	B	0.44%
BWA	D	0.44%
CDP	C	0.44%
DOX	D	0.43%
VRSN	F	0.43%
CLH	B	0.43%
ZI	D	0.43%
CTSH	B	0.43%
YUM	B	0.43%
MSFT	F	0.43%
DD	D	0.43%
TJX	A	0.43%
MSM	C	0.43%
COLM	B	0.43%
AVT	C	0.42%
VICI	C	0.42%
CXT	B	0.42%
MCD	D	0.42%
EG	C	0.42%
J	F	0.41%
SNX	C	0.41%
GD	F	0.41%
PAG	B	0.41%
SAIC	F	0.4%
TXT	D	0.4%
ASGN	F	0.39%
WTM	A	0.39%
AMCR	D	0.39%
O	D	0.39%
FANG	D	0.39%
CPB	D	0.38%
ON	D	0.38%
OXY	D	0.38%
MOS	F	0.38%
FMC	D	0.37%
MAN	D	0.37%
ARW	D	0.37%
GPC	D	0.37%
TNET	D	0.37%
PFE	D	0.37%
DVN	F	0.37%
AMGN	D	0.37%
MUR	D	0.37%
ST	F	0.36%
AKAM	D	0.36%
NEM	D	0.35%
MTCH	D	0.35%
FOXF	F	0.35%
HUM	C	0.34%
AZO	C	0.33%
MDU	D	0.32%
SRPT	D	0.32%
AGL	F	0.16%
SMCI	F	-0.18%
SEDG	F	-0.19%
RUN	F	-0.21%
MRNA	F	-0.22%
CNXC	F	-0.23%
ENPH	F	-0.23%
MPWR	F	-0.24%
CE	F	-0.24%
WOLF	F	-0.25%
TXG	F	-0.26%
NTLA	F	-0.27%
RKT	F	-0.29%
CELH	F	-0.29%
RIVN	F	-0.3%
OPEN	D	-0.3%
EL	F	-0.31%
TER	D	-0.33%
BRZE	C	-0.33%
COTY	F	-0.33%
AMKR	D	-0.34%
ELF	C	-0.35%
EFX	F	-0.35%
SHLS	F	-0.35%
ARWR	F	-0.35%
AES	F	-0.35%
LRCX	F	-0.36%
TFX	F	-0.36%
DKS	C	-0.37%
WMS	D	-0.37%
RGEN	D	-0.37%
ALLY	C	-0.37%
NVCR	C	-0.38%
RIG	D	-0.38%
CNM	D	-0.38%
DINO	D	-0.39%
PLD	D	-0.39%
IDXX	F	-0.39%
KSS	F	-0.39%
ELAN	D	-0.39%
PINS	D	-0.4%
WBA	F	-0.4%
ARE	D	-0.4%
FND	C	-0.4%
MKSI	C	-0.4%
AMD	F	-0.4%
BLD	D	-0.4%
KMX	B	-0.4%
FBIN	D	-0.41%
ROIV	C	-0.41%
AGNC	D	-0.41%
W	F	-0.41%
POWI	D	-0.41%
CRL	C	-0.41%
DNLI	D	-0.42%
CHX	C	-0.42%
AWK	D	-0.42%
FCX	D	-0.42%
CZR	F	-0.42%
UBER	D	-0.42%
CWEN	C	-0.42%
CSGP	D	-0.42%
MU	D	-0.43%
ILMN	D	-0.43%
CC	C	-0.43%
CRSP	D	-0.43%
MGM	D	-0.43%
ALGN	D	-0.43%
PATH	C	-0.43%
SSD	D	-0.43%
SEE	C	-0.44%
THO	B	-0.44%
BLDR	D	-0.44%
F	C	-0.44%
TRU	D	-0.44%
EW	C	-0.44%
UGI	A	-0.44%
RYN	D	-0.44%
APG	B	-0.44%
BBWI	D	-0.44%
TGT	F	-0.44%
TREX	C	-0.45%
D	C	-0.45%
DAR	C	-0.45%
CARR	D	-0.45%
MTDR	B	-0.45%
RMD	C	-0.45%
AVGO	D	-0.45%
OC	A	-0.46%
SMG	D	-0.46%
VEEV	C	-0.46%
BXP	D	-0.46%
LAMR	D	-0.46%
ZS	C	-0.46%
KRC	C	-0.46%
JLL	D	-0.46%
ANET	C	-0.46%
PENN	C	-0.46%
TOL	B	-0.47%
ROKU	D	-0.47%
HHH	B	-0.47%
SHW	A	-0.47%
TROW	B	-0.48%
NVDA	C	-0.48%
LNC	B	-0.48%
AXTA	A	-0.49%
OZK	B	-0.49%
USFD	A	-0.49%
PFGC	B	-0.49%
ITT	A	-0.49%
NRG	B	-0.49%
WAL	B	-0.49%
GH	B	-0.49%
SNAP	C	-0.49%
USB	A	-0.49%
CFG	B	-0.49%
NVT	B	-0.49%
RF	A	-0.5%
TTD	B	-0.5%
NET	B	-0.5%
CAR	C	-0.51%
RMBS	C	-0.51%
PWR	A	-0.51%
GNRC	B	-0.51%
TT	A	-0.51%
CBRE	B	-0.51%
RBLX	C	-0.51%
RRC	B	-0.51%
LPX	B	-0.52%
CEG	D	-0.52%
COHR	B	-0.52%
PEN	B	-0.52%
ETN	A	-0.52%
IOT	A	-0.52%
URI	B	-0.52%
VNO	B	-0.52%
PYPL	B	-0.52%
ALB	C	-0.52%
DELL	C	-0.53%
ZION	B	-0.53%
MDB	C	-0.53%
AR	B	-0.53%
JHG	A	-0.53%
EXP	A	-0.53%
RH	B	-0.53%
FYBR	D	-0.53%
DKNG	B	-0.53%
INTC	D	-0.54%
SNV	B	-0.54%
BLK	C	-0.54%
FOUR	B	-0.54%
NTRS	A	-0.54%
XPO	B	-0.54%
CMA	A	-0.54%
CG	A	-0.55%
KKR	A	-0.55%
PNFP	B	-0.55%
WCC	B	-0.55%
AA	B	-0.56%
SCHW	B	-0.56%
DAY	B	-0.56%
Z	A	-0.56%
GME	C	-0.56%
EXPE	B	-0.56%
MRVL	B	-0.56%
TDOC	C	-0.56%
NTRA	B	-0.56%
BX	A	-0.57%
CRWD	B	-0.57%
GTLS	B	-0.58%
OWL	A	-0.58%
TPG	A	-0.58%
EQT	B	-0.59%
PODD	C	-0.59%
DASH	A	-0.59%
SAIA	B	-0.59%
SQ	B	-0.6%
LYV	A	-0.62%
LITE	B	-0.62%
DUOL	A	-0.63%
CCL	B	-0.63%
LYFT	C	-0.65%
VRT	B	-0.67%
CVNA	B	-0.68%
DAL	C	-0.68%
PTON	B	-0.69%
TSLA	B	-0.7%
TOST	B	-0.71%
COIN	C	-0.71%
HOOD	B	-0.72%
AXON	A	-0.74%
VST	B	-0.76%
SOFI	A	-0.79%
AFRM	B	-0.84%
PLTR	B	-0.87%

BTAL Underweight 154 Positions Relative to SIXL

Symbol	Grade	Weight
CXW	B	-0.65%
MASI	A	-0.58%
UFCS	B	-0.55%
EXEL	B	-0.55%
DTM	B	-0.54%
CALM	A	-0.54%
BRBR	A	-0.52%
LRN	A	-0.51%
ATGE	B	-0.5%
FHI	A	-0.5%
INCY	C	-0.5%
PRDO	B	-0.5%
MGEE	C	-0.49%
ETR	B	-0.49%
ATEN	B	-0.49%
MCY	A	-0.48%
AMSF	B	-0.48%
LQDT	B	-0.48%
RHI	B	-0.48%
MGY	A	-0.47%
LOPE	B	-0.47%
PRI	A	-0.47%
AGO	B	-0.47%
PPC	C	-0.46%
SNDR	B	-0.46%
PRGS	A	-0.46%
PLMR	B	-0.46%
AMBC	C	-0.46%
VIRT	B	-0.46%
SMPL	B	-0.46%
FDP	B	-0.46%
CVX	A	-0.46%
HMN	B	-0.46%
EIG	B	-0.45%
BGC	C	-0.45%
ATO	A	-0.45%
RAMP	C	-0.45%
BJ	A	-0.45%
SRE	A	-0.45%
EOG	A	-0.45%
RBA	A	-0.45%
SAM	C	-0.44%
CPK	A	-0.44%
ATR	B	-0.44%
PINC	B	-0.44%
PBH	A	-0.44%
MORN	B	-0.44%
WMT	A	-0.44%
AVAV	D	-0.44%
HCI	C	-0.44%
HSTM	B	-0.44%
MCRI	A	-0.44%
WWD	B	-0.43%
WDFC	B	-0.43%
EVRG	A	-0.43%
COP	C	-0.43%
LHX	C	-0.43%
CAH	B	-0.43%
MMSI	B	-0.43%
MSGS	A	-0.43%
CASY	A	-0.43%
TKO	B	-0.43%
EHC	B	-0.43%
AM	A	-0.43%
MANH	D	-0.43%
OGE	B	-0.43%
AFG	A	-0.42%
EPRT	B	-0.42%
SUPN	C	-0.42%
BOX	B	-0.42%
ITGR	B	-0.42%
DT	C	-0.42%
EZPW	A	-0.42%
PM	B	-0.42%
AWR	B	-0.42%
MO	A	-0.42%
FIZZ	C	-0.42%
NJR	A	-0.42%
SPNT	A	-0.42%
NFG	A	-0.42%
PECO	A	-0.42%
UVV	B	-0.42%
DVAX	C	-0.42%
PPL	B	-0.42%
NWN	A	-0.42%
ALE	A	-0.41%
SAFT	C	-0.41%
NPK	B	-0.41%
TR	B	-0.41%
ALKS	B	-0.41%
INGR	B	-0.41%
AFL	B	-0.41%
ABT	B	-0.41%
VRSK	A	-0.41%
LTC	B	-0.41%
STRA	C	-0.41%
NYT	C	-0.4%
INVA	D	-0.4%
SO	D	-0.4%
AJG	B	-0.4%
JJSF	B	-0.4%
WTRG	B	-0.4%
KNSL	B	-0.4%
UTL	B	-0.4%
AVA	A	-0.4%
K	A	-0.4%
GTY	B	-0.4%
PDCO	D	-0.4%
LANC	C	-0.4%
HOLX	D	-0.39%
ENSG	D	-0.39%
CHRD	D	-0.39%
BRC	D	-0.39%
PG	A	-0.39%
DTE	C	-0.39%
NBIX	C	-0.39%
FCPT	C	-0.39%
FE	C	-0.38%
AEP	D	-0.38%
AMH	D	-0.38%
NHC	C	-0.38%
EPC	D	-0.37%
AMED	F	-0.37%
KMB	D	-0.37%
RGR	F	-0.37%
DFIN	D	-0.37%
SJW	D	-0.37%
POST	C	-0.37%
ADUS	D	-0.37%
CWT	D	-0.37%
NNN	D	-0.36%
PEP	F	-0.36%
WU	D	-0.36%
HRL	D	-0.36%
COKE	C	-0.36%
ANIP	F	-0.36%
JBSS	D	-0.35%
VRRM	D	-0.35%
CL	D	-0.35%
AMT	D	-0.34%
KDP	D	-0.34%
MDLZ	F	-0.34%
HSY	F	-0.34%
NABL	F	-0.33%
MRK	F	-0.33%
SPTN	D	-0.33%
CVI	F	-0.33%
CLW	F	-0.32%
CAG	D	-0.32%
THS	D	-0.31%
COLL	F	-0.31%
LPG	F	-0.29%
KELYA	F	-0.28%
CPRI	F	-0.24%