KIE vs. SIXS ETF Comparison

Comparison of SPDR S&P Insurance ETF (KIE) to 6 Meridian Small Cap Equity ETF (SIXS)

KIE

SPDR S&P Insurance ETF

KIE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded companies in the insurance industry. In seeking to track the performance of the S&P Insurance Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the insurance industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$55.82

Average Daily Volume

1,052,000

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SIXS

6 Meridian Small Cap Equity ETF

SIXS 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 small-capitalization equity securities. The Sub-Adviser considers small-capitalization companies to be the smallest 75% of stocks included in the Russell 3000 Index by market capitalization. Although it invests primarily in small-capitalization securities, the fund may invest in equity securities of companies of any capitalization. The equity securities in which it invests are mainly common stocks.

Grade (RS Rating)

Last Trade

$47.64

Average Daily Volume

2,127

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KIE	SIXS
30 Days	-1.67%	-1.27%
60 Days	-0.87%	-3.48%
90 Days	5.49%	-1.23%
12 Months	31.41%	12.98%

1 Overlapping Holdings

	Symbol	Grade	Weight in KIE	Weight in SIXS	Overlap
	AGO	B	2.03%	2.43%	2.03%

KIE Overweight 49 Positions Relative to SIXS

Symbol	Grade	Weight
GSHD	A	2.32%
UNM	A	2.2%
BHF	B	2.19%
LNC	A	2.13%
MET	C	2.12%
PFG	C	2.11%
PRI	B	2.1%
RYAN	C	2.08%
TRV	B	2.07%
PRU	B	2.07%
WTM	B	2.05%
AIG	B	2.04%
KMPR	B	2.04%
GL	C	2.02%
CNO	A	2.02%
RNR	C	2.02%
RLI	B	2.01%
HIG	D	2.0%
AXS	C	2.0%
AFL	D	1.98%
THG	B	1.98%
GNW	D	1.98%
L	C	1.98%
SIGI	C	1.97%
BRO	B	1.96%
AON	A	1.96%
WRB	C	1.95%
CB	C	1.95%
CINF	B	1.95%
ALL	C	1.95%
EG	F	1.94%
AIZ	D	1.94%
MKL	D	1.94%
ESGR	C	1.93%
FNF	C	1.92%
ORI	D	1.91%
WTW	A	1.91%
RGA	C	1.9%
KNSL	F	1.89%
AFG	D	1.89%
MMC	D	1.86%
FAF	D	1.85%
PGR	D	1.85%
AJG	D	1.85%
ACGL	F	1.83%
ERIE	D	1.68%
PLMR	D	1.63%
OSCR	C	1.52%
STC	D	1.39%

KIE Underweight 80 Positions Relative to SIXS

Symbol	Grade	Weight
CALM	B	-2.95%
HCI	B	-2.73%
INVA	C	-2.29%
PRDO	B	-2.2%
COLL	F	-2.05%
CEIX	A	-1.28%
AMSF	A	-1.28%
LRN	A	-1.27%
PRGS	B	-1.26%
WKC	D	-1.25%
HCC	A	-1.25%
HP	C	-1.24%
ENVA	A	-1.22%
AMBC	D	-1.2%
MCY	B	-1.2%
PFBC	B	-1.19%
REX	F	-1.19%
MSGS	A	-1.19%
ATEN	A	-1.19%
CVI	F	-1.18%
MGEE	C	-1.18%
VRTS	B	-1.18%
HSII	A	-1.18%
HMN	A	-1.18%
AWR	C	-1.15%
MHO	D	-1.15%
GTY	C	-1.15%
PUMP	F	-1.15%
SM	F	-1.15%
RES	F	-1.14%
FIZZ	B	-1.14%
BRC	D	-1.14%
BKE	C	-1.14%
ATGE	A	-1.13%
EIG	C	-1.13%
AX	B	-1.13%
PLAB	F	-1.13%
AMR	F	-1.12%
WRLD	D	-1.12%
GIII	C	-1.12%
NABL	F	-1.11%
SMPL	C	-1.11%
JJSF	C	-1.11%
PMT	D	-1.11%
DVAX	A	-1.11%
NPK	F	-1.11%
JBSS	F	-1.1%
ENSG	A	-1.1%
VIRT	A	-1.1%
BOX	D	-1.1%
RGR	F	-1.1%
MMSI	B	-1.1%
PBH	A	-1.09%
PINC	A	-1.09%
FDP	A	-1.09%
RDN	F	-1.09%
ZEUS	F	-1.09%
LTC	A	-1.09%
DNOW	F	-1.09%
EZPW	B	-1.08%
TR	F	-1.08%
SPTN	D	-1.08%
HSTM	A	-1.08%
SAFT	D	-1.07%
MOV	F	-1.07%
DXC	D	-1.06%
SCSC	F	-1.06%
ANDE	F	-1.06%
GDEN	F	-1.05%
SPNT	D	-1.05%
RAMP	D	-1.04%
CUBI	D	-1.04%
LBRT	F	-1.03%
MTUS	F	-1.03%
CLW	F	-1.02%
WNC	F	-1.0%
THS	F	-1.0%
BFH	C	-0.99%
LPG	F	-0.95%
OGN	D	-0.9%