SIXL vs. BTAL ETF Comparison

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

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

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

Performance

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

84 Overlapping Holdings

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

SIXL Overweight 154 Positions Relative to BTAL

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%

SIXL Underweight 308 Positions Relative to BTAL

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%