SIXL vs. IFRA ETF Comparison

Comparison of 6 Meridian Low Beta Equity Strategy ETF (SIXL) to iShares U.S. Infrastructure ETF (IFRA)

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

IFRA

iShares U.S. Infrastructure ETF

IFRA Description

The investment seeks to track the investment results of the NYSE® FactSet U.S. Infrastructure Index (the "underlying index"), an index composed of equities of U.S. companies that have infrastructure exposure and that could benefit from a potential increase in domestic infrastructure activities. The fund generally will invest at least 90% of its assets in the component securities of the underlying index. The index is designed to measure the performance of equity securities of U.S. companies involved in U.S. focused infrastructure activities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$51.22

Average Daily Volume

310,420

Number of Holdings ^*

150

* may have additional holdings in another (foreign) market

Performance

Period	SIXL	IFRA
30 Days	4.28%	8.33%
60 Days	4.41%	9.82%
90 Days	5.62%	13.63%
12 Months	23.37%	39.72%

31 Overlapping Holdings

Symbol	Grade	Weight in SIXL	Weight in IFRA	Overlap
AEE	A	0.44%	0.71%	0.44%
AEP	D	0.38%	0.6%	0.38%
ALE	A	0.41%	0.67%	0.41%
AM	A	0.43%	0.69%	0.43%
ATO	A	0.45%	0.72%	0.45%
AVA	A	0.4%	0.63%	0.4%
AWR	B	0.42%	0.68%	0.42%
CMS	C	0.4%	0.65%	0.4%
CPK	A	0.44%	0.7%	0.44%
CWT	D	0.37%	0.61%	0.37%
DTE	C	0.39%	0.64%	0.39%
DTM	B	0.54%	0.87%	0.54%
DUK	C	0.39%	0.62%	0.39%
ED	D	0.37%	0.6%	0.37%
ETR	B	0.49%	0.79%	0.49%
EVRG	A	0.43%	0.69%	0.43%
FE	C	0.38%	0.61%	0.38%
MGEE	C	0.49%	0.8%	0.49%
NWE	B	0.41%	0.66%	0.41%
NWN	A	0.42%	0.68%	0.42%
OGE	B	0.43%	0.69%	0.43%
PNW	B	0.42%	0.68%	0.42%
PPL	B	0.42%	0.68%	0.42%
SJW	D	0.37%	0.6%	0.37%
SO	D	0.4%	0.64%	0.4%
SRE	A	0.45%	0.72%	0.45%
UTL	B	0.4%	0.66%	0.4%
WEC	A	0.42%	0.67%	0.42%
WTRG	B	0.4%	0.65%	0.4%
X	C	0.49%	0.58%	0.49%
XEL	A	0.44%	0.72%	0.44%

SIXL Overweight 207 Positions Relative to IFRA

Symbol	Grade	Weight
CXW	B	0.65%
MASI	A	0.58%
SFM	A	0.57%
UFCS	B	0.55%
EXEL	B	0.55%
UNM	A	0.54%
HQY	B	0.54%
CALM	A	0.54%
BWXT	B	0.53%
BRBR	A	0.52%
LRN	A	0.51%
ATGE	B	0.5%
FHI	A	0.5%
INCY	C	0.5%
PRDO	B	0.5%
MCK	B	0.49%
TMUS	B	0.49%
ATEN	B	0.49%
MCY	A	0.48%
AMSF	B	0.48%
CW	B	0.48%
LQDT	B	0.48%
RHI	B	0.48%
TXRH	C	0.48%
MGY	A	0.47%
LOPE	B	0.47%
PRI	A	0.47%
AGO	B	0.47%
PPC	C	0.46%
DBX	B	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%
RLI	B	0.46%
FDP	B	0.46%
CVX	A	0.46%
HMN	B	0.46%
EIG	B	0.45%
TRV	B	0.45%
BGC	C	0.45%
GILD	C	0.45%
RAMP	C	0.45%
THG	A	0.45%
BJ	A	0.45%
EOG	A	0.45%
RBA	A	0.45%
RGA	A	0.44%
SAM	C	0.44%
ATR	B	0.44%
PINC	B	0.44%
PBH	A	0.44%
T	A	0.44%
MORN	B	0.44%
WMT	A	0.44%
JAZZ	B	0.44%
AVAV	D	0.44%
SIGI	C	0.44%
HCI	C	0.44%
HSTM	B	0.44%
MCRI	A	0.44%
RYAN	B	0.44%
KR	B	0.44%
WWD	B	0.43%
WDFC	B	0.43%
WM	A	0.43%
XOM	B	0.43%
COP	C	0.43%
LHX	C	0.43%
CAH	B	0.43%
WTW	B	0.43%
MMSI	B	0.43%
ORI	A	0.43%
ALL	A	0.43%
MSGS	A	0.43%
CASY	A	0.43%
TKO	B	0.43%
EHC	B	0.43%
MANH	D	0.43%
ORLY	B	0.43%
AFG	A	0.42%
EPRT	B	0.42%
SUPN	C	0.42%
DLB	B	0.42%
BOX	B	0.42%
ITGR	B	0.42%
DT	C	0.42%
EZPW	A	0.42%
PM	B	0.42%
CHD	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%
DGX	A	0.42%
DVAX	C	0.42%
WEN	D	0.42%
SAFT	C	0.41%
ARMK	B	0.41%
ADC	B	0.41%
NPK	B	0.41%
TR	B	0.41%
MUSA	A	0.41%
ALKS	B	0.41%
INGR	B	0.41%
VZ	C	0.41%
AFL	B	0.41%
RSG	A	0.41%
ABT	B	0.41%
VRSK	A	0.41%
PGR	A	0.41%
CME	A	0.41%
OLLI	D	0.41%
WRB	A	0.41%
UTHR	C	0.41%
LTC	B	0.41%
STRA	C	0.41%
NYT	C	0.4%
INVA	D	0.4%
AJG	B	0.4%
OHI	C	0.4%
JJSF	B	0.4%
KNSL	B	0.4%
CB	C	0.4%
NEU	C	0.4%
K	A	0.4%
GTY	B	0.4%
RTX	C	0.4%
MSA	D	0.4%
PDCO	D	0.4%
RNR	C	0.4%
LANC	C	0.4%
HOLX	D	0.39%
ENSG	D	0.39%
CHE	D	0.39%
CHRD	D	0.39%
BRC	D	0.39%
PG	A	0.39%
CBOE	B	0.39%
CCK	C	0.39%
NBIX	C	0.39%
MMC	B	0.39%
FCPT	C	0.39%
UNH	C	0.39%
JNJ	D	0.38%
NOC	D	0.38%
AMH	D	0.38%
HRB	D	0.38%
GLPI	C	0.38%
CACI	D	0.38%
NHC	C	0.38%
ELS	C	0.38%
WPC	D	0.37%
EPC	D	0.37%
AMED	F	0.37%
KMB	D	0.37%
RGR	F	0.37%
DFIN	D	0.37%
JNPR	F	0.37%
BG	F	0.37%
LMT	D	0.37%
POST	C	0.37%
ADUS	D	0.37%
FLO	D	0.37%
KBR	F	0.37%
NNN	D	0.36%
MOH	F	0.36%
PEP	F	0.36%
WU	D	0.36%
FCN	D	0.36%
MKC	D	0.36%
HRL	D	0.36%
COKE	C	0.36%
CI	F	0.36%
ANIP	F	0.36%
JBSS	D	0.35%
KHC	F	0.35%
VRRM	D	0.35%
KO	D	0.35%
CL	D	0.35%
ACGL	D	0.35%
AMT	D	0.34%
KDP	D	0.34%
MDLZ	F	0.34%
HSY	F	0.34%
ABBV	D	0.34%
ERIE	D	0.33%
NABL	F	0.33%
MRK	F	0.33%
SPTN	D	0.33%
CVI	F	0.33%
CNC	D	0.33%
GIS	D	0.33%
CLW	F	0.32%
CAG	D	0.32%
THS	D	0.31%
COLL	F	0.31%
ELV	F	0.3%
LPG	F	0.29%
BMRN	D	0.29%
KELYA	F	0.28%
CPRI	F	0.24%

SIXL Underweight 119 Positions Relative to IFRA

Symbol	Grade	Weight
VST	B	-1.23%
USLM	A	-0.91%
CENX	B	-0.86%
KNTK	B	-0.85%
CEG	D	-0.85%
MYRG	B	-0.84%
STRL	B	-0.83%
KMI	A	-0.83%
AGX	B	-0.82%
WMB	A	-0.82%
PRIM	A	-0.8%
NRG	B	-0.79%
OKE	A	-0.78%
ROAD	A	-0.77%
IDA	A	-0.74%
TXNM	A	-0.73%
ENLC	A	-0.72%
FIX	A	-0.72%
CNP	B	-0.72%
LMB	A	-0.72%
OGS	A	-0.71%
CMP	C	-0.71%
NI	A	-0.71%
GBX	A	-0.71%
PEG	A	-0.71%
MSEX	B	-0.7%
EME	C	-0.7%
MTZ	B	-0.7%
CSX	B	-0.7%
PCG	A	-0.69%
BKH	A	-0.69%
NSC	B	-0.69%
HEES	B	-0.68%
MLI	C	-0.68%
MTRX	B	-0.68%
LXFR	C	-0.68%
LNT	A	-0.67%
GLDD	B	-0.67%
RYI	C	-0.67%
SUM	B	-0.67%
SR	A	-0.66%
APOG	B	-0.66%
AGR	B	-0.66%
GVA	A	-0.66%
D	C	-0.65%
BXC	B	-0.65%
PWR	A	-0.65%
EXC	C	-0.65%
NWPX	A	-0.64%
CRS	A	-0.64%
AWI	A	-0.63%
POR	C	-0.63%
EXP	A	-0.63%
KNF	A	-0.63%
TPC	C	-0.63%
VMI	B	-0.63%
NGVT	B	-0.63%
STLD	B	-0.62%
OC	A	-0.62%
NEE	D	-0.62%
URI	B	-0.62%
UNP	C	-0.62%
EIX	B	-0.62%
ECVT	C	-0.61%
ASTE	B	-0.61%
ARTNA	D	-0.61%
YORW	D	-0.61%
TRN	C	-0.6%
ES	D	-0.6%
AWK	D	-0.6%
VMC	B	-0.6%
LPX	B	-0.6%
CMC	B	-0.59%
KALU	C	-0.59%
LXU	B	-0.59%
HE	C	-0.59%
MLM	B	-0.58%
TREX	C	-0.57%
OSK	B	-0.57%
FLR	B	-0.57%
CSL	C	-0.56%
BCC	B	-0.56%
RS	B	-0.56%
AZEK	A	-0.56%
ACM	A	-0.56%
ASIX	A	-0.55%
APG	B	-0.55%
SWX	B	-0.55%
ROCK	C	-0.54%
NFE	D	-0.54%
SSD	D	-0.53%
BWMN	C	-0.53%
HWKN	B	-0.53%
BLDR	D	-0.53%
XPEL	C	-0.53%
ZEUS	C	-0.52%
POOL	C	-0.52%
NUE	C	-0.52%
TEX	D	-0.52%
KOP	C	-0.51%
EMN	D	-0.51%
AESI	B	-0.5%
CLF	F	-0.5%
OLN	D	-0.5%
BLD	D	-0.5%
NVEE	F	-0.5%
HAYN	C	-0.5%
MTUS	C	-0.49%
J	F	-0.49%
IIIN	C	-0.48%
ATI	D	-0.48%
WOR	F	-0.47%
WMS	D	-0.46%
WLK	D	-0.46%
LYB	F	-0.44%
MDU	D	-0.36%
MATV	D	-0.33%
NVRI	F	-0.33%
TTEK	F	-0.09%