SIXL vs. IQRA ETF Comparison

Comparison of 6 Meridian Low Beta Equity Strategy ETF (SIXL) to IQ MacKay Municipal Insured ETF IQ CBRE Real Assets ETF (IQRA)

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

$38.70

Average Daily Volume

3,092

Number of Holdings ^*

238

* may have additional holdings in another (foreign) market

IQRA

IQ MacKay Municipal Insured ETF IQ CBRE Real Assets ETF

IQRA Description

The fund will normally invest at least 80% of its assets (net assets plus borrowings for investment purposes) in securities issued by real assets companies. Under normal circumstances, the fund invests primarily in common stock, but may also invest in other equity securities including preferred stock, convertible securities, rights or warrants to buy common stocks, master limited partnerships ("MLPs"), and depositary receipts with characteristics similar to common stock.

Grade (RS Rating)

Last Trade

$27.23

Average Daily Volume

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SIXL	IQRA
30 Days	3.60%	-1.13%
60 Days	4.19%	-1.86%
90 Days	4.86%	1.11%
12 Months	22.47%	20.45%

16 Overlapping Holdings

Symbol	Grade	Weight in SIXL	Weight in IQRA	Overlap
ADC	A	0.4%	1.01%	0.4%
AEE	A	0.44%	0.53%	0.44%
ALE	A	0.4%	0.41%	0.4%
AMT	C	0.32%	1.97%	0.32%
ATO	A	0.44%	1.02%	0.44%
CMS	C	0.39%	0.92%	0.39%
CPK	A	0.42%	0.63%	0.42%
DTE	C	0.38%	0.76%	0.38%
EVRG	A	0.42%	0.75%	0.42%
FCPT	C	0.38%	0.32%	0.32%
OGE	A	0.43%	0.84%	0.43%
PPL	A	0.41%	1.57%	0.41%
SRE	A	0.44%	0.77%	0.44%
WEC	A	0.41%	2.63%	0.41%
WTRG	B	0.4%	0.87%	0.4%
XEL	A	0.43%	0.9%	0.43%

SIXL Overweight 222 Positions Relative to IQRA

Symbol	Grade	Weight
CXW	C	0.67%
SFM	A	0.58%
MASI	B	0.57%
EXEL	B	0.56%
CALM	A	0.53%
CW	C	0.52%
HQY	A	0.52%
INCY	C	0.52%
UNM	A	0.52%
BWXT	B	0.52%
DTM	A	0.52%
LRN	A	0.51%
UFCS	A	0.5%
BRBR	A	0.5%
ATGE	B	0.5%
X	B	0.5%
MGEE	B	0.49%
LOPE	C	0.49%
TMUS	B	0.49%
FHI	B	0.49%
ATEN	A	0.49%
RHI	C	0.49%
DBX	B	0.48%
TXRH	B	0.48%
AVAV	C	0.48%
CACI	D	0.48%
MCK	A	0.48%
DVAX	C	0.48%
ETR	B	0.48%
AMSF	B	0.48%
PRI	B	0.47%
PRGS	A	0.47%
SNDR	B	0.47%
MCY	A	0.47%
JAZZ	B	0.47%
GILD	C	0.47%
HMN	B	0.47%
LQDT	B	0.47%
BGC	C	0.46%
UTHR	C	0.46%
BJ	A	0.46%
PRDO	B	0.46%
AGO	B	0.46%
PPC	C	0.46%
HCI	C	0.46%
FDP	B	0.46%
MANH	D	0.45%
KR	B	0.45%
RAMP	B	0.45%
MORN	B	0.45%
HSTM	B	0.45%
LHX	C	0.45%
MGY	A	0.45%
ATR	B	0.45%
KBR	F	0.45%
RLI	A	0.45%
EOG	A	0.44%
WMT	A	0.44%
WDFC	B	0.44%
FIZZ	C	0.44%
INGR	C	0.44%
MSGS	A	0.44%
CASY	A	0.44%
SAM	C	0.44%
SUPN	C	0.44%
SIGI	C	0.44%
EHC	B	0.44%
CVX	A	0.44%
EIG	B	0.44%
RBA	A	0.44%
PINC	B	0.44%
SMPL	B	0.44%
RYAN	A	0.44%
THG	A	0.44%
VIRT	A	0.44%
WEN	D	0.43%
LANC	C	0.43%
AMBC	C	0.43%
ALKS	C	0.43%
WTW	B	0.43%
WM	B	0.43%
PBH	A	0.43%
WWD	C	0.43%
TRV	B	0.43%
ORLY	B	0.43%
MCRI	A	0.43%
CAH	B	0.43%
OLLI	D	0.42%
BOX	B	0.42%
T	A	0.42%
JJSF	C	0.42%
NBIX	C	0.42%
DGX	A	0.42%
BRC	D	0.42%
VRSK	A	0.42%
AWR	B	0.42%
ITGR	B	0.42%
NWN	A	0.42%
STRA	C	0.42%
DT	D	0.42%
PLMR	A	0.42%
INVA	D	0.42%
XOM	B	0.42%
ALL	A	0.42%
AFG	A	0.42%
ORI	A	0.42%
LTC	B	0.42%
RGA	A	0.42%
AM	A	0.42%
MMSI	A	0.42%
DLB	B	0.42%
NOC	D	0.41%
NEU	D	0.41%
OHI	C	0.41%
PNW	A	0.41%
ARMK	B	0.41%
SAFT	B	0.41%
NJR	A	0.41%
NFG	A	0.41%
MUSA	B	0.41%
NYT	D	0.41%
RTX	D	0.41%
COP	C	0.41%
RSG	A	0.41%
MSA	F	0.41%
PECO	A	0.41%
PGR	A	0.41%
ANIP	F	0.4%
TKO	A	0.4%
GTY	A	0.4%
K	A	0.4%
NHC	C	0.4%
UVV	B	0.4%
MO	A	0.4%
AFL	B	0.4%
SPNT	B	0.4%
NWE	B	0.4%
TR	B	0.4%
UTL	B	0.4%
RNR	C	0.4%
EZPW	B	0.4%
KNSL	B	0.4%
ABT	B	0.4%
NPK	B	0.4%
CME	B	0.4%
CHD	A	0.4%
CCK	D	0.4%
EPRT	B	0.4%
WRB	A	0.4%
UNH	B	0.4%
AVA	A	0.39%
VZ	C	0.39%
CB	C	0.39%
PM	B	0.39%
MMC	B	0.39%
CHE	D	0.39%
RGR	F	0.39%
SO	C	0.39%
LMT	D	0.39%
ADUS	D	0.39%
ENSG	C	0.39%
AJG	A	0.39%
PDCO	F	0.39%
JNPR	D	0.39%
GLPI	C	0.38%
CHRD	D	0.38%
DUK	C	0.38%
CI	D	0.38%
MOH	F	0.38%
DFIN	D	0.38%
HOLX	D	0.38%
ELS	C	0.38%
JNJ	C	0.37%
HRL	D	0.37%
SJW	F	0.37%
CWT	C	0.37%
AMED	F	0.37%
FE	C	0.37%
ED	C	0.37%
POST	C	0.37%
CBOE	C	0.37%
PG	C	0.37%
AMH	C	0.37%
HRB	D	0.37%
KDP	F	0.36%
HSY	F	0.36%
AEP	C	0.36%
ACGL	C	0.36%
MKC	C	0.36%
COKE	C	0.36%
FLO	D	0.36%
PEP	F	0.36%
EPC	F	0.36%
FCN	F	0.36%
NABL	F	0.35%
MDLZ	F	0.35%
NNN	C	0.35%
ABBV	F	0.35%
BG	D	0.35%
KO	D	0.35%
KHC	F	0.35%
JBSS	F	0.35%
WPC	C	0.35%
KMB	C	0.35%
VRRM	F	0.35%
GIS	D	0.34%
CLW	F	0.34%
WU	F	0.34%
CNC	D	0.33%
MRK	D	0.33%
SPTN	D	0.33%
COLL	F	0.33%
CAG	F	0.33%
CL	D	0.33%
CVI	F	0.32%
ERIE	D	0.32%
BMRN	F	0.31%
KELYA	F	0.31%
THS	D	0.3%
ELV	F	0.3%
LPG	F	0.29%
CPRI	F	0.22%

SIXL Underweight 31 Positions Relative to IQRA

Symbol	Grade	Weight
SPG	A	-5.24%
O	C	-3.83%
EQIX	A	-3.7%
TRGP	A	-3.35%
CSX	C	-2.74%
SUI	C	-2.15%
NEE	C	-2.09%
WELL	A	-2.06%
PCG	A	-1.55%
HST	C	-1.44%
REG	A	-1.31%
CUBE	C	-1.3%
DLR	B	-1.2%
UE	B	-1.04%
EXR	C	-1.0%
PAGP	A	-0.94%
IRM	C	-0.92%
ESRT	C	-0.89%
REXR	F	-0.84%
CNI	F	-0.82%
VICI	C	-0.79%
NSC	B	-0.74%
AES	F	-0.71%
COLD	D	-0.71%
CNP	A	-0.66%
BRX	A	-0.62%
PSA	C	-0.5%
CEG	C	-0.48%
INVH	D	-0.41%
KMI	A	-0.35%
POR	C	-0.34%