SIXL vs. PHDG ETF Comparison

Comparison of 6 Meridian Low Beta Equity Strategy ETF (SIXL) to PowerShares S&P 500 Downside Hedged Portfolio (PHDG)
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
PHDG

PowerShares S&P 500 Downside Hedged Portfolio

PHDG Description The PowerShares S&P 500® Downside Hedged Portfolio (the Fund) is an actively managed exchange-traded fund (ETF) that seeks to achieve positive total returns in rising or falling markets that are not directly correlated to broad equity or fixed-income market returns. The Fund seeks to achieve its investment objective by using a quantitative, rules-based strategy designed to provide returns that correspond to the performance of the S&P 500® Dynamic VEQTOR Index (the Index). The Index provides investors with broad equity market exposure with an implied volatility hedge by dynamically allocating between equity, volatility and cash. The index allows investors to receive exposure to the equity and volatility of the S&P 500 Index in a dynamic framework.

Grade (RS Rating)

Last Trade

$38.30

Average Daily Volume

12,482

Number of Holdings *

499

* may have additional holdings in another (foreign) market
Performance
Period SIXL PHDG
30 Days 4.28% 0.66%
60 Days 4.41% 1.51%
90 Days 5.62% 1.58%
12 Months 23.37% 18.52%
81 Overlapping Holdings
Symbol Grade Weight in SIXL Weight in PHDG Overlap
ABBV D 0.34% 0.32% 0.32%
ABT B 0.41% 0.22% 0.22%
ACGL D 0.35% 0.04% 0.04%
AEE A 0.44% 0.03% 0.03%
AEP D 0.38% 0.05% 0.05%
AFL B 0.41% 0.06% 0.06%
AJG B 0.4% 0.07% 0.07%
ALL A 0.43% 0.06% 0.06%
AMT D 0.34% 0.1% 0.1%
ATO A 0.45% 0.02% 0.02%
BG F 0.37% 0.01% 0.01%
CAG D 0.32% 0.01% 0.01%
CAH B 0.43% 0.03% 0.03%
CB C 0.4% 0.12% 0.12%
CBOE B 0.39% 0.02% 0.02%
CHD B 0.42% 0.03% 0.03%
CI F 0.36% 0.1% 0.1%
CL D 0.35% 0.08% 0.08%
CME A 0.41% 0.09% 0.09%
CMS C 0.4% 0.02% 0.02%
CNC D 0.33% 0.03% 0.03%
COP C 0.43% 0.14% 0.14%
CVX A 0.46% 0.3% 0.3%
DGX A 0.42% 0.02% 0.02%
DTE C 0.39% 0.03% 0.03%
DUK C 0.39% 0.09% 0.09%
ED D 0.37% 0.04% 0.04%
ELV F 0.3% 0.1% 0.1%
EOG A 0.45% 0.08% 0.08%
ERIE D 0.33% 0.01% 0.01%
ETR B 0.49% 0.03% 0.03%
EVRG A 0.43% 0.02% 0.02%
FE C 0.38% 0.02% 0.02%
GILD C 0.45% 0.12% 0.12%
GIS D 0.33% 0.04% 0.04%
HOLX D 0.39% 0.02% 0.02%
HRL D 0.36% 0.01% 0.01%
HSY F 0.34% 0.03% 0.03%
INCY C 0.5% 0.01% 0.01%
JNJ D 0.38% 0.39% 0.38%
JNPR F 0.37% 0.01% 0.01%
K A 0.4% 0.02% 0.02%
KDP D 0.34% 0.04% 0.04%
KHC F 0.35% 0.03% 0.03%
KMB D 0.37% 0.05% 0.05%
KO D 0.35% 0.26% 0.26%
KR B 0.44% 0.04% 0.04%
LHX C 0.43% 0.05% 0.05%
LMT D 0.37% 0.12% 0.12%
MCK B 0.49% 0.09% 0.09%
MDLZ F 0.34% 0.09% 0.09%
MKC D 0.36% 0.02% 0.02%
MMC B 0.39% 0.12% 0.12%
MO A 0.42% 0.1% 0.1%
MOH F 0.36% 0.02% 0.02%
MRK F 0.33% 0.27% 0.27%
NOC D 0.38% 0.07% 0.07%
ORLY B 0.43% 0.08% 0.08%
PEP F 0.36% 0.24% 0.24%
PG A 0.39% 0.42% 0.39%
PGR A 0.41% 0.16% 0.16%
PM B 0.42% 0.21% 0.21%
PNW B 0.42% 0.01% 0.01%
PPL B 0.42% 0.03% 0.03%
RSG A 0.41% 0.05% 0.05%
RTX C 0.4% 0.17% 0.17%
SO D 0.4% 0.1% 0.1%
SRE A 0.45% 0.06% 0.06%
T A 0.44% 0.17% 0.17%
TMUS B 0.49% 0.13% 0.13%
TRV B 0.45% 0.06% 0.06%
UNH C 0.39% 0.59% 0.39%
VRSK A 0.41% 0.04% 0.04%
VZ C 0.41% 0.19% 0.19%
WEC A 0.42% 0.03% 0.03%
WM A 0.43% 0.09% 0.09%
WMT A 0.44% 0.4% 0.4%
WRB A 0.41% 0.02% 0.02%
WTW B 0.43% 0.03% 0.03%
XEL A 0.44% 0.04% 0.04%
XOM B 0.43% 0.58% 0.43%
SIXL Overweight 157 Positions Relative to PHDG
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%
DTM 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%
PRDO B 0.5%
MGEE C 0.49%
X C 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%
HMN B 0.46%
EIG B 0.45%
BGC C 0.45%
RAMP C 0.45%
THG A 0.45%
BJ A 0.45%
RBA A 0.45%
RGA A 0.44%
SAM C 0.44%
CPK A 0.44%
ATR B 0.44%
PINC B 0.44%
PBH A 0.44%
MORN B 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%
WWD B 0.43%
WDFC B 0.43%
MMSI B 0.43%
ORI A 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%
DLB B 0.42%
BOX B 0.42%
ITGR B 0.42%
DT C 0.42%
EZPW A 0.42%
AWR B 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%
NWN A 0.42%
WEN D 0.42%
ALE A 0.41%
SAFT C 0.41%
ARMK B 0.41%
ADC B 0.41%
NPK B 0.41%
TR B 0.41%
MUSA A 0.41%
NWE B 0.41%
ALKS B 0.41%
INGR B 0.41%
OLLI D 0.41%
UTHR C 0.41%
LTC B 0.41%
STRA C 0.41%
NYT C 0.4%
INVA D 0.4%
OHI C 0.4%
JJSF B 0.4%
WTRG B 0.4%
KNSL B 0.4%
UTL B 0.4%
NEU C 0.4%
AVA A 0.4%
GTY B 0.4%
MSA D 0.4%
PDCO D 0.4%
RNR C 0.4%
LANC C 0.4%
ENSG D 0.39%
CHE D 0.39%
CHRD D 0.39%
BRC D 0.39%
CCK C 0.39%
NBIX C 0.39%
FCPT C 0.39%
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%
RGR F 0.37%
DFIN D 0.37%
SJW D 0.37%
POST C 0.37%
ADUS D 0.37%
FLO D 0.37%
KBR F 0.37%
CWT D 0.37%
NNN D 0.36%
WU D 0.36%
FCN D 0.36%
COKE C 0.36%
ANIP F 0.36%
JBSS D 0.35%
VRRM D 0.35%
NABL F 0.33%
SPTN D 0.33%
CVI F 0.33%
CLW F 0.32%
THS D 0.31%
COLL F 0.31%
LPG F 0.29%
BMRN D 0.29%
KELYA F 0.28%
CPRI F 0.24%
SIXL Underweight 418 Positions Relative to PHDG
Symbol Grade Weight
NVDA C -3.89%
AAPL C -3.74%
MSFT F -3.42%
AMZN C -2.13%
META D -1.36%
GOOGL C -1.11%
TSLA B -0.93%
GOOG C -0.92%
BRK.A B -0.92%
AVGO D -0.86%
JPM A -0.74%
LLY F -0.67%
V A -0.56%
MA C -0.46%
COST B -0.44%
HD A -0.43%
NFLX A -0.39%
CRM B -0.35%
BAC A -0.33%
ORCL B -0.32%
WFC A -0.27%
CSCO B -0.25%
ADBE C -0.25%
AMD F -0.24%
ACN C -0.24%
MCD D -0.23%
NOW A -0.23%
LIN D -0.23%
TMO F -0.22%
ISRG A -0.21%
IBM C -0.21%
GE D -0.21%
INTU C -0.21%
DIS B -0.21%
QCOM F -0.2%
GS A -0.2%
CAT B -0.2%
TXN C -0.2%
SPGI C -0.18%
MS A -0.18%
CMCSA B -0.18%
BKNG A -0.18%
DHR F -0.17%
AMAT F -0.17%
LOW D -0.17%
NEE D -0.17%
AMGN D -0.17%
AXP A -0.17%
ETN A -0.16%
BLK C -0.16%
PFE D -0.16%
UBER D -0.16%
HON B -0.16%
TJX A -0.15%
UNP C -0.15%
PANW C -0.14%
BSX B -0.14%
C A -0.14%
BX A -0.14%
SYK C -0.14%
BMY B -0.13%
PLTR B -0.13%
SCHW B -0.13%
FI A -0.13%
ADP B -0.13%
VRTX F -0.13%
INTC D -0.12%
MU D -0.12%
MDT D -0.12%
SBUX A -0.12%
LRCX F -0.11%
ANET C -0.11%
BA F -0.11%
DE A -0.11%
KKR A -0.11%
ADI D -0.11%
PLD D -0.11%
PH A -0.1%
GEV B -0.1%
ICE C -0.1%
SHW A -0.1%
NKE D -0.1%
TT A -0.1%
UPS C -0.1%
ZTS D -0.09%
CRWD B -0.09%
AON A -0.09%
CMG B -0.09%
MSI B -0.09%
PNC B -0.09%
REGN F -0.09%
CDNS B -0.09%
SNPS B -0.09%
EQIX A -0.09%
KLAC D -0.09%
APH A -0.09%
PYPL B -0.09%
COF B -0.08%
APD A -0.08%
CEG D -0.08%
TGT F -0.08%
TDG D -0.08%
MMM D -0.08%
ITW B -0.08%
EMR A -0.08%
CTAS B -0.08%
GD F -0.08%
MCO B -0.08%
WELL A -0.08%
USB A -0.08%
PCAR B -0.07%
ROP B -0.07%
HLT A -0.07%
SLB C -0.07%
TFC A -0.07%
FCX D -0.07%
ECL D -0.07%
CARR D -0.07%
OKE A -0.07%
HCA F -0.07%
GM B -0.07%
BDX F -0.07%
MAR B -0.07%
FDX B -0.07%
ADSK A -0.07%
WMB A -0.07%
CSX B -0.07%
CVS D -0.07%
KMI A -0.06%
PSA D -0.06%
GWW B -0.06%
MPC D -0.06%
AZO C -0.06%
PSX C -0.06%
SPG B -0.06%
DLR B -0.06%
RCL A -0.06%
AMP A -0.06%
URI B -0.06%
FICO B -0.06%
JCI C -0.06%
NXPI D -0.06%
BK A -0.06%
ABNB C -0.06%
NSC B -0.06%
FTNT C -0.06%
TRGP B -0.05%
ODFL B -0.05%
COR B -0.05%
BKR B -0.05%
F C -0.05%
PEG A -0.05%
AXON A -0.05%
DFS B -0.05%
CCI D -0.05%
VLO C -0.05%
PCG A -0.05%
PRU A -0.05%
AME A -0.05%
KVUE A -0.05%
HWM A -0.05%
NEM D -0.05%
PAYX C -0.05%
FAST B -0.05%
D C -0.05%
ROST C -0.05%
VST B -0.05%
PWR A -0.05%
MSCI C -0.05%
DHI D -0.05%
FIS C -0.05%
MET A -0.05%
AIG B -0.05%
O D -0.05%
CMI A -0.05%
CPRT A -0.05%
ROK B -0.04%
VICI C -0.04%
IRM D -0.04%
HUM C -0.04%
RMD C -0.04%
OXY D -0.04%
HIG B -0.04%
FANG D -0.04%
WAB B -0.04%
EXR D -0.04%
DD D -0.04%
NUE C -0.04%
IDXX F -0.04%
IQV D -0.04%
MCHP D -0.04%
MTB A -0.04%
HPQ B -0.04%
MLM B -0.04%
GLW B -0.04%
SYY B -0.04%
VMC B -0.04%
GEHC F -0.04%
STZ D -0.04%
A D -0.04%
LULU C -0.04%
EXC C -0.04%
CHTR C -0.04%
YUM B -0.04%
DELL C -0.04%
MNST C -0.04%
EA A -0.04%
CTVA C -0.04%
CBRE B -0.04%
EW C -0.04%
OTIS C -0.04%
CTSH B -0.04%
HES B -0.04%
LEN D -0.04%
IT C -0.04%
IR B -0.04%
DAL C -0.04%
CINF A -0.03%
SBAC D -0.03%
HUBB B -0.03%
BIIB F -0.03%
RF A -0.03%
CDW F -0.03%
NTAP C -0.03%
CCL B -0.03%
WST C -0.03%
DVN F -0.03%
SW A -0.03%
EQR B -0.03%
ADM D -0.03%
VLTO D -0.03%
EQT B -0.03%
HBAN A -0.03%
SYF B -0.03%
AWK D -0.03%
CPAY A -0.03%
BRO B -0.03%
GDDY A -0.03%
TYL B -0.03%
VTR C -0.03%
MTD D -0.03%
FTV C -0.03%
BR A -0.03%
HAL C -0.03%
TROW B -0.03%
PHM D -0.03%
KEYS A -0.03%
DECK A -0.03%
DOV A -0.03%
HPE B -0.03%
STT A -0.03%
MPWR F -0.03%
ON D -0.03%
NVR D -0.03%
PPG F -0.03%
GPN B -0.03%
TTWO A -0.03%
XYL D -0.03%
ANSS B -0.03%
RJF A -0.03%
TSCO D -0.03%
DXCM D -0.03%
UAL A -0.03%
EBAY D -0.03%
CSGP D -0.03%
DOW F -0.03%
EIX B -0.03%
FITB A -0.03%
NDAQ A -0.03%
EFX F -0.03%
AVB B -0.03%
GRMN B -0.03%
EPAM C -0.02%
NDSN B -0.02%
ROL B -0.02%
FFIV B -0.02%
RVTY F -0.02%
APTV D -0.02%
JBL B -0.02%
AMCR D -0.02%
JBHT C -0.02%
DOC D -0.02%
VTRS A -0.02%
L A -0.02%
EL F -0.02%
LNT A -0.02%
DPZ C -0.02%
CF B -0.02%
VRSN F -0.02%
ALGN D -0.02%
EG C -0.02%
TXT D -0.02%
MRO B -0.02%
AVY D -0.02%
NI A -0.02%
BAX D -0.02%
GEN B -0.02%
KIM A -0.02%
ARE D -0.02%
DG F -0.02%
EXPD D -0.02%
LVS C -0.02%
GPC D -0.02%
MAS D -0.02%
TRMB B -0.02%
TER D -0.02%
IEX B -0.02%
PNR A -0.02%
J F -0.02%
KEY B -0.02%
BBY D -0.02%
ULTA F -0.02%
TSN B -0.02%
PODD C -0.02%
PFG D -0.02%
MAA B -0.02%
CTRA B -0.02%
BALL D -0.02%
SNA A -0.02%
NRG B -0.02%
FDS B -0.02%
INVH D -0.02%
ESS B -0.02%
LUV C -0.02%
CNP B -0.02%
IP B -0.02%
STLD B -0.02%
DRI B -0.02%
LH C -0.02%
LYV A -0.02%
ZBRA B -0.02%
STX D -0.02%
OMC C -0.02%
CLX B -0.02%
WDC D -0.02%
CFG B -0.02%
FSLR F -0.02%
PKG A -0.02%
BLDR D -0.02%
NTRS A -0.02%
LYB F -0.02%
STE F -0.02%
ES D -0.02%
WBD C -0.02%
ZBH C -0.02%
TDY B -0.02%
WAT B -0.02%
WY D -0.02%
LDOS C -0.02%
EXPE B -0.02%
IFF D -0.02%
PTC A -0.02%
FOX A -0.01%
QRVO F -0.01%
WBA F -0.01%
BEN C -0.01%
PARA C -0.01%
FMC D -0.01%
DVA B -0.01%
MHK D -0.01%
HII D -0.01%
BWA D -0.01%
IVZ B -0.01%
CE F -0.01%
MTCH D -0.01%
HAS D -0.01%
APA D -0.01%
MOS F -0.01%
HSIC B -0.01%
CZR F -0.01%
RL B -0.01%
FRT B -0.01%
ENPH F -0.01%
MGM D -0.01%
WYNN D -0.01%
AOS F -0.01%
CPB D -0.01%
TFX F -0.01%
SMCI F -0.01%
SOLV C -0.01%
GL B -0.01%
AES F -0.01%
MKTX D -0.01%
CRL C -0.01%
LKQ D -0.01%
CTLT B -0.01%
FOXA B -0.01%
IPG D -0.01%
PAYC B -0.01%
TAP C -0.01%
NWSA B -0.01%
AIZ A -0.01%
GNRC B -0.01%
TECH D -0.01%
LW C -0.01%
BXP D -0.01%
NCLH B -0.01%
SJM D -0.01%
EMN D -0.01%
UHS D -0.01%
ALB C -0.01%
REG B -0.01%
DAY B -0.01%
KMX B -0.01%
HST C -0.01%
ALLE D -0.01%
JKHY D -0.01%
CPT B -0.01%
CHRW C -0.01%
SWK D -0.01%
DLTR F -0.01%
TPR B -0.01%
UDR B -0.01%
AKAM D -0.01%
SWKS F -0.01%
MRNA F -0.01%
POOL C -0.01%
NWS B -0.0%
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