SIXL vs. RULE ETF Comparison

Comparison of 6 Meridian Low Beta Equity Strategy ETF (SIXL) to Adaptive Core ETF (RULE)

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

$35.09

Average Daily Volume

5,647

Number of Holdings ^*

237

* may have additional holdings in another (foreign) market

RULE

Adaptive Core ETF

RULE Description

Adaptive Core ETF seeks current income. The fund invests in individual equity securities without regard to market capitalization and ETFs that invest in equity securities of any market capitalization including convertible equity securities and fixed income ETFs. The fund’s portfolio may hold securities from issuers of any market capitalization, credit quality, maturity, or country. Fixed income securities may include securities with credit quality below investment grade (commonly referred to as “junk bond” credit quality).

Grade (RS Rating)

Last Trade

$21.77

Average Daily Volume

6,616

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SIXL	RULE
30 Days	6.31%	3.46%
60 Days	3.52%	1.53%
90 Days	4.86%	2.30%
12 Months	11.79%	14.07%

4 Overlapping Holdings

Symbol	Grade	Weight in SIXL	Weight in RULE	Overlap
BSX	A	0.44%	2.95%	0.44%
K	B	0.47%	3.56%	0.47%
PGR	C	0.45%	2.99%	0.45%
VST	B	0.59%	3.27%	0.59%

SIXL Overweight 233 Positions Relative to RULE

Symbol	Grade	Weight
ATGE	B	0.55%
PRDO	C	0.55%
VRRM	B	0.5%
LRN	B	0.49%
WWD	B	0.49%
GDDY	A	0.49%
AMBC	B	0.49%
HCI	D	0.48%
MCY	B	0.48%
SFM	B	0.48%
STRA	C	0.47%
RTX	B	0.47%
KDP	B	0.47%
PPC	B	0.47%
COKE	C	0.47%
SMPL	C	0.46%
CWT	C	0.46%
AVA	C	0.46%
SO	B	0.46%
NPK	C	0.46%
XEL	D	0.46%
CW	B	0.46%
RGA	A	0.46%
ATEN	B	0.46%
JJSF	C	0.46%
KR	D	0.45%
CVLT	A	0.45%
PNW	C	0.45%
DTM	A	0.45%
UTHR	B	0.45%
LOPE	C	0.45%
CORT	C	0.45%
CAG	C	0.45%
MKC	C	0.45%
LMAT	B	0.45%
HMN	D	0.45%
WTRG	C	0.45%
PRGO	D	0.45%
AMGN	B	0.45%
NYT	B	0.45%
FLO	C	0.45%
EHC	B	0.45%
RGLD	A	0.45%
PEG	A	0.45%
CACI	B	0.45%
CL	B	0.44%
CPK	C	0.44%
NSIT	A	0.44%
LMT	B	0.44%
UVV	C	0.44%
EVRG	C	0.44%
KBR	C	0.44%
ADUS	B	0.44%
LQDT	C	0.44%
ED	B	0.44%
XOM	B	0.44%
ALE	B	0.44%
PEP	B	0.44%
CASY	B	0.44%
DUK	A	0.44%
KMB	C	0.44%
CRVL	A	0.44%
EPRT	B	0.44%
TXRH	B	0.44%
CVX	C	0.44%
IDA	C	0.44%
OLLI	D	0.43%
NWE	C	0.43%
NBIX	B	0.43%
ELV	B	0.43%
ATR	C	0.43%
CTRE	C	0.43%
BJ	B	0.43%
KO	B	0.43%
IRDM	D	0.43%
MMSI	B	0.43%
LTC	B	0.43%
FCN	B	0.43%
PPL	A	0.43%
BRC	B	0.43%
OGE	B	0.43%
UNH	C	0.43%
ORI	B	0.43%
WING	C	0.43%
GD	B	0.43%
MO	A	0.43%
AWR	C	0.43%
DGX	B	0.43%
INVA	C	0.42%
ARMK	B	0.42%
DTE	B	0.42%
HSTM	C	0.42%
EG	D	0.42%
THG	C	0.42%
GTY	C	0.42%
NWN	C	0.42%
SAFT	D	0.42%
PSMT	A	0.42%
MCK	B	0.42%
PG	B	0.42%
OGS	D	0.42%
VRSK	B	0.42%
UTL	A	0.42%
EPC	C	0.42%
COLL	D	0.42%
NJR	C	0.42%
CPB	C	0.42%
WEN	D	0.42%
CMS	B	0.42%
CXW	D	0.42%
CNP	B	0.42%
TGNA	C	0.42%
CHD	B	0.42%
RDN	C	0.42%
WEC	C	0.42%
ATO	C	0.42%
MRK	B	0.42%
PSX	D	0.41%
CALM	D	0.41%
SPNT	B	0.41%
CB	B	0.41%
NNN	B	0.41%
WM	D	0.41%
AMED	B	0.41%
DLB	C	0.41%
SR	C	0.41%
RGR	F	0.41%
MGEE	C	0.41%
AEE	C	0.41%
KHC	D	0.41%
POST	C	0.41%
INGR	C	0.41%
RSG	D	0.41%
NOC	C	0.41%
DFIN	C	0.4%
CNC	B	0.4%
REGN	B	0.4%
PBH	D	0.4%
ERIE	D	0.4%
AIZ	D	0.4%
ITGR	C	0.4%
SPTN	D	0.4%
MDLZ	C	0.4%
PCRX	D	0.4%
IDCC	C	0.4%
CBOE	D	0.4%
VZ	C	0.4%
MUSA	A	0.4%
RLI	C	0.4%
BDX	F	0.4%
WPC	C	0.4%
NHC	B	0.4%
JBSS	D	0.4%
LLY	B	0.4%
SJW	D	0.4%
RNR	D	0.4%
FCPT	B	0.4%
FDP	F	0.4%
EZPW	D	0.4%
AVAV	B	0.4%
USFD	B	0.4%
WMT	D	0.4%
T	B	0.4%
OHI	C	0.4%
ANIP	D	0.4%
SAM	F	0.39%
LANC	D	0.39%
MORN	D	0.39%
MDT	C	0.39%
HXL	C	0.39%
EIG	D	0.39%
PRGS	F	0.39%
BRBR	C	0.39%
PDCO	F	0.39%
CHH	F	0.39%
CME	D	0.39%
EXEL	F	0.39%
HSIC	C	0.39%
THS	F	0.39%
GLPI	C	0.39%
HQY	D	0.39%
TMUS	C	0.39%
WU	D	0.39%
NARI	D	0.39%
NABL	D	0.39%
WDFC	D	0.38%
FIZZ	D	0.38%
MASI	D	0.38%
WRB	D	0.38%
TAP	F	0.38%
DECK	C	0.38%
SAIC	C	0.38%
CLX	F	0.38%
JNJ	D	0.38%
PINC	F	0.38%
ORLY	D	0.38%
SYY	D	0.38%
CRC	F	0.38%
JAZZ	F	0.38%
SCHL	F	0.38%
NTCT	D	0.38%
SIGI	F	0.38%
ELS	D	0.38%
FHI	D	0.37%
PFGC	C	0.37%
VREX	F	0.37%
DVAX	F	0.37%
MCD	D	0.37%
WTW	D	0.37%
TR	F	0.37%
ENSG	D	0.37%
JNPR	D	0.37%
ABT	F	0.36%
CAH	F	0.36%
CCOI	F	0.36%
ABBV	D	0.36%
MOH	F	0.36%
AMSF	F	0.36%
GILD	F	0.36%
AON	F	0.36%
NEU	D	0.36%
CHE	F	0.36%
AGO	D	0.36%
ALKS	F	0.34%
BWXT	D	0.34%
MANH	D	0.34%
GO	F	0.33%
LW	F	0.33%
MCS	F	0.32%
OSUR	F	0.31%
CVS	F	0.3%
KNSL	F	0.29%
ULTA	F	0.29%

SIXL Underweight 31 Positions Relative to RULE

Symbol	Grade	Weight
APH	A	-3.75%
AAPL	B	-3.6%
FCX	B	-3.36%
MCHP	B	-3.35%
ETN	A	-3.32%
BRK.A	C	-3.27%
COF	B	-3.21%
CMI	B	-3.18%
JPST	B	-3.17%
BIL	B	-3.17%
FITB	A	-3.03%
PWR	B	-3.02%
ACGL	B	-3.02%
GE	C	-3.02%
PHM	A	-2.99%
INTU	C	-2.99%
GOOGL	B	-2.98%
CMG	C	-2.97%
WAB	A	-2.97%
VMC	B	-2.94%
HEI	B	-2.91%
ALL	D	-2.9%
TSCO	B	-2.89%
IR	C	-2.6%
BLDR	D	-2.55%
IWF	A	-2.18%
SPHQ	A	-2.17%
XLG	A	-2.17%
WELL	A	-1.9%
NVDA	B	-1.65%
CRWD	C	-0.0%