SIXL vs. SDP ETF Comparison

Comparison of 6 Meridian Low Beta Equity Strategy ETF (SIXL) to ProShares UltraShort Utilities (SDP)

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

$38.97

Average Daily Volume

3,092

Number of Holdings ^*

238

* may have additional holdings in another (foreign) market

SDP

ProShares UltraShort Utilities

SDP Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. UtilitiesSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the utilities sector of the U.S. equity market. Component companies include, among others, electric utilities, gas utilities, multi-utilities and water utilities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$14.80

Average Daily Volume

35,506

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SIXL	SDP
30 Days	3.60%	-0.94%
60 Days	4.19%	-4.63%
90 Days	4.86%	-15.23%
12 Months	22.47%	-41.97%

22 Overlapping Holdings

Symbol	Grade	Weight in SIXL	Weight in SDP	Overlap
AEE	A	0.44%	1.92%	0.44%
AEP	C	0.38%	4.77%	0.38%
ALE	A	0.41%	0.42%	0.41%
ATO	A	0.45%	1.34%	0.45%
AVA	A	0.4%	0.32%	0.32%
CMS	C	0.4%	1.82%	0.4%
DTE	C	0.39%	2.52%	0.39%
DUK	C	0.39%	6.69%	0.39%
ED	C	0.37%	2.94%	0.37%
ETR	B	0.49%	2.46%	0.49%
EVRG	A	0.43%	1.5%	0.43%
FE	C	0.38%	2.6%	0.38%
NFG	A	0.42%	0.38%	0.38%
NJR	A	0.42%	0.41%	0.41%
NWE	B	0.41%	0.37%	0.37%
PNW	A	0.42%	1.03%	0.42%
PPL	A	0.42%	2.56%	0.42%
SO	C	0.4%	6.91%	0.4%
SRE	A	0.45%	4.34%	0.45%
WEC	A	0.42%	2.98%	0.42%
WTRG	B	0.4%	1.07%	0.4%
XEL	A	0.44%	3.36%	0.44%

SIXL Overweight 216 Positions Relative to SDP

Symbol	Grade	Weight
CXW	C	0.65%
MASI	B	0.58%
SFM	A	0.57%
UFCS	A	0.55%
EXEL	B	0.55%
UNM	A	0.54%
HQY	A	0.54%
DTM	A	0.54%
CALM	A	0.54%
BWXT	B	0.53%
BRBR	A	0.52%
LRN	A	0.51%
ATGE	B	0.5%
FHI	B	0.5%
INCY	C	0.5%
PRDO	B	0.5%
MGEE	B	0.49%
X	B	0.49%
MCK	A	0.49%
TMUS	B	0.49%
ATEN	A	0.49%
MCY	A	0.48%
AMSF	B	0.48%
CW	C	0.48%
LQDT	B	0.48%
RHI	C	0.48%
TXRH	B	0.48%
MGY	A	0.47%
LOPE	C	0.47%
PRI	B	0.47%
AGO	B	0.47%
PPC	C	0.46%
DBX	B	0.46%
SNDR	B	0.46%
PRGS	A	0.46%
PLMR	A	0.46%
AMBC	C	0.46%
VIRT	A	0.46%
SMPL	B	0.46%
RLI	A	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	B	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%
CPK	A	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	C	0.44%
SIGI	C	0.44%
HCI	C	0.44%
HSTM	B	0.44%
MCRI	A	0.44%
RYAN	A	0.44%
KR	B	0.44%
WWD	C	0.43%
WDFC	B	0.43%
WM	B	0.43%
XOM	B	0.43%
COP	C	0.43%
LHX	C	0.43%
CAH	B	0.43%
WTW	B	0.43%
MMSI	A	0.43%
ORI	A	0.43%
ALL	A	0.43%
MSGS	A	0.43%
CASY	A	0.43%
TKO	A	0.43%
EHC	B	0.43%
AM	A	0.43%
MANH	D	0.43%
ORLY	B	0.43%
OGE	A	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	D	0.42%
EZPW	B	0.42%
PM	B	0.42%
AWR	B	0.42%
CHD	A	0.42%
MO	A	0.42%
FIZZ	C	0.42%
SPNT	B	0.42%
PECO	A	0.42%
UVV	B	0.42%
DGX	A	0.42%
DVAX	C	0.42%
NWN	A	0.42%
WEN	D	0.42%
SAFT	B	0.41%
ARMK	B	0.41%
ADC	A	0.41%
NPK	B	0.41%
TR	B	0.41%
MUSA	B	0.41%
ALKS	C	0.41%
INGR	C	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	B	0.41%
OLLI	D	0.41%
WRB	A	0.41%
UTHR	C	0.41%
LTC	B	0.41%
STRA	C	0.41%
NYT	D	0.4%
INVA	D	0.4%
AJG	A	0.4%
OHI	C	0.4%
JJSF	C	0.4%
KNSL	B	0.4%
UTL	B	0.4%
CB	C	0.4%
NEU	D	0.4%
K	A	0.4%
GTY	A	0.4%
RTX	D	0.4%
MSA	F	0.4%
PDCO	F	0.4%
RNR	C	0.4%
LANC	C	0.4%
HOLX	D	0.39%
ENSG	C	0.39%
CHE	D	0.39%
CHRD	D	0.39%
BRC	D	0.39%
PG	C	0.39%
CBOE	C	0.39%
CCK	D	0.39%
NBIX	C	0.39%
MMC	B	0.39%
FCPT	C	0.39%
UNH	B	0.39%
JNJ	C	0.38%
NOC	D	0.38%
AMH	C	0.38%
HRB	D	0.38%
GLPI	C	0.38%
CACI	D	0.38%
NHC	C	0.38%
ELS	C	0.38%
WPC	C	0.37%
EPC	F	0.37%
AMED	F	0.37%
KMB	C	0.37%
RGR	F	0.37%
DFIN	D	0.37%
JNPR	D	0.37%
BG	D	0.37%
SJW	F	0.37%
LMT	D	0.37%
POST	C	0.37%
ADUS	D	0.37%
FLO	D	0.37%
KBR	F	0.37%
CWT	C	0.37%
NNN	C	0.36%
MOH	F	0.36%
PEP	F	0.36%
WU	F	0.36%
FCN	F	0.36%
MKC	C	0.36%
HRL	D	0.36%
COKE	C	0.36%
CI	D	0.36%
ANIP	F	0.36%
JBSS	F	0.35%
KHC	F	0.35%
VRRM	F	0.35%
KO	D	0.35%
CL	D	0.35%
ACGL	C	0.35%
AMT	C	0.34%
KDP	F	0.34%
MDLZ	F	0.34%
HSY	F	0.34%
ABBV	F	0.34%
ERIE	D	0.33%
NABL	F	0.33%
MRK	D	0.33%
SPTN	D	0.33%
CVI	F	0.33%
CNC	D	0.33%
GIS	D	0.33%
CLW	F	0.32%
CAG	F	0.32%
THS	D	0.31%
COLL	F	0.31%
ELV	F	0.3%
LPG	F	0.29%
BMRN	F	0.29%
KELYA	F	0.28%
CPRI	F	0.24%

SIXL Underweight 24 Positions Relative to SDP

Symbol	Grade	Weight
NEE	C	-12.13%
D	C	-6.77%
EXC	C	-4.51%
PEG	A	-2.93%
ES	C	-2.81%
EIX	B	-2.7%
AWK	C	-2.31%
LNT	A	-1.35%
AES	F	-1.33%
CNP	A	-1.33%
NI	A	-1.06%
VST	A	-1.01%
NRG	B	-0.95%
UGI	C	-0.91%
MDU	D	-0.58%
IDA	A	-0.54%
HE	C	-0.51%
POR	C	-0.51%
OGS	A	-0.49%
BKH	A	-0.49%
SR	A	-0.42%
SWX	B	-0.41%
PNM	B	-0.4%
AGR	A	-0.28%