SIXL vs. SMLV ETF Comparison

Comparison of 6 Meridian Low Beta Equity Strategy ETF (SIXL) to SPDR Russell 2000 Low Volatility (SMLV)

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

$34.88

Average Daily Volume

5,961

Number of Holdings ^*

237

* may have additional holdings in another (foreign) market

SMLV

SPDR Russell 2000 Low Volatility

SMLV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of a small cap, low volatility index. The fund employs a sampling strategy, which means that the fund is not required to purchase all of the securities represented in the index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index includes small cap U.S. equity securities, including business development companies, and is designed to deliver exposure to low volatility. It is non-diversified.

Grade (RS Rating)

Last Trade

$111.41

Average Daily Volume

4,393

Number of Holdings ^*

411

* may have additional holdings in another (foreign) market

Performance

Period	SIXL	SMLV
30 Days	3.59%	5.54%
60 Days	2.31%	2.08%
90 Days	5.20%	3.74%
12 Months	11.17%	17.05%

56 Overlapping Holdings

Symbol	Grade	Weight in SIXL	Weight in SMLV	Overlap
ADUS	A	0.41%	0.09%	0.09%
ALKS	F	0.34%	0.05%	0.05%
AMED	C	0.41%	0.06%	0.06%
AMSF	D	0.37%	0.71%	0.37%
ANIP	D	0.42%	0.05%	0.05%
ATEN	B	0.47%	0.07%	0.07%
BRC	B	0.43%	0.14%	0.14%
CALM	D	0.41%	0.12%	0.12%
CCOI	F	0.37%	0.09%	0.09%
CORT	D	0.45%	0.04%	0.04%
CPK	B	0.44%	0.21%	0.21%
CRC	F	0.4%	0.1%	0.1%
CTRE	B	0.44%	0.11%	0.11%
CVLT	A	0.43%	0.11%	0.11%
EIG	D	0.39%	0.84%	0.39%
FCPT	B	0.41%	0.12%	0.12%
FLO	B	0.46%	0.36%	0.36%
GTY	B	0.42%	0.18%	0.18%
HMN	A	0.44%	1.23%	0.44%
HSTM	B	0.42%	0.14%	0.14%
IDA	B	0.45%	0.25%	0.25%
INVA	B	0.42%	0.09%	0.09%
IRDM	D	0.45%	0.06%	0.06%
ITGR	D	0.39%	0.07%	0.07%
JBSS	D	0.41%	0.13%	0.13%
JJSF	B	0.39%	0.14%	0.14%
LMAT	A	0.41%	0.09%	0.09%
LOPE	B	0.41%	0.09%	0.09%
LTC	A	0.44%	0.14%	0.14%
MMSI	B	0.42%	0.06%	0.06%
NARI	F	0.4%	0.04%	0.04%
NHC	B	0.4%	0.18%	0.18%
NPK	A	0.46%	0.22%	0.22%
NTCT	F	0.39%	0.11%	0.11%
NWE	B	0.43%	0.25%	0.25%
NWN	B	0.43%	0.21%	0.21%
PBH	D	0.41%	0.15%	0.15%
PCRX	D	0.37%	0.06%	0.06%
PDCO	D	0.39%	0.07%	0.07%
PINC	F	0.42%	0.12%	0.12%
PRDO	B	0.57%	0.09%	0.09%
PRGO	C	0.49%	0.09%	0.09%
PRGS	F	0.39%	0.1%	0.1%
PSMT	A	0.41%	0.09%	0.09%
RDN	C	0.42%	0.9%	0.42%
RGR	F	0.45%	0.09%	0.09%
SAFT	B	0.42%	0.91%	0.42%
SCHL	F	0.39%	0.06%	0.06%
SR	B	0.42%	0.21%	0.21%
STRA	A	0.46%	0.08%	0.08%
TGNA	D	0.41%	0.12%	0.12%
THG	A	0.41%	1.63%	0.41%
VREX	F	0.39%	0.05%	0.05%
WDFC	D	0.37%	0.1%	0.1%
WEN	B	0.44%	0.12%	0.12%
WU	C	0.39%	1.07%	0.39%

SIXL Overweight 181 Positions Relative to SMLV

Symbol	Grade	Weight
VST	B	0.54%
RTX	A	0.47%
WWD	A	0.47%
GDDY	A	0.47%
SFM	A	0.47%
K	B	0.47%
HCI	B	0.47%
MCY	A	0.47%
KDP	B	0.47%
AVA	B	0.46%
CAG	B	0.46%
CWT	B	0.46%
VRRM	A	0.46%
XEL	C	0.46%
SMPL	B	0.46%
PPC	A	0.46%
LRN	A	0.46%
PEG	A	0.45%
CVX	B	0.45%
EPRT	A	0.45%
CW	A	0.45%
UTHR	B	0.45%
XOM	B	0.45%
EHC	A	0.45%
CACI	A	0.45%
KR	B	0.45%
KMB	B	0.45%
ATGE	A	0.45%
RGLD	B	0.45%
SO	A	0.45%
MKC	B	0.45%
DUK	A	0.44%
EVRG	B	0.44%
NBIX	B	0.44%
CPB	B	0.44%
ED	A	0.44%
MO	A	0.44%
UVV	B	0.44%
OGS	C	0.44%
PGR	A	0.44%
CL	A	0.44%
LMT	A	0.44%
BSX	B	0.44%
FDP	D	0.44%
DTM	A	0.44%
DGX	B	0.44%
PNW	B	0.44%
PEP	B	0.44%
KBR	B	0.44%
WTRG	B	0.44%
WING	A	0.43%
OGE	A	0.43%
ATO	A	0.43%
NYT	B	0.43%
CHD	A	0.43%
CXW	C	0.43%
MRK	B	0.43%
COKE	B	0.43%
CRVL	B	0.43%
ELV	A	0.43%
KHC	C	0.43%
CNP	B	0.43%
PPL	A	0.43%
KO	A	0.43%
UNH	C	0.43%
FCN	B	0.43%
BJ	B	0.43%
TXRH	B	0.43%
RGA	A	0.43%
THS	F	0.43%
ORI	A	0.43%
NJR	B	0.43%
GD	A	0.43%
CASY	A	0.43%
MASI	D	0.43%
ALE	B	0.43%
MCK	B	0.42%
POST	B	0.42%
UTL	B	0.42%
OHI	B	0.42%
EPC	B	0.42%
RSG	C	0.42%
EZPW	D	0.42%
AEL	A	0.42%
CMS	A	0.42%
BDX	F	0.42%
ATR	A	0.42%
AWR	C	0.42%
COLL	C	0.42%
WEC	B	0.42%
PG	A	0.42%
NOC	B	0.42%
AEE	C	0.42%
TMUS	B	0.41%
MDLZ	B	0.41%
AMBC	A	0.41%
WMT	C	0.41%
EXEL	F	0.41%
HQY	D	0.41%
INGR	A	0.41%
GO	F	0.41%
VRSK	B	0.41%
WM	B	0.41%
ARMK	C	0.41%
OLLI	B	0.41%
CB	C	0.41%
LQDT	C	0.41%
CHH	F	0.41%
DTE	A	0.41%
NNN	B	0.41%
EG	C	0.41%
AMGN	B	0.41%
CNC	C	0.4%
IDCC	B	0.4%
REGN	C	0.4%
MUSA	D	0.4%
RLI	A	0.4%
LLY	C	0.4%
SPNT	C	0.4%
DFIN	B	0.4%
USFD	C	0.4%
AIZ	D	0.4%
SJW	D	0.4%
WPC	C	0.4%
VZ	D	0.4%
DLB	C	0.4%
SPTN	D	0.4%
T	B	0.4%
PSX	D	0.4%
MORN	D	0.39%
SYY	D	0.39%
LANC	D	0.39%
JNJ	F	0.39%
SAM	D	0.39%
CME	C	0.39%
MDT	D	0.39%
BRBR	C	0.39%
ELS	D	0.39%
GLPI	D	0.39%
NABL	D	0.39%
NSIT	A	0.39%
RNR	C	0.39%
HSIC	D	0.38%
SIGI	F	0.38%
FHI	D	0.38%
FIZZ	D	0.38%
WTW	D	0.38%
TAP	F	0.38%
DVAX	D	0.38%
JNPR	D	0.38%
CBOE	C	0.38%
ENSG	D	0.38%
CLX	F	0.38%
ORLY	D	0.38%
TR	F	0.38%
CAH	F	0.38%
JAZZ	D	0.38%
WRB	D	0.38%
MCD	F	0.38%
ERIE	C	0.38%
ABT	F	0.37%
ABBV	D	0.37%
HXL	C	0.37%
PFGC	D	0.37%
GILD	F	0.37%
BWXT	D	0.37%
SAIC	C	0.37%
DECK	D	0.37%
AVAV	A	0.37%
MOH	D	0.36%
CHE	D	0.36%
AON	F	0.36%
MCS	F	0.35%
AGO	D	0.35%
NEU	D	0.35%
MANH	D	0.34%
LW	F	0.34%
OSUR	F	0.32%
CVS	F	0.31%
ULTA	F	0.3%
KNSL	D	0.28%

SIXL Underweight 355 Positions Relative to SMLV

Symbol	Grade	Weight
NNI	B	-1.66%
PJT	B	-1.43%
CBU	B	-1.37%
ONB	A	-1.35%
ESGR	B	-1.25%
PRK	A	-1.23%
CHCO	B	-1.22%
NBTB	B	-1.22%
VIRT	B	-1.17%
MGRC	D	-1.13%
IBOC	A	-1.09%
FFIN	C	-1.06%
NWBI	C	-1.06%
GCMG	A	-1.02%
BUSE	B	-1.01%
TOWN	B	-1.0%
WABC	B	-0.99%
NBHC	C	-0.99%
CNO	B	-0.97%
TRMK	A	-0.96%
FULT	A	-0.95%
BLX	B	-0.9%
FCF	B	-0.9%
HOMB	B	-0.9%
AGM	C	-0.89%
EFSC	B	-0.87%
WAFD	B	-0.87%
SYBT	B	-0.85%
EVTC	F	-0.84%
WSBC	C	-0.84%
NIC	D	-0.83%
GBCI	C	-0.82%
LKFN	D	-0.82%
STBA	B	-0.81%
PEBO	B	-0.79%
PAX	F	-0.77%
CVII	A	-0.76%
SASR	B	-0.76%
EQC	B	-0.74%
SFNC	D	-0.74%
QCRH	C	-0.74%
OBK	B	-0.73%
SRCE	B	-0.72%
GABC	D	-0.71%
SBSI	D	-0.63%
LBAI	B	-0.62%
BRKL	D	-0.6%
CTBI	B	-0.6%
BFC	C	-0.57%
FBMS	D	-0.56%
FMBH	B	-0.53%
HFWA	B	-0.52%
NFG	A	-0.52%
UVSP	A	-0.51%
TRIN	B	-0.51%
BHRB	F	-0.5%
TMP	D	-0.49%
CFFN	D	-0.49%
FCBC	B	-0.44%
TRST	B	-0.41%
CATC	B	-0.39%
GSBC	B	-0.38%
SLAM	A	-0.35%
FMNB	D	-0.35%
MCBS	B	-0.35%
CAC	B	-0.35%
THFF	B	-0.34%
HONE	B	-0.33%
DHIL	C	-0.33%
CCNE	C	-0.32%
HTBI	B	-0.31%
BHB	B	-0.31%
AROW	C	-0.31%
ALRS	D	-0.3%
MCBC	A	-0.3%
EBF	B	-0.28%
CCBG	D	-0.28%
NFBK	D	-0.28%
ESQ	B	-0.27%
GLRE	A	-0.26%
KRNY	F	-0.26%
SMBK	C	-0.25%
ARTNA	C	-0.25%
SPFI	B	-0.25%
MPB	B	-0.24%
SBR	C	-0.23%
PNM	C	-0.23%
FMAO	B	-0.22%
FBIZ	C	-0.22%
AIRC	A	-0.22%
BSRR	B	-0.22%
BKH	B	-0.22%
HIFS	C	-0.22%
SLGN	B	-0.21%
PECO	D	-0.21%
HBCP	B	-0.21%
ORRF	B	-0.21%
PFIS	F	-0.21%
CZNC	D	-0.21%
MGEE	B	-0.21%
ACNB	F	-0.21%
GNTY	B	-0.2%
WTBA	D	-0.2%
EBTC	D	-0.19%
AGX	A	-0.19%
BWB	B	-0.19%
FSBC	D	-0.19%
DEA	B	-0.18%
GPOR	C	-0.18%
VLGEA	A	-0.18%
TRC	D	-0.18%
SXT	A	-0.18%
PSTL	C	-0.18%
FLIC	D	-0.17%
FNLC	D	-0.17%
FRST	D	-0.17%
ICFI	C	-0.16%
WSBF	B	-0.16%
TRS	B	-0.16%
FSBW	D	-0.16%
HTLD	F	-0.15%
CSR	B	-0.15%
NTST	C	-0.15%
WERN	D	-0.15%
UTMD	F	-0.15%
AFCG	B	-0.15%
FELE	D	-0.15%
SCL	C	-0.15%
CTO	B	-0.15%
BMI	A	-0.14%
CBZ	C	-0.14%
SMP	C	-0.14%
CHCT	F	-0.14%
CSWI	A	-0.14%
COLM	B	-0.14%
LXP	D	-0.14%
EXPO	B	-0.14%
CBNK	D	-0.14%
PKE	D	-0.14%
BCAL	F	-0.13%
GENC	B	-0.13%
RGP	F	-0.13%
HCC	B	-0.13%
MRTN	D	-0.13%
ACA	B	-0.13%
ASH	A	-0.13%
GATX	C	-0.13%
UNF	D	-0.13%
GEF	D	-0.13%
BNL	C	-0.13%
PLXS	B	-0.12%
NHI	A	-0.12%
FSS	B	-0.12%
GOOD	A	-0.12%
GHC	A	-0.11%
SXC	D	-0.11%
GRC	F	-0.11%
ESE	B	-0.11%
MLR	A	-0.11%
HNI	A	-0.11%
BHE	A	-0.11%
KREF	F	-0.11%
HUBG	B	-0.11%
AROC	B	-0.11%
SNDR	D	-0.11%
LNN	C	-0.11%
UFPT	B	-0.11%
NOMD	D	-0.11%
VAL	C	-0.11%
CASS	D	-0.11%
CSGS	F	-0.11%
UHT	C	-0.11%
OSIS	D	-0.11%
VMI	B	-0.11%
WINA	C	-0.1%
ROAD	D	-0.1%
CMPO	B	-0.1%
PBT	D	-0.1%
AHH	B	-0.1%
PCH	D	-0.1%
BFS	F	-0.1%
BLKB	B	-0.1%
MWA	A	-0.1%
KW	C	-0.1%
IOSP	C	-0.1%
ALG	D	-0.1%
ARKO	F	-0.1%
HCKT	F	-0.1%
MSGS	B	-0.1%
TNC	D	-0.1%
HIW	B	-0.1%
VPG	F	-0.09%
APLE	F	-0.09%
SXI	D	-0.09%
HWKN	B	-0.09%
AVT	A	-0.09%
FTDR	B	-0.09%
NCNO	D	-0.09%
DNB	D	-0.09%
JBGS	F	-0.09%
RUSHA	D	-0.09%
KFRC	D	-0.09%
FPI	C	-0.09%
SFL	A	-0.09%
MOG.A	A	-0.09%
DEI	B	-0.09%
MGIC	B	-0.09%
DRQ	F	-0.09%
TRNS	A	-0.09%
GMRE	D	-0.09%
MTX	A	-0.09%
IRT	B	-0.09%
DORM	D	-0.09%
CUZ	B	-0.09%
MYRG	D	-0.08%
ABM	B	-0.08%
PRIM	A	-0.08%
HUN	C	-0.08%
EPAC	B	-0.08%
LAUR	A	-0.08%
KAI	D	-0.08%
MEI	F	-0.08%
CRI	F	-0.08%
FORR	F	-0.08%
ACIW	A	-0.08%
RDWR	C	-0.08%
ECVT	D	-0.08%
ENS	B	-0.08%
CENT	D	-0.08%
HSII	C	-0.08%
CMCO	B	-0.08%
LILAK	B	-0.08%
PAHC	A	-0.08%
VSH	C	-0.08%
AZZ	C	-0.08%
CTS	A	-0.08%
CNNE	D	-0.08%
GPRK	B	-0.08%
CACC	D	-0.08%
APOG	A	-0.08%
RNGR	D	-0.08%
SRCL	D	-0.08%
PLOW	D	-0.08%
DK	D	-0.08%
MLAB	B	-0.07%
SQSP	A	-0.07%
AIN	D	-0.07%
ICUI	F	-0.07%
HURN	F	-0.07%
LIVN	B	-0.07%
AMSWA	F	-0.07%
NRC	F	-0.07%
SHOO	D	-0.07%
ATNI	F	-0.07%
MATW	D	-0.07%
JBT	F	-0.07%
JBI	D	-0.07%
ITRN	C	-0.07%
NATR	F	-0.07%
SPNS	B	-0.07%
WEYS	F	-0.07%
SANM	B	-0.07%
TTMI	A	-0.07%
SUPN	D	-0.07%
SPOK	F	-0.07%
HAE	B	-0.07%
AMN	C	-0.07%
FSTR	C	-0.07%
FUL	C	-0.07%
PLUS	C	-0.07%
ENV	B	-0.07%
MODN	B	-0.07%
LZB	D	-0.07%
RLGT	F	-0.07%
CABO	F	-0.07%
ARCH	D	-0.07%
KN	B	-0.07%
BBSI	B	-0.07%
HOLI	D	-0.07%
AAP	D	-0.06%
USPH	D	-0.06%
SPB	C	-0.06%
NVST	F	-0.06%
IPGP	D	-0.06%
GPI	B	-0.06%
OXM	B	-0.06%
SCSC	A	-0.06%
VECO	B	-0.06%
HELE	F	-0.06%
VRNT	B	-0.06%
VIAV	F	-0.06%
HI	D	-0.06%
PZZA	F	-0.06%
ETD	D	-0.06%
SEM	A	-0.06%
WK	F	-0.06%
NVEC	F	-0.06%
XNCR	B	-0.06%
ASGN	D	-0.06%
BL	D	-0.06%
GLDD	C	-0.06%
TPH	A	-0.06%
KIDS	B	-0.06%
POWI	C	-0.06%
IRWD	F	-0.06%
CVCO	D	-0.06%
BOX	F	-0.06%
MNRO	F	-0.06%
OMCL	C	-0.06%
SATS	C	-0.06%
ZD	D	-0.06%
JOUT	F	-0.06%
FORM	A	-0.06%
CNXC	D	-0.06%
AVNS	D	-0.06%
MRCY	D	-0.06%
LEG	F	-0.05%
CBRL	F	-0.05%
RDNT	B	-0.05%
GKOS	B	-0.05%
BOWL	F	-0.05%
OGN	B	-0.05%
HLF	C	-0.05%
SHEN	D	-0.05%
CNMD	F	-0.05%
CEVA	D	-0.05%
AMPH	F	-0.05%
ALRM	D	-0.05%
IBEX	F	-0.05%
OFIX	C	-0.05%
ADMA	A	-0.05%
TTGT	F	-0.05%
CSV	C	-0.05%
MTRN	F	-0.05%
ARCO	C	-0.05%
ATEX	F	-0.05%
THRM	D	-0.05%
IART	F	-0.05%
ANIK	A	-0.05%
AEIS	D	-0.05%
IRMD	D	-0.05%
USNA	F	-0.05%
NEOG	F	-0.04%
INSM	D	-0.04%
IMTX	D	-0.04%
TBPH	C	-0.04%
HRMY	C	-0.04%
PTCT	C	-0.04%
SRDX	C	-0.04%
ZIP	F	-0.04%
AGIO	B	-0.04%
ACAD	F	-0.03%
ATRC	F	-0.03%
AZTA	D	-0.03%
RARE	F	-0.03%