SIXL vs. USMV ETF Comparison
Comparison of 6 Meridian Low Beta Equity Strategy ETF (SIXL) to iShares MSCI USA Minimum Volatility ETF (USMV)
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
$39.21
Average Daily Volume
3,129
Number of Holdings
*
238
* may have additional holdings in another (foreign) market
USMV
iShares MSCI USA Minimum Volatility ETF
USMV Description
The investment seeks the investment results of an index composed of U.S. equities that, in the aggregate, have lower volatility characteristics relative to the broader U.S. equity market. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. The underlying index follows a rules-based methodology to determine weights for securities in the index that seeks to minimize total risk of the MSCI USA Index. Components primarily include consumer staples, healthcare and information technology companies. The fund is non-diversified.Grade (RS Rating)
Last Trade
$93.88
Average Daily Volume
1,656,770
Number of Holdings
*
170
* may have additional holdings in another (foreign) market
Performance
| Period | SIXL | USMV |
|---|---|---|
| 30 Days | 5.79% | 3.16% |
| 60 Days | 5.61% | 3.21% |
| 90 Days | 6.07% | 4.20% |
| 12 Months | 23.66% | 25.83% |
67 Overlapping Holdings
| Symbol | Grade | Weight in SIXL | Weight in USMV | Overlap | |
|---|---|---|---|---|---|
| ABBV | D | 0.34% | 1.04% | 0.34% | |
| ABT | B | 0.41% | 0.09% | 0.09% | |
| ACGL | D | 0.35% | 0.68% | 0.35% | |
| AEE | A | 0.44% | 0.24% | 0.24% | |
| AEP | D | 0.38% | 0.39% | 0.38% | |
| AFG | A | 0.42% | 0.35% | 0.35% | |
| AJG | A | 0.4% | 1.27% | 0.4% | |
| ATO | A | 0.45% | 0.06% | 0.06% | |
| BMRN | F | 0.29% | 0.22% | 0.22% | |
| CB | D | 0.4% | 1.47% | 0.4% | |
| CBOE | B | 0.39% | 0.85% | 0.39% | |
| CHD | B | 0.42% | 0.4% | 0.4% | |
| CI | D | 0.36% | 0.21% | 0.21% | |
| CL | D | 0.35% | 0.41% | 0.35% | |
| CME | A | 0.41% | 0.53% | 0.41% | |
| CMS | C | 0.4% | 0.19% | 0.19% | |
| CVX | B | 0.46% | 0.34% | 0.34% | |
| DGX | B | 0.42% | 0.11% | 0.11% | |
| DTE | C | 0.39% | 0.2% | 0.2% | |
| DUK | C | 0.39% | 1.49% | 0.39% | |
| ED | D | 0.37% | 1.13% | 0.37% | |
| ELV | F | 0.3% | 0.52% | 0.3% | |
| EOG | C | 0.45% | 0.17% | 0.17% | |
| ERIE | D | 0.33% | 0.42% | 0.33% | |
| GILD | B | 0.45% | 0.94% | 0.45% | |
| GIS | D | 0.33% | 0.66% | 0.33% | |
| HOLX | D | 0.39% | 0.16% | 0.16% | |
| HRL | D | 0.36% | 0.21% | 0.21% | |
| HSY | F | 0.34% | 0.3% | 0.3% | |
| INCY | C | 0.5% | 0.53% | 0.5% | |
| JNJ | D | 0.38% | 1.18% | 0.38% | |
| JNPR | F | 0.37% | 0.45% | 0.37% | |
| K | A | 0.4% | 0.8% | 0.4% | |
| KDP | D | 0.34% | 0.59% | 0.34% | |
| KHC | D | 0.35% | 0.38% | 0.35% | |
| KMB | C | 0.37% | 0.21% | 0.21% | |
| KO | D | 0.35% | 0.1% | 0.1% | |
| KR | A | 0.44% | 0.61% | 0.44% | |
| LMT | D | 0.37% | 0.82% | 0.37% | |
| MCK | C | 0.49% | 1.35% | 0.49% | |
| MDLZ | F | 0.34% | 0.44% | 0.34% | |
| MMC | A | 0.39% | 1.11% | 0.39% | |
| MOH | F | 0.36% | 0.18% | 0.18% | |
| MRK | F | 0.33% | 1.01% | 0.33% | |
| NBIX | C | 0.39% | 0.32% | 0.32% | |
| NOC | D | 0.38% | 1.43% | 0.38% | |
| ORLY | B | 0.43% | 0.68% | 0.43% | |
| PEP | F | 0.36% | 1.01% | 0.36% | |
| PG | A | 0.39% | 1.23% | 0.39% | |
| PGR | A | 0.41% | 1.67% | 0.41% | |
| RSG | A | 0.41% | 1.55% | 0.41% | |
| RTX | D | 0.4% | 0.09% | 0.09% | |
| SO | D | 0.4% | 1.35% | 0.4% | |
| T | A | 0.44% | 0.74% | 0.44% | |
| TMUS | A | 0.49% | 1.95% | 0.49% | |
| TRV | B | 0.45% | 1.15% | 0.45% | |
| UNH | B | 0.39% | 1.34% | 0.39% | |
| UTHR | C | 0.41% | 0.14% | 0.14% | |
| VRSK | A | 0.41% | 0.42% | 0.41% | |
| VZ | B | 0.41% | 1.35% | 0.41% | |
| WEC | A | 0.42% | 0.78% | 0.42% | |
| WM | A | 0.43% | 1.44% | 0.43% | |
| WMT | B | 0.44% | 1.78% | 0.44% | |
| WRB | A | 0.41% | 0.31% | 0.31% | |
| WTW | B | 0.43% | 0.38% | 0.38% | |
| XEL | A | 0.44% | 0.46% | 0.44% | |
| XOM | C | 0.43% | 0.45% | 0.43% |
SIXL Overweight 171 Positions Relative to USMV
| Symbol | Grade | Weight | |
|---|---|---|---|
| CXW | C | 0.65% | |
| MASI | A | 0.58% | |
| SFM | B | 0.57% | |
| UFCS | B | 0.55% | |
| EXEL | A | 0.55% | |
| UNM | A | 0.54% | |
| HQY | B | 0.54% | |
| DTM | B | 0.54% | |
| CALM | B | 0.54% | |
| BWXT | B | 0.53% | |
| BRBR | B | 0.52% | |
| LRN | B | 0.51% | |
| ATGE | B | 0.5% | |
| FHI | A | 0.5% | |
| PRDO | B | 0.5% | |
| MGEE | C | 0.49% | |
| X | C | 0.49% | |
| ETR | B | 0.49% | |
| ATEN | B | 0.49% | |
| MCY | B | 0.48% | |
| AMSF | B | 0.48% | |
| CW | B | 0.48% | |
| LQDT | B | 0.48% | |
| RHI | C | 0.48% | |
| TXRH | A | 0.48% | |
| MGY | B | 0.47% | |
| LOPE | B | 0.47% | |
| PRI | A | 0.47% | |
| AGO | A | 0.47% | |
| PPC | C | 0.46% | |
| DBX | C | 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 | A | 0.46% | |
| FDP | C | 0.46% | |
| HMN | B | 0.46% | |
| EIG | B | 0.45% | |
| BGC | C | 0.45% | |
| RAMP | C | 0.45% | |
| THG | C | 0.45% | |
| BJ | B | 0.45% | |
| SRE | A | 0.45% | |
| RBA | B | 0.45% | |
| RGA | A | 0.44% | |
| SAM | C | 0.44% | |
| CPK | A | 0.44% | |
| ATR | B | 0.44% | |
| PINC | B | 0.44% | |
| PBH | B | 0.44% | |
| MORN | A | 0.44% | |
| JAZZ | B | 0.44% | |
| AVAV | D | 0.44% | |
| SIGI | B | 0.44% | |
| HCI | B | 0.44% | |
| HSTM | B | 0.44% | |
| MCRI | A | 0.44% | |
| RYAN | A | 0.44% | |
| WWD | B | 0.43% | |
| WDFC | B | 0.43% | |
| EVRG | A | 0.43% | |
| COP | D | 0.43% | |
| LHX | C | 0.43% | |
| CAH | B | 0.43% | |
| MMSI | B | 0.43% | |
| ORI | A | 0.43% | |
| ALL | B | 0.43% | |
| MSGS | B | 0.43% | |
| CASY | B | 0.43% | |
| TKO | B | 0.43% | |
| EHC | B | 0.43% | |
| AM | B | 0.43% | |
| MANH | C | 0.43% | |
| OGE | A | 0.43% | |
| EPRT | B | 0.42% | |
| SUPN | C | 0.42% | |
| DLB | B | 0.42% | |
| BOX | A | 0.42% | |
| ITGR | A | 0.42% | |
| PNW | B | 0.42% | |
| DT | C | 0.42% | |
| EZPW | B | 0.42% | |
| PM | B | 0.42% | |
| AWR | B | 0.42% | |
| MO | A | 0.42% | |
| FIZZ | B | 0.42% | |
| NJR | A | 0.42% | |
| SPNT | B | 0.42% | |
| NFG | B | 0.42% | |
| PECO | B | 0.42% | |
| UVV | B | 0.42% | |
| DVAX | C | 0.42% | |
| PPL | B | 0.42% | |
| NWN | A | 0.42% | |
| WEN | D | 0.42% | |
| ALE | A | 0.41% | |
| SAFT | B | 0.41% | |
| ARMK | A | 0.41% | |
| ADC | B | 0.41% | |
| NPK | B | 0.41% | |
| TR | B | 0.41% | |
| MUSA | B | 0.41% | |
| NWE | A | 0.41% | |
| ALKS | B | 0.41% | |
| INGR | B | 0.41% | |
| AFL | B | 0.41% | |
| OLLI | C | 0.41% | |
| LTC | B | 0.41% | |
| STRA | C | 0.41% | |
| NYT | C | 0.4% | |
| INVA | D | 0.4% | |
| OHI | D | 0.4% | |
| JJSF | C | 0.4% | |
| WTRG | B | 0.4% | |
| KNSL | B | 0.4% | |
| UTL | B | 0.4% | |
| NEU | C | 0.4% | |
| AVA | B | 0.4% | |
| GTY | A | 0.4% | |
| MSA | C | 0.4% | |
| PDCO | D | 0.4% | |
| RNR | C | 0.4% | |
| LANC | C | 0.4% | |
| ENSG | D | 0.39% | |
| CHE | D | 0.39% | |
| CHRD | F | 0.39% | |
| BRC | C | 0.39% | |
| CCK | D | 0.39% | |
| FCPT | C | 0.39% | |
| FE | D | 0.38% | |
| AMH | C | 0.38% | |
| HRB | D | 0.38% | |
| GLPI | B | 0.38% | |
| CACI | D | 0.38% | |
| NHC | B | 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% | |
| BG | F | 0.37% | |
| SJW | D | 0.37% | |
| POST | B | 0.37% | |
| ADUS | D | 0.37% | |
| FLO | C | 0.37% | |
| KBR | F | 0.37% | |
| CWT | D | 0.37% | |
| NNN | D | 0.36% | |
| WU | D | 0.36% | |
| FCN | D | 0.36% | |
| MKC | D | 0.36% | |
| COKE | C | 0.36% | |
| ANIP | D | 0.36% | |
| JBSS | F | 0.35% | |
| VRRM | F | 0.35% | |
| AMT | D | 0.34% | |
| NABL | F | 0.33% | |
| SPTN | F | 0.33% | |
| CVI | F | 0.33% | |
| CNC | F | 0.33% | |
| CLW | D | 0.32% | |
| CAG | D | 0.32% | |
| THS | F | 0.31% | |
| COLL | F | 0.31% | |
| LPG | F | 0.29% | |
| KELYA | F | 0.28% | |
| CPRI | F | 0.24% |
SIXL Underweight 103 Positions Relative to USMV
| Symbol | Grade | Weight | |
|---|---|---|---|
| MSI | C | -1.81% | |
| IBM | C | -1.66% | |
| WCN | A | -1.56% | |
| BRK.A | B | -1.55% | |
| CSCO | A | -1.47% | |
| APH | B | -1.44% | |
| TXN | D | -1.39% | |
| MSFT | D | -1.34% | |
| ORCL | C | -1.31% | |
| ROP | B | -1.3% | |
| ACN | B | -1.29% | |
| MCD | D | -1.25% | |
| LLY | F | -1.25% | |
| AVGO | D | -1.19% | |
| GDDY | B | -1.0% | |
| AAPL | B | -0.99% | |
| AZO | C | -0.98% | |
| V | A | -0.9% | |
| EA | C | -0.89% | |
| FCNCA | B | -0.88% | |
| CTSH | B | -0.76% | |
| NOW | B | -0.75% | |
| TSN | B | -0.71% | |
| MA | B | -0.7% | |
| VRTX | D | -0.69% | |
| FI | A | -0.69% | |
| COR | C | -0.67% | |
| NVDA | C | -0.67% | |
| VRSN | F | -0.64% | |
| AMGN | D | -0.59% | |
| FICO | B | -0.59% | |
| REGN | F | -0.59% | |
| TDY | B | -0.57% | |
| BDX | F | -0.56% | |
| KEYS | B | -0.55% | |
| FANG | F | -0.55% | |
| FFIV | A | -0.55% | |
| MPC | F | -0.54% | |
| AON | A | -0.53% | |
| PTC | A | -0.52% | |
| YUM | B | -0.5% | |
| BMY | B | -0.49% | |
| NEM | F | -0.46% | |
| UBER | D | -0.45% | |
| TJX | A | -0.45% | |
| WDAY | C | -0.43% | |
| EG | C | -0.43% | |
| HUM | C | -0.4% | |
| BAH | F | -0.39% | |
| CMCSA | C | -0.39% | |
| AKAM | F | -0.39% | |
| CTVA | B | -0.38% | |
| ROL | B | -0.36% | |
| IT | C | -0.35% | |
| GEN | A | -0.35% | |
| CDW | F | -0.35% | |
| MKL | A | -0.34% | |
| GRMN | A | -0.33% | |
| CPB | D | -0.33% | |
| AIZ | B | -0.32% | |
| WMB | B | -0.31% | |
| GLW | B | -0.31% | |
| FWONK | A | -0.31% | |
| HD | A | -0.3% | |
| ANET | C | -0.29% | |
| ICE | D | -0.28% | |
| L | B | -0.28% | |
| HON | B | -0.25% | |
| HUBS | B | -0.24% | |
| ADI | D | -0.23% | |
| D | C | -0.23% | |
| AZPN | A | -0.23% | |
| ALNY | D | -0.22% | |
| NTAP | C | -0.22% | |
| TW | B | -0.2% | |
| PKG | B | -0.2% | |
| PFE | D | -0.2% | |
| DPZ | C | -0.19% | |
| CRWD | B | -0.19% | |
| CDNS | B | -0.18% | |
| MELI | C | -0.18% | |
| SNPS | B | -0.18% | |
| LIN | D | -0.16% | |
| STX | D | -0.16% | |
| GOOG | C | -0.16% | |
| AMZN | C | -0.14% | |
| MDT | D | -0.13% | |
| DELL | C | -0.12% | |
| HIG | B | -0.12% | |
| OXY | F | -0.12% | |
| LNT | A | -0.1% | |
| ADP | B | -0.09% | |
| OTIS | C | -0.07% | |
| TEL | B | -0.07% | |
| PSX | C | -0.06% | |
| FSLR | F | -0.06% | |
| KNX | B | -0.06% | |
| VLO | C | -0.05% | |
| BR | A | -0.05% | |
| CRM | B | -0.05% | |
| GD | F | -0.05% | |
| ULTA | F | -0.04% | |
| CVS | D | -0.04% |
SIXL: Top Represented Industries & Keywords
Industries:
Packaged Foods
Insurance - Property & Casualty
Utilities - Regulated Electric
Biotechnology
Aerospace & Defense
Utilities - Diversified
Beverages - Soft Drinks
Education & Training Services
Health Care Plans
Household & Personal Products
Oil & Gas E&P
Business Services
Drug Manufacturers - Major
Insurance - Specialty
Insurance Brokers
Medical Care
Medical Distribution
REIT - Diversified
REIT - Retail
Specialty Retail
USMV: Top Represented Industries & Keywords
Industries:
Software - Application
Utilities - Regulated Electric
Drug Manufacturers - Major
Biotechnology
Insurance - Property & Casualty
Business Services
Health Care Plans
Information Technology Services
Insurance Brokers
Packaged Foods
Software - Infrastructure
Specialty Retail
Aerospace & Defense
Household & Personal Products
Insurance - Diversified
Semiconductors
Beverages - Soft Drinks
Communication Equipment
Electronic Components
Financial Data & Stock Exchanges
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