SIXS vs. AFSM ETF Comparison

Comparison of 6 Meridian Small Cap Equity ETF (SIXS) to Active Factor Small Cap ETF (AFSM)

SIXS

6 Meridian Small Cap Equity ETF

SIXS 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 small-capitalization equity securities. The Sub-Adviser considers small-capitalization companies to be the smallest 75% of stocks included in the Russell 3000 Index by market capitalization. Although it invests primarily in small-capitalization securities, the fund may invest in equity securities of companies of any capitalization. The equity securities in which it invests are mainly common stocks.

Grade (RS Rating)

Last Trade

$46.42

Average Daily Volume

3,361

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AFSM

Active Factor Small Cap ETF

AFSM Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by small capitalization companies. The manager defines small capitalization companies as those that, at the time of investment, have a market capitalization between a minimum of $250 million and the maximum market capitalization of a widely recognized index of small capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$28.41

Average Daily Volume

5,783

Number of Holdings ^*

308

* may have additional holdings in another (foreign) market

Performance

Period	SIXS	AFSM
30 Days	-0.37%	-1.01%
60 Days	1.08%	-0.67%
90 Days	0.80%	4.99%
12 Months	18.56%	29.13%

34 Overlapping Holdings

Symbol	Grade	Weight in SIXS	Weight in AFSM	Overlap
ALKS	F	0.93%	0.82%	0.82%
ANDE	B	1.2%	0.32%	0.32%
ATEN	A	1.16%	0.05%	0.05%
BKE	D	1.03%	0.39%	0.39%
BRC	B	1.18%	0.14%	0.14%
CALM	D	2.32%	0.56%	0.56%
CCRN	F	1.11%	0.45%	0.45%
CORT	D	1.08%	0.25%	0.25%
CRC	F	1.17%	0.28%	0.28%
CRVL	C	1.16%	0.53%	0.53%
CTRE	B	1.16%	0.33%	0.33%
DNOW	D	1.16%	0.34%	0.34%
EIG	D	2.17%	0.06%	0.06%
GRBK	C	1.19%	0.5%	0.5%
HCC	B	1.34%	1.03%	1.03%
HCI	B	1.35%	0.3%	0.3%
HRMY	C	1.06%	0.36%	0.36%
INVA	B	2.29%	0.17%	0.17%
LRN	A	1.22%	0.27%	0.27%
MHO	D	1.11%	0.71%	0.71%
MLI	B	1.3%	0.72%	0.72%
MOV	D	1.08%	0.25%	0.25%
NHC	D	1.09%	0.52%	0.52%
NSIT	A	1.11%	0.38%	0.38%
PARR	F	1.05%	0.21%	0.21%
PFBC	A	1.17%	0.85%	0.85%
PLAB	C	1.1%	0.53%	0.53%
PRDO	A	2.45%	0.62%	0.62%
PRG	B	1.23%	0.31%	0.31%
SPTN	D	1.07%	0.03%	0.03%
TWI	F	1.03%	0.38%	0.38%
WABC	B	1.12%	0.21%	0.21%
WNC	F	1.01%	0.31%	0.31%
ZEUS	F	1.19%	0.05%	0.05%

SIXS Overweight 46 Positions Relative to AFSM

Symbol	Grade	Weight
COLL	C	2.24%
SM	B	1.31%
SLCA	A	1.3%
VRRM	A	1.27%
NPK	A	1.26%
WRLD	B	1.26%
RGR	C	1.24%
HP	F	1.2%
AVA	B	1.2%
UVV	B	1.19%
CVI	F	1.18%
NWN	B	1.18%
AX	A	1.17%
OGN	B	1.17%
JBSS	F	1.16%
SMPL	B	1.16%
CLW	B	1.16%
GDEN	F	1.16%
AEL	A	1.15%
HAFC	C	1.15%
VRTS	D	1.15%
GTY	C	1.14%
PMT	A	1.14%
SAFT	C	1.14%
RES	F	1.13%
ENVA	B	1.12%
ATGE	A	1.12%
LQDT	D	1.11%
MMSI	B	1.11%
HSTM	B	1.11%
SPNT	C	1.11%
PBH	D	1.11%
SCSC	C	1.1%
JJSF	F	1.1%
AMBC	D	1.09%
PRGS	F	1.09%
TR	F	1.08%
ENSG	D	1.06%
MCS	F	1.06%
WOR	D	1.04%
CCOI	F	1.01%
WDFC	D	0.99%
PCRX	F	0.98%
AMSF	F	0.98%
FIZZ	D	0.95%
OSUR	D	0.85%

SIXS Underweight 274 Positions Relative to AFSM

Symbol	Grade	Weight
BCC	D	-1.16%
ELF	D	-1.09%
ESGR	B	-0.92%
FIX	C	-0.91%
DDS	B	-0.87%
WIRE	A	-0.83%
CAL	D	-0.81%
WFRD	B	-0.8%
ANF	C	-0.79%
TNK	B	-0.78%
MTG	C	-0.77%
MOD	B	-0.76%
KBH	B	-0.76%
SMCI	D	-0.75%
ATKR	B	-0.73%
STRL	D	-0.7%
EME	A	-0.7%
LPG	B	-0.69%
CPRX	D	-0.68%
AROC	B	-0.66%
PLUS	C	-0.66%
ARCH	D	-0.66%
TMHC	C	-0.65%
GMS	C	-0.65%
GNK	A	-0.64%
PBF	C	-0.64%
MATX	B	-0.63%
AMR	D	-0.63%
SLVM	A	-0.63%
SSD	D	-0.61%
BMI	A	-0.6%
CNXN	D	-0.6%
OTTR	B	-0.59%
SANM	B	-0.59%
AMPH	F	-0.59%
TEX	D	-0.59%
OFG	A	-0.57%
SKT	D	-0.57%
SIG	C	-0.57%
MUSA	D	-0.57%
APPF	C	-0.57%
NTB	A	-0.57%
BXC	D	-0.55%
TNC	D	-0.55%
DFIN	A	-0.55%
BRBR	C	-0.54%
UFPT	A	-0.54%
IDCC	C	-0.54%
BKU	B	-0.53%
BDC	C	-0.53%
CHCO	B	-0.52%
CEIX	F	-0.51%
POWL	B	-0.51%
RDN	C	-0.5%
HUBG	C	-0.5%
UVE	B	-0.49%
LGND	D	-0.48%
SKYW	A	-0.48%
OPCH	F	-0.48%
BTU	F	-0.46%
HURN	F	-0.46%
EGBN	F	-0.46%
FDP	D	-0.46%
STBA	B	-0.45%
TGNA	D	-0.45%
WINA	C	-0.45%
NAVI	D	-0.45%
MEDP	D	-0.45%
HIBB	A	-0.43%
GMED	D	-0.43%
RMR	B	-0.43%
ANIP	C	-0.4%
FBP	A	-0.39%
MD	D	-0.39%
ASC	A	-0.39%
QLYS	D	-0.39%
SPNS	B	-0.38%
VNDA	B	-0.38%
BPMC	A	-0.38%
VSH	C	-0.38%
ODP	C	-0.37%
CWCO	D	-0.37%
NTCT	F	-0.37%
PINC	F	-0.37%
INMD	F	-0.36%
CBZ	D	-0.36%
CADE	B	-0.36%
ALRM	D	-0.36%
GEO	B	-0.35%
ABG	F	-0.35%
COOP	A	-0.35%
CVLT	A	-0.34%
ONTO	A	-0.34%
ADUS	C	-0.34%
M	C	-0.34%
ARCB	F	-0.34%
KOP	F	-0.33%
SCS	D	-0.33%
MTH	A	-0.33%
UFPI	C	-0.33%
APOG	A	-0.33%
CMC	C	-0.33%
MRVI	C	-0.32%
HIW	A	-0.32%
CVBF	D	-0.32%
ALE	A	-0.32%
WTS	C	-0.32%
ETD	F	-0.31%
IBOC	A	-0.31%
AMRK	A	-0.31%
LOPE	C	-0.31%
MCY	A	-0.3%
HRB	D	-0.3%
REZI	D	-0.3%
VRNS	D	-0.3%
VRNT	C	-0.3%
HLNE	A	-0.3%
RHP	D	-0.3%
IIPR	A	-0.3%
PSN	D	-0.3%
ASTH	D	-0.29%
AMWD	D	-0.29%
MED	F	-0.29%
MOG.A	A	-0.29%
SFL	A	-0.28%
NMIH	A	-0.28%
HWKN	A	-0.28%
CRS	A	-0.28%
KFY	D	-0.28%
NHI	A	-0.27%
MAC	D	-0.27%
PDM	B	-0.27%
AMKR	C	-0.27%
BELFB	B	-0.27%
BKH	B	-0.27%
HSII	D	-0.26%
ITCI	C	-0.26%
RAMP	D	-0.26%
MITK	C	-0.26%
OSIS	C	-0.26%
STRA	A	-0.26%
HLX	B	-0.26%
CUZ	A	-0.26%
SUPN	D	-0.26%
NSSC	B	-0.26%
SLG	B	-0.25%
RMBS	F	-0.25%
DAKT	B	-0.25%
ACT	A	-0.25%
XRX	F	-0.25%
HAE	A	-0.25%
CATY	D	-0.25%
DFH	D	-0.24%
SD	C	-0.24%
DHT	A	-0.24%
WGO	F	-0.24%
COKE	B	-0.24%
RLI	D	-0.24%
SBRA	B	-0.24%
PK	D	-0.24%
THFF	B	-0.24%
HIMS	D	-0.23%
DUOL	A	-0.23%
CASH	B	-0.23%
KFRC	D	-0.22%
TMDX	A	-0.22%
IIIN	D	-0.22%
CMPR	D	-0.21%
PFS	B	-0.21%
WMK	D	-0.21%
DOLE	B	-0.21%
RXST	A	-0.21%
CCS	D	-0.21%
UE	B	-0.21%
TBBK	F	-0.21%
AVNS	D	-0.21%
BRZE	D	-0.2%
VGR	F	-0.2%
SITC	C	-0.2%
EPR	D	-0.2%
INSW	A	-0.2%
IDYA	D	-0.2%
LNTH	B	-0.19%
BASE	D	-0.19%
STNG	A	-0.19%
HDSN	F	-0.19%
RYI	F	-0.19%
KNSA	C	-0.19%
EXTR	F	-0.19%
HOV	B	-0.19%
KRC	D	-0.19%
QTRX	F	-0.19%
IMXI	D	-0.19%
BPOP	A	-0.18%
TCMD	F	-0.18%
CLSK	C	-0.17%
PIPR	A	-0.17%
LMAT	A	-0.17%
NUS	F	-0.17%
FWRD	F	-0.17%
MIRM	D	-0.17%
COHU	F	-0.17%
ASIX	F	-0.16%
SIGA	A	-0.16%
CHRD	B	-0.16%
MXL	D	-0.16%
AXSM	C	-0.16%
INTA	F	-0.16%
IMKTA	F	-0.16%
IRWD	F	-0.16%
LXU	C	-0.15%
LQDA	D	-0.15%
OSCR	A	-0.15%
ALXO	B	-0.14%
OMI	F	-0.14%
AYI	C	-0.13%
CECO	C	-0.13%
LBRT	B	-0.12%
AIT	C	-0.11%
NEO	D	-0.11%
FOR	D	-0.11%
ALKT	A	-0.1%
ROCK	D	-0.1%
SPSC	C	-0.1%
YELP	C	-0.1%
ASO	D	-0.1%
ESNT	D	-0.09%
ACAD	F	-0.09%
YEXT	F	-0.09%
CSGS	F	-0.08%
KRYS	D	-0.08%
KN	B	-0.08%
CABA	F	-0.08%
AMN	D	-0.07%
KTB	B	-0.07%
TPH	A	-0.07%
VCTR	A	-0.07%
CRAI	B	-0.07%
SFM	A	-0.07%
VSTO	A	-0.06%
JWN	B	-0.06%
SQSP	B	-0.06%
GES	B	-0.06%
KAI	D	-0.06%
TGTX	C	-0.06%
BECN	B	-0.06%
OPI	C	-0.06%
TNET	F	-0.06%
OVV	B	-0.06%
JBI	D	-0.06%
MLKN	D	-0.05%
INDB	C	-0.05%
PRK	A	-0.05%
CRUS	C	-0.05%
FIBK	B	-0.05%
VCEL	C	-0.05%
KSS	F	-0.05%
OGS	B	-0.05%
HVT	F	-0.05%
CTS	A	-0.05%
GFF	C	-0.05%
UNFI	F	-0.05%
APAM	D	-0.05%
GCO	F	-0.04%
SIBN	F	-0.04%
TDC	F	-0.04%
DVAX	D	-0.04%
PHR	D	-0.04%
EGRX	F	-0.04%
EMBC	F	-0.04%
EOLS	D	-0.04%
VSCO	F	-0.03%
EYPT	D	-0.02%
AKR	B	-0.0%