VLUE vs. SIXL ETF Comparison

Comparison of iShares MSCI USA Value Factor (VLUE) to 6 Meridian Low Beta Equity Strategy ETF (SIXL)

VLUE

iShares MSCI USA Value Factor

VLUE Description

The investment seeks to track the performance of MSCI USA Value Weighted Index that measures the performance of U.S. large- and mid-capitalization stocks with value characteristics and relatively lower valuations, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Value Weighted Index (the "underlying index") is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid- capitalization stocks.

Grade (RS Rating)

Last Trade

$103.05

Average Daily Volume

358,716

Number of Holdings ^*

150

* may have additional holdings in another (foreign) market

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

5,941

Number of Holdings ^*

237

* may have additional holdings in another (foreign) market

Performance

Period	VLUE	SIXL
30 Days	-3.14%	2.34%
60 Days	-1.66%	2.52%
90 Days	2.81%	5.19%
12 Months	19.10%	10.37%

20 Overlapping Holdings

Symbol	Grade	Weight in VLUE	Weight in SIXL	Overlap
CAG	B	0.3%	0.46%	0.3%
CNC	C	0.69%	0.4%	0.4%
CVS	F	1.47%	0.31%	0.31%
DGX	B	0.17%	0.44%	0.17%
ED	A	0.39%	0.44%	0.39%
EG	C	0.14%	0.41%	0.14%
ELV	A	1.29%	0.43%	0.43%
EVRG	B	0.22%	0.44%	0.22%
GILD	F	0.88%	0.37%	0.37%
JAZZ	F	0.12%	0.38%	0.12%
JNPR	D	0.3%	0.38%	0.3%
KHC	C	0.95%	0.43%	0.43%
KR	D	0.79%	0.45%	0.45%
MO	A	1.23%	0.44%	0.44%
PPL	A	0.32%	0.43%	0.32%
RTX	A	1.92%	0.47%	0.47%
T	B	4.86%	0.4%	0.4%
TAP	F	0.37%	0.38%	0.37%
UTHR	A	0.09%	0.45%	0.09%
VZ	D	1.77%	0.4%	0.4%

VLUE Overweight 130 Positions Relative to SIXL

Symbol	Grade	Weight
CSCO	D	4.8%
INTC	F	4.71%
GM	A	3.77%
IBM	D	3.16%
AMAT	C	2.88%
PFE	C	2.43%
F	D	2.35%
WFC	A	2.23%
C	A	2.05%
LEN	C	1.79%
BAC	A	1.73%
DHI	D	1.57%
NXPI	A	1.52%
CI	C	1.49%
BMY	F	1.43%
GS	A	1.34%
FDX	D	1.18%
PHM	B	1.16%
HPE	D	1.13%
VLO	D	0.99%
CTSH	D	0.94%
TEL	B	0.92%
FANG	B	0.92%
DELL	B	0.89%
HPQ	C	0.89%
URI	C	0.87%
SPG	C	0.85%
GLW	B	0.85%
ON	F	0.77%
PCAR	D	0.76%
ADM	C	0.71%
WY	D	0.7%
AIG	A	0.69%
COF	C	0.68%
CBRE	D	0.63%
WBD	F	0.59%
BLDR	D	0.57%
NUE	D	0.55%
LHX	A	0.54%
TFC	A	0.54%
TSN	C	0.54%
PCG	B	0.53%
JCI	B	0.53%
CMI	B	0.51%
MCHP	C	0.51%
MRO	C	0.49%
SWKS	F	0.49%
CTRA	B	0.47%
WBA	F	0.47%
MET	C	0.47%
NTAP	B	0.47%
PRU	A	0.46%
BK	A	0.44%
OVV	D	0.44%
EXPE	F	0.43%
OC	A	0.43%
FIS	C	0.42%
BBY	D	0.4%
VTRS	D	0.4%
WAB	A	0.38%
NRG	A	0.36%
BWA	B	0.35%
USB	D	0.34%
D	A	0.34%
DOW	B	0.33%
PARA	C	0.32%
EQT	C	0.31%
LKQ	F	0.31%
QRVO	F	0.28%
TXT	D	0.28%
LEA	D	0.27%
GPN	F	0.27%
CFG	A	0.26%
LYB	C	0.26%
STLD	D	0.26%
FFIV	D	0.25%
GEN	D	0.25%
FOXA	B	0.25%
FSLR	B	0.24%
MTB	A	0.24%
SSNC	C	0.24%
SJM	F	0.24%
FITB	A	0.23%
HIG	C	0.23%
LBTYK	D	0.22%
DAL	A	0.22%
STT	B	0.22%
LH	D	0.22%
CHK	C	0.21%
APA	F	0.21%
SYF	A	0.21%
LDOS	A	0.21%
DINO	D	0.21%
Z	F	0.21%
KNX	D	0.19%
ZM	F	0.19%
ES	B	0.19%
RF	B	0.19%
AZPN	C	0.18%
RPRX	F	0.17%
CNHI	F	0.17%
SNA	D	0.17%
WRK	A	0.17%
JBL	F	0.17%
ALLY	B	0.16%
UHS	C	0.16%
MOS	F	0.16%
EQH	A	0.14%
FBIN	D	0.14%
L	A	0.14%
UHAL	B	0.14%
FOX	B	0.13%
HBAN	A	0.13%
KEY	C	0.13%
HII	D	0.13%
CF	F	0.13%
NLY	A	0.13%
CLF	F	0.13%
ACI	D	0.12%
ALB	C	0.12%
LUV	F	0.11%
TWLO	D	0.11%
IP	C	0.1%
EMN	A	0.09%
FNF	B	0.09%
DVA	B	0.08%
DAR	D	0.08%
LSXMK	F	0.08%
WLK	B	0.07%
BEN	D	0.06%

VLUE Underweight 217 Positions Relative to SIXL

Symbol	Grade	Weight
PRDO	B	-0.57%
VST	A	-0.54%
PRGO	D	-0.49%
WWD	A	-0.47%
ATEN	B	-0.47%
GDDY	A	-0.47%
SFM	A	-0.47%
K	B	-0.47%
HCI	C	-0.47%
MCY	A	-0.47%
KDP	A	-0.47%
AVA	B	-0.46%
FLO	B	-0.46%
CWT	B	-0.46%
NPK	A	-0.46%
STRA	A	-0.46%
VRRM	A	-0.46%
XEL	C	-0.46%
SMPL	B	-0.46%
PPC	A	-0.46%
LRN	B	-0.46%
PEG	A	-0.45%
IDA	B	-0.45%
CVX	A	-0.45%
EPRT	A	-0.45%
CW	A	-0.45%
XOM	B	-0.45%
CORT	C	-0.45%
EHC	A	-0.45%
CACI	A	-0.45%
IRDM	D	-0.45%
KMB	B	-0.45%
ATGE	A	-0.45%
RGLD	B	-0.45%
SO	A	-0.45%
MKC	C	-0.45%
RGR	F	-0.45%
DUK	A	-0.44%
NBIX	C	-0.44%
LTC	A	-0.44%
CPB	B	-0.44%
CPK	B	-0.44%
UVV	B	-0.44%
OGS	D	-0.44%
PGR	A	-0.44%
CL	A	-0.44%
LMT	A	-0.44%
BSX	A	-0.44%
WEN	C	-0.44%
HMN	C	-0.44%
FDP	F	-0.44%
DTM	A	-0.44%
CTRE	C	-0.44%
PNW	B	-0.44%
PEP	B	-0.44%
KBR	B	-0.44%
WTRG	B	-0.44%
BRC	B	-0.43%
WING	A	-0.43%
OGE	A	-0.43%
ATO	B	-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%
NWN	B	-0.43%
CNP	B	-0.43%
KO	A	-0.43%
UNH	B	-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%
NWE	B	-0.43%
GD	A	-0.43%
CASY	A	-0.43%
MASI	D	-0.43%
CVLT	A	-0.43%
ALE	B	-0.43%
MCK	A	-0.42%
POST	B	-0.42%
UTL	B	-0.42%
OHI	C	-0.42%
INVA	C	-0.42%
PINC	F	-0.42%
EPC	B	-0.42%
RSG	C	-0.42%
EZPW	D	-0.42%
AEL	A	-0.42%
SR	B	-0.42%
SAFT	B	-0.42%
CMS	A	-0.42%
GTY	B	-0.42%
BDX	F	-0.42%
ATR	A	-0.42%
AWR	B	-0.42%
ANIP	D	-0.42%
HSTM	B	-0.42%
COLL	C	-0.42%
WEC	B	-0.42%
PG	A	-0.42%
NOC	C	-0.42%
MMSI	B	-0.42%
AEE	B	-0.42%
RDN	C	-0.42%
TMUS	B	-0.41%
MDLZ	C	-0.41%
AMBC	A	-0.41%
LMAT	A	-0.41%
WMT	B	-0.41%
PSMT	A	-0.41%
EXEL	F	-0.41%
HQY	D	-0.41%
INGR	A	-0.41%
GO	F	-0.41%
VRSK	B	-0.41%
ADUS	A	-0.41%
THG	A	-0.41%
JBSS	C	-0.41%
AMED	A	-0.41%
WM	A	-0.41%
ARMK	C	-0.41%
OLLI	B	-0.41%
FCPT	B	-0.41%
PBH	D	-0.41%
CB	C	-0.41%
LQDT	B	-0.41%
CHH	F	-0.41%
DTE	A	-0.41%
NNN	A	-0.41%
LOPE	B	-0.41%
TGNA	B	-0.41%
AMGN	B	-0.41%
CALM	D	-0.41%
IDCC	B	-0.4%
REGN	C	-0.4%
MUSA	C	-0.4%
RLI	B	-0.4%
LLY	C	-0.4%
SPNT	C	-0.4%
DFIN	C	-0.4%
USFD	B	-0.4%
CRC	F	-0.4%
AIZ	C	-0.4%
SJW	C	-0.4%
WPC	C	-0.4%
NARI	D	-0.4%
DLB	C	-0.4%
SPTN	D	-0.4%
PSX	D	-0.4%
NHC	B	-0.4%
MORN	D	-0.39%
SYY	D	-0.39%
LANC	D	-0.39%
JNJ	F	-0.39%
SAM	F	-0.39%
CME	C	-0.39%
WU	D	-0.39%
MDT	C	-0.39%
PDCO	D	-0.39%
BRBR	C	-0.39%
VREX	F	-0.39%
PRGS	F	-0.39%
SCHL	D	-0.39%
NTCT	F	-0.39%
EIG	C	-0.39%
ITGR	D	-0.39%
ELS	D	-0.39%
JJSF	B	-0.39%
GLPI	D	-0.39%
NABL	D	-0.39%
NSIT	A	-0.39%
RNR	D	-0.39%
HSIC	C	-0.38%
SIGI	F	-0.38%
FHI	D	-0.38%
FIZZ	D	-0.38%
WTW	D	-0.38%
DVAX	F	-0.38%
CBOE	C	-0.38%
ENSG	D	-0.38%
CLX	D	-0.38%
ORLY	D	-0.38%
TR	D	-0.38%
CAH	F	-0.38%
WRB	D	-0.38%
MCD	F	-0.38%
ERIE	C	-0.38%
CCOI	F	-0.37%
ABT	F	-0.37%
ABBV	D	-0.37%
AMSF	D	-0.37%
HXL	C	-0.37%
PFGC	D	-0.37%
BWXT	D	-0.37%
SAIC	B	-0.37%
WDFC	D	-0.37%
PCRX	D	-0.37%
DECK	D	-0.37%
AVAV	A	-0.37%
MOH	D	-0.36%
CHE	D	-0.36%
AON	D	-0.36%
MCS	F	-0.35%
AGO	D	-0.35%
NEU	D	-0.35%
MANH	D	-0.34%
ALKS	F	-0.34%
LW	F	-0.34%
OSUR	F	-0.32%
ULTA	F	-0.3%
KNSL	F	-0.28%