(SIXL) 6 Meridian Low Beta Equity - Ratings and Ratios
Common Stocks, REITs, Equity Securities
Description: SIXL 6 Meridian Low Beta Equity
The 6 Meridian Low Beta Equity Strategy ETF (SIXL) is an exchange-traded fund that primarily invests in common stocks of companies across various market capitalizations, including real estate investment trusts (REITs). The funds investment strategy focuses on low beta equity, aiming to provide stable returns with reduced volatility.
Key performance indicators (KPIs) for SIXL include its ability to maintain a low beta, indicating its potential to be less volatile than the overall market. To evaluate its effectiveness, we can examine metrics such as the funds Sharpe ratio, which measures risk-adjusted returns, and its tracking error relative to its benchmark. Additionally, the funds dividend yield and expense ratio are crucial in assessing its income generation and cost efficiency.
From a portfolio composition perspective, its essential to analyze the funds sector allocation, identifying areas of concentration and potential diversification benefits. The inclusion of REITs suggests exposure to the real estate sector, which can provide a hedge against inflation and market fluctuations. Furthermore, examining the funds holdings turnover rate and average market capitalization can offer insights into its investment strategy and potential for long-term growth.
To further assess SIXLs performance, we can compare its returns to those of its peers within the Mid-Cap Blend ETF category, as well as to broader market indices. This comparison can help determine whether the funds low beta strategy is effective in various market conditions. By evaluating these factors, investors can make informed decisions about the suitability of SIXL for their investment portfolios.
SIXL ETF Overview
| Market Cap in USD | 189m |
| Category | Mid-Cap Blend |
| TER | 0.79% |
| IPO / Inception | 2020-05-11 |
SIXL ETF Ratings
| Growth Rating | 24.6% |
| Fundamental | - |
| Dividend Rating | 60.2% |
| Return 12m vs S&P 500 | -13.2% |
| Analyst Rating | - |
SIXL Dividends
| Dividend Yield 12m | 1.69% |
| Yield on Cost 5y | 2.40% |
| Annual Growth 5y | 31.46% |
| Payout Consistency | 98.7% |
| Payout Ratio | % |
SIXL Growth Ratios
| Growth Correlation 3m | 45.3% |
| Growth Correlation 12m | -30.2% |
| Growth Correlation 5y | 68.7% |
| CAGR 5y | 7.43% |
| CAGR/Max DD 5y | 0.46 |
| Sharpe Ratio 12m | 0.53 |
| Alpha | -7.45 |
| Beta | 0.415 |
| Volatility | 11.06% |
| Current Volume | 0.1k |
| Average Volume 20d | 1.6k |
| Stop Loss | 36 (-3.1%) |
| Signal | 2.17 |
What is the price of SIXL shares?
Over the past week, the price has changed by -1.14%, over one month by +2.18%, over three months by +2.19% and over the past year by +1.56%.
Is 6 Meridian Low Beta Equity a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of SIXL is around 35.58 USD . This means that SIXL is currently overvalued and has a potential downside of -4.28%.
Is SIXL a buy, sell or hold?
What are the forecasts/targets for the SIXL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 39.3 | 5.8% |
Last update: 2025-08-21 11:34
SIXL Fundamental Data Overview
CCE Cash And Equivalents = unknown
Revenue TTM is 0, using Net Income TTM 0.0 + Cost of Revenue 0.0 = 0.0 USD
Beta = 0.65
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 188.9m USD (188.9m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = none (FCF TTM 0.0 / Enterprise Value 188.9m)
FCF Margin = unknown (Revenue TTM is 0)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 188.9m / Book Value Of Equity 0.0)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default)
NOPAT = 0.0 (EBIT 0.0, no tax applied on loss)
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown Debt (none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = none (Debt none / FCF TTM 0.0)
Total Stockholder Equity = unknown
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity none)
RoCE = unknown (Ebit 0.0 / (Equity none + L.T.Debt none))
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, Ebit 0.0)
WACC = unknown (E(188.9m)/V(0.0) * Re(7.54%)) + (D(none)/V(0.0) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 7.54% (= CAPM, Blume Beta Adj.) -> floored to rf + ERP 8.05%
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for SIXL ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle