Key stats
About ETC 6 Meridian Hedged Equity Index Option ETF
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Inception date
May 8, 2020
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Exchange Traded Concepts LLC
Distributor
SEI Investments Distribution Co.
SIXH holds a portfolio of 40-60 US equities and sellscall options against the SPY to increase current income and decrease volatility. In generating this income, the Funds total return in favorable markets may be reduced while its total return may increase in bearish markets. In creating the equity portfolio, SIXH uses a quantitative strategy focused on high quality or profitable stocks. Portfolio construction begins with ranking each company based on a composite of several factors intended to measure profitability, growth, liquidity, solvency, and momentum. Securities ranking the lowest, relative to the distribution of all securities measured are excluded. The remaining firms are then ranked separately using various factors including beta, momentum, yield, value, and quality. SIXH selects the highest ranking companies after all the measures are applied. The Fund also may hedge its portfolio through the use of inverse ETFs. On Nov. 16, 2021 ETC took over distribution of the fund.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Consumer Non-Durables
Health Technology
Technology Services
Finance
Stocks97.00%
Consumer Non-Durables18.66%
Health Technology15.19%
Technology Services12.89%
Finance12.76%
Communications9.80%
Utilities4.99%
Retail Trade4.91%
Electronic Technology3.83%
Consumer Services3.76%
Energy Minerals2.80%
Producer Manufacturing2.57%
Consumer Durables1.28%
Commercial Services1.23%
Bonds, Cash & Other3.00%
ETF5.15%
Mutual fund0.29%
Cash−0.02%
Rights & Warrants−2.43%
Stock breakdown by region
North America98.69%
Europe1.31%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SIXH invests in stocks. The fund's major sectors are Consumer Non-Durables, with 19.11% stocks, and Health Technology, with 15.56% of the basket. The assets are mostly located in the North America region.
SIXH top holdings are Altria Group, Inc. and AT&T Inc, occupying 6.39% and 5.16% of the portfolio correspondingly.
SIXH last dividends amounted to 0.05 USD. The month before, the issuer paid 0.07 USD in dividends, which shows a 46.55% decrease.
SIXH assets under management is 526.18 M USD. It's fallen 6.44% over the last month.
SIXH fund flows account for 95.78 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, SIXH pays dividends to its holders with the dividend yield of 1.84%. The last dividend (May 30, 2025) amounted to 0.05 USD. The dividends are paid monthly.
SIXH shares are issued by Cottonwood ETF Holdings LLC under the brand Meridian. The ETF was launched on May 8, 2020, and its management style is Active.
SIXH expense ratio is 0.73% meaning you'd have to pay 0.73% of your investment to help manage the fund.
SIXH follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SIXH invests in stocks.
SIXH price has risen by 0.70% over the last month, and its yearly performance shows a 8.68% increase. See more dynamics on SIXH price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.26% over the last month, showed a −0.19% decrease in three-month performance and has increased by 11.29% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.26% over the last month, showed a −0.19% decrease in three-month performance and has increased by 11.29% in a year.
SIXH trades at a premium (0.12%) meaning the ETF is trading at a higher price than the calculated NAV.