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Upturn AI SWOT - About
6 Meridian Low Beta Equity Strategy ETF (SIXL)
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Upturn Advisory Summary
04/01/2025: SIXL (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type ETF | Historic Profit -6.14% | Avg. Invested days 48 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 4883 | Beta 0.65 | 52 Weeks Range 32.54 - 39.22 | Updated Date 04/2/2025 |
52 Weeks Range 32.54 - 39.22 | Updated Date 04/2/2025 |
Upturn AI SWOT
6 Meridian Low Beta Equity Strategy ETF
ETF Overview
Overview
The 6 Meridian Low Beta Equity Strategy ETF (SIXB) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the 6 Meridian Low Beta Equity Index. The fund employs a quantitative, rules-based approach to select stocks with lower volatility.
Reputation and Reliability
6 Meridian Funds is a smaller ETF provider. Reputation and reliability are still building.
Management Expertise
The management team has experience in quantitative investment strategies.
Investment Objective
Goal
To provide investment results that correspond generally to the price and yield performance of the 6 Meridian Low Beta Equity Index.
Investment Approach and Strategy
Strategy: The ETF aims to track the 6 Meridian Low Beta Equity Index, which is composed of stocks exhibiting lower volatility than the broader market.
Composition Primarily holds U.S. equities selected based on their low beta characteristics.
Market Position
Market Share: SIXB's market share within the low volatility ETF category is relatively small.
Total Net Assets (AUM): 31824600
Competitors
Key Competitors
- SPLV
- USMV
- LGLV
- ACWV
Competitive Landscape
The low volatility ETF market is dominated by larger, more established funds like SPLV and USMV. SIXB attempts to differentiate itself through its specific index methodology, but faces an uphill battle in gaining significant market share due to the strength of competitors. The competitive advantage of SIXB is that it applies its own unique index that may perform better than the other ETFs in its market segment and offer a degree of differentiation.
Financial Performance
Historical Performance: Historical performance data needs to be accessed from financial data providers.
Benchmark Comparison: Comparison against the 6 Meridian Low Beta Equity Index is essential to assess tracking effectiveness.
Expense Ratio: 0.29
Liquidity
Average Trading Volume
SIXB's average trading volume is relatively low, which can impact ease of entry and exit.
Bid-Ask Spread
The bid-ask spread might be wider than more liquid ETFs, increasing transaction costs.
Market Dynamics
Market Environment Factors
Economic uncertainty and market volatility often drive interest in low beta strategies. The growth prospects depend on continued investor demand for downside protection.
Growth Trajectory
Growth depends on marketing efforts and relative performance compared to competing low volatility ETFs. Any shift in strategy needs to be monitored closely.
Moat and Competitive Advantages
Competitive Edge
SIXB's competitive edge lies in its proprietary 6 Meridian Low Beta Equity Index, which may offer a different approach to low volatility investing compared to traditional market-cap weighted indexes. The ETF's smaller size allows it to be nimbler in its investment decisions, potentially capturing unique opportunities. It aims to deliver a smoother investment experience by focusing on less volatile stocks. However, the fund's limited track record and lower liquidity pose challenges in attracting substantial assets. The relatively small size and AUM also mean higher risk.
Risk Analysis
Volatility
Assess volatility relative to the broader market and competing low volatility ETFs.
Market Risk
Exposure to equity market risk remains, although mitigated by the low beta strategy. Sector concentration can also introduce specific risks.
Investor Profile
Ideal Investor Profile
Risk-averse investors seeking downside protection in equity markets and those looking for a less volatile equity allocation.
Market Risk
Suitable for long-term investors looking to reduce portfolio volatility. May not be ideal for active traders due to lower liquidity.
Summary
The 6 Meridian Low Beta Equity Strategy ETF aims to provide a smoother investment experience by targeting low volatility stocks. Its performance is tied to the 6 Meridian Low Beta Equity Index. With a relatively small AUM, it caters to risk-averse investors seeking downside protection, but the low liquidity may pose a challenge. Ultimately, its success hinges on its ability to attract assets and maintain competitive performance compared to established low volatility funds. Its a fund for the investor who wants to invest in equities but also wants to mitigate risk.
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DSI
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DSI
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LGLV
SPDR® SSGA US Large Cap Low Volatility Index ETF
LGLV
SPDR® SSGA US Large Cap Low Volatility Index ETF
SPLV
Invesco S&P 500® Low Volatility ETF
SPLV
Invesco S&P 500® Low Volatility ETF
Sources and Disclaimers
Data Sources:
- ETF.com
- 6 Meridian Funds Website
- FactSet
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Investors should consult with a financial advisor before making any investment decisions. Market share data is estimated and may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About 6 Meridian Low Beta Equity Strategy ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
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).
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