SIXH vs. CNEQ ETF Comparison

Comparison of 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) to Alger Concentrated Equity ETF (CNEQ)

SIXH

6 Meridian Hedged Equity-Index Option Strategy ETF

SIXH 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 is non-diversified.

Grade (RS Rating)

Last Trade

$37.85

Average Daily Volume

11,177

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CNEQ

Alger Concentrated Equity ETF

CNEQ Description

CNEQ is actively managed, investing in large-cap companies on U.S. exchanges that have a promising growth potential. At least 25% of the total assets go into related industries like software and technology hardware, semiconductors, IT services, electronic devices, retail and communication industries. The fund may invest more than 25% of total assets get invested in a single industry. A significant portion may be dedicated to enterprises within a sector, like Information Technology and Communication Services. The portfolio generally comprises no more than 30 holdings, often selling when a stock reaches its target price. The Fund also invests in cash and cash equivalents during market volatility or in the absence of viable long-term investment options. This cash holding is not expected to exceed 15% of net assets.

Grade (RS Rating)

Last Trade

$25.51

Average Daily Volume

3,734

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SIXH	CNEQ
30 Days	0.41%	6.39%
60 Days	1.89%	11.26%
90 Days	3.99%	15.00%
12 Months	16.07%

7 Overlapping Holdings

Symbol	Grade	Weight in SIXH	Weight in CNEQ	Overlap
AAPL	C	1.32%	8.58%	1.32%
AMZN	C	1.32%	8.1%	1.32%
LLY	F	2.3%	2.28%	2.28%
META	D	2.53%	6.47%	2.53%
NFLX	A	1.45%	2.0%	1.45%
NVDA	C	2.68%	13.04%	2.68%
UNH	C	1.35%	0.99%	0.99%

SIXH Overweight 43 Positions Relative to CNEQ

Symbol	Grade	Weight
MO	A	5.42%
T	A	4.04%
VZ	C	3.97%
PEP	F	3.72%
GM	B	2.86%
SPG	B	2.79%
CVX	A	2.72%
XOM	B	2.71%
AXP	A	2.71%
COST	B	2.71%
TGT	F	2.69%
CL	D	2.63%
CAT	B	2.62%
DUK	C	2.61%
SO	D	2.58%
QCOM	F	2.58%
GILD	C	2.56%
KHC	F	2.4%
BIL	A	2.24%
COF	B	1.45%
PYPL	B	1.42%
JPM	A	1.42%
INTU	C	1.41%
ORCL	B	1.41%
BLK	C	1.38%
USB	A	1.37%
BRK.A	B	1.35%
BK	A	1.35%
GE	D	1.34%
PG	A	1.34%
WMT	A	1.33%
GOOGL	C	1.33%
AIG	B	1.31%
PM	B	1.31%
DE	A	1.31%
RTX	C	1.3%
IBM	C	1.29%
AMD	F	1.27%
LMT	D	1.26%
JNJ	D	1.25%
MRK	F	1.23%
KO	D	1.23%
DOW	F	1.17%

SIXH Underweight 18 Positions Relative to CNEQ

Symbol	Grade	Weight
MSFT	F	-13.34%
HEI	B	-3.71%
TSM	B	-3.59%
APP	B	-3.29%
AVGO	D	-3.17%
DHR	F	-2.35%
ISRG	A	-2.19%
VRT	B	-2.15%
V	A	-2.15%
SPGI	C	-2.14%
GOOG	C	-1.98%
CDNS	B	-1.9%
CEG	D	-1.76%
NTRA	B	-1.52%
MU	D	-1.27%
MELI	D	-1.16%
TSLA	B	-1.1%
ASML	F	-0.93%