SIXL vs. ACWV ETF Comparison

Comparison of 6 Meridian Low Beta Equity Strategy ETF (SIXL) to iShares MSCI All Country World Minimum Volatility Index Fund (ACWV)

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

$38.65

Average Daily Volume

3,018

Number of Holdings ^*

238

* may have additional holdings in another (foreign) market

ACWV

iShares MSCI All Country World Minimum Volatility Index Fund

ACWV Description

The investment seeks to track the investment results of an index composed of developed and emerging market equities that, in the aggregate, have lower volatility characteristics relative to the broader developed and emerging equity markets. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. It seeks to track the underlying index, which has been developed by MSCI Inc. ("MSCI") to measure the combined performance of equity securities in both emerging and developed markets that in aggregate have lower volatility. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$113.59

Average Daily Volume

123,378

Number of Holdings ^*

138

* may have additional holdings in another (foreign) market

Performance

Period	SIXL	ACWV
30 Days	3.55%	-0.80%
60 Days	4.32%	-0.01%
90 Days	7.38%	3.65%
12 Months	25.35%	20.77%

62 Overlapping Holdings

Symbol	Grade	Weight in SIXL	Weight in ACWV	Overlap
ABBV	D	0.43%	0.57%	0.43%
ABT	B	0.41%	0.1%	0.1%
ACGL	D	0.37%	0.57%	0.37%
AEE	A	0.43%	0.1%	0.1%
AEP	D	0.4%	0.07%	0.07%
AJG	B	0.39%	0.32%	0.32%
BMRN	F	0.32%	0.19%	0.19%
CAG	F	0.36%	0.05%	0.05%
CAH	B	0.4%	0.18%	0.18%
CB	D	0.4%	0.84%	0.4%
CBOE	D	0.42%	0.53%	0.42%
CHD	B	0.39%	0.44%	0.39%
CI	D	0.37%	0.23%	0.23%
CL	F	0.36%	0.34%	0.34%
CME	B	0.42%	0.23%	0.23%
CMS	D	0.42%	0.16%	0.16%
DGX	A	0.42%	0.15%	0.15%
DUK	D	0.41%	0.8%	0.41%
ED	D	0.41%	0.85%	0.41%
ELV	F	0.31%	0.44%	0.31%
ERIE	F	0.37%	0.27%	0.27%
GILD	B	0.47%	0.5%	0.47%
GIS	F	0.37%	0.61%	0.37%
HOLX	D	0.41%	0.05%	0.05%
HRL	F	0.39%	0.23%	0.23%
HSY	D	0.37%	0.42%	0.37%
INCY	B	0.5%	0.4%	0.4%
JNJ	F	0.4%	1.07%	0.4%
JNPR	C	0.42%	0.32%	0.32%
K	A	0.41%	0.56%	0.41%
KDP	D	0.37%	0.35%	0.35%
KHC	F	0.38%	0.33%	0.33%
KMB	F	0.38%	0.3%	0.3%
KO	F	0.38%	0.05%	0.05%
KR	A	0.44%	0.83%	0.44%
LMT	D	0.4%	0.23%	0.23%
MCK	B	0.41%	1.39%	0.41%
MDLZ	F	0.37%	0.24%	0.24%
MMC	C	0.39%	0.88%	0.39%
MOH	F	0.4%	0.13%	0.13%
MRK	F	0.36%	1.07%	0.36%
NBIX	C	0.41%	0.31%	0.31%
NOC	C	0.41%	0.79%	0.41%
ORLY	A	0.42%	0.6%	0.42%
PEP	F	0.39%	1.06%	0.39%
PG	D	0.39%	0.79%	0.39%
PGR	B	0.4%	0.82%	0.4%
RSG	A	0.4%	1.16%	0.4%
SO	D	0.42%	0.79%	0.42%
T	C	0.44%	0.25%	0.25%
TMUS	A	0.48%	1.95%	0.48%
TRV	B	0.43%	0.31%	0.31%
UNH	B	0.39%	0.83%	0.39%
UTHR	B	0.45%	0.41%	0.41%
VZ	D	0.42%	0.74%	0.42%
WEC	B	0.42%	0.66%	0.42%
WM	A	0.43%	1.47%	0.43%
WMT	A	0.44%	1.78%	0.44%
WRB	B	0.4%	0.4%	0.4%
WTW	A	0.43%	0.1%	0.1%
XEL	A	0.44%	0.11%	0.11%
XOM	B	0.43%	0.1%	0.1%

SIXL Overweight 176 Positions Relative to ACWV

Symbol	Grade	Weight
SFM	B	0.54%
EXEL	B	0.54%
MASI	B	0.53%
ETR	B	0.52%
BWXT	A	0.52%
CALM	A	0.52%
X	B	0.51%
TXRH	B	0.49%
CACI	B	0.49%
UNM	A	0.49%
FHI	A	0.49%
AVAV	C	0.49%
DTM	A	0.49%
BRBR	A	0.48%
LRN	B	0.48%
CW	B	0.48%
HCI	B	0.48%
ATGE	B	0.48%
PRGS	A	0.46%
AMSF	A	0.46%
HQY	A	0.46%
DBX	B	0.46%
RHI	B	0.46%
WEN	C	0.46%
KBR	B	0.45%
PRI	A	0.45%
EHC	B	0.45%
LHX	B	0.45%
MCY	B	0.45%
MSGS	B	0.45%
FDP	B	0.45%
ATR	A	0.45%
BJ	B	0.45%
ATEN	A	0.45%
CXW	B	0.44%
SNDR	A	0.44%
ATO	A	0.44%
DLB	C	0.44%
HMN	B	0.44%
PPC	B	0.44%
AGO	B	0.44%
OHI	B	0.44%
DT	C	0.44%
MGY	B	0.44%
CVX	B	0.44%
DVAX	B	0.44%
MORN	A	0.44%
HSTM	A	0.43%
ARMK	C	0.43%
COP	C	0.43%
RYAN	B	0.43%
ENSG	C	0.43%
LTC	A	0.43%
MCRI	A	0.43%
MGEE	A	0.43%
PRDO	B	0.43%
AMBC	C	0.43%
MANH	C	0.43%
OLLI	D	0.43%
CASY	A	0.43%
NYT	C	0.43%
PM	C	0.43%
DTE	D	0.42%
OGE	B	0.42%
VRSK	A	0.42%
TKO	D	0.42%
EVRG	A	0.42%
CPK	B	0.42%
EOG	B	0.42%
MO	A	0.42%
PDCO	D	0.42%
PPL	A	0.42%
RNR	D	0.42%
SRE	A	0.42%
SIGI	B	0.42%
AWR	B	0.42%
THG	A	0.42%
PECO	B	0.42%
MMSI	A	0.42%
RTX	C	0.42%
LQDT	A	0.42%
SAM	B	0.42%
CCK	B	0.42%
RBA	B	0.42%
EIG	B	0.42%
INVA	B	0.42%
NFG	C	0.42%
JAZZ	B	0.42%
WWD	B	0.42%
RLI	A	0.42%
SMPL	B	0.42%
ADUS	D	0.41%
BRC	B	0.41%
PINC	B	0.41%
NWE	C	0.41%
BGC	B	0.41%
EPRT	C	0.41%
MSA	D	0.41%
ADC	B	0.41%
JJSF	B	0.41%
GTY	B	0.41%
NWN	B	0.41%
PBH	A	0.41%
WTRG	B	0.41%
UTL	C	0.41%
VRRM	F	0.41%
RGA	A	0.41%
VIRT	B	0.41%
EZPW	B	0.41%
NJR	B	0.41%
LOPE	B	0.41%
KELYA	F	0.41%
ORI	A	0.41%
PNW	B	0.41%
WDFC	A	0.41%
FIZZ	B	0.41%
RAMP	C	0.41%
AM	B	0.41%
ALL	A	0.41%
ALE	A	0.41%
SUPN	B	0.41%
MUSA	B	0.4%
AFG	B	0.4%
AFL	C	0.4%
ITGR	B	0.4%
NPK	C	0.4%
AMED	F	0.4%
GLPI	D	0.4%
UVV	B	0.4%
AVA	D	0.4%
NABL	F	0.4%
LANC	B	0.4%
UFCS	A	0.4%
BOX	B	0.4%
NEU	C	0.4%
INGR	B	0.4%
SAFT	B	0.39%
POST	D	0.39%
STRA	C	0.39%
MKC	D	0.39%
CHE	D	0.39%
SJW	D	0.39%
FCPT	D	0.39%
ANIP	C	0.39%
FE	D	0.39%
FLO	F	0.39%
ELS	C	0.39%
HRB	D	0.39%
PLMR	C	0.39%
SPTN	F	0.39%
ALKS	B	0.39%
CWT	D	0.39%
RGR	F	0.39%
EPC	F	0.38%
COLL	F	0.38%
TR	C	0.38%
SPNT	C	0.38%
KNSL	C	0.38%
CHRD	F	0.38%
AMH	D	0.37%
FCN	D	0.37%
NHC	B	0.37%
NNN	F	0.37%
DFIN	D	0.37%
AMT	F	0.37%
WPC	F	0.37%
JBSS	F	0.36%
THS	F	0.36%
CNC	F	0.36%
WU	F	0.36%
COKE	D	0.35%
BG	D	0.35%
CLW	F	0.34%
LPG	F	0.33%
CVI	F	0.28%
CPRI	F	0.23%

SIXL Underweight 76 Positions Relative to ACWV

Symbol	Grade	Weight
MSI	B	-1.76%
CSCO	A	-1.56%
ROP	B	-1.36%
VRTX	B	-1.16%
COR	A	-1.06%
MCD	D	-0.99%
BRK.A	C	-0.88%
AZO	C	-0.76%
MSFT	C	-0.75%
IBM	D	-0.74%
REGN	F	-0.63%
GDDY	A	-0.61%
EA	A	-0.6%
V	A	-0.58%
APH	B	-0.54%
ORCL	A	-0.53%
LLY	D	-0.52%
FI	A	-0.47%
KEYS	B	-0.43%
BAH	C	-0.42%
MKL	A	-0.41%
L	B	-0.39%
WCN	B	-0.38%
CHT	D	-0.37%
AMGN	F	-0.37%
FFIV	B	-0.36%
VRSN	C	-0.35%
AON	A	-0.35%
TJX	B	-0.35%
HUM	F	-0.32%
AKAM	F	-0.31%
BRO	A	-0.3%
TSN	C	-0.29%
GEN	A	-0.29%
SJM	F	-0.28%
CF	B	-0.25%
ACN	C	-0.25%
YUM	B	-0.24%
BMY	B	-0.23%
FCNCA	B	-0.23%
BDX	D	-0.22%
CPB	F	-0.22%
FWONK	C	-0.21%
MFG	B	-0.21%
CTSH	A	-0.21%
PTC	B	-0.21%
JKHY	C	-0.2%
ROL	B	-0.2%
GD	A	-0.19%
DPZ	C	-0.19%
MA	A	-0.18%
ULTA	C	-0.17%
LNG	B	-0.15%
MPC	D	-0.14%
AIZ	A	-0.12%
CTVA	C	-0.12%
MNST	B	-0.12%
AZPN	B	-0.11%
TDY	A	-0.11%
WIT	B	-0.11%
FICO	A	-0.11%
WDAY	B	-0.1%
EG	D	-0.1%
PCG	A	-0.1%
NEM	F	-0.1%
TPL	A	-0.1%
TRGP	A	-0.07%
IT	A	-0.07%
HSIC	F	-0.06%
KNX	B	-0.06%
DINO	D	-0.06%
CHRW	B	-0.06%
FANG	D	-0.06%
ANET	C	-0.06%
GPC	D	-0.05%
ACI	C	-0.05%