SIXL vs. IAI ETF Comparison

Comparison of 6 Meridian Low Beta Equity Strategy ETF (SIXL) to iShares U.S. Broker-Dealers ETF (IAI)

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

$38.05

Average Daily Volume

3,124

Number of Holdings ^*

238

* may have additional holdings in another (foreign) market

IAI

iShares U.S. Broker-Dealers ETF

IAI Description

The investment seeks to track the investment results of an index composed of U.S. equities in the investment services sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the index. It seeks to track the investment results of the Dow Jones U.S. Select Investment Services Index (the "underlying index"), which measures the performance of the investment services sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$149.73

Average Daily Volume

102,650

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SIXL	IAI
30 Days	0.54%	8.12%
60 Days	2.46%	17.29%
90 Days	3.75%	20.25%
12 Months	21.30%	57.13%

6 Overlapping Holdings

Symbol	Grade	Weight in SIXL	Weight in IAI	Overlap
BGC	C	0.46%	0.43%	0.43%
CBOE	C	0.37%	2.48%	0.37%
CME	A	0.4%	3.82%	0.4%
DFIN	D	0.38%	0.2%	0.2%
MORN	B	0.45%	1.11%	0.45%
VIRT	A	0.44%	0.37%	0.37%

SIXL Overweight 232 Positions Relative to IAI

Symbol	Grade	Weight
CXW	B	0.67%
SFM	A	0.58%
MASI	B	0.57%
EXEL	B	0.56%
CALM	A	0.53%
CW	B	0.52%
HQY	A	0.52%
INCY	C	0.52%
UNM	A	0.52%
BWXT	A	0.52%
DTM	A	0.52%
LRN	A	0.51%
UFCS	A	0.5%
BRBR	A	0.5%
ATGE	B	0.5%
X	C	0.5%
MGEE	A	0.49%
LOPE	B	0.49%
TMUS	B	0.49%
FHI	B	0.49%
ATEN	A	0.49%
RHI	C	0.49%
DBX	C	0.48%
TXRH	B	0.48%
AVAV	C	0.48%
CACI	C	0.48%
MCK	A	0.48%
DVAX	C	0.48%
ETR	A	0.48%
AMSF	B	0.48%
PRI	A	0.47%
PRGS	B	0.47%
SNDR	B	0.47%
MCY	B	0.47%
JAZZ	C	0.47%
GILD	C	0.47%
HMN	B	0.47%
LQDT	A	0.47%
UTHR	C	0.46%
BJ	B	0.46%
PRDO	B	0.46%
AGO	A	0.46%
PPC	B	0.46%
HCI	C	0.46%
FDP	B	0.46%
MANH	D	0.45%
KR	B	0.45%
RAMP	C	0.45%
HSTM	A	0.45%
LHX	B	0.45%
MGY	A	0.45%
ATR	B	0.45%
KBR	F	0.45%
RLI	A	0.45%
EOG	A	0.44%
AEE	A	0.44%
WMT	A	0.44%
WDFC	B	0.44%
FIZZ	C	0.44%
INGR	B	0.44%
MSGS	B	0.44%
CASY	A	0.44%
SAM	C	0.44%
SUPN	B	0.44%
SIGI	B	0.44%
EHC	B	0.44%
CVX	A	0.44%
ATO	A	0.44%
EIG	B	0.44%
SRE	A	0.44%
RBA	A	0.44%
PINC	B	0.44%
SMPL	B	0.44%
RYAN	B	0.44%
THG	A	0.44%
WEN	C	0.43%
LANC	D	0.43%
AMBC	C	0.43%
ALKS	C	0.43%
WTW	B	0.43%
XEL	A	0.43%
OGE	A	0.43%
WM	B	0.43%
PBH	A	0.43%
WWD	B	0.43%
TRV	A	0.43%
ORLY	B	0.43%
MCRI	A	0.43%
CAH	B	0.43%
OLLI	D	0.42%
BOX	B	0.42%
T	A	0.42%
JJSF	C	0.42%
NBIX	C	0.42%
DGX	A	0.42%
BRC	C	0.42%
VRSK	B	0.42%
AWR	A	0.42%
ITGR	B	0.42%
NWN	A	0.42%
STRA	C	0.42%
CPK	A	0.42%
DT	C	0.42%
PLMR	A	0.42%
EVRG	A	0.42%
INVA	C	0.42%
XOM	B	0.42%
ALL	A	0.42%
AFG	A	0.42%
ORI	A	0.42%
LTC	B	0.42%
RGA	B	0.42%
AM	A	0.42%
MMSI	A	0.42%
DLB	F	0.42%
NOC	D	0.41%
NEU	D	0.41%
OHI	B	0.41%
PNW	B	0.41%
PPL	A	0.41%
ARMK	C	0.41%
SAFT	B	0.41%
NJR	A	0.41%
NFG	A	0.41%
MUSA	B	0.41%
NYT	D	0.41%
RTX	D	0.41%
COP	B	0.41%
WEC	A	0.41%
RSG	A	0.41%
MSA	D	0.41%
PECO	A	0.41%
PGR	B	0.41%
WTRG	B	0.4%
ANIP	D	0.4%
TKO	A	0.4%
GTY	A	0.4%
K	B	0.4%
NHC	B	0.4%
UVV	B	0.4%
MO	A	0.4%
ADC	A	0.4%
AFL	C	0.4%
SPNT	A	0.4%
NWE	C	0.4%
TR	B	0.4%
UTL	C	0.4%
RNR	C	0.4%
EZPW	A	0.4%
KNSL	B	0.4%
ABT	A	0.4%
ALE	A	0.4%
NPK	C	0.4%
CHD	A	0.4%
CCK	D	0.4%
EPRT	A	0.4%
WRB	B	0.4%
UNH	C	0.4%
AVA	C	0.39%
VZ	C	0.39%
CB	C	0.39%
PM	A	0.39%
MMC	D	0.39%
CHE	F	0.39%
RGR	F	0.39%
SO	C	0.39%
LMT	D	0.39%
ADUS	D	0.39%
ENSG	D	0.39%
CMS	C	0.39%
AJG	B	0.39%
PDCO	F	0.39%
JNPR	D	0.39%
GLPI	C	0.38%
CHRD	F	0.38%
FCPT	C	0.38%
DUK	C	0.38%
CI	D	0.38%
MOH	F	0.38%
DTE	C	0.38%
HOLX	D	0.38%
ELS	B	0.38%
JNJ	D	0.37%
HRL	D	0.37%
SJW	F	0.37%
CWT	C	0.37%
AMED	F	0.37%
FE	C	0.37%
ED	C	0.37%
POST	C	0.37%
PG	C	0.37%
AMH	C	0.37%
HRB	D	0.37%
KDP	D	0.36%
HSY	F	0.36%
AEP	C	0.36%
ACGL	D	0.36%
MKC	D	0.36%
COKE	C	0.36%
FLO	D	0.36%
PEP	F	0.36%
EPC	F	0.36%
FCN	F	0.36%
NABL	F	0.35%
MDLZ	F	0.35%
NNN	C	0.35%
ABBV	F	0.35%
BG	D	0.35%
KO	D	0.35%
KHC	F	0.35%
JBSS	F	0.35%
WPC	C	0.35%
KMB	C	0.35%
VRRM	F	0.35%
GIS	F	0.34%
CLW	F	0.34%
WU	F	0.34%
CNC	F	0.33%
MRK	F	0.33%
SPTN	F	0.33%
COLL	F	0.33%
CAG	F	0.33%
CL	D	0.33%
CVI	D	0.32%
AMT	D	0.32%
ERIE	F	0.32%
BMRN	F	0.31%
KELYA	F	0.31%
THS	F	0.3%
ELV	F	0.3%
LPG	F	0.29%
CPRI	F	0.22%

SIXL Underweight 26 Positions Relative to IAI

Symbol	Grade	Weight
GS	B	-14.35%
MS	A	-12.73%
SPGI	D	-12.62%
COIN	A	-6.64%
SCHW	A	-4.88%
MSCI	B	-4.03%
NDAQ	A	-3.87%
MCO	D	-3.78%
ICE	C	-3.67%
RJF	A	-3.56%
LPLA	A	-2.81%
HOOD	A	-2.74%
IBKR	A	-2.32%
FDS	B	-2.25%
TW	A	-1.8%
JEF	A	-1.44%
SF	B	-1.43%
EVR	B	-1.29%
MKTX	D	-1.2%
HLI	B	-1.18%
LAZ	B	-0.76%
PIPR	B	-0.64%
PJT	B	-0.47%
MC	B	-0.47%
SNEX	B	-0.33%
LPRO	C	-0.08%