SIXL vs. PPTY ETF Comparison

Comparison of 6 Meridian Low Beta Equity Strategy ETF (SIXL) to PPTY U.S. Diversified Real Estate ETF (PPTY)

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

$38.98

Average Daily Volume

3,012

Number of Holdings ^*

238

* may have additional holdings in another (foreign) market

PPTY

PPTY U.S. Diversified Real Estate ETF

PPTY Description

The investment seeks to track the performance, before fees and expenses, of the PPTYX - U.S. Diversified Real Estate Index¿ (the "index"). Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. The index was developed in 2017 by the fund's index provider and an affiliate of the fund's sub-adviser, and uses a rules-based methodology to provide diversified exposure to the liquid U.S. real estate market.

Grade (RS Rating)

Last Trade

$34.08

Average Daily Volume

47,858

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SIXL	PPTY
30 Days	4.28%	0.24%
60 Days	4.41%	0.01%
90 Days	5.62%	3.80%
12 Months	23.37%	30.04%

12 Overlapping Holdings

Symbol	Grade	Weight in SIXL	Weight in PPTY	Overlap
ADC	B	0.41%	0.78%	0.41%
AMH	D	0.38%	2.31%	0.38%
ELS	C	0.38%	0.75%	0.38%
EPRT	B	0.42%	0.1%	0.1%
FCPT	C	0.39%	3.35%	0.39%
GTY	B	0.4%	0.76%	0.4%
LTC	B	0.41%	0.35%	0.35%
NHC	C	0.38%	0.32%	0.32%
NNN	D	0.36%	0.09%	0.09%
OHI	C	0.4%	0.71%	0.4%
PECO	A	0.42%	0.8%	0.42%
WPC	D	0.37%	1.1%	0.37%

SIXL Overweight 226 Positions Relative to PPTY

Symbol	Grade	Weight
CXW	B	0.65%
MASI	A	0.58%
SFM	A	0.57%
UFCS	B	0.55%
EXEL	B	0.55%
UNM	A	0.54%
HQY	B	0.54%
DTM	B	0.54%
CALM	A	0.54%
BWXT	B	0.53%
BRBR	A	0.52%
LRN	A	0.51%
ATGE	B	0.5%
FHI	A	0.5%
INCY	C	0.5%
PRDO	B	0.5%
MGEE	C	0.49%
X	C	0.49%
MCK	B	0.49%
ETR	B	0.49%
TMUS	B	0.49%
ATEN	B	0.49%
MCY	A	0.48%
AMSF	B	0.48%
CW	B	0.48%
LQDT	B	0.48%
RHI	B	0.48%
TXRH	C	0.48%
MGY	A	0.47%
LOPE	B	0.47%
PRI	A	0.47%
AGO	B	0.47%
PPC	C	0.46%
DBX	B	0.46%
SNDR	B	0.46%
PRGS	A	0.46%
PLMR	B	0.46%
AMBC	C	0.46%
VIRT	B	0.46%
SMPL	B	0.46%
RLI	B	0.46%
FDP	B	0.46%
CVX	A	0.46%
HMN	B	0.46%
EIG	B	0.45%
TRV	B	0.45%
BGC	C	0.45%
ATO	A	0.45%
GILD	C	0.45%
RAMP	C	0.45%
THG	A	0.45%
BJ	A	0.45%
SRE	A	0.45%
EOG	A	0.45%
RBA	A	0.45%
RGA	A	0.44%
SAM	C	0.44%
CPK	A	0.44%
ATR	B	0.44%
PINC	B	0.44%
PBH	A	0.44%
T	A	0.44%
MORN	B	0.44%
WMT	A	0.44%
JAZZ	B	0.44%
AVAV	D	0.44%
SIGI	C	0.44%
HCI	C	0.44%
HSTM	B	0.44%
MCRI	A	0.44%
AEE	A	0.44%
RYAN	B	0.44%
KR	B	0.44%
XEL	A	0.44%
WWD	B	0.43%
WDFC	B	0.43%
WM	A	0.43%
XOM	B	0.43%
EVRG	A	0.43%
COP	C	0.43%
LHX	C	0.43%
CAH	B	0.43%
WTW	B	0.43%
MMSI	B	0.43%
ORI	A	0.43%
ALL	A	0.43%
MSGS	A	0.43%
CASY	A	0.43%
TKO	B	0.43%
EHC	B	0.43%
AM	A	0.43%
MANH	D	0.43%
ORLY	B	0.43%
OGE	B	0.43%
AFG	A	0.42%
SUPN	C	0.42%
DLB	B	0.42%
BOX	B	0.42%
ITGR	B	0.42%
PNW	B	0.42%
DT	C	0.42%
EZPW	A	0.42%
PM	B	0.42%
AWR	B	0.42%
CHD	B	0.42%
MO	A	0.42%
FIZZ	C	0.42%
NJR	A	0.42%
SPNT	A	0.42%
NFG	A	0.42%
UVV	B	0.42%
DGX	A	0.42%
WEC	A	0.42%
DVAX	C	0.42%
PPL	B	0.42%
NWN	A	0.42%
WEN	D	0.42%
ALE	A	0.41%
SAFT	C	0.41%
ARMK	B	0.41%
NPK	B	0.41%
TR	B	0.41%
MUSA	A	0.41%
NWE	B	0.41%
ALKS	B	0.41%
INGR	B	0.41%
VZ	C	0.41%
AFL	B	0.41%
RSG	A	0.41%
ABT	B	0.41%
VRSK	A	0.41%
PGR	A	0.41%
CME	A	0.41%
OLLI	D	0.41%
WRB	A	0.41%
UTHR	C	0.41%
STRA	C	0.41%
NYT	C	0.4%
INVA	D	0.4%
SO	D	0.4%
AJG	B	0.4%
JJSF	B	0.4%
WTRG	B	0.4%
KNSL	B	0.4%
UTL	B	0.4%
CB	C	0.4%
NEU	C	0.4%
AVA	A	0.4%
K	A	0.4%
CMS	C	0.4%
RTX	C	0.4%
MSA	D	0.4%
PDCO	D	0.4%
RNR	C	0.4%
LANC	C	0.4%
HOLX	D	0.39%
ENSG	D	0.39%
CHE	D	0.39%
CHRD	D	0.39%
BRC	D	0.39%
PG	A	0.39%
CBOE	B	0.39%
DUK	C	0.39%
DTE	C	0.39%
CCK	C	0.39%
NBIX	C	0.39%
MMC	B	0.39%
UNH	C	0.39%
JNJ	D	0.38%
FE	C	0.38%
AEP	D	0.38%
NOC	D	0.38%
HRB	D	0.38%
GLPI	C	0.38%
CACI	D	0.38%
EPC	D	0.37%
AMED	F	0.37%
KMB	D	0.37%
RGR	F	0.37%
DFIN	D	0.37%
JNPR	F	0.37%
BG	F	0.37%
SJW	D	0.37%
ED	D	0.37%
LMT	D	0.37%
POST	C	0.37%
ADUS	D	0.37%
FLO	D	0.37%
KBR	F	0.37%
CWT	D	0.37%
MOH	F	0.36%
PEP	F	0.36%
WU	D	0.36%
FCN	D	0.36%
MKC	D	0.36%
HRL	D	0.36%
COKE	C	0.36%
CI	F	0.36%
ANIP	F	0.36%
JBSS	D	0.35%
KHC	F	0.35%
VRRM	D	0.35%
KO	D	0.35%
CL	D	0.35%
ACGL	D	0.35%
AMT	D	0.34%
KDP	D	0.34%
MDLZ	F	0.34%
HSY	F	0.34%
ABBV	D	0.34%
ERIE	D	0.33%
NABL	F	0.33%
MRK	F	0.33%
SPTN	D	0.33%
CVI	F	0.33%
CNC	D	0.33%
GIS	D	0.33%
CLW	F	0.32%
CAG	D	0.32%
THS	D	0.31%
COLL	F	0.31%
ELV	F	0.3%
LPG	F	0.29%
BMRN	D	0.29%
KELYA	F	0.28%
CPRI	F	0.24%

SIXL Underweight 80 Positions Relative to PPTY

Symbol	Grade	Weight
EQIX	A	-4.33%
AVB	B	-4.12%
DLR	B	-3.91%
PLD	D	-3.58%
ARE	D	-3.47%
EQR	B	-2.93%
SPG	B	-2.86%
WELL	A	-2.71%
DEA	D	-2.56%
HIW	D	-2.4%
MAR	B	-2.32%
UDR	B	-2.09%
TRNO	F	-2.05%
ESS	B	-2.03%
MAA	B	-1.9%
HLT	A	-1.83%
REG	B	-1.74%
CDP	C	-1.74%
IRT	A	-1.71%
STAG	F	-1.58%
CUZ	B	-1.54%
FRT	B	-1.5%
CPT	B	-1.49%
COLD	D	-1.45%
KIM	A	-1.44%
AAT	B	-1.44%
VTR	C	-1.36%
EGP	F	-1.31%
SLG	B	-1.28%
AKR	B	-1.27%
ESRT	C	-1.26%
SKT	B	-1.12%
IIPR	D	-1.12%
EQC	B	-1.0%
FR	C	-0.98%
SUI	D	-0.94%
BXP	D	-0.91%
PSA	D	-0.86%
INVH	D	-0.83%
KRG	B	-0.8%
DOC	D	-0.73%
H	B	-0.68%
HST	C	-0.63%
EXR	D	-0.6%
WH	B	-0.56%
DEI	B	-0.56%
RHP	B	-0.53%
O	D	-0.51%
CHH	A	-0.5%
SBRA	C	-0.45%
CTRE	D	-0.43%
APLE	B	-0.42%
NHI	D	-0.41%
DBRG	F	-0.4%
NTST	D	-0.4%
CSR	B	-0.37%
IVT	B	-0.36%
SHO	C	-0.34%
UMH	C	-0.29%
CUBE	D	-0.28%
NSA	D	-0.24%
AHH	D	-0.24%
ALEX	C	-0.19%
ROIC	A	-0.19%
CHCT	C	-0.18%
VNO	B	-0.14%
DRH	B	-0.11%
KRC	C	-0.11%
UE	C	-0.11%
BRX	A	-0.11%
ELME	D	-0.1%
BFS	C	-0.1%
BNL	D	-0.1%
XHR	B	-0.1%
GMRE	F	-0.09%
LXP	D	-0.09%
JBGS	D	-0.09%
AIV	C	-0.09%
PLYM	F	-0.08%
REXR	F	-0.08%