SIXH6 Meridian Hedged Equity-Index Option Strategy ETF
SIXH Fund Description
SIXH is an actively managed fund that provides exposure to US equities and sells call options against SPY.
SIXH Factset Analytics Insight
SIXH holds a portfolio of 40-60 US equities and sells call options against the SPY to increase current income and decrease volatility. In generating this income, the Fund’s total return in favorable markets may be reduced while its total return may increase in bearish markets. In creating the equity portfolio, SIXH uses a quantitative strategy focused on high quality or profitable stocks. Portfolio construction begins with ranking each company based on a composite of several factors intended to measure profitability, growth, liquidity, solvency, and momentum. Securities ranking the lowest, relative to the distribution of all securities measured are excluded. The remaining firms are then ranked separately using various factors including beta, momentum, yield, value, and quality. SIXH selects the highest ranking companies after all the measures are applied. The Fund also may hedge its portfolio through the use of inverse ETFs.
SIXH MSCI ESG Analytics Insight
6 Meridian Hedged Equity-Index Option Strategy ETF has an MSCI ESG Fund Rating of AA based on a score of 7.69 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. 6 Meridian Hedged Equity-Index Option Strategy ETF ranks in the 81st percentile within its peer group and in the 86th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
SIXH Summary Data
SIXH Portfolio Data
SIXH Index Data
SIXH Portfolio Management
SIXH Tax Exposures
SIXH Fund Structure
SIXH Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SIXH. SIXH is rated a 5 out of 5.
SIXH Sector/Industry Breakdown
SIXH Economic Development
SIXH Performance Statistics
SIXH MSCI ESG Ratings
SIXH Benchmark Comparison Summary
SIXH Benchmark Comparison Market Cap Size