Summary
ETC 6 Meridian Hedged Equity Index Option ETF is an ETF - a fund traded on an exchange like a stock - run by Meridian. Positions inside: 52. The ten largest make up 36% of the fund.
- Yearly costs
- 0.31%
- Fund size
- $616.9M
- Positions
- 52
- Dividend yield
- 1.74%
- Running since
- 2020
What speaks for it
- Costs of 0.31% a year are below the middle of comparable funds (0.44%).
- Average yearly growth over the last five years: 7.8%.
What to watch
- 100% of the fund is in one country (United States).
- It trades little: only about $665.6K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +1.0%
- 3 months
- +3.1%
- This year
- +14%
- 1 year
- +16%
- 3 years
- +40%
- 5 years
- +46%
- Avg. market cap
- $464.7B
- P/E
- 18.5x
- Forward P/E
- 15.9x
- P/S
- 2.5x
- P/B
- 3.6x
- P/FCF
- 15.8x
- EV/EBITDA
- 13.3x
- Dividend yield
- 2.65%
- ROIC
- 19.3%
- ROE
- 38.0%
- Gross margin
- 58.1%
- Operating margin
- 27.2%
- Net margin
- 20.5%
- Payout ratio
- 48.9%
- Net debt/EBITDA
- 2.3x
- Beta
- 0.09
Weighted average of the 48 largest companies, which make up 96% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 MOAltria MO 5.6%
- 2 PMPhilip Morris PM 4.0%
- 3 PEPepsiCo PEP 3.8%
- 4 BMBristol-Myers Squibb BMY 3.7%
- 5 VZVerizon VZ 3.6%
- 6 TAT&T T 3.6%
- 7 BISPDR Bloomberg 1-3 Month T-Bill ETF BIL 3.0%
- 8 WMWalmart WMT 2.8%
- 9 AMAmerican Tower AMT 2.8%
- 10 COConocoPhillips COP 2.8%
Positions in the fund: 52. The ten largest make up 36% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One countryBy sector
- Consumer defensive 24%
- Technology 20%
- Healthcare 16%
- Communication services 13%
- Financials 8.9%
- Other 18%
By country
- United States 100%
- Ireland 1.4%
By company size
- Mega cap 44%
- Large cap 56%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Consumer defensive (24%). Largest country: United States (100%). Largest size group: Large cap (56%).
What does it cost me?
Cheap- A year from $10,000
- $31.00
- Over 20 years
- $1,524
From every $10,000 invested the fund takes $31.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $1,524.
How has it done?
Growing over the long run- A year on average, 5 years
- +7.8%
- Deepest drop
- -13%
- Yearly volatility
- 7.9%
Average yearly growth over the last five years: 7.8%. Deepest drop in these years: 13% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 1.74%
- Payments a year
- 12
- Last payment
- $0.07
Over the last 12 months it paid $0.78 per share, which is 1.74% of today's price. The last payment was $0.07 on Sep 28, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $665.6K
- Shares a day
- 15K
On an average day about $665.6K of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 18.5
- Average Bulios Score
- 69 out of 100
Weight by Bulios Fair Price
- Undervalued 27%
- Fairly valued 18%
- Overvalued 55%
On average the companies inside trade for 18.5 times their yearly profit. By Fair Price, 55% of the rated weight comes out as overvalued.
Counted from its largest companies (48), which make up 96% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
SI SIXA ETC 6 Meridian Mega Cap Equity ETF | United States | 0.31% | $547.2M | +17% | Pays out | 96% |
EQ EQWL Invesco S&P 100 Equal Weight ETF | United States | 0.30% | $2.82B | +13% | Pays out | 48% |
DU DURA VanEck Durable High Dividend ETF | United States | 0.30% | $38.6M | +18% | Pays out | 37% |
MG MGV Vanguard Morningstar Mega Cap Value ETF | United States | 0.05% | $13.6B | +20% | Pays out | 37% |
XO XOEX Xtrackers S&P 100 Ex Top 20 ETF | United States | 0.15% | $232.5M | +14% | Pays out | 36% |
RO ROPE EA Series Trust - Coastal Compass 100 ETF | United States | 0.81% | $23.8M | +15% | Pays out | 36% |