Summary
ETC 6 Meridian Low Beta Equity ETF is an ETF - a fund traded on an exchange like a stock - run by Meridian. Positions inside: 242. The ten largest make up 5.3% of the fund.
- Yearly costs
- 0.31%
- Fund size
- $202.3M
- Positions
- 242
- Dividend yield
- 2.16%
- Running since
- 2020
What speaks for it
- Costs of 0.31% a year are below the middle of comparable funds (0.44%).
- Widely spread: the ten largest positions make up only 5.3% of the fund.
What to watch
- 96% of the fund is in one country (United States).
- It trades little: only about $184.6K 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
- +2.6%
- 3 months
- -0.7%
- This year
- +9.2%
- 1 year
- +7.0%
- 3 years
- +30%
- 5 years
- +15%
- Avg. market cap
- $91.2B
- P/E
- 20.7x
- Forward P/E
- 15.1x
- P/S
- 1.2x
- P/B
- 3.6x
- P/FCF
- 15.3x
- EV/EBITDA
- 13.9x
- Dividend yield
- 1.43%
- ROIC
- 20.5%
- ROE
- 30.9%
- Gross margin
- 45.2%
- Operating margin
- 17.7%
- Net margin
- 12.6%
- Payout ratio
- 29.6%
- Net debt/EBITDA
- 0.4x
- Beta
- 0.40
Weighted average of the 50 largest companies, which make up 23% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Widely spread- 1 CASH & OTHER 0.6%
- 2 PCPacira BioSciences, Inc. PCRX 0.6%
- 3 CVCVR Energy CVI 0.6%
- 4 OPOption Care Health OPCH 0.6%
- 5 DTDynatrace DT 0.5%
- 6 MPMarathon Petroleum Corporation MPC 0.5%
- 7 HAHaemonetics HAE 0.5%
- 8 VLValero Energy Corporation VLO 0.5%
- 9 HSHealthStream, Inc. HSTM 0.5%
- 10 QLQualys, Inc. QLYS 0.5%
Positions in the fund: 242. The ten largest make up 5.3% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One countryBy sector
- Financials 17%
- Consumer defensive 17%
- Utilities 14%
- Energy 13%
- Real estate 11%
- Other 28%
By country
- United States 96%
- Bermuda 2.5%
- Ireland 0.8%
- Switzerland 0.4%
- Other countries 0.4%
By company size
- Mega cap 4.0%
- Large cap 44%
- Mid cap 43%
- Small cap 9.0%
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: Financials (17%). Largest country: United States (96%). Largest size group: Large cap (44%).
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 slowly- A year on average, 5 years
- +2.8%
- Deepest drop
- -17%
- Yearly volatility
- 10%
Average yearly growth over the last five years: 2.8%. Deepest drop in these years: 17% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 2.16%
- Payments a year
- 12
- Last payment
- $0.06
Over the last 12 months it paid $0.85 per share, which is 2.16% of today's price. The last payment was $0.06 on Sep 28, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $184.6K
- Shares a day
- 4.7K
On an average day about $184.6K of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 20.7
- Average Bulios Score
- 67 out of 100
Weight by Bulios Fair Price
- Undervalued 20%
- Fairly valued 14%
- Overvalued 66%
On average the companies inside trade for 20.7 times their yearly profit. By Fair Price, 66% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 23% 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 | ||
|---|---|---|---|---|---|---|
SM SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF | United States | 0.20% | $274.8M | +6.5% | Pays out | 32% |
JP JPUS JPMorgan Diversified Return U.S. Equity ETF | United States | 0.18% | $459.0M | +14% | Pays out | 31% |
BT BTAL AGF U.S. Market Neutral Anti-Beta Fund | United States | 1.65% | $340.6M | -16% | Pays out | 28% |
ON ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF | United States | 0.20% | $522.0M | +10% | Pays out | 25% |
QB QBTL.TO AGF US Market Neutral Anti-Beta CAD-Hedged ETF | Canada | 0.55% | $219.5M | -16% | Reinvests | 24% |
DE DEUS Xtrackers Russell US Multifactor ETF | United States | 0.17% | $201.7M | +14% | Pays out | 24% |