Summary
ETC 6 Meridian Small Cap Equity ETF is an ETF - a fund traded on an exchange like a stock - run by Meridian. Positions inside: 85. The ten largest make up 20% of the fund.
- Yearly costs
- 0.31%
- Fund size
- $140.7M
- Positions
- 85
- Dividend yield
- 1.92%
- Running since
- 2020
What speaks for it
- Costs of 0.31% a year are below the middle of comparable funds (0.44%).
What to watch
- 94% of the fund is in one country (United States).
- It trades little: only about $268.4K 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
- +0.4%
- 3 months
- -5.2%
- This year
- +11%
- 1 year
- +15%
- 3 years
- +36%
- 5 years
- +14%
- Avg. market cap
- $3.07B
- P/E
- 11.5x
- Forward P/E
- 9.4x
- P/S
- 1.0x
- P/B
- 1.5x
- P/FCF
- 8.0x
- EV/EBITDA
- 6.1x
- Dividend yield
- 2.18%
- ROIC
- 13.2%
- ROE
- 20.4%
- Gross margin
- 46.3%
- Operating margin
- 19.0%
- Net margin
- 16.7%
- Payout ratio
- 25.1%
- Net debt/EBITDA
- 1.5x
- Beta
- 0.57
Weighted average of the 50 largest companies, which make up 67% 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 INInternational Seaways INSW 2.6%
- 2 PAPar Pacific PARR 2.4%
- 3 INInnoviva, Inc. INVA 2.3%
- 4 AGAssured Guaranty Ltd. AGO 2.2%
- 5 GPGulfport Energy Corporation GPOR 2.1%
- 6 CACal-Maine Foods, Inc. CALM 1.9%
- 7 CVCVR Energy CVI 1.7%
- 8 SISignet Jewelers Limited SIG 1.7%
- 9 ASAcademy Sports and Outdoors ASO 1.6%
- 10 AMAMN Healthcare Services, Inc. AMN 1.4%
Positions in the fund: 85. The ten largest make up 20% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One countryBy sector
- Real estate 14%
- Healthcare 12%
- Energy 12%
- Financials 12%
- Consumer defensive 11%
- Other 39%
By country
- United States 94%
- Bermuda 5.0%
- Cayman Islands 1.1%
- Other countries 0.3%
By company size
- Large cap 2.3%
- Mid cap 65%
- Small cap 33%
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: Real estate (14%). Largest country: United States (94%). Largest size group: Mid cap (65%).
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
- +2.7%
- Deepest drop
- -28%
- Yearly volatility
- 12%
Average yearly growth over the last five years: 2.7%. Deepest drop in these years: 28% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 1.92%
- Payments a year
- 12
- Last payment
- $0.11
Over the last 12 months it paid $1.07 per share, which is 1.92% of today's price. The last payment was $0.11 on Sep 28, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $268.4K
- Shares a day
- 4.8K
On an average day about $268.4K of the fund changes hands.
How expensive are the companies inside?
Rather cheap- P/E of the companies inside
- 11.5
- Average Bulios Score
- 66 out of 100
Weight by Bulios Fair Price
- Undervalued 51%
- Fairly valued 15%
- Overvalued 34%
On average the companies inside trade for 11.5 times their yearly profit. By Fair Price, 51% of the rated weight comes out as undervalued.
Counted from its largest companies (50), which make up 67% 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 | ||
|---|---|---|---|---|---|---|
XS XSLV Invesco S&P SmallCap Low Volatility ETF | United States | 0.25% | $233.8M | +7.5% | Pays out | 25% |
XS XSVM Invesco S&P SmallCap Value with Momentum ETF | United States | 0.36% | $586.5M | +18% | Pays out | 23% |
SM SMDV ProShares S&P SmallCap 600 Dividend Aristocrats ETF | United States | 0.40% | $654.4M | +8.9% | Pays out | 20% |