6 Meridian Competition

SIXA Etf

USD 52.84 -0.37 -0.70%

6 Meridian Mega competes with ETC 6, WisdomTree International, First Trust, Xtrackers MSCI, and Franklin Liberty and other related companies. This provides context for comparative analysis. Peer comparison for 6 Meridian provides quick context before deeper valuation work.

6 Meridian vs Burney Factor Correlation Overview

Very good diversification

The correlation between SIXA and BRNY is -0.23, which Macroaxis classifies as Very good diversification for the selected horizon. Used correctly, the chart helps investors judge whether adding the second position genuinely diversifies the first.

Moving together with SIXA Etf

0.96	VTV	Vanguard Value Index	Pair Corr
0.97	VYM	Vanguard High Dividend	Pair Corr
0.92	IWD	iShares Russell 1000	Pair Corr
0.96	DGRO	iShares Core Dividend	Pair Corr
0.91	IVE	iShares SAMPP 500	Pair Corr

Moving against SIXA Etf

0.91	GBTC	Grayscale Bitcoin Trust	Pair Corr
0.8	TECL	Direxion Daily Technology	Pair Corr
0.77	ROM	ProShares Ultra	Pair Corr
0.69	QLD	ProShares Ultra QQQ Sell-off Trend	Pair Corr

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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of 6 Meridian's price to converge to an average value over time is called mean reversion.

Hype

Prediction

Low	Estimated	High
52.68	53.19	53.70

Details

Intrinsic

Valuation

Low	Real	High
47.89	57.63	58.14

Details

Naive

Forecast

Low	Next	High
52.36	52.87	53.38

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
53.03	53.74	54.44

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as 6 Meridian. Your research has to be compared to or analyzed against 6 Meridian's peers to derive any actionable benefits.

6 Meridian Competition Correlation Matrix

Correlation analysis between 6 Meridian Mega and its competitors helps investors understand whether diversification is real or only superficial inside the same peer group. This matrix is most informative when investors want to know whether adding another peer would improve diversification, increase crowding, or leave total risk largely unchanged.

	SIXH	NTSI	AFLG	DBJP	FLSP	FDV	VFQY	RSPG	EFAX	BRNY
SIXH		0.86	0.74	0.91	0.83	0.99	0.38	0.96	0.8	-0.28	SIXH
NTSI	0.86		0.92	0.95	0.78	0.9	0.61	0.78	0.99	0.1	NTSI
AFLG	0.74	0.92		0.87	0.73	0.78	0.76	0.66	0.94	0.35	AFLG
DBJP	0.91	0.95	0.87		0.77	0.94	0.58	0.84	0.93	-0.04	DBJP
FLSP	0.83	0.78	0.73	0.77		0.81	0.45	0.77	0.75	-0.03	FLSP
FDV	0.99	0.9	0.78	0.94	0.81		0.45	0.94	0.85	-0.22	FDV
VFQY	0.38	0.61	0.76	0.58	0.45	0.45		0.25	0.69	0.63	VFQY
RSPG	0.96	0.78	0.66	0.84	0.77	0.94	0.25		0.7	-0.39	RSPG
EFAX	0.8	0.99	0.94	0.93	0.75	0.85	0.69	0.7		0.22	EFAX
BRNY	-0.28	0.1	0.35	-0.04	-0.03	-0.22	0.63	-0.39	0.22		BRNY
	SIXH	NTSI	AFLG	DBJP	FLSP	FDV	VFQY	RSPG	EFAX	BRNY

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High positive correlations

FDV	+ 0.99	SIXH
EFAX	+ 0.99	NTSI
RSPG	+ 0.96	SIXH
DBJP	+ 0.95	NTSI
EFAX	+ 0.94	AFLG
FDV	+ 0.94	DBJP

High negative correlations

BRNY	- 0.39	RSPG
BRNY	- 0.28	SIXH
BRNY	- 0.22	FDV
BRNY	- 0.04	DBJP
BRNY	- 0.03	FLSP

6 Meridian Constituents Risk-Adjusted Indicators

There is a big difference between SIXA Etf performing well and 6 Meridian ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze 6 Meridian's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
SIXH	0.35	0.14	0.50	0.81	0.00	-0.47	0.92	-0.45	2.03
NTSI	0.68	0.07	0.06	0.08	1.00	-0.66	1.28	-1.83	5.15
AFLG	0.55	0.02	0.03	0.01	0.73	-0.55	0.82	-1.24	3.77
DBJP	0.87	0.18	0.13	0.16	1.13	-0.88	1.93	-2.08	7.51
FLSP	0.56	0.04	0.08	0.48	0.63	-0.59	1.01	-1.18	3.07
FDV	0.50	0.12	0.27	0.30	0.27	-0.60	1.15	-0.75	2.35
VFQY	0.66	0.01	0.01	-0.01	0.87	-0.63	1.29	-1.44	4.44
RSPG	1.06	0.29	0.23	0.93	0.99	-1.17	2.72	-1.82	5.17
EFAX	0.65	0.07	0.06	0.07	1.03	-0.62	1.36	-1.53	5.45
BRNY	0.67	-0.01	0.00	-0.02	0.00	0.00	1.03	-1.55	3.60

6 Meridian Competitive Analysis

The better you understand 6 Meridian competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, 6 Meridian's competitive analysis can cover a whole range of metrics.

Better Than Average

Worse Than Peers

View Performance Chart

	SIXA	SIXH	NTSI	AFLG	DBJP	FLSP	FDV	VFQY	RSPG	EFAX
	0.70 52.84 SIXA	0.59 42.23 ETC	0.53 45.10 WisdomTree	0.13 39.59 First	0.38 102.39 Xtrackers	0.96 27.21 Franklin	0.36 30.87 First	0.47 152.68 Vanguard	2.41 102.31 Invesco	0.39 51.15 SPDR
Market Volatility (90 Days Market Risk)	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low
Market Performance (90 Days Performance)	Constructive	Firm	Contained	Weak	Moderate	Contained	Constructive	Weak	Constructive	Mild
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Under Valued	Fairly Valued	Under Valued	Fairly Valued	Under Valued	Fairly Valued	Under Valued	Fairly Valued	Under Valued	Fairly Valued
Buy or Sell Analysis (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Buy	Hold	Buy	Strong Hold	Strong Buy	Hold	Strong Buy	Strong Hold	Strong Buy	Buy
Net Asset	143.56 M	265.2 M	81.84 M	4.29 M	199.55 M	100.99 M	68.03 M	172.82 M	N/A	202.34 M
Price To Book	N/A	N/A	N/A	N/A	1.16	N/A	3.0	N/A	N/A	N/A
Five Year Return	14.3	11.5	N/A	12.5	19.3	8.5	N/A	8.0	22.2	8.3
One Year Return	16.5	11.1	20.0	16.8	40.9	15.0	14.8	14.2	34.8	19.2
Last Dividend Paid	0.0689	0.0609	N/A	0.057	1.15	N/A	N/A	0.27	N/A	0.66
Beta	0.59	0.1	0.97	0.96	0.3	0.03	0.59	1.04	0.6	1.02
Price To Earning	N/A	N/A	N/A	N/A	15.48	N/A	17.15	N/A	N/A	N/A
Price To Sales	N/A	N/A	N/A	N/A	0.74	N/A	1.5	N/A	N/A	N/A
Equity Positions Weight	99.66	96.12	58.86	99.71	94.17	55.76	100.0	99.71	N/A	99.67
Three Year Return	20.5	12.8	13.4	20.4	28.6	10.0	11.1	14.9	16.3	15.0
Annual Yield	N/A	N/A	N/A	N/A	N/A	N/A	1.6	N/A	N/A	N/A
Year To Date Return	N/A	N/A	N/A	N/A	N/A	N/A	1.43	N/A	N/A	N/A
Ten Year Return	N/A	N/A	N/A	N/A	14.5	N/A	N/A	N/A	10.9	N/A
Day Typical Price	52.96	42.31	45.2	39.61	102.18	27.27	30.84	152.7	101.49	51.09
Accumulation Distribution	0.007	0.0059	0.0066	0.0013	256.03	600.31	322.56	24.62	3700.54	326.19
Market Facilitation Index	0.37	0.25	0.3	0.05	0.0	0.0	0.0	5.0E-4	0.0	0.0
Daily Balance Of Power	-1.00	-1.00	-0.80	-1.00	-0.45	1.04	-0.69	-0.54	0.8732	-0.45
Period Momentum Indicator	-0.37	-0.25	-0.24	-0.05	-0.39	0.26	-0.11	-0.72	2.41	-0.20
Rate Of Daily Change	0.99	0.99	0.99	1.0	1.0	1.01	1.0	1.0	1.02	1.0
Day Median Price	53.03	42.36	45.25	39.62	102.07	27.3	30.83	152.71	101.08	51.06
Price Action Indicator	-0.37	-0.25	-0.27	-0.05	0.13	0.045	-0.01	-0.39	2.44	-0.01
Relative Strength Index	52.0	59.63	44.97	45.38	50.52	50.88	52.52	41.8	68.42	43.5
Coefficient Of Variation	467.74	299.37	1339.9	3367.0	701.08	1351.34	474.62	20041.36	467.67	1371.34
Mean Deviation	0.4153	0.3468	0.6825	0.5458	0.8664	0.558	0.4976	0.6592	1.06	0.6504
Jensen Alpha	0.1037	0.1355	0.0685	0.0208	0.1789	0.0427	0.1199	0.0066	0.2866	0.0668
Total Risk Alpha	0.1074	0.1404	0.0739	0.0225	0.1861	0.0531	0.1248	0.0082	0.3053	0.0715
Sortino Ratio	0.2514	0.5048	0.0638	0.0308	0.1321	0.0752	0.2679	0.0078	0.2308	0.0586
Downside Variance	0.1974	0.0837	1.25	0.5876	1.83	0.5215	0.2272	0.779	1.64	1.39
Standard Deviation	0.5099	0.4293	0.9209	0.7038	1.23	0.6979	0.5935	0.8481	1.37	0.9116
Kurtosis	-0.19	0.1215	1.49	0.7953	1.79	-0.35	-0.71	0.3519	-0.05	2.45
Potential Upside	0.8923	0.9174	1.28	0.8224	1.93	1.01	1.15	1.29	2.72	1.36
Treynor Ratio	0.2666	0.8133	0.0765	0.014	0.1612	0.4826	0.2971	-0.01	0.9345	0.0695
Maximum Drawdown	2.24	2.03	5.15	3.77	7.51	3.07	2.35	4.44	5.17	5.45
Variance	0.26	0.1843	0.8481	0.4953	1.52	0.4871	0.3522	0.7192	1.87	0.8311
Market Risk Adjusted Performance	0.2766	0.8233	0.0865	0.024	0.1712	0.4926	0.3071	0.0041	0.9445	0.0795
Risk Adjusted Performance	0.1596	0.2493	0.0591	0.0219	0.1136	0.056	0.1593	0.0048	0.1691	0.0577
Skewness	0.0892	0.6483	-0.90	-0.31	-0.26	-0.12	0.2963	0.0922	0.0368	-0.97
Semi Deviation	0.2249	0.0	1.0	0.7267	1.13	0.6349	0.2692	0.8652	0.9924	1.03
Information Ratio	0.219	0.3403	0.0775	0.0335	0.1448	0.0778	0.2152	0.0081	0.2158	0.0759
Value At Risk	-0.62	-0.45	-1.83	-1.24	-2.08	-1.18	-0.75	-1.44	-1.82	-1.53
Expected Short fall	-0.49	-0.47	-0.66	-0.55	-0.88	-0.59	-0.60	-0.63	-1.17	-0.62
Downside Deviation	0.4443	0.2893	1.12	0.7665	1.35	0.7222	0.4767	0.8826	1.28	1.18
Semi Variance	0.0506	-0.08	1.01	0.5281	1.28	0.4031	0.0724	0.7486	0.9848	1.07

6 Meridian Peer Performance Charts

How to Analyze 6 Meridian Against Peers

6 Meridian's peer analysis compares 6 Meridian with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:

Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
Check valuation dispersion: Review whether 6 Meridian trades at a premium or discount versus peers and why.
Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
Document the thesis: Record where 6 Meridian leads or lags and what catalysts could close or widen the gap.

Use this as an educational baseline, then validate conclusions with current filings, market conditions, and portfolio objectives.

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6 Meridian Competition

6 Meridian vs Burney Factor Correlation Overview

Very good diversification

Moving together with SIXA Etf

Moving against SIXA Etf

Specify up to 10 symbols:

6 Meridian Competition Correlation Matrix

High positive correlations

High negative correlations

6 Meridian Constituents Risk-Adjusted Indicators

6 Meridian Competitive Analysis

6 Meridian Peer Performance Charts

How to Analyze 6 Meridian Against Peers

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