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ETFs

ETC 6 Meridian Quality Growth ETF

SXQG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 10 2021
Expense Ratio
1.00%
Type
US Equities
Fund Owner
Exchange Traded Concepts
Volume (1m avg. daily)
$20,164
AUM
$28,863,435
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

GOOGL
Alphabet Inc - Ordinary Shares - Class A
4.87%
AAPL
Apple Inc
4.81%
V
Visa Inc - Ordinary Shares - Class A
4.79%
MA
Mastercard Incorporated - Ordinary Shares - Class A
4.56%
ACN
Accenture plc - Ordinary Shares - Class A
4.43%
ADBE
Adobe Inc
4.29%
NOW
ServiceNow Inc
4.07%
VRTX
Vertex Pharmaceuticals, Inc.
4.03%
REGN
Regeneron Pharmaceuticals, Inc.
3.75%
ISRG
Intuitive Surgical Inc
3.71%
Invest with SXQG

What is SXQG?

The Fund is an actively managed exchange-traded fund ( ETF ) that seeks to achieve its investment objective primarily by investing in equity securities. The Fund invests mainly in common stocks and may invest in the securities of companies of any capitalization. In selecting investments for the Fund, 6 Meridian LLC (the Sub-Adviser ) uses a quantitatively-driven strategy designed to emphasize securities of companies that exhibit high quality and growth characteristics relative to their peers. Quality is defined as high and improving profitability, low leverage and low default probability, and low net equity and debt issuance relative to dividends and net buybacks. From an initial universe consisting of companies in the broad U.S. equity market, the Sub-Adviser excludes micro-cap companies (i.e., companies with a market capitalization of less than $500 million) and securities of companies that exhibit poor liquidity and momentum characteristics. Liquidity is measured as average dollar volume traded relative to the average shares outstanding, where the highest values are least favorable. Momentum is measured as the trailing 12-month price return excluding the most recent month, where the lowest values are least favorable. The Sub-Adviser ranks the remaining securities based on a composite of several quality-focused variables intended to measure profitability, growth, and ability to service financing obligations, and securities ranking the highest on this composite measure are considered for inclusion in the Fund.

ETFs related toSXQG

ETFs correlated to SXQG include JQUA, QUAL, GSLC

SXQG
Exchange Traded Concepts Trust - ETC 6 Meridian Quality Growth ETF
JQUA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan U.S. Quality Factor ETF
QUAL
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Quality Factor ETF
GSLC
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
PWB
Invesco Capital Management LLC - Invesco Large Cap Growth ETF
GSUS
Goldman Sachs ETF Trust - Goldman Sachs MarketBeta U.S. Equity ETF
PBUS
Invesco Capital Management LLC - Invesco MSCI USA ETF
DFUS
Dimensional ETF Trust - Dimensional U.S. Equity ETF
VOTE
Engine No. 1 ETF Trust - Engine No. 1 Transform 500 ETF
VOO
Vanguard Group, Inc. - Vanguard S&P 500 ETF
QGRO
American Century ETF Trust - American Century U.S. Quality Growth ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toSXQG

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

Create your own algorithmic trading strategy with SXQG using Composer

FAQ

SXQG is a US Equities ETF. The Fund is an actively managed exchange-traded fund ( ETF ) that seeks to achieve its investment objective primarily by investing in equity securities. The Fund invests mainly in common stocks and may invest in the securities of companies of any capitalization. In selecting investments for the Fund, 6 Meridian LLC (the Sub-Adviser ) uses a quantitatively-driven strategy designed to emphasize securities of companies that exhibit high quality and growth characteristics relative to their peers. Quality is defined as high and improving profitability, low leverage and low default probability, and low net equity and debt issuance relative to dividends and net buybacks. From an initial universe consisting of companies in the broad U.S. equity market, the Sub-Adviser excludes micro-cap companies (i.e., companies with a market capitalization of less than $500 million) and securities of companies that exhibit poor liquidity and momentum characteristics. Liquidity is measured as average dollar volume traded relative to the average shares outstanding, where the highest values are least favorable. Momentum is measured as the trailing 12-month price return excluding the most recent month, where the lowest values are least favorable. The Sub-Adviser ranks the remaining securities based on a composite of several quality-focused variables intended to measure profitability, growth, and ability to service financing obligations, and securities ranking the highest on this composite measure are considered for inclusion in the Fund.

Yes, SXQG is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, SXQG is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on SXQG is -0.0025%. This is the percent change in the value of SXQG over the most recent 1-month period. The 3-month return on SXQG is -0.0025%. This is the percent change in the value of SXQG over the most recent 3-month period.

The standard deviation of SXQG for the past year is 0.1685%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to SXQG include VIG, VYM, and DFAS.

ETFs correlated to SXQG include JQUA, QUAL, and GSLC.

ETFs that are inversely correlated to SXQG include SH, SDS, and SPDN.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.