# ETC 6 Meridian Mega Cap Equity ETF (SIXA): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/sixa for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Meridian · Asset class: Equity - Strategy: Passive Index · Inception: 2020-05-08 Typically, the fund allocates a minimum of 80% of its total net assets, including any capital raised through borrowing for investment, to equity securities issued by mega-capitalization companies. The Sub-Adviser defines 'mega-capitalization companies' as those constituting the top 10% of stocks within the Russell 3000 Index, ranked by their market capitalization. Its investments in equity securities primarily consist of common stocks. This fund operates on a non-diversified basis. ## Key Facts | Metric | Value | |---|---| | Price | $57.67 | | Expense Ratio | 0.31% | | Assets Under Management | $555.0M | | NAV | $58.27 | | Holdings Count | 48 | | Distribution Yield (TTM) | 1.94% | | Annual Distribution (TTM) | $1.12 /share | | Distribution Frequency | Monthly | | 52-Week Range | $48.28 – $58.52 | | Beta | 0.56 | ## Latest Distribution - Amount: $0.1026 /share - Ex-date: 2026-09-28 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does SIXA invest in? Typically, the fund allocates a minimum of 80% of its total net assets, including any capital raised through borrowing for investment, to equity securities issued by mega-capitalization companies. The Sub-Adviser defines 'mega-capitalization companies' as those constituting the top 10% of stocks within the Russell 3000 Index, ranked by their market capitalization. Its investments in equity securities primarily consist of common stocks. This fund operates on a non-diversified basis. ### What is the expense ratio of SIXA? ETC 6 Meridian Mega Cap Equity ETF (SIXA) charges an expense ratio of 0.31%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is SIXA? ETC 6 Meridian Mega Cap Equity ETF (SIXA) manages $555.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is SIXA actively managed or an index fund? SIXA is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (SIXA's is 0.31%) because there's no security selection cost. ### When was SIXA launched? ETC 6 Meridian Mega Cap Equity ETF (SIXA) launched in May 2020 and is managed by Meridian. ### How has SIXA performed? SIXA's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does SIXA pay a dividend? ETC 6 Meridian Mega Cap Equity ETF (SIXA) currently distributes little or no income. Trailing-twelve-month yield is 1.94%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does SIXA pay dividends? ETC 6 Meridian Mega Cap Equity ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is SIXA's dividend yield? SIXA's trailing-twelve-month yield is 1.94%, calculated from the sum of dividends over the past year divided by the current price. ### When is SIXA's next ex-dividend date? The most recently announced ex-dividend date for SIXA was 2026-09-28. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will SIXA's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.31% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does SIXA charge its expense ratio? The expense ratio is deducted in tiny daily slices from SIXA's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does SIXA cost more than a fund like VOO? SIXA is a passive index fund (current expense ratio 0.31%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to SIXA? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as SIXA (0.31%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/sixa - Distribution history: https://www.dividenddata.com/funds/sixa/dividend - Holdings & diversification: https://www.dividenddata.com/funds/sixa/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/sixa/expenses - Peer comparison: https://www.dividenddata.com/funds/sixa/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.