6 Meridian Mega Cap Equity ETF (SIXA) Valuation
SIXA valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 19.1 trailing earnings
- Forward P/E
- 14.5 analyst estimates
- Price / sales
- 2.60
- Price / book
- 4.14
- EV / EBITDA
- 12.8
- Earnings yield
- 5.23% inverse of P/E
- Dividend yield
- 2.73% of the holdings
- Return on equity
- 21.6% combined
- Net margin
- 13.6% combined
- Beta
- 0.71 weighted, vs S&P 500
SIXA valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| SIXA | 19.1 | 14.5 | 2.60 | 4.14 | 2.73% | 21.6% | 13.6% | 1.4% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
SIXA valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Consumer Defensive | 25.6% | 22.9 | 18.4 | 2.56 | 9.50 | 3.37% | 41.5% |
| Healthcare | 17.7% | 29.8 | 14.2 | 4.37 | 6.29 | 2.75% | 21.1% |
| Technology | 15.4% | 25.5 | 15.9 | 8.81 | 13.12 | 0.53% | 51.4% |
| Communication Services | 10.2% | 8.7 | 8.1 | 1.01 | 1.38 | 5.69% | 15.9% |
| Financial Services | 8.2% | 13.5 | 12.1 | 3.50 | 2.06 | 2.39% | 15.2% |
| Industrials | 7.8% | 20.2 | 18.2 | 1.35 | 4.28 | 1.56% | 21.1% |
| Energy | 4.5% | 20.4 | 13.3 | 2.47 | 2.41 | 2.29% | 11.8% |
| Consumer Cyclical | 4.1% | 19.3 | 17.0 | 4.47 | 12.94 | 1.47% | 67.1% |
| Utilities | 2.9% | 18.3 | 15.9 | 2.89 | 1.66 | 3.57% | 9.0% |
| Real Estate | 2.8% | 25.5 | 24.6 | 7.89 | 21.39 | 3.86% | 83.9% |
SIXA earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How SIXA weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
SIXA largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| MO | Altria Group, Inc. | 5.72% | 15.8 | 11.9 | 6.1 | 5.91% | 6.98% |
| PEP | PepsiCo, Inc. | 4.16% | 16.5 | 14.9 | 1.8 | 4.50% | 4.85% |
| BMY | Bristol-Myers Squibb Company | 4.04% | 13.2 | 9.4 | 2.5 | 4.22% | 5.92% |
| VZ | Verizon Communications Inc. | 3.98% | 11.7 | 8.7 | 1.3 | 6.32% | 6.58% |
| PM | Philip Morris International Inc. | 3.94% | 29.5 | 20.9 | 7.5 | 3.12% | 2.58% |
| T | AT&T Inc. | 3.58% | 7.7 | 9.9 | 1.3 | 4.74% | 8.92% |
| COP | ConocoPhillips | 3.07% | 19.4 | 12.7 | 2.7 | 2.29% | 3.05% |
| MDLZ | Mondelez International, Inc. | 2.99% | 23.5 | 18.2 | 2.1 | 3.25% | 2.45% |
| COST | Costco Wholesale Corporation | 2.94% | 47.6 | 40.3 | 1.4 | 0.59% | 1.19% |
| DUK | Duke Energy Corporation | 2.93% | 18.3 | 15.9 | 2.9 | 3.57% | 3.09% |
| WMT | Walmart Inc. | 2.88% | 43.0 | 38.0 | 1.3 | 0.83% | 1.29% |
| LLY | Eli Lilly and Company | 2.82% | 42.2 | 24.4 | 14.1 | 0.55% | 1.29% |
| AMT | American Tower Corporation | 2.81% | 25.5 | 24.6 | 7.9 | 3.86% | 2.12% |
| CMCSA | Comcast Corporation | 2.68% | 7.1 | 5.9 | 0.6 | 6.03% | 7.31% |
| USB | U.S. Bancorp | 2.65% | 11.4 | 10.4 | 3.3 | 3.68% | 4.47% |
| FDX | FedEx Corporation | 2.62% | 15.8 | 14.2 | 0.7 | 1.66% | 3.19% |
| JNJ | Johnson & Johnson | 2.51% | 38.8 | 21.0 | 6.2 | 2.10% | 1.24% |
| MU | Micron Technology, Inc. | 2.05% | 11.8 | 7.0 | 7.5 | 0.07% | 3.34% |
| SNDK | Sandisk Corporation | 1.86% | 17.6 | 8.0 | 9.3 | — | 2.03% |
| LRCX | Lam Research Corporation | 1.84% | 45.8 | 33.7 | 14.2 | 0.50% | 0.77% |
| PG | The Procter & Gamble Company | 1.55% | 24.1 | 21.2 | 4.3 | 2.73% | 1.24% |
| LMT | Lockheed Martin Corporation | 1.52% | 20.3 | 16.2 | 1.7 | 2.61% | 1.44% |
| MCD | McDonald's Corporation | 1.47% | 19.7 | 17.1 | 6.2 | 3.18% | 1.44% |
| ABBV | AbbVie Inc. | 1.47% | 80.6 | 16.4 | 7.8 | 2.42% | 0.35% |
| AMGN | Amgen Inc. | 1.46% | 26.9 | 16.7 | 6.1 | 2.33% | 1.05% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About SIXA valuation
Adding up its 48 holdings with company data, SIXA trades at 19.1 times trailing earnings and 14.5 times analysts' forward estimates, with a price-to-book ratio of 4.14 and a dividend yield of 2.73%. Its earnings yield of 5.23% is 0.09 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 37.4% of the fund and earn 45.6% of its combined profit. By sector, Healthcare is the most expensive at 29.8 times earnings and Communication Services the cheapest at 8.7. Companies that lost money over the past year are 1.4% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 99.5% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: SIXA chart, SIXA performance, SIXA holdings, SIXA dividends.
SIXA valuation FAQ
What is the P/E ratio of SIXA?
Based on its holdings, SIXA has a trailing P/E of 19.1 and a forward P/E of 14.5 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of SIXA?
The trailing earnings yield is 5.23% (1 ÷ P/E) and the forward earnings yield 6.92%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is SIXA more expensive than the S&P 500?
SIXA trades at 19.1 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 14.5 and 19.9.
What is the price-to-book ratio of SIXA?
The holdings of SIXA trade at 4.14 times book value, with a combined return on equity of 21.6%.
Which sector in SIXA has the highest P/E?
Healthcare has the highest P/E at 29.8 and Communication Services the lowest at 8.7.