6 Meridian Low Beta Equity Strategy ETF (SIXL) Valuation
SIXL valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 19.2 trailing earnings
- Forward P/E
- 14.4 analyst estimates
- Price / sales
- 1.42
- Price / book
- 2.18
- EV / EBITDA
- 10.7
- Earnings yield
- 5.20% inverse of P/E
- Dividend yield
- 2.32% of the holdings
- Return on equity
- 11.3% combined
- Net margin
- 7.4% combined
- Beta
- 0.59 weighted, vs S&P 500
SIXL valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| SIXL | 19.2 | 14.4 | 1.42 | 2.18 | 2.32% | 11.3% | 7.4% | 3.8% |
| 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.
SIXL valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Financial Services | 17.2% | 11.4 | 10.7 | 1.70 | 1.70 | 1.45% | 14.9% |
| Consumer Defensive | 16.3% | 34.9 | 15.1 | 0.91 | 2.32 | 2.56% | 6.6% |
| Utilities | 14.4% | 19.2 | 16.2 | 2.43 | 1.68 | 3.37% | 8.7% |
| Energy | 13.2% | 16.4 | 11.5 | 0.73 | 1.84 | 2.15% | 11.2% |
| Real Estate | 10.7% | 26.7 | 20.9 | 5.80 | 1.73 | 5.78% | 6.5% |
| Healthcare | 9.6% | 24.1 | 14.3 | 1.09 | 3.47 | 0.41% | 14.4% |
| Technology | 7.8% | 28.8 | 19.3 | 3.14 | 6.96 | 0.69% | 24.2% |
| Consumer Cyclical | 2.8% | 17.6 | 14.2 | 1.56 | 7.40 | 1.53% | 42.0% |
| Industrials | 2.6% | 31.0 | 22.6 | 2.22 | 3.16 | 0.98% | 10.2% |
| Communication Services | 2.4% | 13.9 | 13.7 | 1.82 | 2.58 | 2.63% | 18.6% |
| Basic Materials | 1.8% | 16.4 | 18.5 | 2.97 | 3.28 | 1.01% | 19.9% |
| Services | 0.5% | 14.2 | 15.3 | 1.60 | 2.99 | 2.71% | 21.0% |
SIXL 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 SIXL weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
SIXL largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| OPCH | Option Care Health, Inc. | 0.54% | 23.6 | 11.2 | 0.8 | — | 0.45% |
| AGPXX | Invesco Short-Term Investments Trust Government & Agency Portfolio Institutional | 0.54% | — | — | — | — | — |
| PCRX | Pacira BioSciences, Inc. | 0.54% | 103.8 | 6.2 | 1.9 | — | 0.10% |
| CVI | CVR Energy, Inc. | 0.54% | 91.7 | 40.5 | 0.7 | 0.65% | 0.12% |
| DT | Dynatrace, Inc. | 0.52% | 122.2 | 29.6 | 8.5 | — | 0.08% |
| QLYS | Qualys, Inc. | 0.50% | 31.4 | 21.9 | 9.1 | — | 0.31% |
| UTHR | United Therapeutics Corporation | 0.50% | 19.1 | 16.4 | 7.2 | — | 0.51% |
| PCTY | Paylocity Holding Corporation | 0.49% | 33.8 | 15.4 | 5.2 | — | 0.29% |
| SAIC | Science Applications International Corporation | 0.49% | 15.5 | 10.6 | 0.8 | 1.11% | 0.62% |
| BOX | Box, Inc. | 0.49% | 57.3 | 17.6 | 4.4 | — | 0.17% |
| FIZZ | National Beverage Corp. | 0.49% | 18.8 | 18.5 | 2.8 | — | 0.51% |
| MANH | Manhattan Associates, Inc. | 0.48% | 63.8 | 40.3 | 11.5 | — | 0.15% |
| BJ | BJ's Wholesale Club Holdings, Inc. | 0.48% | 21.7 | 19.2 | 0.6 | — | 0.43% |
| GWRE | Guidewire Software, Inc. | 0.47% | 103.6 | 34.8 | 9.4 | — | 0.09% |
| VLO | Valero Energy Corporation | 0.47% | 18.5 | 10.2 | 1.0 | 1.08% | 0.50% |
| DINO | HF Sinclair Corporation | 0.47% | 11.9 | 10.0 | 0.7 | 1.68% | 0.78% |
| EXLS | ExlService Holdings, Inc. | 0.47% | 25.0 | 13.6 | 2.7 | — | 0.37% |
| PG | The Procter & Gamble Company | 0.46% | 24.1 | 21.2 | 4.3 | 2.73% | 0.38% |
| ABBV | AbbVie Inc. | 0.46% | 80.6 | 16.4 | 7.8 | 2.42% | 0.11% |
| MCK | McKesson Corporation | 0.46% | 26.9 | 19.7 | 0.3 | 0.37% | 0.34% |
| QTWO | Q2 Holdings, Inc. | 0.46% | 43.9 | 18.0 | 4.6 | — | 0.21% |
| COKE | Coca-Cola Consolidated, Inc. | 0.46% | 27.9 | 17.4 | 1.8 | 0.48% | 0.33% |
| HSTM | HealthStream, Inc. | 0.46% | 46.0 | 33.8 | 3.2 | 0.41% | 0.20% |
| WMT | Walmart Inc. | 0.46% | 43.0 | 38.0 | 1.3 | 0.83% | 0.21% |
| MUR | Murphy Oil Corporation | 0.46% | 20.7 | 13.4 | 2.0 | 3.35% | 0.44% |
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 SIXL valuation
Adding up its 236 holdings with company data, SIXL trades at 19.2 times trailing earnings and 14.4 times analysts' forward estimates, with a price-to-book ratio of 2.18 and a dividend yield of 2.32%. Its earnings yield of 5.20% is 0.13 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 5.1% of the fund and earn 3.2% of its combined profit. By sector, Consumer Defensive is the most expensive at 34.9 times earnings and Financial Services the cheapest at 11.4. Companies that lost money over the past year are 3.8% 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 97.4% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: SIXL chart, SIXL performance, SIXL holdings, SIXL dividends.
SIXL valuation FAQ
What is the P/E ratio of SIXL?
Based on its holdings, SIXL has a trailing P/E of 19.2 and a forward P/E of 14.4 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of SIXL?
The trailing earnings yield is 5.20% (1 ÷ P/E) and the forward earnings yield 6.97%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is SIXL more expensive than the S&P 500?
SIXL trades at 19.2 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 14.4 and 19.9.
What is the price-to-book ratio of SIXL?
The holdings of SIXL trade at 2.18 times book value, with a combined return on equity of 11.3%.
Which sector in SIXL has the highest P/E?
Consumer Defensive has the highest P/E at 34.9 and Financial Services the lowest at 11.4.