6 Meridian Small Cap Equity ETF (SIXS) Valuation

NYSE Arca: SIXSP/E, earnings yield and other ratios of the holdings combined.

SIXS valuation today

Holdings combined · company data as of Oct 26, 2026

P/E (TTM): 13.2
Forward P/E: 11.0
Price / sales: 0.88
Price / book: 1.50
EV / EBITDA: 6.7
Earnings yield: 7.58%
Dividend yield: 2.48%
Return on equity: 11.4%
Net margin: 6.7%
Beta: 0.79

SIXS valuation vs other stock ETFs

P/E (TTM)Forward P/E

SIXS valuation compared with other stock ETFs
ETF	P/E	Fwd P/E	P/S	P/B	Div. yield	ROE	Net margin	Loss-makers
SIXS	13.2	11.0	0.88	1.50	2.48%	11.4%	6.7%	3.4%
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.

SIXS valuation by sector

P/E (TTM)Forward P/E

SIXS valuation by sector
Sector	Weight	P/E	Fwd P/E	P/S	P/B	Div. yield	ROE
Real Estate	12.6%	21.6	17.9	2.12	1.35	6.69%	6.2%
Financial Services	12.0%	12.4	10.5	1.82	1.09	2.10%	8.8%
Healthcare	11.9%	11.2	10.2	1.17	2.10	0.00%	18.7%
Energy	11.6%	9.5	11.1	1.13	2.01	2.30%	21.3%
Utilities	11.2%	15.8	16.9	1.77	1.51	2.99%	9.6%
Consumer Defensive	11.1%	29.2	15.1	0.93	1.52	2.82%	5.2%
Technology	8.9%	17.5	7.8	0.42	1.46	1.19%	8.3%
Consumer Cyclical	8.8%	9.5	8.0	0.33	1.23	1.34%	12.9%
Industrials	8.1%	10.5	9.1	0.85	1.77	2.48%	17.0%
Basic Materials	0.8%	6.1	6.5	1.30	2.74	0.00%	45.3%

SIXS earnings yield vs bond yields

SIXS earnings yield (forward)

9.07%

SIXS earnings yield (trailing)

7.58%

SIXS dividend yield

2.48%

Bond market yield (AGG)

5.33%

T-bill yield (BIL)

3.91%

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 SIXS weight splits by P/E

Share of the covered weight in companies with a trailing P/E in each range.

SIXS largest holdings: valuation

SIXS largest holdings valuation
Symbol	Company	Weight	P/E	Fwd P/E	P/S	Div. yield	Share of earnings
INSW	International Seaways, Inc.	2.54%	7.0	15.1	4.3	7.44%	4.98%
INVA	Innoviva, Inc.	2.21%	4.9	8.5	3.4	—	6.28%
AGO	Assured Guaranty Ltd.	2.18%	9.4	11.1	3.8	2.15%	3.19%
PARR	Par Pacific Holdings, Inc.	2.18%	4.9	10.5	0.5	—	6.16%
GPOR	Gulfport Energy Corporation	2.03%	6.6	6.8	2.2	—	4.24%
CALM	Cal-Maine Foods, Inc.	1.80%	51.7	19.8	1.2	3.85%	0.48%
SIG	Signet Jewelers Limited	1.68%	13.7	9.3	0.7	1.18%	1.69%
DXC	DXC Technology Company	1.65%	17.9	4.2	0.2	—	1.26%
ASO	Academy Sports and Outdoors, Inc.	1.64%	9.8	7.3	0.6	1.02%	2.29%
AMN	AMN Healthcare Services, Inc.	1.60%	15.1	18.0	0.5	—	1.46%
CVI	CVR Energy, Inc.	1.57%	91.7	40.5	0.7	0.65%	0.24%
HCSG	Healthcare Services Group, Inc.	1.36%	12.4	17.4	0.8	—	1.52%
BOX	Box, Inc.	1.33%	57.3	17.6	4.4	—	0.32%
APOG	Apogee Enterprises, Inc.	1.32%	13.1	13.8	0.6	2.61%	1.39%
JJSF	J&J Snack Foods Corp.	1.31%	30.5	23.8	1.0	4.06%	0.59%
PAYC	Paycom Software, Inc.	1.30%	26.6	16.7	5.3	0.60%	0.67%
SBH	Sally Beauty Holdings, Inc.	1.29%	8.5	7.4	0.4	—	2.09%
FIZZ	National Beverage Corp.	1.27%	18.8	18.5	2.8	—	0.93%
SCSC	ScanSource, Inc.	1.27%	16.5	11.8	0.4	—	1.06%
EIG	Employers Holdings, Inc.	1.26%	68.3	13.6	1.1	2.66%	0.25%
MD	Pediatrix Medical Group, Inc.	1.25%	13.1	9.3	1.1	—	1.32%
SPNT	SiriusPoint Ltd.	1.25%	6.2	9.2	1.0	—	2.78%
LTC	LTC Properties, Inc.	1.24%	15.6	12.5	6.9	5.22%	1.09%
GIII	G-III Apparel Group, Ltd.	1.24%	9.2	9.8	0.4	1.41%	1.85%
NWN	Northwest Natural Holding Company	1.22%	16.3	14.5	1.6	4.08%	1.03%

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 SIXS valuation

Adding up its 79 holdings with company data, SIXS trades at 13.2 times trailing earnings and 11.0 times analysts' forward estimates, with a price-to-book ratio of 1.50 and a dividend yield of 2.48%. Its earnings yield of 7.58% is 2.25 points above the 5.33% yield to maturity of the U.S. bond market (AGG).

The ten largest holdings are 19.5% of the fund and earn 32.0% of its combined profit. By sector, Consumer Defensive is the most expensive at 29.2 times earnings and Basic Materials the cheapest at 6.1. Companies that lost money over the past year are 3.4% 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 95.2% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.

SIXS valuation FAQ

What is the P/E ratio of SIXS?

Based on its holdings, SIXS has a trailing P/E of 13.2 and a forward P/E of 11.0 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).

What is the earnings yield of SIXS?

The trailing earnings yield is 7.58% (1 ÷ P/E) and the forward earnings yield 9.07%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.

Is SIXS more expensive than the S&P 500?

SIXS trades at 13.2 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 11.0 and 19.9.

What is the price-to-book ratio of SIXS?

The holdings of SIXS trade at 1.50 times book value, with a combined return on equity of 11.4%.

Which sector in SIXS has the highest P/E?

Consumer Defensive has the highest P/E at 29.2 and Basic Materials the lowest at 6.1.