6 Meridian Quality Growth ETF (SXQG) Valuation
SXQG valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 30.8 trailing earnings
- Forward P/E
- 23.2 analyst estimates
- Price / sales
- 6.13
- Price / book
- 12.73
- EV / EBITDA
- 20.8
- Earnings yield
- 3.25% inverse of P/E
- Dividend yield
- 0.49% of the holdings
- Return on equity
- 41.3% combined
- Net margin
- 19.9% combined
- Beta
- 1.19 weighted, vs S&P 500
SXQG valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| SXQG | 30.8 | 23.2 | 6.13 | 12.73 | 0.49% | 41.3% | 19.9% | 0.8% |
| 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.
SXQG valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 45.7% | 32.4 | 22.7 | 10.54 | 15.27 | 0.26% | 47.2% |
| Financial Services | 11.4% | 29.9 | 22.6 | 11.97 | 14.02 | 0.64% | 46.9% |
| Healthcare | 10.1% | 42.7 | 27.0 | 11.95 | 14.87 | 0.24% | 34.8% |
| Consumer Defensive | 8.5% | 37.2 | 32.2 | 2.45 | 11.04 | 1.18% | 29.7% |
| Communication Services | 7.4% | 20.3 | 22.7 | 8.76 | 8.07 | 0.25% | 39.8% |
| Consumer Cyclical | 7.3% | 25.4 | 20.5 | 2.99 | 10.87 | 0.75% | 42.8% |
| Industrials | 6.7% | 32.6 | 26.4 | 4.43 | 13.13 | 1.17% | 40.3% |
| Energy | 2.2% | 21.0 | 12.5 | 1.26 | 5.22 | 0.90% | 24.9% |
| Basic Materials | 0.1% | 19.9 | 21.0 | 5.89 | 4.58 | 0.10% | 23.1% |
SXQG 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 SXQG weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
SXQG largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| AAPL | Apple Inc. | 5.26% | 39.4 | 35.2 | 10.7 | 0.31% | 4.13% |
| MSFT | Microsoft Corporation | 4.92% | 29.5 | 25.1 | 11.8 | 0.74% | 5.16% |
| NVDA | NVIDIA Corporation | 4.44% | 27.1 | 24.9 | 17.1 | 0.47% | 5.07% |
| GOOGL | Alphabet Inc. | 4.43% | 17.1 | 22.8 | 9.3 | 0.26% | 8.01% |
| LLY | Eli Lilly and Company | 4.41% | 42.2 | 24.4 | 14.1 | 0.55% | 3.24% |
| PLTR | Palantir Technologies Inc. | 4.38% | 160.4 | 85.5 | 72.6 | — | 0.84% |
| MA | Mastercard Incorporated | 4.36% | 34.0 | 24.2 | 15.4 | 0.56% | 3.97% |
| COST | Costco Wholesale Corporation | 4.31% | 47.6 | 40.3 | 1.4 | 0.59% | 2.80% |
| V | Visa Inc. | 4.20% | 34.3 | 24.0 | 17.0 | 0.67% | 3.79% |
| MU | Micron Technology, Inc. | 3.50% | 11.8 | 7.0 | 7.5 | 0.07% | 9.15% |
| PANW | Palo Alto Networks, Inc. | 3.39% | 855.0 | 94.3 | 24.4 | — | 0.12% |
| KO | The Coca-Cola Company | 3.33% | 28.2 | 25.3 | 8.1 | 2.26% | 3.65% |
| CRWD | CrowdStrike Holdings, Inc. | 2.89% | — | 208.3 | 43.1 | — | 0.02% |
| TJX | The TJX Companies, Inc. | 2.12% | 27.3 | 24.9 | 2.6 | 1.30% | 2.41% |
| ISRG | Intuitive Surgical, Inc. | 2.10% | 48.9 | 33.3 | 13.7 | — | 1.33% |
| ANET | Arista Networks, Inc. | 2.06% | 55.8 | 39.2 | 21.2 | — | 1.14% |
| SNDK | Sandisk Corporation | 1.87% | 17.6 | 8.0 | 9.3 | — | 3.28% |
| IBKR | Interactive Brokers Group, Inc. | 1.75% | 31.6 | 28.2 | 20.0 | 0.42% | 1.71% |
| UBER | Uber Technologies, Inc. | 1.70% | 15.4 | 15.9 | 2.6 | — | 3.40% |
| VLO | Valero Energy Corporation | 1.58% | 18.5 | 10.2 | 1.0 | 1.08% | 2.63% |
| ADP | Automatic Data Processing, Inc. | 1.57% | 26.4 | 22.0 | 5.2 | 2.35% | 1.84% |
| ADBE | Adobe Inc. | 1.48% | 13.7 | 8.7 | 3.7 | — | 3.33% |
| WDC | Western Digital Corporation | 1.35% | 12.3 | 22.8 | 9.6 | 0.18% | 3.39% |
| ABNB | Airbnb, Inc. | 1.27% | 39.6 | 25.4 | 7.9 | — | 0.99% |
| DDOG | Datadog, Inc. | 1.23% | 494.2 | 84.7 | 22.4 | — | 0.08% |
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 SXQG valuation
Adding up its 82 holdings with company data, SXQG trades at 30.8 times trailing earnings and 23.2 times analysts' forward estimates, with a price-to-book ratio of 12.73 and a dividend yield of 0.49%. Its earnings yield of 3.25% is 2.08 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 44.2% of the fund and earn 46.2% of its combined profit. By sector, Healthcare is the most expensive at 42.7 times earnings and Basic Materials the cheapest at 19.9. Companies that lost money over the past year are 0.8% 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 99.5% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: SXQG chart, SXQG performance, SXQG holdings.
SXQG valuation FAQ
What is the P/E ratio of SXQG?
Based on its holdings, SXQG has a trailing P/E of 30.8 and a forward P/E of 23.2 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of SXQG?
The trailing earnings yield is 3.25% (1 ÷ P/E) and the forward earnings yield 4.30%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is SXQG more expensive than the S&P 500?
SXQG trades at 30.8 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 23.2 and 19.9.
What is the price-to-book ratio of SXQG?
The holdings of SXQG trade at 12.73 times book value, with a combined return on equity of 41.3%.
Which sector in SXQG has the highest P/E?
Healthcare has the highest P/E at 42.7 and Basic Materials the lowest at 19.9.