SXQG
ETC 6 Meridian Quality Growth ETF
SXQG is an actively-managed fund of US-based companies that exhibit high quality and growth characteristics relative to their peers.
US
EQUITY
Active
MANAGEMENT STYLE
46.0 M
ASSETS UNDER MGMT
100 bp
EXPENSES
Fund Basics
Fund sponsor | Exchange Traded Concepts |
Category | US |
Asset class | Equity |
Website | link... |
Inception date | May 10, 2021 |
Assets (mns) | $46 |
Expense ratio | 100 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Monthly |
Taxation | 1099 |
Stock selection | Proprietary |
Weighting | Proprietary |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | No |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
APPLE INC | 6.1 % |
ALPHABET INC. CLASS A | 5.9 % |
NVIDIA CORP | 5.8 % |
COSTCO WHOLESALE CORP | 4.5 % |
VISA INC. CLASS A | 4.4 % |
HOME DEPOT INC | 4.1 % |
MASTERCARD INCORPORATED CLASS A | 4.0 % |
INTUITIVE SURGICAL INC | 4.0 % |
ADOBE SYSTEMS INC | 3.8 % |
SERVICENOW INC | 3.8 % |
Constituent Breakdown
Number of holdings | 89 |
Herfindahl-Hirschman Index | 323 |
Wgt avg mkt cap (mns) | $532,379 |
Large cap (>$10bn) | 95.1% |
Mid cap ($2-10bn) | 4.8% |
Small cap (<$2bn) | 0.1% |
Developed mkts. | 100.0% |
Emerging mkts. | 0.0% |
Country Exposure
UNITED STATES | 97.1 % | |
IRELAND | 3.5 % |
Historical Performance
Standardized Performance (as of 09/30/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | 14.1% | 28.9% | 27.1% | -- | -- | -- | 3.8% | Volatility | 13.8% | 13.1% | 17.5% | 19.0% | -- | -- | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 1.04 | 92% |
MSCI EAFE | 0.86 | 63% |
MSCI Emg Mkts | 0.64 | 33% |
Liquidity Measures
Avg. volume (000) | 2 |
Turnover | 0.1% |
Avg. Bid/Ask (% of price) | 0.26% |
ADV of underlying (mns) | $64,106 |
Technical Indicators
Recent close | $30.65 |
30d moving avg. | $30.02 |
Annualized volatility | 19.4% |
Relative strength (RSI) | 62 |
Short interest (ETF) | 0.7% |
Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. SXQG |
Expenses vs. SXQG |
ALTAR Score™ vs. SXQG |
---|---|---|---|---|
XPND | First Trust Expanded Technology ETF | 40.6% | -35 bp | +0.3% |
TMFE | Motley Fool Capital Efficiency 100 Index ETF | 39.5% | -50 bp | +0.3% |
QUAL | iShares MSCI USA Quality Factor ETF | 37.0% | -85 bp | +1.2% |
CAML | Congress Large Cap Growth ETF | 35.4% | -34 bp | -0.8% |
QGRW | WisdomTree U.S. Quality Growth Fund | 35.0% | -72 bp | +0.7% |
TECB | iShares U.S. Tech Breakthrough Multisector ETF | 32.0% | -60 bp | -0.2% |
VEGN | US Vegan Climate ETF | 30.9% | -40 bp | +0.4% |
NULG | Nuveen ESG Large-Cap Growth ETF | 30.9% | -74 bp | +0.1% |
PWB | Invesco Large Cap Growth ETF | 30.9% | -44 bp | -0.8% |
OMFL | Invesco Russell 1000 Dynamic Multifactor ETF | 30.8% | -71 bp | +0.2% |
Risk and Returns: SXQG vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
Price-to-sales | --x | --x | --x | --x |
Price-to-earnings | --x | --x | --x | --x |
Price-to-cash flow | --x | --x | --x | --x |
Price-to-growth | --x | --x | --x | --x |
Price-to-book value | --x | --x | --x | --x |
Yield | --% | --% | --x | --% |
Based on closing prices from 10/8/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
SXQG
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
ALTAR Score™
SXQG
4.1%
Cat. Avg
5.6%
ALTAR Score™ Calculation
Category Overview
There are 933 funds in the US Equity category, with an average ALTAR Score™
of 5.6% and a standard deviation of
2.4%. SXQG's ALTAR Score™ is approximately
0.6 standard deviations
below
the category average. This places SXQG in the 27th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
SXQGSELL
U/W
HOLD
O/W
BUY
Expense Analysis
Peer Group | Active US Equity ETFs |
# of ETFs | 308 |
Avg. Expense Ratio | 67.1 bp |
Std. Deviation | 37 bp |
SXQG (100 bp) Percentile rank | 82 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
SXQG | 100.0 | 25.9 | 125.9 |
Peer Avg. | 68.3 | 24.8 | 93.1 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .