SIXG
Defiance Connective Technologies ETF
SIXG invests in companies engaged in the research and development or commercialization of systems and materials used in 5G communications, as well as cell tower or data center REITs.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
582.6 M
ASSETS UNDER MGMT
30 bp
EXPENSES
Fund Basics
| Fund sponsor | Defiance |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Mar 04, 2019 |
| Assets (mns) | $583 |
| Expense ratio | 30 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | |
| Taxation | 1099 |
| Stock selection | |
| Weighting | |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| NVIDIA CORP | 5.4 % |
| BROADCOM INC. | 5.2 % |
| ORACLE CORP | 4.8 % |
| APPLE INC | 4.8 % |
| CISCO SYSTEMS INC | 4.0 % |
| QUALCOMM INC | 3.5 % |
| ARISTA NETWORKS, INC. | 2.8 % |
| MARVELL TECHNOLOGY, INC. | 2.1 % |
| DATADOG INC CLASS A | 2.1 % |
| CREDO TECHNOLOGY GROUP HOLDING LTD. | 2.0 % |
Constituent Breakdown
| Number of holdings | 49 |
| Herfindahl-Hirschman Index | 251 |
| Wgt avg mkt cap (mns) | $306,001 |
| Large cap (>$10bn) | 64.4% |
| Mid cap ($2-10bn) | 23.1% |
| Small cap (<$2bn) | 12.5% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 90.4 % |
 |
SWEDEN | 1.9 % |
 |
FINLAND | 1.9 % |
 |
CANADA | 1.9 % |
 |
BRITAIN | 1.8 % |
Historical Performance
Standardized Performance (as of 09/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | -- | -- | -- | -- | -- | -- | -- | Volatility | -- | -- | -- | -- | -- | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.00 | 0% |
| MSCI EAFE | 0.00 | 0% |
| MSCI Emg Mkts | 0.00 | 0% |
Liquidity Measures
| Avg. volume (000) | 20 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.00% |
| ADV of underlying (mns) | $54,034 |
Technical Indicators
| Recent close | $44.99 |
| 30d moving avg. | $42.79 |
| Annualized volatility | 0.0% |
| Relative strength (RSI) | 0 |
| Short interest (ETF) | 0.0% |
| 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. SIXG |
Expenses vs. SIXG |
ALTAR Score™ vs. SIXG |
|---|---|---|---|---|
| FIVG | Defiance Next Gen Connectivity ETF | 74.8% | 0 bp | +0.7% |
| IDAT | iShares Future Cloud 5G and Tech ETF | 34.3% | +17 bp | -1.0% |
| KNCT | Invesco Next Gen Connectivity ETF | 32.5% | +10 bp | +0.4% |
| TRFK | Pacer Data and Digital Revolution ETF | 31.4% | +30 bp | -1.6% |
| XTL | SPDR S&P Telecom ETF | 29.8% | +5 bp | -1.1% |
| XPND | First Trust Expanded Technology ETF | 27.8% | +35 bp | -0.7% |
| IDGT | iShares U.S. Digital Infrastructure and Real Estate ETF | 27.3% | +11 bp | +2.3% |
| VEGN | US Vegan Climate ETF | 26.2% | +30 bp | -0.6% |
| NXTG | First Trust Indxx NextG ETF | 25.4% | +40 bp | +1.7% |
| XLK | Technology Select Sector SPDR Fund | 24.7% | -21 bp | -0.1% |
Risk and Returns: SIXG 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 10/21/2024
Peer Group Comparison Sample data. Subscribe for access.
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
SIXG
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
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
SIXG
5.1%
Cat. Avg
5.5%
ALTAR Score™ Calculation
Category Overview
There are 933 funds in the US Equity category, with an average ALTAR Score™
of 5.5% and a standard deviation of
2.4%. SIXG's ALTAR Score™ is approximately
0.2 standard deviations
below
the category average. This places SIXG in the 43rd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
SIXGSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 609 |
| Avg. Expense Ratio | 46.6 bp |
| Std. Deviation | 32.9 bp |
| SIXG (30 bp) Percentile rank | 31 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| SIXG | 30.0 | 0.0 | 30 |
| Peer Avg. | 37.8 | 15.4 | 53.2 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .