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
48.3 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) | $48 |
| 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) | $539,610 |
| Large cap (>$10bn) | 95.4% |
| Mid cap ($2-10bn) | 4.6% |
| 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 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 13.8% | 30.6% | 21.8% | -- | -- | -- | 3.6% | Volatility | 14.6% | 14.1% | 14.8% | 19.4% | -- | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.04 | 91% |
| MSCI EAFE | 0.83 | 61% |
| MSCI Emg Mkts | 0.62 | 32% |
Liquidity Measures
| Avg. volume (000) | 3 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.26% |
| ADV of underlying (mns) | $62,937 |
Technical Indicators
| Recent close | $31.69 |
| 30d moving avg. | $30.84 |
| Annualized volatility | 18.8% |
| Relative strength (RSI) | 51 |
| Short interest (ETF) | 0.8% |
| 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 | +0.5% |
| TMFE | Motley Fool Capital Efficiency 100 Index ETF | 37.4% | -50 bp | +0.3% |
| QUAL | iShares MSCI USA Quality Factor ETF | 37.2% | -85 bp | +1.3% |
| CAML | Congress Large Cap Growth ETF | 36.3% | -34 bp | -0.8% |
| QGRW | WisdomTree U.S. Quality Growth Fund | 35.0% | -72 bp | +0.8% |
| SAWG | AAM Sawgrass US Large Cap Quality Growth ETF | 32.7% | -51 bp | +1.3% |
| TECB | iShares U.S. Tech Breakthrough Multisector ETF | 31.7% | -60 bp | -0.1% |
| OMFL | Invesco Russell 1000 Dynamic Multifactor ETF | 31.3% | -71 bp | +0.3% |
| VEGN | US Vegan Climate ETF | 31.1% | -40 bp | +0.5% |
| NULG | Nuveen ESG Large-Cap Growth ETF | 30.9% | -74 bp | +0.1% |
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 11/15/2024
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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
4.0%
Cat. Avg
5.5%
ALTAR Score™ Calculation
Category Overview
There are 973 funds in the US Equity category, with an average ALTAR Score™
of 5.5% 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 28th 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 | 83 |
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. | 67.8 | 48.9 | 116.7 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .