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ETC 6 Meridian Low Beta Equity ETF

$37.53Last updated
-$0.02 (0.05%)Past day
Timezone

ETC 6 Meridian Low Beta Equity ETF (AMEX: SIXL) is an exchange-traded fund listed on NYSE Arca, trading at $37.53 (about ₹3,606 a unit) as of 28 Sep 2026, 11:33 AM ET. It has an expense ratio of 0.31% and holds 240 securities. Indian residents can buy SIXL through Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$37.53
Previous close:$37.55
Volume:210.00

Today's low

$37.53

Today's high

$37.53

52 week low

$35.69

52 week high

$40.92

SIXL opened at $37.53, closed previously at $37.55, and has traded between $35.69 and $40.92 over the past 52 weeks.

About

Under typical market conditions, this fund is committed to investing at least 80% of its total capital, which includes any amounts borrowed for investment purposes, into equity securities. The primary focus for these equity holdings is common stocks. The fund possesses the latitude to acquire shares from companies of any market capitalization and may also include Real Estate Investment Trusts (REITs) in its portfolio.

Issuer
Meridian
Exchange listed on
AMEX
Asset class
Equity
Base currency
USD
Domicile
United States
Dividends
Distributing
Launched
2020
ISIN
US3015056993

Key statistics

Expense ratio

0.31%

Assets (AUM)

$193.9M

Holdings

240

NAV

$37.65

Avg. volume

—

1-year price change

+1.62%

5-year price change

+11.40%

Price change excludes dividends.

Top 10 holdings

1. CASH & OTHER
0.7%
2. DYNATRACE INC
0.5%
3. CVR ENERGY INC
0.5%
4. QUALYS INC
0.5%
5. VITA COCO CO INC/THE
0.5%
6. CINEMARK HOLDINGS INC
0.5%
7. SIRIUSPOINT LTD
0.5%
8. SCIENCE APPLICATIONS INTERNATIONAL CORP
0.5%
9. ABBVIE INC.
0.5%
10. ANI PHARMACEUTICALS INC
0.5%

SIXL holds 240 securities in total. These 10 are 4.9% of the fund.

Where the money is invested

Sectors

Financial Services
16.8%
Consumer Defensive
16.3%
Utilities
14.7%
Energy
12.8%
Real Estate
11.8%
Healthcare
10.3%

Countries

United States
94.3%
Bermuda
3.0%
Ireland
0.8%
Other
0.7%
Switzerland
0.4%
Cayman Islands
0.4%

How to buy SIXL from India

Indian residents can buy SIXL units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.

  1. Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.

  3. Search SIXL and buy

    Find the fund by its ticker, SIXL, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.

Read the full guide: how to invest in SIXL from India

Trading and taxes when buying SIXL from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India.Dividend tax explained
US estate tax
May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator

Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

What is the SIXL price today?

ETC 6 Meridian Low Beta Equity ETF (SIXL) last traded at $37.53 on NYSE Arca, as of 28 Sep 2026, 11:33 AM ET. That is ₹3,606 a unit at the 28 Sep 2026 USD/INR rate.

When does SIXL trade, in Indian time?

NYSE Arca trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

How big is SIXL, and what does it cost to hold?

ETC 6 Meridian Low Beta Equity ETF manages about $193.9M. Its expense ratio is 0.31% a year, deducted inside the fund. It launched in 2020.

What are SIXL's largest holdings?

The top three are CASH & OTHER (0.7%), DYNATRACE INC (0.5%) and CVR ENERGY INC (0.5%). SIXL's 10 largest positions make up 4.9% of the fund.

Does SIXL pay dividends?

Yes. SIXL is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.

How are gains on SIXL taxed in India?

Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.

Can I buy fractional units of SIXL?

Yes. You can buy SIXL by amount rather than by whole unit, and there is no minimum trade size.

How has SIXL performed?

SIXL's price is up 1.6% over the past year and up 11.4% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.