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Six Circles Managed Equity Portfolio U.S. Unconstr...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US83002G5045

Issuer

Blackrock

Inception Date

Apr 10, 2019

Min. Investment

$0

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
CMEUX vs. CGJIX CMEUX vs. JMUEX CMEUX vs. QQQ CMEUX vs. VFORX CMEUX vs. VFIAX CMEUX vs. ^GSPC CMEUX vs. FXAIX
Popular comparisons:
CMEUX vs. CGJIX CMEUX vs. JMUEX CMEUX vs. QQQ CMEUX vs. VFORX CMEUX vs. VFIAX CMEUX vs. ^GSPC CMEUX vs. FXAIX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Six Circles Managed Equity Portfolio U.S. Unconstrained Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
12.54%
12.53%
CMEUX (Six Circles Managed Equity Portfolio U.S. Unconstrained Fund)
Benchmark (^GSPC)

Returns By Period

Six Circles Managed Equity Portfolio U.S. Unconstrained Fund had a return of 26.52% year-to-date (YTD) and 32.12% in the last 12 months.


CMEUX

YTD

26.52%

1M

2.72%

6M

12.54%

1Y

32.12%

5Y (annualized)

17.30%

10Y (annualized)

N/A

^GSPC (Benchmark)

YTD

25.15%

1M

2.97%

6M

12.53%

1Y

31.00%

5Y (annualized)

13.95%

10Y (annualized)

11.21%

Monthly Returns

The table below presents the monthly returns of CMEUX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20241.79%5.81%2.88%-4.20%5.12%4.12%0.51%2.25%2.50%-1.07%26.52%
20236.33%-2.58%4.64%1.20%1.88%6.00%3.80%-1.49%-4.40%-2.04%9.27%4.17%29.09%
2022-5.75%-3.05%3.80%-9.41%0.00%-7.60%9.28%-4.28%-9.37%7.16%5.27%-6.13%-20.29%
2021-0.58%1.83%3.45%5.63%0.53%3.93%2.01%3.40%-4.95%6.34%-0.83%3.64%26.65%
20200.55%-6.69%-8.24%12.99%4.11%2.33%6.93%8.29%-3.64%-2.59%10.49%3.75%29.12%
20191.80%-6.09%5.75%1.29%-2.83%1.61%3.36%4.02%2.95%11.91%

Expense Ratio

CMEUX has an expense ratio of 0.07%, which is considered low compared to other funds.


Expense ratio chart for CMEUX: current value at 0.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.07%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of CMEUX is 81, placing it in the top 19% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of CMEUX is 8181
Combined Rank
The Sharpe Ratio Rank of CMEUX is 8080
Sharpe Ratio Rank
The Sortino Ratio Rank of CMEUX is 7676
Sortino Ratio Rank
The Omega Ratio Rank of CMEUX is 7676
Omega Ratio Rank
The Calmar Ratio Rank of CMEUX is 8888
Calmar Ratio Rank
The Martin Ratio Rank of CMEUX is 8383
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Six Circles Managed Equity Portfolio U.S. Unconstrained Fund (CMEUX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for CMEUX, currently valued at 2.47, compared to the broader market-1.000.001.002.003.004.005.002.472.53
The chart of Sortino ratio for CMEUX, currently valued at 3.34, compared to the broader market0.005.0010.003.343.39
The chart of Omega ratio for CMEUX, currently valued at 1.46, compared to the broader market1.002.003.004.001.461.47
The chart of Calmar ratio for CMEUX, currently valued at 3.54, compared to the broader market0.005.0010.0015.0020.003.543.65
The chart of Martin ratio for CMEUX, currently valued at 15.76, compared to the broader market0.0020.0040.0060.0080.00100.0015.7616.21
CMEUX
^GSPC

The current Six Circles Managed Equity Portfolio U.S. Unconstrained Fund Sharpe ratio is 2.47. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Six Circles Managed Equity Portfolio U.S. Unconstrained Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.47
2.53
CMEUX (Six Circles Managed Equity Portfolio U.S. Unconstrained Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Six Circles Managed Equity Portfolio U.S. Unconstrained Fund provided a 0.92% dividend yield over the last twelve months, with an annual payout of $0.19 per share. The fund has been increasing its distributions for 2 consecutive years.


0.90%1.00%1.10%1.20%1.30%1.40%1.50%$0.00$0.05$0.10$0.15$0.2020192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019
Dividend$0.19$0.19$0.18$0.15$0.20$0.12

Dividend yield

0.92%1.16%1.38%0.89%1.48%1.12%

Monthly Dividends

The table displays the monthly dividend distributions for Six Circles Managed Equity Portfolio U.S. Unconstrained Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.19$0.19
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.18$0.18
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.15$0.15
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.20$0.20
2019$0.12$0.12

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.47%
-0.53%
CMEUX (Six Circles Managed Equity Portfolio U.S. Unconstrained Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Six Circles Managed Equity Portfolio U.S. Unconstrained Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Six Circles Managed Equity Portfolio U.S. Unconstrained Fund was 28.39%, occurring on Mar 23, 2020. Recovery took 53 trading sessions.

The current Six Circles Managed Equity Portfolio U.S. Unconstrained Fund drawdown is 0.47%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-28.39%Feb 20, 202023Mar 23, 202053Jun 8, 202076
-25.61%Dec 28, 2021200Oct 12, 2022294Dec 13, 2023494
-9.07%Jul 17, 202414Aug 5, 202432Sep 19, 202446
-8.1%Apr 30, 201924Jun 3, 201922Jul 3, 201946
-7.6%Sep 3, 202014Sep 23, 202013Oct 12, 202027

Volatility

Volatility Chart

The current Six Circles Managed Equity Portfolio U.S. Unconstrained Fund volatility is 3.98%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctoberNovember
3.98%
3.97%
CMEUX (Six Circles Managed Equity Portfolio U.S. Unconstrained Fund)
Benchmark (^GSPC)