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Six Circles Managed Equity Portfolio International Unconstrained Fund (CMIUX) Sharpe Ratio: 1.45

Mutual Fund · Currency in USD · Last updated Jun 3, 2026

Under normal circumstances, the fund will invest at least 80% of its net assets (plus borrowings) in equity securities and other instruments with economic characteristics similar to equity securities. It may also invest in companies in emerging markets or developing countries, U.S. dollar-denominated securities issued by foreign entities, and American Depositary Receipts ("ADRs") or Global Depositary Receipts ("GDRs").

CMIUX's Sharpe Ratio of 1.45 indicates that for each unit of volatility, it generates 1.45 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 3, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

CMIUX Sharpe Ratio Rank

CMIUX Sharpe Ratio Rank: 24.725
Below Average

CMIUX ranks above 24.7% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

CMIUX Sharpe Ratio Market Positioning

The chart shows CMIUX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.42 or lower
  • Yellow zone (middle 50%): 1.42 to 2.51
  • Green zone (top 25%): 2.51 or higher
  • Top 1%: 4.64+
  • Median: 2.09 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Six Circles Managed Equity Portfolio International Unconstrained Fund's Sharpe Ratio with other mutual funds in the Europe Equities category across multiple time periods, showing how CMIUX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 3, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
UEPIXProFunds Europe 30 Fund3.12
DSEUXDoubleLine Shiller Enhanced International CAPE2.16
AEDAXInvesco EQV European Equity Fund1.85
CEEThe Central and Eastern Europe Fund1.56
CMIUXSix Circles Managed Equity Portfolio International Unconstrained Fund1.45
MEURXFranklin Mutual European Fund1.34
VEUPXVanguard European Stock Index Fund Institutional Plus Shares1.28
VESIXVanguard European Stock Index Fund Institutional Shares1.28
VEUSXVanguard European Stock Index Fund Admiral Shares1.27
VEURXVanguard European Stock Index Fund1.26

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows CMIUX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when CMIUX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

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