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CMEUX vs. FASGX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

CMEUX vs. FASGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Six Circles Managed Equity Portfolio U.S. Unconstrained Fund (CMEUX) and Fidelity Asset Manager 70% Fund (FASGX). The values are adjusted to include any dividend payments, if applicable.

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CMEUX vs. FASGX - Yearly Performance Comparison


2026 (YTD)2025202420232022202120202019
CMEUX
Six Circles Managed Equity Portfolio U.S. Unconstrained Fund
-7.87%18.38%24.94%29.09%-20.29%26.65%29.12%12.13%
FASGX
Fidelity Asset Manager 70% Fund
-2.99%18.23%10.81%16.45%-16.83%13.98%17.19%9.37%

Returns By Period

In the year-to-date period, CMEUX achieves a -7.87% return, which is significantly lower than FASGX's -2.99% return.


CMEUX

1D
-0.45%
1M
-7.26%
YTD
-7.87%
6M
-4.82%
1Y
15.59%
3Y*
17.52%
5Y*
11.14%
10Y*

FASGX

1D
-0.24%
1M
-7.42%
YTD
-2.99%
6M
-0.12%
1Y
15.54%
3Y*
11.72%
5Y*
6.38%
10Y*
8.70%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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CMEUX vs. FASGX - Expense Ratio Comparison

CMEUX has a 0.07% expense ratio, which is lower than FASGX's 0.67% expense ratio.


Return for Risk

CMEUX vs. FASGX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CMEUX
CMEUX Risk / Return Rank: 4646
Overall Rank
CMEUX Sharpe Ratio Rank: 4343
Sharpe Ratio Rank
CMEUX Sortino Ratio Rank: 4848
Sortino Ratio Rank
CMEUX Omega Ratio Rank: 5252
Omega Ratio Rank
CMEUX Calmar Ratio Rank: 4141
Calmar Ratio Rank
CMEUX Martin Ratio Rank: 4848
Martin Ratio Rank

FASGX
FASGX Risk / Return Rank: 7070
Overall Rank
FASGX Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
FASGX Sortino Ratio Rank: 7171
Sortino Ratio Rank
FASGX Omega Ratio Rank: 6969
Omega Ratio Rank
FASGX Calmar Ratio Rank: 6969
Calmar Ratio Rank
FASGX Martin Ratio Rank: 7272
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CMEUX vs. FASGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Six Circles Managed Equity Portfolio U.S. Unconstrained Fund (CMEUX) and Fidelity Asset Manager 70% Fund (FASGX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


CMEUXFASGXDifference

Sharpe ratio

Return per unit of total volatility

0.86

1.21

-0.35

Sortino ratio

Return per unit of downside risk

1.35

1.73

-0.38

Omega ratio

Gain probability vs. loss probability

1.21

1.26

-0.05

Calmar ratio

Return relative to maximum drawdown

1.04

1.55

-0.51

Martin ratio

Return relative to average drawdown

4.77

6.89

-2.11

CMEUX vs. FASGX - Sharpe Ratio Comparison

The current CMEUX Sharpe Ratio is 0.86, which is comparable to the FASGX Sharpe Ratio of 1.21. The chart below compares the historical Sharpe Ratios of CMEUX and FASGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


CMEUXFASGXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.86

1.21

-0.35

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.63

0.53

+0.10

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.70

Sharpe Ratio (All Time)

Calculated using the full available price history

0.73

0.60

+0.13

Correlation

The correlation between CMEUX and FASGX is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

CMEUX vs. FASGX - Dividend Comparison

CMEUX's dividend yield for the trailing twelve months is around 1.10%, less than FASGX's 7.56% yield.


TTM20252024202320222021202020192018201720162015
CMEUX
Six Circles Managed Equity Portfolio U.S. Unconstrained Fund
1.10%1.01%1.02%1.16%1.52%4.12%3.33%1.72%0.00%0.00%0.00%0.00%
FASGX
Fidelity Asset Manager 70% Fund
7.56%7.33%4.60%1.72%6.69%2.73%2.20%5.19%6.31%2.75%0.20%5.58%

Drawdowns

CMEUX vs. FASGX - Drawdown Comparison

The maximum CMEUX drawdown since its inception was -28.39%, smaller than the maximum FASGX drawdown of -47.35%. Use the drawdown chart below to compare losses from any high point for CMEUX and FASGX.


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Drawdown Indicators


CMEUXFASGXDifference

Max Drawdown

Largest peak-to-trough decline

-28.39%

-47.35%

+18.96%

Max Drawdown (1Y)

Largest decline over 1 year

-12.09%

-9.07%

-3.02%

Max Drawdown (5Y)

Largest decline over 5 years

-25.61%

-23.54%

-2.07%

Max Drawdown (10Y)

Largest decline over 10 years

-27.20%

Current Drawdown

Current decline from peak

-9.51%

-7.95%

-1.56%

Average Drawdown

Average peak-to-trough decline

-5.44%

-6.74%

+1.30%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.75%

2.04%

+0.71%

Volatility

CMEUX vs. FASGX - Volatility Comparison

The current volatility for Six Circles Managed Equity Portfolio U.S. Unconstrained Fund (CMEUX) is 4.27%, while Fidelity Asset Manager 70% Fund (FASGX) has a volatility of 4.57%. This indicates that CMEUX experiences smaller price fluctuations and is considered to be less risky than FASGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


CMEUXFASGXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.27%

4.57%

-0.30%

Volatility (6M)

Calculated over the trailing 6-month period

9.43%

7.78%

+1.65%

Volatility (1Y)

Calculated over the trailing 1-year period

18.79%

12.82%

+5.97%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.93%

12.14%

+5.79%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.10%

12.56%

+7.54%