CMEUX vs. ^GSPC
Compare and contrast key facts about Six Circles Managed Equity Portfolio U.S. Unconstrained Fund (CMEUX) and S&P 500 (^GSPC).
CMEUX is managed by Blackrock. It was launched on Apr 10, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CMEUX or ^GSPC.
Correlation
The correlation between CMEUX and ^GSPC is 0.97, 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.
Performance
CMEUX vs. ^GSPC - Performance Comparison
Key characteristics
CMEUX:
1.26
^GSPC:
1.34
CMEUX:
1.73
^GSPC:
1.83
CMEUX:
1.23
^GSPC:
1.24
CMEUX:
1.88
^GSPC:
2.03
CMEUX:
7.50
^GSPC:
8.08
CMEUX:
2.27%
^GSPC:
2.14%
CMEUX:
13.53%
^GSPC:
12.93%
CMEUX:
-28.39%
^GSPC:
-56.78%
CMEUX:
-3.66%
^GSPC:
-3.09%
Returns By Period
In the year-to-date period, CMEUX achieves a 0.53% return, which is significantly lower than ^GSPC's 1.24% return.
CMEUX
0.53%
-2.57%
5.18%
15.53%
15.50%
N/A
^GSPC
1.24%
-1.92%
5.42%
15.91%
14.06%
11.02%
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Risk-Adjusted Performance
CMEUX vs. ^GSPC — Risk-Adjusted Performance Rank
CMEUX
^GSPC
CMEUX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Six Circles Managed Equity Portfolio U.S. Unconstrained Fund (CMEUX) and S&P 500 (^GSPC). 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.
Drawdowns
CMEUX vs. ^GSPC - Drawdown Comparison
The maximum CMEUX drawdown since its inception was -28.39%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for CMEUX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
CMEUX vs. ^GSPC - Volatility Comparison
Six Circles Managed Equity Portfolio U.S. Unconstrained Fund (CMEUX) has a higher volatility of 3.96% compared to S&P 500 (^GSPC) at 3.71%. This indicates that CMEUX's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.