Six Circles Correlations

Mutual Funds . USA . 
Fund . Six Circles Unconstrained
CUSUX Fund  USD 18.79  0.02  0.11%   
The current 90-days correlation between Six Circles Unconstrained and Enhanced Fixed Income is 0.7 (i.e., Poor diversification). The correlation of Six Circles is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Six Circles Correlation With Market

Almost no diversification

The correlation between Six Circles Unconstrained and DJI is 0.92 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Six Circles Unconstrained and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Six Circles Unconstrained. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in employment.

Moving together with Six Mutual Fund

  0.96CUSDX Six Circles UltraPairCorr
  0.95CUTAX Six Circles TaxPairCorr
  0.66CGLBX Six Circles GlobalPairCorr
  0.95CIUEX Six Circles InternationalPairCorr
  1.0CMEUX Six Circles ManagedPairCorr
  0.94CMIUX Six Circles ManagedPairCorr
  0.98CRDOX Six Circles CreditPairCorr
  0.79CBTAX Six Circles TaxPairCorr
  1.0VTSAX Vanguard Total StockPairCorr
  1.0VFIAX Vanguard 500 IndexPairCorr
  1.0VTSMX Vanguard Total StockPairCorr
  1.0VITSX Vanguard Total StockPairCorr
  1.0VSMPX Vanguard Total StockPairCorr
  1.0VSTSX Vanguard Total StockPairCorr
  1.0VFINX Vanguard 500 IndexPairCorr
  1.0VFFSX Vanguard 500 IndexPairCorr
  1.0VINIX Vanguard InstitutionalPairCorr
  1.0VIIIX Vanguard InstitutionalPairCorr
  0.98VTISX Vanguard Total InterPairCorr
  0.98VTSNX Vanguard Total InterPairCorr
  0.98VTPSX Vanguard Total InterPairCorr
  0.96DNLAX Dreyfus Natural ResourcesPairCorr
  0.97CPXIX Cohen Steers PrfrdPairCorr
  0.99ACFOX Focused Dynamic GrowthPairCorr
  0.79MGBOX Mfs Global BondPairCorr
  0.99LGRNX Loomis Sayles GrowthPairCorr
  0.99TBDQX Pgim Jennison DiversifiedPairCorr
  1.0CCHTX American Funds 2045PairCorr
  0.97ALTEX Firsthand Alternative Steady GrowthPairCorr
  1.0GGEYX Guidestone Fds GrowthPairCorr
  0.89IEFCX Invesco EnergyPairCorr
  0.91COSIX Columbia Strategic IncomePairCorr
  0.9FIRAX Fidelity InternationalPairCorr
  0.99OLVTX Jpmorgan Large CapPairCorr
  0.99JGEMX Jhancock Global EquityPairCorr
  0.98CIGCX Calamos InternationalPairCorr
  0.96ICBAX Icon Natural ResourcesPairCorr
  0.9PBXCX Rationalpier 88 ConvPairCorr
  0.99WGAYX Wells Fargo SpectrumPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Six Mutual Fund performing well and Six Circles Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Six Circles' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY