Six Circles Correlations
CUSUX Fund | USD 19.06 0.01 0.05% |
The current 90-days correlation between Six Circles Unconstrained and Lord Abbett Diversified is -0.11 (i.e., Good 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
Good diversification
The correlation between Six Circles Unconstrained and DJI is -0.11 (i.e., Good 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.
Six |
Moving together with Six Mutual Fund
0.87 | VTSAX | Vanguard Total Stock | PairCorr |
0.87 | VFIAX | Vanguard 500 Index | PairCorr |
0.87 | VTSMX | Vanguard Total Stock | PairCorr |
1.0 | VITSX | Vanguard Total Stock | PairCorr |
0.87 | VSMPX | Vanguard Total Stock | PairCorr |
0.87 | VSTSX | Vanguard Total Stock | PairCorr |
1.0 | VFINX | Vanguard 500 Index | PairCorr |
0.87 | VFFSX | Vanguard 500 Index | PairCorr |
1.0 | VINIX | Vanguard Institutional | PairCorr |
1.0 | VIIIX | Vanguard Institutional | PairCorr |
0.83 | VGTSX | Vanguard Total Inter | PairCorr |
0.83 | VTIAX | Vanguard Total Inter | PairCorr |
1.0 | MMIZX | Mm Sp 500 | PairCorr |
0.87 | PWRIX | Power Income | PairCorr |
0.84 | CFJAX | Calvert Large Cap | PairCorr |
0.83 | DFSHX | Dfa Selectively Hedged | PairCorr |
0.84 | MAUKX | Pioneer Multi Asset | PairCorr |
0.97 | UIVMX | Mfs Intrinsic Value | PairCorr |
0.73 | FISAX | Franklin Adjustable | PairCorr |
0.67 | WATPX | Western Asset Inflation | PairCorr |
0.98 | CIREX | Capital Income Builder | PairCorr |
0.97 | SJCRX | Steward Large Cap | PairCorr |
0.84 | ESPCX | Wells Fargo Advantage | PairCorr |
0.77 | HHMIX | The Hartford Municipal | PairCorr |
0.95 | PHK | Pimco High Income | PairCorr |
0.88 | RLBCX | American Balanced | PairCorr |
0.94 | GOVIX | Gmo Resources Steady Growth | PairCorr |
0.81 | ARSVX | Amg River Road | PairCorr |
0.86 | DFFGX | Dfa Short Term | PairCorr |
0.87 | CVLOX | Calamos Global Growth | PairCorr |
0.99 | PLCGX | Largecap Growth | PairCorr |
0.99 | JNRFX | Janus Research | PairCorr |
0.85 | PAEMX | Emerging Markets Bond | PairCorr |
Related Correlations Analysis
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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.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
LIGFX | 0.22 | 0.04 | (0.43) | 0.37 | 0.00 | 0.67 | 1.63 | |||
MKDCX | 0.51 | 0.24 | 0.03 | 4.97 | 0.00 | 1.53 | 4.07 | |||
FEMDX | 0.17 | 0.10 | (0.73) | (3.67) | 0.00 | 0.52 | 1.13 | |||
FGWMX | 0.20 | 0.08 | (0.69) | (2.03) | 0.00 | 0.48 | 1.21 | |||
PIEFX | 0.65 | 0.31 | 0.09 | (3.30) | 0.00 | 2.36 | 4.18 | |||
HMXAX | 0.31 | 0.10 | (0.11) | 0.47 | 0.00 | 0.97 | 2.36 | |||
SFGIX | 0.40 | 0.22 | (0.01) | 76.65 | 0.15 | 1.14 | 3.31 |