CMEUX Performance — Six Circles Managed Equity Portfolio U.S. Unconstrained Fund
Data updated: 2026-08-27
CMEUX returned +9.84% year to date and +22.98% over one year to Jun 2026. Annualised returns are +20.98% over 3 years and +12.89% over 5 years. The fund beat its US Large Blend category average: $100 invested three years ago grew to $177, against $157 for the category, and to $123 over one year, against $118. Volatility over the past three years was 13.58% a year. In the 12 months to Jun 2026 the fund took in a net $5.8B, and assets reached $33.98B.
CMEUX Growth of $100
What $100 invested in Six Circles Managed Equity Portfolio U.S. Unconstrained Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | CMEUX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $123 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $177 | $157 |
| 5 years (Jul 2021 – Jun 2026) | $183 | $161 |
| Since data start (Jul 2019 – Jun 2026) | $303 | $229 |
CMEUX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.84% |
| 1 year | +22.98% |
| 3 years (annualised) | +20.98% |
| 5 years (annualised) | +12.89% |
CMEUX Annual Returns
Calendar-year total returns of Six Circles Managed Equity Portfolio U.S. Unconstrained Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +9.84% |
| 2025 | +18.39% |
| 2024 | +24.93% |
| 2023 | +29.10% |
| 2022 | −20.27% |
| 2021 | +26.71% |
| 2020 | +29.08% |
| 2019 (Jul–Dec) | +10.68% |
CMEUX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.8% | −1.5% | −4.5% | +10.9% | +5.9% | −1.5% | — | — | — | — | — | — |
| 2025 | +2.7% | −2.1% | −6.2% | −0.4% | +6.4% | +5.8% | +2.5% | +2.0% | +3.7% | +3.3% | +0.1% | −0.1% |
| 2024 | +1.8% | +5.8% | +2.9% | −4.2% | +5.1% | +4.1% | +0.5% | +2.2% | +2.5% | −1.1% | +5.7% | −2.4% |
| 2023 | +6.3% | −2.6% | +4.6% | +1.2% | +1.9% | +6.0% | +3.8% | −1.5% | −4.4% | −2.0% | +9.3% | +4.2% |
| 2022 | −5.8% | −3.0% | +3.8% | −9.4% | 0.0% | −7.6% | +9.3% | −4.3% | −9.4% | +7.2% | +5.3% | −6.1% |
| 2021 | −0.6% | +1.8% | +3.5% | +5.6% | +0.5% | +3.9% | +2.0% | +3.4% | −5.8% | +7.3% | −0.8% | +3.7% |
| 2020 | +0.5% | −6.7% | −8.2% | +13.0% | +4.1% | +2.3% | +6.9% | +8.3% | −3.6% | −2.6% | +10.5% | +3.7% |
| 2019 | — | — | — | — | — | — | +1.3% | −2.8% | +1.6% | +3.4% | +4.0% | +2.9% |
CMEUX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 13.58%
- 3-year Sharpe ratio: 1.21 (vs 4.5% risk-free rate)
- Best month: +10.94% (Apr 2026)
- Worst month: −6.15% (Mar 2025)
CMEUX Fund Flows
Monthly money in and out of Six Circles Managed Equity Portfolio U.S. Unconstrained Fund, from SEC Form N-PORT.
- 12-month net flow: $5.8B
- 12-month gross sales (incl. reinvestments): $7.9B
- Sales ÷ redemptions: 3.85×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $767.7M | $174.9M | $592.8M |
| May 2026 | $853.8M | $175.8M | $678.1M |
| Apr 2026 | $696.7M | $211.1M | $485.5M |
| Mar 2026 | $726.3M | $175.2M | $551.0M |
| Feb 2026 | $734.7M | $107.1M | $627.5M |
| Jan 2026 | $767.0M | $118.8M | $648.1M |
| Dec 2025 | $856.5M | $350.3M | $506.2M |
| Nov 2025 | $433.6M | $109.1M | $324.5M |
| Oct 2025 | $528.5M | $163.1M | $365.4M |
| Sep 2025 | $481.3M | $212.6M | $268.8M |
| Aug 2025 | $469.9M | $127.7M | $342.2M |
| Jul 2025 | $578.0M | $124.5M | $453.4M |
CMEUX Assets Under Management
Net assets of Six Circles Managed Equity Portfolio U.S. Unconstrained Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $33.98B |
| 2026-03-31 | $27.78B |
| 2025-12-31 | $27.45B |
| 2025-09-30 | $25.66B |
| 2025-06-30 | $22.65B |
| 2025-03-31 | $19.67B |
| 2024-12-31 | $19.02B |
| 2024-09-30 | $17.48B |
| 2024-06-30 | $15.42B |
| 2024-03-31 | $13.70B |
| 2023-12-31 | $10.17B |
| 2023-09-30 | $8.72B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.