LoCorr Dynamic Equity Fund (LEQIX) belongs to the Long-Short category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with LEQIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LEQIX
LEQIX charges 1.99% annually. There are 40 mutual funds in the Long-Short category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parvin Hedged Equity Solari World Fund | 0.01% | — | Jan 2021 | LEQIX vs PHSWX | |
| MFS Managed Wealth Fund | 0.67% | — | Jun 2014 | LEQIX vs MNWIX | |
| WisdomTree Efficient Long/Short US Equity Fund | 0.88% | 12.07M | Jan 2026 | LEQIX vs WTLS | |
| Alger Dynamic Opportunities Fund | 0.91% | — | Nov 2009 | LEQIX vs SPEDX | |
| Salient Tactical Plus Fund | 1.08% | — | Dec 2012 | LEQIX vs BTPIX |
Best Risk-Adjusted Alternatives to LEQIX
LEQIX has a PortfoliosLab risk / return rank of 27. There are 26 mutual funds in the Long-Short category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Boston Partners Long/Short Equity Fund | 98 | — | Nov 1998 | LEQIX vs BPLEX | |
| Vanguard Market Neutral Fund Institutional Shares | 97 | — | Oct 1998 | LEQIX vs VMNIX | |
| Vanguard Market Neutral Fund Investor Shares | 97 | 601.30M | Nov 1998 | LEQIX vs VMNFX | |
| Quantitative U.S. Long/Short Equity Portfolio | 95 | — | Sep 2006 | LEQIX vs GTAPX | |
| Knights of Columbus Long/Short Equity Fund | 95 | — | Dec 2019 | LEQIX vs KCEIX |
Top Performing LEQIX Alternatives (YTD)
LEQIX is at 6.13% YTD. There are 25 mutual funds in the Long-Short category with higher YTD returns, going as high as 21.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Boston Partners Long/Short Equity Fund | 21.35% | — | Nov 1998 | LEQIX vs BPLEX | |
| Vanguard Market Neutral Fund Institutional Shares | 16.18% | — | Oct 1998 | LEQIX vs VMNIX | |
| Vanguard Market Neutral Fund Investor Shares | 16.18% | 601.30M | Nov 1998 | LEQIX vs VMNFX | |
| Guggenheim Alpha Opportunity Fund | 15.92% | — | Jul 2003 | LEQIX vs SAOAX | |
| Wasatch Long/Short Alpha Fund | 13.20% | — | Sep 2021 | LEQIX vs WALSX |
Lowest Volatility Alternatives to LEQIX
LEQIX has 9.32% 1-year volatility. There are 21 mutual funds in the Long-Short category with lower 1-year volatility, going as low as 5.67%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Neuberger Berman Long Short Fund | 5.67% | — | Dec 2011 | LEQIX vs NLSIX | |
| AB Select US Long/Short Portfolio | 5.75% | — | Dec 2012 | LEQIX vs ASILX | |
| MFS Managed Wealth Fund | 6.03% | — | Jun 2014 | LEQIX vs MNWIX | |
| Wilmington Global Alpha Equities Fund | 6.25% | — | Jan 2012 | LEQIX vs WRAIX | |
| Knights of Columbus Long/Short Equity Fund | 6.51% | — | Dec 2019 | LEQIX vs KCEIX |
Lowest Drawdown Alternatives to LEQIX
LEQIX has a 1-year max drawdown of -4.55%. There are 8 mutual funds in the Long-Short category with shallower 1-year drawdowns, going as shallow as -2.82%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Knights of Columbus Long/Short Equity Fund | -2.82% | — | Dec 2019 | LEQIX vs KCEIX | |
| Quantitative U.S. Long/Short Equity Portfolio | -3.01% | — | Sep 2006 | LEQIX vs GTAPX | |
| AB Select US Long/Short Portfolio | -3.61% | — | Dec 2012 | LEQIX vs ASILX | |
| Gotham Absolute Return Fund | -3.85% | — | Aug 2012 | LEQIX vs GARIX | |
| Persimmon Long/Short Fund | -3.90% | — | Dec 2012 | LEQIX vs LSEIX |
Other Mutual Funds from LoCorr
The 5 most viewed LoCorr mutual funds shown here include LCSIX, LOTIX, LFMIX and span 3 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| LoCorr Long/Short Commodity Strategies Fund | Systematic Trend | 4 | 0.93% | — | Dec 2011 | LEQIX vs LCSIX | |
| LoCorr Market Trend Fund | Systematic Trend | 97 | 23.96% | — | Jun 2014 | LEQIX vs LOTIX | |
| LoCorr Macro Strategies Fund Class I | Global Allocation | 83 | 7.71% | — | Mar 2011 | LEQIX vs LFMIX | |
| LoCorr Macro Strategies Fund | Systematic Trend | 82 | 7.62% | — | Mar 2011 | LEQIX vs LFMAX | |
| LoCorr Spectrum Income Fund | Diversified Portfolio | 42 | 8.25% | — | Dec 2013 | LEQIX vs LSPIX |
Often Compared With LEQIX
Investors most often compare LEQIX with BIVIX, QAMNX, FLSPX. These 17 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare LEQIX with Any Fund or Stock
Compare LEQIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LEQIX with funds that move differently
LoCorr Dynamic Equity Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LEQIX.
Explore LEQIX Diversifiers