LoCorr Macro Strategies Fund (LFMAX) belongs to the Systematic Trend category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with LFMAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LFMAX
LFMAX charges 2.13% annually. There are 24 mutual funds in the Systematic Trend category with lower expense ratios, going as low as 1.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| AQR Managed Futures Strategy Fund | 1.25% | — | Jan 2010 | LFMAX vs AQMIX | |
| Credit Suisse Managed Futures Strategy Fund | 1.30% | — | Sep 2012 | LFMAX vs CSAIX | |
| Redwood Systematic Macro Trend ("SMarT") Fund | 1.30% | — | Nov 2017 | LFMAX vs RWSIX | |
| Goldman Sachs Managed Futures Strategy Fund | 1.33% | — | Feb 2012 | LFMAX vs GFIRX | |
| Altegris Futures Evolution Strategy Fund | 1.34% | — | Oct 2011 | LFMAX vs EVOIX |
Best Risk-Adjusted Alternatives to LFMAX
LFMAX has a PortfoliosLab risk / return rank of 83. There are 8 mutual funds in the Systematic Trend category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| LoCorr Market Trend Fund | 95 | — | Jun 2014 | LFMAX vs LOTIX | |
| AQR Trend Total Return Fund | 93 | — | Dec 2021 | LFMAX vs QNZNX | |
| AQR Managed Futures Strategy Fund | 92 | — | Jan 2010 | LFMAX vs AQMIX | |
| AQR Managed Futures Strategy Fund Class N | 92 | — | Jan 2010 | LFMAX vs AQMNX | |
| American Beacon AHL Managed Futures Strategy Fund ... | 90 | — | Aug 2014 | LFMAX vs AHLIX |
Top Performing LFMAX Alternatives (YTD)
LFMAX is at 8.28% YTD. There are 15 mutual funds in the Systematic Trend category with higher YTD returns, going as high as 23.24%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| LoCorr Market Trend Fund | 23.24% | — | Jun 2014 | LFMAX vs LOTIX | |
| AQR CVX Fusion Fund Class I | 14.86% | — | Jun 2025 | LFMAX vs QCFIX | |
| AQR CVX Fusion Fund Class R6 | 14.85% | — | Jun 2025 | LFMAX vs QCFRX | |
| AQR CVX Fusion Fund Class N | 14.61% | — | Jun 2025 | LFMAX vs QCFNX | |
| AQR Trend Total Return Fund | 14.10% | — | Dec 2021 | LFMAX vs QNZNX |
Lowest Volatility Alternatives to LFMAX
LFMAX has 5.67% 1-year volatility. No mutual funds in the Systematic Trend category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 5.94%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| LoCorr Long/Short Commodity Strategies Fund | 5.94% | — | Dec 2011 | LFMAX vs LCSIX | |
| Abbey Capital Futures Strategy Fund Class A | 7.88% | — | Aug 2014 | LFMAX vs ABYAX | |
| Abbey Capital Futures Strategy Fund Class I | 7.89% | — | Jul 2014 | LFMAX vs ABYIX | |
| Goldman Sachs Managed Futures Strategy Fund Class ... | 8.26% | — | Feb 2012 | LFMAX vs GMSAX | |
| Goldman Sachs Managed Futures Strategy Fund | 8.26% | — | Feb 2012 | LFMAX vs GFIRX |
Lowest Drawdown Alternatives to LFMAX
LFMAX has a 1-year max drawdown of -2.53%. No mutual funds in the Systematic Trend category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -3.33%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Abbey Capital Futures Strategy Fund Class I | -3.33% | — | Jul 2014 | LFMAX vs ABYIX | |
| Abbey Capital Futures Strategy Fund Class A | -3.36% | — | Aug 2014 | LFMAX vs ABYAX | |
| PIMCO TRENDS Managed Futures Strategy Fund Institu... | -4.63% | — | Jan 2014 | LFMAX vs PQTIX | |
| PIMCO TRENDS Managed Futures Strategy Fund | -4.66% | — | Dec 2013 | LFMAX vs PQTPX | |
| PIMCO TRENDS Managed Futures Strategy Fund Class A | -4.66% | — | Dec 2013 | LFMAX vs PQTAX |
Other Mutual Funds from LoCorr Funds
The 2 most viewed LoCorr Funds mutual funds shown here include LEQIX, LSPIX and span 2 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| LoCorr Dynamic Equity Fund | Long-Short | 26 | 6.94% | — | May 2013 | LFMAX vs LEQIX | |
| LoCorr Spectrum Income Fund | Diversified Portfolio | 33 | 7.09% | — | Dec 2013 | LFMAX vs LSPIX |
Often Compared With LFMAX
Investors most often compare LFMAX with SPY, MFTFX, QMHIX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare LFMAX with Any Fund or Stock
Compare LFMAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LFMAX with funds that move differently
LoCorr Macro Strategies Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LFMAX.
Explore LFMAX Diversifiers