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 25 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 - Class I | 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 | |
| Winton Managed Futures Trend Fund | 1.34% | — | Oct 2011 | LFMAX vs EVOIX |
Best Risk-Adjusted Alternatives to LFMAX
LFMAX has a PortfoliosLab risk / return rank of 82. There are 9 mutual funds in the Systematic Trend category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| LoCorr Market Trend Fund | 97 | — | Jun 2014 | LFMAX vs LOTIX | |
| American Beacon AHL Managed Futures Strategy Fund ... | 94 | — | Aug 2014 | LFMAX vs AHLIX | |
| American Beacon AHL Managed Futures Strategy Fund | 93 | — | Aug 2014 | LFMAX vs AHLPX | |
| Catalyst/Millburn Hedge Strategy Fund Class I | 92 | — | Dec 1996 | LFMAX vs MBXIX | |
| Catalyst/Millburn Hedge Strategy Fund | 92 | — | Dec 2015 | LFMAX vs MBXAX |
Top Performing LFMAX Alternatives (YTD)
LFMAX is at 7.62% YTD. There are 18 mutual funds in the Systematic Trend category with higher YTD returns, going as high as 23.96%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| LoCorr Market Trend Fund | 23.96% | — | Jun 2014 | LFMAX vs LOTIX | |
| AQR CVX Fusion Fund Class R6 | 14.04% | — | Jun 2025 | LFMAX vs QCFRX | |
| AQR CVX Fusion Fund Class I | 13.96% | — | Jun 2025 | LFMAX vs QCFIX | |
| AQR CVX Fusion Fund Class N | 13.80% | — | Jun 2025 | LFMAX vs QCFNX | |
| Catalyst/Millburn Hedge Strategy Fund Class I | 13.75% | — | Dec 1996 | LFMAX vs MBXIX |
Lowest Volatility Alternatives to LFMAX
LFMAX has 5.80% 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 6.05%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| LoCorr Long/Short Commodity Strategies Fund | 6.05% | — | Dec 2011 | LFMAX vs LCSIX | |
| Catalyst/Millburn Hedge Strategy Fund | 6.90% | — | Dec 2015 | LFMAX vs MBXAX | |
| Catalyst/Millburn Hedge Strategy Fund Class I | 6.93% | — | Dec 1996 | LFMAX vs MBXIX | |
| Abbey Capital Futures Strategy Fund Class I | 7.94% | — | Jul 2014 | LFMAX vs ABYIX | |
| Abbey Capital Futures Strategy Fund Class A | 7.94% | — | Aug 2014 | LFMAX vs ABYAX |
Lowest Drawdown Alternatives to LFMAX
LFMAX has a 1-year max drawdown of -3.56%. There are 2 mutual funds in the Systematic Trend category with shallower 1-year drawdowns, going as shallow as -3.50%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| American Beacon AHL Managed Futures Strategy Fund | -3.50% | — | Aug 2014 | LFMAX vs AHLPX | |
| American Beacon AHL Managed Futures Strategy Fund ... | -3.52% | — | Aug 2014 | LFMAX vs AHLIX | |
| Catalyst/Millburn Hedge Strategy Fund Class I | -3.85% | — | Dec 1996 | LFMAX vs MBXIX | |
| Catalyst/Millburn Hedge Strategy Fund | -3.89% | — | Dec 2015 | LFMAX vs MBXAX | |
| Abbey Capital Futures Strategy Fund Class I | -4.08% | — | Jul 2014 | LFMAX vs ABYIX |
Other Mutual Funds from LoCorr
The 3 most viewed LoCorr mutual funds shown here include LFMIX, LSPIX, LEQIX and span 3 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| LoCorr Macro Strategies Fund Class I | Global Allocation | 83 | 7.71% | — | Mar 2011 | LFMAX vs LFMIX | |
| LoCorr Spectrum Income Fund | Diversified Portfolio | 42 | 8.25% | — | Dec 2013 | LFMAX vs LSPIX | |
| LoCorr Dynamic Equity Fund | Long-Short | 27 | 6.13% | — | May 2013 | LFMAX vs LEQIX |
Often Compared With LFMAX
Investors most often compare LFMAX with SPY, PQTPX, MFTFX. These 20 comparison targets span 6 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