LoCorr Macro Strategies Fund Class I (LFMIX) belongs to the Global Allocation category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with LFMIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LFMIX
LFMIX charges 1.88% annually. There are 69 mutual funds in the Global Allocation category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Implementation Fund | 0.02% | — | Feb 2012 | LFMIX vs GIMFX | |
| Goldman Sachs Growth Strategy Portfolio | 0.19% | — | Jan 1998 | LFMIX vs GGSIX | |
| Voya Global Perspectives Portfolio | 0.20% | — | Apr 2013 | LFMIX vs IPIRX | |
| MH Elite Select Portfolio of Funds Fund | 0.21% | — | Apr 2006 | LFMIX vs MHESX | |
| Janus Henderson Global Allocation Fund - Moderate | 0.25% | — | Dec 2005 | LFMIX vs JNSMX |
Best Risk-Adjusted Alternatives to LFMIX
LFMIX has a PortfoliosLab risk / return rank of 87. There are 11 mutual funds in the Global Allocation category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Thornburg Investment Income Builder Fund | 98 | — | Dec 2002 | LFMIX vs TIBAX | |
| GMO Benchmark-Free Fund | 95 | — | Jun 2011 | LFMIX vs GBFFX | |
| GMO Benchmark-Free Allocation Fund | 94 | — | Jul 2003 | LFMIX vs GBMFX | |
| GMO Implementation Fund | 94 | — | Feb 2012 | LFMIX vs GIMFX | |
| SA Worldwide Moderate Growth Fund | 93 | — | Jun 2015 | LFMIX vs SAWMX |
Top Performing LFMIX Alternatives (YTD)
LFMIX is at 9.25% YTD. There are 23 mutual funds in the Global Allocation category with higher YTD returns, going as high as 23.16%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Global Total Return Fund | 23.16% | — | Oct 2005 | LFMIX vs CGO | |
| Calamos Global Dynamic Income Fund | 21.48% | — | Jun 2007 | LFMIX vs CHW | |
| Thornburg Investment Income Builder Fund | 16.64% | — | Dec 2002 | LFMIX vs TIBAX | |
| Calamos Global Opportunities Fund | 15.00% | — | Sep 1996 | LFMIX vs CVLOX | |
| Leuthold Global Fund | 13.98% | — | Apr 2008 | LFMIX vs GLBIX |
Lowest Volatility Alternatives to LFMIX
LFMIX has 5.68% 1-year volatility. There are 2 mutual funds in the Global Allocation category with lower 1-year volatility, going as low as 3.03%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | 3.03% | — | Jul 2019 | LFMIX vs PDSYX | |
| PFG BNY Mellon Diversifier Strategy Fund | 4.45% | — | Dec 2017 | LFMIX vs PFADX | |
| Pioneer Multi-Asset Income Fund | 5.91% | — | Dec 2011 | LFMIX vs PMFYX | |
| Nuveen Real Asset Income Fund | 5.92% | — | Sep 2011 | LFMIX vs NRIIX | |
| MH Elite Income Fund of Funds | 6.25% | — | Aug 2011 | LFMIX vs MHEIX |
Lowest Drawdown Alternatives to LFMIX
LFMIX has a 1-year max drawdown of -2.60%. There is 1 mutual fund in the Global Allocation category with a shallower 1-year drawdown, going as shallow as -1.98%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | -1.98% | — | Jul 2019 | LFMIX vs PDSYX | |
| PFG BNY Mellon Diversifier Strategy Fund | -3.63% | — | Dec 2017 | LFMIX vs PFADX | |
| Pioneer Multi-Asset Income Fund | -4.08% | — | Dec 2011 | LFMIX vs PMFYX | |
| Morningstar Global Income Fund | -4.38% | — | Nov 2018 | LFMIX vs MSTGX | |
| MH Elite Income Fund of Funds | -4.54% | — | Aug 2011 | LFMIX vs MHEIX |
Often Compared With LFMIX
Investors most often compare LFMIX with CIBFX, TZINX, FESGX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare LFMIX with Any Fund or Stock
Compare LFMIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LFMIX with funds that move differently
LoCorr Macro Strategies Fund Class I alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LFMIX.
Explore LFMIX Diversifiers