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 68 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 88. There are 12 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 | |
| Hartford Real Asset Fund | 97 | — | May 2010 | LFMIX vs HRLYX | |
| GMO Benchmark-Free Fund | 96 | — | Jun 2011 | LFMIX vs GBFFX | |
| GMO Implementation Fund | 95 | — | Feb 2012 | LFMIX vs GIMFX | |
| GMO Benchmark-Free Allocation Fund | 95 | — | Jul 2003 | LFMIX vs GBMFX |
Top Performing LFMIX Alternatives (YTD)
LFMIX is at 10.28% YTD. There are 26 mutual funds in the Global Allocation category with higher YTD returns, going as high as 25.76%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Global Total Return Fund | 25.76% | — | Oct 2005 | LFMIX vs CGO | |
| Calamos Global Dynamic Income Fund | 25.48% | — | Jun 2007 | LFMIX vs CHW | |
| Calamos Global Opportunities Fund | 19.22% | — | Sep 1996 | LFMIX vs CVLOX | |
| Allspring Absolute Return Fund | 18.69% | — | Feb 2012 | LFMIX vs WARAX | |
| Thornburg Investment Income Builder Fund | 17.92% | — | Dec 2002 | LFMIX vs TIBAX |
Lowest Volatility Alternatives to LFMIX
LFMIX has 5.58% 1-year volatility. There are 2 mutual funds in the Global Allocation category with lower 1-year volatility, going as low as 2.98%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | 2.98% | — | Jul 2019 | LFMIX vs PDSYX | |
| PFG BNY Mellon Diversifier Strategy Fund | 4.27% | — | Dec 2017 | LFMIX vs PFADX | |
| Pioneer Multi-Asset Income Fund | 5.66% | — | Dec 2011 | LFMIX vs PMFYX | |
| Nuveen Real Asset Income Fund | 5.77% | — | Sep 2011 | LFMIX vs NRIIX | |
| Catalyst/MAP Global Balanced Fund | 6.09% | — | Jul 2011 | LFMIX vs TRXAX |
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 | |
| Hartford Real Asset Fund | -3.18% | — | May 2010 | LFMIX vs HRLYX | |
| PFG BNY Mellon Diversifier Strategy Fund | -3.63% | — | Dec 2017 | LFMIX vs PFADX | |
| Wilmington Real Asset Fund | -3.74% | — | Jun 2003 | LFMIX vs WMRIX | |
| Allspring Absolute Return Fund | -3.79% | — | Feb 2012 | LFMIX vs WARAX |
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