LoCorr Spectrum Income Fund (LSPIX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with LSPIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LSPIX
LSPIX charges 1.73% annually. There are 511 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | LSPIX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | LSPIX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | LSPIX vs TSAIX | |
| Fidelity Sustainable Multi-Asset Fund | 0.05% | — | Feb 2022 | LSPIX vs FYMIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | LSPIX vs VTMFX |
Best Risk-Adjusted Alternatives to LSPIX
LSPIX has a PortfoliosLab risk / return rank of 24. There are 504 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | — | Nov 2003 | LSPIX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | LSPIX vs TIBIX | |
| Nuveen Flexible Income Fund | 97 | — | Dec 2009 | LSPIX vs NWQIX | |
| Allspring Diversified Capital Builder Fund | 95 | — | Jan 1998 | LSPIX vs EKBAX | |
| Pioneer Balanced ESG Fund | 95 | — | Dec 1991 | LSPIX vs AYBLX |
Top Performing LSPIX Alternatives (YTD)
LSPIX is at 5.35% YTD. There are 341 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 38.34%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 38.34% | — | Jan 1998 | LSPIX vs EKBAX | |
| Greenspring Fund | 21.91% | — | Jun 1983 | LSPIX vs GRSPX | |
| MH Elite Small Cap Fund of Funds Fund | 20.27% | — | Aug 1998 | LSPIX vs MHELX | |
| Thornburg Investment Income Builder Fund Class I | 17.52% | — | Dec 2002 | LSPIX vs TIBIX | |
| Sound Mind Investing Fund | 15.84% | — | Dec 2005 | LSPIX vs SMIFX |
Lowest Volatility Alternatives to LSPIX
LSPIX has 8.70% 1-year volatility. There are 284 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.85% | — | Nov 2003 | LSPIX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.83% | — | Apr 2012 | LSPIX vs SCLAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.86% | — | Nov 2003 | LSPIX vs SICIX | |
| Ave Maria Bond Fund | 2.99% | — | Apr 2003 | LSPIX vs AVEFX | |
| American Funds College 2027 Fund | 3.14% | — | Sep 2012 | LSPIX vs CSTAX |
Lowest Drawdown Alternatives to LSPIX
LSPIX has a 1-year max drawdown of -6.02%. There are 234 mutual funds in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | LSPIX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | LSPIX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | LSPIX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | LSPIX vs SICIX | |
| Fidelity Strategic Real Return Fund Class K6 | -2.68% | — | Sep 2005 | LSPIX vs FSRKX |
Other Mutual Funds from LoCorr Funds
The 4 most viewed LoCorr Funds mutual funds shown here include LCSIX, LOTIX, LFMAX and span 2 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| LoCorr Long/Short Commodity Strategies Fund | Systematic Trend | 2 | 1.51% | — | Dec 2011 | LSPIX vs LCSIX | |
| LoCorr Market Trend Fund | Systematic Trend | 95 | 23.87% | — | Jun 2014 | LSPIX vs LOTIX | |
| LoCorr Macro Strategies Fund | Systematic Trend | 85 | 9.46% | — | Mar 2011 | LSPIX vs LFMAX | |
| LoCorr Dynamic Equity Fund | Long-Short | 32 | 6.85% | — | May 2013 | LSPIX vs LEQIX |
Often Compared With LSPIX
Investors most often compare LSPIX with EEIAX, EEIIX, IOFIX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare LSPIX with Any Fund or Stock
Compare LSPIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LSPIX with funds that move differently
LoCorr Spectrum Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LSPIX.
Explore LSPIX Diversifiers