CAD=X vs. LCSIX
CAD=X (USD/CAD) is a currency, while LCSIX (LoCorr Long/Short Commodity Strategies Fund) is Systematic Trend fund managed by LoCorr Funds. Over the past 10 years, CAD=X returned 0.70%/yr vs 3.51%/yr for LCSIX. A 0.68 correlation means they provide meaningful diversification when combined.
Performance
CAD=X vs. LCSIX - Performance Comparison
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Different Trading Currencies
CAD=X is traded in CAD, while LCSIX is traded in USD. To make them comparable, the LCSIX values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CAD=X achieves a 1.27% return, which is significantly lower than LCSIX's 3.32% return. Over the past 10 years, CAD=X has underperformed LCSIX with an annualized return of 0.70%, while LCSIX has yielded a comparatively higher 3.51% annualized return.
CAD=X
- 1D
- 0.41%
- 1M
- 2.00%
- YTD
- 1.27%
- 6M
- -0.39%
- 1Y
- 1.29%
- 3Y*
- 1.15%
- 5Y*
- 2.86%
- 10Y*
- 0.70%
LCSIX
- 1D
- 0.54%
- 1M
- 1.35%
- YTD
- 3.32%
- 6M
- 1.04%
- 1Y
- 3.56%
- 3Y*
- -1.00%
- 5Y*
- 3.83%
- 10Y*
- 3.51%
CAD=X vs. LCSIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CAD=X USD/CAD | 1.27% | -4.59% | 8.62% | -2.23% | 7.13% | -0.90% | -1.69% | -4.92% | 8.48% | -6.37% |
LCSIX LoCorr Long/Short Commodity Strategies Fund | 3.32% | -3.50% | -0.41% | -5.21% | 13.60% | 13.86% | 8.04% | -10.59% | 24.93% | -0.57% |
Correlation
The correlation between CAD=X and LCSIX is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Jan 18, 2012 | 0.68 |
The correlation between CAD=X and LCSIX shifts across timeframes, from 0.50 (1 year) to 0.68 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CAD=X vs. LCSIX — Risk / Return Rank
CAD=X
LCSIX
CAD=X vs. LCSIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for USD/CAD (CAD=X) and LoCorr Long/Short Commodity Strategies Fund (LCSIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| CAD=X | LCSIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.38 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.10 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.23 | 0.87 | -0.64 |
| Martin ratioReturn relative to average drawdown | 0.51 | 1.94 | -1.43 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CAD=X | LCSIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.25 | 0.50 | -0.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | 0.50 | -0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.09 | 0.37 | -0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.13 | 0.53 | -0.40 |
Drawdowns
CAD=X vs. LCSIX - Drawdown Comparison
The maximum CAD=X drawdown since its inception was -19.16%, smaller than the maximum LCSIX drawdown of -25.70%. Use the drawdown chart below to compare losses from any high point for CAD=X and LCSIX.
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Drawdown Indicators
| CAD=X | LCSIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.16% | -25.70% | +6.54% |
Max Drawdown (1Y)Largest decline over 1 year | -4.45% | -4.30% | -0.15% |
Max Drawdown (3Y)Largest decline over 3 years | -8.31% | -10.36% | +2.05% |
Max Drawdown (5Y)Largest decline over 5 years | -8.31% | -10.79% | +2.48% |
Max Drawdown (10Y)Largest decline over 10 years | -17.11% | -18.93% | +1.82% |
Current DrawdownCurrent decline from peak | -5.55% | -7.15% | +1.60% |
Average DrawdownAverage peak-to-trough decline | -9.30% | -8.47% | -0.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.23% | 1.92% | +0.31% |
Volatility
CAD=X vs. LCSIX - Volatility Comparison
The current volatility for USD/CAD (CAD=X) is 0.85%, while LoCorr Long/Short Commodity Strategies Fund (LCSIX) has a volatility of 1.19%. This indicates that CAD=X experiences smaller price fluctuations and is considered to be less risky than LCSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CAD=X | LCSIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.85% | 1.19% | -0.34% |
Volatility (6M)Calculated over the trailing 6-month period | 3.15% | 6.09% | -2.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.13% | 7.45% | -3.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.84% | 7.64% | -1.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.42% | 9.42% | -3.00% |
Frequently Asked Questions
CAD=X and LCSIX have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LCSIX has higher volatility (1.19%) compared to CAD=X (0.85%). In terms of maximum drawdown, CAD=X dropped -19.16% vs LCSIX's -25.70%.
LCSIX currently has the higher Sharpe Ratio (0.50 vs 0.25), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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