CAD=X vs. LCSIX

Last updated Apr 2, 2026

Compare and contrast key facts about USD/CAD (CAD=X) and LoCorr Long/Short Commodity Strategies Fund (LCSIX).

LCSIX is managed by LoCorr Funds. It was launched on Dec 29, 2011.

Performance

CAD=X vs. LCSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in USD/CAD (CAD=X) and LoCorr Long/Short Commodity Strategies Fund (LCSIX). The values are adjusted to include any dividend payments, if applicable.

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	4.23%	-3.50%	-0.41%	-5.21%	13.60%	13.86%	8.04%	-10.59%	24.93%	-0.57%

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 4.23% return. Over the past 10 years, CAD=X has underperformed LCSIX with an annualized return of 0.64%, while LCSIX has yielded a comparatively higher 3.45% annualized return.

CAD=X

• 1D: -0.14%
• 1M: 1.63%
• YTD: 1.27%
• 6M: -0.28%
• 1Y: -2.84%
• 3Y*: 0.96%
• 5Y*: 2.01%
• 10Y*: 0.64%

LCSIX

• 1D: -0.06%
• 1M: 2.58%
• YTD: 4.23%
• 6M: 0.91%
• 1Y: -2.34%
• 3Y*: -1.16%
• 5Y*: 4.05%
• 10Y*: 3.45%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

CAD=X vs. LCSIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CAD=X

CAD=X Risk / Return Rank: 47
CAD=X Sharpe Ratio Rank: 35
CAD=X Sortino Ratio Rank: 35
CAD=X Omega Ratio Rank: 33
CAD=X Calmar Ratio Rank: 66
CAD=X Martin Ratio Rank: 66

LCSIX

LCSIX Risk / Return Rank: 6
LCSIX Sharpe Ratio Rank: 5
LCSIX Sortino Ratio Rank: 4
LCSIX Omega Ratio Rank: 4
LCSIX Calmar Ratio Rank: 10
LCSIX Martin Ratio Rank: 8

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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 ratio Return per unit of total volatility	-0.49	-0.37	-0.12
Sortino ratio Return per unit of downside risk	-0.61	-0.43	-0.18
Omega ratio Gain probability vs. loss probability	0.92	0.94	-0.02
Calmar ratio Return relative to maximum drawdown	0.37	-0.23	+0.60
Martin ratio Return relative to average drawdown	0.89	-0.32	+1.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CAD=X vs. LCSIX - Sharpe Ratio Comparison

The current CAD=X Sharpe Ratio is -0.49, which is lower than the LCSIX Sharpe Ratio of -0.37. The chart below compares the historical Sharpe Ratios of CAD=X and LCSIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CAD=X	LCSIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.49	-0.37	-0.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	0.53	-0.25
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.08	0.36	-0.28
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	0.54	-0.46

Correlation

The correlation between CAD=X and LCSIX is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Drawdowns

CAD=X vs. LCSIX - Drawdown Comparison

The maximum CAD=X drawdown since its inception was -23.90%, 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.

Drawdown Indicators

	CAD=X	LCSIX	Difference
Max Drawdown Largest peak-to-trough decline	-23.90%	-25.13%	+1.23%
Max Drawdown (1Y) Largest decline over 1 year	-5.43%	-4.31%	-1.12%
Max Drawdown (5Y) Largest decline over 5 years	-8.31%	-13.21%	+4.90%
Max Drawdown (10Y) Largest decline over 10 years	-17.11%	-13.71%	-3.40%
Current Drawdown Current decline from peak	-5.55%	-8.74%	+3.19%
Average Drawdown Average peak-to-trough decline	-11.00%	-6.33%	-4.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.87%	2.15%	-0.28%

Volatility

CAD=X vs. LCSIX - Volatility Comparison

The current volatility for USD/CAD (CAD=X) is 0.93%, while LoCorr Long/Short Commodity Strategies Fund (LCSIX) has a volatility of 2.36%. 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.

Volatility by Period

	CAD=X	LCSIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.93%	2.36%	-1.43%
Volatility (6M) Calculated over the trailing 6-month period	3.20%	6.14%	-2.94%
Volatility (1Y) Calculated over the trailing 1-year period	4.73%	8.39%	-3.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.88%	7.69%	-1.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.52%	9.53%	-3.01%