EQCHX vs. LFMAX

Last updated Apr 3, 2026

Compare and contrast key facts about AXS Chesapeake Strategy Fund Class I (EQCHX) and LoCorr Macro Strategies Fund (LFMAX).

EQCHX is managed by AXS. It was launched on Sep 10, 2012. LFMAX is managed by LoCorr Funds. It was launched on Mar 21, 2011.

Performance

EQCHX vs. LFMAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AXS Chesapeake Strategy Fund Class I (EQCHX) and LoCorr Macro Strategies Fund (LFMAX). The values are adjusted to include any dividend payments, if applicable.

EQCHX vs. LFMAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EQCHX AXS Chesapeake Strategy Fund Class I	0.83%	-8.09%	-3.79%	-8.07%	20.13%	12.28%	6.96%	-2.56%	-12.91%	15.11%
LFMAX LoCorr Macro Strategies Fund	8.67%	2.56%	6.36%	-6.69%	15.03%	-0.17%	5.41%	12.51%	-5.38%	2.69%

Returns By Period

EQCHX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

LFMAX

• 1D: 0.00%
• 1M: 2.48%
• YTD: 8.67%
• 6M: 9.59%
• 1Y: 11.60%
• 3Y*: 4.90%
• 5Y*: 4.25%
• 10Y*: 3.85%

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

EQCHX vs. LFMAX - Expense Ratio Comparison

EQCHX has a 1.91% expense ratio, which is lower than LFMAX's 2.13% expense ratio.

LFMAX

LoCorr Macro Strategies Fund

EQCHX

AXS Chesapeake Strategy Fund Class I

Return for Risk

EQCHX vs. LFMAX — Risk / Return Rank

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

LFMAX

LFMAX Risk / Return Rank: 90
LFMAX Sharpe Ratio Rank: 90
LFMAX Sortino Ratio Rank: 92
LFMAX Omega Ratio Rank: 85
LFMAX Calmar Ratio Rank: 96
LFMAX Martin Ratio Rank: 86

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.

EQCHX vs. LFMAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AXS Chesapeake Strategy Fund Class I (EQCHX) and LoCorr Macro Strategies Fund (LFMAX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	EQCHX	LFMAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.00	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.59	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.51	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.34	—

Correlation

The correlation between EQCHX and LFMAX is 0.60, 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.

Dividends

EQCHX vs. LFMAX - Dividend Comparison

EQCHX has not paid dividends to shareholders, while LFMAX's dividend yield for the trailing twelve months is around 2.71%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EQCHX AXS Chesapeake Strategy Fund Class I	0.00%	0.00%	0.62%	1.82%	1.54%	20.40%	0.00%	3.86%	1.18%	0.00%	0.00%	1.34%
LFMAX LoCorr Macro Strategies Fund	2.71%	2.94%	2.88%	2.96%	14.38%	4.79%	5.65%	4.48%	2.83%	5.98%	1.97%	2.87%

Drawdowns

Drawdown Indicators

	EQCHX	LFMAX	Difference
Max Drawdown Largest peak-to-trough decline	—	-23.16%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-2.53%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-12.54%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-12.54%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	-7.13%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.14%	—

Volatility

Volatility by Period

	EQCHX	LFMAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.76%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.56%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	5.81%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	7.27%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	7.63%	—