GLFOX vs. LCSIX
GLFOX (Lazard Global Listed Infrastructure Portfolio Open Shares) and LCSIX (LoCorr Long/Short Commodity Strategies Fund) are both mutual funds - GLFOX is a Infrastructure Equities fund managed by Lazard, while LCSIX is a Systematic Trend fund managed by LoCorr. Over the past 10 years, GLFOX returned 9.75%/yr vs 2.50%/yr for LCSIX. Their -0.04 correlation means they have often moved in opposite directions in the past. GLFOX charges 1.22%/yr vs 1.75%/yr for LCSIX.
Performance
GLFOX vs. LCSIX - Performance Comparison
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Returns By Period
In the year-to-date period, GLFOX achieves a 7.09% return, which is significantly higher than LCSIX's 0.93% return. Over the past 10 years, GLFOX has outperformed LCSIX with an annualized return of 9.75%, while LCSIX has yielded a comparatively lower 2.50% annualized return.
GLFOX
- 1D
- -0.47%
- 1M
- -1.60%
- 6M
- 3.72%
- YTD
- 7.09%
- 1Y
- 13.72%
- 3Y*
- 13.12%
- 5Y*
- 10.45%
- 10Y*
- 9.75%
- ALL TIME*
- 10.57%
LCSIX
- 1D
- 0.00%
- 1M
- -0.23%
- 6M
- -1.47%
- YTD
- 0.93%
- 1Y
- 0.01%
- 3Y*
- -2.32%
- 5Y*
- 0.34%
- 10Y*
- 2.50%
- ALL TIME*
- 3.17%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
GLFOX vs. LCSIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GLFOX Lazard Global Listed Infrastructure Portfolio Open Shares | 7.09% | 23.53% | 6.43% | 10.59% | -1.59% | 19.67% | -4.71% | 21.95% | -4.06% | 20.44% |
LCSIX LoCorr Long/Short Commodity Strategies Fund | 0.93% | 1.13% | -8.29% | -3.07% | 6.04% | 14.90% | 9.90% | -5.97% | 15.16% | 6.19% |
Correlation
The correlation between GLFOX and LCSIX is -0.04, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.04 |
Correlation (3Y) Balances recent behavior with more history. | 0.04 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.04 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.01 |
Correlation (All Time) Calculated using the full available price history since Jan 17, 2012 | -0.04 |
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Return for Risk
GLFOX vs. LCSIX — Risk / Return Rank
GLFOX
LCSIX
GLFOX vs. LCSIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lazard Global Listed Infrastructure Portfolio Open Shares (GLFOX) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GLFOX | LCSIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.28 | ||
| Sortino ratioReturn per unit of downside risk | +1.73 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.00 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.51 | -0.04 | +1.55 |
| Martin ratioReturn relative to average drawdown | 4.05 | -0.09 | +4.15 |
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Drawdowns
GLFOX vs. LCSIX - Drawdown Comparison
The maximum GLFOX drawdown since its inception was -29.65%, which is greater than LCSIX's maximum drawdown of -25.13%. Use the drawdown chart below to compare losses from any high point for GLFOX and LCSIX.
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Drawdown Indicators
| GLFOX | LCSIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.65% | -25.13% | -4.52% |
Max Drawdown (1Y)Largest decline over 1 year | -9.01% | -4.97% | -4.04% |
Max Drawdown (3Y)Largest decline over 3 years | -9.01% | -11.60% | +2.59% |
Max Drawdown (5Y)Largest decline over 5 years | -17.14% | -13.21% | -3.93% |
Max Drawdown (10Y)Largest decline over 10 years | -29.65% | -13.21% | -16.44% |
Current DrawdownCurrent decline from peak | -6.00% | -10.39% | +4.39% |
Average DrawdownAverage peak-to-trough decline | -3.43% | -6.41% | +2.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.35% | 2.32% | +1.03% |
Volatility
GLFOX vs. LCSIX - Volatility Comparison
Lazard Global Listed Infrastructure Portfolio Open Shares (GLFOX) has a higher volatility of 2.80% compared to LoCorr Long/Short Commodity Strategies Fund (LCSIX) at 1.92%. This indicates that GLFOX's price experiences larger fluctuations and is considered to be riskier 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
| GLFOX | LCSIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.80% | 1.92% | +0.88% |
Volatility (6M)Calculated over the trailing 6-month period | 9.47% | 4.23% | +5.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.89% | 6.05% | +4.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.01% | 5.53% | +5.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.19% | 6.66% | +6.53% |
GLFOX vs. LCSIX - Expense Ratio Comparison
GLFOX has a 1.22% expense ratio, which is lower than LCSIX's 1.75% expense ratio.
Dividends
GLFOX vs. LCSIX - Dividend Comparison
GLFOX's dividend yield for the trailing twelve months is around 7.12%, more than LCSIX's 2.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLFOX Lazard Global Listed Infrastructure Portfolio Open Shares | 7.12% | 6.03% | 4.00% | 2.69% | 14.50% | 6.02% | 2.39% | 4.20% | 13.99% | 6.82% | 2.07% | 11.01% |
LCSIX LoCorr Long/Short Commodity Strategies Fund | 2.30% | 2.32% | 2.75% | 1.88% | 10.75% | 7.14% | 2.94% | 0.54% | 12.36% | 0.02% | 3.21% | 7.36% |
Frequently Asked Questions
GLFOX and LCSIX have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GLFOX has higher volatility (2.80%) compared to LCSIX (1.92%). In terms of maximum drawdown, GLFOX dropped -29.65% vs LCSIX's -25.13%.
GLFOX currently has the higher Sharpe Ratio (1.25 vs -0.04), 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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