LCSIX vs. AHLIX

Last updated Aug 1, 2026

LCSIX (LoCorr Long/Short Commodity Strategies Fund) and AHLIX (American Beacon AHL Managed Futures Strategy Fund Class R5) are both Systematic Trend funds. Over the past 10 years, LCSIX returned 2.51%/yr vs 4.76%/yr for AHLIX. Their 0.22 correlation means their historical movements had little consistent relationship. LCSIX charges 1.75%/yr vs 1.53%/yr for AHLIX.

Performance

LCSIX vs. AHLIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LoCorr Long/Short Commodity Strategies Fund (LCSIX) and American Beacon AHL Managed Futures Strategy Fund Class R5 (AHLIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LCSIX achieves a 0.93% return, which is significantly lower than AHLIX's 10.28% return. Over the past 10 years, LCSIX has underperformed AHLIX with an annualized return of 2.51%, while AHLIX has yielded a comparatively higher 4.76% annualized return.

LCSIX

• 1D: 0.12%
• 1M: -0.23%
• 6M: -3.87%
• YTD: 0.93%
• 1Y: 0.01%
• 3Y*: -2.29%
• 5Y*: 0.34%
• 10Y*: 2.51%
• ALL TIME*: 3.17%

AHLIX

• 1D: -0.66%
• 1M: -0.19%
• 6M: 4.37%
• YTD: 10.28%
• 1Y: 27.88%
• 3Y*: 4.02%
• 5Y*: 4.64%
• 10Y*: 4.76%
• ALL TIME*: 4.14%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AHLIX American Beacon AHL Managed Futures Strategy Fund Class R5	$0.00	$0.00	$0.00
LCSIX LoCorr Long/Short Commodity Strategies Fund	$0.00	$0.00	$0.00

LCSIX vs. AHLIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
AHLIX American Beacon AHL Managed Futures Strategy Fund Class R5	10.28%	2.59%	2.07%	-3.85%	16.94%	5.09%	10.71%	0.44%	2.52%	5.23%

Correlation

The correlation between LCSIX and AHLIX is 0.25, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.25
Correlation (3Y) Balances recent behavior with more history.	0.22
Correlation (5Y) Shows whether the relationship held over a longer period.	0.17
Correlation (10Y) Provides a long-term view across more market conditions.	0.19
Correlation (All Time) Calculated using the full available price history since Jan 2, 2015	0.22

Return for Risk

LCSIX vs. AHLIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

LCSIX

LCSIX Risk / Return Rank: 3
LCSIX Sharpe Ratio Rank: 3
LCSIX Sortino Ratio Rank: 3
LCSIX Omega Ratio Rank: 3
LCSIX Calmar Ratio Rank: 3
LCSIX Martin Ratio Rank: 3

AHLIX

AHLIX Risk / Return Rank: 91
AHLIX Sharpe Ratio Rank: 90
AHLIX Sortino Ratio Rank: 85
AHLIX Omega Ratio Rank: 84
AHLIX Calmar Ratio Rank: 98
AHLIX Martin Ratio Rank: 96

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

LCSIX vs. AHLIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LoCorr Long/Short Commodity Strategies Fund (LCSIX) and American Beacon AHL Managed Futures Strategy Fund Class R5 (AHLIX). 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.

	LCSIX	AHLIX	Difference
Sharpe ratio: Return per unit of total volatility	-0.15	2.28	-2.42
Sortino ratio: Return per unit of downside risk	-0.16	3.09	-3.25
Omega ratio: Gain probability vs. loss probability	0.98	1.41	-0.43
Calmar ratio: Return relative to maximum drawdown	-0.18	7.05	-7.22
Martin ratio: Return relative to average drawdown	-0.38	17.42	-17.81

LCSIX vs. AHLIX - Sharpe Ratio Comparison

The current LCSIX Sharpe Ratio is -0.15, which is lower than the AHLIX Sharpe Ratio of 2.28. The chart below compares the historical Sharpe Ratios of LCSIX and AHLIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LCSIX vs. AHLIX - Drawdown Comparison

The maximum LCSIX drawdown since its inception was -25.13%, which is greater than AHLIX's maximum drawdown of -21.62%. Use the drawdown chart below to compare losses from any high point for LCSIX and AHLIX.

Drawdown Indicators

	LCSIX	AHLIX	Difference
Max Drawdown Largest peak-to-trough decline	-25.13%	-21.62%	-3.51%
Max Drawdown (1Y) Largest decline over 1 year	-4.97%	-3.52%	-1.45%
Max Drawdown (3Y) Largest decline over 3 years	-11.60%	-21.62%	+10.02%
Max Drawdown (5Y) Largest decline over 5 years	-13.21%	-21.62%	+8.41%
Max Drawdown (10Y) Largest decline over 10 years	-13.21%	-21.62%	+8.41%
Current Drawdown Current decline from peak	-10.39%	-2.69%	-7.70%
Average Drawdown Average peak-to-trough decline	-6.41%	-6.49%	+0.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.33%	1.44%	+0.89%

Volatility

LCSIX vs. AHLIX - Volatility Comparison

The current volatility for LoCorr Long/Short Commodity Strategies Fund (LCSIX) is 1.92%, while American Beacon AHL Managed Futures Strategy Fund Class R5 (AHLIX) has a volatility of 2.45%. This indicates that LCSIX experiences smaller price fluctuations and is considered to be less risky than AHLIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LCSIX	AHLIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.92%	2.45%	-0.53%
Volatility (6M) Calculated over the trailing 6-month period	4.27%	7.21%	-2.94%
Volatility (1Y) Calculated over the trailing 1-year period	6.06%	10.91%	-4.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.54%	9.65%	-4.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.66%	9.51%	-2.85%

LCSIX vs. AHLIX - Expense Ratio Comparison

LCSIX has a 1.75% expense ratio, which is higher than AHLIX's 1.53% expense ratio.

Dividends

LCSIX vs. AHLIX - Dividend Comparison

LCSIX's dividend yield for the trailing twelve months is around 2.30%, less than AHLIX's 7.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AHLIX American Beacon AHL Managed Futures Strategy Fund Class R5	7.48%	8.25%	0.55%	1.10%	17.63%	7.44%	5.33%	4.47%	1.83%	4.01%	0.00%	3.51%
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

Can I hold both LCSIX and AHLIX in my portfolio?

LCSIX and AHLIX have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LCSIX or AHLIX?

AHLIX has higher volatility (2.45%) compared to LCSIX (1.92%). In terms of maximum drawdown, LCSIX dropped -25.13% vs AHLIX's -21.62%.

Which has better risk-adjusted returns?

AHLIX currently has the higher Sharpe Ratio (2.28 vs -0.15), 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.