LCSIX vs. CAD=X

Last updated Jun 4, 2026

LCSIX (LoCorr Long/Short Commodity Strategies Fund) is Systematic Trend fund managed by LoCorr Funds, while CAD=X (USD/CAD) is a currency. Over the past 10 years, LCSIX returned 2.81%/yr vs -0.01%/yr for CAD=X. At a correlation of -0.02, they often move in opposite directions.

Performance

LCSIX vs. CAD=X - Performance Comparison

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

Different Trading Currencies

LCSIX is traded in USD, while CAD=X is traded in CAD. To make them comparable, the CAD=X values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, LCSIX achieves a 2.44% return, which is significantly higher than CAD=X's 0.02% return. Over the past 10 years, LCSIX has outperformed CAD=X with an annualized return of 2.81%, while CAD=X has yielded a comparatively lower -0.01% annualized return.

LCSIX

• 1D: 0.23%
• 1M: -0.23%
• YTD: 2.44%
• 6M: 1.85%
• 1Y: 2.66%
• 3Y*: -2.00%
• 5Y*: 1.09%
• 10Y*: 2.81%

CAD=X

• 1D: 0.01%
• 1M: -0.03%
• YTD: 0.02%
• 6M: 0.00%
• 1Y: -0.00%
• 3Y*: -0.02%
• 5Y*: 0.02%
• 10Y*: -0.01%

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

LCSIX vs. CAD=X - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LCSIX LoCorr Long/Short Commodity Strategies Fund	2.44%	1.13%	-8.29%	-3.07%	6.04%	14.90%	9.90%	-5.97%	15.16%	6.19%
CAD=X USD/CAD	0.02%	-0.01%	0.01%	0.02%	-0.04%	-0.17%	0.28%	-0.17%	0.06%	0.10%

Correlation

The correlation between LCSIX and CAD=X is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.08
Correlation (3Y) Calculated over the trailing 3-year period	-0.06
Correlation (5Y) Calculated over the trailing 5-year period	-0.06
Correlation (10Y) Calculated over the trailing 10-year period	-0.01
Correlation (All Time) Calculated using the full available price history since Jan 18, 2012	-0.02

Return for Risk

LCSIX vs. CAD=X — Risk / Return Rank

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

LCSIX

LCSIX Risk / Return Rank: 6
LCSIX Sharpe Ratio Rank: 6
LCSIX Sortino Ratio Rank: 5
LCSIX Omega Ratio Rank: 6
LCSIX Calmar Ratio Rank: 7
LCSIX Martin Ratio Rank: 5

CAD=X

CAD=X Risk / Return Rank: 62
CAD=X Sharpe Ratio Rank: 62
CAD=X Sortino Ratio Rank: 59
CAD=X Omega Ratio Rank: 62
CAD=X Calmar Ratio Rank: 64
CAD=X Martin Ratio Rank: 63

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.

LCSIX vs. CAD=X - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LoCorr Long/Short Commodity Strategies Fund (LCSIX) and USD/CAD (CAD=X). 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.

	LCSIX	CAD=X	Difference
Sharpe ratio Return per unit of total volatility	0.45	-0.00	+0.45
Sortino ratio Return per unit of downside risk	0.65	0.00	+0.65
Omega ratio Gain probability vs. loss probability	1.09	1.00	+0.09
Calmar ratio Return relative to maximum drawdown	0.72	-0.00	+0.72
Martin ratio Return relative to average drawdown	1.39	-0.02	+1.41
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LCSIX vs. CAD=X - Sharpe Ratio Comparison

The current LCSIX Sharpe Ratio is 0.45, which is higher than the CAD=X Sharpe Ratio of -0.00. The chart below compares the historical Sharpe Ratios of LCSIX and CAD=X, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LCSIX	CAD=X	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.45	-0.00	+0.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.20	0.02	+0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.42	-0.00	+0.43
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	-0.00	+0.45

Drawdowns

LCSIX vs. CAD=X - Drawdown Comparison

The maximum LCSIX drawdown since its inception was -25.13%, which is greater than CAD=X's maximum drawdown of -11.57%. Use the drawdown chart below to compare losses from any high point for LCSIX and CAD=X.

Drawdown Indicators

	LCSIX	CAD=X	Difference
Max Drawdown Largest peak-to-trough decline	-25.13%	-11.57%	-13.56%
Max Drawdown (1Y) Largest decline over 1 year	-3.87%	-0.70%	-3.17%
Max Drawdown (3Y) Largest decline over 3 years	-11.60%	-0.70%	-10.90%
Max Drawdown (5Y) Largest decline over 5 years	-13.21%	-0.70%	-12.51%
Max Drawdown (10Y) Largest decline over 10 years	-13.54%	-3.43%	-10.11%
Current Drawdown Current decline from peak	-9.05%	-1.12%	-7.93%
Average Drawdown Average peak-to-trough decline	-6.37%	-1.11%	-5.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.00%	0.20%	+1.80%

Volatility

LCSIX vs. CAD=X - Volatility Comparison

LoCorr Long/Short Commodity Strategies Fund (LCSIX) has a higher volatility of 1.11% compared to USD/CAD (CAD=X) at 1.00%. This indicates that LCSIX's price experiences larger fluctuations and is considered to be riskier than CAD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LCSIX	CAD=X	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.11%	1.00%	+0.11%
Volatility (6M) Calculated over the trailing 6-month period	5.22%	1.08%	+4.14%
Volatility (1Y) Calculated over the trailing 1-year period	6.20%	1.19%	+5.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.50%	0.91%	+4.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.67%	1.82%	+4.85%

Frequently Asked Questions

Can I hold both LCSIX and CAD=X in my portfolio?

LCSIX and CAD=X have a correlation of -0.08, 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 CAD=X?

LCSIX has higher volatility (1.11%) compared to CAD=X (1.00%). In terms of maximum drawdown, LCSIX dropped -25.13% vs CAD=X's -11.57%.

Which has better risk-adjusted returns?

LCSIX currently has the higher Sharpe Ratio (0.45 vs -0.00), 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.