LCSIX vs. FSMSX
Compare and contrast key facts about LoCorr Long/Short Commodity Strategies Fund (LCSIX) and FS Multi-Strategy Alternatives Fund (FSMSX).
LCSIX is managed by LoCorr Funds. It was launched on Dec 29, 2011. FSMSX is managed by FS Investments. It was launched on May 15, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LCSIX or FSMSX.
Correlation
The correlation between LCSIX and FSMSX is 0.06, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
LCSIX vs. FSMSX - Performance Comparison
Key characteristics
LCSIX:
-1.60
FSMSX:
0.35
LCSIX:
-2.06
FSMSX:
0.43
LCSIX:
0.77
FSMSX:
1.09
LCSIX:
-0.67
FSMSX:
0.38
LCSIX:
-2.04
FSMSX:
1.44
LCSIX:
3.66%
FSMSX:
0.96%
LCSIX:
4.67%
FSMSX:
3.93%
LCSIX:
-25.05%
FSMSX:
-9.41%
LCSIX:
-11.14%
FSMSX:
-3.58%
Returns By Period
In the year-to-date period, LCSIX achieves a -7.18% return, which is significantly lower than FSMSX's 1.19% return.
LCSIX
-7.18%
-3.01%
-8.21%
-7.47%
4.00%
5.21%
FSMSX
1.19%
-2.47%
-1.52%
1.28%
3.85%
N/A
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LCSIX vs. FSMSX - Expense Ratio Comparison
LCSIX has a 1.75% expense ratio, which is lower than FSMSX's 1.89% expense ratio.
Risk-Adjusted Performance
LCSIX vs. FSMSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for LoCorr Long/Short Commodity Strategies Fund (LCSIX) and FS Multi-Strategy Alternatives Fund (FSMSX). 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.
Dividends
LCSIX vs. FSMSX - Dividend Comparison
LCSIX's dividend yield for the trailing twelve months is around 2.66%, while FSMSX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
LCSIX LoCorr Long/Short Commodity Strategies Fund | 2.66% | 1.89% | 10.75% | 7.14% | 2.93% | 0.54% | 12.36% | 0.02% | 3.20% | 7.35% | 9.86% |
FSMSX FS Multi-Strategy Alternatives Fund | 0.00% | 3.57% | 2.97% | 3.22% | 0.77% | 2.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
LCSIX vs. FSMSX - Drawdown Comparison
The maximum LCSIX drawdown since its inception was -25.05%, which is greater than FSMSX's maximum drawdown of -9.41%. Use the drawdown chart below to compare losses from any high point for LCSIX and FSMSX. For additional features, visit the drawdowns tool.
Volatility
LCSIX vs. FSMSX - Volatility Comparison
The current volatility for LoCorr Long/Short Commodity Strategies Fund (LCSIX) is 1.64%, while FS Multi-Strategy Alternatives Fund (FSMSX) has a volatility of 3.03%. This indicates that LCSIX experiences smaller price fluctuations and is considered to be less risky than FSMSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.