LCSIX vs. IAU
LCSIX (LoCorr Long/Short Commodity Strategies Fund) and IAU (iShares Gold Trust) are both funds - LCSIX is a Systematic Trend fund managed by LoCorr Funds, while IAU is a Gold fund tracking the LBMA Gold Price. Over the past 10 years, LCSIX returned 2.61%/yr vs 11.43%/yr for IAU. At a 0.11 correlation, their price movements are largely independent. LCSIX charges 1.75%/yr vs 0.25%/yr for IAU.
Performance
LCSIX vs. IAU - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LCSIX achieves a 0.58% return, which is significantly higher than IAU's -7.17% return. Over the past 10 years, LCSIX has underperformed IAU with an annualized return of 2.61%, while IAU has yielded a comparatively higher 11.43% annualized return.
LCSIX
- 1D
- 0.23%
- 1M
- -1.14%
- 6M
- 1.88%
- YTD
- 0.58%
- 1Y
- -0.89%
- 3Y*
- -2.04%
- 5Y*
- 0.34%
- 10Y*
- 2.61%
- ALL TIME*
- 3.15%
IAU
- 1D
- -0.20%
- 1M
- -5.02%
- 6M
- -12.66%
- YTD
- -7.17%
- 1Y
- 19.36%
- 3Y*
- 26.56%
- 5Y*
- 17.02%
- 10Y*
- 11.43%
- ALL TIME*
- 10.67%
LCSIX vs. IAU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LCSIX LoCorr Long/Short Commodity Strategies Fund | 0.58% | 1.13% | -8.29% | -3.07% | 6.04% | 14.90% | 9.90% | -5.97% | 15.16% | 6.19% |
IAU iShares Gold Trust | -7.17% | 63.95% | 26.85% | 12.84% | -0.63% | -4.00% | 25.03% | 17.98% | -1.76% | 12.91% |
Correlation
The correlation between LCSIX and IAU is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jan 17, 2012 | 0.11 |
Over the past year, LCSIX and IAU have become more correlated (0.35) than their long-term average of 0.11, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LCSIX vs. IAU — Risk / Return Rank
LCSIX
IAU
LCSIX vs. IAU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for LoCorr Long/Short Commodity Strategies Fund (LCSIX) and iShares Gold Trust (IAU). 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 | IAU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.79 | ||
| Sortino ratioReturn per unit of downside risk | -1.13 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.15 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.11 | 0.74 | -0.85 |
| Martin ratioReturn relative to average drawdown | -0.25 | 1.72 | -1.98 |
Loading charts...
Drawdowns
LCSIX vs. IAU - Drawdown Comparison
The maximum LCSIX drawdown since its inception was -25.13%, smaller than the maximum IAU drawdown of -45.14%. Use the drawdown chart below to compare losses from any high point for LCSIX and IAU.
Loading charts...
Drawdown Indicators
| LCSIX | IAU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.13% | -45.14% | +20.01% |
Max Drawdown (1Y)Largest decline over 1 year | -4.97% | -26.36% | +21.39% |
Max Drawdown (3Y)Largest decline over 3 years | -11.60% | -26.36% | +14.76% |
Max Drawdown (5Y)Largest decline over 5 years | -13.21% | -26.36% | +13.15% |
Max Drawdown (10Y)Largest decline over 10 years | -13.54% | -26.36% | +12.82% |
Current DrawdownCurrent decline from peak | -10.70% | -25.81% | +15.11% |
Average DrawdownAverage peak-to-trough decline | -6.40% | -16.00% | +9.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.23% | 11.25% | -9.02% |
Volatility
LCSIX vs. IAU - Volatility Comparison
The current volatility for LoCorr Long/Short Commodity Strategies Fund (LCSIX) is 1.36%, while iShares Gold Trust (IAU) has a volatility of 6.34%. This indicates that LCSIX experiences smaller price fluctuations and is considered to be less risky than IAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LCSIX | IAU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.36% | 6.34% | -4.98% |
Volatility (6M)Calculated over the trailing 6-month period | 4.70% | 24.03% | -19.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.91% | 27.86% | -21.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.51% | 18.36% | -12.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.65% | 16.05% | -9.40% |
LCSIX vs. IAU - Expense Ratio Comparison
LCSIX has a 1.75% expense ratio, which is higher than IAU's 0.25% expense ratio.
Dividends
LCSIX vs. IAU - Dividend Comparison
LCSIX's dividend yield for the trailing twelve months is around 2.30%, while IAU has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IAU iShares Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
LCSIX and IAU have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IAU has higher volatility (6.34%) compared to LCSIX (1.36%). In terms of maximum drawdown, LCSIX dropped -25.13% vs IAU's -45.14%.
IAU currently has the higher Sharpe Ratio (0.70 vs -0.10), 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.
Find the right allocation for LCSIX and IAU
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer