LCSIX vs. RWSIX

Last updated Jun 4, 2026

LCSIX (LoCorr Long/Short Commodity Strategies Fund) and RWSIX (Redwood Systematic Macro Trend ("SMarT") Fund) are both Systematic Trend funds. Over the past 5 years, LCSIX returned 1.09%/yr vs 2.42%/yr for RWSIX. At a 0.07 correlation, their price movements are largely independent. LCSIX charges 1.75%/yr vs 1.30%/yr for RWSIX.

Performance

LCSIX vs. RWSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LoCorr Long/Short Commodity Strategies Fund (LCSIX) and Redwood Systematic Macro Trend ("SMarT") Fund (RWSIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LCSIX achieves a 2.44% return, which is significantly lower than RWSIX's 9.73% 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%

RWSIX

• 1D: 0.12%
• 1M: 3.21%
• YTD: 9.73%
• 6M: 10.72%
• 1Y: 17.30%
• 3Y*: 3.69%
• 5Y*: 2.42%
• 10Y*: —

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

LCSIX vs. RWSIX - 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%	3.07%
RWSIX Redwood Systematic Macro Trend ("SMarT") Fund	9.73%	-2.43%	-0.64%	8.92%	-6.10%	18.37%	22.40%	11.18%	-3.55%	-6.27%

Correlation

The correlation between LCSIX and RWSIX is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (5Y) Calculated over the trailing 5-year period	0.17
Correlation (All Time) Calculated using the full available price history since Oct 27, 2017	0.07

The correlation between LCSIX and RWSIX shifts across timeframes, from 0.07 (all time) to 0.18 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

LCSIX vs. RWSIX — 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

RWSIX

RWSIX Risk / Return Rank: 32
RWSIX Sharpe Ratio Rank: 32
RWSIX Sortino Ratio Rank: 32
RWSIX Omega Ratio Rank: 31
RWSIX Calmar Ratio Rank: 31
RWSIX Martin Ratio Rank: 34

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. RWSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LoCorr Long/Short Commodity Strategies Fund (LCSIX) and Redwood Systematic Macro Trend ("SMarT") Fund (RWSIX). 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	RWSIX	Difference
Sharpe ratio Return per unit of total volatility	0.45	1.63	-1.18
Sortino ratio Return per unit of downside risk	0.65	2.33	-1.68
Omega ratio Gain probability vs. loss probability	1.09	1.29	-0.20
Calmar ratio Return relative to maximum drawdown	0.72	2.08	-1.36
Martin ratio Return relative to average drawdown	1.39	7.63	-6.24
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. RWSIX - Sharpe Ratio Comparison

The current LCSIX Sharpe Ratio is 0.45, which is lower than the RWSIX Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of LCSIX and RWSIX, 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	RWSIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.45	1.63	-1.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.20	0.20	0.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.42	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.45	0.00

Drawdowns

LCSIX vs. RWSIX - Drawdown Comparison

The maximum LCSIX drawdown since its inception was -25.13%, roughly equal to the maximum RWSIX drawdown of -24.90%. Use the drawdown chart below to compare losses from any high point for LCSIX and RWSIX.

Drawdown Indicators

	LCSIX	RWSIX	Difference
Max Drawdown Largest peak-to-trough decline	-25.13%	-24.90%	-0.23%
Max Drawdown (1Y) Largest decline over 1 year	-3.87%	-8.37%	+4.50%
Max Drawdown (3Y) Largest decline over 3 years	-11.60%	-24.90%	+13.30%
Max Drawdown (5Y) Largest decline over 5 years	-13.21%	-24.90%	+11.69%
Max Drawdown (10Y) Largest decline over 10 years	-13.54%	—	—
Current Drawdown Current decline from peak	-9.05%	-8.67%	-0.38%
Average Drawdown Average peak-to-trough decline	-6.37%	-6.81%	+0.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.00%	2.28%	-0.28%

Volatility

LCSIX vs. RWSIX - Volatility Comparison

The current volatility for LoCorr Long/Short Commodity Strategies Fund (LCSIX) is 1.11%, while Redwood Systematic Macro Trend ("SMarT") Fund (RWSIX) has a volatility of 3.29%. This indicates that LCSIX experiences smaller price fluctuations and is considered to be less risky than RWSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LCSIX	RWSIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.11%	3.29%	-2.18%
Volatility (6M) Calculated over the trailing 6-month period	5.22%	8.36%	-3.14%
Volatility (1Y) Calculated over the trailing 1-year period	6.20%	10.69%	-4.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.50%	12.19%	-6.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.67%	12.29%	-5.62%

LCSIX vs. RWSIX - Expense Ratio Comparison

LCSIX has a 1.75% expense ratio, which is higher than RWSIX's 1.30% expense ratio.

Dividends

LCSIX vs. RWSIX - Dividend Comparison

LCSIX's dividend yield for the trailing twelve months is around 2.26%, less than RWSIX's 4.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LCSIX LoCorr Long/Short Commodity Strategies Fund	2.26%	2.32%	2.75%	1.88%	10.75%	7.14%	2.94%	0.54%	12.36%	0.02%	3.21%	7.36%
RWSIX Redwood Systematic Macro Trend ("SMarT") Fund	4.11%	4.51%	0.00%	10.35%	3.41%	7.81%	7.78%	3.05%	2.51%	0.63%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LCSIX and RWSIX in my portfolio?

LCSIX and RWSIX have a correlation of 0.16, 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 RWSIX?

RWSIX has higher volatility (3.29%) compared to LCSIX (1.11%). In terms of maximum drawdown, LCSIX dropped -25.13% vs RWSIX's -24.90%.

Which has better risk-adjusted returns?

RWSIX currently has the higher Sharpe Ratio (1.63 vs 0.45), 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.