LCTRX vs. AMFIX

Last updated Jun 3, 2026

LCTRX (Leader Capital High Quality Floating Rate Fund Investor Shares) and AMFIX (AAMA Income Fund) are both Intermediate Core-Plus Bond funds. Over the past 5 years, LCTRX returned 5.32%/yr vs 0.74%/yr for AMFIX. At a 0.10 correlation, their price movements are largely independent. LCTRX charges 2.33%/yr vs 0.92%/yr for AMFIX.

Performance

LCTRX vs. AMFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leader Capital High Quality Floating Rate Fund Investor Shares (LCTRX) and AAMA Income Fund (AMFIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LCTRX achieves a 1.78% return, which is significantly higher than AMFIX's 0.30% return.

LCTRX

• 1D: 0.00%
• 1M: 0.51%
• YTD: 1.78%
• 6M: 2.24%
• 1Y: 4.84%
• 3Y*: 5.86%
• 5Y*: 5.32%
• 10Y*: 4.83%

AMFIX

• 1D: -0.08%
• 1M: -0.04%
• YTD: 0.30%
• 6M: 0.52%
• 1Y: 2.53%
• 3Y*: 3.31%
• 5Y*: 0.74%
• 10Y*: —

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

LCTRX vs. AMFIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LCTRX Leader Capital High Quality Floating Rate Fund Investor Shares	1.78%	4.72%	6.03%	8.26%	2.22%	1.99%	12.07%	1.15%	6.01%	1.43%
AMFIX AAMA Income Fund	0.30%	3.74%	3.48%	3.84%	-6.26%	-1.37%	2.24%	2.47%	0.89%	-0.44%

Correlation

The correlation between LCTRX and AMFIX is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (5Y) Calculated over the trailing 5-year period	0.13
Correlation (All Time) Calculated using the full available price history since Aug 31, 2017	0.10

Over the past year, LCTRX and AMFIX have become more correlated (0.33) than their long-term average of 0.10, meaning their price movements have been converging.

Return for Risk

LCTRX vs. AMFIX — Risk / Return Rank

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

LCTRX

LCTRX Risk / Return Rank: 91
LCTRX Sharpe Ratio Rank: 80
LCTRX Sortino Ratio Rank: 96
LCTRX Omega Ratio Rank: 97
LCTRX Calmar Ratio Rank: 90
LCTRX Martin Ratio Rank: 92

AMFIX

AMFIX Risk / Return Rank: 71
AMFIX Sharpe Ratio Rank: 66
AMFIX Sortino Ratio Rank: 79
AMFIX Omega Ratio Rank: 76
AMFIX Calmar Ratio Rank: 76
AMFIX Martin Ratio Rank: 57

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.

LCTRX vs. AMFIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leader Capital High Quality Floating Rate Fund Investor Shares (LCTRX) and AAMA Income Fund (AMFIX). 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.

	LCTRX	AMFIX	Difference
Sharpe ratio Return per unit of total volatility	2.60	2.39	+0.21
Sortino ratio Return per unit of downside risk	5.58	3.74	+1.84
Omega ratio Gain probability vs. loss probability	1.95	1.50	+0.45
Calmar ratio Return relative to maximum drawdown	4.62	3.42	+1.20
Martin ratio Return relative to average drawdown	19.23	11.59	+7.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LCTRX vs. AMFIX - Sharpe Ratio Comparison

The current LCTRX Sharpe Ratio is 2.60, which is comparable to the AMFIX Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of LCTRX and AMFIX, 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

	LCTRX	AMFIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.60	2.39	+0.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	2.19	0.34	+1.85
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.77	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	0.56	+0.14

Drawdowns

LCTRX vs. AMFIX - Drawdown Comparison

The maximum LCTRX drawdown since its inception was -26.09%, which is greater than AMFIX's maximum drawdown of -9.35%. Use the drawdown chart below to compare losses from any high point for LCTRX and AMFIX.

Drawdown Indicators

	LCTRX	AMFIX	Difference
Max Drawdown Largest peak-to-trough decline	-26.09%	-9.35%	-16.74%
Max Drawdown (1Y) Largest decline over 1 year	-1.17%	-0.74%	-0.43%
Max Drawdown (3Y) Largest decline over 3 years	-1.33%	-0.88%	-0.45%
Max Drawdown (5Y) Largest decline over 5 years	-3.82%	-8.91%	+5.09%
Max Drawdown (10Y) Largest decline over 10 years	-23.93%	—	—
Current Drawdown Current decline from peak	0.00%	-0.39%	+0.39%
Average Drawdown Average peak-to-trough decline	-4.12%	-2.03%	-2.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.28%	0.22%	+0.06%

Volatility

LCTRX vs. AMFIX - Volatility Comparison

Leader Capital High Quality Floating Rate Fund Investor Shares (LCTRX) has a higher volatility of 0.58% compared to AAMA Income Fund (AMFIX) at 0.41%. This indicates that LCTRX's price experiences larger fluctuations and is considered to be riskier than AMFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LCTRX	AMFIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.58%	0.41%	+0.17%
Volatility (6M) Calculated over the trailing 6-month period	1.46%	0.83%	+0.63%
Volatility (1Y) Calculated over the trailing 1-year period	1.91%	1.05%	+0.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.45%	2.17%	+0.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.31%	1.74%	+4.57%

LCTRX vs. AMFIX - Expense Ratio Comparison

LCTRX has a 2.33% expense ratio, which is higher than AMFIX's 0.92% expense ratio.

Dividends

LCTRX vs. AMFIX - Dividend Comparison

LCTRX's dividend yield for the trailing twelve months is around 5.28%, more than AMFIX's 2.21% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
AMFIX AAMA Income Fund	2.21%	2.08%	2.44%	1.70%	0.83%	0.57%	0.83%	1.24%	1.24%	0.40%
LCTRX Leader Capital High Quality Floating Rate Fund Investor Shares	5.28%	5.53%	5.57%	5.31%	2.18%	1.69%	1.17%	2.40%	3.31%	2.09%

Frequently Asked Questions

Can I hold both LCTRX and AMFIX in my portfolio?

LCTRX and AMFIX have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LCTRX or AMFIX?

LCTRX has higher volatility (0.58%) compared to AMFIX (0.41%). In terms of maximum drawdown, LCTRX dropped -26.09% vs AMFIX's -9.35%.

Which has better risk-adjusted returns?

LCTRX currently has the higher Sharpe Ratio (2.60 vs 2.39), 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.