LEQIX vs. BDMIX
Compare and contrast key facts about LoCorr Dynamic Equity Fund (LEQIX) and BlackRock Global Long/Short Equity Fund Class I (BDMIX).
LEQIX is managed by LoCorr Funds. It was launched on May 9, 2013. BDMIX is managed by BlackRock. It was launched on Dec 20, 2012.
Performance
LEQIX vs. BDMIX - Performance Comparison
Loading graphics...
LEQIX vs. BDMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LEQIX LoCorr Dynamic Equity Fund | -1.80% | 2.88% | 11.56% | 3.43% | -8.80% | 14.59% | 4.03% | 13.68% | -12.53% | 2.58% |
BDMIX BlackRock Global Long/Short Equity Fund Class I | 4.32% | 18.30% | 21.39% | 14.55% | 1.80% | 3.34% | 0.29% | -0.85% | 2.20% | 12.85% |
Returns By Period
In the year-to-date period, LEQIX achieves a -1.80% return, which is significantly lower than BDMIX's 4.32% return. Over the past 10 years, LEQIX has underperformed BDMIX with an annualized return of 4.94%, while BDMIX has yielded a comparatively higher 7.29% annualized return.
LEQIX
- 1D
- 0.00%
- 1M
- -3.96%
- YTD
- -1.80%
- 6M
- -2.58%
- 1Y
- 6.89%
- 3Y*
- 5.55%
- 5Y*
- 2.36%
- 10Y*
- 4.94%
BDMIX
- 1D
- 0.73%
- 1M
- 1.60%
- YTD
- 4.32%
- 6M
- 8.75%
- 1Y
- 17.17%
- 3Y*
- 18.86%
- 5Y*
- 11.38%
- 10Y*
- 7.29%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
LEQIX vs. BDMIX - Expense Ratio Comparison
LEQIX has a 1.99% expense ratio, which is higher than BDMIX's 1.57% expense ratio.
Return for Risk
LEQIX vs. BDMIX — Risk / Return Rank
LEQIX
BDMIX
LEQIX vs. BDMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for LoCorr Dynamic Equity Fund (LEQIX) and BlackRock Global Long/Short Equity Fund Class I (BDMIX). 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.
| LEQIX | BDMIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.71 | 2.55 | -1.84 |
Sortino ratioReturn per unit of downside risk | 1.12 | 3.73 | -2.62 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.48 | -0.34 |
Calmar ratioReturn relative to maximum drawdown | 1.06 | 5.14 | -4.08 |
Martin ratioReturn relative to average drawdown | 3.22 | 14.25 | -11.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| LEQIX | BDMIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.71 | 2.55 | -1.84 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | 1.76 | -1.52 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | 1.27 | -0.86 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 1.15 | -0.93 |
Correlation
The correlation between LEQIX and BDMIX is 0.03, 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.
Dividends
LEQIX vs. BDMIX - Dividend Comparison
LEQIX's dividend yield for the trailing twelve months is around 20.64%, more than BDMIX's 8.56% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LEQIX LoCorr Dynamic Equity Fund | 20.64% | 20.27% | 1.22% | 1.50% | 1.31% | 6.09% | 0.00% | 0.33% | 3.86% | 4.40% | 0.00% | 0.00% |
BDMIX BlackRock Global Long/Short Equity Fund Class I | 8.56% | 8.94% | 13.26% | 7.42% | 0.00% | 1.23% | 0.30% | 6.78% | 0.94% | 0.00% | 0.00% | 1.86% |
Drawdowns
LEQIX vs. BDMIX - Drawdown Comparison
The maximum LEQIX drawdown since its inception was -32.49%, which is greater than BDMIX's maximum drawdown of -11.89%. Use the drawdown chart below to compare losses from any high point for LEQIX and BDMIX.
Loading graphics...
Drawdown Indicators
| LEQIX | BDMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.49% | -11.89% | -20.60% |
Max Drawdown (1Y)Largest decline over 1 year | -5.94% | -3.60% | -2.34% |
Max Drawdown (5Y)Largest decline over 5 years | -17.78% | -7.45% | -10.33% |
Max Drawdown (10Y)Largest decline over 10 years | -32.49% | -9.44% | -23.05% |
Current DrawdownCurrent decline from peak | -4.55% | -0.13% | -4.42% |
Average DrawdownAverage peak-to-trough decline | -6.84% | -2.71% | -4.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.95% | 1.30% | +0.65% |
Volatility
LEQIX vs. BDMIX - Volatility Comparison
LoCorr Dynamic Equity Fund (LEQIX) has a higher volatility of 2.11% compared to BlackRock Global Long/Short Equity Fund Class I (BDMIX) at 1.72%. This indicates that LEQIX's price experiences larger fluctuations and is considered to be riskier than BDMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| LEQIX | BDMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.11% | 1.72% | +0.39% |
Volatility (6M)Calculated over the trailing 6-month period | 6.17% | 4.78% | +1.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.87% | 6.93% | +2.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.90% | 6.51% | +3.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.20% | 5.77% | +6.43% |