LEQIX vs. LSPIX

Last updated Apr 1, 2026

Compare and contrast key facts about LoCorr Dynamic Equity Fund (LEQIX) and LoCorr Spectrum Income Fund (LSPIX).

LEQIX is managed by LoCorr Funds. It was launched on May 9, 2013. LSPIX is managed by LoCorr Funds. It was launched on Dec 30, 2013.

Performance

LEQIX vs. LSPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LoCorr Dynamic Equity Fund (LEQIX) and LoCorr Spectrum Income Fund (LSPIX). The values are adjusted to include any dividend payments, if applicable.

LEQIX vs. LSPIX - 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%
LSPIX LoCorr Spectrum Income Fund	3.09%	9.86%	9.14%	2.04%	-8.59%	21.49%	-2.64%	18.75%	-7.91%	3.86%

Returns By Period

In the year-to-date period, LEQIX achieves a -1.80% return, which is significantly lower than LSPIX's 3.09% return. Both investments have delivered pretty close results over the past 10 years, with LEQIX having a 4.94% annualized return and LSPIX not far ahead at 5.12%.

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%

LSPIX

• 1D: 0.00%
• 1M: -4.86%
• YTD: 3.09%
• 6M: 5.61%
• 1Y: 7.63%
• 3Y*: 8.44%
• 5Y*: 4.40%
• 10Y*: 5.12%

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

LEQIX vs. LSPIX - Expense Ratio Comparison

LEQIX has a 1.99% expense ratio, which is higher than LSPIX's 1.73% expense ratio.

LEQIX

LoCorr Dynamic Equity Fund

LSPIX

LoCorr Spectrum Income Fund

Return for Risk

LEQIX vs. LSPIX — Risk / Return Rank

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

LEQIX

LEQIX Risk / Return Rank: 31
LEQIX Sharpe Ratio Rank: 30
LEQIX Sortino Ratio Rank: 31
LEQIX Omega Ratio Rank: 23
LEQIX Calmar Ratio Rank: 40
LEQIX Martin Ratio Rank: 30

LSPIX

LSPIX Risk / Return Rank: 22
LSPIX Sharpe Ratio Rank: 22
LSPIX Sortino Ratio Rank: 20
LSPIX Omega Ratio Rank: 23
LSPIX Calmar Ratio Rank: 19
LSPIX Martin Ratio Rank: 24

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.

LEQIX vs. LSPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LoCorr Dynamic Equity Fund (LEQIX) and LoCorr Spectrum Income Fund (LSPIX). 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	LSPIX	Difference
Sharpe ratio Return per unit of total volatility	0.71	0.59	+0.12
Sortino ratio Return per unit of downside risk	1.12	0.85	+0.27
Omega ratio Gain probability vs. loss probability	1.13	1.14	0.00
Calmar ratio Return relative to maximum drawdown	1.06	0.58	+0.47
Martin ratio Return relative to average drawdown	3.22	2.60	+0.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LEQIX vs. LSPIX - Sharpe Ratio Comparison

The current LEQIX Sharpe Ratio is 0.71, which is comparable to the LSPIX Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of LEQIX and LSPIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LEQIX	LSPIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.71	0.59	+0.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.24	0.37	-0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	0.34	+0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.21	+0.01

Correlation

The correlation between LEQIX and LSPIX is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

LEQIX vs. LSPIX - Dividend Comparison

LEQIX's dividend yield for the trailing twelve months is around 20.64%, more than LSPIX's 8.03% 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%
LSPIX LoCorr Spectrum Income Fund	8.03%	8.91%	8.96%	8.96%	11.00%	6.91%	7.83%	7.56%	9.60%	8.13%	7.80%	7.71%

Drawdowns

LEQIX vs. LSPIX - Drawdown Comparison

The maximum LEQIX drawdown since its inception was -32.49%, smaller than the maximum LSPIX drawdown of -43.64%. Use the drawdown chart below to compare losses from any high point for LEQIX and LSPIX.

Drawdown Indicators

	LEQIX	LSPIX	Difference
Max Drawdown Largest peak-to-trough decline	-32.49%	-43.64%	+11.15%
Max Drawdown (1Y) Largest decline over 1 year	-5.94%	-12.77%	+6.83%
Max Drawdown (5Y) Largest decline over 5 years	-17.78%	-18.93%	+1.15%
Max Drawdown (10Y) Largest decline over 10 years	-32.49%	-43.64%	+11.15%
Current Drawdown Current decline from peak	-4.55%	-5.68%	+1.13%
Average Drawdown Average peak-to-trough decline	-6.84%	-8.56%	+1.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.95%	2.86%	-0.91%

Volatility

LEQIX vs. LSPIX - Volatility Comparison

The current volatility for LoCorr Dynamic Equity Fund (LEQIX) is 2.11%, while LoCorr Spectrum Income Fund (LSPIX) has a volatility of 3.08%. This indicates that LEQIX experiences smaller price fluctuations and is considered to be less risky than LSPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LEQIX	LSPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.11%	3.08%	-0.97%
Volatility (6M) Calculated over the trailing 6-month period	6.17%	6.75%	-0.58%
Volatility (1Y) Calculated over the trailing 1-year period	9.87%	13.77%	-3.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.90%	11.95%	-2.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.20%	15.27%	-3.07%