LFMAX vs. LSPIX
Compare and contrast key facts about LoCorr Macro Strategies Fund (LFMAX) and LoCorr Spectrum Income Fund (LSPIX).
LFMAX is managed by LoCorr Funds. It was launched on Mar 21, 2011. LSPIX is managed by LoCorr Funds. It was launched on Dec 30, 2013.
Performance
LFMAX vs. LSPIX - Performance Comparison
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LFMAX vs. LSPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LFMAX LoCorr Macro Strategies Fund | 8.54% | 2.56% | 6.36% | -6.69% | 15.03% | -0.17% | 5.41% | 12.51% | -5.38% | 2.69% |
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, LFMAX achieves a 8.54% return, which is significantly higher than LSPIX's 3.09% return. Over the past 10 years, LFMAX has underperformed LSPIX with an annualized return of 3.83%, while LSPIX has yielded a comparatively higher 5.12% annualized return.
LFMAX
- 1D
- 0.12%
- 1M
- 2.48%
- YTD
- 8.54%
- 6M
- 9.88%
- 1Y
- 11.46%
- 3Y*
- 4.86%
- 5Y*
- 4.34%
- 10Y*
- 3.83%
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%
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LFMAX vs. LSPIX - Expense Ratio Comparison
LFMAX has a 2.13% expense ratio, which is higher than LSPIX's 1.73% expense ratio.
Return for Risk
LFMAX vs. LSPIX — Risk / Return Rank
LFMAX
LSPIX
LFMAX vs. LSPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for LoCorr Macro Strategies Fund (LFMAX) 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.
| LFMAX | LSPIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.98 | 0.59 | +1.39 |
Sortino ratioReturn per unit of downside risk | 2.88 | 0.85 | +2.03 |
Omega ratioGain probability vs. loss probability | 1.37 | 1.14 | +0.23 |
Calmar ratioReturn relative to maximum drawdown | 3.75 | 0.58 | +3.17 |
Martin ratioReturn relative to average drawdown | 9.96 | 2.60 | +7.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LFMAX | LSPIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.98 | 0.59 | +1.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.37 | +0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | 0.34 | +0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.21 | +0.12 |
Correlation
The correlation between LFMAX and LSPIX is 0.08, 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
LFMAX vs. LSPIX - Dividend Comparison
LFMAX's dividend yield for the trailing twelve months is around 2.71%, less than LSPIX's 8.03% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LFMAX LoCorr Macro Strategies Fund | 2.71% | 2.94% | 2.88% | 2.96% | 14.38% | 4.79% | 5.65% | 4.48% | 2.83% | 5.98% | 1.97% | 2.87% |
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
LFMAX vs. LSPIX - Drawdown Comparison
The maximum LFMAX drawdown since its inception was -23.16%, smaller than the maximum LSPIX drawdown of -43.64%. Use the drawdown chart below to compare losses from any high point for LFMAX and LSPIX.
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Drawdown Indicators
| LFMAX | LSPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.16% | -43.64% | +20.48% |
Max Drawdown (1Y)Largest decline over 1 year | -3.01% | -12.77% | +9.76% |
Max Drawdown (5Y)Largest decline over 5 years | -12.54% | -18.93% | +6.39% |
Max Drawdown (10Y)Largest decline over 10 years | -12.54% | -43.64% | +31.10% |
Current DrawdownCurrent decline from peak | 0.00% | -5.68% | +5.68% |
Average DrawdownAverage peak-to-trough decline | -7.13% | -8.56% | +1.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.14% | 2.86% | -1.72% |
Volatility
LFMAX vs. LSPIX - Volatility Comparison
The current volatility for LoCorr Macro Strategies Fund (LFMAX) is 1.76%, while LoCorr Spectrum Income Fund (LSPIX) has a volatility of 3.08%. This indicates that LFMAX 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.
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Volatility by Period
| LFMAX | LSPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.76% | 3.08% | -1.32% |
Volatility (6M)Calculated over the trailing 6-month period | 4.56% | 6.75% | -2.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.83% | 13.77% | -7.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.27% | 11.95% | -4.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.63% | 15.27% | -7.64% |