LFMAX vs. SPY
Compare and contrast key facts about LoCorr Macro Strategies Fund (LFMAX) and SPDR S&P 500 ETF (SPY).
LFMAX is managed by LoCorr Funds. It was launched on Mar 21, 2011. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LFMAX or SPY.
Correlation
The correlation between LFMAX and SPY is 0.10, 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.
Performance
LFMAX vs. SPY - Performance Comparison
Loading data...
Key characteristics
LFMAX:
-0.73
SPY:
0.50
LFMAX:
-0.84
SPY:
0.88
LFMAX:
0.90
SPY:
1.13
LFMAX:
-0.23
SPY:
0.56
LFMAX:
-0.92
SPY:
2.17
LFMAX:
4.71%
SPY:
4.85%
LFMAX:
6.49%
SPY:
20.02%
LFMAX:
-21.76%
SPY:
-55.19%
LFMAX:
-17.95%
SPY:
-7.65%
Returns By Period
In the year-to-date period, LFMAX achieves a -1.70% return, which is significantly higher than SPY's -3.42% return. Over the past 10 years, LFMAX has underperformed SPY with an annualized return of 1.16%, while SPY has yielded a comparatively higher 12.35% annualized return.
LFMAX
-1.70%
1.35%
-0.66%
-5.29%
0.82%
1.16%
SPY
-3.42%
7.58%
-5.06%
9.73%
15.77%
12.35%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
LFMAX vs. SPY - Expense Ratio Comparison
LFMAX has a 2.13% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
LFMAX vs. SPY — Risk-Adjusted Performance Rank
LFMAX
SPY
LFMAX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for LoCorr Macro Strategies Fund (LFMAX) and SPDR S&P 500 ETF (SPY). 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.
Loading data...
Dividends
LFMAX vs. SPY - Dividend Comparison
LFMAX's dividend yield for the trailing twelve months is around 2.96%, more than SPY's 1.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LFMAX LoCorr Macro Strategies Fund | 2.96% | 2.91% | 2.96% | 2.88% | 4.78% | 4.56% | 1.81% | 1.22% | 0.00% | 0.00% | 2.87% | 12.24% |
SPY SPDR S&P 500 ETF | 1.27% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
LFMAX vs. SPY - Drawdown Comparison
The maximum LFMAX drawdown since its inception was -21.76%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for LFMAX and SPY. For additional features, visit the drawdowns tool.
Loading data...
Volatility
LFMAX vs. SPY - Volatility Comparison
The current volatility for LoCorr Macro Strategies Fund (LFMAX) is 1.05%, while SPDR S&P 500 ETF (SPY) has a volatility of 7.48%. This indicates that LFMAX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...