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.
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.
Performance
LFMAX vs. SPY - Performance Comparison
Loading data...
Key characteristics
LFMAX:
-0.86
SPY:
0.70
LFMAX:
-1.14
SPY:
1.02
LFMAX:
0.86
SPY:
1.15
LFMAX:
-0.60
SPY:
0.68
LFMAX:
-1.29
SPY:
2.57
LFMAX:
4.48%
SPY:
4.93%
LFMAX:
6.40%
SPY:
20.42%
LFMAX:
-19.98%
SPY:
-55.19%
LFMAX:
-8.52%
SPY:
-3.55%
Returns By Period
In the year-to-date period, LFMAX achieves a -1.96% return, which is significantly lower than SPY's 0.87% return. Over the past 10 years, LFMAX has underperformed SPY with an annualized return of 3.52%, while SPY has yielded a comparatively higher 12.73% annualized return.
LFMAX
-1.96%
-0.66%
-1.05%
-5.42%
-0.43%
3.16%
3.52%
SPY
0.87%
6.28%
-1.56%
14.21%
14.25%
15.81%
12.73%
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 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LFMAX LoCorr Macro Strategies Fund | 2.96% | 2.91% | 2.96% | 14.38% | 4.78% | 5.65% | 4.47% | 2.83% | 5.98% | 1.97% | 2.87% | 12.34% |
SPY SPDR S&P 500 ETF | 1.22% | 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 -19.98%, 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.
Loading data...
Volatility
LFMAX vs. SPY - Volatility Comparison
The current volatility for LoCorr Macro Strategies Fund (LFMAX) is 0.88%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.86%. 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...