LFMIX vs. CIBFX

Last updated Jun 23, 2026

LFMIX (LoCorr Macro Strategies Fund Class I) and CIBFX (American Funds Capital Income Builder Fund Class F-1) are both Global Allocation funds. Both are actively managed. Over the past 10 years, LFMIX returned 4.06%/yr vs 7.83%/yr for CIBFX. At a 0.11 correlation, their price movements are largely independent. LFMIX charges 1.88%/yr vs 0.64%/yr for CIBFX.

Performance

LFMIX vs. CIBFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LoCorr Macro Strategies Fund Class I (LFMIX) and American Funds Capital Income Builder Fund Class F-1 (CIBFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LFMIX achieves a 9.25% return, which is significantly higher than CIBFX's 7.39% return. Over the past 10 years, LFMIX has underperformed CIBFX with an annualized return of 4.06%, while CIBFX has yielded a comparatively higher 7.83% annualized return.

LFMIX

• 1D: 0.24%
• 1M: -0.93%
• YTD: 9.25%
• 6M: 9.25%
• 1Y: 13.88%
• 3Y*: 4.88%
• 5Y*: 4.42%
• 10Y*: 4.06%

CIBFX

• 1D: 0.00%
• 1M: 0.06%
• YTD: 7.39%
• 6M: 7.68%
• 1Y: 17.69%
• 3Y*: 14.25%
• 5Y*: 8.75%
• 10Y*: 7.83%

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

LFMIX vs. CIBFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LFMIX LoCorr Macro Strategies Fund Class I	9.25%	2.89%	6.77%	-6.55%	15.43%	0.07%	4.55%	12.71%	-5.11%	2.99%
CIBFX American Funds Capital Income Builder Fund Class F-1	7.39%	20.29%	10.16%	8.90%	-7.21%	14.95%	3.14%	17.16%	-7.10%	13.88%

Correlation

The correlation between LFMIX and CIBFX is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.05
Correlation (5Y) Calculated over the trailing 5-year period	-0.06
Correlation (10Y) Calculated over the trailing 10-year period	0.10
Correlation (All Time) Calculated using the full available price history since Apr 6, 2011	0.11

The correlation between LFMIX and CIBFX shifts across timeframes, from -0.06 (5 years) to 0.26 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

LFMIX vs. CIBFX — Risk / Return Rank

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

LFMIX

LFMIX Risk / Return Rank: 85
LFMIX Sharpe Ratio Rank: 81
LFMIX Sortino Ratio Rank: 83
LFMIX Omega Ratio Rank: 77
LFMIX Calmar Ratio Rank: 95
LFMIX Martin Ratio Rank: 88

CIBFX

CIBFX Risk / Return Rank: 60
CIBFX Sharpe Ratio Rank: 62
CIBFX Sortino Ratio Rank: 63
CIBFX Omega Ratio Rank: 62
CIBFX Calmar Ratio Rank: 55
CIBFX Martin Ratio Rank: 57

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.

LFMIX vs. CIBFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LoCorr Macro Strategies Fund Class I (LFMIX) and American Funds Capital Income Builder Fund Class F-1 (CIBFX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	LFMIX	CIBFX	Difference
Sharpe ratio: Return per unit of total volatility	2.46	2.13	+0.33
Sortino ratio: Return per unit of downside risk	3.61	3.03	+0.58
Omega ratio: Gain probability vs. loss probability	1.45	1.40	+0.06
Calmar ratio: Return relative to maximum drawdown	5.37	2.71	+2.66
Martin ratio: Return relative to average drawdown	15.66	10.72	+4.94

LFMIX vs. CIBFX - Sharpe Ratio Comparison

The current LFMIX Sharpe Ratio is 2.46, which is comparable to the CIBFX Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of LFMIX and CIBFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LFMIX vs. CIBFX - Drawdown Comparison

The maximum LFMIX drawdown since its inception was -22.68%, smaller than the maximum CIBFX drawdown of -43.26%. Use the drawdown chart below to compare losses from any high point for LFMIX and CIBFX.

Drawdown Indicators

	LFMIX	CIBFX	Difference
Max Drawdown Largest peak-to-trough decline	-22.68%	-43.26%	+20.58%
Max Drawdown (1Y) Largest decline over 1 year	-2.60%	-6.49%	+3.89%
Max Drawdown (3Y) Largest decline over 3 years	-8.88%	-8.89%	+0.01%
Max Drawdown (5Y) Largest decline over 5 years	-12.26%	-17.68%	+5.42%
Max Drawdown (10Y) Largest decline over 10 years	-12.26%	-25.28%	+13.02%
Current Drawdown Current decline from peak	-1.39%	-0.73%	-0.66%
Average Drawdown Average peak-to-trough decline	-6.75%	-4.71%	-2.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.89%	1.64%	-0.75%

Volatility

LFMIX vs. CIBFX - Volatility Comparison

The current volatility for LoCorr Macro Strategies Fund Class I (LFMIX) is 1.29%, while American Funds Capital Income Builder Fund Class F-1 (CIBFX) has a volatility of 2.55%. This indicates that LFMIX experiences smaller price fluctuations and is considered to be less risky than CIBFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LFMIX	CIBFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.29%	2.55%	-1.26%
Volatility (6M) Calculated over the trailing 6-month period	4.37%	6.63%	-2.26%
Volatility (1Y) Calculated over the trailing 1-year period	5.68%	8.24%	-2.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.20%	10.01%	-2.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.61%	10.89%	-3.28%

LFMIX vs. CIBFX - Expense Ratio Comparison

LFMIX has a 1.88% expense ratio, which is higher than CIBFX's 0.64% expense ratio.

Dividends

LFMIX vs. CIBFX - Dividend Comparison

LFMIX's dividend yield for the trailing twelve months is around 2.87%, less than CIBFX's 7.24% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CIBFX American Funds Capital Income Builder Fund Class F-1	7.24%	7.65%	5.69%	3.41%	3.37%	3.08%	3.34%	4.04%	3.72%	4.37%	3.46%	3.56%
LFMIX LoCorr Macro Strategies Fund Class I	2.87%	3.14%	3.21%	3.17%	14.35%	4.95%	4.73%	4.66%	3.12%	5.89%	1.95%	3.08%

Frequently Asked Questions

Can I hold both LFMIX and CIBFX in my portfolio?

LFMIX and CIBFX have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LFMIX or CIBFX?

CIBFX has higher volatility (2.55%) compared to LFMIX (1.29%). In terms of maximum drawdown, LFMIX dropped -22.68% vs CIBFX's -43.26%.

Which has better risk-adjusted returns?

LFMIX currently has the higher Sharpe Ratio (2.46 vs 2.13), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.