LFMIX vs. IGA
LFMIX (LoCorr Macro Strategies Fund Class I) and IGA (Voya Global Advantage and Premium Opportunity Fund) are both Global Allocation funds. Over the past 10 years, LFMIX returned 4.06%/yr vs 10.15%/yr for IGA. At a 0.06 correlation, their price movements are largely independent. LFMIX charges 1.88%/yr vs 0.01%/yr for IGA.
Performance
LFMIX vs. IGA - Performance Comparison
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Returns By Period
In the year-to-date period, LFMIX achieves a 9.25% return, which is significantly higher than IGA's 4.32% return. Over the past 10 years, LFMIX has underperformed IGA with an annualized return of 4.06%, while IGA has yielded a comparatively higher 10.15% 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%
IGA
- 1D
- 0.05%
- 1M
- -0.33%
- YTD
- 4.32%
- 6M
- 4.26%
- 1Y
- 9.15%
- 3Y*
- 17.92%
- 5Y*
- 10.36%
- 10Y*
- 10.15%
LFMIX vs. IGA - 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% |
IGA Voya Global Advantage and Premium Opportunity Fund | 4.32% | 18.32% | 21.06% | 7.55% | -8.33% | 28.35% | -8.03% | 23.40% | -12.35% | 26.19% |
Correlation
The correlation between LFMIX and IGA is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.04 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Apr 6, 2011 | 0.06 |
The correlation between LFMIX and IGA shifts across timeframes, from -0.04 (5 years) to 0.08 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
LFMIX vs. IGA — Risk / Return Rank
LFMIX
IGA
LFMIX vs. IGA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for LoCorr Macro Strategies Fund Class I (LFMIX) and Voya Global Advantage and Premium Opportunity Fund (IGA). 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 | IGA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.50 | ||
| Sortino ratioReturn per unit of downside risk | +2.18 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.17 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 5.37 | 1.32 | +4.05 |
| Martin ratioReturn relative to average drawdown | 15.66 | 4.54 | +11.12 |
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Drawdowns
LFMIX vs. IGA - Drawdown Comparison
The maximum LFMIX drawdown since its inception was -22.68%, smaller than the maximum IGA drawdown of -57.16%. Use the drawdown chart below to compare losses from any high point for LFMIX and IGA.
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Drawdown Indicators
| LFMIX | IGA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.68% | -57.16% | +34.48% |
Max Drawdown (1Y)Largest decline over 1 year | -2.60% | -6.95% | +4.35% |
Max Drawdown (3Y)Largest decline over 3 years | -8.88% | -11.22% | +2.34% |
Max Drawdown (5Y)Largest decline over 5 years | -12.26% | -16.98% | +4.72% |
Max Drawdown (10Y)Largest decline over 10 years | -12.26% | -41.68% | +29.42% |
Current DrawdownCurrent decline from peak | -1.39% | -1.28% | -0.11% |
Average DrawdownAverage peak-to-trough decline | -6.75% | -8.04% | +1.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.89% | 2.02% | -1.13% |
Volatility
LFMIX vs. IGA - Volatility Comparison
The current volatility for LoCorr Macro Strategies Fund Class I (LFMIX) is 1.29%, while Voya Global Advantage and Premium Opportunity Fund (IGA) has a volatility of 2.73%. This indicates that LFMIX experiences smaller price fluctuations and is considered to be less risky than IGA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LFMIX | IGA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.29% | 2.73% | -1.44% |
Volatility (6M)Calculated over the trailing 6-month period | 4.37% | 7.66% | -3.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.68% | 9.63% | -3.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.20% | 13.94% | -6.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.61% | 16.29% | -8.68% |
LFMIX vs. IGA - Expense Ratio Comparison
LFMIX has a 1.88% expense ratio, which is higher than IGA's 0.01% expense ratio.
Dividends
LFMIX vs. IGA - Dividend Comparison
LFMIX's dividend yield for the trailing twelve months is around 2.87%, less than IGA's 11.38% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGA Voya Global Advantage and Premium Opportunity Fund | 11.38% | 11.37% | 11.38% | 9.25% | 9.06% | 7.60% | 9.01% | 8.05% | 9.78% | 7.87% | 10.83% | 10.72% |
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
LFMIX and IGA have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IGA has higher volatility (2.73%) compared to LFMIX (1.29%). In terms of maximum drawdown, LFMIX dropped -22.68% vs IGA's -57.16%.
LFMIX currently has the higher Sharpe Ratio (2.46 vs 0.96), 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.
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