LFMIX vs. MHEIX
LFMIX (LoCorr Macro Strategies Fund Class I) and MHEIX (MH Elite Income Fund of Funds) are both Global Allocation funds. Over the past 10 years, LFMIX returned 3.91%/yr vs 3.18%/yr for MHEIX. At a 0.04 correlation, their price movements are largely independent. LFMIX charges 1.88%/yr vs 1.25%/yr for MHEIX.
Performance
LFMIX vs. MHEIX - 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 MHEIX's 2.09% return. Over the past 10 years, LFMIX has outperformed MHEIX with an annualized return of 3.91%, while MHEIX has yielded a comparatively lower 3.18% annualized return.
LFMIX
- 1D
- -0.23%
- 1M
- -0.93%
- YTD
- 9.25%
- 6M
- 9.11%
- 1Y
- 14.62%
- 3Y*
- 5.14%
- 5Y*
- 4.28%
- 10Y*
- 3.91%
MHEIX
- 1D
- 0.00%
- 1M
- 0.37%
- YTD
- 2.09%
- 6M
- 2.09%
- 1Y
- 7.36%
- 3Y*
- 6.01%
- 5Y*
- 2.13%
- 10Y*
- 3.18%
LFMIX vs. MHEIX - 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% |
MHEIX MH Elite Income Fund of Funds | 2.09% | 4.76% | 5.98% | 7.55% | -9.83% | 2.44% | 5.27% | 11.10% | -3.24% | 5.40% |
Correlation
The correlation between LFMIX and MHEIX is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.00 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2013 | 0.04 |
The correlation between LFMIX and MHEIX shifts across timeframes, from -0.19 (5 years) to 0.10 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
LFMIX vs. MHEIX — Risk / Return Rank
LFMIX
MHEIX
LFMIX vs. MHEIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for LoCorr Macro Strategies Fund Class I (LFMIX) and MH Elite Income Fund of Funds (MHEIX). 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 | MHEIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.23 | ||
| Sortino ratioReturn per unit of downside risk | +1.82 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.39 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 5.48 | 1.77 | +3.72 |
| Martin ratioReturn relative to average drawdown | 15.89 | 4.47 | +11.42 |
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Drawdowns
LFMIX vs. MHEIX - Drawdown Comparison
The maximum LFMIX drawdown since its inception was -22.68%, which is greater than MHEIX's maximum drawdown of -16.95%. Use the drawdown chart below to compare losses from any high point for LFMIX and MHEIX.
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Drawdown Indicators
| LFMIX | MHEIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.68% | -16.95% | -5.73% |
Max Drawdown (1Y)Largest decline over 1 year | -2.60% | -4.54% | +1.94% |
Max Drawdown (3Y)Largest decline over 3 years | -8.88% | -6.57% | -2.31% |
Max Drawdown (5Y)Largest decline over 5 years | -12.26% | -13.62% | +1.36% |
Max Drawdown (10Y)Largest decline over 10 years | -12.26% | -16.95% | +4.69% |
Current DrawdownCurrent decline from peak | -1.39% | -1.81% | +0.42% |
Average DrawdownAverage peak-to-trough decline | -6.75% | -2.47% | -4.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.89% | 1.79% | -0.90% |
Volatility
LFMIX vs. MHEIX - Volatility Comparison
LoCorr Macro Strategies Fund Class I (LFMIX) has a higher volatility of 1.29% compared to MH Elite Income Fund of Funds (MHEIX) at 1.18%. This indicates that LFMIX's price experiences larger fluctuations and is considered to be riskier than MHEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LFMIX | MHEIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.29% | 1.18% | +0.11% |
Volatility (6M)Calculated over the trailing 6-month period | 4.38% | 5.92% | -1.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.68% | 6.25% | -0.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.21% | 5.58% | +1.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.54% | 5.24% | +2.30% |
LFMIX vs. MHEIX - Expense Ratio Comparison
LFMIX has a 1.88% expense ratio, which is higher than MHEIX's 1.25% expense ratio.
Dividends
LFMIX vs. MHEIX - Dividend Comparison
LFMIX's dividend yield for the trailing twelve months is around 2.87%, less than MHEIX's 3.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
MHEIX MH Elite Income Fund of Funds | 3.71% | 0.00% | 3.33% | 2.38% | 3.17% | 1.49% | 2.30% | 2.21% | 2.10% | 1.69% | 2.48% | 2.87% |
Frequently Asked Questions
LFMIX and MHEIX have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LFMIX has higher volatility (1.29%) compared to MHEIX (1.18%). In terms of maximum drawdown, LFMIX dropped -22.68% vs MHEIX's -16.95%.
LFMIX currently has the higher Sharpe Ratio (2.51 vs 1.28), 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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