LOTIX vs. SPY
Compare and contrast key facts about LoCorr Market Trend Fund (LOTIX) and SPDR S&P 500 ETF (SPY).
LOTIX is managed by LoCorr Funds. It was launched on Jun 29, 2014. 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: LOTIX or SPY.
Key characteristics
| LOTIX | SPY | |
|---|---|---|
| YTD Return | 20.07% | 11.87% |
| 1Y Return | 9.29% | 28.45% |
| 3Y Return (Ann) | 9.64% | 10.16% |
| 5Y Return (Ann) | 10.35% | 15.04% |
| Sharpe Ratio | 0.93 | 2.47 |
| Daily Std Dev | 11.02% | 11.47% |
| Max Drawdown | -28.32% | -55.19% |
| Current Drawdown | -2.47% | 0.00% |
Correlation
The correlation between LOTIX and SPY is 0.15, 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
LOTIX vs. SPY - Performance Comparison
In the year-to-date period, LOTIX achieves a 20.07% return, which is significantly higher than SPY's 11.87% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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LOTIX vs. SPY - Expense Ratio Comparison
LOTIX has a 1.75% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
LOTIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for LoCorr Market Trend Fund (LOTIX) 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.
Dividends
LOTIX vs. SPY - Dividend Comparison
LOTIX's dividend yield for the trailing twelve months is around 2.27%, more than SPY's 1.27% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LOTIX LoCorr Market Trend Fund | 2.27% | 2.73% | 17.57% | 3.62% | 0.24% | 1.33% | 0.00% | 0.00% | 1.89% | 0.93% | 3.82% | 0.00% |
SPY SPDR S&P 500 ETF | 1.27% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
LOTIX vs. SPY - Drawdown Comparison
The maximum LOTIX drawdown since its inception was -28.32%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for LOTIX and SPY. For additional features, visit the drawdowns tool.
Volatility
LOTIX vs. SPY - Volatility Comparison
LoCorr Market Trend Fund (LOTIX) has a higher volatility of 3.40% compared to SPDR S&P 500 ETF (SPY) at 3.15%. This indicates that LOTIX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.