OIFIX vs. LCTRX
OIFIX (Optimum Fixed Income Fund) and LCTRX (Leader Capital High Quality Floating Rate Fund Investor Shares) are both Intermediate Core-Plus Bond funds. Over the past 10 years, OIFIX returned 2.03%/yr vs 4.88%/yr for LCTRX. At a 0.15 correlation, their price movements are largely independent. OIFIX charges 0.80%/yr vs 2.33%/yr for LCTRX.
Performance
OIFIX vs. LCTRX - Performance Comparison
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Returns By Period
In the year-to-date period, OIFIX achieves a 0.24% return, which is significantly lower than LCTRX's 1.78% return. Over the past 10 years, OIFIX has underperformed LCTRX with an annualized return of 2.03%, while LCTRX has yielded a comparatively higher 4.88% annualized return.
OIFIX
- 1D
- 0.00%
- 1M
- 0.73%
- YTD
- 0.24%
- 6M
- 0.24%
- 1Y
- 4.26%
- 3Y*
- 4.25%
- 5Y*
- -0.08%
- 10Y*
- 2.03%
LCTRX
- 1D
- -0.09%
- 1M
- 0.69%
- YTD
- 1.78%
- 6M
- 2.15%
- 1Y
- 4.93%
- 3Y*
- 5.83%
- 5Y*
- 4.79%
- 10Y*
- 4.88%
OIFIX vs. LCTRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OIFIX Optimum Fixed Income Fund | 0.24% | 7.64% | 1.49% | 5.90% | -13.96% | -1.78% | 11.14% | 8.63% | -0.70% | 4.50% |
LCTRX Leader Capital High Quality Floating Rate Fund Investor Shares | 1.78% | 4.72% | 6.03% | 8.26% | 2.22% | 1.99% | 12.07% | 1.15% | 6.01% | 4.28% |
Correlation
The correlation between OIFIX and LCTRX is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jul 30, 2010 | 0.15 |
Over the past year, OIFIX and LCTRX have become more correlated (0.43) than their long-term average of 0.15, meaning their price movements have been converging.
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Return for Risk
OIFIX vs. LCTRX — Risk / Return Rank
OIFIX
LCTRX
OIFIX vs. LCTRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Optimum Fixed Income Fund (OIFIX) and Leader Capital High Quality Floating Rate Fund Investor Shares (LCTRX). 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.
| OIFIX | LCTRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.36 | ||
| Sortino ratioReturn per unit of downside risk | -3.52 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.85 | -0.64 |
| Calmar ratioReturn relative to maximum drawdown | 1.53 | 4.22 | -2.69 |
| Martin ratioReturn relative to average drawdown | 4.48 | 17.56 | -13.08 |
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Drawdowns
OIFIX vs. LCTRX - Drawdown Comparison
The maximum OIFIX drawdown since its inception was -19.46%, smaller than the maximum LCTRX drawdown of -26.09%. Use the drawdown chart below to compare losses from any high point for OIFIX and LCTRX.
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Drawdown Indicators
| OIFIX | LCTRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.46% | -26.09% | +6.63% |
Max Drawdown (1Y)Largest decline over 1 year | -2.96% | -1.17% | -1.79% |
Max Drawdown (3Y)Largest decline over 3 years | -6.67% | -1.33% | -5.34% |
Max Drawdown (5Y)Largest decline over 5 years | -19.30% | -3.82% | -15.48% |
Max Drawdown (10Y)Largest decline over 10 years | -19.46% | -23.93% | +4.47% |
Current DrawdownCurrent decline from peak | -1.99% | -0.27% | -1.72% |
Average DrawdownAverage peak-to-trough decline | -2.93% | -4.11% | +1.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.01% | 0.28% | +0.73% |
Volatility
OIFIX vs. LCTRX - Volatility Comparison
Optimum Fixed Income Fund (OIFIX) has a higher volatility of 1.12% compared to Leader Capital High Quality Floating Rate Fund Investor Shares (LCTRX) at 0.67%. This indicates that OIFIX's price experiences larger fluctuations and is considered to be riskier than LCTRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OIFIX | LCTRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.12% | 0.67% | +0.45% |
Volatility (6M)Calculated over the trailing 6-month period | 2.87% | 1.48% | +1.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.89% | 1.96% | +1.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.91% | 2.26% | +3.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.88% | 6.30% | -1.42% |
OIFIX vs. LCTRX - Expense Ratio Comparison
OIFIX has a 0.80% expense ratio, which is lower than LCTRX's 2.33% expense ratio.
Dividends
OIFIX vs. LCTRX - Dividend Comparison
OIFIX's dividend yield for the trailing twelve months is around 3.85%, less than LCTRX's 5.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LCTRX Leader Capital High Quality Floating Rate Fund Investor Shares | 5.28% | 5.53% | 5.57% | 5.31% | 2.18% | 1.69% | 1.17% | 2.40% | 3.31% | 2.09% | 0.00% | 0.00% |
OIFIX Optimum Fixed Income Fund | 3.85% | 3.86% | 3.97% | 3.23% | 3.42% | 2.21% | 6.88% | 3.22% | 2.43% | 2.50% | 2.17% | 3.24% |
Frequently Asked Questions
OIFIX and LCTRX have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OIFIX has higher volatility (1.12%) compared to LCTRX (0.67%). In terms of maximum drawdown, OIFIX dropped -19.46% vs LCTRX's -26.09%.
LCTRX currently has the higher Sharpe Ratio (2.53 vs 1.17), 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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