QCFIX vs. LCSIX

Last updated Apr 1, 2026

Compare and contrast key facts about AQR CVX Fusion Fund Class I (QCFIX) and LoCorr Long/Short Commodity Strategies Fund (LCSIX).

QCFIX is an actively managed fund by AQR. It was launched on Jun 18, 2025. LCSIX is managed by LoCorr Funds. It was launched on Dec 29, 2011.

Performance

QCFIX vs. LCSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AQR CVX Fusion Fund Class I (QCFIX) and LoCorr Long/Short Commodity Strategies Fund (LCSIX). The values are adjusted to include any dividend payments, if applicable.

QCFIX vs. LCSIX - Yearly Performance Comparison

	2026 (YTD)	2025
QCFIX AQR CVX Fusion Fund Class I	-1.62%	2.00%
LCSIX LoCorr Long/Short Commodity Strategies Fund	2.78%	-0.35%

Returns By Period

In the year-to-date period, QCFIX achieves a -1.62% return, which is significantly lower than LCSIX's 2.78% return.

QCFIX

• 1D: -0.64%
• 1M: -6.43%
• YTD: -1.62%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

LCSIX

• 1D: 0.57%
• 1M: 0.91%
• YTD: 2.78%
• 6M: 1.28%
• 1Y: 0.27%
• 3Y*: -2.12%
• 5Y*: 2.03%
• 10Y*: 2.75%

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

QCFIX vs. LCSIX - Expense Ratio Comparison

QCFIX has a 2.17% expense ratio, which is higher than LCSIX's 1.75% expense ratio.

QCFIX

AQR CVX Fusion Fund Class I

LCSIX

LoCorr Long/Short Commodity Strategies Fund

Return for Risk

QCFIX vs. LCSIX — Risk / Return Rank

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

LCSIX

LCSIX Risk / Return Rank: 9
LCSIX Sharpe Ratio Rank: 9
LCSIX Sortino Ratio Rank: 7
LCSIX Omega Ratio Rank: 7
LCSIX Calmar Ratio Rank: 11
LCSIX Martin Ratio Rank: 9

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.

QCFIX vs. LCSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AQR CVX Fusion Fund Class I (QCFIX) and LoCorr Long/Short Commodity Strategies Fund (LCSIX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	QCFIX	LCSIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.15	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.37	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.41	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	0.46	-0.40

Correlation

The correlation between QCFIX and LCSIX is 0.22, 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.

Dividends

QCFIX vs. LCSIX - Dividend Comparison

QCFIX's dividend yield for the trailing twelve months is around 7.95%, more than LCSIX's 2.26% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QCFIX AQR CVX Fusion Fund Class I	7.95%	7.82%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
LCSIX LoCorr Long/Short Commodity Strategies Fund	2.26%	2.32%	2.75%	1.88%	10.75%	7.14%	2.94%	0.54%	12.36%	0.02%	3.21%	7.36%

Drawdowns

QCFIX vs. LCSIX - Drawdown Comparison

The maximum QCFIX drawdown since its inception was -7.93%, smaller than the maximum LCSIX drawdown of -25.13%. Use the drawdown chart below to compare losses from any high point for QCFIX and LCSIX.

Drawdown Indicators

	QCFIX	LCSIX	Difference
Max Drawdown Largest peak-to-trough decline	-7.93%	-25.13%	+17.20%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.31%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-13.21%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-13.71%	—
Current Drawdown Current decline from peak	-7.93%	-8.74%	+0.81%
Average Drawdown Average peak-to-trough decline	-1.91%	-6.33%	+4.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.15%	—

Volatility

Volatility by Period

	QCFIX	LCSIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.44%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.31%	—
Volatility (1Y) Calculated over the trailing 1-year period	16.01%	6.96%	+9.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.01%	5.58%	+10.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.01%	6.71%	+9.30%