FUTU vs. QFIN

Last updated Jun 3, 2026

FUTU (Futu Holdings Limited) and QFIN (360 DigiTech, Inc.) are both stocks. Both are in the Financial Services sector — FUTU in Capital Markets, QFIN in Credit Services. Over the past 5 years, FUTU returned -6.13%/yr vs -6.03%/yr for QFIN. A 0.52 correlation means they provide meaningful diversification when combined.

Performance

FUTU vs. QFIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Futu Holdings Limited (FUTU) and 360 DigiTech, Inc. (QFIN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FUTU achieves a -36.91% return, which is significantly lower than QFIN's -8.93% return.

FUTU

• 1D: -0.86%
• 1M: -34.15%
• YTD: -36.91%
• 6M: -38.92%
• 1Y: -0.12%
• 3Y*: 39.60%
• 5Y*: -6.13%
• 10Y*: —

QFIN

• 1D: -2.07%
• 1M: 23.67%
• YTD: -8.93%
• 6M: -10.42%
• 1Y: -55.97%
• 3Y*: 12.38%
• 5Y*: -6.03%
• 10Y*: —

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

FUTU vs. QFIN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FUTU Futu Holdings Limited	-36.91%	105.29%	49.87%	34.39%	-6.12%	-5.36%	343.31%	-32.64%
QFIN 360 DigiTech, Inc.	-8.93%	-47.46%	162.76%	-16.28%	-6.54%	97.15%	20.68%	-32.67%

Correlation

The correlation between FUTU and QFIN is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (5Y) Calculated over the trailing 5-year period	0.61
Correlation (All Time) Calculated using the full available price history since Mar 11, 2019	0.52

The correlation between FUTU and QFIN shifts across timeframes, from 0.38 (1 year) to 0.61 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap FUTU : $14.45B QFIN : $1.02B
EPS FUTU : $71.05 QFIN : $51.00
PE Ratio FUTU : 1.44 QFIN : 0.32
PEG Ratio FUTU : 0.03 QFIN : 0.01
PS Ratio FUTU : 0.60 QFIN : 0.09
PB Ratio FUTU : 0.35 QFIN : 0.04
Total Revenue (TTM) FUTU : $24.01B QFIN : $17.46B
Gross Profit (TTM) FUTU : $21.07B QFIN : $12.90B
EBITDA (TTM) FUTU : $14.81B QFIN : $6.93B

Return for Risk

FUTU vs. QFIN — Risk / Return Rank

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

FUTU

FUTU Risk / Return Rank: 40
FUTU Sharpe Ratio Rank: 40
FUTU Sortino Ratio Rank: 40
FUTU Omega Ratio Rank: 41
FUTU Calmar Ratio Rank: 40
FUTU Martin Ratio Rank: 40

QFIN

QFIN Risk / Return Rank: 8
QFIN Sharpe Ratio Rank: 4
QFIN Sortino Ratio Rank: 3
QFIN Omega Ratio Rank: 4
QFIN Calmar Ratio Rank: 11
QFIN Martin Ratio Rank: 17

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.

FUTU vs. QFIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Futu Holdings Limited (FUTU) and 360 DigiTech, Inc. (QFIN). 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.

	FUTU	QFIN	Difference
Sharpe ratio Return per unit of total volatility	-0.00	-1.03	+1.03
Sortino ratio Return per unit of downside risk	0.46	-1.82	+2.27
Omega ratio Gain probability vs. loss probability	1.06	0.79	+0.28
Calmar ratio Return relative to maximum drawdown	0.03	-0.78	+0.81
Martin ratio Return relative to average drawdown	0.09	-1.09	+1.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FUTU vs. QFIN - Sharpe Ratio Comparison

The current FUTU Sharpe Ratio is -0.00, which is higher than the QFIN Sharpe Ratio of -1.03. The chart below compares the historical Sharpe Ratios of FUTU and QFIN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FUTU	QFIN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.00	-1.03	+1.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.08	-0.09	+0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.06	+0.35

Drawdowns

FUTU vs. QFIN - Drawdown Comparison

The maximum FUTU drawdown since its inception was -87.23%, which is greater than QFIN's maximum drawdown of -76.74%. Use the drawdown chart below to compare losses from any high point for FUTU and QFIN.

Drawdown Indicators

	FUTU	QFIN	Difference
Max Drawdown Largest peak-to-trough decline	-87.23%	-76.74%	-10.49%
Max Drawdown (1Y) Largest decline over 1 year	-54.18%	-72.31%	+18.13%
Max Drawdown (3Y) Largest decline over 3 years	-54.18%	-73.15%	+18.97%
Max Drawdown (5Y) Largest decline over 5 years	-86.42%	-76.74%	-9.68%
Current Drawdown Current decline from peak	-47.95%	-61.84%	+13.89%
Average Drawdown Average peak-to-trough decline	-47.54%	-45.44%	-2.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.42%	51.74%	-33.32%

Volatility

FUTU vs. QFIN - Volatility Comparison

Futu Holdings Limited (FUTU) has a higher volatility of 41.96% compared to 360 DigiTech, Inc. (QFIN) at 28.07%. This indicates that FUTU's price experiences larger fluctuations and is considered to be riskier than QFIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FUTU	QFIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	41.96%	28.07%	+13.89%
Volatility (6M) Calculated over the trailing 6-month period	50.46%	37.55%	+12.91%
Volatility (1Y) Calculated over the trailing 1-year period	63.55%	54.29%	+9.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	72.81%	66.90%	+5.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	75.27%	72.10%	+3.17%

Dividends

FUTU vs. QFIN - Dividend Comparison

FUTU's dividend yield for the trailing twelve months is around 2.55%, less than QFIN's 9.30% yield.

Position	TTM	2025	2024	2023	2022	2021
FUTU Futu Holdings Limited	2.55%	0.00%	2.50%	0.00%	0.00%	0.00%
QFIN 360 DigiTech, Inc.	9.30%	7.58%	4.56%	7.27%	4.03%	1.22%

Financials

FUTU vs. QFIN - Profitability Comparison

The chart below illustrates the profitability comparison between Futu Holdings Limited and 360 DigiTech, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

FUTU - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Futu Holdings Limited reported a gross profit of 5.11B and revenue of 5.86B. Therefore, the gross margin over that period was 87.2%.

QFIN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, 360 DigiTech, Inc. reported a gross profit of 2.95B and revenue of 3.89B. Therefore, the gross margin over that period was 75.8%.

FUTU - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Futu Holdings Limited reported an operating income of 3.53B and revenue of 5.86B, resulting in an operating margin of 60.3%.

QFIN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, 360 DigiTech, Inc. reported an operating income of 928.25M and revenue of 3.89B, resulting in an operating margin of 23.9%.

FUTU - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Futu Holdings Limited reported a net income of 850.55M and revenue of 5.86B, resulting in a net margin of 14.5%.

QFIN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, 360 DigiTech, Inc. reported a net income of 877.98M and revenue of 3.89B, resulting in a net margin of 22.6%.

Frequently Asked Questions

Can I hold both FUTU and QFIN in my portfolio?

FUTU and QFIN have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FUTU or QFIN?

FUTU has higher volatility (41.96%) compared to QFIN (28.07%). In terms of maximum drawdown, FUTU dropped -87.23% vs QFIN's -76.74%.

Which has better risk-adjusted returns?

FUTU currently has the higher Sharpe Ratio (-0.00 vs -1.03), 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.