LDI vs. AVDX
LDI (loanDepot, Inc.) and AVDX (AvidXchange Holdings, Inc.) are both stocks. LDI operates in Mortgage Finance (Financial Services), while AVDX operates in Software - Infrastructure (Technology). At a 0.25 correlation, their price movements are largely independent.
Performance
LDI vs. AVDX - Performance Comparison
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Returns By Period
LDI
- 1D
- -4.24%
- 1M
- -19.29%
- YTD
- -45.41%
- 6M
- -60.07%
- 1Y
- -13.08%
- 3Y*
- -19.05%
- 5Y*
- -39.78%
- 10Y*
- —
AVDX
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LDI vs. AVDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
LDI loanDepot, Inc. | -45.41% | 1.47% | -42.05% | 113.33% | -64.95% | -24.31% |
AVDX AvidXchange Holdings, Inc. | 0.00% | -3.29% | -16.55% | 24.65% | -34.00% | -39.62% |
Correlation
The correlation between LDI and AVDX is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Oct 14, 2021 | 0.25 |
The correlation between LDI and AVDX shifts across timeframes, from 0.14 (1 year) to 0.25 (all time), reflecting how their relationship changes across market environments.
Fundamentals
LDI:
$258.73M
AVDX:
$2.07B
LDI:
-$0.36
AVDX:
-$0.04
LDI:
0.18
AVDX:
4.63
LDI:
0.77
AVDX:
3.01
LDI:
$1.34B
AVDX:
$446.72M
LDI:
$841.99M
AVDX:
$323.96M
LDI:
-$34.48M
AVDX:
$36.84M
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Return for Risk
LDI vs. AVDX — Risk / Return Rank
LDI
AVDX
LDI vs. AVDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for loanDepot, Inc. (LDI) and AvidXchange Holdings, Inc. (AVDX). 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.
| LDI | AVDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.05 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.17 | — | — |
| Martin ratioReturn relative to average drawdown | -0.29 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LDI | AVDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.14 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.52 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.53 | — | — |
Drawdowns
LDI vs. AVDX - Drawdown Comparison
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Drawdown Indicators
| LDI | AVDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.47% | — | — |
Max Drawdown (1Y)Largest decline over 1 year | -75.22% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -75.22% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -92.39% | — | — |
Current DrawdownCurrent decline from peak | -96.09% | — | — |
Average DrawdownAverage peak-to-trough decline | -87.20% | — | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 45.85% | — | — |
Volatility
LDI vs. AVDX - Volatility Comparison
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Volatility by Period
| LDI | AVDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.66% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 51.71% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 93.69% | — | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 77.22% | — | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 79.98% | — | — |
Dividends
LDI vs. AVDX - Dividend Comparison
Neither LDI nor AVDX has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
AVDX AvidXchange Holdings, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LDI loanDepot, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 4.85% | 17.75% |
Financials
LDI vs. AVDX - Financials Comparison
This section allows you to compare key financial metrics between loanDepot, Inc. and AvidXchange Holdings, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
LDI vs. AVDX - Profitability Comparison
LDI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, loanDepot, Inc. reported a gross profit of 0.00 and revenue of 286.39M. Therefore, the gross margin over that period was 0.0%.
AVDX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AvidXchange Holdings, Inc. reported a gross profit of 79.62M and revenue of 110.57M. Therefore, the gross margin over that period was 72.0%.
LDI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, loanDepot, Inc. reported an operating income of 0.00 and revenue of 286.39M, resulting in an operating margin of 0.0%.
AVDX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AvidXchange Holdings, Inc. reported an operating income of -12.41M and revenue of 110.57M, resulting in an operating margin of -11.2%.
LDI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, loanDepot, Inc. reported a net income of -37.49M and revenue of 286.39M, resulting in a net margin of -13.1%.
AVDX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AvidXchange Holdings, Inc. reported a net income of -9.46M and revenue of 110.57M, resulting in a net margin of -8.6%.
Frequently Asked Questions
LDI and AVDX have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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