LDI vs. LSPD

Last updated Jun 4, 2026

LDI (loanDepot, Inc.) and LSPD (Lightspeed Commerce Inc) are both stocks. LDI operates in Mortgage Finance (Financial Services), while LSPD operates in Software - Application (Technology). Over the past 5 years, LDI returned -38.18%/yr vs -33.55%/yr for LSPD. At a 0.34 correlation, their price movements are largely independent.

Performance

LDI vs. LSPD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in loanDepot, Inc. (LDI) and Lightspeed Commerce Inc (LSPD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LDI achieves a -43.00% return, which is significantly lower than LSPD's -22.93% return.

LDI

• 1D: -5.60%
• 1M: -21.85%
• YTD: -43.00%
• 6M: -56.46%
• 1Y: -1.67%
• 3Y*: -14.83%
• 5Y*: -38.18%
• 10Y*: —

LSPD

• 1D: -3.82%
• 1M: -2.51%
• YTD: -22.93%
• 6M: -17.83%
• 1Y: -15.75%
• 3Y*: -14.72%
• 5Y*: -33.55%
• 10Y*: —

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

LDI vs. LSPD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
LDI loanDepot, Inc.	-43.00%	1.47%	-42.05%	113.33%	-64.95%	-76.72%
LSPD Lightspeed Commerce Inc	-22.93%	-20.68%	-27.44%	46.78%	-64.63%	-44.92%

Correlation

The correlation between LDI and LSPD is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.33
Correlation (All Time) Calculated using the full available price history since Feb 12, 2021	0.34

Fundamentals

Market Cap LDI : $270.18M LSPD : $1.30B
EPS LDI : -$0.36 LSPD : -$1.04
PS Ratio LDI : 0.19 LSPD : 1.06
PB Ratio LDI : 0.80 LSPD : 0.87
Total Revenue (TTM) LDI : $1.34B LSPD : $1.23B
Gross Profit (TTM) LDI : $841.99M LSPD : $451.95M
EBITDA (TTM) LDI : -$34.48M LSPD : -$1.76M

Return for Risk

LDI vs. LSPD — Risk / Return Rank

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

LDI

LDI Risk / Return Rank: 42
LDI Sharpe Ratio Rank: 40
LDI Sortino Ratio Rank: 48
LDI Omega Ratio Rank: 45
LDI Calmar Ratio Rank: 40
LDI Martin Ratio Rank: 39

LSPD

LSPD Risk / Return Rank: 26
LSPD Sharpe Ratio Rank: 25
LSPD Sortino Ratio Rank: 24
LSPD Omega Ratio Rank: 25
LSPD Calmar Ratio Rank: 27
LSPD Martin Ratio Rank: 27

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.

LDI vs. LSPD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for loanDepot, Inc. (LDI) and Lightspeed Commerce Inc (LSPD). 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	LSPD	Difference
Sharpe ratio Return per unit of total volatility	-0.02	-0.37	+0.35
Sortino ratio Return per unit of downside risk	0.74	-0.27	+1.01
Omega ratio Gain probability vs. loss probability	1.08	0.97	+0.11
Calmar ratio Return relative to maximum drawdown	-0.02	-0.40	+0.38
Martin ratio Return relative to average drawdown	-0.04	-0.71	+0.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LDI vs. LSPD - Sharpe Ratio Comparison

The current LDI Sharpe Ratio is -0.02, which is higher than the LSPD Sharpe Ratio of -0.37. The chart below compares the historical Sharpe Ratios of LDI and LSPD, 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

	LDI	LSPD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.02	-0.37	+0.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.50	-0.55	+0.05
Sharpe Ratio (All Time) Calculated using the full available price history	-0.52	-0.24	-0.28

Drawdowns

LDI vs. LSPD - Drawdown Comparison

The maximum LDI drawdown since its inception was -96.47%, roughly equal to the maximum LSPD drawdown of -93.68%. Use the drawdown chart below to compare losses from any high point for LDI and LSPD.

Drawdown Indicators

	LDI	LSPD	Difference
Max Drawdown Largest peak-to-trough decline	-96.47%	-93.68%	-2.79%
Max Drawdown (1Y) Largest decline over 1 year	-75.00%	-39.48%	-35.52%
Max Drawdown (3Y) Largest decline over 3 years	-75.00%	-62.75%	-12.25%
Max Drawdown (5Y) Largest decline over 5 years	-92.85%	-93.68%	+0.83%
Current Drawdown Current decline from peak	-95.92%	-92.52%	-3.40%
Average Drawdown Average peak-to-trough decline	-87.18%	-64.31%	-22.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	45.13%	22.14%	+22.99%

Volatility

LDI vs. LSPD - Volatility Comparison

loanDepot, Inc. (LDI) has a higher volatility of 19.36% compared to Lightspeed Commerce Inc (LSPD) at 14.81%. This indicates that LDI's price experiences larger fluctuations and is considered to be riskier than LSPD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LDI	LSPD	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.36%	14.81%	+4.55%
Volatility (6M) Calculated over the trailing 6-month period	51.16%	28.97%	+22.19%
Volatility (1Y) Calculated over the trailing 1-year period	93.40%	42.73%	+50.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	77.17%	61.75%	+15.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	79.97%	72.42%	+7.55%

Dividends

LDI vs. LSPD - Dividend Comparison

Neither LDI nor LSPD has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
LDI loanDepot, Inc.	0.00%	0.00%	0.00%	0.00%	4.85%	17.75%
LSPD Lightspeed Commerce Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

LDI vs. LSPD - Profitability Comparison

The chart below illustrates the profitability comparison between loanDepot, Inc. and Lightspeed Commerce Inc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

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%.

LSPD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lightspeed Commerce Inc reported a gross profit of 90.13M and revenue of 286.77M. Therefore, the gross margin over that period was 31.4%.

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%.

LSPD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lightspeed Commerce Inc reported an operating income of -33.49M and revenue of 286.77M, resulting in an operating margin of -11.7%.

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%.

LSPD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lightspeed Commerce Inc reported a net income of -28.17M and revenue of 286.77M, resulting in a net margin of -9.8%.

Frequently Asked Questions

Can I hold both LDI and LSPD in my portfolio?

LDI and LSPD have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LDI or LSPD?

LDI has higher volatility (19.36%) compared to LSPD (14.81%). In terms of maximum drawdown, LDI dropped -96.47% vs LSPD's -93.68%.

Which has better risk-adjusted returns?

LDI currently has the higher Sharpe Ratio (-0.02 vs -0.37), 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.