LX vs. FBTC
LX (LexinFintech Holdings Ltd.) is a stock, while FBTC (Fidelity Wise Origin Bitcoin Fund) is Cryptocurrency fund tracking the Fidelity Bitcoin Reference Rate. Over the past year, LX returned -68.23% vs -39.41% for FBTC. At a 0.23 correlation, their price movements are largely independent.
Performance
LX vs. FBTC - Performance Comparison
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Returns By Period
In the year-to-date period, LX achieves a -31.09% return, which is significantly lower than FBTC's -27.63% return.
LX
- 1D
- 0.00%
- 1M
- -0.96%
- YTD
- -31.09%
- 6M
- -31.51%
- 1Y
- -68.23%
- 3Y*
- 4.91%
- 5Y*
- -25.63%
- 10Y*
- —
FBTC
- 1D
- 5.17%
- 1M
- -20.97%
- YTD
- -27.63%
- 6M
- -30.29%
- 1Y
- -39.41%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LX vs. FBTC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
LX LexinFintech Holdings Ltd. | -31.09% | -40.97% | 193.21% |
FBTC Fidelity Wise Origin Bitcoin Fund | -27.63% | -6.56% | 99.56% |
Correlation
The correlation between LX and FBTC is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2024 | 0.23 |
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Return for Risk
LX vs. FBTC — Risk / Return Rank
LX
FBTC
LX vs. FBTC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for LexinFintech Holdings Ltd. (LX) and Fidelity Wise Origin Bitcoin Fund (FBTC). 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.
| LX | FBTC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.17 | ||
| Sortino ratioReturn per unit of downside risk | -0.79 | ||
| Omega ratioGain probability vs. loss probability | 0.76 | 0.86 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | -0.76 | -0.19 |
| Martin ratioReturn relative to average drawdown | -1.38 | -1.36 | -0.01 |
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
| LX | FBTC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.07 | -0.90 | -0.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.35 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.04 | 0.27 | -0.23 |
Drawdowns
LX vs. FBTC - Drawdown Comparison
The maximum LX drawdown since its inception was -93.19%, which is greater than FBTC's maximum drawdown of -52.07%. Use the drawdown chart below to compare losses from any high point for LX and FBTC.
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Drawdown Indicators
| LX | FBTC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.19% | -52.07% | -41.12% |
Max Drawdown (1Y)Largest decline over 1 year | -72.18% | -52.07% | -20.11% |
Max Drawdown (3Y)Largest decline over 3 years | -81.04% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -90.23% | — | — |
Current DrawdownCurrent decline from peak | -85.24% | -49.59% | -35.65% |
Average DrawdownAverage peak-to-trough decline | -63.32% | -16.18% | -47.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 49.57% | 28.93% | +20.64% |
Volatility
LX vs. FBTC - Volatility Comparison
LexinFintech Holdings Ltd. (LX) has a higher volatility of 22.74% compared to Fidelity Wise Origin Bitcoin Fund (FBTC) at 11.77%. This indicates that LX's price experiences larger fluctuations and is considered to be riskier than FBTC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LX | FBTC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.74% | 11.77% | +10.97% |
Volatility (6M)Calculated over the trailing 6-month period | 36.53% | 34.55% | +1.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 63.97% | 44.17% | +19.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 73.71% | 50.26% | +23.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 323.46% | 50.26% | +273.20% |
Dividends
LX vs. FBTC - Dividend Comparison
LX's dividend yield for the trailing twelve months is around 18.45%, while FBTC has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
FBTC Fidelity Wise Origin Bitcoin Fund | 0.00% | 0.00% | 0.00% | 0.00% |
LX LexinFintech Holdings Ltd. | 18.45% | 9.30% | 2.38% | 11.85% |
Frequently Asked Questions
LX and FBTC have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LX has higher volatility (22.74%) compared to FBTC (11.77%). In terms of maximum drawdown, LX dropped -93.19% vs FBTC's -52.07%.
FBTC currently has the higher Sharpe Ratio (-0.90 vs -1.07), 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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