LX vs. FSMD
LX (LexinFintech Holdings Ltd.) is a stock, while FSMD (Fidelity Small-Mid Multifactor ETF) is Small Cap Blend Equities fund tracking the Fidelity Small-Mid Multifactor Index. Over the past 5 years, LX returned -28.17%/yr vs 10.07%/yr for FSMD. At a 0.32 correlation, their price movements are largely independent.
Performance
LX vs. FSMD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LX achieves a -51.73% return, which is significantly lower than FSMD's 15.30% return.
LX
- 1D
- -5.84%
- 1M
- -27.50%
- 6M
- -47.38%
- YTD
- -51.73%
- 1Y
- -74.26%
- 3Y*
- -8.07%
- 5Y*
- -28.17%
- 10Y*
- —
- ALL TIME*
- 6.18%
FSMD
- 1D
- -0.47%
- 1M
- -2.04%
- 6M
- 9.94%
- YTD
- 15.30%
- 1Y
- 22.01%
- 3Y*
- 15.26%
- 5Y*
- 10.07%
- 10Y*
- —
- ALL TIME*
- 11.63%
LX vs. FSMD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
LX LexinFintech Holdings Ltd. | -51.73% | -40.97% | 242.61% | 6.40% | -50.78% | -42.39% | -51.76% | 15.37% |
FSMD Fidelity Small-Mid Multifactor ETF | 15.30% | 8.70% | 15.18% | 17.37% | -11.15% | 26.40% | 8.94% | 8.81% |
Correlation
The correlation between LX and FSMD is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Feb 28, 2019 | 0.32 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LX vs. FSMD — Risk / Return Rank
LX
FSMD
LX vs. FSMD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for LexinFintech Holdings Ltd. (LX) and Fidelity Small-Mid Multifactor ETF (FSMD). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| LX | FSMD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.56 | ||
| Sortino ratioReturn per unit of downside risk | -4.54 | ||
| Omega ratioGain probability vs. loss probability | 0.71 | 1.25 | -0.54 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | 2.62 | -3.57 |
| Martin ratioReturn relative to average drawdown | -1.38 | 9.08 | -10.46 |
Loading charts...
Drawdowns
LX vs. FSMD - Drawdown Comparison
The maximum LX drawdown since its inception was -93.19%, which is greater than FSMD's maximum drawdown of -40.67%. Use the drawdown chart below to compare losses from any high point for LX and FSMD.
Loading charts...
Drawdown Indicators
| LX | FSMD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.19% | -40.67% | -52.52% |
Max Drawdown (1Y)Largest decline over 1 year | -78.22% | -8.44% | -69.78% |
Max Drawdown (3Y)Largest decline over 3 years | -85.64% | -22.16% | -63.48% |
Max Drawdown (5Y)Largest decline over 5 years | -86.72% | -22.16% | -64.56% |
Current DrawdownCurrent decline from peak | -89.66% | -4.41% | -85.25% |
Average DrawdownAverage peak-to-trough decline | -63.60% | -5.93% | -57.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 53.88% | 2.43% | +51.45% |
Volatility
LX vs. FSMD - Volatility Comparison
LexinFintech Holdings Ltd. (LX) has a higher volatility of 15.73% compared to Fidelity Small-Mid Multifactor ETF (FSMD) at 4.36%. This indicates that LX's price experiences larger fluctuations and is considered to be riskier than FSMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LX | FSMD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.73% | 4.36% | +11.37% |
Volatility (6M)Calculated over the trailing 6-month period | 39.00% | 12.30% | +26.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.28% | 15.77% | +48.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 73.45% | 18.53% | +54.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 321.36% | 21.35% | +300.01% |
Dividends
LX vs. FSMD - Dividend Comparison
LX's dividend yield for the trailing twelve months is around 26.34%, more than FSMD's 1.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
FSMD Fidelity Small-Mid Multifactor ETF | 1.26% | 1.33% | 1.29% | 1.37% | 1.54% | 1.18% | 1.32% | 1.37% |
LX LexinFintech Holdings Ltd. | 26.34% | 9.30% | 2.38% | 11.85% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LX and FSMD have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LX has higher volatility (15.73%) compared to FSMD (4.36%). In terms of maximum drawdown, LX dropped -93.19% vs FSMD's -40.67%.
FSMD currently has the higher Sharpe Ratio (1.41 vs -1.16), 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.
Find the right allocation for LX and FSMD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer