LX vs. NIXT
LX (LexinFintech Holdings Ltd.) is a stock, while NIXT (Research Affiliates Deletions ETF) is Mid Cap Value Equities fund tracking the Research Affiliates Deletions Index. Over the past year, LX returned -74.26% vs 32.03% for NIXT. At a 0.28 correlation, their price movements are largely independent.
Performance
LX vs. NIXT - Performance Comparison
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Returns By Period
In the year-to-date period, LX achieves a -51.73% return, which is significantly lower than NIXT's 25.89% 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%
NIXT
- 1D
- -0.76%
- 1M
- 6.45%
- 6M
- 20.40%
- YTD
- 25.89%
- 1Y
- 32.03%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 19.03%
LX vs. NIXT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
LX LexinFintech Holdings Ltd. | -51.73% | -40.97% | 253.91% |
NIXT Research Affiliates Deletions ETF | 25.89% | 4.94% | 4.60% |
Correlation
The correlation between LX and NIXT 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 (All Time) Calculated using the full available price history since Sep 10, 2024 | 0.28 |
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Return for Risk
LX vs. NIXT — Risk / Return Rank
LX
NIXT
LX vs. NIXT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for LexinFintech Holdings Ltd. (LX) and Research Affiliates Deletions ETF (NIXT). 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 | NIXT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.69 | ||
| Sortino ratioReturn per unit of downside risk | -4.68 | ||
| Omega ratioGain probability vs. loss probability | 0.71 | 1.26 | -0.55 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | 2.75 | -3.70 |
| Martin ratioReturn relative to average drawdown | -1.38 | 9.32 | -10.69 |
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Drawdowns
LX vs. NIXT - Drawdown Comparison
The maximum LX drawdown since its inception was -93.19%, which is greater than NIXT's maximum drawdown of -27.75%. Use the drawdown chart below to compare losses from any high point for LX and NIXT.
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Drawdown Indicators
| LX | NIXT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.19% | -27.75% | -65.44% |
Max Drawdown (1Y)Largest decline over 1 year | -78.22% | -11.71% | -66.51% |
Max Drawdown (3Y)Largest decline over 3 years | -85.64% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -86.72% | — | — |
Current DrawdownCurrent decline from peak | -89.66% | -1.29% | -88.37% |
Average DrawdownAverage peak-to-trough decline | -63.60% | -5.64% | -57.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 53.88% | 3.45% | +50.43% |
Volatility
LX vs. NIXT - Volatility Comparison
LexinFintech Holdings Ltd. (LX) has a higher volatility of 15.73% compared to Research Affiliates Deletions ETF (NIXT) at 5.19%. This indicates that LX's price experiences larger fluctuations and is considered to be riskier than NIXT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LX | NIXT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.73% | 5.19% | +10.54% |
Volatility (6M)Calculated over the trailing 6-month period | 39.00% | 14.63% | +24.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.28% | 21.09% | +43.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 73.45% | 23.02% | +50.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 321.36% | 23.02% | +298.34% |
Dividends
LX vs. NIXT - Dividend Comparison
LX's dividend yield for the trailing twelve months is around 26.34%, more than NIXT's 1.30% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
LX LexinFintech Holdings Ltd. | 26.34% | 9.30% | 2.38% | 11.85% |
NIXT Research Affiliates Deletions ETF | 1.30% | 1.64% | 1.39% | 0.00% |
Frequently Asked Questions
LX and NIXT 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 NIXT (5.19%). In terms of maximum drawdown, LX dropped -93.19% vs NIXT's -27.75%.
NIXT currently has the higher Sharpe Ratio (1.53 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.
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