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 -68.23% vs 31.07% for NIXT. At a 0.29 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 -31.09% return, which is significantly lower than NIXT's 17.85% return.
LX
- 1D
- 0.00%
- 1M
- -0.96%
- YTD
- -31.09%
- 6M
- -31.51%
- 1Y
- -68.23%
- 3Y*
- 4.91%
- 5Y*
- -25.63%
- 10Y*
- —
NIXT
- 1D
- 0.30%
- 1M
- 0.86%
- YTD
- 17.85%
- 6M
- 17.13%
- 1Y
- 31.07%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LX vs. NIXT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
LX LexinFintech Holdings Ltd. | -31.09% | -40.97% | 251.85% |
NIXT Research Affiliates Deletions ETF | 17.85% | 4.94% | 4.89% |
Correlation
The correlation between LX and NIXT is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Sep 11, 2024 | 0.29 |
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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.
| LX | NIXT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.54 | ||
| Sortino ratioReturn per unit of downside risk | -4.22 | ||
| Omega ratioGain probability vs. loss probability | 0.76 | 1.25 | -0.49 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | 2.66 | -3.61 |
| Martin ratioReturn relative to average drawdown | -1.38 | 8.96 | -10.34 |
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 | NIXT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.07 | 1.47 | -2.54 |
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 | 0.70 | -0.66 |
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 | -72.18% | -11.71% | -60.47% |
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% | -2.73% | -82.51% |
Average DrawdownAverage peak-to-trough decline | -63.32% | -5.94% | -57.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 49.57% | 3.48% | +46.09% |
Volatility
LX vs. NIXT - Volatility Comparison
LexinFintech Holdings Ltd. (LX) has a higher volatility of 22.74% compared to Research Affiliates Deletions ETF (NIXT) at 5.00%. 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 | 22.74% | 5.00% | +17.74% |
Volatility (6M)Calculated over the trailing 6-month period | 36.53% | 14.17% | +22.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 63.97% | 21.26% | +42.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 73.71% | 23.28% | +50.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 323.46% | 23.28% | +300.18% |
Dividends
LX vs. NIXT - Dividend Comparison
LX's dividend yield for the trailing twelve months is around 18.45%, more than NIXT's 1.35% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
LX LexinFintech Holdings Ltd. | 18.45% | 9.30% | 2.38% | 11.85% |
NIXT Research Affiliates Deletions ETF | 1.35% | 1.64% | 1.39% | 0.00% |
Frequently Asked Questions
LX and NIXT have a correlation of 0.28, 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 NIXT (5.00%). In terms of maximum drawdown, LX dropped -93.19% vs NIXT's -27.75%.
NIXT currently has the higher Sharpe Ratio (1.47 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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