LX vs. QDTE
LX (LexinFintech Holdings Ltd.) is a stock, while QDTE (Roundhill Innovation-100 0DTE Covered Call Strategy ETF) is Derivative Income fund actively managed by Roundhill. Over the past year, LX returned -73.96% vs 26.73% for QDTE. At a 0.23 correlation, their price movements are largely independent.
Performance
LX vs. QDTE - Performance Comparison
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Returns By Period
In the year-to-date period, LX achieves a -49.40% return, which is significantly lower than QDTE's 12.40% return.
LX
- 1D
- 4.11%
- 1M
- -25.12%
- 6M
- -47.14%
- YTD
- -49.40%
- 1Y
- -73.96%
- 3Y*
- -7.34%
- 5Y*
- -26.82%
- 10Y*
- —
QDTE
- 1D
- -1.63%
- 1M
- -1.88%
- 6M
- 11.11%
- YTD
- 12.40%
- 1Y
- 26.73%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LX vs. QDTE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
LX LexinFintech Holdings Ltd. | -49.40% | -40.97% | 250.22% |
QDTE Roundhill Innovation-100 0DTE Covered Call Strategy ETF | 12.40% | 19.32% | 17.13% |
Correlation
The correlation between LX and QDTE is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Mar 7, 2024 | 0.23 |
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Return for Risk
LX vs. QDTE — Risk / Return Rank
LX
QDTE
LX vs. QDTE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for LexinFintech Holdings Ltd. (LX) and Roundhill Innovation-100 0DTE Covered Call Strategy ETF (QDTE). 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 | QDTE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.71 | ||
| Sortino ratioReturn per unit of downside risk | -4.46 | ||
| Omega ratioGain probability vs. loss probability | 0.71 | 1.27 | -0.56 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | 2.63 | -3.58 |
| Martin ratioReturn relative to average drawdown | -1.38 | 9.81 | -11.19 |
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Drawdowns
LX vs. QDTE - Drawdown Comparison
The maximum LX drawdown since its inception was -93.19%, which is greater than QDTE's maximum drawdown of -22.86%. Use the drawdown chart below to compare losses from any high point for LX and QDTE.
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Drawdown Indicators
| LX | QDTE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.19% | -22.86% | -70.33% |
Max Drawdown (1Y)Largest decline over 1 year | -78.22% | -10.20% | -68.02% |
Max Drawdown (3Y)Largest decline over 3 years | -85.64% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -87.40% | — | — |
Current DrawdownCurrent decline from peak | -89.16% | -3.74% | -85.42% |
Average DrawdownAverage peak-to-trough decline | -63.58% | -3.12% | -60.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 53.44% | 2.73% | +50.71% |
Volatility
LX vs. QDTE - Volatility Comparison
LexinFintech Holdings Ltd. (LX) has a higher volatility of 15.13% compared to Roundhill Innovation-100 0DTE Covered Call Strategy ETF (QDTE) at 7.02%. This indicates that LX's price experiences larger fluctuations and is considered to be riskier than QDTE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LX | QDTE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.13% | 7.02% | +8.11% |
Volatility (6M)Calculated over the trailing 6-month period | 38.59% | 14.19% | +24.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 63.96% | 17.35% | +46.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 73.41% | 19.06% | +54.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 321.50% | 19.06% | +302.44% |
Dividends
LX vs. QDTE - Dividend Comparison
LX's dividend yield for the trailing twelve months is around 25.13%, less than QDTE's 46.23% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
LX LexinFintech Holdings Ltd. | 25.13% | 9.30% | 2.38% | 11.85% |
QDTE Roundhill Innovation-100 0DTE Covered Call Strategy ETF | 46.23% | 49.49% | 32.09% | 0.00% |
Frequently Asked Questions
LX and QDTE have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LX has higher volatility (15.13%) compared to QDTE (7.02%). In terms of maximum drawdown, LX dropped -93.19% vs QDTE's -22.86%.
QDTE currently has the higher Sharpe Ratio (1.55 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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