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 -65.24% vs 40.36% for QDTE. At a 0.25 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 -27.09% return, which is significantly lower than QDTE's 16.58% return.
LX
- 1D
- -4.37%
- 1M
- 3.79%
- YTD
- -27.09%
- 6M
- -25.96%
- 1Y
- -65.24%
- 3Y*
- 8.55%
- 5Y*
- -25.26%
- 10Y*
- —
QDTE
- 1D
- -0.16%
- 1M
- 8.99%
- YTD
- 16.58%
- 6M
- 16.20%
- 1Y
- 40.36%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LX vs. QDTE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
LX LexinFintech Holdings Ltd. | -27.09% | -40.97% | 260.23% |
QDTE Roundhill Innovation-100 0DTE Covered Call Strategy ETF | 16.58% | 19.32% | 16.07% |
Correlation
The correlation between LX and QDTE is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2024 | 0.25 |
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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.
| LX | QDTE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.77 | ||
| Sortino ratioReturn per unit of downside risk | -5.36 | ||
| Omega ratioGain probability vs. loss probability | 0.78 | 1.47 | -0.70 |
| Calmar ratioReturn relative to maximum drawdown | -0.91 | 3.98 | -4.88 |
| Martin ratioReturn relative to average drawdown | -1.33 | 16.08 | -17.41 |
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 | QDTE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.03 | 2.74 | -3.77 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.34 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.04 | 1.30 | -1.26 |
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 | -72.18% | -10.20% | -61.98% |
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 | -84.39% | -0.16% | -84.23% |
Average DrawdownAverage peak-to-trough decline | -63.29% | -3.14% | -60.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 48.99% | 2.52% | +46.47% |
Volatility
LX vs. QDTE - Volatility Comparison
LexinFintech Holdings Ltd. (LX) has a higher volatility of 22.06% compared to Roundhill Innovation-100 0DTE Covered Call Strategy ETF (QDTE) at 3.75%. 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 | 22.06% | 3.75% | +18.31% |
Volatility (6M)Calculated over the trailing 6-month period | 35.69% | 11.01% | +24.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 63.62% | 14.81% | +48.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 73.95% | 18.43% | +55.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 323.68% | 18.43% | +305.25% |
Dividends
LX vs. QDTE - Dividend Comparison
LX's dividend yield for the trailing twelve months is around 17.44%, less than QDTE's 42.16% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
LX LexinFintech Holdings Ltd. | 17.44% | 9.30% | 2.38% | 11.85% |
QDTE Roundhill Innovation-100 0DTE Covered Call Strategy ETF | 42.16% | 49.49% | 32.09% | 0.00% |
Frequently Asked Questions
LX and QDTE have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LX has higher volatility (22.06%) compared to QDTE (3.75%). In terms of maximum drawdown, LX dropped -93.19% vs QDTE's -22.86%.
QDTE currently has the higher Sharpe Ratio (2.74 vs -1.03), 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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