PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
SPYM vs. LX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SPYM vs. LX

Last updated Jun 9, 2026

SPYM (State Street SPDR Portfolio S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index, while LX (LexinFintech Holdings Ltd.) is a stock. Over the past 5 years, SPYM returned 13.50%/yr vs -25.63%/yr for LX. At a 0.32 correlation, their price movements are largely independent.

Performance

SPYM vs. LX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street SPDR Portfolio S&P 500 ETF (SPYM) and LexinFintech Holdings Ltd. (LX). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, SPYM achieves a 8.75% return, which is significantly higher than LX's -31.09% return.

SPYM

1D
0.24%
1M
0.23%
YTD
8.75%
6M
8.78%
1Y
24.91%
3Y*
21.46%
5Y*
13.50%
10Y*
15.40%

LX

1D
0.00%
1M
-0.96%
YTD
-31.09%
6M
-31.51%
1Y
-68.23%
3Y*
4.91%
5Y*
-25.63%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

SPYM vs. LX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SPYM
State Street SPDR Portfolio S&P 500 ETF		8.75%17.79%25.00%26.24%-18.09%28.78%18.49%31.99%-4.78%-0.25%
LX
LexinFintech Holdings Ltd.		-31.09%-40.97%242.61%6.40%-50.78%-42.39%-51.76%91.59%-47.84%1,199.07%

Correlation

The correlation between SPYM and LX 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

0.31

Correlation (5Y)
Calculated over the trailing 5-year period

0.33

Correlation (All Time)
Calculated using the full available price history since Dec 22, 2017

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.

State Street SPDR Portfolio S&P 500 ETF

LexinFintech Holdings Ltd.

Often compared with SPYM:
SPYM vs. SPYSPYM vs. VOOSPYM vs. QQQMSPYM vs. SPMOSPYM vs. VTISPYM vs. SPYGSPYM vs. SCHG
Often compared with LX:
LX vs. ESLTLX vs. OPFILX vs. WRLDLX vs. DAVELX vs. SPYLX vs. RNMBYLX vs. LRN

Return for Risk

SPYM vs. LX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SPYM
SPYM Risk / Return Rank: 6969
Overall Rank
SPYM Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
SPYM Sortino Ratio Rank: 6868
Sortino Ratio Rank
SPYM Omega Ratio Rank: 7171
Omega Ratio Rank
SPYM Calmar Ratio Rank: 6262
Calmar Ratio Rank
SPYM Martin Ratio Rank: 7575
Martin Ratio Rank
LX
LX Risk / Return Rank: 44
Overall Rank
LX Sharpe Ratio Rank: 44
Sharpe Ratio Rank
LX Sortino Ratio Rank: 22
Sortino Ratio Rank
LX Omega Ratio Rank: 33
Omega Ratio Rank
LX Calmar Ratio Rank: 44
Calmar Ratio Rank
LX Martin Ratio Rank: 99
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SPYM vs. LX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street SPDR Portfolio S&P 500 ETF (SPYM) and LexinFintech Holdings Ltd. (LX). 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.

SPYMLXDifference
Sharpe ratioReturn per unit of total volatility
2.08
-1.07

+3.15

Sortino ratioReturn per unit of downside risk
2.80
-2.04

+4.84

Omega ratioGain probability vs. loss probability

1.38

0.76

+0.62

Calmar ratioReturn relative to maximum drawdown

2.81

-0.95

+3.76

Martin ratioReturn relative to average drawdown

12.97

-1.38

+14.35

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPYM vs. LX - Sharpe Ratio Comparison

The current SPYM Sharpe Ratio is 2.08, which is higher than the LX Sharpe Ratio of -1.07. The chart below compares the historical Sharpe Ratios of SPYM and LX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

SPYMLXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.08

-1.07

+3.15

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.81

-0.35

+1.16

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.86

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.61

0.04

+0.57

Drawdowns

SPYM vs. LX - Drawdown Comparison

The maximum SPYM drawdown since its inception was -54.46%, smaller than the maximum LX drawdown of -93.19%. Use the drawdown chart below to compare losses from any high point for SPYM and LX.

Loading charts...

Drawdown Indicators

SPYMLXDifference

Max Drawdown

Largest peak-to-trough decline

-54.46%

-93.19%

+38.73%

Max Drawdown (1Y)

Largest decline over 1 year

-8.90%

-72.18%

+63.28%

Max Drawdown (3Y)

Largest decline over 3 years

-18.72%

-81.04%

+62.32%

Max Drawdown (5Y)

Largest decline over 5 years

-24.48%

-90.23%

+65.75%

Max Drawdown (10Y)

Largest decline over 10 years

-33.87%

—

—

Current Drawdown

Current decline from peak

-2.66%

-85.24%

+82.58%

Average Drawdown

Average peak-to-trough decline

-7.15%

-63.32%

+56.17%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.92%

49.57%

-47.65%

Volatility

SPYM vs. LX - Volatility Comparison

The current volatility for State Street SPDR Portfolio S&P 500 ETF (SPYM) is 3.72%, while LexinFintech Holdings Ltd. (LX) has a volatility of 22.74%. This indicates that SPYM experiences smaller price fluctuations and is considered to be less risky than LX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

SPYMLXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.72%

22.74%

-19.02%

Volatility (6M)

Calculated over the trailing 6-month period

9.30%

36.53%

-27.23%

Volatility (1Y)

Calculated over the trailing 1-year period

12.07%

63.97%

-51.90%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.84%

73.71%

-56.87%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.02%

323.46%

-305.44%

Dividends

SPYM vs. LX - Dividend Comparison

SPYM's dividend yield for the trailing twelve months is around 1.02%, less than LX's 18.45% yield.

PositionTTM20252024202320222021202020192018201720162015
LX
LexinFintech Holdings Ltd.		18.45%9.30%2.38%11.85%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPYM
State Street SPDR Portfolio S&P 500 ETF		1.02%1.13%1.28%1.44%1.69%1.25%1.54%1.79%2.23%1.75%1.97%1.98%

Frequently Asked Questions

SPYM and LX 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 (22.74%) compared to SPYM (3.72%). In terms of maximum drawdown, SPYM dropped -54.46% vs LX's -93.19%.

SPYM currently has the higher Sharpe Ratio (2.08 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.

Portfolio Optimizer

Find the right allocation for SPYM and LX

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