TECB vs. LX

Last updated Jun 9, 2026

TECB (iShares U.S. Tech Breakthrough Multisector ETF) is Technology Equities fund tracking the NYSE FactSet U.S. Tech Breakthrough Index, while LX (LexinFintech Holdings Ltd.) is a stock. Over the past 5 years, TECB returned 13.47%/yr vs -25.63%/yr for LX. At a 0.35 correlation, their price movements are largely independent.

Performance

TECB vs. LX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Tech Breakthrough Multisector ETF (TECB) and LexinFintech Holdings Ltd. (LX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TECB achieves a 14.97% return, which is significantly higher than LX's -31.09% return.

TECB

• 1D: 0.52%
• 1M: 1.69%
• YTD: 14.97%
• 6M: 13.40%
• 1Y: 27.32%
• 3Y*: 24.72%
• 5Y*: 13.47%
• 10Y*: —

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)

TECB vs. LX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
TECB iShares U.S. Tech Breakthrough Multisector ETF	14.97%	14.86%	24.38%	57.53%	-34.39%	19.60%	39.90%
LX LexinFintech Holdings Ltd.	-31.09%	-40.97%	242.61%	6.40%	-50.78%	-42.39%	-54.05%

Correlation

The correlation between TECB and LX is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (5Y) Calculated over the trailing 5-year period	0.37
Correlation (All Time) Calculated using the full available price history since Jan 13, 2020	0.35

Return for Risk

TECB vs. LX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TECB

TECB Risk / Return Rank: 43
TECB Sharpe Ratio Rank: 50
TECB Sortino Ratio Rank: 47
TECB Omega Ratio Rank: 47
TECB Calmar Ratio Rank: 38
TECB Martin Ratio Rank: 35

LX

LX Risk / Return Rank: 4
LX Sharpe Ratio Rank: 4
LX Sortino Ratio Rank: 2
LX Omega Ratio Rank: 3
LX Calmar Ratio Rank: 4
LX Martin Ratio Rank: 9

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.

TECB vs. LX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Tech Breakthrough Multisector ETF (TECB) 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.

	TECB	LX	Difference
Sharpe ratio: Return per unit of total volatility	1.56	-1.07	+2.63
Sortino ratio: Return per unit of downside risk	2.11	-2.04	+4.15
Omega ratio: Gain probability vs. loss probability	1.27	0.76	+0.51
Calmar ratio: Return relative to maximum drawdown	1.69	-0.95	+2.64
Martin ratio: Return relative to average drawdown	4.93	-1.38	+6.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TECB vs. LX - Sharpe Ratio Comparison

The current TECB Sharpe Ratio is 1.56, which is higher than the LX Sharpe Ratio of -1.07. The chart below compares the historical Sharpe Ratios of TECB 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.

Sharpe Ratios by Period

	TECB	LX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.56	-1.07	+2.63
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.57	-0.35	+0.92
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	0.04	+0.66

Drawdowns

TECB vs. LX - Drawdown Comparison

The maximum TECB drawdown since its inception was -41.62%, smaller than the maximum LX drawdown of -93.19%. Use the drawdown chart below to compare losses from any high point for TECB and LX.

Drawdown Indicators

	TECB	LX	Difference
Max Drawdown Largest peak-to-trough decline	-41.62%	-93.19%	+51.57%
Max Drawdown (1Y) Largest decline over 1 year	-16.24%	-72.18%	+55.94%
Max Drawdown (3Y) Largest decline over 3 years	-23.91%	-81.04%	+57.13%
Max Drawdown (5Y) Largest decline over 5 years	-41.62%	-90.23%	+48.61%
Current Drawdown Current decline from peak	-5.64%	-85.24%	+79.60%
Average Drawdown Average peak-to-trough decline	-10.17%	-63.32%	+53.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.55%	49.57%	-44.02%

Volatility

TECB vs. LX - Volatility Comparison

The current volatility for iShares U.S. Tech Breakthrough Multisector ETF (TECB) is 7.20%, while LexinFintech Holdings Ltd. (LX) has a volatility of 22.74%. This indicates that TECB 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.

Volatility by Period

	TECB	LX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.20%	22.74%	-15.54%
Volatility (6M) Calculated over the trailing 6-month period	14.03%	36.53%	-22.50%
Volatility (1Y) Calculated over the trailing 1-year period	17.68%	63.97%	-46.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.59%	73.71%	-50.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.42%	323.46%	-298.04%

Dividends

TECB vs. LX - Dividend Comparison

TECB's dividend yield for the trailing twelve months is around 0.29%, less than LX's 18.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
LX LexinFintech Holdings Ltd.	18.45%	9.30%	2.38%	11.85%	0.00%	0.00%	0.00%
TECB iShares U.S. Tech Breakthrough Multisector ETF	0.29%	0.33%	0.35%	0.23%	0.61%	0.35%	0.77%

Frequently Asked Questions

Can I hold both TECB and LX in my portfolio?

TECB and LX have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TECB or LX?

LX has higher volatility (22.74%) compared to TECB (7.20%). In terms of maximum drawdown, TECB dropped -41.62% vs LX's -93.19%.

Which has better risk-adjusted returns?

TECB currently has the higher Sharpe Ratio (1.56 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.