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XAR vs. LX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XAR vs. LX

Last updated Jun 9, 2026

XAR (SPDR S&P Aerospace & Defense ETF) is Aerospace & Defense fund tracking the S&P Aerospace & Defense Select Industry Index, while LX (LexinFintech Holdings Ltd.) is a stock. Over the past 5 years, XAR returned 15.97%/yr vs -25.63%/yr for LX. At a 0.27 correlation, their price movements are largely independent.

Performance

XAR vs. LX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Aerospace & Defense ETF (XAR) 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, XAR achieves a 12.43% return, which is significantly higher than LX's -31.09% return.

XAR

1D
-0.54%
1M
2.15%
YTD
12.43%
6M
16.39%
1Y
37.23%
3Y*
32.47%
5Y*
15.97%
10Y*
17.82%

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)

XAR vs. LX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
XAR
SPDR S&P Aerospace & Defense ETF		12.43%46.15%23.32%23.79%-5.02%2.31%6.18%39.33%-4.58%-0.21%
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 XAR and LX is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.30

Correlation (3Y)
Calculated over the trailing 3-year period

0.26

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

0.30

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

0.27

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

SPDR S&P Aerospace & Defense ETF

LexinFintech Holdings Ltd.

Often compared with XAR:
XAR vs. ITAXAR vs. PPAXAR vs. SHLDXAR vs. VOOXAR vs. UFOXAR vs. FSDAXXAR vs. DFEN
Often compared with LX:
LX vs. ESLTLX vs. OPFILX vs. WRLDLX vs. DAVELX vs. SPYLX vs. RNMBYLX vs. LRN

Return for Risk

XAR vs. LX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XAR
XAR Risk / Return Rank: 4343
Overall Rank
XAR Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
XAR Sortino Ratio Rank: 4545
Sortino Ratio Rank
XAR Omega Ratio Rank: 3939
Omega Ratio Rank
XAR Calmar Ratio Rank: 4949
Calmar Ratio Rank
XAR Martin Ratio Rank: 4141
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.

XAR vs. LX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Aerospace & Defense ETF (XAR) 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.

XARLXDifference
Sharpe ratioReturn per unit of total volatility
1.39
-1.07

+2.46

Sortino ratioReturn per unit of downside risk
2.02
-2.04

+4.05

Omega ratioGain probability vs. loss probability

1.23

0.76

+0.47

Calmar ratioReturn relative to maximum drawdown

2.17

-0.95

+3.12

Martin ratioReturn relative to average drawdown

6.13

-1.38

+7.51

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

XAR vs. LX - Sharpe Ratio Comparison

The current XAR Sharpe Ratio is 1.39, which is higher than the LX Sharpe Ratio of -1.07. The chart below compares the historical Sharpe Ratios of XAR 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.

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Sharpe Ratios by Period

XARLXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.39

-1.07

+2.46

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.68

-0.35

+1.03

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.73

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.84

0.04

+0.80

Drawdowns

XAR vs. LX - Drawdown Comparison

The maximum XAR drawdown since its inception was -46.37%, smaller than the maximum LX drawdown of -93.19%. Use the drawdown chart below to compare losses from any high point for XAR and LX.

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Drawdown Indicators

XARLXDifference

Max Drawdown

Largest peak-to-trough decline

-46.37%

-93.19%

+46.82%

Max Drawdown (1Y)

Largest decline over 1 year

-17.22%

-72.18%

+54.96%

Max Drawdown (3Y)

Largest decline over 3 years

-19.73%

-81.04%

+61.31%

Max Drawdown (5Y)

Largest decline over 5 years

-32.40%

-90.23%

+57.83%

Max Drawdown (10Y)

Largest decline over 10 years

-46.37%

—

—

Current Drawdown

Current decline from peak

-7.35%

-85.24%

+77.89%

Average Drawdown

Average peak-to-trough decline

-6.78%

-63.32%

+56.54%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.09%

49.57%

-43.48%

Volatility

XAR vs. LX - Volatility Comparison

The current volatility for SPDR S&P Aerospace & Defense ETF (XAR) is 9.09%, while LexinFintech Holdings Ltd. (LX) has a volatility of 22.74%. This indicates that XAR 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.

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Volatility by Period

XARLXDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.09%

22.74%

-13.65%

Volatility (6M)

Calculated over the trailing 6-month period

22.58%

36.53%

-13.95%

Volatility (1Y)

Calculated over the trailing 1-year period

27.05%

63.97%

-36.92%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.46%

73.71%

-50.25%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.65%

323.46%

-298.81%

Dividends

XAR vs. LX - Dividend Comparison

XAR's dividend yield for the trailing twelve months is around 0.32%, 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%
XAR
SPDR S&P Aerospace & Defense ETF		0.32%0.40%0.66%0.54%0.50%0.83%0.63%0.75%1.19%0.76%1.09%2.31%

Frequently Asked Questions

XAR and LX have a correlation of 0.30, 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 XAR (9.09%). In terms of maximum drawdown, XAR dropped -46.37% vs LX's -93.19%.

XAR currently has the higher Sharpe Ratio (1.39 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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