KD vs. KTOS
KD (Kyndryl Holdings, Inc.) and KTOS (Kratos Defense & Security Solutions, Inc.) are both stocks. KD operates in Information Technology Services (Technology), while KTOS operates in Aerospace & Defense (Industrials). Over the past 3 years, KD returned 0.13%/yr vs 65.85%/yr for KTOS. At a 0.29 correlation, their price movements are largely independent.
Performance
KD vs. KTOS - Performance Comparison
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Returns By Period
In the year-to-date period, KD achieves a -52.56% return, which is significantly lower than KTOS's -16.65% return.
KD
- 1D
- -2.25%
- 1M
- -12.26%
- YTD
- -52.56%
- 6M
- -50.86%
- 1Y
- -67.84%
- 3Y*
- 0.13%
- 5Y*
- —
- 10Y*
- —
KTOS
- 1D
- -0.35%
- 1M
- 1.97%
- YTD
- -16.65%
- 6M
- -10.84%
- 1Y
- 66.32%
- 3Y*
- 65.85%
- 5Y*
- 19.81%
- 10Y*
- 31.35%
KD vs. KTOS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
KD Kyndryl Holdings, Inc. | -52.56% | -23.24% | 66.51% | 86.87% | -38.56% | -55.58% |
KTOS Kratos Defense & Security Solutions, Inc. | -16.65% | 187.76% | 30.01% | 96.61% | -46.80% | -13.70% |
Correlation
The correlation between KD and KTOS is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 2021 | 0.29 |
Over the past year, the correlation between KD and KTOS has dropped to 0.06 - well below their long-term average of 0.29, suggesting their price drivers have been diverging.
Fundamentals
KD:
$2.87B
KTOS:
$11.35B
KD:
$0.84
KTOS:
$0.17
KD:
14.92
KTOS:
367.41
KD:
0.20
KTOS:
7.63
KD:
$15.09B
KTOS:
$1.42B
KD:
$2.44B
KTOS:
$259.40M
KD:
$2.02B
KTOS:
$78.30M
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Return for Risk
KD vs. KTOS — Risk / Return Rank
KD
KTOS
KD vs. KTOS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kyndryl Holdings, Inc. (KD) and Kratos Defense & Security Solutions, Inc. (KTOS). 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.
| KD | KTOS | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.93 | 0.95 | -1.88 |
Sortino ratioReturn per unit of downside risk | -1.16 | 1.63 | -2.79 |
Omega ratioGain probability vs. loss probability | 0.76 | 1.20 | -0.44 |
Calmar ratioReturn relative to maximum drawdown | -0.90 | 1.19 | -2.08 |
Martin ratioReturn relative to average drawdown | -1.43 | 2.53 | -3.96 |
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
| KD | KTOS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.93 | 0.95 | -1.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.38 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.62 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.39 | -0.13 | -0.25 |
Drawdowns
KD vs. KTOS - Drawdown Comparison
The maximum KD drawdown since its inception was -79.80%, smaller than the maximum KTOS drawdown of -99.81%. Use the drawdown chart below to compare losses from any high point for KD and KTOS.
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Drawdown Indicators
| KD | KTOS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.80% | -99.81% | +20.01% |
Max Drawdown (1Y)Largest decline over 1 year | -75.60% | -60.15% | -15.45% |
Max Drawdown (3Y)Largest decline over 3 years | -75.63% | -60.15% | -15.48% |
Max Drawdown (5Y)Largest decline over 5 years | — | -69.39% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -72.74% | — |
Current DrawdownCurrent decline from peak | -71.00% | -95.99% | +24.99% |
Average DrawdownAverage peak-to-trough decline | -50.25% | -95.94% | +45.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 47.42% | 28.22% | +19.20% |
Volatility
KD vs. KTOS - Volatility Comparison
The current volatility for Kyndryl Holdings, Inc. (KD) is 16.84%, while Kratos Defense & Security Solutions, Inc. (KTOS) has a volatility of 21.49%. This indicates that KD experiences smaller price fluctuations and is considered to be less risky than KTOS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KD | KTOS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.84% | 21.49% | -4.65% |
Volatility (6M)Calculated over the trailing 6-month period | 87.85% | 55.40% | +32.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 72.82% | 70.57% | +2.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.59% | 51.86% | +6.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.59% | 50.60% | +7.99% |
Dividends
KD vs. KTOS - Dividend Comparison
Neither KD nor KTOS has paid dividends to shareholders.
Financials
KD vs. KTOS - Financials Comparison
This section allows you to compare key financial metrics between Kyndryl Holdings, Inc. and Kratos Defense & Security Solutions, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
KD vs. KTOS - Profitability Comparison
KD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kyndryl Holdings, Inc. reported a gross profit of 0.00 and revenue of 3.77B. Therefore, the gross margin over that period was 0.0%.
KTOS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kratos Defense & Security Solutions, Inc. reported a gross profit of 34.70M and revenue of 371.00M. Therefore, the gross margin over that period was 9.4%.
KD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kyndryl Holdings, Inc. reported an operating income of 0.00 and revenue of 3.77B, resulting in an operating margin of 0.0%.
KTOS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kratos Defense & Security Solutions, Inc. reported an operating income of 4.70M and revenue of 371.00M, resulting in an operating margin of 1.3%.
KD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kyndryl Holdings, Inc. reported a net income of 17.00M and revenue of 3.77B, resulting in a net margin of 0.5%.
KTOS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kratos Defense & Security Solutions, Inc. reported a net income of 11.90M and revenue of 371.00M, resulting in a net margin of 3.2%.
Frequently Asked Questions
KD and KTOS have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KTOS has higher volatility (21.49%) compared to KD (16.84%). In terms of maximum drawdown, KD dropped -79.80% vs KTOS's -99.81%.
KTOS currently has the higher Sharpe Ratio (0.95 vs -0.93), 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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