KLAC vs. CIFR

Last updated Jul 21, 2026

KLAC (KLA Corporation) and CIFR (Cipher Digital Inc.) are both stocks. Both are in the Technology sector — KLAC in Semiconductor Equipment & Materials, CIFR in Information Technology Services. Over the past 3 years, KLAC returned 66.84%/yr vs 67.89%/yr for CIFR. At a 0.32 correlation, their price movements are largely independent.

Performance

KLAC vs. CIFR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KLA Corporation (KLAC) and Cipher Digital Inc. (CIFR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KLAC achieves a 71.29% return, which is significantly higher than CIFR's 39.16% return.

KLAC

• 1D: -2.42%
• 1M: -20.02%
• 6M: 32.75%
• YTD: 71.29%
• 1Y: 124.39%
• 3Y*: 66.84%
• 5Y*: 47.12%
• 10Y*: 41.50%
• ALL TIME*: 22.94%

CIFR

• 1D: 16.97%
• 1M: -29.61%
• 6M: 9.26%
• YTD: 39.16%
• 1Y: 222.96%
• 3Y*: 67.89%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 15.38%

*Multi-year figures are annualized to reflect compound growth (CAGR)

KLAC vs. CIFR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
KLAC KLA Corporation	71.29%	94.48%	9.36%	56.05%	-11.20%	25.74%
CIFR Cipher Digital Inc.	39.16%	218.10%	12.35%	637.50%	-87.90%	-54.65%

Correlation

The correlation between KLAC and CIFR is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (All Time) Calculated using the full available price history since Aug 30, 2021	0.32

Fundamentals

Market Cap KLAC : $271.18B CIFR : $8.40B
EPS KLAC : $35.32 CIFR : -$2.32
PS Ratio KLAC : 2.10 CIFR : 45.51
PB Ratio KLAC : 4.70 CIFR : 11.65
Total Revenue (TTM) KLAC : $13.10B CIFR : $174.98M
Gross Profit (TTM) KLAC : $8.09B CIFR : -$172.84M
EBITDA (TTM) KLAC : $5.77B CIFR : -$169.22M

Return for Risk

KLAC vs. CIFR — Risk / Return Rank

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

KLAC

KLAC Risk / Return Rank: 91
KLAC Sharpe Ratio Rank: 93
KLAC Sortino Ratio Rank: 87
KLAC Omega Ratio Rank: 89
KLAC Calmar Ratio Rank: 92
KLAC Martin Ratio Rank: 94

CIFR

CIFR Risk / Return Rank: 89
CIFR Sharpe Ratio Rank: 92
CIFR Sortino Ratio Rank: 89
CIFR Omega Ratio Rank: 85
CIFR Calmar Ratio Rank: 93
CIFR Martin Ratio Rank: 88

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.

KLAC vs. CIFR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KLA Corporation (KLAC) and Cipher Digital Inc. (CIFR). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	KLAC	CIFR	Difference
Sharpe ratio: Return per unit of total volatility	2.17	2.03	+0.14
Sortino ratio: Return per unit of downside risk	2.50	2.68	-0.18
Omega ratio: Gain probability vs. loss probability	1.35	1.30	+0.05
Calmar ratio: Return relative to maximum drawdown	4.01	4.37	-0.36
Martin ratio: Return relative to average drawdown	13.67	8.45	+5.21

KLAC vs. CIFR - Sharpe Ratio Comparison

The current KLAC Sharpe Ratio is 2.17, which is comparable to the CIFR Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of KLAC and CIFR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

KLAC vs. CIFR - Drawdown Comparison

The maximum KLAC drawdown since its inception was -83.74%, smaller than the maximum CIFR drawdown of -97.16%. Use the drawdown chart below to compare losses from any high point for KLAC and CIFR.

Drawdown Indicators

	KLAC	CIFR	Difference
Max Drawdown Largest peak-to-trough decline	-83.74%	-97.16%	+13.42%
Max Drawdown (1Y) Largest decline over 1 year	-31.19%	-51.38%	+20.19%
Max Drawdown (3Y) Largest decline over 3 years	-34.95%	-71.74%	+36.79%
Max Drawdown (5Y) Largest decline over 5 years	-40.28%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-40.28%	—	—
Current Drawdown Current decline from peak	-31.19%	-29.61%	-1.58%
Average Drawdown Average peak-to-trough decline	-29.28%	-65.31%	+36.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.14%	26.50%	-17.36%

Volatility

KLAC vs. CIFR - Volatility Comparison

The current volatility for KLA Corporation (KLAC) is 30.24%, while Cipher Digital Inc. (CIFR) has a volatility of 33.12%. This indicates that KLAC experiences smaller price fluctuations and is considered to be less risky than CIFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KLAC	CIFR	Difference
Volatility (1M) Calculated over the trailing 1-month period	30.24%	33.12%	-2.88%
Volatility (6M) Calculated over the trailing 6-month period	49.98%	74.07%	-24.09%
Volatility (1Y) Calculated over the trailing 1-year period	57.81%	110.94%	-53.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.80%	121.73%	-75.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.94%	121.73%	-78.79%

Dividends

KLAC vs. CIFR - Dividend Comparison

KLAC's dividend yield for the trailing twelve months is around 0.39%, while CIFR has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CIFR Cipher Digital Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
KLAC KLA Corporation	0.39%	0.61%	0.96%	0.92%	1.25%	0.91%	1.35%	1.74%	3.17%	2.15%	2.67%	2.94%

Financials

Frequently Asked Questions

Can I hold both KLAC and CIFR in my portfolio?

KLAC and CIFR have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KLAC or CIFR?

CIFR has higher volatility (33.12%) compared to KLAC (30.24%). In terms of maximum drawdown, KLAC dropped -83.74% vs CIFR's -97.16%.

Which has better risk-adjusted returns?

KLAC currently has the higher Sharpe Ratio (2.17 vs 2.03), 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.