KLAC vs. DOCS
KLAC (KLA Corporation) and DOCS (Doximity, Inc.) are both stocks. KLAC operates in Semiconductor Equipment & Materials (Technology), while DOCS operates in Health Information Services (Healthcare). Over the past 5 years, KLAC returned 40.75%/yr vs -19.51%/yr for DOCS. Their 0.27 correlation means their historical movements had little consistent relationship.
Performance
KLAC vs. DOCS - Performance Comparison
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Returns By Period
In the year-to-date period, KLAC achieves a 50.85% return, which is significantly higher than DOCS's -52.78% return.
KLAC
- 1D
- 1.38%
- 1M
- -31.32%
- 6M
- 28.36%
- YTD
- 50.85%
- 1Y
- 109.32%
- 3Y*
- 53.92%
- 5Y*
- 40.75%
- 10Y*
- 39.77%
- ALL TIME*
- 22.49%
DOCS
- 1D
- -1.55%
- 1M
- -3.15%
- 6M
- -44.20%
- YTD
- -52.78%
- 1Y
- -64.41%
- 3Y*
- -15.61%
- 5Y*
- -19.51%
- 10Y*
- —
- ALL TIME*
- -12.44%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
DOCS Doximity, Inc. | $69.10M | $63.08M | $85.82M |
KLAC KLA Corporation | $2.50B | $2.71B | $2.78B |
KLAC vs. DOCS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
KLAC KLA Corporation | 50.85% | 94.48% | 9.36% | 56.05% | -11.20% | 39.16% |
DOCS Doximity, Inc. | -52.78% | -17.06% | 90.41% | -16.45% | -33.05% | 21.76% |
Correlation
The correlation between KLAC and DOCS is -0.07, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.07 |
Correlation (3Y) Balances recent behavior with more history. | 0.16 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.27 |
Correlation (All Time) Calculated using the full available price history since Jun 24, 2021 | 0.27 |
The correlation between KLAC and DOCS shifts across timeframes, from -0.07 (1 year) to 0.27 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
KLAC:
$238.81B
DOCS:
$3.91B
KLAC:
$3.66
DOCS:
$0.99
KLAC:
49.92
DOCS:
21.15
KLAC:
3.11
DOCS:
1.80
KLAC:
17.76
DOCS:
6.43
KLAC:
37.86
DOCS:
4.29
KLAC:
$13.58B
DOCS:
$644.86M
KLAC:
$8.32B
DOCS:
$574.54M
KLAC:
$6.12B
DOCS:
$245.76M
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Return for Risk
KLAC vs. DOCS — Risk / Return Rank
KLAC
DOCS
KLAC vs. DOCS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KLA Corporation (KLAC) and Doximity, Inc. (DOCS). 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 | DOCS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.03 | ||
| Sortino ratioReturn per unit of downside risk | +4.17 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 0.73 | +0.59 |
| Calmar ratioReturn relative to maximum drawdown | 2.52 | -0.85 | +3.37 |
| Martin ratioReturn relative to average drawdown | 9.80 | -1.23 | +11.03 |
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Drawdowns
KLAC vs. DOCS - Drawdown Comparison
The maximum KLAC drawdown since its inception was -83.74%, roughly equal to the maximum DOCS drawdown of -82.35%. Use the drawdown chart below to compare losses from any high point for KLAC and DOCS.
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Drawdown Indicators
| KLAC | DOCS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.74% | -82.35% | -1.39% |
Max Drawdown (1Y)Largest decline over 1 year | -43.59% | -76.03% | +32.44% |
Max Drawdown (3Y)Largest decline over 3 years | -43.59% | -78.34% | +34.75% |
Max Drawdown (5Y)Largest decline over 5 years | -43.59% | -82.35% | +38.76% |
Max Drawdown (10Y)Largest decline over 10 years | -43.59% | — | — |
Current DrawdownCurrent decline from peak | -39.41% | -79.50% | +40.09% |
Average DrawdownAverage peak-to-trough decline | -29.29% | -57.75% | +28.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.20% | 52.35% | -41.15% |
Volatility
KLAC vs. DOCS - Volatility Comparison
KLA Corporation (KLAC) has a higher volatility of 22.35% compared to Doximity, Inc. (DOCS) at 10.69%. This indicates that KLAC's price experiences larger fluctuations and is considered to be riskier than DOCS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KLAC | DOCS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.35% | 10.69% | +11.66% |
Volatility (6M)Calculated over the trailing 6-month period | 51.87% | 45.39% | +6.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 59.59% | 54.64% | +4.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.07% | 67.87% | -21.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.21% | 69.45% | -26.24% |
Dividends
KLAC vs. DOCS - Dividend Comparison
KLAC's dividend yield for the trailing twelve months is around 0.44%, while DOCS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DOCS Doximity, 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 | 0.44% | 0.61% | 0.96% | 0.92% | 1.25% | 0.91% | 1.35% | 1.74% | 3.17% | 2.15% | 2.67% | 2.94% |
Financials
KLAC vs. DOCS - Financials Comparison
This section allows you to compare key financial metrics between KLA Corporation and Doximity, 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
KLAC vs. DOCS - Profitability Comparison
KLAC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, KLA Corporation reported a gross profit of 2.24B and revenue of 3.66B. Therefore, the gross margin over that period was 61.4%.
DOCS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Doximity, Inc. reported a gross profit of 125.97M and revenue of 145.37M. Therefore, the gross margin over that period was 86.7%.
KLAC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, KLA Corporation reported an operating income of 1.55B and revenue of 3.66B, resulting in an operating margin of 42.5%.
DOCS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Doximity, Inc. reported an operating income of 24.83M and revenue of 145.37M, resulting in an operating margin of 17.1%.
KLAC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, KLA Corporation reported a net income of 1.36B and revenue of 3.66B, resulting in a net margin of 37.3%.
DOCS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Doximity, Inc. reported a net income of 19.11M and revenue of 145.37M, resulting in a net margin of 13.2%.
Frequently Asked Questions
KLAC and DOCS have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KLAC has higher volatility (22.35%) compared to DOCS (10.69%). In terms of maximum drawdown, KLAC dropped -83.74% vs DOCS's -82.35%.
KLAC currently has the higher Sharpe Ratio (1.85 vs -1.18), 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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