KLAC vs. IBIT
KLAC (KLA Corporation) is a stock, while IBIT (iShares Bitcoin Trust ETF) is Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Over the past year, KLAC returned 192.78% vs -40.63% for IBIT. At a 0.28 correlation, their price movements are largely independent.
Performance
KLAC vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, KLAC achieves a 110.02% return, which is significantly higher than IBIT's -27.41% return.
KLAC
- 1D
- 5.55%
- 1M
- 37.79%
- YTD
- 110.02%
- 6M
- 113.75%
- 1Y
- 192.78%
- 3Y*
- 75.88%
- 5Y*
- 52.93%
- 10Y*
- 45.08%
IBIT
- 1D
- -0.03%
- 1M
- -20.12%
- YTD
- -27.41%
- 6M
- -29.61%
- 1Y
- -40.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KLAC vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
KLAC KLA Corporation | 110.02% | 94.48% | 14.32% |
IBIT iShares Bitcoin Trust ETF | -27.41% | -6.41% | 89.87% |
Correlation
The correlation between KLAC and IBIT is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.28 |
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Return for Risk
KLAC vs. IBIT — Risk / Return Rank
KLAC
IBIT
KLAC vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KLA Corporation (KLAC) and iShares Bitcoin Trust ETF (IBIT). 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 | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.85 | ||
| Sortino ratioReturn per unit of downside risk | +5.05 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 0.85 | +0.69 |
| Calmar ratioReturn relative to maximum drawdown | 8.66 | -0.78 | +9.44 |
| Martin ratioReturn relative to average drawdown | 27.54 | -1.37 | +28.91 |
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Drawdowns
KLAC vs. IBIT - Drawdown Comparison
The maximum KLAC drawdown since its inception was -83.74%, which is greater than IBIT's maximum drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for KLAC and IBIT.
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Drawdown Indicators
| KLAC | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.74% | -52.11% | -31.63% |
Max Drawdown (1Y)Largest decline over 1 year | -22.41% | -52.11% | +29.70% |
Max Drawdown (3Y)Largest decline over 3 years | -34.95% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -40.28% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -40.28% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -49.45% | +49.45% |
Average DrawdownAverage peak-to-trough decline | -29.32% | -16.53% | -12.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.03% | 29.64% | -22.61% |
Volatility
KLAC vs. IBIT - Volatility Comparison
KLA Corporation (KLAC) has a higher volatility of 22.17% compared to iShares Bitcoin Trust ETF (IBIT) at 12.07%. This indicates that KLAC's price experiences larger fluctuations and is considered to be riskier than IBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KLAC | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.17% | 12.07% | +10.10% |
Volatility (6M)Calculated over the trailing 6-month period | 42.02% | 34.45% | +7.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.38% | 44.10% | +5.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.88% | 50.26% | -6.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.86% | 50.26% | -8.40% |
Dividends
KLAC vs. IBIT - Dividend Comparison
KLAC's dividend yield for the trailing twelve months is around 0.31%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBIT iShares Bitcoin Trust ETF | 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 | 0.31% | 0.61% | 0.96% | 0.92% | 1.25% | 0.91% | 1.35% | 1.74% | 3.17% | 2.15% | 2.67% | 2.94% |
Frequently Asked Questions
KLAC and IBIT have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KLAC has higher volatility (22.17%) compared to IBIT (12.07%). In terms of maximum drawdown, KLAC dropped -83.74% vs IBIT's -52.11%.
KLAC currently has the higher Sharpe Ratio (3.93 vs -0.92), 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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