KLAC vs. IGV
KLAC (KLA Corporation) is a stock, while IGV (iShares Expanded Tech-Software Sector ETF) is Technology Equities fund tracking the S&P North American Expanded Technology Software Index. Over the past 10 years, KLAC returned 45.08%/yr vs 15.87%/yr for IGV. A 0.62 correlation means they provide meaningful diversification when combined.
Performance
KLAC vs. IGV - 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 IGV's -14.18% return. Over the past 10 years, KLAC has outperformed IGV with an annualized return of 45.08%, while IGV has yielded a comparatively lower 15.87% annualized return.
KLAC
- 1D
- 5.55%
- 1M
- 41.25%
- YTD
- 110.02%
- 6M
- 113.75%
- 1Y
- 195.25%
- 3Y*
- 75.88%
- 5Y*
- 52.93%
- 10Y*
- 45.08%
IGV
- 1D
- -0.24%
- 1M
- -1.18%
- YTD
- -14.18%
- 6M
- -16.00%
- 1Y
- -14.65%
- 3Y*
- 10.04%
- 5Y*
- 3.91%
- 10Y*
- 15.87%
KLAC vs. IGV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KLAC KLA Corporation | 110.02% | 94.48% | 9.36% | 56.05% | -11.20% | 68.05% | 47.94% | 103.99% | -12.49% | 36.80% |
IGV iShares Expanded Tech-Software Sector ETF | -14.18% | 5.56% | 23.41% | 58.56% | -35.65% | 12.30% | 52.86% | 34.33% | 12.44% | 42.16% |
Correlation
The correlation between KLAC and IGV is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2001 | 0.62 |
Over the past year, the correlation between KLAC and IGV has dropped to 0.21 - well below their long-term average of 0.62, suggesting their price drivers have been diverging.
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Return for Risk
KLAC vs. IGV — Risk / Return Rank
KLAC
IGV
KLAC vs. IGV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KLA Corporation (KLAC) and iShares Expanded Tech-Software Sector ETF (IGV). 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 | IGV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.48 | ||
| Sortino ratioReturn per unit of downside risk | +4.36 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 0.93 | +0.62 |
| Calmar ratioReturn relative to maximum drawdown | 8.66 | -0.42 | +9.08 |
| Martin ratioReturn relative to average drawdown | 27.54 | -0.87 | +28.41 |
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Drawdowns
KLAC vs. IGV - Drawdown Comparison
The maximum KLAC drawdown since its inception was -83.74%, which is greater than IGV's maximum drawdown of -63.45%. Use the drawdown chart below to compare losses from any high point for KLAC and IGV.
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Drawdown Indicators
| KLAC | IGV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.74% | -63.45% | -20.29% |
Max Drawdown (1Y)Largest decline over 1 year | -22.41% | -36.61% | +14.20% |
Max Drawdown (3Y)Largest decline over 3 years | -34.95% | -36.61% | +1.66% |
Max Drawdown (5Y)Largest decline over 5 years | -40.28% | -45.85% | +5.57% |
Max Drawdown (10Y)Largest decline over 10 years | -40.28% | -45.85% | +5.57% |
Current DrawdownCurrent decline from peak | 0.00% | -23.00% | +23.00% |
Average DrawdownAverage peak-to-trough decline | -29.32% | -14.45% | -14.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.03% | 17.55% | -10.52% |
Volatility
KLAC vs. IGV - Volatility Comparison
KLA Corporation (KLAC) has a higher volatility of 22.17% compared to iShares Expanded Tech-Software Sector ETF (IGV) at 12.57%. This indicates that KLAC's price experiences larger fluctuations and is considered to be riskier than IGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KLAC | IGV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.17% | 12.57% | +9.60% |
Volatility (6M)Calculated over the trailing 6-month period | 42.02% | 24.80% | +17.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.38% | 28.06% | +21.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.88% | 27.92% | +15.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.86% | 26.39% | +15.47% |
Dividends
KLAC vs. IGV - Dividend Comparison
KLAC's dividend yield for the trailing twelve months is around 0.31%, while IGV has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGV iShares Expanded Tech-Software Sector ETF | 0.00% | 0.00% | 0.00% | 0.01% | 0.01% | 0.00% | 0.35% | 0.02% | 0.16% | 0.09% | 0.82% | 0.22% |
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 IGV have a correlation of 0.21, 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 IGV (12.57%). In terms of maximum drawdown, KLAC dropped -83.74% vs IGV's -63.45%.
KLAC currently has the higher Sharpe Ratio (3.93 vs -0.55), 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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