KLAC vs. IWM
KLAC (KLA Corporation) is a stock, while IWM (iShares Russell 2000 ETF) is Small Cap Blend Equities fund tracking the Russell 2000 Index. Over the past 10 years, KLAC returned 45.08%/yr vs 11.27%/yr for IWM. A 0.60 correlation means they provide meaningful diversification when combined.
Performance
KLAC vs. IWM - 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 IWM's 19.22% return. Over the past 10 years, KLAC has outperformed IWM with an annualized return of 45.08%, while IWM has yielded a comparatively lower 11.27% annualized 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%
IWM
- 1D
- 0.87%
- 1M
- 3.64%
- YTD
- 19.22%
- 6M
- 16.00%
- 1Y
- 39.16%
- 3Y*
- 17.23%
- 5Y*
- 6.07%
- 10Y*
- 11.27%
KLAC vs. IWM - 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% |
IWM iShares Russell 2000 ETF | 19.22% | 12.66% | 11.38% | 16.83% | -20.48% | 14.54% | 20.03% | 25.39% | -11.12% | 14.58% |
Correlation
The correlation between KLAC and IWM is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since May 26, 2000 | 0.60 |
The correlation between KLAC and IWM has been stable across timeframes, ranging from 0.53 to 0.61 - a consistent structural relationship.
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Return for Risk
KLAC vs. IWM — Risk / Return Rank
KLAC
IWM
KLAC vs. IWM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KLA Corporation (KLAC) and iShares Russell 2000 ETF (IWM). 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 | IWM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.93 | ||
| Sortino ratioReturn per unit of downside risk | +1.00 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.33 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 8.66 | 3.57 | +5.09 |
| Martin ratioReturn relative to average drawdown | 27.54 | 12.63 | +14.91 |
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Drawdowns
KLAC vs. IWM - Drawdown Comparison
The maximum KLAC drawdown since its inception was -83.74%, which is greater than IWM's maximum drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for KLAC and IWM.
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Drawdown Indicators
| KLAC | IWM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.74% | -59.05% | -24.69% |
Max Drawdown (1Y)Largest decline over 1 year | -22.41% | -11.03% | -11.38% |
Max Drawdown (3Y)Largest decline over 3 years | -34.95% | -27.50% | -7.45% |
Max Drawdown (5Y)Largest decline over 5 years | -40.28% | -31.91% | -8.37% |
Max Drawdown (10Y)Largest decline over 10 years | -40.28% | -41.13% | +0.85% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -29.32% | -10.76% | -18.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.03% | 3.12% | +3.91% |
Volatility
KLAC vs. IWM - Volatility Comparison
KLA Corporation (KLAC) has a higher volatility of 22.17% compared to iShares Russell 2000 ETF (IWM) at 7.16%. This indicates that KLAC's price experiences larger fluctuations and is considered to be riskier than IWM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KLAC | IWM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.17% | 7.16% | +15.01% |
Volatility (6M)Calculated over the trailing 6-month period | 42.02% | 14.29% | +27.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.38% | 19.73% | +29.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.88% | 22.61% | +21.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.86% | 23.08% | +18.78% |
Dividends
KLAC vs. IWM - Dividend Comparison
KLAC's dividend yield for the trailing twelve months is around 0.31%, less than IWM's 0.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWM iShares Russell 2000 ETF | 0.87% | 1.04% | 1.15% | 1.35% | 1.48% | 0.94% | 1.04% | 1.26% | 1.40% | 1.26% | 1.38% | 1.54% |
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 IWM have a correlation of 0.53, 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 IWM (7.16%). In terms of maximum drawdown, KLAC dropped -83.74% vs IWM's -59.05%.
KLAC currently has the higher Sharpe Ratio (3.93 vs 1.99), 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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