KLAC vs. LRCX
KLAC (KLA Corporation) and LRCX (Lam Research Corporation) are both stocks. Both operate in the Semiconductor Equipment & Materials industry within the Technology sector. Over the past 10 years, KLAC returned 39.77%/yr vs 43.64%/yr for LRCX. Their 0.68 correlation means they have sometimes moved together and sometimes differently.
Performance
KLAC vs. LRCX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, KLAC achieves a 50.85% return, which is significantly lower than LRCX's 71.50% return. Over the past 10 years, KLAC has underperformed LRCX with an annualized return of 39.77%, while LRCX has yielded a comparatively higher 43.64% annualized return.
KLAC
- 1D
- 1.38%
- 1M
- -22.39%
- 6M
- 28.36%
- YTD
- 50.85%
- 1Y
- 107.52%
- 3Y*
- 53.92%
- 5Y*
- 40.75%
- 10Y*
- 39.77%
- ALL TIME*
- 22.49%
LRCX
- 1D
- -1.58%
- 1M
- -16.62%
- 6M
- 25.75%
- YTD
- 71.50%
- 1Y
- 205.74%
- 3Y*
- 61.40%
- 5Y*
- 37.09%
- 10Y*
- 43.64%
- ALL TIME*
- 23.67%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
KLAC KLA Corporation | $2.50B | $2.71B | $2.78B |
| $3.65B | $3.82B | $3.92B |
KLAC vs. LRCX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KLAC KLA Corporation | 50.85% | 94.48% | 9.36% | 56.05% | -11.20% | 68.05% | 47.94% | 103.99% | -12.49% | 36.80% |
LRCX Lam Research Corporation | 71.50% | 139.16% | -6.84% | 88.63% | -40.72% | 53.66% | 64.18% | 119.33% | -24.40% | 76.21% |
Correlation
The correlation between KLAC and LRCX is 0.88, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.88 |
Correlation (3Y) Balances recent behavior with more history. | 0.88 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.90 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.87 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 1990 | 0.68 |
Over the past year, KLAC and LRCX have become more correlated (0.88) than their long-term average of 0.68, meaning their price movements have been converging.
Fundamentals
KLAC:
$238.81B
LRCX:
$366.44B
KLAC:
$3.66
LRCX:
$5.75
KLAC:
49.92
LRCX:
50.95
KLAC:
3.11
LRCX:
2.88
KLAC:
17.76
LRCX:
15.93
KLAC:
37.86
LRCX:
29.63
KLAC:
$13.58B
LRCX:
$23.23B
KLAC:
$8.32B
LRCX:
$11.73B
KLAC:
$6.12B
LRCX:
$8.70B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
KLAC vs. LRCX — Risk / Return Rank
KLAC
LRCX
KLAC vs. LRCX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KLA Corporation (KLAC) and Lam Research Corporation (LRCX). 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 | LRCX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.52 | ||
| Sortino ratioReturn per unit of downside risk | -1.08 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.42 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.52 | 5.08 | -2.56 |
| Martin ratioReturn relative to average drawdown | 9.80 | 21.44 | -11.64 |
Loading charts...
Drawdowns
KLAC vs. LRCX - Drawdown Comparison
The maximum KLAC drawdown since its inception was -83.74%, roughly equal to the maximum LRCX drawdown of -87.90%. Use the drawdown chart below to compare losses from any high point for KLAC and LRCX.
Loading charts...
Drawdown Indicators
| KLAC | LRCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.74% | -87.90% | +4.16% |
Max Drawdown (1Y)Largest decline over 1 year | -43.59% | -41.76% | -1.83% |
Max Drawdown (3Y)Largest decline over 3 years | -43.59% | -47.10% | +3.51% |
Max Drawdown (5Y)Largest decline over 5 years | -43.59% | -56.39% | +12.80% |
Max Drawdown (10Y)Largest decline over 10 years | -43.59% | -56.39% | +12.80% |
Current DrawdownCurrent decline from peak | -39.41% | -32.38% | -7.03% |
Average DrawdownAverage peak-to-trough decline | -29.29% | -28.13% | -1.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.20% | 9.87% | +1.33% |
Volatility
KLAC vs. LRCX - Volatility Comparison
The current volatility for KLA Corporation (KLAC) is 22.35%, while Lam Research Corporation (LRCX) has a volatility of 27.34%. This indicates that KLAC experiences smaller price fluctuations and is considered to be less risky than LRCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| KLAC | LRCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.35% | 27.34% | -4.99% |
Volatility (6M)Calculated over the trailing 6-month period | 51.87% | 52.39% | -0.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 59.59% | 63.10% | -3.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.07% | 48.97% | -2.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.21% | 46.20% | -2.99% |
Dividends
KLAC vs. LRCX - Dividend Comparison
KLAC's dividend yield for the trailing twelve months is around 0.44%, more than LRCX's 0.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
LRCX Lam Research Corporation | 0.35% | 0.57% | 1.19% | 0.95% | 1.53% | 0.78% | 1.04% | 1.54% | 2.79% | 1.01% | 1.28% | 1.36% |
Financials
KLAC vs. LRCX - Financials Comparison
This section allows you to compare key financial metrics between KLA Corporation and Lam Research Corporation. 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. LRCX - 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%.
LRCX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Lam Research Corporation reported a gross profit of 3.48B and revenue of 6.72B. Therefore, the gross margin over that period was 51.8%.
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%.
LRCX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Lam Research Corporation reported an operating income of 2.51B and revenue of 6.72B, resulting in an operating margin of 37.4%.
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%.
LRCX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Lam Research Corporation reported a net income of 2.28B and revenue of 6.72B, resulting in a net margin of 33.9%.
Frequently Asked Questions
KLAC and LRCX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LRCX has higher volatility (27.34%) compared to KLAC (22.35%). In terms of maximum drawdown, KLAC dropped -83.74% vs LRCX's -87.90%.
LRCX currently has the higher Sharpe Ratio (3.37 vs 1.85), 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.
Find the right allocation for KLAC and LRCX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer