KLAC vs. MOD
KLAC (KLA Corporation) and MOD (Modine Manufacturing Company) are both stocks. KLAC operates in Semiconductor Equipment & Materials (Technology), while MOD operates in Auto Parts (Consumer Cyclical). Over the past 10 years, KLAC returned 41.50%/yr vs 37.53%/yr for MOD. At a 0.31 correlation, their price movements are largely independent.
Performance
KLAC vs. MOD - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with KLAC having a 71.29% return and MOD slightly lower at 70.68%. Over the past 10 years, KLAC has outperformed MOD with an annualized return of 41.50%, while MOD has yielded a comparatively lower 37.53% annualized return.
KLAC
- 1D
- -2.42%
- 1M
- -20.02%
- 6M
- 32.75%
- YTD
- 71.29%
- 1Y
- 124.39%
- 3Y*
- 66.84%
- 5Y*
- 47.12%
- 10Y*
- 41.50%
- ALL TIME*
- 22.94%
MOD
- 1D
- -0.64%
- 1M
- -23.37%
- 6M
- 66.48%
- YTD
- 70.68%
- 1Y
- 133.10%
- 3Y*
- 83.92%
- 5Y*
- 68.96%
- 10Y*
- 37.53%
- ALL TIME*
- 10.69%
KLAC vs. MOD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KLAC KLA Corporation | 71.29% | 94.48% | 9.36% | 56.05% | -11.20% | 68.05% | 47.94% | 103.99% | -12.49% | 36.80% |
MOD Modine Manufacturing Company | 70.68% | 15.16% | 94.19% | 200.60% | 96.83% | -19.67% | 63.12% | -28.77% | -46.49% | 35.57% |
Correlation
The correlation between KLAC and MOD is 0.51, 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 | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 1990 | 0.31 |
Over the past year, KLAC and MOD have become more correlated (0.51) than their long-term average of 0.31, meaning their price movements have been converging.
Fundamentals
KLAC:
$271.18B
MOD:
$12.10B
KLAC:
$35.32
MOD:
$4.66
KLAC:
5.88
MOD:
48.86
KLAC:
0.22
MOD:
3.15
KLAC:
2.10
MOD:
3.83
KLAC:
4.70
MOD:
10.23
KLAC:
$13.10B
MOD:
$3.18B
KLAC:
$8.09B
MOD:
$731.10M
KLAC:
$5.77B
MOD:
$276.90M
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. MOD — Risk / Return Rank
KLAC
MOD
KLAC vs. MOD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KLA Corporation (KLAC) and Modine Manufacturing Company (MOD). 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 | MOD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.21 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.32 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 4.01 | 4.86 | -0.85 |
| Martin ratioReturn relative to average drawdown | 13.67 | 12.12 | +1.54 |
Loading charts...
Drawdowns
KLAC vs. MOD - Drawdown Comparison
The maximum KLAC drawdown since its inception was -83.74%, smaller than the maximum MOD drawdown of -97.53%. Use the drawdown chart below to compare losses from any high point for KLAC and MOD.
Loading charts...
Drawdown Indicators
| KLAC | MOD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.74% | -97.53% | +13.79% |
Max Drawdown (1Y)Largest decline over 1 year | -31.19% | -27.55% | -3.64% |
Max Drawdown (3Y)Largest decline over 3 years | -34.95% | -51.61% | +16.66% |
Max Drawdown (5Y)Largest decline over 5 years | -40.28% | -54.27% | +13.99% |
Max Drawdown (10Y)Largest decline over 10 years | -40.28% | -88.13% | +47.85% |
Current DrawdownCurrent decline from peak | -31.19% | -25.75% | -5.44% |
Average DrawdownAverage peak-to-trough decline | -29.28% | -37.60% | +8.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.14% | 11.03% | -1.89% |
Volatility
KLAC vs. MOD - Volatility Comparison
KLA Corporation (KLAC) has a higher volatility of 30.24% compared to Modine Manufacturing Company (MOD) at 18.86%. This indicates that KLAC's price experiences larger fluctuations and is considered to be riskier than MOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| KLAC | MOD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 30.24% | 18.86% | +11.38% |
Volatility (6M)Calculated over the trailing 6-month period | 49.98% | 50.77% | -0.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.81% | 68.35% | -10.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.80% | 60.64% | -14.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.94% | 58.97% | -16.03% |
Dividends
KLAC vs. MOD - Dividend Comparison
KLAC's dividend yield for the trailing twelve months is around 0.39%, while MOD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KLAC KLA Corporation | 0.39% | 0.61% | 0.96% | 0.92% | 1.25% | 0.91% | 1.35% | 1.74% | 3.17% | 2.15% | 2.67% | 2.94% |
MOD Modine Manufacturing Company | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
KLAC vs. MOD - Financials Comparison
This section allows you to compare key financial metrics between KLA Corporation and Modine Manufacturing Company. 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. MOD - Profitability Comparison
KLAC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, KLA Corporation reported a gross profit of 2.09B and revenue of 3.42B. Therefore, the gross margin over that period was 61.1%.
MOD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Modine Manufacturing Company reported a gross profit of 214.70M and revenue of 954.40M. Therefore, the gross margin over that period was 22.5%.
KLAC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, KLA Corporation reported an operating income of 1.41B and revenue of 3.42B, resulting in an operating margin of 41.2%.
MOD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Modine Manufacturing Company reported an operating income of 96.40M and revenue of 954.40M, resulting in an operating margin of 10.1%.
KLAC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, KLA Corporation reported a net income of 1.20B and revenue of 3.42B, resulting in a net margin of 35.2%.
MOD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Modine Manufacturing Company reported a net income of 201.50M and revenue of 954.40M, resulting in a net margin of 21.1%.
Frequently Asked Questions
KLAC and MOD have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KLAC has higher volatility (30.24%) compared to MOD (18.86%). In terms of maximum drawdown, KLAC dropped -83.74% vs MOD's -97.53%.
KLAC currently has the higher Sharpe Ratio (2.17 vs 1.96), 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 MOD
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