Correlation
The correlation between KLAC and ONTO is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
KLAC vs. ONTO
Compare and contrast key facts about KLA Corporation (KLAC) and Onto Innovation Inc. (ONTO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KLAC or ONTO.
Performance
KLAC vs. ONTO - Performance Comparison
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Key characteristics
KLAC:
0.02
ONTO:
-0.80
KLAC:
0.35
ONTO:
-1.11
KLAC:
1.05
ONTO:
0.85
KLAC:
0.01
ONTO:
-0.94
KLAC:
0.01
ONTO:
-1.94
KLAC:
19.11%
ONTO:
30.60%
KLAC:
49.51%
ONTO:
72.77%
KLAC:
-83.74%
ONTO:
-98.56%
KLAC:
-12.46%
ONTO:
-60.07%
Fundamentals
KLAC:
$104.35B
ONTO:
$4.69B
KLAC:
$27.06
ONTO:
$4.31
KLAC:
28.73
ONTO:
21.72
KLAC:
1.47
ONTO:
0.63
KLAC:
9.03
ONTO:
4.58
KLAC:
25.67
ONTO:
2.38
KLAC:
$11.55B
ONTO:
$1.03B
KLAC:
$7.03B
ONTO:
$527.85M
KLAC:
$4.88B
ONTO:
$254.63M
Returns By Period
In the year-to-date period, KLAC achieves a 23.40% return, which is significantly higher than ONTO's -42.98% return. Over the past 10 years, KLAC has outperformed ONTO with an annualized return of 31.68%, while ONTO has yielded a comparatively lower 19.49% annualized return.
KLAC
23.40%
12.77%
23.01%
1.14%
29.14%
36.06%
31.68%
ONTO
-42.98%
-22.28%
-40.98%
-58.07%
4.94%
25.05%
19.49%
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Risk-Adjusted Performance
KLAC vs. ONTO — Risk-Adjusted Performance Rank
KLAC
ONTO
KLAC vs. ONTO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for KLA Corporation (KLAC) and Onto Innovation Inc. (ONTO). 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.
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Dividends
KLAC vs. ONTO - Dividend Comparison
KLAC's dividend yield for the trailing twelve months is around 0.87%, while ONTO has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KLAC KLA Corporation | 0.87% | 0.96% | 0.92% | 1.25% | 0.91% | 1.35% | 1.74% | 3.17% | 2.15% | 2.67% | 2.94% | 26.17% |
ONTO Onto Innovation Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
KLAC vs. ONTO - Drawdown Comparison
The maximum KLAC drawdown since its inception was -83.74%, smaller than the maximum ONTO drawdown of -98.56%. Use the drawdown chart below to compare losses from any high point for KLAC and ONTO.
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Volatility
KLAC vs. ONTO - Volatility Comparison
The current volatility for KLA Corporation (KLAC) is 12.57%, while Onto Innovation Inc. (ONTO) has a volatility of 39.50%. This indicates that KLAC experiences smaller price fluctuations and is considered to be less risky than ONTO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
KLAC vs. ONTO - Financials Comparison
This section allows you to compare key financial metrics between KLA Corporation and Onto Innovation Inc.. 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. ONTO - Profitability Comparison
KLAC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, KLA Corporation reported a gross profit of 1.89B and revenue of 3.06B. Therefore, the gross margin over that period was 61.6%.
ONTO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Onto Innovation Inc. reported a gross profit of 143.23M and revenue of 266.61M. Therefore, the gross margin over that period was 53.7%.
KLAC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, KLA Corporation reported an operating income of 1.30B and revenue of 3.06B, resulting in an operating margin of 42.5%.
ONTO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Onto Innovation Inc. reported an operating income of 63.13M and revenue of 266.61M, resulting in an operating margin of 23.7%.
KLAC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, KLA Corporation reported a net income of 1.09B and revenue of 3.06B, resulting in a net margin of 35.5%.
ONTO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Onto Innovation Inc. reported a net income of 64.10M and revenue of 266.61M, resulting in a net margin of 24.0%.