KLAC vs. SHLD
KLAC (KLA Corporation) is a stock, while SHLD (Global X Defense Tech ETF) is Aerospace & Defense fund tracking the Global X Defense Tech Index. Over the past year, KLAC returned 162.58% vs 8.97% for SHLD. At a 0.28 correlation, their price movements are largely independent.
Performance
KLAC vs. SHLD - Performance Comparison
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Returns By Period
In the year-to-date period, KLAC achieves a 73.94% return, which is significantly higher than SHLD's -2.65% return.
KLAC
- 1D
- 9.27%
- 1M
- 12.92%
- YTD
- 73.94%
- 6M
- 72.59%
- 1Y
- 162.58%
- 3Y*
- 66.83%
- 5Y*
- 47.83%
- 10Y*
- 42.36%
SHLD
- 1D
- 0.03%
- 1M
- -3.34%
- YTD
- -2.65%
- 6M
- -0.77%
- 1Y
- 8.97%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KLAC vs. SHLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
KLAC KLA Corporation | 73.94% | 94.48% | 9.36% | 20.53% |
SHLD Global X Defense Tech ETF | -2.65% | 74.16% | 35.03% | 12.89% |
Correlation
The correlation between KLAC and SHLD is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Sep 14, 2023 | 0.28 |
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Return for Risk
KLAC vs. SHLD — Risk / Return Rank
KLAC
SHLD
KLAC vs. SHLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KLA Corporation (KLAC) and Global X Defense Tech ETF (SHLD). 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.
| KLAC | SHLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.06 | ||
| Sortino ratioReturn per unit of downside risk | +2.68 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.08 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 7.30 | 0.45 | +6.85 |
| Martin ratioReturn relative to average drawdown | 23.22 | 1.16 | +22.06 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| KLAC | SHLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.43 | 0.37 | +3.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.11 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.02 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 1.98 | -1.53 |
Drawdowns
KLAC vs. SHLD - Drawdown Comparison
The maximum KLAC drawdown since its inception was -83.74%, which is greater than SHLD's maximum drawdown of -20.10%. Use the drawdown chart below to compare losses from any high point for KLAC and SHLD.
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Drawdown Indicators
| KLAC | SHLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.74% | -20.10% | -63.64% |
Max Drawdown (1Y)Largest decline over 1 year | -22.41% | -20.10% | -2.31% |
Max Drawdown (3Y)Largest decline over 3 years | -34.95% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -40.28% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -40.28% | — | — |
Current DrawdownCurrent decline from peak | -1.08% | -19.16% | +18.08% |
Average DrawdownAverage peak-to-trough decline | -29.34% | -3.26% | -26.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.03% | 7.78% | -0.75% |
Volatility
KLAC vs. SHLD - Volatility Comparison
KLA Corporation (KLAC) has a higher volatility of 19.61% compared to Global X Defense Tech ETF (SHLD) at 7.64%. This indicates that KLAC's price experiences larger fluctuations and is considered to be riskier than SHLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KLAC | SHLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.61% | 7.64% | +11.97% |
Volatility (6M)Calculated over the trailing 6-month period | 40.06% | 19.39% | +20.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.74% | 24.20% | +23.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.46% | 21.14% | +22.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.64% | 21.14% | +20.50% |
Dividends
KLAC vs. SHLD - Dividend Comparison
KLAC's dividend yield for the trailing twelve months is around 0.38%, less than SHLD's 0.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KLAC KLA Corporation | 0.38% | 0.61% | 0.96% | 0.92% | 1.25% | 0.91% | 1.35% | 1.74% | 3.17% | 2.15% | 2.67% | 2.94% |
SHLD Global X Defense Tech ETF | 0.56% | 0.55% | 0.53% | 0.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
KLAC and SHLD have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KLAC has higher volatility (19.61%) compared to SHLD (7.64%). In terms of maximum drawdown, KLAC dropped -83.74% vs SHLD's -20.10%.
KLAC currently has the higher Sharpe Ratio (3.43 vs 0.37), 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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