KLAC vs. XOVR

Last updated Jun 13, 2026

KLAC (KLA Corporation) is a stock, while XOVR (ERShares Entrepreneur Private-Public Crossover ETF) is Large Cap Growth Equities fund tracking the ER30TR Index. Over the past 5 years, KLAC returned 52.93%/yr vs 5.40%/yr for XOVR. A 0.62 correlation means they provide meaningful diversification when combined.

Performance

KLAC vs. XOVR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KLA Corporation (KLAC) and ERShares Entrepreneur Private-Public Crossover ETF (XOVR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KLAC achieves a 110.02% return, which is significantly higher than XOVR's -0.89% 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%

XOVR

• 1D: -0.70%
• 1M: 5.78%
• YTD: -0.89%
• 6M: 0.05%
• 1Y: 8.89%
• 3Y*: 17.94%
• 5Y*: 5.40%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

KLAC vs. XOVR - 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%	-1.69%
XOVR ERShares Entrepreneur Private-Public Crossover ETF	-0.89%	11.83%	33.21%	51.89%	-41.09%	-7.24%	50.39%	31.72%	-5.02%	1.54%

Correlation

The correlation between KLAC and XOVR is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.57
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (All Time) Calculated using the full available price history since Nov 8, 2017	0.62

Over the past year, the correlation between KLAC and XOVR has dropped to 0.40 - well below their long-term average of 0.62, suggesting their price drivers have been diverging.

Return for Risk

KLAC vs. XOVR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KLAC

KLAC Risk / Return Rank: 96
KLAC Sharpe Ratio Rank: 98
KLAC Sortino Ratio Rank: 95
KLAC Omega Ratio Rank: 95
KLAC Calmar Ratio Rank: 97
KLAC Martin Ratio Rank: 98

XOVR

XOVR Risk / Return Rank: 15
XOVR Sharpe Ratio Rank: 17
XOVR Sortino Ratio Rank: 16
XOVR Omega Ratio Rank: 16
XOVR Calmar Ratio Rank: 14
XOVR Martin Ratio Rank: 14

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KLAC vs. XOVR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KLA Corporation (KLAC) and ERShares Entrepreneur Private-Public Crossover ETF (XOVR). 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	XOVR	Difference
Sharpe ratio: Return per unit of total volatility	3.93	0.42	+3.51
Sortino ratio: Return per unit of downside risk	3.75	0.72	+3.03
Omega ratio: Gain probability vs. loss probability	1.54	1.09	+0.46
Calmar ratio: Return relative to maximum drawdown	8.66	0.37	+8.29
Martin ratio: Return relative to average drawdown	27.54	0.81	+26.73

KLAC vs. XOVR - Sharpe Ratio Comparison

The current KLAC Sharpe Ratio is 3.93, which is higher than the XOVR Sharpe Ratio of 0.42. The chart below compares the historical Sharpe Ratios of KLAC and XOVR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

KLAC vs. XOVR - Drawdown Comparison

The maximum KLAC drawdown since its inception was -83.74%, which is greater than XOVR's maximum drawdown of -56.28%. Use the drawdown chart below to compare losses from any high point for KLAC and XOVR.

Drawdown Indicators

	KLAC	XOVR	Difference
Max Drawdown Largest peak-to-trough decline	-83.74%	-56.28%	-27.46%
Max Drawdown (1Y) Largest decline over 1 year	-22.41%	-24.32%	+1.91%
Max Drawdown (3Y) Largest decline over 3 years	-34.95%	-25.23%	-9.72%
Max Drawdown (5Y) Largest decline over 5 years	-40.28%	-49.35%	+9.07%
Max Drawdown (10Y) Largest decline over 10 years	-40.28%	—	—
Current Drawdown Current decline from peak	0.00%	-8.06%	+8.06%
Average Drawdown Average peak-to-trough decline	-29.32%	-18.37%	-10.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.03%	11.02%	-3.99%

Volatility

KLAC vs. XOVR - Volatility Comparison

KLA Corporation (KLAC) has a higher volatility of 22.17% compared to ERShares Entrepreneur Private-Public Crossover ETF (XOVR) at 8.27%. This indicates that KLAC's price experiences larger fluctuations and is considered to be riskier than XOVR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KLAC	XOVR	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.17%	8.27%	+13.90%
Volatility (6M) Calculated over the trailing 6-month period	42.02%	16.23%	+25.79%
Volatility (1Y) Calculated over the trailing 1-year period	49.38%	21.11%	+28.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.88%	26.31%	+17.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.86%	26.93%	+14.93%

Dividends

KLAC vs. XOVR - Dividend Comparison

KLAC's dividend yield for the trailing twelve months is around 0.31%, while XOVR has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
XOVR ERShares Entrepreneur Private-Public Crossover ETF	0.00%	0.00%	0.00%	0.00%	0.00%	57.75%	6.31%	0.08%	3.71%	0.08%	0.00%	0.00%

Frequently Asked Questions

Can I hold both KLAC and XOVR in my portfolio?

KLAC and XOVR have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KLAC or XOVR?

KLAC has higher volatility (22.17%) compared to XOVR (8.27%). In terms of maximum drawdown, KLAC dropped -83.74% vs XOVR's -56.28%.

Which has better risk-adjusted returns?

KLAC currently has the higher Sharpe Ratio (3.93 vs 0.42), 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.