KLAR vs. AFRM

Last updated Jun 3, 2026

KLAR (Klarna Group PLC) and AFRM (Affirm Holdings, Inc.) are both stocks. Both are in the Technology sector — KLAR in Software - Infrastructure, AFRM in Information Technology Services. A 0.61 correlation means they provide meaningful diversification when combined.

Performance

KLAR vs. AFRM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Klarna Group PLC (KLAR) and Affirm Holdings, Inc. (AFRM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KLAR achieves a -39.40% return, which is significantly lower than AFRM's -4.59% return.

KLAR

• 1D: -2.12%
• 1M: 20.41%
• YTD: -39.40%
• 6M: -41.64%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AFRM

• 1D: -2.61%
• 1M: 5.14%
• YTD: -4.59%
• 6M: 5.95%
• 1Y: 34.23%
• 3Y*: 65.38%
• 5Y*: 2.34%
• 10Y*: —

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

KLAR vs. AFRM - Yearly Performance Comparison

	2026 (YTD)	2025
KLAR Klarna Group PLC	-39.40%	-36.91%
AFRM Affirm Holdings, Inc.	-4.59%	-12.30%

Correlation

The correlation between KLAR and AFRM is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 11, 2025	0.61

Fundamentals

Market Cap KLAR : $6.62B AFRM : $24.72B
EPS KLAR : -$0.53 AFRM : $1.10
PS Ratio KLAR : 1.73 AFRM : 7.70
PB Ratio KLAR : 2.69 AFRM : 6.53
Total Revenue (TTM) KLAR : $3.82B AFRM : $3.20B
Gross Profit (TTM) KLAR : $2.11B AFRM : $2.00B
EBITDA (TTM) KLAR : $123.00M AFRM : $908.84M

Return for Risk

KLAR vs. AFRM — Risk / Return Rank

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

AFRM

AFRM Risk / Return Rank: 56
AFRM Sharpe Ratio Rank: 59
AFRM Sortino Ratio Rank: 57
AFRM Omega Ratio Rank: 55
AFRM Calmar Ratio Rank: 56
AFRM Martin Ratio Rank: 55

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.

KLAR vs. AFRM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Klarna Group PLC (KLAR) and Affirm Holdings, Inc. (AFRM). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	KLAR	AFRM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.57	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.02	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.02	-0.06	-0.96

Drawdowns

KLAR vs. AFRM - Drawdown Comparison

The maximum KLAR drawdown since its inception was -73.22%, smaller than the maximum AFRM drawdown of -94.71%. Use the drawdown chart below to compare losses from any high point for KLAR and AFRM.

Drawdown Indicators

	KLAR	AFRM	Difference
Max Drawdown Largest peak-to-trough decline	-73.22%	-94.71%	+21.49%
Max Drawdown (1Y) Largest decline over 1 year	—	-53.86%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-55.85%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-94.71%	—
Current Drawdown Current decline from peak	-61.76%	-57.86%	-3.90%
Average Drawdown Average peak-to-trough decline	-44.36%	-68.74%	+24.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	26.56%	—

Volatility

Volatility by Period

	KLAR	AFRM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	14.11%	—
Volatility (6M) Calculated over the trailing 6-month period	—	42.34%	—
Volatility (1Y) Calculated over the trailing 1-year period	72.40%	60.17%	+12.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	72.40%	96.25%	-23.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.40%	95.57%	-23.17%

Dividends

KLAR vs. AFRM - Dividend Comparison

Neither KLAR nor AFRM has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

KLAR vs. AFRM - Profitability Comparison

The chart below illustrates the profitability comparison between Klarna Group PLC and Affirm Holdings, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

KLAR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Klarna Group PLC reported a gross profit of 573.00M and revenue of 1.01B. Therefore, the gross margin over that period was 56.6%.

AFRM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Affirm Holdings, Inc. reported a gross profit of 0.00 and revenue of 268.03M. Therefore, the gross margin over that period was 0.0%.

KLAR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Klarna Group PLC reported an operating income of 17.00M and revenue of 1.01B, resulting in an operating margin of 1.7%.

AFRM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Affirm Holdings, Inc. reported an operating income of 88.43M and revenue of 268.03M, resulting in an operating margin of 33.0%.

KLAR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Klarna Group PLC reported a net income of -5.00M and revenue of 1.01B, resulting in a net margin of -0.5%.

AFRM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Affirm Holdings, Inc. reported a net income of 102.90M and revenue of 268.03M, resulting in a net margin of 38.4%.

Frequently Asked Questions

Can I hold both KLAR and AFRM in my portfolio?

KLAR and AFRM have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.