KLXE vs. DRAM

Last updated Jun 23, 2026

KLXE (KLX Energy Services Holdings, Inc.) is a stock, while DRAM (Roundhill Memory ETF) is Technology Equities fund actively managed by Roundhill. At a correlation of -0.06, they often move in opposite directions.

Performance

KLXE vs. DRAM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KLX Energy Services Holdings, Inc. (KLXE) and Roundhill Memory ETF (DRAM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

KLXE

• 1D: -3.25%
• 1M: -27.12%
• YTD: 17.99%
• 6M: 31.95%
• 1Y: -3.04%
• 3Y*: -37.21%
• 5Y*: -26.15%
• 10Y*: —

DRAM

• 1D: 5.23%
• 1M: 52.82%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KLXE vs. DRAM - Yearly Performance Comparison

	2026 (YTD)
KLXE KLX Energy Services Holdings, Inc.	-7.47%
DRAM Roundhill Memory ETF	198.96%

Correlation

The correlation between KLXE and DRAM is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 2, 2026	-0.06

Return for Risk

KLXE vs. DRAM — Risk / Return Rank

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

KLXE

KLXE Risk / Return Rank: 43
KLXE Sharpe Ratio Rank: 41
KLXE Sortino Ratio Rank: 48
KLXE Omega Ratio Rank: 44
KLXE Calmar Ratio Rank: 40
KLXE Martin Ratio Rank: 40

DRAM

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

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.

KLXE vs. DRAM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KLX Energy Services Holdings, Inc. (KLXE) and Roundhill Memory ETF (DRAM). 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.

	KLXE	DRAM	Difference
Sharpe ratio: Return per unit of total volatility	-0.03	—	—
Sortino ratio: Return per unit of downside risk	0.66	—	—
Omega ratio: Gain probability vs. loss probability	1.07	—	—
Calmar ratio: Return relative to maximum drawdown	-0.06	—	—
Martin ratio: Return relative to average drawdown	-0.16	—	—

Drawdowns

KLXE vs. DRAM - Drawdown Comparison

The maximum KLXE drawdown since its inception was -99.11%, which is greater than DRAM's maximum drawdown of -19.97%. Use the drawdown chart below to compare losses from any high point for KLXE and DRAM.

Drawdown Indicators

	KLXE	DRAM	Difference
Max Drawdown Largest peak-to-trough decline	-99.11%	-19.97%	-79.14%
Max Drawdown (1Y) Largest decline over 1 year	-47.78%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-87.64%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-91.22%	—	—
Current Drawdown Current decline from peak	-98.71%	0.00%	-98.71%
Average Drawdown Average peak-to-trough decline	-86.69%	-2.89%	-83.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.96%	—	—

Volatility

Volatility by Period

	KLXE	DRAM	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.63%	—	—
Volatility (6M) Calculated over the trailing 6-month period	77.49%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	93.04%	87.28%	+5.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	90.36%	87.28%	+3.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	99.39%	87.28%	+12.11%

Dividends

KLXE vs. DRAM - Dividend Comparison

Neither KLXE nor DRAM has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both KLXE and DRAM in my portfolio?

KLXE and DRAM have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.