KTOS vs. ATEYY

Last updated Jun 9, 2026

KTOS (Kratos Defense & Security Solutions, Inc.) and ATEYY (Advantest Corp DRC) are both stocks. KTOS operates in Aerospace & Defense (Industrials), while ATEYY operates in Semiconductor Equipment & Materials (Technology). Over the past 10 years, KTOS returned 30.73%/yr vs 51.21%/yr for ATEYY. At a 0.21 correlation, their price movements are largely independent.

Performance

KTOS vs. ATEYY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kratos Defense & Security Solutions, Inc. (KTOS) and Advantest Corp DRC (ATEYY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KTOS achieves a -23.95% return, which is significantly lower than ATEYY's 31.02% return. Over the past 10 years, KTOS has underperformed ATEYY with an annualized return of 30.73%, while ATEYY has yielded a comparatively higher 51.21% annualized return.

KTOS

• 1D: -1.35%
• 1M: -0.28%
• YTD: -23.95%
• 6M: -25.06%
• 1Y: 42.65%
• 3Y*: 59.41%
• 5Y*: 16.85%
• 10Y*: 30.73%

ATEYY

• 1D: 7.82%
• 1M: -16.54%
• YTD: 31.02%
• 6M: 27.11%
• 1Y: 199.81%
• 3Y*: 73.30%
• 5Y*: 49.34%
• 10Y*: 51.21%

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

KTOS vs. ATEYY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KTOS Kratos Defense & Security Solutions, Inc.	-23.95%	187.76%	30.01%	96.61%	-46.80%	-29.27%	52.30%	27.82%	33.05%	43.11%
ATEYY Advantest Corp DRC	31.02%	122.70%	68.99%	111.43%	-33.43%	27.37%	30.96%	176.84%	12.51%	12.66%

Correlation

The correlation between KTOS and ATEYY is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (5Y) Calculated over the trailing 5-year period	0.27
Correlation (10Y) Calculated over the trailing 10-year period	0.21
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016	0.21

Fundamentals

Market Cap KTOS : $10.36B ATEYY : $120.75B
EPS KTOS : $0.17 ATEYY : $520.21
PE Ratio KTOS : 335.24 ATEYY : 0.32
PEG Ratio KTOS : 3.89 ATEYY : 0.00
PS Ratio KTOS : 6.96 ATEYY : 0.11
PB Ratio KTOS : 3.04 ATEYY : 0.15
Total Revenue (TTM) KTOS : $1.42B ATEYY : $1.14T
Gross Profit (TTM) KTOS : $259.40M ATEYY : $736.09B
EBITDA (TTM) KTOS : $78.30M ATEYY : $533.69B

Return for Risk

KTOS vs. ATEYY — Risk / Return Rank

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

KTOS

KTOS Risk / Return Rank: 60
KTOS Sharpe Ratio Rank: 62
KTOS Sortino Ratio Rank: 62
KTOS Omega Ratio Rank: 59
KTOS Calmar Ratio Rank: 58
KTOS Martin Ratio Rank: 57

ATEYY

ATEYY Risk / Return Rank: 92
ATEYY Sharpe Ratio Rank: 95
ATEYY Sortino Ratio Rank: 91
ATEYY Omega Ratio Rank: 89
ATEYY Calmar Ratio Rank: 94
ATEYY Martin Ratio Rank: 94

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.

KTOS vs. ATEYY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kratos Defense & Security Solutions, Inc. (KTOS) and Advantest Corp DRC (ATEYY). 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.

	KTOS	ATEYY	Difference
Sharpe ratio: Return per unit of total volatility	0.60	2.96	-2.37
Sortino ratio: Return per unit of downside risk	1.28	3.19	-1.91
Omega ratio: Gain probability vs. loss probability	1.15	1.39	-0.24
Calmar ratio: Return relative to maximum drawdown	0.71	6.05	-5.34
Martin ratio: Return relative to average drawdown	1.47	16.62	-15.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KTOS vs. ATEYY - Sharpe Ratio Comparison

The current KTOS Sharpe Ratio is 0.60, which is lower than the ATEYY Sharpe Ratio of 2.96. The chart below compares the historical Sharpe Ratios of KTOS and ATEYY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	KTOS	ATEYY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.60	2.96	-2.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	0.94	-0.62
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.61	1.07	-0.46
Sharpe Ratio (All Time) Calculated using the full available price history	-0.14	1.13	-1.26

Drawdowns

KTOS vs. ATEYY - Drawdown Comparison

The maximum KTOS drawdown since its inception was -99.81%, which is greater than ATEYY's maximum drawdown of -56.48%. Use the drawdown chart below to compare losses from any high point for KTOS and ATEYY.

Drawdown Indicators

	KTOS	ATEYY	Difference
Max Drawdown Largest peak-to-trough decline	-99.81%	-56.48%	-43.33%
Max Drawdown (1Y) Largest decline over 1 year	-60.15%	-33.24%	-26.91%
Max Drawdown (3Y) Largest decline over 3 years	-60.15%	-44.70%	-15.45%
Max Drawdown (5Y) Largest decline over 5 years	-69.39%	-56.48%	-12.91%
Max Drawdown (10Y) Largest decline over 10 years	-72.74%	-56.48%	-16.26%
Current Drawdown Current decline from peak	-96.34%	-16.54%	-79.80%
Average Drawdown Average peak-to-trough decline	-95.94%	-14.23%	-81.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	29.04%	12.08%	+16.96%

Volatility

KTOS vs. ATEYY - Volatility Comparison

Kratos Defense & Security Solutions, Inc. (KTOS) has a higher volatility of 23.93% compared to Advantest Corp DRC (ATEYY) at 21.85%. This indicates that KTOS's price experiences larger fluctuations and is considered to be riskier than ATEYY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KTOS	ATEYY	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.93%	21.85%	+2.08%
Volatility (6M) Calculated over the trailing 6-month period	56.47%	51.89%	+4.58%
Volatility (1Y) Calculated over the trailing 1-year period	71.96%	68.01%	+3.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.22%	52.61%	-0.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.78%	48.23%	+2.55%

Dividends

KTOS vs. ATEYY - Dividend Comparison

Neither KTOS nor ATEYY has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ATEYY Advantest Corp DRC	0.00%	0.11%	0.22%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.18%	1.24%
KTOS Kratos Defense & Security Solutions, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

KTOS vs. ATEYY - Profitability Comparison

The chart below illustrates the profitability comparison between Kratos Defense & Security Solutions, Inc. and Advantest Corp DRC over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

KTOS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kratos Defense & Security Solutions, Inc. reported a gross profit of 34.70M and revenue of 371.00M. Therefore, the gross margin over that period was 9.4%.

ATEYY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Advantest Corp DRC reported a gross profit of 225.18B and revenue of 334.10B. Therefore, the gross margin over that period was 67.4%.

KTOS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kratos Defense & Security Solutions, Inc. reported an operating income of 4.70M and revenue of 371.00M, resulting in an operating margin of 1.3%.

ATEYY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Advantest Corp DRC reported an operating income of 156.38B and revenue of 334.10B, resulting in an operating margin of 46.8%.

KTOS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kratos Defense & Security Solutions, Inc. reported a net income of 11.90M and revenue of 371.00M, resulting in a net margin of 3.2%.

ATEYY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Advantest Corp DRC reported a net income of 129.16B and revenue of 334.10B, resulting in a net margin of 38.7%.

Frequently Asked Questions

Can I hold both KTOS and ATEYY in my portfolio?

KTOS and ATEYY have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KTOS or ATEYY?

KTOS has higher volatility (23.93%) compared to ATEYY (21.85%). In terms of maximum drawdown, KTOS dropped -99.81% vs ATEYY's -56.48%.

Which has better risk-adjusted returns?

ATEYY currently has the higher Sharpe Ratio (2.96 vs 0.60), 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.