KXIAY vs. SNDK

Last updated Jul 11, 2026

KXIAY (Kioxia Holdings Corporation ADR) and SNDK (Sandisk Corporation) are both stocks. Both are in the Technology sector — KXIAY in Semiconductors, SNDK in Computer Hardware. Their correlation of 0.84 suggests significant overlap in exposure.

Performance

KXIAY vs. SNDK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kioxia Holdings Corporation ADR (KXIAY) and Sandisk Corporation (SNDK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

KXIAY

• 1D: -4.51%
• 1M: -7.67%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SNDK

• 1D: 3.10%
• 1M: -3.24%
• 6M: 407.65%
• YTD: 707.11%
• 1Y: 4,056.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KXIAY vs. SNDK - Yearly Performance Comparison

	2026 (YTD)
KXIAY Kioxia Holdings Corporation ADR	33.56%
SNDK Sandisk Corporation	24.23%

Correlation

The correlation between KXIAY and SNDK is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 22, 2026	0.84

Return for Risk

KXIAY vs. SNDK — Risk / Return Rank

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

KXIAY

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

SNDK

SNDK Risk / Return Rank: 100
SNDK Sharpe Ratio Rank: 100
SNDK Sortino Ratio Rank: 99
SNDK Omega Ratio Rank: 99
SNDK Calmar Ratio Rank: 100
SNDK Martin Ratio Rank: 100

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.

KXIAY vs. SNDK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kioxia Holdings Corporation ADR (KXIAY) and Sandisk Corporation (SNDK). 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.

	KXIAY	SNDK	Difference
Sharpe ratio: Return per unit of total volatility	—	37.78	—
Sortino ratio: Return per unit of downside risk	—	7.34	—
Omega ratio: Gain probability vs. loss probability	—	1.99	—
Calmar ratio: Return relative to maximum drawdown	—	128.96	—
Martin ratio: Return relative to average drawdown	—	368.14	—

Drawdowns

KXIAY vs. SNDK - Drawdown Comparison

The maximum KXIAY drawdown since its inception was -37.66%, smaller than the maximum SNDK drawdown of -47.50%. Use the drawdown chart below to compare losses from any high point for KXIAY and SNDK.

Drawdown Indicators

	KXIAY	SNDK	Difference
Max Drawdown Largest peak-to-trough decline	-37.66%	-47.50%	+9.84%
Max Drawdown (1Y) Largest decline over 1 year	—	-31.34%	—
Current Drawdown Current decline from peak	-30.69%	-17.95%	-12.74%
Average Drawdown Average peak-to-trough decline	-12.08%	-13.68%	+1.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	11.07%	—

Volatility

Volatility by Period

	KXIAY	SNDK	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	43.20%	—
Volatility (6M) Calculated over the trailing 6-month period	—	75.39%	—
Volatility (1Y) Calculated over the trailing 1-year period	157.96%	106.98%	+50.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	157.96%	101.12%	+56.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	157.96%	101.12%	+56.84%

Dividends

KXIAY vs. SNDK - Dividend Comparison

Neither KXIAY nor SNDK has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both KXIAY and SNDK in my portfolio?

KXIAY and SNDK have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.