NBIS vs. KLAC

Last updated Jun 13, 2026

NBIS (Nebius Group N.V.) and KLAC (KLA Corporation) are both stocks. NBIS operates in Internet Content & Information (Communication Services), while KLAC operates in Semiconductor Equipment & Materials (Technology). Over the past year, NBIS returned 362.13% vs 192.78% for KLAC. At a 0.40 correlation, their price movements are largely independent.

Performance

NBIS vs. KLAC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nebius Group N.V. (NBIS) and KLA Corporation (KLAC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NBIS achieves a 177.59% return, which is significantly higher than KLAC's 110.02% return.

NBIS

• 1D: 4.55%
• 1M: 12.10%
• YTD: 177.59%
• 6M: 164.98%
• 1Y: 362.13%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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%

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

NBIS vs. KLAC - Yearly Performance Comparison

	2026 (YTD)	2025	2024
NBIS Nebius Group N.V.	177.59%	202.18%	46.25%
KLAC KLA Corporation	110.02%	94.48%	-5.73%

Correlation

The correlation between NBIS and KLAC is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (All Time) Calculated using the full available price history since Oct 18, 2024	0.40

Fundamentals

Market Cap NBIS : $71.79B KLAC : $33.62B
EPS NBIS : $3.17 KLAC : $35.29
PE Ratio NBIS : 73.19 KLAC : 7.21
PEG Ratio NBIS : 25.15 KLAC : 0.27
PS Ratio NBIS : 69.73 KLAC : 2.57
PB Ratio NBIS : 9.91 KLAC : 5.77
Total Revenue (TTM) NBIS : $877.90M KLAC : $13.10B
Gross Profit (TTM) NBIS : $420.60M KLAC : $8.09B
EBITDA (TTM) NBIS : -$52.78M KLAC : $5.77B

Return for Risk

NBIS vs. KLAC — Risk / Return Rank

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

NBIS

NBIS Risk / Return Rank: 95
NBIS Sharpe Ratio Rank: 97
NBIS Sortino Ratio Rank: 95
NBIS Omega Ratio Rank: 91
NBIS Calmar Ratio Rank: 97
NBIS Martin Ratio Rank: 95

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

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.

NBIS vs. KLAC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nebius Group N.V. (NBIS) and KLA Corporation (KLAC). 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.

	NBIS	KLAC	Difference
Sharpe ratio: Return per unit of total volatility	3.50	3.93	-0.43
Sortino ratio: Return per unit of downside risk	3.75	3.75	0.00
Omega ratio: Gain probability vs. loss probability	1.42	1.54	-0.13
Calmar ratio: Return relative to maximum drawdown	8.03	8.66	-0.63
Martin ratio: Return relative to average drawdown	18.34	27.54	-9.20

NBIS vs. KLAC - Sharpe Ratio Comparison

The current NBIS Sharpe Ratio is 3.50, which is comparable to the KLAC Sharpe Ratio of 3.93. The chart below compares the historical Sharpe Ratios of NBIS and KLAC, 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

NBIS vs. KLAC - Drawdown Comparison

The maximum NBIS drawdown since its inception was -58.27%, smaller than the maximum KLAC drawdown of -83.74%. Use the drawdown chart below to compare losses from any high point for NBIS and KLAC.

Drawdown Indicators

	NBIS	KLAC	Difference
Max Drawdown Largest peak-to-trough decline	-58.27%	-83.74%	+25.47%
Max Drawdown (1Y) Largest decline over 1 year	-45.47%	-22.41%	-23.06%
Max Drawdown (3Y) Largest decline over 3 years	—	-34.95%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-40.28%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-40.28%	—
Current Drawdown Current decline from peak	-12.15%	0.00%	-12.15%
Average Drawdown Average peak-to-trough decline	-18.94%	-29.32%	+10.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.86%	7.03%	+12.83%

Volatility

NBIS vs. KLAC - Volatility Comparison

Nebius Group N.V. (NBIS) has a higher volatility of 30.23% compared to KLA Corporation (KLAC) at 22.17%. This indicates that NBIS's price experiences larger fluctuations and is considered to be riskier than KLAC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NBIS	KLAC	Difference
Volatility (1M) Calculated over the trailing 1-month period	30.23%	22.17%	+8.06%
Volatility (6M) Calculated over the trailing 6-month period	71.43%	42.02%	+29.41%
Volatility (1Y) Calculated over the trailing 1-year period	104.41%	49.38%	+55.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	110.20%	43.88%	+66.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	110.20%	41.86%	+68.34%

Dividends

NBIS vs. KLAC - Dividend Comparison

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

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%
NBIS Nebius Group N.V.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both NBIS and KLAC in my portfolio?

NBIS and KLAC have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NBIS or KLAC?

NBIS has higher volatility (30.23%) compared to KLAC (22.17%). In terms of maximum drawdown, NBIS dropped -58.27% vs KLAC's -83.74%.

Which has better risk-adjusted returns?

KLAC currently has the higher Sharpe Ratio (3.93 vs 3.50), 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.