NINE vs. KLXE
NINE (Nine Energy Service, Inc.) and KLXE (KLX Energy Services Holdings, Inc.) are both stocks. Both operate in the Oil & Gas Equipment & Services industry within the Energy sector. Over the past 5 years, NINE returned 31.83%/yr vs -20.42%/yr for KLXE. At a 0.47 correlation, their price movements are largely independent.
Performance
NINE vs. KLXE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NINE achieves a 3,148.48% return, which is significantly higher than KLXE's 34.92% return.
NINE
- 1D
- 2.74%
- 1M
- 7.88%
- 6M
- 2,604.07%
- YTD
- 3,148.48%
- 1Y
- 1,161.09%
- 3Y*
- 34.17%
- 5Y*
- 31.83%
- 10Y*
- —
KLXE
- 1D
- 3.66%
- 1M
- -10.53%
- 6M
- 8.97%
- YTD
- 34.92%
- 1Y
- 32.47%
- 3Y*
- -37.87%
- 5Y*
- -20.42%
- 10Y*
- —
NINE vs. KLXE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
NINE Nine Energy Service, Inc. | 3,148.48% | -69.13% | -58.21% | -81.56% | 1,353.00% | -63.24% | -65.22% | -65.31% | -28.74% |
KLXE KLX Energy Services Holdings, Inc. | 34.92% | -62.05% | -55.77% | -34.95% | 458.39% | -52.01% | -79.94% | -72.54% | -17.55% |
Correlation
The correlation between NINE and KLXE is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Sep 17, 2018 | 0.47 |
The correlation between NINE and KLXE shifts across timeframes, from 0.29 (1 year) to 0.49 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
NINE:
$486.38M
KLXE:
$50.78M
NINE:
$1.90
KLXE:
-$3.79
NINE:
0.68
KLXE:
0.08
NINE:
$541.44M
KLXE:
$627.20M
NINE:
$46.43M
KLXE:
$83.20M
NINE:
$41.45M
KLXE:
$66.60M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NINE vs. KLXE — Risk / Return Rank
NINE
KLXE
NINE vs. KLXE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nine Energy Service, Inc. (NINE) and KLX Energy Services Holdings, Inc. (KLXE). 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.
| NINE | KLXE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.60 | ||
| Sortino ratioReturn per unit of downside risk | +22.90 | ||
| Omega ratioGain probability vs. loss probability | 4.18 | 1.13 | +3.05 |
| Calmar ratioReturn relative to maximum drawdown | 19.80 | 0.65 | +19.16 |
| Martin ratioReturn relative to average drawdown | 40.57 | 1.56 | +39.01 |
Loading charts...
Drawdowns
NINE vs. KLXE - Drawdown Comparison
The maximum NINE drawdown since its inception was -99.19%, roughly equal to the maximum KLXE drawdown of -99.11%. Use the drawdown chart below to compare losses from any high point for NINE and KLXE.
Loading charts...
Drawdown Indicators
| NINE | KLXE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.19% | -99.11% | -0.08% |
Max Drawdown (1Y)Largest decline over 1 year | -63.41% | -50.35% | -13.06% |
Max Drawdown (3Y)Largest decline over 3 years | -93.70% | -87.64% | -6.06% |
Max Drawdown (5Y)Largest decline over 5 years | -98.06% | -91.22% | -6.84% |
Current DrawdownCurrent decline from peak | -71.25% | -98.52% | +27.27% |
Average DrawdownAverage peak-to-trough decline | -80.03% | -86.78% | +6.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.36% | 20.86% | +12.50% |
Volatility
NINE vs. KLXE - Volatility Comparison
Nine Energy Service, Inc. (NINE) has a higher volatility of 21.79% compared to KLX Energy Services Holdings, Inc. (KLXE) at 19.99%. This indicates that NINE's price experiences larger fluctuations and is considered to be riskier than KLXE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NINE | KLXE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.79% | 19.99% | +1.80% |
Volatility (6M)Calculated over the trailing 6-month period | 268.21% | 73.92% | +194.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 1,319.79% | 93.16% | +1,226.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 594.88% | 90.39% | +504.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 462.71% | 99.18% | +363.53% |
Dividends
NINE vs. KLXE - Dividend Comparison
Neither NINE nor KLXE has paid dividends to shareholders.
Financials
NINE vs. KLXE - Financials Comparison
This section allows you to compare key financial metrics between Nine Energy Service, Inc. and KLX Energy Services Holdings, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
NINE vs. KLXE - Profitability Comparison
NINE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Nine Energy Service, Inc. reported a gross profit of 5.63M and revenue of 130.00M. Therefore, the gross margin over that period was 4.3%.
KLXE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, KLX Energy Services Holdings, Inc. reported a gross profit of 25.60M and revenue of 144.70M. Therefore, the gross margin over that period was 17.7%.
NINE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Nine Energy Service, Inc. reported an operating income of -6.08M and revenue of 130.00M, resulting in an operating margin of -4.7%.
KLXE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, KLX Energy Services Holdings, Inc. reported an operating income of 9.80M and revenue of 144.70M, resulting in an operating margin of 6.8%.
NINE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Nine Energy Service, Inc. reported a net income of 106.63M and revenue of 130.00M, resulting in a net margin of 82.0%.
KLXE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, KLX Energy Services Holdings, Inc. reported a net income of -24.00M and revenue of 144.70M, resulting in a net margin of -16.6%.
Frequently Asked Questions
NINE and KLXE have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NINE has higher volatility (21.79%) compared to KLXE (19.99%). In terms of maximum drawdown, NINE dropped -99.19% vs KLXE's -99.11%.
NINE currently has the higher Sharpe Ratio (0.95 vs 0.35), 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.
Find the right allocation for NINE and KLXE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer