NXST vs. KLAC
Compare and contrast key facts about Nexstar Media Group, Inc. (NXST) and KLA Corporation (KLAC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NXST or KLAC.
Correlation
The correlation between NXST and KLAC is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

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NXST vs. KLAC - Performance Comparison
Key characteristics
NXST:
0.36
KLAC:
-0.06
NXST:
0.73
KLAC:
0.21
NXST:
1.10
KLAC:
1.03
NXST:
0.46
KLAC:
-0.08
NXST:
1.11
KLAC:
-0.15
NXST:
10.44%
KLAC:
17.15%
NXST:
31.97%
KLAC:
43.50%
NXST:
-96.66%
KLAC:
-83.74%
NXST:
-6.87%
KLAC:
-22.57%
Fundamentals
NXST:
$5.55B
KLAC:
$91.19B
NXST:
$21.42
KLAC:
$23.75
NXST:
8.49
KLAC:
28.89
NXST:
9.52
KLAC:
1.26
NXST:
$4.12B
KLAC:
$8.48B
NXST:
$2.80B
KLAC:
$5.14B
NXST:
$1.68B
KLAC:
$3.58B
Returns By Period
In the year-to-date period, NXST achieves a 16.54% return, which is significantly higher than KLAC's 9.14% return. Over the past 10 years, NXST has underperformed KLAC with an annualized return of 14.92%, while KLAC has yielded a comparatively higher 30.63% annualized return.
NXST
16.54%
5.15%
13.52%
13.01%
33.09%
14.92%
KLAC
9.14%
-0.72%
-11.28%
-0.23%
41.83%
30.63%
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Risk-Adjusted Performance
NXST vs. KLAC — Risk-Adjusted Performance Rank
NXST
KLAC
NXST vs. KLAC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nexstar Media Group, Inc. (NXST) 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.
Dividends
NXST vs. KLAC - Dividend Comparison
NXST's dividend yield for the trailing twelve months is around 3.81%, more than KLAC's 0.92% yield.
Drawdowns
NXST vs. KLAC - Drawdown Comparison
The maximum NXST drawdown since its inception was -96.66%, which is greater than KLAC's maximum drawdown of -83.74%. Use the drawdown chart below to compare losses from any high point for NXST and KLAC. For additional features, visit the drawdowns tool.
Volatility
NXST vs. KLAC - Volatility Comparison
The current volatility for Nexstar Media Group, Inc. (NXST) is NaN%, while KLA Corporation (KLAC) has a volatility of NaN%. This indicates that NXST experiences smaller price fluctuations and is considered to be less risky than KLAC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NXST vs. KLAC - Financials Comparison
This section allows you to compare key financial metrics between Nexstar Media Group, Inc. and KLA Corporation. 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
User Portfolios with NXST or KLAC
Recent discussions
How is Sharpe ratio calculated?
The highest sharpe ratio portfolioi in User portfolios holds only ultrashort treasuries and show a sharpe ratio of 7+. But my understanding is the Sharpe ratio is the return less the risk-free rate divided by the standard deviation of returns. But short-term treasuries ARE the risk free rate, so the Sharpe ratio should be zero since the risk free rate minus the risk free rate is zero. So are you simply ignoring the risk-free rate and dividing returns by the standard deviation???
Addendum:
Just input my portfolio and asked that your site optimize it for Sharpe ratio. I have ready cash in USFR, and ETF that holds US floating rate notes exclusively. The optimization recommended I put over 99% in USFR. However, the interest rate on floating rate notes is based on the three month treasury, so again, USFR has a Sharpe ratio of zero! Please correct this!
Bob Peticolas
Treynor Black model
guphex
Bonds (BND and/or BNDX) are greatly favored over stocks by the optimizer
I have not seem many orange lines winning against original or benchmark no matter what I do. But the software seems to be doing something when all is stock or stock ETFs. However, Bonds and Stocks don't work well together. The moment I add BND or BNDX, the optimizer puts almost all of the weight in the bonds. I ran out of the free limit of calculations.
Maybe it's a message we all need to hear: invest in bond ETFs. Maybe I'm not using the tool correctly. Maybe there is something wrong with the tool.
I don't know.
-- Fred
Fred