NXST vs. KLAC
NXST (Nexstar Media Group, Inc.) and KLAC (KLA Corporation) are both stocks. NXST operates in Broadcasting (Communication Services), while KLAC operates in Semiconductor Equipment & Materials (Technology). Over the past 10 years, NXST returned 17.56%/yr vs 39.77%/yr for KLAC. Their 0.25 correlation means their historical movements had little consistent relationship.
Performance
NXST vs. KLAC - Performance Comparison
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Returns By Period
In the year-to-date period, NXST achieves a -4.52% return, which is significantly lower than KLAC's 50.85% return. Over the past 10 years, NXST has underperformed KLAC with an annualized return of 17.56%, while KLAC has yielded a comparatively higher 39.77% annualized return.
NXST
- 1D
- -0.99%
- 1M
- 5.21%
- 6M
- -8.71%
- YTD
- -4.52%
- 1Y
- 6.98%
- 3Y*
- 5.54%
- 5Y*
- 8.78%
- 10Y*
- 17.56%
- ALL TIME*
- 14.09%
KLAC
- 1D
- 1.38%
- 1M
- -22.39%
- 6M
- 28.36%
- YTD
- 50.85%
- 1Y
- 107.52%
- 3Y*
- 53.92%
- 5Y*
- 40.75%
- 10Y*
- 39.77%
- ALL TIME*
- 22.49%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
KLAC KLA Corporation | $2.50B | $2.71B | $2.78B |
| $52.61M | $57.41M | $71.32M |
NXST vs. KLAC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NXST Nexstar Media Group, Inc. | -4.52% | 33.95% | 5.04% | -7.52% | 18.37% | 40.95% | -4.42% | 51.93% | 2.65% | 25.89% |
KLAC KLA Corporation | 50.85% | 94.48% | 9.36% | 56.05% | -11.20% | 68.05% | 47.94% | 103.99% | -12.49% | 36.80% |
Correlation
The correlation between NXST and KLAC is -0.05, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.05 |
Correlation (3Y) Balances recent behavior with more history. | 0.13 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.27 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.28 |
Correlation (All Time) Calculated using the full available price history since Nov 25, 2003 | 0.25 |
The correlation between NXST and KLAC shifts across timeframes, from -0.05 (1 year) to 0.28 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
NXST:
$5.82B
KLAC:
$238.81B
NXST:
$5.37
KLAC:
$3.66
NXST:
35.48
KLAC:
49.92
NXST:
8.67K
KLAC:
3.11
NXST:
1.15
KLAC:
17.76
NXST:
$5.11B
KLAC:
$13.58B
NXST:
$1.65B
KLAC:
$8.32B
NXST:
$1.42B
KLAC:
$6.12B
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Return for Risk
NXST vs. KLAC — Risk / Return Rank
NXST
KLAC
NXST vs. KLAC - Risk-Adjusted Trends 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.
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.
| NXST | KLAC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.69 | ||
| Sortino ratioReturn per unit of downside risk | -1.78 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.31 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.14 | 2.52 | -2.38 |
| Martin ratioReturn relative to average drawdown | 0.34 | 9.80 | -9.46 |
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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.
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Drawdown Indicators
| NXST | KLAC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.66% | -83.74% | -12.92% |
Max Drawdown (1Y)Largest decline over 1 year | -38.43% | -43.59% | +5.16% |
Max Drawdown (3Y)Largest decline over 3 years | -38.43% | -43.59% | +5.16% |
Max Drawdown (5Y)Largest decline over 5 years | -38.43% | -43.59% | +5.16% |
Max Drawdown (10Y)Largest decline over 10 years | -64.56% | -43.59% | -20.97% |
Current DrawdownCurrent decline from peak | -24.17% | -39.41% | +15.24% |
Average DrawdownAverage peak-to-trough decline | -30.29% | -29.29% | -1.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.22% | 11.20% | +5.02% |
Volatility
NXST vs. KLAC - Volatility Comparison
The current volatility for Nexstar Media Group, Inc. (NXST) is 7.98%, while KLA Corporation (KLAC) has a volatility of 22.35%. 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.
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Volatility by Period
| NXST | KLAC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.98% | 22.35% | -14.37% |
Volatility (6M)Calculated over the trailing 6-month period | 29.56% | 51.87% | -22.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.15% | 59.59% | -24.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.75% | 46.07% | -11.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.77% | 43.21% | -3.44% |
Dividends
NXST vs. KLAC - Dividend Comparison
NXST's dividend yield for the trailing twelve months is around 3.90%, more than KLAC's 0.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KLAC KLA Corporation | 0.44% | 0.61% | 0.96% | 0.92% | 1.25% | 0.91% | 1.35% | 1.74% | 3.17% | 2.15% | 2.67% | 2.94% |
NXST Nexstar Media Group, Inc. | 3.90% | 3.66% | 4.28% | 3.44% | 2.06% | 1.85% | 2.05% | 1.54% | 1.91% | 1.53% | 1.52% | 1.29% |
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
NXST vs. KLAC - Profitability Comparison
NXST - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Nexstar Media Group, Inc. reported a gross profit of 0.00 and revenue of 1.40B. Therefore, the gross margin over that period was 0.0%.
KLAC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, KLA Corporation reported a gross profit of 2.24B and revenue of 3.66B. Therefore, the gross margin over that period was 61.4%.
NXST - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Nexstar Media Group, Inc. reported an operating income of 265.00M and revenue of 1.40B, resulting in an operating margin of 19.0%.
KLAC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, KLA Corporation reported an operating income of 1.55B and revenue of 3.66B, resulting in an operating margin of 42.5%.
NXST - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Nexstar Media Group, Inc. reported a net income of 164.00M and revenue of 1.40B, resulting in a net margin of 11.8%.
KLAC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, KLA Corporation reported a net income of 1.36B and revenue of 3.66B, resulting in a net margin of 37.3%.
Frequently Asked Questions
NXST and KLAC have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KLAC has higher volatility (22.35%) compared to NXST (7.98%). In terms of maximum drawdown, NXST dropped -96.66% vs KLAC's -83.74%.
KLAC currently has the higher Sharpe Ratio (1.85 vs 0.16), 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.
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