SOBO.TO vs. KLAC
SOBO.TO (South Bow Corp) and KLAC (KLA Corporation) are both stocks. SOBO.TO operates in Oil & Gas Midstream (Energy), while KLAC operates in Semiconductor Equipment & Materials (Technology). Over the past year, SOBO.TO returned 53.85% vs 199.66% for KLAC. At a correlation of -0.00, they often move in opposite directions.
Performance
SOBO.TO vs. KLAC - Performance Comparison
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Different Trading Currencies
SOBO.TO is traded in CAD, while KLAC is traded in USD. To make them comparable, the KLAC values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, SOBO.TO achieves a 43.31% return, which is significantly lower than KLAC's 114.51% return.
SOBO.TO
- 1D
- 1.25%
- 1M
- 8.07%
- YTD
- 43.31%
- 6M
- 46.62%
- 1Y
- 53.85%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KLAC
- 1D
- 5.85%
- 1M
- 40.70%
- YTD
- 114.51%
- 6M
- 117.02%
- 1Y
- 199.66%
- 3Y*
- 78.58%
- 5Y*
- 57.45%
- 10Y*
- 46.34%
SOBO.TO vs. KLAC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
SOBO.TO South Bow Corp | 43.31% | 19.87% | 23.73% |
KLAC KLA Corporation | 114.51% | 85.60% | -13.00% |
Correlation
The correlation between SOBO.TO and KLAC is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.03 |
Correlation (All Time) Calculated using the full available price history since Sep 25, 2024 | -0.00 |
Fundamentals
SOBO.TO:
CA$11.12B
KLAC:
$33.62B
SOBO.TO:
$2.03
KLAC:
$35.29
SOBO.TO:
18.81
KLAC:
7.21
SOBO.TO:
3.47
KLAC:
0.27
SOBO.TO:
4.37
KLAC:
2.57
SOBO.TO:
2.99
KLAC:
5.77
SOBO.TO:
$1.82B
KLAC:
$13.10B
SOBO.TO:
$893.03M
KLAC:
$8.09B
SOBO.TO:
$851.07M
KLAC:
$5.77B
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Return for Risk
SOBO.TO vs. KLAC — Risk / Return Rank
SOBO.TO
KLAC
SOBO.TO vs. KLAC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for South Bow Corp (SOBO.TO) 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.
| SOBO.TO | KLAC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.35 | ||
| Sortino ratioReturn per unit of downside risk | -0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.56 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 4.48 | 9.21 | -4.73 |
| Martin ratioReturn relative to average drawdown | 11.83 | 30.01 | -18.17 |
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Drawdowns
SOBO.TO vs. KLAC - Drawdown Comparison
The maximum SOBO.TO drawdown since its inception was -26.40%, smaller than the maximum KLAC drawdown of -75.69%. Use the drawdown chart below to compare losses from any high point for SOBO.TO and KLAC.
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Drawdown Indicators
| SOBO.TO | KLAC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.40% | -75.69% | +49.29% |
Max Drawdown (1Y)Largest decline over 1 year | -12.09% | -21.83% | +9.74% |
Max Drawdown (3Y)Largest decline over 3 years | — | -32.80% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -35.05% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.05% | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -4.69% | -21.09% | +16.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.60% | 6.69% | -2.09% |
Volatility
SOBO.TO vs. KLAC - Volatility Comparison
The current volatility for South Bow Corp (SOBO.TO) is 7.30%, while KLA Corporation (KLAC) has a volatility of 22.29%. This indicates that SOBO.TO 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
| SOBO.TO | KLAC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.30% | 22.29% | -14.99% |
Volatility (6M)Calculated over the trailing 6-month period | 14.84% | 42.31% | -27.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.97% | 49.42% | -29.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.55% | 44.40% | +0.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.55% | 42.52% | +2.03% |
Dividends
SOBO.TO vs. KLAC - Dividend Comparison
SOBO.TO's dividend yield for the trailing twelve months is around 5.18%, more than KLAC's 0.31% yield.
| 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% |
SOBO.TO South Bow Corp | 5.18% | 7.37% | 2.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
SOBO.TO vs. KLAC - Financials Comparison
This section allows you to compare key financial metrics between South Bow Corp 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
SOBO.TO vs. KLAC - Profitability Comparison
SOBO.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, South Bow Corp reported a gross profit of 91.48M and revenue of 416.07M. Therefore, the gross margin over that period was 22.0%.
KLAC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, KLA Corporation reported a gross profit of 2.09B and revenue of 3.42B. Therefore, the gross margin over that period was 61.1%.
SOBO.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, South Bow Corp reported an operating income of 91.48M and revenue of 416.07M, resulting in an operating margin of 22.0%.
KLAC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, KLA Corporation reported an operating income of 1.41B and revenue of 3.42B, resulting in an operating margin of 41.2%.
SOBO.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, South Bow Corp reported a net income of 75.74M and revenue of 416.07M, resulting in a net margin of 18.2%.
KLAC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, KLA Corporation reported a net income of 1.20B and revenue of 3.42B, resulting in a net margin of 35.2%.
Frequently Asked Questions
SOBO.TO and KLAC have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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