ABVE vs. GOOGL

Last updated Jun 4, 2026

ABVE (Above Food Ingredients Inc) and GOOGL (Alphabet Inc Class A) are both stocks. ABVE operates in Packaged Foods (Consumer Defensive), while GOOGL operates in Internet Content & Information (Communication Services). Over the past year, ABVE returned -90.09% vs 116.77% for GOOGL. At a 0.06 correlation, their price movements are largely independent.

Performance

ABVE vs. GOOGL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Above Food Ingredients Inc (ABVE) and Alphabet Inc Class A (GOOGL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ABVE achieves a -93.01% return, which is significantly lower than GOOGL's 14.77% return.

ABVE

• 1D: 0.00%
• 1M: -83.99%
• YTD: -93.01%
• 6M: -95.71%
• 1Y: -90.09%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GOOGL

• 1D: -0.79%
• 1M: -6.33%
• YTD: 14.77%
• 6M: 12.47%
• 1Y: 116.77%
• 3Y*: 42.66%
• 5Y*: 24.78%
• 10Y*: 25.69%

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

ABVE vs. GOOGL - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ABVE Above Food Ingredients Inc	-93.01%	201.85%	-88.56%
GOOGL Alphabet Inc Class A	14.77%	65.99%	3.70%

Correlation

The correlation between ABVE and GOOGL 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 Jul 2, 2024	0.06

Fundamentals

Total Revenue (TTM) ABVE : $139.75M GOOGL : $422.57B
Gross Profit (TTM) ABVE : -$6.48M GOOGL : $255.12B
EBITDA (TTM) ABVE : -$26.97M GOOGL : $174.08B

Return for Risk

ABVE vs. GOOGL — Risk / Return Rank

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

ABVE

ABVE Risk / Return Rank: 37
ABVE Sharpe Ratio Rank: 32
ABVE Sortino Ratio Rank: 72
ABVE Omega Ratio Rank: 70
ABVE Calmar Ratio Rank: 5
ABVE Martin Ratio Rank: 6

GOOGL

GOOGL Risk / Return Rank: 96
GOOGL Sharpe Ratio Rank: 97
GOOGL Sortino Ratio Rank: 98
GOOGL Omega Ratio Rank: 96
GOOGL Calmar Ratio Rank: 93
GOOGL Martin Ratio Rank: 95

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.

ABVE vs. GOOGL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Above Food Ingredients Inc (ABVE) and Alphabet Inc Class A (GOOGL). 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.

	ABVE	GOOGL	Difference
Sharpe ratio Return per unit of total volatility	-0.22	4.03	-4.25
Sortino ratio Return per unit of downside risk	1.81	5.33	-3.52
Omega ratio Gain probability vs. loss probability	1.23	1.65	-0.42
Calmar ratio Return relative to maximum drawdown	-0.92	5.77	-6.69
Martin ratio Return relative to average drawdown	-1.47	21.31	-22.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ABVE vs. GOOGL - Sharpe Ratio Comparison

The current ABVE Sharpe Ratio is -0.22, which is lower than the GOOGL Sharpe Ratio of 4.03. The chart below compares the historical Sharpe Ratios of ABVE and GOOGL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ABVE	GOOGL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.22	4.03	-4.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.80	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.89	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.27	0.84	-1.10

Drawdowns

ABVE vs. GOOGL - Drawdown Comparison

The maximum ABVE drawdown since its inception was -97.84%, which is greater than GOOGL's maximum drawdown of -65.29%. Use the drawdown chart below to compare losses from any high point for ABVE and GOOGL.

Drawdown Indicators

	ABVE	GOOGL	Difference
Max Drawdown Largest peak-to-trough decline	-97.84%	-65.29%	-32.55%
Max Drawdown (1Y) Largest decline over 1 year	-97.84%	-20.37%	-77.47%
Max Drawdown (3Y) Largest decline over 3 years	—	-29.81%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-44.32%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-44.32%	—
Current Drawdown Current decline from peak	-97.84%	-10.84%	-87.00%
Average Drawdown Average peak-to-trough decline	-73.23%	-13.02%	-60.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	61.34%	5.50%	+55.84%

Volatility

ABVE vs. GOOGL - Volatility Comparison

Above Food Ingredients Inc (ABVE) has a higher volatility of 166.62% compared to Alphabet Inc Class A (GOOGL) at 8.29%. This indicates that ABVE's price experiences larger fluctuations and is considered to be riskier than GOOGL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ABVE	GOOGL	Difference
Volatility (1M) Calculated over the trailing 1-month period	166.62%	8.29%	+158.33%
Volatility (6M) Calculated over the trailing 6-month period	201.33%	20.56%	+180.77%
Volatility (1Y) Calculated over the trailing 1-year period	412.91%	29.22%	+383.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	323.36%	31.29%	+292.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	323.36%	29.10%	+294.26%

Dividends

ABVE vs. GOOGL - Dividend Comparison

ABVE has not paid dividends to shareholders, while GOOGL's dividend yield for the trailing twelve months is around 0.23%.

Position	TTM	2025	2024
ABVE Above Food Ingredients Inc	0.00%	0.00%	0.00%
GOOGL Alphabet Inc Class A	0.23%	0.27%	0.32%

Financials

Frequently Asked Questions

Can I hold both ABVE and GOOGL in my portfolio?

ABVE and GOOGL 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.

Which is riskier, ABVE or GOOGL?

ABVE has higher volatility (166.62%) compared to GOOGL (8.29%). In terms of maximum drawdown, ABVE dropped -97.84% vs GOOGL's -65.29%.

Which has better risk-adjusted returns?

GOOGL currently has the higher Sharpe Ratio (4.03 vs -0.22), 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.