ASA vs. GOOG
ASA (ASA Gold and Precious Metals Limited) and GOOG (Alphabet Inc) are both stocks. ASA operates in Asset Management (Financial Services), while GOOG operates in Internet Content & Information (Communication Services). Over the past 10 years, ASA returned 16.54%/yr vs 26.76%/yr for GOOG. At a 0.11 correlation, their price movements are largely independent.
Performance
ASA vs. GOOG - Performance Comparison
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Returns By Period
In the year-to-date period, ASA achieves a 1.52% return, which is significantly lower than GOOG's 17.14% return. Over the past 10 years, ASA has underperformed GOOG with an annualized return of 16.54%, while GOOG has yielded a comparatively higher 26.76% annualized return.
ASA
- 1D
- 5.49%
- 1M
- -6.49%
- YTD
- 1.52%
- 6M
- 5.76%
- 1Y
- 76.77%
- 3Y*
- 58.79%
- 5Y*
- 20.98%
- 10Y*
- 16.54%
GOOG
- 1D
- 2.50%
- 1M
- -6.61%
- YTD
- 17.14%
- 6M
- 18.84%
- 1Y
- 109.32%
- 3Y*
- 43.99%
- 5Y*
- 24.12%
- 10Y*
- 26.76%
ASA vs. GOOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ASA ASA Gold and Precious Metals Limited | 1.52% | 195.60% | 34.55% | 5.38% | -32.06% | -3.48% | 60.65% | 44.35% | -16.18% | 2.89% |
GOOG Alphabet Inc | 17.14% | 65.42% | 35.62% | 58.83% | -38.67% | 65.17% | 31.03% | 29.10% | -1.03% | 35.58% |
Correlation
The correlation between ASA and GOOG is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2014 | 0.11 |
The correlation between ASA and GOOG shifts across timeframes, from 0.11 (all time) to 0.23 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
ASA:
$1.14B
GOOG:
$4.49T
ASA:
$42.09
GOOG:
$13.11
ASA:
1.44
GOOG:
27.99
ASA:
0.00
GOOG:
1.38
ASA:
8.30
GOOG:
10.61
ASA:
1.03
GOOG:
9.38
ASA:
$137.30M
GOOG:
$422.57B
ASA:
$3.98M
GOOG:
$255.12B
ASA:
$444.29M
GOOG:
$174.08B
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Return for Risk
ASA vs. GOOG — Risk / Return Rank
ASA
GOOG
ASA vs. GOOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ASA Gold and Precious Metals Limited (ASA) and Alphabet Inc (GOOG). 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.
| ASA | GOOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.25 | ||
| Sortino ratioReturn per unit of downside risk | -3.21 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.62 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | 2.17 | 5.30 | -3.12 |
| Martin ratioReturn relative to average drawdown | 5.93 | 18.58 | -12.65 |
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Drawdowns
ASA vs. GOOG - Drawdown Comparison
The maximum ASA drawdown since its inception was -80.36%, which is greater than GOOG's maximum drawdown of -44.60%. Use the drawdown chart below to compare losses from any high point for ASA and GOOG.
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Drawdown Indicators
| ASA | GOOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.36% | -44.60% | -35.76% |
Max Drawdown (1Y)Largest decline over 1 year | -35.50% | -20.75% | -14.75% |
Max Drawdown (3Y)Largest decline over 3 years | -35.50% | -29.35% | -6.15% |
Max Drawdown (5Y)Largest decline over 5 years | -48.43% | -44.60% | -3.83% |
Max Drawdown (10Y)Largest decline over 10 years | -51.66% | -44.60% | -7.06% |
Current DrawdownCurrent decline from peak | -25.48% | -7.95% | -17.53% |
Average DrawdownAverage peak-to-trough decline | -42.53% | -8.89% | -33.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.07% | 5.91% | +7.16% |
Volatility
ASA vs. GOOG - Volatility Comparison
ASA Gold and Precious Metals Limited (ASA) has a higher volatility of 19.31% compared to Alphabet Inc (GOOG) at 7.87%. This indicates that ASA's price experiences larger fluctuations and is considered to be riskier than GOOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ASA | GOOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.31% | 7.87% | +11.44% |
Volatility (6M)Calculated over the trailing 6-month period | 41.04% | 20.46% | +20.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.32% | 28.85% | +20.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.63% | 31.18% | +4.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.60% | 29.04% | +6.56% |
Dividends
ASA vs. GOOG - Dividend Comparison
ASA's dividend yield for the trailing twelve months is around 0.12%, less than GOOG's 0.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASA ASA Gold and Precious Metals Limited | 0.12% | 0.10% | 0.20% | 0.13% | 0.14% | 0.09% | 0.09% | 0.15% | 0.32% | 0.35% | 0.36% | 0.56% |
GOOG Alphabet Inc | 0.23% | 0.26% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ASA vs. GOOG - Financials Comparison
This section allows you to compare key financial metrics between ASA Gold and Precious Metals Limited and Alphabet 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
Frequently Asked Questions
ASA and GOOG have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASA has higher volatility (19.31%) compared to GOOG (7.87%). In terms of maximum drawdown, ASA dropped -80.36% vs GOOG's -44.60%.
GOOG currently has the higher Sharpe Ratio (3.82 vs 1.57), 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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