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ASAN vs. GOOGL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between ASAN and GOOGL is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

ASAN vs. GOOGL

Last updated May 30, 2025

Compare and contrast key facts about Asana, Inc. (ASAN) and Alphabet Inc Class A (GOOGL).

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ASAN or GOOGL.

Performance

ASAN vs. GOOGL - Performance Comparison

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

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Key characteristics

Sharpe Ratio

ASAN:

0.41

GOOGL:

-0.06

Sortino Ratio

ASAN:

1.15

GOOGL:

0.16

Omega Ratio

ASAN:

1.15

GOOGL:

1.02

Calmar Ratio

ASAN:

0.28

GOOGL:

-0.04

Martin Ratio

ASAN:

1.00

GOOGL:

-0.09

Ulcer Index

ASAN:

25.86%

GOOGL:

14.23%

Daily Std Dev

ASAN:

77.55%

GOOGL:

31.45%

Max Drawdown

ASAN:

-92.17%

GOOGL:

-65.29%

Current Drawdown

ASAN:

-87.25%

GOOGL:

-16.63%

Fundamentals

Market Cap

ASAN:

$4.21B

GOOGL:

$2.10T

EPS

ASAN:

-$1.11

GOOGL:

$8.96

PS Ratio

ASAN:

5.82

GOOGL:

5.85

PB Ratio

ASAN:

18.51

GOOGL:

6.06

Total Revenue (TTM)

ASAN:

$551.43M

GOOGL:

$359.71B

Gross Profit (TTM)

ASAN:

$492.04M

GOOGL:

$210.76B

EBITDA (TTM)

ASAN:

-$171.75M

GOOGL:

$149.88B

Returns By Period

In the year-to-date period, ASAN achieves a -10.26% return, which is significantly lower than GOOGL's -9.11% return.

ASAN

YTD

-10.26%

1M

13.12%

6M

20.07%

1Y

31.72%

3Y*

-7.25%

5Y*

N/A

10Y*

N/A

GOOGL

YTD

-9.11%

1M

7.31%

6M

1.79%

1Y

-1.83%

3Y*

15.42%

5Y*

19.23%

10Y*

20.19%

*Annualized

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Asana, Inc.

Alphabet Inc Class A

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

ASAN vs. GOOGL — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ASAN
The Risk-Adjusted Performance Rank of ASAN is 6666
Overall Rank
The Sharpe Ratio Rank of ASAN is 6666
Sharpe Ratio Rank
The Sortino Ratio Rank of ASAN is 6969
Sortino Ratio Rank
The Omega Ratio Rank of ASAN is 6767
Omega Ratio Rank
The Calmar Ratio Rank of ASAN is 6464
Calmar Ratio Rank
The Martin Ratio Rank of ASAN is 6363
Martin Ratio Rank
GOOGL
The Risk-Adjusted Performance Rank of GOOGL is 4545
Overall Rank
The Sharpe Ratio Rank of GOOGL is 4848
Sharpe Ratio Rank
The Sortino Ratio Rank of GOOGL is 4040
Sortino Ratio Rank
The Omega Ratio Rank of GOOGL is 4040
Omega Ratio Rank
The Calmar Ratio Rank of GOOGL is 4848
Calmar Ratio Rank
The Martin Ratio Rank of GOOGL is 4848
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ASAN vs. GOOGL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Asana, Inc. (ASAN) 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.

The current ASAN Sharpe Ratio is 0.41, which is higher than the GOOGL Sharpe Ratio of -0.06. The chart below compares the historical Sharpe Ratios of ASAN and GOOGL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

ASAN vs. GOOGL - Dividend Comparison

ASAN has not paid dividends to shareholders, while GOOGL's dividend yield for the trailing twelve months is around 0.47%.

TTM2024
ASAN
Asana, Inc.		0.00%0.00%
GOOGL
Alphabet Inc Class A		0.47%0.32%

Drawdowns

ASAN vs. GOOGL - Drawdown Comparison

The maximum ASAN drawdown since its inception was -92.17%, which is greater than GOOGL's maximum drawdown of -65.29%. Use the drawdown chart below to compare losses from any high point for ASAN and GOOGL.

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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

ASAN vs. GOOGL - Volatility Comparison

The current volatility for Asana, Inc. (ASAN) is 10.07%, while Alphabet Inc Class A (GOOGL) has a volatility of 11.02%. This indicates that ASAN experiences smaller price fluctuations and is considered to be less risky than GOOGL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Financials

ASAN vs. GOOGL - Financials Comparison

This section allows you to compare key financial metrics between Asana, Inc. and Alphabet Inc Class A. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.

Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities

0.0020.00B40.00B60.00B80.00B100.00BJulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025
188.33M
90.23B
(ASAN) Total Revenue
(GOOGL) Total Revenue
Values in USD except per share items

ASAN vs. GOOGL - Profitability Comparison

The chart below illustrates the profitability comparison between Asana, Inc. and Alphabet Inc Class A over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.
Gross Margin
Operating Margin
Net Margin
Quarterly
Annual
50.0%60.0%70.0%80.0%90.0%JulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025
89.6%
59.7%
(ASAN) Gross Margin
(GOOGL) Gross Margin
ASAN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Asana, Inc. reported a gross profit of 168.73M and revenue of 188.33M. Therefore, the gross margin over that period was 89.6%.

GOOGL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Alphabet Inc Class A reported a gross profit of 53.87B and revenue of 90.23B. Therefore, the gross margin over that period was 59.7%.

ASAN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Asana, Inc. reported an operating income of -63.59M and revenue of 188.33M, resulting in an operating margin of -33.8%.

GOOGL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Alphabet Inc Class A reported an operating income of 30.61B and revenue of 90.23B, resulting in an operating margin of 33.9%.

ASAN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Asana, Inc. reported a net income of -62.30M and revenue of 188.33M, resulting in a net margin of -33.1%.

GOOGL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Alphabet Inc Class A reported a net income of 34.54B and revenue of 90.23B, resulting in a net margin of 38.3%.