BNY vs. GOOGL
BNY (The Bank of New York Mellon Corporation) and GOOGL (Alphabet Inc Class A) are both stocks. BNY operates in Banks - Diversified (Financial Services), while GOOGL operates in Internet Content & Information (Communication Services). Over the past 10 years, BNY returned 15.90%/yr vs 25.69%/yr for GOOGL. At a 0.37 correlation, their price movements are largely independent.
Performance
BNY vs. GOOGL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BNY achieves a 22.11% return, which is significantly higher than GOOGL's 14.77% return. Over the past 10 years, BNY has underperformed GOOGL with an annualized return of 15.90%, while GOOGL has yielded a comparatively higher 25.69% annualized return.
BNY
- 1D
- -0.50%
- 1M
- 6.59%
- YTD
- 22.11%
- 6M
- 25.35%
- 1Y
- 60.34%
- 3Y*
- 52.65%
- 5Y*
- 25.33%
- 10Y*
- 15.90%
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%
BNY vs. GOOGL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BNY The Bank of New York Mellon Corporation | 22.11% | 54.45% | 51.90% | 18.52% | -19.14% | 40.55% | -12.91% | 9.56% | -10.85% | 15.68% |
GOOGL Alphabet Inc Class A | 14.77% | 65.99% | 36.01% | 58.32% | -39.09% | 65.30% | 30.85% | 28.18% | -0.80% | 32.93% |
Correlation
The correlation between BNY and GOOGL is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Aug 20, 2004 | 0.37 |
The correlation between BNY and GOOGL shifts across timeframes, from 0.24 (3 years) to 0.37 (all time), reflecting how their relationship changes across market environments.
Fundamentals
BNY:
$98.14B
GOOGL:
$4.39T
BNY:
$8.43
GOOGL:
$13.11
BNY:
16.67
GOOGL:
27.37
BNY:
0.82
GOOGL:
1.35
BNY:
2.44
GOOGL:
10.38
BNY:
2.49
GOOGL:
9.18
BNY:
$40.65B
GOOGL:
$422.57B
BNY:
$20.54B
GOOGL:
$255.12B
BNY:
$8.96B
GOOGL:
$174.08B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BNY vs. GOOGL — Risk / Return Rank
BNY
GOOGL
BNY vs. GOOGL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Bank of New York Mellon Corporation (BNY) 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.
| BNY | GOOGL | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.06 | 4.03 | -0.96 |
Sortino ratioReturn per unit of downside risk | 3.78 | 5.33 | -1.56 |
Omega ratioGain probability vs. loss probability | 1.50 | 1.65 | -0.15 |
Calmar ratioReturn relative to maximum drawdown | 5.98 | 5.77 | +0.21 |
Martin ratioReturn relative to average drawdown | 16.93 | 21.31 | -4.38 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BNY | GOOGL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.06 | 4.03 | -0.96 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.04 | 0.80 | +0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.89 | -0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.84 | -0.48 |
Drawdowns
BNY vs. GOOGL - Drawdown Comparison
The maximum BNY drawdown since its inception was -72.28%, which is greater than GOOGL's maximum drawdown of -65.29%. Use the drawdown chart below to compare losses from any high point for BNY and GOOGL.
Loading charts...
Drawdown Indicators
| BNY | GOOGL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.28% | -65.29% | -6.99% |
Max Drawdown (1Y)Largest decline over 1 year | -10.15% | -20.37% | +10.22% |
Max Drawdown (3Y)Largest decline over 3 years | -17.58% | -29.81% | +12.23% |
Max Drawdown (5Y)Largest decline over 5 years | -40.45% | -44.32% | +3.87% |
Max Drawdown (10Y)Largest decline over 10 years | -50.49% | -44.32% | -6.17% |
Current DrawdownCurrent decline from peak | -1.42% | -10.84% | +9.42% |
Average DrawdownAverage peak-to-trough decline | -18.72% | -13.02% | -5.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.58% | 5.50% | -1.92% |
Volatility
BNY vs. GOOGL - Volatility Comparison
The current volatility for The Bank of New York Mellon Corporation (BNY) is 4.87%, while Alphabet Inc Class A (GOOGL) has a volatility of 8.29%. This indicates that BNY 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.
Loading charts...
Volatility by Period
| BNY | GOOGL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.87% | 8.29% | -3.42% |
Volatility (6M)Calculated over the trailing 6-month period | 15.73% | 20.56% | -4.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.79% | 29.22% | -9.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.58% | 31.29% | -6.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.04% | 29.10% | -2.06% |
Dividends
BNY vs. GOOGL - Dividend Comparison
BNY's dividend yield for the trailing twelve months is around 1.51%, more than GOOGL's 0.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BNY The Bank of New York Mellon Corporation | 1.51% | 1.72% | 2.32% | 3.04% | 3.12% | 2.24% | 2.92% | 2.34% | 2.21% | 1.60% | 1.52% | 1.65% |
GOOGL Alphabet Inc Class A | 0.23% | 0.27% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
BNY vs. GOOGL - Financials Comparison
This section allows you to compare key financial metrics between The Bank of New York Mellon Corporation 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.
Total Revenue: Total amount of money received from sales and other business activities
BNY vs. GOOGL - Profitability Comparison
BNY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Bank of New York Mellon Corporation reported a gross profit of 5.42B and revenue of 9.86B. Therefore, the gross margin over that period was 54.9%.
GOOGL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alphabet Inc Class A reported a gross profit of 68.63B and revenue of 109.90B. Therefore, the gross margin over that period was 62.5%.
BNY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Bank of New York Mellon Corporation reported an operating income of 2.02B and revenue of 9.86B, resulting in an operating margin of 20.4%.
GOOGL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alphabet Inc Class A reported an operating income of 39.70B and revenue of 109.90B, resulting in an operating margin of 36.1%.
BNY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Bank of New York Mellon Corporation reported a net income of 1.63B and revenue of 9.86B, resulting in a net margin of 16.6%.
GOOGL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alphabet Inc Class A reported a net income of 62.58B and revenue of 109.90B, resulting in a net margin of 56.9%.
Frequently Asked Questions
BNY and GOOGL have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GOOGL has higher volatility (8.29%) compared to BNY (4.87%). In terms of maximum drawdown, BNY dropped -72.28% vs GOOGL's -65.29%.
GOOGL currently has the higher Sharpe Ratio (4.03 vs 3.06), 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.
Find the right allocation for BNY and GOOGL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer