CAH vs. GOOG
CAH (Cardinal Health, Inc.) and GOOG (Alphabet Inc) are both stocks. CAH operates in Medical Distribution (Healthcare), while GOOG operates in Internet Content & Information (Communication Services). Over the past 10 years, CAH returned 14.31%/yr vs 25.97%/yr for GOOG. At a 0.24 correlation, their price movements are largely independent.
Performance
CAH vs. GOOG - Performance Comparison
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Returns By Period
In the year-to-date period, CAH achieves a 9.47% return, which is significantly lower than GOOG's 14.29% return. Over the past 10 years, CAH has underperformed GOOG with an annualized return of 14.31%, while GOOG has yielded a comparatively higher 25.97% annualized return.
CAH
- 1D
- 1.22%
- 1M
- 20.12%
- YTD
- 9.47%
- 6M
- 13.51%
- 1Y
- 41.03%
- 3Y*
- 38.77%
- 5Y*
- 33.47%
- 10Y*
- 14.31%
GOOG
- 1D
- 0.45%
- 1M
- -10.19%
- YTD
- 14.29%
- 6M
- 15.49%
- 1Y
- 102.96%
- 3Y*
- 42.67%
- 5Y*
- 23.51%
- 10Y*
- 25.97%
CAH vs. GOOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CAH Cardinal Health, Inc. | 9.47% | 76.25% | 19.01% | 34.15% | 54.08% | -0.40% | 10.09% | 18.04% | -24.50% | -12.65% |
GOOG Alphabet Inc | 14.29% | 65.42% | 35.62% | 58.83% | -38.67% | 65.17% | 31.03% | 29.10% | -1.03% | 35.58% |
Correlation
The correlation between CAH and GOOG is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2014 | 0.24 |
The correlation between CAH and GOOG shifts across timeframes, from 0.01 (3 years) to 0.24 (all time), reflecting how their relationship changes across market environments.
Fundamentals
CAH:
$52.83B
GOOG:
$4.38T
CAH:
$6.55
GOOG:
$13.11
CAH:
34.17
GOOG:
27.31
CAH:
0.81
GOOG:
1.34
CAH:
0.21
GOOG:
10.35
CAH:
$250.55B
GOOG:
$422.57B
CAH:
$9.23B
GOOG:
$255.12B
CAH:
$2.79B
GOOG:
$174.08B
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Return for Risk
CAH vs. GOOG — Risk / Return Rank
CAH
GOOG
CAH vs. GOOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cardinal Health, Inc. (CAH) 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.
| CAH | GOOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.23 | ||
| Sortino ratioReturn per unit of downside risk | -2.72 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.59 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | 2.02 | 4.99 | -2.97 |
| Martin ratioReturn relative to average drawdown | 5.31 | 17.56 | -12.25 |
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Drawdowns
CAH vs. GOOG - Drawdown Comparison
The maximum CAH drawdown since its inception was -61.93%, which is greater than GOOG's maximum drawdown of -44.60%. Use the drawdown chart below to compare losses from any high point for CAH and GOOG.
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Drawdown Indicators
| CAH | GOOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.93% | -44.60% | -17.33% |
Max Drawdown (1Y)Largest decline over 1 year | -20.42% | -20.75% | +0.33% |
Max Drawdown (3Y)Largest decline over 3 years | -20.42% | -29.35% | +8.93% |
Max Drawdown (5Y)Largest decline over 5 years | -22.80% | -44.60% | +21.80% |
Max Drawdown (10Y)Largest decline over 10 years | -46.13% | -44.60% | -1.53% |
Current DrawdownCurrent decline from peak | -2.39% | -10.19% | +7.80% |
Average DrawdownAverage peak-to-trough decline | -15.94% | -8.89% | -7.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.75% | 5.88% | +1.87% |
Volatility
CAH vs. GOOG - Volatility Comparison
Cardinal Health, Inc. (CAH) and Alphabet Inc (GOOG) have volatilities of 7.19% and 7.29%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CAH | GOOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.19% | 7.29% | -0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 20.32% | 20.47% | -0.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.30% | 28.75% | +1.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.24% | 31.15% | -5.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.26% | 29.02% | +0.24% |
Dividends
CAH vs. GOOG - Dividend Comparison
CAH's dividend yield for the trailing twelve months is around 0.91%, more than GOOG's 0.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAH Cardinal Health, Inc. | 0.91% | 0.99% | 1.28% | 1.98% | 2.57% | 3.80% | 3.62% | 3.80% | 4.24% | 3.00% | 2.41% | 1.68% |
GOOG Alphabet Inc | 0.24% | 0.26% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
CAH vs. GOOG - Financials Comparison
This section allows you to compare key financial metrics between Cardinal Health, Inc. 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
CAH vs. GOOG - Profitability Comparison
CAH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cardinal Health, Inc. reported a gross profit of 2.50B and revenue of 60.94B. Therefore, the gross margin over that period was 4.1%.
GOOG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alphabet Inc reported a gross profit of 68.63B and revenue of 109.90B. Therefore, the gross margin over that period was 62.5%.
CAH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cardinal Health, Inc. reported an operating income of 509.00M and revenue of 60.94B, resulting in an operating margin of 0.8%.
GOOG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alphabet Inc reported an operating income of 39.70B and revenue of 109.90B, resulting in an operating margin of 36.1%.
CAH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cardinal Health, Inc. reported a net income of 399.00M and revenue of 60.94B, resulting in a net margin of 0.7%.
GOOG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alphabet Inc reported a net income of 62.58B and revenue of 109.90B, resulting in a net margin of 56.9%.
Frequently Asked Questions
CAH and GOOG have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GOOG has higher volatility (7.29%) compared to CAH (7.19%). In terms of maximum drawdown, CAH dropped -61.93% vs GOOG's -44.60%.
GOOG currently has the higher Sharpe Ratio (3.60 vs 1.38), 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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