FTS vs. GOOG
FTS (Fortis Inc) and GOOG (Alphabet Inc) are both stocks. FTS operates in Utilities - Regulated Electric (Utilities), while GOOG operates in Internet Content & Information (Communication Services). Over the past 10 years, FTS returned 10.07%/yr vs 25.97%/yr for GOOG. At a 0.17 correlation, their price movements are largely independent.
Performance
FTS vs. GOOG - Performance Comparison
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Returns By Period
In the year-to-date period, FTS achieves a 11.40% return, which is significantly lower than GOOG's 14.29% return. Over the past 10 years, FTS has underperformed GOOG with an annualized return of 10.07%, while GOOG has yielded a comparatively higher 25.97% annualized return.
FTS
- 1D
- 0.87%
- 1M
- 2.11%
- YTD
- 11.40%
- 6M
- 13.52%
- 1Y
- 22.71%
- 3Y*
- 14.70%
- 5Y*
- 8.43%
- 10Y*
- 10.07%
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%
FTS vs. GOOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FTS Fortis Inc | 11.40% | 29.62% | 5.81% | 7.38% | -13.69% | 22.73% | 1.91% | 29.00% | -5.86% | 24.45% |
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 FTS and GOOG is -0.08, 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 | -0.08 |
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 | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.17 |
The correlation between FTS and GOOG shifts across timeframes, from -0.08 (1 year) to 0.17 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
FTS:
$28.94B
GOOG:
$4.38T
FTS:
CA$3.40
GOOG:
$13.11
FTS:
23.41
GOOG:
27.31
FTS:
3.41
GOOG:
1.34
FTS:
3.45
GOOG:
10.35
FTS:
1.77
GOOG:
9.16
FTS:
CA$12.22B
GOOG:
$422.57B
FTS:
CA$7.44B
GOOG:
$255.12B
FTS:
CA$5.80B
GOOG:
$174.08B
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Return for Risk
FTS vs. GOOG — Risk / Return Rank
FTS
GOOG
FTS vs. GOOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fortis Inc (FTS) 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.
| FTS | GOOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.91 | ||
| Sortino ratioReturn per unit of downside risk | -2.49 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.59 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | 3.66 | 4.99 | -1.33 |
| Martin ratioReturn relative to average drawdown | 9.05 | 17.56 | -8.51 |
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Drawdowns
FTS vs. GOOG - Drawdown Comparison
The maximum FTS drawdown since its inception was -34.36%, smaller than the maximum GOOG drawdown of -44.60%. Use the drawdown chart below to compare losses from any high point for FTS and GOOG.
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Drawdown Indicators
| FTS | GOOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.36% | -44.60% | +10.24% |
Max Drawdown (1Y)Largest decline over 1 year | -6.23% | -20.75% | +14.52% |
Max Drawdown (3Y)Largest decline over 3 years | -14.46% | -29.35% | +14.89% |
Max Drawdown (5Y)Largest decline over 5 years | -29.96% | -44.60% | +14.64% |
Max Drawdown (10Y)Largest decline over 10 years | -34.36% | -44.60% | +10.24% |
Current DrawdownCurrent decline from peak | -2.01% | -10.19% | +8.18% |
Average DrawdownAverage peak-to-trough decline | -6.83% | -8.89% | +2.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.52% | 5.88% | -3.36% |
Volatility
FTS vs. GOOG - Volatility Comparison
The current volatility for Fortis Inc (FTS) is 4.93%, while Alphabet Inc (GOOG) has a volatility of 7.29%. This indicates that FTS experiences smaller price fluctuations and is considered to be less risky 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
| FTS | GOOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.93% | 7.29% | -2.36% |
Volatility (6M)Calculated over the trailing 6-month period | 10.55% | 20.47% | -9.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.48% | 28.75% | -15.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.31% | 31.15% | -14.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.94% | 29.02% | -10.08% |
Dividends
FTS vs. GOOG - Dividend Comparison
FTS's dividend yield for the trailing twelve months is around 3.23%, more than GOOG's 0.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
FTS Fortis Inc | 3.23% | 3.42% | 4.62% | 4.50% | 4.48% | 3.40% | 3.54% | 3.31% | 3.35% | 4.43% | 4.94% |
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% |
Financials
FTS vs. GOOG - Financials Comparison
This section allows you to compare key financial metrics between Fortis 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
FTS vs. GOOG - Profitability Comparison
FTS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fortis Inc reported a gross profit of 935.41M and revenue of 3.39B. Therefore, the gross margin over that period was 27.6%.
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%.
FTS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fortis Inc reported an operating income of 935.41M and revenue of 3.39B, resulting in an operating margin of 27.6%.
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%.
FTS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fortis Inc reported a net income of 524.35M and revenue of 3.39B, resulting in a net margin of 15.5%.
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
FTS and GOOG have a correlation of -0.08, 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 FTS (4.93%). In terms of maximum drawdown, FTS dropped -34.36% vs GOOG's -44.60%.
GOOG currently has the higher Sharpe Ratio (3.60 vs 1.70), 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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