GOOG.NEO vs. GOOG
GOOG.NEO (Alphabet Inc CDR) and GOOG (Alphabet Inc) are both stocks. Both operate in the Internet Content & Information industry within the Communication Services sector. Over the past 3 years, GOOG.NEO returned 40.55%/yr vs 46.36%/yr for GOOG. Their correlation of 0.93 suggests significant overlap in exposure.
Performance
GOOG.NEO vs. GOOG - Performance Comparison
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Different Trading Currencies
GOOG.NEO is traded in CAD, while GOOG is traded in USD. To make them comparable, the GOOG values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, GOOG.NEO achieves a 10.65% return, which is significantly lower than GOOG's 14.77% return.
GOOG.NEO
- 1D
- 1.48%
- 1M
- -4.18%
- 6M
- 7.19%
- YTD
- 10.65%
- 1Y
- 84.78%
- 3Y*
- 40.55%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 18.74%
GOOG
- 1D
- 1.39%
- 1M
- -4.93%
- 6M
- 7.51%
- YTD
- 14.77%
- 1Y
- 93.42%
- 3Y*
- 46.36%
- 5Y*
- 24.21%
- 10Y*
- 26.19%
- ALL TIME*
- 25.17%
GOOG.NEO vs. GOOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
GOOG.NEO Alphabet Inc CDR | 10.65% | 61.20% | 33.56% | 56.62% | -39.75% | 3.92% |
GOOG Alphabet Inc | 14.77% | 57.87% | 47.10% | 55.05% | -34.79% | 6.19% |
Correlation
The correlation between GOOG.NEO and GOOG is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.94 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Aug 11, 2021 | 0.93 |
The correlation between GOOG.NEO and GOOG has been stable across timeframes, ranging from 0.93 to 0.94 - a consistent structural relationship.
Fundamentals
GOOG.NEO:
CA$5.47T
GOOG:
$4.26T
GOOG.NEO:
$10.29
GOOG:
$13.11
GOOG.NEO:
3.90
GOOG:
26.81
GOOG.NEO:
1.26
GOOG:
10.16
GOOG.NEO:
1.25
GOOG:
8.98
GOOG.NEO:
$385.48B
GOOG:
$422.57B
GOOG.NEO:
$228.10B
GOOG:
$255.12B
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Return for Risk
GOOG.NEO vs. GOOG — Risk / Return Rank
GOOG.NEO
GOOG
GOOG.NEO vs. GOOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alphabet Inc CDR (GOOG.NEO) 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.
| GOOG.NEO | GOOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.29 | ||
| Sortino ratioReturn per unit of downside risk | -0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.51 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 4.04 | 4.86 | -0.83 |
| Martin ratioReturn relative to average drawdown | 12.20 | 15.10 | -2.90 |
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Drawdowns
GOOG.NEO vs. GOOG - Drawdown Comparison
The maximum GOOG.NEO drawdown since its inception was -45.34%, which is greater than GOOG's maximum drawdown of -39.75%. Use the drawdown chart below to compare losses from any high point for GOOG.NEO and GOOG.
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Drawdown Indicators
| GOOG.NEO | GOOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.34% | -39.75% | -5.59% |
Max Drawdown (1Y)Largest decline over 1 year | -21.11% | -19.31% | -1.80% |
Max Drawdown (3Y)Largest decline over 3 years | -29.62% | -30.46% | +0.84% |
Max Drawdown (5Y)Largest decline over 5 years | — | -39.75% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.75% | — |
Current DrawdownCurrent decline from peak | -12.18% | -9.82% | -2.36% |
Average DrawdownAverage peak-to-trough decline | -14.02% | -8.46% | -5.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.97% | 6.21% | +0.76% |
Volatility
GOOG.NEO vs. GOOG - Volatility Comparison
The current volatility for Alphabet Inc CDR (GOOG.NEO) is 10.04%, while Alphabet Inc (GOOG) has a volatility of 10.66%. This indicates that GOOG.NEO 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
| GOOG.NEO | GOOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.04% | 10.66% | -0.62% |
Volatility (6M)Calculated over the trailing 6-month period | 22.14% | 22.39% | -0.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.19% | 30.18% | +0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.46% | 32.06% | -0.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.46% | 29.86% | +1.60% |
Dividends
GOOG.NEO vs. GOOG - Dividend Comparison
GOOG.NEO's dividend yield for the trailing twelve months is around 0.24%, which matches GOOG's 0.24% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
GOOG Alphabet Inc | 0.24% | 0.26% | 0.32% |
GOOG.NEO Alphabet Inc CDR | 0.24% | 0.27% | 0.32% |
Financials
GOOG.NEO vs. GOOG - Financials Comparison
This section allows you to compare key financial metrics between Alphabet Inc CDR 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
GOOG.NEO vs. GOOG - Profitability Comparison
GOOG.NEO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Alphabet Inc CDR reported a gross profit of 60.98B and revenue of 102.35B. Therefore, the gross margin over that period was 59.6%.
GOOG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
GOOG.NEO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Alphabet Inc CDR reported an operating income of 31.23B and revenue of 102.35B, resulting in an operating margin of 30.5%.
GOOG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Alphabet Inc reported an operating income of 39.70B and revenue of 109.90B, resulting in an operating margin of 36.1%.
GOOG.NEO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Alphabet Inc CDR reported a net income of 34.98B and revenue of 102.35B, resulting in a net margin of 34.2%.
GOOG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 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
With a correlation of 0.94, GOOG.NEO and GOOG move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
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