GOOG.TO vs. GOOG
GOOG.TO (Alphabet CDR (CAD Hedged)) 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.TO returned 40.47%/yr vs 44.19%/yr for GOOG. Their correlation of 0.93 suggests significant overlap in exposure.
Performance
GOOG.TO vs. GOOG - Performance Comparison
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Different Trading Currencies
GOOG.TO 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.TO achieves a 16.59% return, which is significantly lower than GOOG's 18.48% return.
GOOG.TO
- 1D
- 3.54%
- 1M
- -6.73%
- YTD
- 16.59%
- 6M
- 13.36%
- 1Y
- 112.62%
- 3Y*
- 40.47%
- 5Y*
- —
- 10Y*
- —
GOOG
- 1D
- -0.74%
- 1M
- -5.37%
- YTD
- 18.48%
- 6M
- 14.73%
- 1Y
- 120.31%
- 3Y*
- 44.19%
- 5Y*
- 28.28%
- 10Y*
- 27.40%
GOOG.TO vs. GOOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
GOOG.TO Alphabet CDR (CAD Hedged) | 16.59% | 61.01% | 33.55% | 56.62% | -39.75% | 4.65% |
GOOG Alphabet Inc | 18.48% | 57.83% | 47.27% | 55.33% | -34.30% | 6.27% |
Correlation
The correlation between GOOG.TO and GOOG is 0.93, 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 | 0.93 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Aug 12, 2021 | 0.93 |
The correlation between GOOG.TO and GOOG has been stable across timeframes, ranging from 0.93 to 0.94 - a consistent structural relationship.
Fundamentals
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Return for Risk
GOOG.TO vs. GOOG — Risk / Return Rank
GOOG.TO
GOOG
GOOG.TO vs. GOOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alphabet CDR (CAD Hedged) (GOOG.TO) 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.
| GOOG.TO | GOOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.63 | 1.69 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 5.42 | 6.25 | -0.84 |
| Martin ratioReturn relative to average drawdown | 19.31 | 21.20 | -1.88 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GOOG.TO | GOOG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.97 | 4.27 | -0.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.95 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.99 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.94 | -0.27 |
Drawdowns
GOOG.TO vs. GOOG - Drawdown Comparison
The maximum GOOG.TO drawdown since its inception was -45.34%, which is greater than GOOG's maximum drawdown of -39.55%. Use the drawdown chart below to compare losses from any high point for GOOG.TO and GOOG.
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Drawdown Indicators
| GOOG.TO | GOOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.34% | -39.55% | -5.79% |
Max Drawdown (1Y)Largest decline over 1 year | -21.03% | -19.35% | -1.68% |
Max Drawdown (3Y)Largest decline over 3 years | -29.62% | -30.46% | +0.84% |
Max Drawdown (5Y)Largest decline over 5 years | — | -39.55% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.55% | — |
Current DrawdownCurrent decline from peak | -7.56% | -6.80% | -0.76% |
Average DrawdownAverage peak-to-trough decline | -14.14% | -8.38% | -5.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.89% | 5.70% | +0.19% |
Volatility
GOOG.TO vs. GOOG - Volatility Comparison
Alphabet CDR (CAD Hedged) (GOOG.TO) has a higher volatility of 9.03% compared to Alphabet Inc (GOOG) at 8.38%. This indicates that GOOG.TO's price experiences larger fluctuations and is considered to be riskier 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.TO | GOOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.03% | 8.38% | +0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 20.35% | 19.83% | +0.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.72% | 28.31% | +0.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.29% | 29.90% | +1.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.29% | 27.82% | +3.47% |
Dividends
GOOG.TO vs. GOOG - Dividend Comparison
GOOG.TO's dividend yield for the trailing twelve months is around 0.23%, which matches GOOG's 0.23% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
GOOG Alphabet Inc | 0.23% | 0.26% | 0.32% |
GOOG.TO Alphabet CDR (CAD Hedged) | 0.23% | 0.27% | 0.31% |
Financials
GOOG.TO vs. GOOG - Financials Comparison
This section allows you to compare key financial metrics between Alphabet CDR (CAD Hedged) 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
Frequently Asked Questions
With a correlation of 0.93, GOOG.TO 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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