GOOG vs. CP.TO
GOOG (Alphabet Inc) and CP.TO (Canadian Pacific Railway Limited) are both stocks. GOOG operates in Internet Content & Information (Communication Services), while CP.TO operates in Railroads (Industrials). Over the past 10 years, GOOG returned 25.97%/yr vs 16.86%/yr for CP.TO. At a 0.25 correlation, their price movements are largely independent.
Performance
GOOG vs. CP.TO - Performance Comparison
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Different Trading Currencies
GOOG is traded in USD, while CP.TO is traded in CAD. To make them comparable, the CP.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, GOOG achieves a 14.29% return, which is significantly lower than CP.TO's 22.22% return. Over the past 10 years, GOOG has outperformed CP.TO with an annualized return of 25.97%, while CP.TO has yielded a comparatively lower 16.86% annualized return.
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%
CP.TO
- 1D
- 0.66%
- 1M
- 5.02%
- YTD
- 22.22%
- 6M
- 20.47%
- 1Y
- 12.33%
- 3Y*
- 6.28%
- 5Y*
- 2.97%
- 10Y*
- 16.86%
GOOG vs. CP.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GOOG Alphabet Inc | 14.29% | 65.42% | 35.62% | 58.83% | -38.67% | 65.17% | 31.03% | 29.10% | -1.03% | 35.58% |
CP.TO Canadian Pacific Railway Limited | 22.22% | 2.59% | -7.85% | 7.17% | 5.17% | 4.84% | 43.50% | 50.20% | 2.51% | 35.44% |
Correlation
The correlation between GOOG and CP.TO is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2014 | 0.25 |
The correlation between GOOG and CP.TO shifts across timeframes, from 0.12 (1 year) to 0.25 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
GOOG:
$4.38T
CP.TO:
CA$112.95B
GOOG:
$13.11
CP.TO:
CA$4.49
GOOG:
27.31
CP.TO:
28.03
GOOG:
1.34
CP.TO:
11.78
GOOG:
10.35
CP.TO:
7.63
GOOG:
9.16
CP.TO:
2.43
GOOG:
$422.57B
CP.TO:
CA$14.98B
GOOG:
$255.12B
CP.TO:
CA$6.94B
GOOG:
$174.08B
CP.TO:
CA$8.23B
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Return for Risk
GOOG vs. CP.TO — Risk / Return Rank
GOOG
CP.TO
GOOG vs. CP.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alphabet Inc (GOOG) and Canadian Pacific Railway Limited (CP.TO). 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 | CP.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.06 | ||
| Sortino ratioReturn per unit of downside risk | +4.00 | ||
| Omega ratioGain probability vs. loss probability | 1.59 | 1.11 | +0.48 |
| Calmar ratioReturn relative to maximum drawdown | 4.99 | 0.77 | +4.22 |
| Martin ratioReturn relative to average drawdown | 17.56 | 1.46 | +16.10 |
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Drawdowns
GOOG vs. CP.TO - Drawdown Comparison
The maximum GOOG drawdown since its inception was -44.60%, smaller than the maximum CP.TO drawdown of -66.07%. Use the drawdown chart below to compare losses from any high point for GOOG and CP.TO.
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Drawdown Indicators
| GOOG | CP.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.60% | -66.07% | +21.47% |
Max Drawdown (1Y)Largest decline over 1 year | -20.75% | -16.04% | -4.71% |
Max Drawdown (3Y)Largest decline over 3 years | -29.35% | -25.70% | -3.65% |
Max Drawdown (5Y)Largest decline over 5 years | -44.60% | -25.70% | -18.90% |
Max Drawdown (10Y)Largest decline over 10 years | -44.60% | -33.22% | -11.38% |
Current DrawdownCurrent decline from peak | -10.19% | -1.56% | -8.63% |
Average DrawdownAverage peak-to-trough decline | -8.89% | -12.84% | +3.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.88% | 8.44% | -2.56% |
Volatility
GOOG vs. CP.TO - Volatility Comparison
Alphabet Inc (GOOG) has a higher volatility of 7.29% compared to Canadian Pacific Railway Limited (CP.TO) at 5.22%. This indicates that GOOG's price experiences larger fluctuations and is considered to be riskier than CP.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GOOG | CP.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.29% | 5.22% | +2.07% |
Volatility (6M)Calculated over the trailing 6-month period | 20.47% | 17.42% | +3.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.75% | 22.53% | +6.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.15% | 23.54% | +7.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.02% | 24.69% | +4.33% |
Dividends
GOOG vs. CP.TO - Dividend Comparison
GOOG's dividend yield for the trailing twelve months is around 0.24%, less than CP.TO's 0.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CP.TO Canadian Pacific Railway Limited | 0.72% | 0.86% | 0.73% | 0.72% | 0.75% | 1.67% | 4.03% | 4.74% | 5.19% | 4.76% | 4.83% | 3.96% |
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
GOOG vs. CP.TO - Financials Comparison
This section allows you to compare key financial metrics between Alphabet Inc and Canadian Pacific Railway Limited. 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 vs. CP.TO - Profitability Comparison
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%.
CP.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Canadian Pacific Railway Limited reported a gross profit of 1.36B and revenue of 3.70B. Therefore, the gross margin over that period was 36.8%.
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%.
CP.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Canadian Pacific Railway Limited reported an operating income of 1.27B and revenue of 3.70B, resulting in an operating margin of 34.2%.
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%.
CP.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Canadian Pacific Railway Limited reported a net income of 846.00M and revenue of 3.70B, resulting in a net margin of 22.9%.
Frequently Asked Questions
GOOG and CP.TO have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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