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GOOG vs. GOOGL
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

GOOG vs. GOOGL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alphabet Inc (GOOG) and Alphabet Inc. Class A (GOOGL). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both investments are quite close, with GOOG having a 17.25% return and GOOGL slightly higher at 17.73%. Both investments have delivered pretty close results over the past 10 years, with GOOG having a 26.73% annualized return and GOOGL not far behind at 26.53%.


GOOG

1D
1.48%
1M
-4.47%
YTD
17.25%
6M
19.22%
1Y
111.81%
3Y*
44.03%
5Y*
24.17%
10Y*
26.73%

GOOGL

1D
1.17%
1M
-5.31%
YTD
17.73%
6M
19.97%
1Y
112.95%
3Y*
44.32%
5Y*
25.32%
10Y*
26.53%
*Multi-year figures are annualized to reflect compound growth (CAGR)

GOOG vs. GOOGL - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
GOOG
Alphabet Inc
17.25%65.42%35.62%58.83%-38.67%65.17%31.03%29.10%-1.03%35.58%
GOOGL
Alphabet Inc. Class A
17.73%65.99%36.01%58.32%-39.09%65.30%30.85%28.18%-0.80%32.93%

Correlation

The correlation between GOOG and GOOGL is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

1.00

Correlation (3Y)
Calculated over the trailing 3-year period

1.00

Correlation (5Y)
Calculated over the trailing 5-year period

0.99

Correlation (10Y)
Calculated over the trailing 10-year period

0.99

Correlation (All Time)
Calculated using the full available price history since Apr 3, 2014

0.99

The correlation between GOOG and GOOGL has been stable across timeframes, ranging from 0.99 to 1.00 - a consistent structural relationship.

Fundamentals

Market Cap

GOOG:

$4.50T

GOOGL:

$4.50T

EPS

GOOG:

$13.11

GOOGL:

$13.11

PE Ratio

GOOG:

28.02

GOOGL:

28.06

PEG Ratio

GOOG:

1.38

GOOGL:

1.38

PS Ratio

GOOG:

10.62

GOOGL:

10.64

PB Ratio

GOOG:

9.39

GOOGL:

9.41

Total Revenue (TTM)

GOOG:

$422.57B

GOOGL:

$422.57B

Gross Profit (TTM)

GOOG:

$255.12B

GOOGL:

$255.12B

EBITDA (TTM)

GOOG:

$174.08B

GOOGL:

$174.08B

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Return for Risk

GOOG vs. GOOGL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GOOG
GOOG Risk / Return Rank: 9696
Overall Rank
GOOG Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
GOOG Sortino Ratio Rank: 9898
Sortino Ratio Rank
GOOG Omega Ratio Rank: 9797
Omega Ratio Rank
GOOG Calmar Ratio Rank: 9393
Calmar Ratio Rank
GOOG Martin Ratio Rank: 9595
Martin Ratio Rank

GOOGL
GOOGL Risk / Return Rank: 9696
Overall Rank
GOOGL Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
GOOGL Sortino Ratio Rank: 9898
Sortino Ratio Rank
GOOGL Omega Ratio Rank: 9797
Omega Ratio Rank
GOOGL Calmar Ratio Rank: 9393
Calmar Ratio Rank
GOOGL Martin Ratio Rank: 9696
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GOOG vs. GOOGL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alphabet Inc (GOOG) and Alphabet Inc. Class A (GOOGL). 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.


GOOGGOOGLDifference
Sharpe ratioReturn per unit of total volatility

+0.04

Sortino ratioReturn per unit of downside risk

+0.11

Omega ratioGain probability vs. loss probability

1.63

1.62

+0.01

Calmar ratioReturn relative to maximum drawdown

5.42

5.58

-0.16

Martin ratioReturn relative to average drawdown

18.93

19.64

-0.70

GOOG vs. GOOGL - Sharpe Ratio Comparison

The current GOOG Sharpe Ratio is 3.90, which is comparable to the GOOGL Sharpe Ratio of 3.86. The chart below compares the historical Sharpe Ratios of GOOG and GOOGL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

GOOG vs. GOOGL - Drawdown Comparison

The maximum GOOG drawdown since its inception was -44.60%, smaller than the maximum GOOGL drawdown of -65.29%. Use the drawdown chart below to compare losses from any high point for GOOG and GOOGL.


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Drawdown Indicators


GOOGGOOGLDifference

Max Drawdown

Largest peak-to-trough decline

-44.60%

-65.29%

+20.69%

Max Drawdown (1Y)

Largest decline over 1 year

-20.75%

-20.37%

-0.38%

Max Drawdown (3Y)

Largest decline over 3 years

-29.35%

-29.81%

+0.46%

Max Drawdown (5Y)

Largest decline over 5 years

-44.60%

-44.32%

-0.28%

Max Drawdown (10Y)

Largest decline over 10 years

-44.60%

-44.32%

-0.28%

Current Drawdown

Current decline from peak

-7.86%

-8.54%

+0.68%

Average Drawdown

Average peak-to-trough decline

-8.89%

-13.01%

+4.12%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.94%

5.79%

+0.15%

Volatility

GOOG vs. GOOGL - Volatility Comparison

Alphabet Inc (GOOG) and Alphabet Inc. Class A (GOOGL) have volatilities of 8.25% and 8.18%, 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


GOOGGOOGLDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.25%

8.18%

+0.07%

Volatility (6M)

Calculated over the trailing 6-month period

20.64%

20.99%

-0.35%

Volatility (1Y)

Calculated over the trailing 1-year period

28.94%

29.50%

-0.56%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

31.21%

31.38%

-0.17%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.03%

29.14%

-0.11%

Dividends

GOOG vs. GOOGL - Dividend Comparison

GOOG's dividend yield for the trailing twelve months is around 0.23%, which matches GOOGL's 0.23% yield.


PositionTTM20252024
GOOG
Alphabet Inc
0.23%0.26%0.32%
GOOGL
Alphabet Inc. Class A
0.23%0.27%0.32%

Financials

GOOG vs. GOOGL - Financials Comparison

This section allows you to compare key financial metrics between Alphabet Inc and Alphabet Inc. Class A. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


60.00B70.00B80.00B90.00B100.00B110.00B20222023202420252026
109.90B
109.90B
(GOOG) Total Revenue
(GOOGL) Total Revenue
Values in USD except per share items

GOOG vs. GOOGL - Profitability Comparison

The chart below illustrates the profitability comparison between Alphabet Inc and Alphabet Inc. Class A over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

54.0%56.0%58.0%60.0%62.0%20222023202420252026
62.5%
62.5%
Portfolio components
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%.

GOOGL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alphabet Inc. Class A reported a gross profit of 68.63B and revenue of 109.90B. Therefore, the gross margin over that period was 62.5%.

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%.

GOOGL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alphabet Inc. Class A reported an operating income of 39.70B and revenue of 109.90B, resulting in an operating margin of 36.1%.

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%.

GOOGL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alphabet Inc. Class A 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 1.00, GOOG and GOOGL 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.

GOOG has higher volatility (8.25%) compared to GOOGL (8.18%). In terms of maximum drawdown, GOOG dropped -44.60% vs GOOGL's -65.29%.

GOOG currently has the higher Sharpe Ratio (3.90 vs 3.86), 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.

Portfolio Optimizer

Find the right allocation for GOOG and GOOGL

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