GOOG vs. SPY
Compare and contrast key facts about Alphabet Inc. (GOOG) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GOOG or SPY.
Correlation
The correlation between GOOG and SPY is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
GOOG vs. SPY - Performance Comparison
Key characteristics
GOOG:
0.09
SPY:
0.54
GOOG:
0.35
SPY:
0.89
GOOG:
1.04
SPY:
1.13
GOOG:
0.09
SPY:
0.58
GOOG:
0.22
SPY:
2.39
GOOG:
12.50%
SPY:
4.51%
GOOG:
31.55%
SPY:
20.07%
GOOG:
-44.60%
SPY:
-55.19%
GOOG:
-22.17%
SPY:
-10.54%
Returns By Period
In the year-to-date period, GOOG achieves a -15.12% return, which is significantly lower than SPY's -6.44% return. Over the past 10 years, GOOG has outperformed SPY with an annualized return of 19.36%, while SPY has yielded a comparatively lower 11.95% annualized return.
GOOG
-15.12%
-6.55%
-1.64%
0.70%
20.53%
19.36%
SPY
-6.44%
-5.00%
-5.02%
9.54%
15.80%
11.95%
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Risk-Adjusted Performance
GOOG vs. SPY — Risk-Adjusted Performance Rank
GOOG
SPY
GOOG vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alphabet Inc. (GOOG) and SPDR S&P 500 ETF (SPY). 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.
Dividends
GOOG vs. SPY - Dividend Comparison
GOOG's dividend yield for the trailing twelve months is around 0.50%, less than SPY's 1.31% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
GOOG Alphabet Inc. | 0.50% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.31% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
GOOG vs. SPY - Drawdown Comparison
The maximum GOOG drawdown since its inception was -44.60%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GOOG and SPY. For additional features, visit the drawdowns tool.
Volatility
GOOG vs. SPY - Volatility Comparison
Alphabet Inc. (GOOG) and SPDR S&P 500 ETF (SPY) have volatilities of 14.99% and 15.13%, 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.