GOOGL vs. GOOG.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Alphabet Inc Class A (GOOGL) and Alphabet CDR (CAD Hedged) (GOOG.TO).

Performance

GOOGL vs. GOOG.TO - Performance Comparison

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

GOOGL vs. GOOG.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
GOOGL Alphabet Inc Class A	-8.06%	65.99%	36.01%	58.32%	-39.09%	6.29%
GOOG.TO Alphabet CDR (CAD Hedged)	-10.24%	68.73%	23.00%	60.18%	-43.78%	3.49%

Different Trading Currencies

GOOGL is traded in USD, while GOOG.TO is traded in CAD. To make them comparable, the GOOG.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, GOOGL achieves a -8.06% return, which is significantly higher than GOOG.TO's -10.24% return.

GOOGL

• 1D: 5.14%
• 1M: -7.70%
• YTD: -8.06%
• 6M: 18.45%
• 1Y: 86.60%
• 3Y*: 40.86%
• 5Y*: 22.18%
• 10Y*: 22.38%

GOOG.TO

• 1D: 4.76%
• 1M: -9.77%
• YTD: -10.24%
• 6M: 16.64%
• 1Y: 85.66%
• 3Y*: 36.66%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

GOOGL vs. GOOG.TO — Risk / Return Rank

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

GOOGL

GOOGL Risk / Return Rank: 95
GOOGL Sharpe Ratio Rank: 96
GOOGL Sortino Ratio Rank: 96
GOOGL Omega Ratio Rank: 94
GOOGL Calmar Ratio Rank: 92
GOOGL Martin Ratio Rank: 96

GOOG.TO

GOOG.TO Risk / Return Rank: 94
GOOG.TO Sharpe Ratio Rank: 95
GOOG.TO Sortino Ratio Rank: 95
GOOG.TO Omega Ratio Rank: 93
GOOG.TO Calmar Ratio Rank: 90
GOOG.TO Martin Ratio Rank: 94

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.

GOOGL vs. GOOG.TO - Risk-Adjusted Trends Comparison

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

	GOOGL	GOOG.TO	Difference
Sharpe ratio Return per unit of total volatility	2.85	2.77	+0.07
Sortino ratio Return per unit of downside risk	3.79	3.73	+0.07
Omega ratio Gain probability vs. loss probability	1.47	1.46	+0.01
Calmar ratio Return relative to maximum drawdown	4.27	3.80	+0.47
Martin ratio Return relative to average drawdown	16.70	15.34	+1.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GOOGL vs. GOOG.TO - Sharpe Ratio Comparison

The current GOOGL Sharpe Ratio is 2.85, which is comparable to the GOOG.TO Sharpe Ratio of 2.77. The chart below compares the historical Sharpe Ratios of GOOGL and GOOG.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GOOGL	GOOG.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.85	2.77	+0.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.78	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	0.38	+0.26

Correlation

The correlation between GOOGL and GOOG.TO is 0.94, 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.

Dividends

GOOGL vs. GOOG.TO - Dividend Comparison

GOOGL's dividend yield for the trailing twelve months is around 0.29%, which matches GOOG.TO's 0.29% yield.

	TTM	2025	2024
GOOGL Alphabet Inc Class A	0.29%	0.27%	0.32%
GOOG.TO Alphabet CDR (CAD Hedged)	0.29%	0.27%	0.31%

Drawdowns

GOOGL vs. GOOG.TO - Drawdown Comparison

The maximum GOOGL drawdown since its inception was -65.29%, which is greater than GOOG.TO's maximum drawdown of -50.11%. Use the drawdown chart below to compare losses from any high point for GOOGL and GOOG.TO.

Drawdown Indicators

	GOOGL	GOOG.TO	Difference
Max Drawdown Largest peak-to-trough decline	-65.29%	-45.34%	-19.95%
Max Drawdown (1Y) Largest decline over 1 year	-20.37%	-21.03%	+0.66%
Max Drawdown (5Y) Largest decline over 5 years	-44.32%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-44.32%	—	—
Current Drawdown Current decline from peak	-16.27%	-17.34%	+1.07%
Average Drawdown Average peak-to-trough decline	-19.15%	-14.52%	-4.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.21%	5.47%	-0.26%

Volatility

GOOGL vs. GOOG.TO - Volatility Comparison

Alphabet Inc Class A (GOOGL) and Alphabet CDR (CAD Hedged) (GOOG.TO) have volatilities of 9.09% and 9.02%, 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.

Volatility by Period

	GOOGL	GOOG.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.09%	9.02%	+0.07%
Volatility (6M) Calculated over the trailing 6-month period	19.73%	19.85%	-0.12%
Volatility (1Y) Calculated over the trailing 1-year period	30.56%	31.05%	-0.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.87%	33.47%	-2.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.84%	33.47%	-4.63%

Financials