GOOGL vs. GRT-UN.TO
GOOGL (Alphabet Inc. Class A) and GRT-UN.TO (Granite Real Estate Investment Trust) are both stocks. GOOGL operates in Internet Content & Information (Communication Services), while GRT-UN.TO operates in REIT - Industrial (Real Estate). Over the past 10 years, GOOGL returned 25.76%/yr vs 13.54%/yr for GRT-UN.TO. At a 0.19 correlation, their price movements are largely independent.
Performance
GOOGL vs. GRT-UN.TO - Performance Comparison
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Different Trading Currencies
GOOGL is traded in USD, while GRT-UN.TO is traded in CAD. To make them comparable, the GRT-UN.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with GOOGL at 15.06% and GRT-UN.TO at 15.06%. Over the past 10 years, GOOGL has outperformed GRT-UN.TO with an annualized return of 25.76%, while GRT-UN.TO has yielded a comparatively lower 13.54% annualized return.
GOOGL
- 1D
- 0.53%
- 1M
- -10.61%
- YTD
- 15.06%
- 6M
- 16.44%
- 1Y
- 105.30%
- 3Y*
- 43.10%
- 5Y*
- 24.46%
- 10Y*
- 25.76%
GRT-UN.TO
- 1D
- -0.14%
- 1M
- 3.57%
- YTD
- 15.06%
- 6M
- 22.11%
- 1Y
- 34.57%
- 3Y*
- 8.16%
- 5Y*
- 4.09%
- 10Y*
- 13.54%
GOOGL vs. GRT-UN.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GOOGL Alphabet Inc. Class A | 15.06% | 65.99% | 36.01% | 58.32% | -39.09% | 65.30% | 30.85% | 28.18% | -0.80% | 32.93% |
GRT-UN.TO Granite Real Estate Investment Trust | 15.06% | 28.67% | -11.77% | 17.98% | -35.94% | 40.23% | 25.54% | 35.22% | 5.57% | 24.29% |
Correlation
The correlation between GOOGL and GRT-UN.TO is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.19 |
Fundamentals
GOOGL:
$4.40T
GRT-UN.TO:
CA$5.73B
GOOGL:
$13.11
GRT-UN.TO:
CA$6.39
GOOGL:
27.43
GRT-UN.TO:
14.79
GOOGL:
1.35
GRT-UN.TO:
0.91
GOOGL:
10.40
GRT-UN.TO:
9.15
GOOGL:
9.19
GRT-UN.TO:
1.02
GOOGL:
$422.57B
GRT-UN.TO:
CA$629.87M
GOOGL:
$255.12B
GRT-UN.TO:
CA$517.51M
GOOGL:
$174.08B
GRT-UN.TO:
CA$513.85M
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Return for Risk
GOOGL vs. GRT-UN.TO — Risk / Return Rank
GOOGL
GRT-UN.TO
GOOGL vs. GRT-UN.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alphabet Inc. Class A (GOOGL) and Granite Real Estate Investment Trust (GRT-UN.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.
| GOOGL | GRT-UN.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.86 | ||
| Sortino ratioReturn per unit of downside risk | +2.49 | ||
| Omega ratioGain probability vs. loss probability | 1.59 | 1.31 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 5.20 | 2.61 | +2.59 |
| Martin ratioReturn relative to average drawdown | 18.48 | 8.35 | +10.13 |
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Drawdowns
GOOGL vs. GRT-UN.TO - Drawdown Comparison
The maximum GOOGL drawdown since its inception was -65.29%, smaller than the maximum GRT-UN.TO drawdown of -89.30%. Use the drawdown chart below to compare losses from any high point for GOOGL and GRT-UN.TO.
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Drawdown Indicators
| GOOGL | GRT-UN.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.29% | -89.30% | +24.01% |
Max Drawdown (1Y)Largest decline over 1 year | -20.37% | -13.29% | -7.08% |
Max Drawdown (3Y)Largest decline over 3 years | -29.81% | -31.60% | +1.79% |
Max Drawdown (5Y)Largest decline over 5 years | -44.32% | -43.95% | -0.37% |
Max Drawdown (10Y)Largest decline over 10 years | -44.32% | -49.61% | +5.29% |
Current DrawdownCurrent decline from peak | -10.61% | -3.42% | -7.19% |
Average DrawdownAverage peak-to-trough decline | -13.01% | -18.51% | +5.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.72% | 4.19% | +1.53% |
Volatility
GOOGL vs. GRT-UN.TO - Volatility Comparison
Alphabet Inc. Class A (GOOGL) has a higher volatility of 7.24% compared to Granite Real Estate Investment Trust (GRT-UN.TO) at 5.65%. This indicates that GOOGL's price experiences larger fluctuations and is considered to be riskier than GRT-UN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GOOGL | GRT-UN.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.24% | 5.65% | +1.59% |
Volatility (6M)Calculated over the trailing 6-month period | 20.82% | 15.73% | +5.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.31% | 19.84% | +9.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.33% | 23.11% | +8.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.13% | 23.53% | +5.60% |
Dividends
GOOGL vs. GRT-UN.TO - Dividend Comparison
GOOGL's dividend yield for the trailing twelve months is around 0.24%, less than GRT-UN.TO's 3.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOOGL Alphabet Inc. Class A | 0.24% | 0.27% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GRT-UN.TO Granite Real Estate Investment Trust | 3.68% | 4.18% | 4.74% | 4.21% | 4.50% | 2.86% | 3.43% | 4.25% | 5.69% | 5.31% | 5.42% | 1.62% |
Financials
GOOGL vs. GRT-UN.TO - Financials Comparison
This section allows you to compare key financial metrics between Alphabet Inc. Class A and Granite Real Estate Investment Trust. 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
GOOGL vs. GRT-UN.TO - Profitability Comparison
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%.
GRT-UN.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Granite Real Estate Investment Trust reported a gross profit of 134.27M and revenue of 165.83M. Therefore, the gross margin over that period was 81.0%.
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%.
GRT-UN.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Granite Real Estate Investment Trust reported an operating income of 122.29M and revenue of 165.83M, resulting in an operating margin of 73.7%.
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%.
GRT-UN.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Granite Real Estate Investment Trust reported a net income of 91.25M and revenue of 165.83M, resulting in a net margin of 55.0%.
Frequently Asked Questions
GOOGL and GRT-UN.TO have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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