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GOOGL vs. IG.MI
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

GOOGL vs. IG.MI

Last updated Jun 13, 2026

GOOGL (Alphabet Inc. Class A) and IG.MI (Italgas SpA) are both stocks. GOOGL operates in Internet Content & Information (Communication Services), while IG.MI operates in Utilities - Regulated Gas (Utilities). Over the past 5 years, GOOGL returned 24.46%/yr vs 18.92%/yr for IG.MI. At a 0.13 correlation, their price movements are largely independent.

Performance

GOOGL vs. IG.MI - Performance Comparison

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

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Different Trading Currencies

GOOGL is traded in USD, while IG.MI is traded in EUR. To make them comparable, the IG.MI values have been converted to USD using the latest available exchange rates.

Returns By Period

The year-to-date returns for both stocks are quite close, with GOOGL having a 15.06% return and IG.MI slightly lower at 15.05%.

GOOGL

1D
0.53%
1M
-10.27%
YTD
15.06%
6M
16.44%
1Y
106.51%
3Y*
43.10%
5Y*
24.46%
10Y*
25.76%

IG.MI

1D
-0.20%
1M
6.43%
YTD
15.05%
6M
19.65%
1Y
59.82%
3Y*
33.99%
5Y*
18.92%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

GOOGL vs. IG.MI - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
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%
IG.MI
Italgas SpA		15.05%110.26%5.31%8.92%-15.02%12.55%10.53%11.00%-2.32%62.26%

Correlation

The correlation between GOOGL and IG.MI is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

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

0.08

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

0.03

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

0.12

Correlation (All Time)
Calculated using the full available price history since Nov 7, 2016

0.13

Compare stocks, funds, or ETFs

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Alphabet Inc. Class A

Italgas SpA

Often compared with GOOGL:
GOOGL vs. GOOGGOOGL vs. MSFTGOOGL vs. AAPLGOOGL vs. VOOGOOGL vs. SPYGOOGL vs. VGTGOOGL vs. AMZN
Often compared with IG.MI:
IG.MI vs. SRG.MIIG.MI vs. A2A.MIIG.MI vs. SPYIG.MI vs. SWDA.LIG.MI vs. TRN.MIIG.MI vs. ENEL.MIIG.MI vs. NEM

Return for Risk

GOOGL vs. IG.MI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
GOOGL
GOOGL Risk / Return Rank: 9696
Overall Rank
GOOGL Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
GOOGL Sortino Ratio Rank: 9898
Sortino Ratio Rank
GOOGL Omega Ratio Rank: 9696
Omega Ratio Rank
GOOGL Calmar Ratio Rank: 9393
Calmar Ratio Rank
GOOGL Martin Ratio Rank: 9595
Martin Ratio Rank
IG.MI
IG.MI Risk / Return Rank: 9494
Overall Rank
IG.MI Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
IG.MI Sortino Ratio Rank: 9595
Sortino Ratio Rank
IG.MI Omega Ratio Rank: 9595
Omega Ratio Rank
IG.MI Calmar Ratio Rank: 9191
Calmar Ratio Rank
IG.MI Martin Ratio Rank: 9292
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.

GOOGL vs. IG.MI - Risk-Adjusted Trends Comparison

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

GOOGLIG.MIDifference
Sharpe ratioReturn per unit of total volatility
3.62
2.93

+0.69

Sortino ratioReturn per unit of downside risk
4.92
3.62

+1.29

Omega ratioGain probability vs. loss probability

1.59

1.48

+0.11

Calmar ratioReturn relative to maximum drawdown

5.20

4.16

+1.04

Martin ratioReturn relative to average drawdown

18.48

11.83

+6.65

GOOGL vs. IG.MI - Sharpe Ratio Comparison

The current GOOGL Sharpe Ratio is 3.62, which is comparable to the IG.MI Sharpe Ratio of 2.93. The chart below compares the historical Sharpe Ratios of GOOGL and IG.MI, 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

GOOGL vs. IG.MI - Drawdown Comparison

The maximum GOOGL drawdown since its inception was -65.29%, which is greater than IG.MI's maximum drawdown of -34.85%. Use the drawdown chart below to compare losses from any high point for GOOGL and IG.MI.

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Drawdown Indicators

GOOGLIG.MIDifference

Max Drawdown

Largest peak-to-trough decline

-65.29%

-34.85%

-30.44%

Max Drawdown (1Y)

Largest decline over 1 year

-20.37%

-14.73%

-5.64%

Max Drawdown (3Y)

Largest decline over 3 years

-29.81%

-18.39%

-11.42%

Max Drawdown (5Y)

Largest decline over 5 years

-44.32%

-33.67%

-10.65%

Max Drawdown (10Y)

Largest decline over 10 years

-44.32%

—

—

Current Drawdown

Current decline from peak

-10.61%

-2.55%

-8.06%

Average Drawdown

Average peak-to-trough decline

-13.01%

-8.05%

-4.96%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.72%

5.18%

+0.54%

Volatility

GOOGL vs. IG.MI - Volatility Comparison

Alphabet Inc. Class A (GOOGL) has a higher volatility of 7.24% compared to Italgas SpA (IG.MI) at 6.66%. This indicates that GOOGL's price experiences larger fluctuations and is considered to be riskier than IG.MI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

GOOGLIG.MIDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.24%

6.66%

+0.58%

Volatility (6M)

Calculated over the trailing 6-month period

20.82%

17.20%

+3.62%

Volatility (1Y)

Calculated over the trailing 1-year period

29.31%

20.92%

+8.39%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

31.33%

22.61%

+8.72%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.13%

24.09%

+5.04%

Dividends

GOOGL vs. IG.MI - Dividend Comparison

GOOGL's dividend yield for the trailing twelve months is around 0.24%, less than IG.MI's 4.06% yield.

PositionTTM202520242023202220212020201920182017
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%
IG.MI
Italgas SpA		4.06%4.00%6.51%6.12%5.68%4.58%4.92%4.30%4.16%3.93%

Financials

GOOGL vs. IG.MI - Financials Comparison

This section allows you to compare key financial metrics between Alphabet Inc. Class A and Italgas SpA. 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

Please note, different currencies. GOOGL values in USD, IG.MI values in EUR

Frequently Asked Questions

GOOGL and IG.MI have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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