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GOOGL vs. IWR
Performance
Return for Risk
Drawdowns
Volatility
Dividends

GOOGL vs. IWR

Last updated Jun 13, 2026

GOOGL (Alphabet Inc. Class A) is a stock, while IWR (iShares Russell Midcap ETF) is Mid Cap Growth Equities fund tracking the Russell Midcap Index. Over the past 10 years, GOOGL returned 25.76%/yr vs 11.79%/yr for IWR. A 0.54 correlation means they provide meaningful diversification when combined.

Performance

GOOGL vs. IWR - Performance Comparison

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

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Returns By Period

In the year-to-date period, GOOGL achieves a 15.06% return, which is significantly higher than IWR's 13.23% return. Over the past 10 years, GOOGL has outperformed IWR with an annualized return of 25.76%, while IWR has yielded a comparatively lower 11.79% 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%

IWR

1D
0.93%
1M
3.80%
YTD
13.23%
6M
11.96%
1Y
21.77%
3Y*
16.40%
5Y*
7.99%
10Y*
11.79%
*Multi-year figures are annualized to reflect compound growth (CAGR)

GOOGL vs. IWR - 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%
IWR
iShares Russell Midcap ETF		13.23%10.37%15.21%17.05%-17.48%22.44%16.93%30.23%-9.10%18.25%

Correlation

The correlation between GOOGL and IWR is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.33

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

0.36

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

0.51

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

0.54

Correlation (All Time)
Calculated using the full available price history since Aug 19, 2004

0.54

Over the past year, the correlation between GOOGL and IWR has dropped to 0.33 - well below their long-term average of 0.54, suggesting their price drivers have been diverging.

Compare stocks, funds, or ETFs

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Alphabet Inc. Class A

iShares Russell Midcap ETF

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Often compared with IWR:
IWR vs. VOIWR vs. IWDIWR vs. SPMDIWR vs. IWNIWR vs. SCHMIWR vs. VXFIWR vs. REGL

Return for Risk

GOOGL vs. IWR — 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
IWR
IWR Risk / Return Rank: 5656
Overall Rank
IWR Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
IWR Sortino Ratio Rank: 5454
Sortino Ratio Rank
IWR Omega Ratio Rank: 4949
Omega Ratio Rank
IWR Calmar Ratio Rank: 6161
Calmar Ratio Rank
IWR Martin Ratio Rank: 6565
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. IWR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alphabet Inc. Class A (GOOGL) and iShares Russell Midcap ETF (IWR). 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.

GOOGLIWRDifference
Sharpe ratioReturn per unit of total volatility
3.62
1.59

+2.03

Sortino ratioReturn per unit of downside risk
4.92
2.28

+2.64

Omega ratioGain probability vs. loss probability

1.59

1.28

+0.31

Calmar ratioReturn relative to maximum drawdown

5.20

2.68

+2.52

Martin ratioReturn relative to average drawdown

18.48

10.26

+8.22

GOOGL vs. IWR - Sharpe Ratio Comparison

The current GOOGL Sharpe Ratio is 3.62, which is higher than the IWR Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of GOOGL and IWR, 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. IWR - Drawdown Comparison

The maximum GOOGL drawdown since its inception was -65.29%, which is greater than IWR's maximum drawdown of -58.78%. Use the drawdown chart below to compare losses from any high point for GOOGL and IWR.

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Drawdown Indicators

GOOGLIWRDifference

Max Drawdown

Largest peak-to-trough decline

-65.29%

-58.78%

-6.51%

Max Drawdown (1Y)

Largest decline over 1 year

-20.37%

-8.17%

-12.20%

Max Drawdown (3Y)

Largest decline over 3 years

-29.81%

-21.09%

-8.72%

Max Drawdown (5Y)

Largest decline over 5 years

-44.32%

-26.18%

-18.14%

Max Drawdown (10Y)

Largest decline over 10 years

-44.32%

-40.59%

-3.73%

Current Drawdown

Current decline from peak

-10.61%

0.00%

-10.61%

Average Drawdown

Average peak-to-trough decline

-13.01%

-7.80%

-5.21%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.72%

2.13%

+3.59%

Volatility

GOOGL vs. IWR - Volatility Comparison

Alphabet Inc. Class A (GOOGL) has a higher volatility of 7.24% compared to iShares Russell Midcap ETF (IWR) at 4.49%. This indicates that GOOGL's price experiences larger fluctuations and is considered to be riskier than IWR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

GOOGLIWRDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.24%

4.49%

+2.75%

Volatility (6M)

Calculated over the trailing 6-month period

20.82%

10.34%

+10.48%

Volatility (1Y)

Calculated over the trailing 1-year period

29.31%

13.79%

+15.52%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

31.33%

18.28%

+13.05%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.13%

19.38%

+9.75%

Dividends

GOOGL vs. IWR - Dividend Comparison

GOOGL's dividend yield for the trailing twelve months is around 0.24%, less than IWR's 1.14% yield.

PositionTTM20252024202320222021202020192018201720162015
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%
IWR
iShares Russell Midcap ETF		1.14%1.29%1.27%1.43%1.59%1.04%1.28%1.43%1.98%1.52%1.72%1.59%

Frequently Asked Questions

GOOGL and IWR have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

GOOGL has higher volatility (7.24%) compared to IWR (4.49%). In terms of maximum drawdown, GOOGL dropped -65.29% vs IWR's -58.78%.

GOOGL currently has the higher Sharpe Ratio (3.62 vs 1.59), 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.

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