GOOGL vs. NGD.TO

Last updated Jun 13, 2026

GOOGL (Alphabet Inc. Class A) and NGD.TO (New Gold Inc.) are both stocks. GOOGL operates in Internet Content & Information (Communication Services), while NGD.TO operates in Gold (Basic Materials). At a 0.09 correlation, their price movements are largely independent.

Performance

GOOGL vs. NGD.TO - Performance Comparison

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

Different Trading Currencies

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

Returns By Period

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%

NGD.TO

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GOOGL vs. NGD.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%
NGD.TO New Gold Inc.	1.41%	249.08%	72.38%	47.88%	-33.82%	-32.47%	149.40%	14.23%	-76.55%	-5.95%

Correlation

The correlation between GOOGL and NGD.TO is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (5Y) Calculated over the trailing 5-year period	0.14
Correlation (10Y) Calculated over the trailing 10-year period	0.09
Correlation (All Time) Calculated using the full available price history since Apr 21, 2006	0.09

Fundamentals

Market Cap GOOGL : $4.40T NGD.TO : CA$9.63B
EPS GOOGL : $13.11 NGD.TO : $1.09
PE Ratio GOOGL : 27.43 NGD.TO : 7.99
PEG Ratio GOOGL : 1.35 NGD.TO : 0.01
PS Ratio GOOGL : 10.40 NGD.TO : 4.65
PB Ratio GOOGL : 9.19 NGD.TO : 3.61
Total Revenue (TTM) GOOGL : $422.57B NGD.TO : $1.49B
Gross Profit (TTM) GOOGL : $255.12B NGD.TO : $767.09M
EBITDA (TTM) GOOGL : $174.08B NGD.TO : $810.05M

Return for Risk

GOOGL vs. NGD.TO — Risk / Return Rank

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

GOOGL

GOOGL Risk / Return Rank: 96
GOOGL Sharpe Ratio Rank: 97
GOOGL Sortino Ratio Rank: 98
GOOGL Omega Ratio Rank: 96
GOOGL Calmar Ratio Rank: 93
GOOGL Martin Ratio Rank: 95

NGD.TO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. NGD.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alphabet Inc. Class A (GOOGL) and New Gold Inc. (NGD.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	NGD.TO	Difference
Sharpe ratio: Return per unit of total volatility	3.62	—	—
Sortino ratio: Return per unit of downside risk	4.92	—	—
Omega ratio: Gain probability vs. loss probability	1.59	—	—
Calmar ratio: Return relative to maximum drawdown	5.20	—	—
Martin ratio: Return relative to average drawdown	18.48	—	—

Drawdowns

Drawdown Indicators

	GOOGL	NGD.TO	Difference
Max Drawdown Largest peak-to-trough decline	-65.29%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-20.37%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-29.81%	—	—
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	-10.61%	—	—
Average Drawdown Average peak-to-trough decline	-13.01%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	5.72%	—	—

Volatility

Volatility by Period

	GOOGL	NGD.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.24%	—	—
Volatility (6M) Calculated over the trailing 6-month period	20.82%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	29.31%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.33%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.13%	—	—

Dividends

GOOGL vs. NGD.TO - Dividend Comparison

GOOGL's dividend yield for the trailing twelve months is around 0.24%, while NGD.TO has not paid dividends to shareholders.

Position	TTM	2025	2024
GOOGL Alphabet Inc. Class A	0.24%	0.27%	0.32%
NGD.TO New Gold Inc.	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both GOOGL and NGD.TO in my portfolio?

GOOGL and NGD.TO have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.