GOOGL vs. PG
GOOGL (Alphabet Inc. Class A) and PG (The Procter & Gamble Company) are both stocks. GOOGL operates in Internet Content & Information (Communication Services), while PG operates in Household & Personal Products (Consumer Defensive). Over the past 10 years, GOOGL returned 26.10%/yr vs 8.86%/yr for PG. At a 0.25 correlation, their price movements are largely independent.
Performance
GOOGL vs. PG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GOOGL achieves a 17.82% return, which is significantly higher than PG's 3.75% return. Over the past 10 years, GOOGL has outperformed PG with an annualized return of 26.10%, while PG has yielded a comparatively lower 8.86% annualized return.
GOOGL
- 1D
- -0.98%
- 1M
- -7.41%
- YTD
- 17.82%
- 6M
- 14.87%
- 1Y
- 119.85%
- 3Y*
- 42.91%
- 5Y*
- 25.43%
- 10Y*
- 26.10%
PG
- 1D
- 4.09%
- 1M
- -0.92%
- YTD
- 3.75%
- 6M
- 3.65%
- 1Y
- -7.40%
- 3Y*
- 3.11%
- 5Y*
- 4.13%
- 10Y*
- 8.86%
GOOGL vs. PG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GOOGL Alphabet Inc. Class A | 17.82% | 65.99% | 36.01% | 58.32% | -39.09% | 65.30% | 30.85% | 28.18% | -0.80% | 32.93% |
PG The Procter & Gamble Company | 3.75% | -12.26% | 17.25% | -0.86% | -5.05% | 20.52% | 14.15% | 39.70% | 3.57% | 12.69% |
Correlation
The correlation between GOOGL and PG is 0.03, 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 | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Aug 20, 2004 | 0.25 |
Over the past year, the correlation between GOOGL and PG has dropped to 0.03 - well below their long-term average of 0.25, suggesting their price drivers have been diverging.
Fundamentals
GOOGL:
$4.51T
PG:
$354.11B
GOOGL:
$13.11
PG:
$5.23
GOOGL:
28.10
PG:
28.04
GOOGL:
1.38
PG:
6.86
GOOGL:
10.65
PG:
4.11
GOOGL:
9.42
PG:
6.56
GOOGL:
$422.57B
PG:
$86.72B
GOOGL:
$255.12B
PG:
$43.64B
GOOGL:
$174.08B
PG:
$22.63B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GOOGL vs. PG — Risk / Return Rank
GOOGL
PG
GOOGL vs. PG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alphabet Inc. Class A (GOOGL) and The Procter & Gamble Company (PG). 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 | PG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.50 | ||
| Sortino ratioReturn per unit of downside risk | +5.87 | ||
| Omega ratioGain probability vs. loss probability | 1.65 | 0.95 | +0.70 |
| Calmar ratioReturn relative to maximum drawdown | 5.92 | -0.48 | +6.40 |
| Martin ratioReturn relative to average drawdown | 21.69 | -0.83 | +22.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| GOOGL | PG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.10 | -0.40 | +4.50 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | 0.23 | +0.58 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.90 | 0.47 | +0.43 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.84 | 0.46 | +0.38 |
Drawdowns
GOOGL vs. PG - Drawdown Comparison
The maximum GOOGL drawdown since its inception was -65.29%, which is greater than PG's maximum drawdown of -54.25%. Use the drawdown chart below to compare losses from any high point for GOOGL and PG.
Loading charts...
Drawdown Indicators
| GOOGL | PG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.29% | -54.25% | -11.04% |
Max Drawdown (1Y)Largest decline over 1 year | -20.37% | -15.52% | -4.85% |
Max Drawdown (3Y)Largest decline over 3 years | -29.81% | -21.15% | -8.66% |
Max Drawdown (5Y)Largest decline over 5 years | -44.32% | -23.77% | -20.55% |
Max Drawdown (10Y)Largest decline over 10 years | -44.32% | -23.77% | -20.55% |
Current DrawdownCurrent decline from peak | -8.47% | -15.07% | +6.60% |
Average DrawdownAverage peak-to-trough decline | -13.02% | -12.16% | -0.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.55% | 8.89% | -3.34% |
Volatility
GOOGL vs. PG - Volatility Comparison
Alphabet Inc. Class A (GOOGL) has a higher volatility of 8.63% compared to The Procter & Gamble Company (PG) at 7.05%. This indicates that GOOGL's price experiences larger fluctuations and is considered to be riskier than PG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GOOGL | PG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.63% | 7.05% | +1.58% |
Volatility (6M)Calculated over the trailing 6-month period | 20.86% | 15.31% | +5.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.37% | 18.70% | +10.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.31% | 17.79% | +13.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.12% | 19.04% | +10.08% |
Dividends
GOOGL vs. PG - Dividend Comparison
GOOGL's dividend yield for the trailing twelve months is around 0.23%, less than PG's 2.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOOGL Alphabet Inc. Class A | 0.23% | 0.27% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PG The Procter & Gamble Company | 2.91% | 2.91% | 2.36% | 2.55% | 2.38% | 2.08% | 2.24% | 2.37% | 3.09% | 2.98% | 3.18% | 3.31% |
Financials
GOOGL vs. PG - Financials Comparison
This section allows you to compare key financial metrics between Alphabet Inc. Class A and The Procter & Gamble Company. 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. PG - 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%.
PG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported a gross profit of 10.51B and revenue of 21.24B. Therefore, the gross margin over that period was 49.5%.
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%.
PG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported an operating income of 4.58B and revenue of 21.24B, resulting in an operating margin of 21.6%.
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%.
PG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported a net income of 18.50M and revenue of 21.24B, resulting in a net margin of 0.1%.
Frequently Asked Questions
GOOGL and PG have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GOOGL has higher volatility (8.63%) compared to PG (7.05%). In terms of maximum drawdown, GOOGL dropped -65.29% vs PG's -54.25%.
GOOGL currently has the higher Sharpe Ratio (4.10 vs -0.40), 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.
Find the right allocation for GOOGL and PG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer