GOOGL vs. SHOP
GOOGL (Alphabet Inc. Class A) and SHOP (Shopify Inc.) are both stocks. GOOGL operates in Internet Content & Information (Communication Services), while SHOP operates in Software - Application (Technology). Over the past 10 years, GOOGL returned 25.05%/yr vs 43.82%/yr for SHOP. At a 0.44 correlation, their price movements are largely independent.
Performance
GOOGL vs. SHOP - Performance Comparison
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Returns By Period
In the year-to-date period, GOOGL achieves a 12.60% return, which is significantly higher than SHOP's -22.67% return. Over the past 10 years, GOOGL has underperformed SHOP with an annualized return of 25.05%, while SHOP has yielded a comparatively higher 43.82% annualized return.
GOOGL
- 1D
- 1.51%
- 1M
- -4.36%
- 6M
- 6.80%
- YTD
- 12.60%
- 1Y
- 90.75%
- 3Y*
- 43.56%
- 5Y*
- 22.73%
- 10Y*
- 25.05%
- ALL TIME*
- 25.38%
SHOP
- 1D
- 0.74%
- 1M
- 14.36%
- 6M
- -20.11%
- YTD
- -22.67%
- 1Y
- -2.04%
- 3Y*
- 23.82%
- 5Y*
- -4.53%
- 10Y*
- 43.82%
- ALL TIME*
- 40.48%
GOOGL vs. SHOP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GOOGL Alphabet Inc. Class A | 12.60% | 65.99% | 36.01% | 58.32% | -39.09% | 65.30% | 30.85% | 28.18% | -0.80% | 32.93% |
SHOP Shopify Inc. | -22.67% | 51.39% | 36.50% | 124.43% | -74.80% | 21.68% | 184.71% | 187.17% | 37.08% | 135.60% |
Correlation
The correlation between GOOGL and SHOP is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since May 21, 2015 | 0.44 |
The correlation between GOOGL and SHOP shifts across timeframes, from 0.34 (1 year) to 0.50 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
GOOGL:
$4.26T
SHOP:
$161.53B
GOOGL:
$13.11
SHOP:
$1.02
GOOGL:
26.85
SHOP:
122.15
GOOGL:
1.32
SHOP:
0.23
GOOGL:
10.18
SHOP:
17.69
GOOGL:
9.00
SHOP:
12.98
GOOGL:
$422.57B
SHOP:
$9.20B
GOOGL:
$255.12B
SHOP:
$5.93B
GOOGL:
$174.08B
SHOP:
$1.60B
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Return for Risk
GOOGL vs. SHOP — Risk / Return Rank
GOOGL
SHOP
GOOGL vs. SHOP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alphabet Inc. Class A (GOOGL) and Shopify Inc. (SHOP). 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 | SHOP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.03 | ||
| Sortino ratioReturn per unit of downside risk | +3.77 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.04 | +0.45 |
| Calmar ratioReturn relative to maximum drawdown | 4.48 | -0.04 | +4.52 |
| Martin ratioReturn relative to average drawdown | 13.64 | -0.08 | +13.73 |
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Drawdowns
GOOGL vs. SHOP - Drawdown Comparison
The maximum GOOGL drawdown since its inception was -65.29%, smaller than the maximum SHOP drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for GOOGL and SHOP.
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Drawdown Indicators
| GOOGL | SHOP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.29% | -84.82% | +19.53% |
Max Drawdown (1Y)Largest decline over 1 year | -20.37% | -46.71% | +26.34% |
Max Drawdown (3Y)Largest decline over 3 years | -29.81% | -46.71% | +16.90% |
Max Drawdown (5Y)Largest decline over 5 years | -44.32% | -84.82% | +40.50% |
Max Drawdown (10Y)Largest decline over 10 years | -44.32% | -84.82% | +40.50% |
Current DrawdownCurrent decline from peak | -12.52% | -30.46% | +17.94% |
Average DrawdownAverage peak-to-trough decline | -13.01% | -28.28% | +15.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.67% | 24.67% | -18.00% |
Volatility
GOOGL vs. SHOP - Volatility Comparison
The current volatility for Alphabet Inc. Class A (GOOGL) is 10.52%, while Shopify Inc. (SHOP) has a volatility of 11.63%. This indicates that GOOGL experiences smaller price fluctuations and is considered to be less risky than SHOP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GOOGL | SHOP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.52% | 11.63% | -1.11% |
Volatility (6M)Calculated over the trailing 6-month period | 22.72% | 44.06% | -21.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.55% | 57.17% | -26.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.67% | 65.63% | -33.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.28% | 59.05% | -29.77% |
Dividends
GOOGL vs. SHOP - Dividend Comparison
GOOGL's dividend yield for the trailing twelve months is around 0.24%, while SHOP has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
GOOGL Alphabet Inc. Class A | 0.24% | 0.27% | 0.32% |
SHOP Shopify Inc. | 0.00% | 0.00% | 0.00% |
Financials
GOOGL vs. SHOP - Financials Comparison
This section allows you to compare key financial metrics between Alphabet Inc. Class A and Shopify Inc.. 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
Frequently Asked Questions
GOOGL and SHOP have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SHOP has higher volatility (11.63%) compared to GOOGL (10.52%). In terms of maximum drawdown, GOOGL dropped -65.29% vs SHOP's -84.82%.
GOOGL currently has the higher Sharpe Ratio (2.99 vs -0.04), 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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