GOOGL vs. SOBO.TO
GOOGL (Alphabet Inc. Class A) and SOBO.TO (South Bow Corp) are both stocks. GOOGL operates in Internet Content & Information (Communication Services), while SOBO.TO operates in Oil & Gas Midstream (Energy). Over the past year, GOOGL returned 105.30% vs 50.32% for SOBO.TO. At a correlation of -0.08, they often move in opposite directions.
Performance
GOOGL vs. SOBO.TO - Performance Comparison
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Different Trading Currencies
GOOGL is traded in USD, while SOBO.TO is traded in CAD. To make them comparable, the SOBO.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, GOOGL achieves a 15.06% return, which is significantly lower than SOBO.TO's 40.32% 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%
SOBO.TO
- 1D
- 0.96%
- 1M
- 5.83%
- YTD
- 40.32%
- 6M
- 44.41%
- 1Y
- 50.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GOOGL vs. SOBO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GOOGL Alphabet Inc. Class A | 15.06% | 65.99% | 16.78% |
SOBO.TO South Bow Corp | 40.32% | 25.61% | 15.72% |
Correlation
The correlation between GOOGL and SOBO.TO 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 (All Time) Calculated using the full available price history since Sep 25, 2024 | -0.08 |
Fundamentals
GOOGL:
$4.40T
SOBO.TO:
CA$11.12B
GOOGL:
$13.11
SOBO.TO:
$2.03
GOOGL:
27.43
SOBO.TO:
18.81
GOOGL:
1.35
SOBO.TO:
3.47
GOOGL:
10.40
SOBO.TO:
4.37
GOOGL:
9.19
SOBO.TO:
2.99
GOOGL:
$422.57B
SOBO.TO:
$1.82B
GOOGL:
$255.12B
SOBO.TO:
$893.03M
GOOGL:
$174.08B
SOBO.TO:
$851.07M
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Return for Risk
GOOGL vs. SOBO.TO — Risk / Return Rank
GOOGL
SOBO.TO
GOOGL vs. SOBO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alphabet Inc. Class A (GOOGL) and South Bow Corp (SOBO.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 | SOBO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.11 | ||
| Sortino ratioReturn per unit of downside risk | +1.51 | ||
| Omega ratioGain probability vs. loss probability | 1.59 | 1.41 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 5.20 | 3.99 | +1.21 |
| Martin ratioReturn relative to average drawdown | 18.48 | 11.40 | +7.08 |
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Drawdowns
GOOGL vs. SOBO.TO - Drawdown Comparison
The maximum GOOGL drawdown since its inception was -65.29%, which is greater than SOBO.TO's maximum drawdown of -27.09%. Use the drawdown chart below to compare losses from any high point for GOOGL and SOBO.TO.
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Drawdown Indicators
| GOOGL | SOBO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.29% | -27.09% | -38.20% |
Max Drawdown (1Y)Largest decline over 1 year | -20.37% | -12.68% | -7.69% |
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 DrawdownCurrent decline from peak | -10.61% | -0.37% | -10.24% |
Average DrawdownAverage peak-to-trough decline | -13.01% | -4.27% | -8.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.72% | 4.44% | +1.28% |
Volatility
GOOGL vs. SOBO.TO - Volatility Comparison
Alphabet Inc. Class A (GOOGL) and South Bow Corp (SOBO.TO) have volatilities of 7.24% and 7.09%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GOOGL | SOBO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.24% | 7.09% | +0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 20.82% | 14.83% | +5.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.31% | 20.21% | +9.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.33% | 44.59% | -13.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.13% | 44.59% | -15.46% |
Dividends
GOOGL vs. SOBO.TO - Dividend Comparison
GOOGL's dividend yield for the trailing twelve months is around 0.24%, less than SOBO.TO's 5.18% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
GOOGL Alphabet Inc. Class A | 0.24% | 0.27% | 0.32% |
SOBO.TO South Bow Corp | 5.18% | 7.37% | 2.12% |
Financials
GOOGL vs. SOBO.TO - Financials Comparison
This section allows you to compare key financial metrics between Alphabet Inc. Class A and South Bow Corp. 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. SOBO.TO - 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%.
SOBO.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, South Bow Corp reported a gross profit of 91.48M and revenue of 416.07M. Therefore, the gross margin over that period was 22.0%.
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%.
SOBO.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, South Bow Corp reported an operating income of 91.48M and revenue of 416.07M, resulting in an operating margin of 22.0%.
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%.
SOBO.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, South Bow Corp reported a net income of 75.74M and revenue of 416.07M, resulting in a net margin of 18.2%.
Frequently Asked Questions
GOOGL and SOBO.TO 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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