GOOGL vs. SPGI
GOOGL (Alphabet Inc. Class A) and SPGI (S&P Global Inc.) are both stocks. GOOGL operates in Internet Content & Information (Communication Services), while SPGI operates in Financial Data & Stock Exchanges (Financial Services). Over the past 10 years, GOOGL returned 25.05%/yr vs 16.05%/yr for SPGI. At a 0.41 correlation, their price movements are largely independent.
Performance
GOOGL vs. SPGI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GOOGL achieves a 12.60% return, which is significantly higher than SPGI's -8.87% return. Over the past 10 years, GOOGL has outperformed SPGI with an annualized return of 25.05%, while SPGI has yielded a comparatively lower 16.05% 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%
SPGI
- 1D
- -0.55%
- 1M
- 15.35%
- 6M
- -12.84%
- YTD
- -8.87%
- 1Y
- -8.85%
- 3Y*
- 4.69%
- 5Y*
- 3.46%
- 10Y*
- 16.05%
- ALL TIME*
- 13.43%
GOOGL vs. SPGI - 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% |
SPGI S&P Global Inc. | -8.87% | 5.71% | 13.94% | 32.79% | -28.38% | 44.68% | 21.40% | 62.27% | 1.37% | 59.32% |
Correlation
The correlation between GOOGL and SPGI is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Aug 19, 2004 | 0.41 |
Over the past year, the correlation between GOOGL and SPGI has dropped to 0.11 - well below their long-term average of 0.41, suggesting their price drivers have been diverging.
Fundamentals
GOOGL:
$4.26T
SPGI:
$132.71B
GOOGL:
$13.11
SPGI:
$15.85
GOOGL:
26.85
SPGI:
28.29
GOOGL:
1.32
SPGI:
3.70
GOOGL:
10.18
SPGI:
8.59
GOOGL:
9.00
SPGI:
4.26
GOOGL:
$422.57B
SPGI:
$15.73B
GOOGL:
$255.12B
SPGI:
$8.15B
GOOGL:
$174.08B
SPGI:
$7.83B
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. SPGI — Risk / Return Rank
GOOGL
SPGI
GOOGL vs. SPGI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alphabet Inc. Class A (GOOGL) and S&P Global Inc. (SPGI). 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 | SPGI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.29 | ||
| Sortino ratioReturn per unit of downside risk | +4.33 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 0.97 | +0.53 |
| Calmar ratioReturn relative to maximum drawdown | 4.48 | -0.29 | +4.77 |
| Martin ratioReturn relative to average drawdown | 13.64 | -0.51 | +14.15 |
Loading charts...
Drawdowns
GOOGL vs. SPGI - Drawdown Comparison
The maximum GOOGL drawdown since its inception was -65.29%, smaller than the maximum SPGI drawdown of -74.67%. Use the drawdown chart below to compare losses from any high point for GOOGL and SPGI.
Loading charts...
Drawdown Indicators
| GOOGL | SPGI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.29% | -74.67% | +9.38% |
Max Drawdown (1Y)Largest decline over 1 year | -20.37% | -30.48% | +10.11% |
Max Drawdown (3Y)Largest decline over 3 years | -29.81% | -30.48% | +0.67% |
Max Drawdown (5Y)Largest decline over 5 years | -44.32% | -39.76% | -4.56% |
Max Drawdown (10Y)Largest decline over 10 years | -44.32% | -39.76% | -4.56% |
Current DrawdownCurrent decline from peak | -12.52% | -15.27% | +2.75% |
Average DrawdownAverage peak-to-trough decline | -13.01% | -15.25% | +2.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.67% | 17.44% | -10.77% |
Volatility
GOOGL vs. SPGI - Volatility Comparison
The current volatility for Alphabet Inc. Class A (GOOGL) is 10.52%, while S&P Global Inc. (SPGI) has a volatility of 11.70%. This indicates that GOOGL experiences smaller price fluctuations and is considered to be less risky than SPGI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GOOGL | SPGI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.52% | 11.70% | -1.18% |
Volatility (6M)Calculated over the trailing 6-month period | 22.72% | 26.55% | -3.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.55% | 30.16% | +0.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.67% | 25.06% | +6.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.28% | 26.15% | +3.13% |
Dividends
GOOGL vs. SPGI - Dividend Comparison
GOOGL's dividend yield for the trailing twelve months is around 0.24%, less than SPGI's 5.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SPGI S&P Global Inc. | 5.78% | 0.73% | 0.73% | 0.82% | 0.99% | 0.65% | 0.82% | 0.84% | 1.18% | 0.97% | 1.34% | 1.34% |
Financials
GOOGL vs. SPGI - Financials Comparison
This section allows you to compare key financial metrics between Alphabet Inc. Class A and S&P Global 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
GOOGL vs. SPGI - Profitability Comparison
GOOGL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
SPGI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, S&P Global Inc. reported a gross profit of 0.00 and revenue of 4.17B. Therefore, the gross margin over that period was 0.0%.
GOOGL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 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%.
SPGI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, S&P Global Inc. reported an operating income of 2.00B and revenue of 4.17B, resulting in an operating margin of 48.0%.
GOOGL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 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%.
SPGI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, S&P Global Inc. reported a net income of 1.40B and revenue of 4.17B, resulting in a net margin of 33.5%.
Frequently Asked Questions
GOOGL and SPGI have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SPGI has higher volatility (11.70%) compared to GOOGL (10.52%). In terms of maximum drawdown, GOOGL dropped -65.29% vs SPGI's -74.67%.
GOOGL currently has the higher Sharpe Ratio (2.99 vs -0.29), 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 SPGI
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