GOOGL vs. TVE.TO
GOOGL (Alphabet Inc. Class A) and TVE.TO (Tamarack Valley Energy Ltd.) are both stocks. GOOGL operates in Internet Content & Information (Communication Services), while TVE.TO operates in Oil & Gas E&P (Energy). Over the past 10 years, GOOGL returned 25.76%/yr vs 13.91%/yr for TVE.TO. At a 0.15 correlation, their price movements are largely independent.
Performance
GOOGL vs. TVE.TO - Performance Comparison
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Different Trading Currencies
GOOGL is traded in USD, while TVE.TO is traded in CAD. To make them comparable, the TVE.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 TVE.TO's 60.33% return. Over the past 10 years, GOOGL has outperformed TVE.TO with an annualized return of 25.76%, while TVE.TO has yielded a comparatively lower 13.91% annualized 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%
TVE.TO
- 1D
- -2.02%
- 1M
- 2.17%
- YTD
- 60.33%
- 6M
- 65.48%
- 1Y
- 175.70%
- 3Y*
- 60.46%
- 5Y*
- 37.10%
- 10Y*
- 13.91%
GOOGL vs. TVE.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% |
TVE.TO Tamarack Valley Energy Ltd. | 60.33% | 79.86% | 49.62% | -26.57% | 11.76% | 203.30% | -34.96% | -11.61% | -23.88% | -11.34% |
Correlation
The correlation between GOOGL and TVE.TO 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 | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Feb 13, 2008 | 0.15 |
The correlation between GOOGL and TVE.TO shifts across timeframes, from -0.03 (1 year) to 0.17 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
GOOGL:
$4.40T
TVE.TO:
CA$6.38B
GOOGL:
$13.11
TVE.TO:
-CA$0.19
GOOGL:
10.40
TVE.TO:
4.50
GOOGL:
9.19
TVE.TO:
3.62
GOOGL:
$422.57B
TVE.TO:
CA$1.44B
GOOGL:
$255.12B
TVE.TO:
CA$560.03M
GOOGL:
$174.08B
TVE.TO:
CA$596.84M
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Return for Risk
GOOGL vs. TVE.TO — Risk / Return Rank
GOOGL
TVE.TO
GOOGL vs. TVE.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alphabet Inc. Class A (GOOGL) and Tamarack Valley Energy Ltd. (TVE.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 | TVE.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.32 | ||
| Sortino ratioReturn per unit of downside risk | +0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.59 | 1.63 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 5.20 | 16.94 | -11.74 |
| Martin ratioReturn relative to average drawdown | 18.48 | 55.70 | -37.22 |
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Drawdowns
GOOGL vs. TVE.TO - Drawdown Comparison
The maximum GOOGL drawdown since its inception was -65.29%, smaller than the maximum TVE.TO drawdown of -95.93%. Use the drawdown chart below to compare losses from any high point for GOOGL and TVE.TO.
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Drawdown Indicators
| GOOGL | TVE.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.29% | -95.93% | +30.64% |
Max Drawdown (1Y)Largest decline over 1 year | -20.37% | -10.44% | -9.93% |
Max Drawdown (3Y)Largest decline over 3 years | -29.81% | -33.66% | +3.85% |
Max Drawdown (5Y)Largest decline over 5 years | -44.32% | -57.27% | +12.95% |
Max Drawdown (10Y)Largest decline over 10 years | -44.32% | -92.40% | +48.08% |
Current DrawdownCurrent decline from peak | -10.61% | -7.23% | -3.38% |
Average DrawdownAverage peak-to-trough decline | -13.01% | -58.41% | +45.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.72% | 3.17% | +2.55% |
Volatility
GOOGL vs. TVE.TO - Volatility Comparison
The current volatility for Alphabet Inc. Class A (GOOGL) is 7.24%, while Tamarack Valley Energy Ltd. (TVE.TO) has a volatility of 15.47%. This indicates that GOOGL experiences smaller price fluctuations and is considered to be less risky than TVE.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GOOGL | TVE.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.24% | 15.47% | -8.23% |
Volatility (6M)Calculated over the trailing 6-month period | 20.82% | 29.50% | -8.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.31% | 35.92% | -6.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.33% | 44.45% | -13.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.13% | 53.74% | -24.61% |
Dividends
GOOGL vs. TVE.TO - Dividend Comparison
GOOGL's dividend yield for the trailing twelve months is around 0.24%, less than TVE.TO's 1.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
GOOGL Alphabet Inc. Class A | 0.24% | 0.27% | 0.32% | 0.00% | 0.00% |
TVE.TO Tamarack Valley Energy Ltd. | 1.00% | 1.93% | 3.15% | 4.90% | 2.63% |
Financials
GOOGL vs. TVE.TO - Financials Comparison
This section allows you to compare key financial metrics between Alphabet Inc. Class A and Tamarack Valley Energy Ltd.. 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. TVE.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%.
TVE.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tamarack Valley Energy Ltd. reported a gross profit of 182.80M and revenue of 375.55M. Therefore, the gross margin over that period was 48.7%.
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%.
TVE.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tamarack Valley Energy Ltd. reported an operating income of 163.31M and revenue of 375.55M, resulting in an operating margin of 43.5%.
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%.
TVE.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tamarack Valley Energy Ltd. reported a net income of 5.65M and revenue of 375.55M, resulting in a net margin of 1.5%.
Frequently Asked Questions
GOOGL and TVE.TO 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.
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