GOOGL vs. ZS
GOOGL (Alphabet Inc. Class A) and ZS (Zscaler, Inc.) are both stocks. GOOGL operates in Internet Content & Information (Communication Services), while ZS operates in Software - Infrastructure (Technology). Over the past 5 years, GOOGL returned 24.46%/yr vs -9.02%/yr for ZS. At a 0.41 correlation, their price movements are largely independent.
Performance
GOOGL vs. ZS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GOOGL achieves a 15.06% return, which is significantly higher than ZS's -42.42% return.
GOOGL
- 1D
- 0.53%
- 1M
- -9.30%
- YTD
- 15.06%
- 6M
- 16.44%
- 1Y
- 106.51%
- 3Y*
- 43.10%
- 5Y*
- 24.46%
- 10Y*
- 25.76%
ZS
- 1D
- 2.70%
- 1M
- -19.58%
- YTD
- -42.42%
- 6M
- -45.18%
- 1Y
- -57.11%
- 3Y*
- -6.33%
- 5Y*
- -9.02%
- 10Y*
- —
GOOGL vs. ZS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
GOOGL Alphabet Inc. Class A | 15.06% | 65.99% | 36.01% | 58.32% | -39.09% | 65.30% | 30.85% | 28.18% | -9.18% |
ZS Zscaler, Inc. | -42.42% | 24.67% | -18.57% | 98.00% | -65.18% | 60.90% | 329.48% | 18.59% | 42.58% |
Correlation
The correlation between GOOGL and ZS is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Mar 16, 2018 | 0.41 |
Over the past year, the correlation between GOOGL and ZS has dropped to 0.19 - well below their long-term average of 0.41, suggesting their price drivers have been diverging.
Fundamentals
GOOGL:
$4.40T
ZS:
$20.82B
GOOGL:
$13.11
ZS:
-$0.49
GOOGL:
10.40
ZS:
6.48
GOOGL:
9.19
ZS:
8.80
GOOGL:
$422.57B
ZS:
$3.17B
GOOGL:
$255.12B
ZS:
$2.43B
GOOGL:
$174.08B
ZS:
$69.08M
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. ZS — Risk / Return Rank
GOOGL
ZS
GOOGL vs. ZS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alphabet Inc. Class A (GOOGL) and Zscaler, Inc. (ZS). 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 | ZS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.59 | ||
| Sortino ratioReturn per unit of downside risk | +6.25 | ||
| Omega ratioGain probability vs. loss probability | 1.59 | 0.79 | +0.80 |
| Calmar ratioReturn relative to maximum drawdown | 5.20 | -0.88 | +6.08 |
| Martin ratioReturn relative to average drawdown | 18.48 | -1.55 | +20.03 |
Loading charts...
Drawdowns
GOOGL vs. ZS - Drawdown Comparison
The maximum GOOGL drawdown since its inception was -65.29%, smaller than the maximum ZS drawdown of -76.41%. Use the drawdown chart below to compare losses from any high point for GOOGL and ZS.
Loading charts...
Drawdown Indicators
| GOOGL | ZS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.29% | -76.41% | +11.12% |
Max Drawdown (1Y)Largest decline over 1 year | -20.37% | -64.89% | +44.52% |
Max Drawdown (3Y)Largest decline over 3 years | -29.81% | -64.89% | +35.08% |
Max Drawdown (5Y)Largest decline over 5 years | -44.32% | -76.41% | +32.09% |
Max Drawdown (10Y)Largest decline over 10 years | -44.32% | — | — |
Current DrawdownCurrent decline from peak | -10.61% | -64.88% | +54.27% |
Average DrawdownAverage peak-to-trough decline | -13.01% | -32.68% | +19.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.72% | 36.90% | -31.18% |
Volatility
GOOGL vs. ZS - Volatility Comparison
The current volatility for Alphabet Inc. Class A (GOOGL) is 7.24%, while Zscaler, Inc. (ZS) has a volatility of 44.34%. This indicates that GOOGL experiences smaller price fluctuations and is considered to be less risky than ZS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GOOGL | ZS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.24% | 44.34% | -37.10% |
Volatility (6M)Calculated over the trailing 6-month period | 20.82% | 57.43% | -36.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.31% | 58.73% | -29.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.33% | 56.07% | -24.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.13% | 58.78% | -29.65% |
Dividends
GOOGL vs. ZS - Dividend Comparison
GOOGL's dividend yield for the trailing twelve months is around 0.24%, while ZS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
GOOGL Alphabet Inc. Class A | 0.24% | 0.27% | 0.32% |
ZS Zscaler, Inc. | 0.00% | 0.00% | 0.00% |
Financials
GOOGL vs. ZS - Financials Comparison
This section allows you to compare key financial metrics between Alphabet Inc. Class A and Zscaler, 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. ZS - 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%.
ZS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Zscaler, Inc. reported a gross profit of 657.82M and revenue of 850.48M. Therefore, the gross margin over that period was 77.4%.
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%.
ZS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Zscaler, Inc. reported an operating income of -29.64M and revenue of 850.48M, resulting in an operating margin of -3.5%.
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%.
ZS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Zscaler, Inc. reported a net income of -13.88M and revenue of 850.48M, resulting in a net margin of -1.6%.
Frequently Asked Questions
GOOGL and ZS have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ZS has higher volatility (44.34%) compared to GOOGL (7.24%). In terms of maximum drawdown, GOOGL dropped -65.29% vs ZS's -76.41%.
GOOGL currently has the higher Sharpe Ratio (3.62 vs -0.97), 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 ZS
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