HAE vs. GOOG
HAE (Haemonetics Corporation) and GOOG (Alphabet Inc) are both stocks. HAE operates in Medical Instruments & Supplies (Healthcare), while GOOG operates in Internet Content & Information (Communication Services). Over the past 10 years, HAE returned 9.57%/yr vs 25.82%/yr for GOOG. At a 0.30 correlation, their price movements are largely independent.
Performance
HAE vs. GOOG - Performance Comparison
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Returns By Period
In the year-to-date period, HAE achieves a -4.94% return, which is significantly lower than GOOG's 13.29% return. Over the past 10 years, HAE has underperformed GOOG with an annualized return of 9.57%, while GOOG has yielded a comparatively higher 25.82% annualized return.
HAE
- 1D
- 1.59%
- 1M
- -2.57%
- 6M
- -7.12%
- YTD
- -4.94%
- 1Y
- 0.89%
- 3Y*
- -3.71%
- 5Y*
- 3.72%
- 10Y*
- 9.57%
GOOG
- 1D
- -0.34%
- 1M
- -0.87%
- 6M
- 8.01%
- YTD
- 13.29%
- 1Y
- 96.37%
- 3Y*
- 44.91%
- 5Y*
- 22.55%
- 10Y*
- 25.82%
HAE vs. GOOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HAE Haemonetics Corporation | -4.94% | 2.65% | -8.69% | 8.72% | 48.28% | -55.33% | 3.35% | 14.84% | 72.26% | 44.48% |
GOOG Alphabet Inc | 13.29% | 65.42% | 35.62% | 58.83% | -38.67% | 65.17% | 31.03% | 29.10% | -1.03% | 35.58% |
Correlation
The correlation between HAE and GOOG is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2014 | 0.30 |
The correlation between HAE and GOOG shifts across timeframes, from 0.19 (3 years) to 0.30 (all time), reflecting how their relationship changes across market environments.
Fundamentals
HAE:
$3.46B
GOOG:
$4.32T
HAE:
$2.07
GOOG:
$13.11
HAE:
36.77
GOOG:
27.09
HAE:
0.85
GOOG:
1.33
HAE:
2.68
GOOG:
10.27
HAE:
3.94
GOOG:
9.08
HAE:
$1.33B
GOOG:
$422.57B
HAE:
$787.59M
GOOG:
$255.12B
HAE:
$252.91M
GOOG:
$174.08B
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Return for Risk
HAE vs. GOOG — Risk / Return Rank
HAE
GOOG
HAE vs. GOOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Haemonetics Corporation (HAE) and Alphabet Inc (GOOG). 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.
| HAE | GOOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.44 | ||
| Sortino ratioReturn per unit of downside risk | -4.34 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.56 | -0.51 |
| Calmar ratioReturn relative to maximum drawdown | -0.06 | 4.81 | -4.87 |
| Martin ratioReturn relative to average drawdown | -0.10 | 15.22 | -15.32 |
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Drawdowns
HAE vs. GOOG - Drawdown Comparison
The maximum HAE drawdown since its inception was -68.62%, which is greater than GOOG's maximum drawdown of -44.60%. Use the drawdown chart below to compare losses from any high point for HAE and GOOG.
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Drawdown Indicators
| HAE | GOOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.62% | -44.60% | -24.02% |
Max Drawdown (1Y)Largest decline over 1 year | -40.06% | -20.75% | -19.31% |
Max Drawdown (3Y)Largest decline over 3 years | -51.04% | -29.35% | -21.69% |
Max Drawdown (5Y)Largest decline over 5 years | -51.04% | -44.60% | -6.44% |
Max Drawdown (10Y)Largest decline over 10 years | -68.62% | -44.60% | -24.02% |
Current DrawdownCurrent decline from peak | -45.38% | -10.98% | -34.40% |
Average DrawdownAverage peak-to-trough decline | -23.91% | -8.90% | -15.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.93% | 6.54% | +19.39% |
Volatility
HAE vs. GOOG - Volatility Comparison
Haemonetics Corporation (HAE) and Alphabet Inc (GOOG) have volatilities of 9.65% and 9.73%, 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
| HAE | GOOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.65% | 9.73% | -0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 28.05% | 21.66% | +6.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.89% | 29.43% | +24.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.99% | 31.40% | +8.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.99% | 29.11% | +10.88% |
Dividends
HAE vs. GOOG - Dividend Comparison
HAE has not paid dividends to shareholders, while GOOG's dividend yield for the trailing twelve months is around 0.24%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
GOOG Alphabet Inc | 0.24% | 0.26% | 0.32% |
HAE Haemonetics Corporation | 0.00% | 0.00% | 0.00% |
Financials
HAE vs. GOOG - Financials Comparison
This section allows you to compare key financial metrics between Haemonetics Corporation and Alphabet 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
HAE vs. GOOG - Profitability Comparison
HAE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Haemonetics Corporation reported a gross profit of 209.58M and revenue of 346.35M. Therefore, the gross margin over that period was 60.5%.
GOOG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Alphabet Inc reported a gross profit of 68.63B and revenue of 109.90B. Therefore, the gross margin over that period was 62.5%.
HAE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Haemonetics Corporation reported an operating income of -25.19M and revenue of 346.35M, resulting in an operating margin of -7.3%.
GOOG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Alphabet Inc reported an operating income of 39.70B and revenue of 109.90B, resulting in an operating margin of 36.1%.
HAE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Haemonetics Corporation reported a net income of -20.15M and revenue of 346.35M, resulting in a net margin of -5.8%.
GOOG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Alphabet Inc reported a net income of 62.58B and revenue of 109.90B, resulting in a net margin of 56.9%.
Frequently Asked Questions
HAE and GOOG have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GOOG has higher volatility (9.73%) compared to HAE (9.65%). In terms of maximum drawdown, HAE dropped -68.62% vs GOOG's -44.60%.
GOOG currently has the higher Sharpe Ratio (3.39 vs -0.05), 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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