HY vs. GOOGL
HY (Hyster-Yale Materials Handling, Inc.) and GOOGL (Alphabet Inc. Class A) are both stocks. HY operates in Farm & Heavy Construction Machinery (Industrials), while GOOGL operates in Internet Content & Information (Communication Services). Over the past 10 years, HY returned -3.79%/yr vs 25.69%/yr for GOOGL. At a 0.27 correlation, their price movements are largely independent.
Performance
HY vs. GOOGL - Performance Comparison
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Returns By Period
In the year-to-date period, HY achieves a 12.17% return, which is significantly lower than GOOGL's 14.26% return. Over the past 10 years, HY has underperformed GOOGL with an annualized return of -3.79%, while GOOGL has yielded a comparatively higher 25.69% annualized return.
HY
- 1D
- 1.84%
- 1M
- -12.10%
- 6M
- 1.67%
- YTD
- 12.17%
- 1Y
- -19.66%
- 3Y*
- -9.18%
- 5Y*
- -11.23%
- 10Y*
- -3.79%
GOOGL
- 1D
- -0.48%
- 1M
- -0.70%
- 6M
- 8.85%
- YTD
- 14.26%
- 1Y
- 98.79%
- 3Y*
- 45.44%
- 5Y*
- 23.48%
- 10Y*
- 25.69%
HY vs. GOOGL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HY Hyster-Yale Materials Handling, Inc. | 12.17% | -39.45% | -16.27% | 153.37% | -35.94% | -29.47% | 3.87% | -2.66% | -25.91% | 35.83% |
GOOGL Alphabet Inc. Class A | 14.26% | 65.99% | 36.01% | 58.32% | -39.09% | 65.30% | 30.85% | 28.18% | -0.80% | 32.93% |
Correlation
The correlation between HY and GOOGL is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2012 | 0.27 |
The correlation between HY and GOOGL shifts across timeframes, from 0.17 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.
Fundamentals
HY:
$579.62M
GOOGL:
$4.32T
HY:
-$5.59
GOOGL:
$13.11
HY:
0.16
GOOGL:
10.33
HY:
1.35
GOOGL:
9.13
HY:
$3.65B
GOOGL:
$422.57B
HY:
$580.60M
GOOGL:
$255.12B
HY:
-$200.00K
GOOGL:
$174.08B
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Return for Risk
HY vs. GOOGL — Risk / Return Rank
HY
GOOGL
HY vs. GOOGL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hyster-Yale Materials Handling, Inc. (HY) and Alphabet Inc. Class A (GOOGL). 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.
| HY | GOOGL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.84 | ||
| Sortino ratioReturn per unit of downside risk | -4.98 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.57 | -0.60 |
| Calmar ratioReturn relative to maximum drawdown | -0.52 | 5.02 | -5.54 |
| Martin ratioReturn relative to average drawdown | -1.05 | 15.88 | -16.93 |
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Drawdowns
HY vs. GOOGL - Drawdown Comparison
The maximum HY drawdown since its inception was -77.61%, which is greater than GOOGL's maximum drawdown of -65.29%. Use the drawdown chart below to compare losses from any high point for HY and GOOGL.
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Drawdown Indicators
| HY | GOOGL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.61% | -65.29% | -12.32% |
Max Drawdown (1Y)Largest decline over 1 year | -38.95% | -20.37% | -18.58% |
Max Drawdown (3Y)Largest decline over 3 years | -66.38% | -29.81% | -36.57% |
Max Drawdown (5Y)Largest decline over 5 years | -69.07% | -44.32% | -24.75% |
Max Drawdown (10Y)Largest decline over 10 years | -77.61% | -44.32% | -33.29% |
Current DrawdownCurrent decline from peak | -61.37% | -11.23% | -50.14% |
Average DrawdownAverage peak-to-trough decline | -37.73% | -13.01% | -24.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.13% | 6.43% | +12.70% |
Volatility
HY vs. GOOGL - Volatility Comparison
Hyster-Yale Materials Handling, Inc. (HY) has a higher volatility of 15.29% compared to Alphabet Inc. Class A (GOOGL) at 9.32%. This indicates that HY's price experiences larger fluctuations and is considered to be riskier than GOOGL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HY | GOOGL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.29% | 9.32% | +5.97% |
Volatility (6M)Calculated over the trailing 6-month period | 36.09% | 21.86% | +14.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.86% | 29.80% | +19.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.28% | 31.55% | +16.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.50% | 29.20% | +17.30% |
Dividends
HY vs. GOOGL - Dividend Comparison
HY's dividend yield for the trailing twelve months is around 4.42%, more than GOOGL's 0.24% 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% |
HY Hyster-Yale Materials Handling, Inc. | 4.42% | 4.81% | 2.70% | 2.09% | 5.10% | 3.13% | 2.13% | 2.14% | 1.99% | 1.41% | 1.83% | 2.15% |
Financials
HY vs. GOOGL - Financials Comparison
This section allows you to compare key financial metrics between Hyster-Yale Materials Handling, Inc. and Alphabet Inc. Class A. 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
HY vs. GOOGL - Profitability Comparison
HY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Hyster-Yale Materials Handling, Inc. reported a gross profit of 124.80M and revenue of 795.20M. Therefore, the gross margin over that period was 15.7%.
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%.
HY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Hyster-Yale Materials Handling, Inc. reported an operating income of -28.00M and revenue of 795.20M, resulting in an operating margin of -3.5%.
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%.
HY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Hyster-Yale Materials Handling, Inc. reported a net income of -30.50M and revenue of 795.20M, resulting in a net margin of -3.8%.
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%.
Frequently Asked Questions
HY and GOOGL have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HY has higher volatility (15.29%) compared to GOOGL (9.32%). In terms of maximum drawdown, HY dropped -77.61% vs GOOGL's -65.29%.
GOOGL currently has the higher Sharpe Ratio (3.43 vs -0.41), 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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