KEYS vs. GOOGL

Last updated Jun 3, 2026

KEYS (Keysight Technologies, Inc.) and GOOGL (Alphabet Inc Class A) are both stocks. KEYS operates in Scientific & Technical Instruments (Technology), while GOOGL operates in Internet Content & Information (Communication Services). Over the past 10 years, KEYS returned 27.13%/yr vs 25.79%/yr for GOOGL. At a 0.45 correlation, their price movements are largely independent.

Performance

KEYS vs. GOOGL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Keysight Technologies, Inc. (KEYS) and Alphabet Inc Class A (GOOGL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KEYS achieves a 70.56% return, which is significantly higher than GOOGL's 15.69% return. Both investments have delivered pretty close results over the past 10 years, with KEYS having a 27.13% annualized return and GOOGL not far behind at 25.79%.

KEYS

• 1D: 5.02%
• 1M: -1.66%
• YTD: 70.56%
• 6M: 72.08%
• 1Y: 118.85%
• 3Y*: 28.52%
• 5Y*: 19.03%
• 10Y*: 27.13%

GOOGL

• 1D: -3.86%
• 1M: -6.18%
• YTD: 15.69%
• 6M: 14.73%
• 1Y: 114.82%
• 3Y*: 43.04%
• 5Y*: 25.46%
• 10Y*: 25.79%

*Multi-year figures are annualized to reflect compound growth (CAGR)

KEYS vs. GOOGL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KEYS Keysight Technologies, Inc.	70.56%	26.50%	0.97%	-7.00%	-17.16%	56.34%	28.71%	65.32%	49.23%	13.75%
GOOGL Alphabet Inc Class A	15.69%	65.99%	36.01%	58.32%	-39.09%	65.30%	30.85%	28.18%	-0.80%	32.93%

Correlation

The correlation between KEYS and GOOGL is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (3Y) Calculated over the trailing 3-year period	0.34
Correlation (5Y) Calculated over the trailing 5-year period	0.47
Correlation (10Y) Calculated over the trailing 10-year period	0.47
Correlation (All Time) Calculated using the full available price history since Nov 4, 2014	0.45

The correlation between KEYS and GOOGL shifts across timeframes, from 0.33 (1 year) to 0.47 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap KEYS : $59.96B GOOGL : $4.43T
EPS KEYS : $6.07 GOOGL : $13.11
PE Ratio KEYS : 57.10 GOOGL : 27.59
PEG Ratio KEYS : 10.10 GOOGL : 1.36
PS Ratio KEYS : 13.72 GOOGL : 10.46
PB Ratio KEYS : 9.47 GOOGL : 9.25
Total Revenue (TTM) KEYS : $4.37B GOOGL : $422.57B
Gross Profit (TTM) KEYS : $2.70B GOOGL : $255.12B
EBITDA (TTM) KEYS : $997.00M GOOGL : $174.08B

Return for Risk

KEYS vs. GOOGL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KEYS

KEYS Risk / Return Rank: 96
KEYS Sharpe Ratio Rank: 95
KEYS Sortino Ratio Rank: 95
KEYS Omega Ratio Rank: 95
KEYS Calmar Ratio Rank: 96
KEYS Martin Ratio Rank: 97

GOOGL

GOOGL Risk / Return Rank: 96
GOOGL Sharpe Ratio Rank: 97
GOOGL Sortino Ratio Rank: 98
GOOGL Omega Ratio Rank: 96
GOOGL Calmar Ratio Rank: 92
GOOGL Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KEYS vs. GOOGL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Keysight Technologies, Inc. (KEYS) 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.

	KEYS	GOOGL	Difference
Sharpe ratio Return per unit of total volatility	3.09	3.95	-0.86
Sortino ratio Return per unit of downside risk	4.27	5.25	-0.98
Omega ratio Gain probability vs. loss probability	1.56	1.64	-0.07
Calmar ratio Return relative to maximum drawdown	8.62	5.47	+3.15
Martin ratio Return relative to average drawdown	28.39	20.41	+7.98
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KEYS vs. GOOGL - Sharpe Ratio Comparison

The current KEYS Sharpe Ratio is 3.09, which is comparable to the GOOGL Sharpe Ratio of 3.95. The chart below compares the historical Sharpe Ratios of KEYS and GOOGL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	KEYS	GOOGL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.09	3.95	-0.86
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	0.82	-0.23
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.85	0.89	-0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	0.84	-0.11

Drawdowns

KEYS vs. GOOGL - Drawdown Comparison

The maximum KEYS drawdown since its inception was -45.54%, smaller than the maximum GOOGL drawdown of -65.29%. Use the drawdown chart below to compare losses from any high point for KEYS and GOOGL.

Drawdown Indicators

	KEYS	GOOGL	Difference
Max Drawdown Largest peak-to-trough decline	-45.54%	-65.29%	+19.75%
Max Drawdown (1Y) Largest decline over 1 year	-14.00%	-20.37%	+6.37%
Max Drawdown (3Y) Largest decline over 3 years	-31.38%	-29.81%	-1.57%
Max Drawdown (5Y) Largest decline over 5 years	-42.62%	-44.32%	+1.70%
Max Drawdown (10Y) Largest decline over 10 years	-42.62%	-44.32%	+1.70%
Current Drawdown Current decline from peak	-5.48%	-10.13%	+4.65%
Average Drawdown Average peak-to-trough decline	-13.98%	-13.02%	-0.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.25%	5.46%	-1.21%

Volatility

KEYS vs. GOOGL - Volatility Comparison

Keysight Technologies, Inc. (KEYS) has a higher volatility of 10.49% compared to Alphabet Inc Class A (GOOGL) at 8.29%. This indicates that KEYS'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.

Volatility by Period

	KEYS	GOOGL	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.49%	8.29%	+2.20%
Volatility (6M) Calculated over the trailing 6-month period	30.95%	20.62%	+10.33%
Volatility (1Y) Calculated over the trailing 1-year period	38.66%	29.27%	+9.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.72%	31.29%	+1.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.15%	29.11%	+3.04%

Dividends

KEYS vs. GOOGL - Dividend Comparison

KEYS has not paid dividends to shareholders, while GOOGL's dividend yield for the trailing twelve months is around 0.23%.

Position	TTM	2025	2024
GOOGL Alphabet Inc Class A	0.23%	0.27%	0.32%
KEYS Keysight Technologies, Inc.	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both KEYS and GOOGL in my portfolio?

KEYS and GOOGL have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KEYS or GOOGL?

KEYS has higher volatility (10.49%) compared to GOOGL (8.29%). In terms of maximum drawdown, KEYS dropped -45.54% vs GOOGL's -65.29%.

Which has better risk-adjusted returns?

GOOGL currently has the higher Sharpe Ratio (3.95 vs 3.09), 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.