ORSTED.CO vs. GOOG

Last updated Jun 5, 2026

ORSTED.CO (Ørsted A/S) and GOOG (Alphabet Inc) are both stocks. ORSTED.CO operates in Utilities - Renewable (Utilities), while GOOG operates in Internet Content & Information (Communication Services). Over the past 5 years, ORSTED.CO returned -19.30%/yr vs 26.13%/yr for GOOG. At a 0.08 correlation, their price movements are largely independent.

Performance

ORSTED.CO vs. GOOG - Performance Comparison

The chart below illustrates the hypothetical performance of a DKK 10,000 investment in Ørsted A/S (ORSTED.CO) and Alphabet Inc (GOOG). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ORSTED.CO is traded in DKK, while GOOG is traded in USD. To make them comparable, the GOOG values have been converted to DKK using the latest available exchange rates.

Returns By Period

In the year-to-date period, ORSTED.CO achieves a 31.06% return, which is significantly higher than GOOG's 18.97% return.

ORSTED.CO

• 1D: -3.20%
• 1M: -3.69%
• YTD: 31.06%
• 6M: 16.32%
• 1Y: 8.13%
• 3Y*: -22.11%
• 5Y*: -19.30%
• 10Y*: —

GOOG

• 1D: -0.19%
• 1M: -5.60%
• YTD: 18.97%
• 6M: 14.99%
• 1Y: 115.08%
• 3Y*: 38.97%
• 5Y*: 26.13%
• 10Y*: 26.14%

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

ORSTED.CO vs. GOOG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ORSTED.CO Ørsted A/S	31.06%	-32.10%	-13.38%	-39.38%	-23.30%	-32.05%	83.19%	61.34%	31.69%	29.59%
GOOG Alphabet Inc	18.97%	46.04%	44.63%	54.46%	-34.84%	77.28%	19.76%	32.12%	3.87%	19.03%

Correlation

The correlation between ORSTED.CO and GOOG is 0.09, 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	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.01
Correlation (5Y) Calculated over the trailing 5-year period	0.05
Correlation (All Time) Calculated using the full available price history since Jun 10, 2016	0.08

Return for Risk

ORSTED.CO vs. GOOG — Risk / Return Rank

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

ORSTED.CO

ORSTED.CO Risk / Return Rank: 46
ORSTED.CO Sharpe Ratio Rank: 47
ORSTED.CO Sortino Ratio Rank: 43
ORSTED.CO Omega Ratio Rank: 48
ORSTED.CO Calmar Ratio Rank: 46
ORSTED.CO Martin Ratio Rank: 45

GOOG

GOOG Risk / Return Rank: 96
GOOG Sharpe Ratio Rank: 97
GOOG Sortino Ratio Rank: 98
GOOG Omega Ratio Rank: 96
GOOG Calmar Ratio Rank: 93
GOOG 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.

ORSTED.CO vs. GOOG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ørsted A/S (ORSTED.CO) 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.

	ORSTED.CO	GOOG	Difference
Sharpe ratio: Return per unit of total volatility	0.16	4.05	-3.89
Sortino ratio: Return per unit of downside risk	0.53	5.29	-4.76
Omega ratio: Gain probability vs. loss probability	1.10	1.65	-0.56
Calmar ratio: Return relative to maximum drawdown	0.19	6.22	-6.04
Martin ratio: Return relative to average drawdown	0.35	21.15	-20.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ORSTED.CO vs. GOOG - Sharpe Ratio Comparison

The current ORSTED.CO Sharpe Ratio is 0.16, which is lower than the GOOG Sharpe Ratio of 4.05. The chart below compares the historical Sharpe Ratios of ORSTED.CO and GOOG, 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

	ORSTED.CO	GOOG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.16	4.05	-3.89
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.43	0.85	-1.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.90	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.07	0.86	-0.80

Drawdowns

ORSTED.CO vs. GOOG - Drawdown Comparison

The maximum ORSTED.CO drawdown since its inception was -86.13%, which is greater than GOOG's maximum drawdown of -38.70%. Use the drawdown chart below to compare losses from any high point for ORSTED.CO and GOOG.

Drawdown Indicators

	ORSTED.CO	GOOG	Difference
Max Drawdown Largest peak-to-trough decline	-86.13%	-38.70%	-47.43%
Max Drawdown (1Y) Largest decline over 1 year	-44.47%	-18.60%	-25.87%
Max Drawdown (3Y) Largest decline over 3 years	-73.40%	-34.82%	-38.58%
Max Drawdown (5Y) Largest decline over 5 years	-82.27%	-38.70%	-43.57%
Max Drawdown (10Y) Largest decline over 10 years	—	-38.70%	—
Current Drawdown Current decline from peak	-77.65%	-6.79%	-70.86%
Average Drawdown Average peak-to-trough decline	-33.74%	-8.50%	-25.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.47%	5.46%	+18.01%

Volatility

ORSTED.CO vs. GOOG - Volatility Comparison

Ørsted A/S (ORSTED.CO) and Alphabet Inc (GOOG) have volatilities of 8.24% and 8.21%, 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.

Volatility by Period

	ORSTED.CO	GOOG	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.24%	8.21%	+0.03%
Volatility (6M) Calculated over the trailing 6-month period	27.40%	19.73%	+7.67%
Volatility (1Y) Calculated over the trailing 1-year period	50.33%	28.57%	+21.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.43%	30.88%	+14.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.38%	29.24%	+8.14%

Dividends

ORSTED.CO vs. GOOG - Dividend Comparison

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

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
GOOG Alphabet Inc	0.23%	0.26%	0.32%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ORSTED.CO Ørsted A/S	0.00%	0.00%	0.00%	3.61%	1.98%	1.38%	0.84%	1.42%	2.07%	1.77%

Financials

Frequently Asked Questions

Can I hold both ORSTED.CO and GOOG in my portfolio?

ORSTED.CO and GOOG have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.