OSTGX vs. GOOG

Last updated Apr 2, 2026

Compare and contrast key facts about Osterweis Emerging Opportunity Fund (OSTGX) and Alphabet Inc (GOOG).

OSTGX is managed by Osterweis. It was launched on Nov 30, 2016.

Performance

OSTGX vs. GOOG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Osterweis Emerging Opportunity Fund (OSTGX) and Alphabet Inc (GOOG). The values are adjusted to include any dividend payments, if applicable.

OSTGX vs. GOOG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OSTGX Osterweis Emerging Opportunity Fund	-3.78%	0.26%	22.49%	23.98%	-33.00%	-14.83%	83.54%	36.97%	1.33%	26.75%
GOOG Alphabet Inc	-5.96%	65.42%	35.62%	58.83%	-38.67%	65.17%	31.03%	29.10%	-1.03%	35.58%

Returns By Period

In the year-to-date period, OSTGX achieves a -3.78% return, which is significantly higher than GOOG's -5.96% return.

OSTGX

• 1D: 4.82%
• 1M: -6.80%
• YTD: -3.78%
• 6M: -0.53%
• 1Y: 12.34%
• 3Y*: 10.02%
• 5Y*: -3.91%
• 10Y*: —

GOOG

• 1D: 2.80%
• 1M: -3.67%
• YTD: -5.96%
• 6M: 20.27%
• 1Y: 86.25%
• 3Y*: 41.93%
• 5Y*: 22.70%
• 10Y*: 23.01%

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

Return for Risk

OSTGX vs. GOOG — Risk / Return Rank

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

OSTGX

OSTGX Risk / Return Rank: 21
OSTGX Sharpe Ratio Rank: 17
OSTGX Sortino Ratio Rank: 20
OSTGX Omega Ratio Rank: 17
OSTGX Calmar Ratio Rank: 27
OSTGX Martin Ratio Rank: 25

GOOG

GOOG Risk / Return Rank: 94
GOOG Sharpe Ratio Rank: 96
GOOG Sortino Ratio Rank: 96
GOOG Omega Ratio Rank: 94
GOOG Calmar Ratio Rank: 91
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.

OSTGX vs. GOOG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Osterweis Emerging Opportunity Fund (OSTGX) 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.

	OSTGX	GOOG	Difference
Sharpe ratio Return per unit of total volatility	0.54	2.88	-2.33
Sortino ratio Return per unit of downside risk	0.94	3.83	-2.89
Omega ratio Gain probability vs. loss probability	1.12	1.48	-0.35
Calmar ratio Return relative to maximum drawdown	0.92	4.31	-3.39
Martin ratio Return relative to average drawdown	3.11	16.52	-13.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OSTGX vs. GOOG - Sharpe Ratio Comparison

The current OSTGX Sharpe Ratio is 0.54, which is lower than the GOOG Sharpe Ratio of 2.88. The chart below compares the historical Sharpe Ratios of OSTGX and GOOG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	OSTGX	GOOG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.54	2.88	-2.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.16	0.74	-0.90
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.80	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.76	-0.31

Correlation

The correlation between OSTGX and GOOG is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

OSTGX vs. GOOG - Dividend Comparison

OSTGX's dividend yield for the trailing twelve months is around 2.40%, more than GOOG's 0.28% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
OSTGX Osterweis Emerging Opportunity Fund	2.40%	2.31%	0.84%	0.00%	0.00%	0.10%	10.54%	12.79%	8.06%	18.91%
GOOG Alphabet Inc	0.28%	0.26%	0.32%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

OSTGX vs. GOOG - Drawdown Comparison

The maximum OSTGX drawdown since its inception was -53.93%, which is greater than GOOG's maximum drawdown of -44.60%. Use the drawdown chart below to compare losses from any high point for OSTGX and GOOG.

Drawdown Indicators

	OSTGX	GOOG	Difference
Max Drawdown Largest peak-to-trough decline	-53.93%	-44.60%	-9.33%
Max Drawdown (1Y) Largest decline over 1 year	-13.61%	-20.75%	+7.14%
Max Drawdown (5Y) Largest decline over 5 years	-53.93%	-44.60%	-9.33%
Max Drawdown (10Y) Largest decline over 10 years	—	-44.60%	—
Current Drawdown Current decline from peak	-27.38%	-14.44%	-12.94%
Average Drawdown Average peak-to-trough decline	-19.78%	-8.97%	-10.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.04%	5.41%	-1.37%

Volatility

OSTGX vs. GOOG - Volatility Comparison

Osterweis Emerging Opportunity Fund (OSTGX) and Alphabet Inc (GOOG) have volatilities of 9.38% and 9.18%, 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

	OSTGX	GOOG	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.38%	9.18%	+0.20%
Volatility (6M) Calculated over the trailing 6-month period	15.09%	19.48%	-4.39%
Volatility (1Y) Calculated over the trailing 1-year period	24.60%	30.20%	-5.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.68%	30.70%	-6.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.13%	28.74%	-3.61%