PACB vs. GOOG
PACB (Pacific Biosciences of California, Inc.) and GOOG (Alphabet Inc) are both stocks. PACB operates in Diagnostics & Research (Healthcare), while GOOG operates in Internet Content & Information (Communication Services). Over the past 10 years, PACB returned -17.53%/yr vs 25.97%/yr for GOOG. At a 0.28 correlation, their price movements are largely independent.
Performance
PACB vs. GOOG - Performance Comparison
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Returns By Period
In the year-to-date period, PACB achieves a -29.95% return, which is significantly lower than GOOG's 14.29% return. Over the past 10 years, PACB has underperformed GOOG with an annualized return of -17.53%, while GOOG has yielded a comparatively higher 25.97% annualized return.
PACB
- 1D
- -2.96%
- 1M
- 8.26%
- YTD
- -29.95%
- 6M
- -38.21%
- 1Y
- 9.17%
- 3Y*
- -54.65%
- 5Y*
- -46.26%
- 10Y*
- -17.53%
GOOG
- 1D
- 0.45%
- 1M
- -8.88%
- YTD
- 14.29%
- 6M
- 15.49%
- 1Y
- 104.22%
- 3Y*
- 42.67%
- 5Y*
- 23.51%
- 10Y*
- 25.97%
PACB vs. GOOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PACB Pacific Biosciences of California, Inc. | -29.95% | 2.19% | -81.35% | 19.93% | -60.02% | -21.13% | 404.67% | -30.54% | 180.30% | -30.53% |
GOOG Alphabet Inc | 14.29% | 65.42% | 35.62% | 58.83% | -38.67% | 65.17% | 31.03% | 29.10% | -1.03% | 35.58% |
Correlation
The correlation between PACB and GOOG 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 | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
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 | 0.28 |
Fundamentals
PACB:
$400.62M
GOOG:
$4.38T
PACB:
-$0.43
GOOG:
$13.11
PACB:
2.47
GOOG:
10.35
PACB:
3.82
GOOG:
9.16
PACB:
$160.03M
GOOG:
$422.57B
PACB:
$59.34M
GOOG:
$255.12B
PACB:
-$146.34M
GOOG:
$174.08B
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Return for Risk
PACB vs. GOOG — Risk / Return Rank
PACB
GOOG
PACB vs. GOOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacific Biosciences of California, Inc. (PACB) 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.
| PACB | GOOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.48 | ||
| Sortino ratioReturn per unit of downside risk | -4.09 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.59 | -0.50 |
| Calmar ratioReturn relative to maximum drawdown | 0.19 | 4.99 | -4.80 |
| Martin ratioReturn relative to average drawdown | 0.36 | 17.56 | -17.20 |
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Drawdowns
PACB vs. GOOG - Drawdown Comparison
The maximum PACB drawdown since its inception was -98.22%, which is greater than GOOG's maximum drawdown of -44.60%. Use the drawdown chart below to compare losses from any high point for PACB and GOOG.
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Drawdown Indicators
| PACB | GOOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.22% | -44.60% | -53.62% |
Max Drawdown (1Y)Largest decline over 1 year | -58.05% | -20.75% | -37.30% |
Max Drawdown (3Y)Largest decline over 3 years | -93.47% | -29.35% | -64.12% |
Max Drawdown (5Y)Largest decline over 5 years | -97.47% | -44.60% | -52.87% |
Max Drawdown (10Y)Largest decline over 10 years | -98.22% | -44.60% | -53.62% |
Current DrawdownCurrent decline from peak | -97.44% | -10.19% | -87.25% |
Average DrawdownAverage peak-to-trough decline | -70.53% | -8.89% | -61.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.69% | 5.88% | +24.81% |
Volatility
PACB vs. GOOG - Volatility Comparison
Pacific Biosciences of California, Inc. (PACB) has a higher volatility of 23.75% compared to Alphabet Inc (GOOG) at 7.29%. This indicates that PACB's price experiences larger fluctuations and is considered to be riskier than GOOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PACB | GOOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.75% | 7.29% | +16.46% |
Volatility (6M)Calculated over the trailing 6-month period | 56.74% | 20.47% | +36.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 88.70% | 28.75% | +59.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 94.39% | 31.15% | +63.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 84.71% | 29.02% | +55.69% |
Dividends
PACB vs. GOOG - Dividend Comparison
PACB 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% |
PACB Pacific Biosciences of California, Inc. | 0.00% | 0.00% | 0.00% |
Financials
PACB vs. GOOG - Financials Comparison
This section allows you to compare key financial metrics between Pacific Biosciences of California, Inc. 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
Frequently Asked Questions
PACB and GOOG 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.
PACB has higher volatility (23.75%) compared to GOOG (7.29%). In terms of maximum drawdown, PACB dropped -98.22% vs GOOG's -44.60%.
GOOG currently has the higher Sharpe Ratio (3.60 vs 0.12), 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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