T.TO vs. GOOG
T.TO (TELUS Corporation) and GOOG (Alphabet Inc) are both stocks. Both are in the Communication Services sector — T.TO in Telecom Services, GOOG in Internet Content & Information. Over the past 10 years, T.TO returned 12.80%/yr vs 27.05%/yr for GOOG. At a 0.18 correlation, their price movements are largely independent.
Performance
T.TO vs. GOOG - Performance Comparison
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Different Trading Currencies
T.TO is traded in CAD, while GOOG is traded in USD. To make them comparable, the GOOG values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, T.TO achieves a -3.54% return, which is significantly lower than GOOG's 16.60% return. Over the past 10 years, T.TO has underperformed GOOG with an annualized return of 12.80%, while GOOG has yielded a comparatively higher 27.05% annualized return.
T.TO
- 1D
- 0.06%
- 1M
- 1.59%
- YTD
- -3.54%
- 6M
- -1.02%
- 1Y
- -17.01%
- 3Y*
- -6.72%
- 5Y*
- -3.61%
- 10Y*
- 12.80%
GOOG
- 1D
- 0.63%
- 1M
- -7.23%
- YTD
- 16.60%
- 6M
- 17.14%
- 1Y
- 109.87%
- 3Y*
- 44.80%
- 5Y*
- 27.13%
- 10Y*
- 27.05%
T.TO vs. GOOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
T.TO TELUS Corporation | -3.54% | 0.34% | -11.50% | -4.41% | -8.27% | 23.58% | 113.11% | 21.76% | 3.92% | 21.55% |
GOOG Alphabet Inc | 16.60% | 57.87% | 47.10% | 55.05% | -34.79% | 65.09% | 27.92% | 23.78% | 7.29% | 26.40% |
Correlation
The correlation between T.TO and GOOG is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2014 | 0.18 |
The correlation between T.TO and GOOG shifts across timeframes, from -0.01 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.
Fundamentals
T.TO:
CA$25.99B
GOOG:
$4.38T
T.TO:
CA$0.60
GOOG:
$13.11
T.TO:
27.67
GOOG:
27.31
T.TO:
1.26
GOOG:
10.35
T.TO:
1.67
GOOG:
9.16
T.TO:
CA$20.32B
GOOG:
$422.57B
T.TO:
CA$8.88B
GOOG:
$255.12B
T.TO:
CA$7.49B
GOOG:
$174.08B
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Return for Risk
T.TO vs. GOOG — Risk / Return Rank
T.TO
GOOG
T.TO vs. GOOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TELUS Corporation (T.TO) 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.
| T.TO | GOOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.83 | ||
| Sortino ratioReturn per unit of downside risk | -6.42 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 1.61 | -0.79 |
| Calmar ratioReturn relative to maximum drawdown | -0.72 | 5.60 | -6.32 |
| Martin ratioReturn relative to average drawdown | -1.26 | 18.97 | -20.24 |
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Drawdowns
T.TO vs. GOOG - Drawdown Comparison
The maximum T.TO drawdown since its inception was -39.72%, roughly equal to the maximum GOOG drawdown of -39.75%. Use the drawdown chart below to compare losses from any high point for T.TO and GOOG.
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Drawdown Indicators
| T.TO | GOOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.72% | -39.75% | +0.03% |
Max Drawdown (1Y)Largest decline over 1 year | -24.59% | -19.31% | -5.28% |
Max Drawdown (3Y)Largest decline over 3 years | -24.59% | -30.46% | +5.87% |
Max Drawdown (5Y)Largest decline over 5 years | -38.60% | -39.75% | +1.15% |
Max Drawdown (10Y)Largest decline over 10 years | -38.60% | -39.75% | +1.15% |
Current DrawdownCurrent decline from peak | -35.63% | -8.39% | -27.24% |
Average DrawdownAverage peak-to-trough decline | -10.14% | -8.46% | -1.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.06% | 5.69% | +8.37% |
Volatility
T.TO vs. GOOG - Volatility Comparison
The current volatility for TELUS Corporation (T.TO) is 3.35%, while Alphabet Inc (GOOG) has a volatility of 7.63%. This indicates that T.TO experiences smaller price fluctuations and is considered to be less risky 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
| T.TO | GOOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.35% | 7.63% | -4.28% |
Volatility (6M)Calculated over the trailing 6-month period | 13.36% | 20.58% | -7.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.81% | 28.74% | -11.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.44% | 31.73% | -15.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.56% | 29.72% | +3.84% |
Dividends
T.TO vs. GOOG - Dividend Comparison
T.TO's dividend yield for the trailing twelve months is around 10.05%, more than GOOG's 0.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOOG Alphabet Inc | 0.24% | 0.26% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
T.TO TELUS Corporation | 10.05% | 9.14% | 7.99% | 6.17% | 5.19% | 4.27% | 4.70% | 8.96% | 9.28% | 8.27% | 8.61% | 8.78% |
Financials
T.TO vs. GOOG - Financials Comparison
This section allows you to compare key financial metrics between TELUS Corporation 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
T.TO vs. GOOG - Profitability Comparison
T.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, TELUS Corporation reported a gross profit of 824.00M and revenue of 4.99B. Therefore, the gross margin over that period was 16.5%.
GOOG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alphabet Inc reported a gross profit of 68.63B and revenue of 109.90B. Therefore, the gross margin over that period was 62.5%.
T.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, TELUS Corporation reported an operating income of 824.00M and revenue of 4.99B, resulting in an operating margin of 16.5%.
GOOG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alphabet Inc reported an operating income of 39.70B and revenue of 109.90B, resulting in an operating margin of 36.1%.
T.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, TELUS Corporation reported a net income of 136.00M and revenue of 4.99B, resulting in a net margin of 2.7%.
GOOG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alphabet Inc reported a net income of 62.58B and revenue of 109.90B, resulting in a net margin of 56.9%.
Frequently Asked Questions
T.TO and GOOG have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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