Correlation
The correlation between TECH and GOOG is 0.53, 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.
TECH vs. GOOG
Compare and contrast key facts about Bio-Techne Corporation (TECH) and Alphabet Inc (GOOG).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TECH or GOOG.
Performance
TECH vs. GOOG - Performance Comparison
Loading data...
Key characteristics
TECH:
-0.98
GOOG:
-0.03
TECH:
-1.47
GOOG:
0.13
TECH:
0.82
GOOG:
1.02
TECH:
-0.63
GOOG:
-0.06
TECH:
-2.11
GOOG:
-0.13
TECH:
19.42%
GOOG:
13.94%
TECH:
40.48%
GOOG:
31.33%
TECH:
-74.39%
GOOG:
-44.60%
TECH:
-63.15%
GOOG:
-16.14%
Fundamentals
TECH:
$7.33B
GOOG:
$2.05T
TECH:
$0.83
GOOG:
$8.95
TECH:
56.36
GOOG:
18.95
TECH:
1.25
GOOG:
1.30
TECH:
6.07
GOOG:
5.70
TECH:
3.63
GOOG:
5.96
TECH:
$1.21B
GOOG:
$359.71B
TECH:
$796.33M
GOOG:
$210.76B
TECH:
$284.25M
GOOG:
$149.88B
Returns By Period
In the year-to-date period, TECH achieves a -32.21% return, which is significantly lower than GOOG's -8.54% return. Over the past 10 years, TECH has underperformed GOOG with an annualized return of 7.54%, while GOOG has yielded a comparatively higher 20.71% annualized return.
TECH
-32.21%
-2.93%
-34.78%
-39.43%
-19.97%
-5.04%
7.54%
GOOG
-8.54%
6.18%
2.20%
-0.87%
15.72%
19.80%
20.71%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
TECH vs. GOOG — Risk-Adjusted Performance Rank
TECH
GOOG
TECH vs. GOOG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bio-Techne Corporation (TECH) 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.
Loading data...
Dividends
TECH vs. GOOG - Dividend Comparison
TECH's dividend yield for the trailing twelve months is around 0.66%, more than GOOG's 0.46% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TECH Bio-Techne Corporation | 0.66% | 0.44% | 0.41% | 0.77% | 0.25% | 0.40% | 0.58% | 0.88% | 0.99% | 1.24% | 1.42% | 1.35% |
GOOG Alphabet Inc | 0.46% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
TECH vs. GOOG - Drawdown Comparison
The maximum TECH drawdown since its inception was -74.39%, which is greater than GOOG's maximum drawdown of -44.60%. Use the drawdown chart below to compare losses from any high point for TECH and GOOG.
Loading data...
Volatility
TECH vs. GOOG - Volatility Comparison
Bio-Techne Corporation (TECH) has a higher volatility of 15.46% compared to Alphabet Inc (GOOG) at 11.09%. This indicates that TECH'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.
Loading data...
Financials
TECH vs. GOOG - Financials Comparison
This section allows you to compare key financial metrics between Bio-Techne 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
TECH vs. GOOG - Profitability Comparison
TECH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Bio-Techne Corporation reported a gross profit of 214.56M and revenue of 316.18M. Therefore, the gross margin over that period was 67.9%.
GOOG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Alphabet Inc reported a gross profit of 53.87B and revenue of 90.23B. Therefore, the gross margin over that period was 59.7%.
TECH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Bio-Techne Corporation reported an operating income of 38.71M and revenue of 316.18M, resulting in an operating margin of 12.2%.
GOOG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Alphabet Inc reported an operating income of 30.61B and revenue of 90.23B, resulting in an operating margin of 33.9%.
TECH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Bio-Techne Corporation reported a net income of 22.59M and revenue of 316.18M, resulting in a net margin of 7.1%.
GOOG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Alphabet Inc reported a net income of 34.54B and revenue of 90.23B, resulting in a net margin of 38.3%.