GOOG vs IVV: Correlation
Alphabet Inc. (Class C) (GOOG) and iShares Core S&P 500 ETF (IVV) show a moderate relationship: their 3-year correlation of weekly returns is 0.56.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GOOG and IVV?
On 3 years of weekly data the GOOG/IVV correlation comes out at 0.56, moderate. The relationship has been stable: the 1-year correlation (0.59) sits close to the 3-year figure. The 5-year figure is 0.61, and annualized covariance runs at 253.3 %².
Among the 36 assets we track against GOOG, IVV ranks #9 by 3-year correlation. The last year tells two different stories: GOOG led by 42.0 percentage points, +62.7% for GOOG against +20.7% for IVV. Across three years, the rolling one-year figure varied moderately, from 0.41 to 0.67. Risk is not evenly split, since GOOG carries 2.1 times the volatility of the other side.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
GOOG vs IVV: side by side
| GOOG (Alphabet Inc. (Class C)) | IVV (iShares Core S&P 500 ETF) | |
|---|---|---|
| 1-year return | +62.7% | +20.7% |
| 5-year return | +134.2% | +83.0% |
| Volatility (ann.) | 31.1% | 14.5% |
| Beta vs S&P 500 | 1.20 | 1.00 |
| Max drawdown (3Y) | -29.4% | -18.8% |
| Market cap | $4,130.2B | – |
| P/E (trailing) | 17.0 | – |
| Dividend yield | 0.25% | 1.09% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $869.2B |
| Sector / category | Communication Services | ETF · US Large Cap |
IVV is a Large Blend fund from iShares: $869.2B under management, 503 holdings, a 0.03% expense ratio, a 1.09% trailing dividend yield.
Year-by-year returns
| Year | GOOG | IVV |
|---|---|---|
| 2022 | -38.7% | -18.2% |
| 2023 | +58.8% | +26.3% |
| 2024 | +35.6% | +24.9% |
| 2025 | +65.4% | +17.8% |
| 2026 | +7.8% | +13.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
GOOG represents 2.42% of IVV's portfolio, so part of any move in IVV is GOOG itself, and the correlation between them is partly mechanical.
Are GOOG and IVV good diversifiers for each other?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between GOOG and IVV?
The GOOG/IVV correlation stands at 0.56 on a 3-year window (1 year: 0.59, 5 years: 0.61), computed from weekly returns as of 2026-08-27.
Is IVV a good diversifier for GOOG?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.56 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/goog-vs-ivv.json
Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: GOOG correlations · IVV correlations
