GOOG vs META: Correlation
How closely do Alphabet Inc. (Class C) (GOOG) and Meta Platforms (META) trade together? Their weekly returns over three years give a correlation of 0.29, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GOOG and META?
Over the past 3 years, GOOG and META moved with a correlation of 0.29, which is weak. Little has changed lately, as the 1-year reading of 0.29 lands near the 3-year figure. Over 5 years the correlation is 0.42, and the annualized covariance of weekly returns is 328.1 %².
Among the 36 assets we track against GOOG, META ranks #19 by 3-year correlation. Correlation aside, the last 12 months split them widely, with GOOG ahead by 86.0 points (+62.7% versus -23.3%). The relationship is regime-dependent: the rolling one-year correlation swung between -0.02 and 0.69 over the past three years, so this pair behaves very differently depending on the market environment.
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 META: side by side
| GOOG (Alphabet Inc. (Class C)) | META (Meta Platforms) | |
|---|---|---|
| 1-year return | +62.7% | -23.3% |
| 5-year return | +134.2% | +51.3% |
| Volatility (ann.) | 31.1% | 36.9% |
| Beta vs S&P 500 | 1.20 | 1.45 |
| Max drawdown (3Y) | -29.4% | -34.2% |
| Market cap | $4,130.2B | $1,454.9B |
| P/E (trailing) | 17.0 | 21.7 |
| Dividend yield | 0.25% | 0.36% |
| Sector / category | Communication Services | Communication Services |
Year-by-year returns
| Year | GOOG | META |
|---|---|---|
| 2022 | -38.7% | -64.2% |
| 2023 | +58.8% | +194.1% |
| 2024 | +35.6% | +66.0% |
| 2025 | +65.4% | +13.1% |
| 2026 | +7.8% | -13.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GOOG and META good diversifiers for each other?
A fair diversifier. At 0.29, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GOOG and META?
Using weekly returns as of 2026-08-27: 0.29 over 3 years, with 0.29 over the last year and 0.42 over 5 years.
Is META a good diversifier for GOOG?
A fair diversifier. At 0.29, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.29 mean?
On the −1 to +1 scale, 0.29 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/goog-vs-meta.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/goog-vs-meta/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GOOG correlations · META correlations
