GOOGL vs IVV: Correlation
Alphabet Inc. (Class A) (GOOGL) 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 GOOGL and IVV?
On 3 years of weekly data the GOOGL/IVV correlation comes out at 0.56, moderate. Little has changed lately, as the 1-year reading of 0.59 lands near the 3-year figure. The 5-year figure is 0.61, and annualized covariance runs at 257.0 %².
Within GOOGL's tracked universe of 37 assets, IVV comes in at #9 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months GOOGL outperformed by 44.0 percentage points (+64.7% for GOOGL against +20.7% for IVV). Across three years, the rolling one-year figure varied moderately, from 0.41 to 0.66. One caveat on sizing: GOOGL is 2.2 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
GOOGL vs IVV: side by side
| GOOGL (Alphabet Inc. (Class A)) | IVV (iShares Core S&P 500 ETF) | |
|---|---|---|
| 1-year return | +64.7% | +20.7% |
| 5-year return | +137.7% | +83.0% |
| Volatility (ann.) | 31.4% | 14.5% |
| Beta vs S&P 500 | 1.22 | 1.00 |
| Max drawdown (3Y) | -29.8% | -18.8% |
| Market cap | $4,166.1B | – |
| P/E (trailing) | 17.2 | – |
| 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 | GOOGL | IVV |
|---|---|---|
| 2022 | -39.1% | -18.2% |
| 2023 | +58.3% | +26.3% |
| 2024 | +36.0% | +24.9% |
| 2025 | +66.0% | +17.8% |
| 2026 | +9.0% | +13.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
GOOGL represents 3.03% of IVV's portfolio, so part of any move in IVV is GOOGL itself, and the correlation between them is partly mechanical.
Are GOOGL 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 GOOGL and IVV?
Using weekly returns as of 2026-08-27: 0.56 over 3 years, with 0.59 over the last year and 0.61 over 5 years.
Is IVV a good diversifier for GOOGL?
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?
On the −1 to +1 scale, 0.56 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/googl-vs-ivv.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/googl-vs-ivv/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GOOGL correlations · IVV correlations
