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GOOGL vs META: Correlation

Alphabet Inc. (Class A) (GOOGL) and Meta Platforms (META) show a weak relationship: their 3-year correlation of weekly returns is 0.29.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.29
weak
Correlation (1Y)
0.29
last 12 months
Correlation (5Y)
0.42
long-run
Ann. covariance
337.7
%² · weekly, annualized

How correlated are GOOGL and META?

Over the past 3 years, GOOGL and META moved with a correlation of 0.29, which is weak. The relationship has been stable: the 1-year correlation (0.29) sits close to the 3-year figure. Over 5 years the correlation is 0.42, and the annualized covariance of weekly returns is 337.7 %².

Among the 37 assets we track against GOOGL, META ranks #19 by 3-year correlation. Correlation aside, the last 12 months split them widely, with GOOGL ahead by 88.0 points (+64.7% versus -23.3%). The relationship is regime-dependent: the rolling one-year correlation swung between -0.01 and 0.70 over the past three years, so this pair behaves very differently depending on the market environment.

+1.0+0.50-0.5-1.020232026-08-27
One-year correlation, rolled weekly across the last three years.
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 META: side by side

GOOGL (Alphabet Inc. (Class A))META (Meta Platforms)
1-year return+64.7%-23.3%
5-year return+137.7%+51.3%
Volatility (ann.)31.4%36.9%
Beta vs S&P 5001.221.45
Max drawdown (3Y)-29.8%-34.2%
Market cap$4,166.1B$1,454.9B
P/E (trailing)17.221.7
Dividend yield0.25%0.36%
Sector / categoryCommunication ServicesCommunication Services
Lower P/E: GOOGL 17.2 vs 21.7Higher yield: META 0.36% vs 0.25%Smaller drawdown: GOOGL -29.8% vs -34.2%Higher 5y return: GOOGL +137.7% vs +51.3%
-30%0%+71%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). GOOGL · META

Year-by-year returns

YearGOOGLMETA
2022-39.1%-64.2%
2023+58.3%+194.1%
2024+36.0%+66.0%
2025+66.0%+13.1%
2026+9.0%-13.3%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are GOOGL and META good diversifiers for each other?

Reasonably. At 0.29, GOOGL and META keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between GOOGL and META?

The GOOGL/META correlation stands at 0.29 on a 3-year window (1 year: 0.29, 5 years: 0.42), computed from weekly returns as of 2026-08-27.

Is META a good diversifier for GOOGL?

Reasonably. At 0.29, GOOGL and META keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.29 mean?

A reading of 0.29 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

Use this data

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GOOGL vs META: 3-year weekly correlation 0.29GOOGL vs META0.29

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Hubs: GOOGL correlations · META correlations