GOOGL vs RDDT: Correlation
Measured on weekly returns over the past three years, Alphabet Inc. (Class A) (GOOGL) and Reddit (RDDT) carry a correlation of 0.34, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GOOGL and RDDT?
On 3 years of weekly data the GOOGL/RDDT correlation comes out at 0.34, moderate. Recent behaviour matches the longer record: 0.34 over 1 year against 0.34 over 3. The 5-year figure is n/a, and annualized covariance runs at 799.9 %².
Among the 37 assets we track against GOOGL, RDDT ranks #17 by 3-year correlation. Correlation aside, the last 12 months split them widely, with GOOGL ahead by 91.8 points (+64.7% versus -27.1%). Stability stands out here, with the rolling one-year correlation confined to 0.28 through 0.47. Risk is not evenly split, since RDDT carries 2.4 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.
GOOGL vs RDDT: side by side
| GOOGL (Alphabet Inc. (Class A)) | RDDT (Reddit) | |
|---|---|---|
| 1-year return | +64.7% | -27.1% |
| 5-year return | +137.7% | n/a |
| Volatility (ann.) | 31.4% | 75.2% |
| Beta vs S&P 500 | 1.22 | 2.59 |
| Max drawdown (3Y) | -29.8% | -61.4% |
| Market cap | $4,166.1B | $29.6B |
| P/E (trailing) | 17.2 | 36.1 |
| Dividend yield | 0.25% | 0.00% |
| Sector / category | Communication Services | Communication Services |
Year-by-year returns
| Year | GOOGL | RDDT |
|---|---|---|
| 2022 | -39.1% | – |
| 2023 | +58.3% | – |
| 2024 | +36.0% | – |
| 2025 | +66.0% | +40.6% |
| 2026 | +9.0% | -33.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GOOGL and RDDT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between GOOGL and RDDT?
As of 2026-08-27, the correlation of weekly returns between GOOGL and RDDT is 0.34 over 3 years, 0.34 over 1 year and n/a over 5 years.
Is RDDT a good diversifier for GOOGL?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.34 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/googl-vs-rddt.json
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[](https://www.pairbook.io/pair/googl-vs-rddt/)
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Related comparisons
Hubs: GOOGL correlations · RDDT correlations
