DOMO vs ZIP: Correlation
How closely do Domo, Inc. (DOMO) and ZipRecruiter, Inc. (ZIP) trade together? Their weekly returns over three years give a correlation of 0.49, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DOMO and ZIP?
Across a 3-year window, the weekly returns of DOMO and ZIP correlate at 0.49, moderate. Little has changed lately, as the 1-year reading of 0.57 lands near the 3-year figure. Stretching to 5 years gives 0.47, with an annualized covariance of 2777.0 %².
In DOMO's tracked universe of 13 assets, ZIP sits right near the top at #2. The last year tells two different stories: ZIP led by 62.7 percentage points, -77.7% for DOMO against -15.0% for ZIP.
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.
DOMO vs ZIP: side by side
| DOMO (Domo, Inc.) | ZIP (ZipRecruiter, Inc.) | |
|---|---|---|
| 1-year return | -77.7% | -15.0% |
| 5-year return | -95.7% | -82.4% |
| Volatility (ann.) | 74.7% | 76.2% |
| Beta vs S&P 500 | 2.02 | 1.99 |
| Max drawdown (3Y) | -89.0% | -89.7% |
| Market cap | $0.2B | $0.4B |
| P/E (trailing) | – | 13.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DOMO | ZIP |
|---|---|---|
| 2022 | -71.3% | -34.2% |
| 2023 | -27.7% | -15.3% |
| 2024 | -31.2% | -47.9% |
| 2025 | +19.1% | -46.1% |
| 2026 | -53.6% | +10.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DOMO and ZIP good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DOMO and ZIP?
Using weekly returns as of 2026-08-27: 0.49 over 3 years, with 0.57 over the last year and 0.47 over 5 years.
Is ZIP a good diversifier for DOMO?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.49 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/domo-vs-zip.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/domo-vs-zip/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DOMO correlations · ZIP correlations
