EOLS vs ZIP: Correlation
Evolus, Inc. (EOLS) and ZipRecruiter, Inc. (ZIP) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EOLS and ZIP?
Over the past 3 years, EOLS and ZIP moved with a correlation of 0.42, which is moderate. The past 12 months show a tighter link (0.63) than the 3-year average (0.42). Over 5 years the correlation is 0.32, and the annualized covariance of weekly returns is 2030.3 %².
Among the 10 assets we track against EOLS, ZIP ranks #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months EOLS outperformed by 32.2 percentage points (+17.2% for EOLS 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.
EOLS vs ZIP: side by side
| EOLS (Evolus, Inc.) | ZIP (ZipRecruiter, Inc.) | |
|---|---|---|
| 1-year return | +17.2% | -15.0% |
| 5-year return | -16.1% | -82.4% |
| Volatility (ann.) | 63.5% | 76.2% |
| Beta vs S&P 500 | 1.06 | 1.99 |
| Max drawdown (3Y) | -77.5% | -89.7% |
| Market cap | $0.6B | $0.4B |
| P/E (trailing) | – | 13.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EOLS | ZIP |
|---|---|---|
| 2022 | +15.4% | -34.2% |
| 2023 | +40.2% | -15.3% |
| 2024 | +4.8% | -47.9% |
| 2025 | -39.8% | -46.1% |
| 2026 | +33.5% | +10.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EOLS and ZIP good diversifiers for each other?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between EOLS and ZIP?
Using weekly returns as of 2026-08-27: 0.42 over 3 years, with 0.63 over the last year and 0.32 over 5 years.
Is ZIP a good diversifier for EOLS?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.42 mean?
On the −1 to +1 scale, 0.42 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/eols-vs-zip.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/eols-vs-zip/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EOLS correlations · ZIP correlations
