EXPE vs Z: Correlation
Expedia Group (EXPE) and Zillow Group, Inc. - Class C Capital Stock (Z) show a moderate relationship: their 3-year correlation of weekly returns is 0.52.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EXPE and Z?
On 3 years of weekly data the EXPE/Z correlation comes out at 0.52, moderate. Recent behaviour matches the longer record: 0.56 over 1 year against 0.52 over 3. The 5-year figure is 0.45, and annualized covariance runs at 1029.1 %².
Among the 33 assets we track against EXPE, Z ranks #8 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months EXPE outperformed by 109.4 percentage points (+51.5% for EXPE against -57.9% for Z).
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.
EXPE vs Z: side by side
| EXPE (Expedia Group) | Z (Zillow Group, Inc. - Class C Capital Stock) | |
|---|---|---|
| 1-year return | +51.5% | -57.9% |
| 5-year return | +123.9% | -63.1% |
| Volatility (ann.) | 42.7% | 46.2% |
| Beta vs S&P 500 | 1.33 | 1.30 |
| Max drawdown (3Y) | -37.4% | -67.4% |
| Market cap | $38.3B | $8.0B |
| P/E (trailing) | 21.0 | 154.0 |
| Dividend yield | 0.53% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | EXPE | Z |
|---|---|---|
| 2022 | -51.5% | -49.6% |
| 2023 | +73.3% | +79.6% |
| 2024 | +22.8% | +28.0% |
| 2025 | +53.3% | -7.9% |
| 2026 | +13.1% | -48.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EXPE and Z good diversifiers for each other?
Only partially. A correlation of 0.52 means EXPE and Z share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between EXPE and Z?
As of 2026-08-27, the correlation of weekly returns between EXPE and Z is 0.52 over 3 years, 0.56 over 1 year and 0.45 over 5 years.
Is Z a good diversifier for EXPE?
Only partially. A correlation of 0.52 means EXPE and Z share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.52 mean?
On the −1 to +1 scale, 0.52 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/expe-vs-z.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/expe-vs-z/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EXPE correlations · Z correlations
