EXPE vs ZG: Correlation
Expedia Group (EXPE) and Zillow Group, Inc. (ZG) 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 ZG?
Over the past 3 years, EXPE and ZG moved with a correlation of 0.52, which is moderate. The relationship has been stable: the 1-year correlation (0.57) sits close to the 3-year figure. Over 5 years the correlation is 0.45, and the annualized covariance of weekly returns is 1037.3 %².
Within EXPE's tracked universe of 33 assets, ZG comes in at #9 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months EXPE outperformed by 107.0 percentage points (+51.5% for EXPE against -55.5% for ZG).
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 ZG: side by side
| EXPE (Expedia Group) | ZG (Zillow Group, Inc.) | |
|---|---|---|
| 1-year return | +51.5% | -55.5% |
| 5-year return | +123.9% | -62.1% |
| Volatility (ann.) | 42.7% | 46.8% |
| Beta vs S&P 500 | 1.33 | 1.28 |
| Max drawdown (3Y) | -37.4% | -66.4% |
| Market cap | $38.3B | $8.2B |
| P/E (trailing) | 21.0 | 158.0 |
| Dividend yield | 0.53% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | EXPE | ZG |
|---|---|---|
| 2022 | -51.5% | -49.8% |
| 2023 | +73.3% | +81.7% |
| 2024 | +22.8% | +24.9% |
| 2025 | +53.3% | -3.7% |
| 2026 | +13.1% | -46.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EXPE and ZG good diversifiers for each other?
Only partially. A correlation of 0.52 means EXPE and ZG 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 ZG?
As of 2026-08-27, the correlation of weekly returns between EXPE and ZG is 0.52 over 3 years, 0.57 over 1 year and 0.45 over 5 years.
Is ZG a good diversifier for EXPE?
Only partially. A correlation of 0.52 means EXPE and ZG 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.
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Related comparisons
Hubs: EXPE correlations · ZG correlations
