FIRY vs TZOO: Correlation
Firy Inc. (FIRY) and Travelzoo (TZOO) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FIRY and TZOO?
Over the past 3 years, FIRY and TZOO moved with a correlation of 0.40, which is moderate. The past 12 months show a tighter link (0.62) than the 3-year average (0.40). Over 5 years the correlation is 0.36, and the annualized covariance of weekly returns is 2369.4 %².
By 3-year correlation, TZOO places #7 of the 16 assets tracked against FIRY. Correlation aside, the last 12 months split them widely, with FIRY ahead by 48.0 points (+16.2% versus -31.8%). One caveat on sizing: FIRY is 1.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
FIRY vs TZOO: side by side
| FIRY (Firy Inc.) | TZOO (Travelzoo) | |
|---|---|---|
| 1-year return | +16.2% | -31.8% |
| 5-year return | -95.2% | -45.0% |
| Volatility (ann.) | 95.3% | 62.1% |
| Beta vs S&P 500 | 2.29 | 0.99 |
| Max drawdown (3Y) | -74.9% | -78.8% |
| Market cap | $0.2B | $0.1B |
| P/E (trailing) | – | 111.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FIRY | TZOO |
|---|---|---|
| 2022 | -93.2% | -52.8% |
| 2023 | -38.3% | +114.2% |
| 2024 | -19.4% | +109.3% |
| 2025 | -14.3% | -64.3% |
| 2026 | +136.4% | -6.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FIRY and TZOO good diversifiers for each other?
Reasonably. At 0.40, FIRY and TZOO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between FIRY and TZOO?
Using weekly returns as of 2026-08-27: 0.40 over 3 years, with 0.62 over the last year and 0.36 over 5 years.
Is TZOO a good diversifier for FIRY?
Reasonably. At 0.40, FIRY and TZOO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.40 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/firy-vs-tzoo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/firy-vs-tzoo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FIRY correlations · TZOO correlations
