FIVN vs ZIP: Correlation
Five9, Inc. (FIVN) and ZipRecruiter, Inc. (ZIP) show a moderate relationship: their 3-year correlation of weekly returns is 0.48.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FIVN and ZIP?
On 3 years of weekly data the FIVN/ZIP correlation comes out at 0.48, moderate. Recent behaviour matches the longer record: 0.50 over 1 year against 0.48 over 3. The 5-year figure is 0.47, and annualized covariance runs at 2040.4 %².
Within FIVN's tracked universe of 23 assets, ZIP comes in at #15 by 3-year correlation. Correlation aside, the last 12 months split them widely, with FIVN ahead by 43.0 points (+28.0% versus -15.0%).
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.
FIVN vs ZIP: side by side
| FIVN (Five9, Inc.) | ZIP (ZipRecruiter, Inc.) | |
|---|---|---|
| 1-year return | +28.0% | -15.0% |
| 5-year return | -81.3% | -82.4% |
| Volatility (ann.) | 55.7% | 76.2% |
| Beta vs S&P 500 | 1.84 | 1.99 |
| Max drawdown (3Y) | -84.1% | -89.7% |
| Market cap | $2.6B | $0.4B |
| P/E (trailing) | 46.7 | 13.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FIVN | ZIP |
|---|---|---|
| 2022 | -50.6% | -34.2% |
| 2023 | +16.0% | -15.3% |
| 2024 | -48.4% | -47.9% |
| 2025 | -50.7% | -46.1% |
| 2026 | +72.4% | +10.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FIVN and ZIP good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between FIVN and ZIP?
As of 2026-08-27, the correlation of weekly returns between FIVN and ZIP is 0.48 over 3 years, 0.50 over 1 year and 0.47 over 5 years.
Is ZIP a good diversifier for FIVN?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.48 mean?
On the −1 to +1 scale, 0.48 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/fivn-vs-zip.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/fivn-vs-zip/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FIVN correlations · ZIP correlations
