GPRO vs ZOOZ: Correlation
GoPro, Inc. (GPRO) and ZOOZ Strategy Ltd. (ZOOZ) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GPRO and ZOOZ?
Across a 3-year window, the weekly returns of GPRO and ZOOZ correlate at 0.50, moderate. The past 12 months show a weaker link (0.31) than the 3-year average (0.50). Stretching to 5 years gives n/a, with an annualized covariance of 7814.8 %².
Few assets follow GPRO as closely as ZOOZ, which ranks #1 of 15 tracked partners. On 12-month performance GPRO holds a 14.5-point edge, -64.4% against -78.9%. One caveat on sizing: ZOOZ 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.
GPRO vs ZOOZ: side by side
| GPRO (GoPro, Inc.) | ZOOZ (ZOOZ Strategy Ltd.) | |
|---|---|---|
| 1-year return | -64.4% | -78.9% |
| 5-year return | -93.9% | n/a |
| Volatility (ann.) | 96.8% | 147.3% |
| Beta vs S&P 500 | 2.84 | 1.83 |
| Max drawdown (3Y) | -87.2% | -93.9% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GPRO | ZOOZ |
|---|---|---|
| 2022 | -51.7% | – |
| 2023 | -30.3% | – |
| 2024 | -68.6% | – |
| 2025 | +29.4% | -82.1% |
| 2026 | -57.1% | -22.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GPRO and ZOOZ good diversifiers for each other?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between GPRO and ZOOZ?
The GPRO/ZOOZ correlation stands at 0.50 on a 3-year window (1 year: 0.31, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is ZOOZ a good diversifier for GPRO?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.50 mean?
A reading of 0.50 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/gpro-vs-zooz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gpro-vs-zooz/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GPRO correlations · ZOOZ correlations
