LAW vs ZIP: Correlation
Measured on weekly returns over the past three years, CS Disco, Inc. (LAW) and ZipRecruiter, Inc. (ZIP) carry a correlation of 0.47, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LAW and ZIP?
Across a 3-year window, the weekly returns of LAW and ZIP correlate at 0.47, moderate. The relationship has been stable: the 1-year correlation (0.55) sits close to the 3-year figure. Stretching to 5 years gives 0.38, with an annualized covariance of 2267.1 %².
Within LAW's tracked universe of 19 assets, ZIP comes in at #7 by 3-year correlation. Neither side won the trailing year by much: -14.4% against -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.
LAW vs ZIP: side by side
| LAW (CS Disco, Inc.) | ZIP (ZipRecruiter, Inc.) | |
|---|---|---|
| 1-year return | -14.4% | -15.0% |
| 5-year return | -91.3% | -82.4% |
| Volatility (ann.) | 62.8% | 76.2% |
| Beta vs S&P 500 | 0.96 | 1.99 |
| Max drawdown (3Y) | -71.7% | -89.7% |
| Market cap | $0.3B | $0.4B |
| P/E (trailing) | – | 13.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LAW | ZIP |
|---|---|---|
| 2022 | -82.3% | -34.2% |
| 2023 | +20.1% | -15.3% |
| 2024 | -34.3% | -47.9% |
| 2025 | +55.5% | -46.1% |
| 2026 | -43.2% | +10.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LAW and ZIP good diversifiers for each other?
Reasonably. At 0.47, LAW and ZIP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between LAW and ZIP?
The LAW/ZIP correlation stands at 0.47 on a 3-year window (1 year: 0.55, 5 years: 0.38), computed from weekly returns as of 2026-08-27.
Is ZIP a good diversifier for LAW?
Reasonably. At 0.47, LAW and ZIP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.47 mean?
A reading of 0.47 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/law-vs-zip.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/law-vs-zip/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LAW correlations · ZIP correlations
