LDOS vs ZETA: Correlation
Measured on weekly returns over the past three years, Leidos (LDOS) and Zeta Global Holdings Corp. (ZETA) carry a correlation of 0.53, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LDOS and ZETA?
Over the past 3 years, LDOS and ZETA moved with a correlation of 0.53, which is moderate. Recent behaviour matches the longer record: 0.59 over 1 year against 0.53 over 3. Over 5 years the correlation is 0.42, and the annualized covariance of weekly returns is 1204.4 %².
By 3-year correlation, ZETA places #9 of the 36 assets tracked against LDOS. Their recent paths diverged sharply: over the last 12 months ZETA outperformed by 74.6 percentage points (-22.9% for LDOS against +51.7% for ZETA). Risk is not evenly split, since ZETA carries 2.3 times the volatility of the other side.
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.
LDOS vs ZETA: side by side
| LDOS (Leidos) | ZETA (Zeta Global Holdings Corp.) | |
|---|---|---|
| 1-year return | -22.9% | +51.7% |
| 5-year return | +52.1% | +373.7% |
| Volatility (ann.) | 31.4% | 71.9% |
| Beta vs S&P 500 | 0.87 | 2.30 |
| Max drawdown (3Y) | -49.5% | -70.0% |
| Market cap | $17.6B | $7.5B |
| P/E (trailing) | 12.8 | – |
| Dividend yield | 1.23% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | LDOS | ZETA |
|---|---|---|
| 2022 | +20.0% | -3.0% |
| 2023 | +4.5% | +8.0% |
| 2024 | +34.5% | +104.0% |
| 2025 | +26.5% | +13.1% |
| 2026 | -22.0% | +48.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LDOS and ZETA good diversifiers for each other?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between LDOS and ZETA?
The LDOS/ZETA correlation stands at 0.53 on a 3-year window (1 year: 0.59, 5 years: 0.42), computed from weekly returns as of 2026-08-27.
Is ZETA a good diversifier for LDOS?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.53 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/ldos-vs-zeta.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ldos-vs-zeta/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LDOS correlations · ZETA correlations
