MEDP vs ZOOZ: Correlation
Medpace Holdings, Inc. (MEDP) and ZOOZ Strategy Ltd. (ZOOZ) show a moderate relationship: their 3-year correlation of weekly returns is 0.53.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MEDP and ZOOZ?
Over the past 3 years, MEDP and ZOOZ moved with a correlation of 0.53, which is moderate. The past 12 months show a weaker link (0.17) than the 3-year average (0.53). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 3704.2 %².
Among the 15 assets we track against MEDP, ZOOZ ranks #7 by 3-year correlation. Correlation aside, the last 12 months split them widely, with MEDP ahead by 108.1 points (+29.2% versus -78.9%). Risk is not evenly split, since ZOOZ carries 3.2 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.
MEDP vs ZOOZ: side by side
| MEDP (Medpace Holdings, Inc.) | ZOOZ (ZOOZ Strategy Ltd.) | |
|---|---|---|
| 1-year return | +29.2% | -78.9% |
| 5-year return | +231.5% | n/a |
| Volatility (ann.) | 46.4% | 147.3% |
| Beta vs S&P 500 | 1.04 | 1.83 |
| Max drawdown (3Y) | -39.4% | -93.9% |
| Market cap | $17.1B | $0.1B |
| P/E (trailing) | 36.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MEDP | ZOOZ |
|---|---|---|
| 2022 | -2.4% | – |
| 2023 | +44.3% | – |
| 2024 | +8.4% | – |
| 2025 | +69.1% | -82.1% |
| 2026 | +8.9% | -22.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MEDP and ZOOZ good diversifiers for each other?
To a limited degree. At 0.53 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between MEDP and ZOOZ?
The MEDP/ZOOZ correlation stands at 0.53 on a 3-year window (1 year: 0.17, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is ZOOZ a good diversifier for MEDP?
To a limited degree. At 0.53 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
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/medp-vs-zooz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/medp-vs-zooz/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MEDP correlations · ZOOZ correlations
