MOBX vs ZD: Correlation
How closely do Mobix Labs, Inc. (MOBX) and Ziff Davis, Inc. (ZD) trade together? Their weekly returns over three years give a correlation of 0.61, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MOBX and ZD?
On 3 years of weekly data the MOBX/ZD correlation comes out at 0.61, strong. Lately the two have moved closer together, with the 1-year correlation at 0.83 versus 0.61 over 3 years. The 5-year figure is 0.54, and annualized covariance runs at 10653.0 %².
By 3-year correlation, ZD places #5 of the 77 assets tracked against MOBX. Correlation aside, the last 12 months split them widely, with ZD ahead by 135.7 points (-88.0% versus +47.7%). Note the risk asymmetry: MOBX runs 6.4 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
MOBX vs ZD: side by side
| MOBX (Mobix Labs, Inc.) | ZD (Ziff Davis, Inc.) | |
|---|---|---|
| 1-year return | -88.0% | +47.7% |
| 5-year return | -98.8% | -53.5% |
| Volatility (ann.) | 333.1% | 52.4% |
| Beta vs S&P 500 | -0.62 | 1.08 |
| Max drawdown (3Y) | -99.1% | -62.6% |
| Market cap | – | $1.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MOBX | ZD |
|---|---|---|
| 2022 | +3.8% | -28.6% |
| 2023 | -60.6% | -15.1% |
| 2024 | -57.7% | -19.1% |
| 2025 | -84.3% | -35.3% |
| 2026 | -57.3% | +58.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MOBX and ZD good diversifiers for each other?
Somewhat, no more. With 0.61 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between MOBX and ZD?
The MOBX/ZD correlation stands at 0.61 on a 3-year window (1 year: 0.83, 5 years: 0.54), computed from weekly returns as of 2026-08-27.
Is ZD a good diversifier for MOBX?
Somewhat, no more. With 0.61 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.61 mean?
On the −1 to +1 scale, 0.61 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/mobx-vs-zd.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mobx-vs-zd/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MOBX correlations · ZD correlations
