NTGR vs TZOO: Correlation
NETGEAR, Inc. (NTGR) and Travelzoo (TZOO) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NTGR and TZOO?
Across a 3-year window, the weekly returns of NTGR and TZOO correlate at 0.40, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.04 versus 0.40 over 3 years. Stretching to 5 years gives 0.29, with an annualized covariance of 1273.8 %².
Out of 11 assets tracked against NTGR, TZOO lands near the bottom at #7. On 12-month performance NTGR holds a 12.8-point edge, -19.0% against -31.8%.
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.
NTGR vs TZOO: side by side
| NTGR (NETGEAR, Inc.) | TZOO (Travelzoo) | |
|---|---|---|
| 1-year return | -19.0% | -31.8% |
| 5-year return | -38.5% | -45.0% |
| Volatility (ann.) | 51.4% | 62.1% |
| Beta vs S&P 500 | 1.43 | 0.99 |
| Max drawdown (3Y) | -44.8% | -78.8% |
| Market cap | $0.6B | $0.1B |
| P/E (trailing) | – | 111.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NTGR | TZOO |
|---|---|---|
| 2022 | -38.0% | -52.8% |
| 2023 | -19.5% | +114.2% |
| 2024 | +91.2% | +109.3% |
| 2025 | -12.0% | -64.3% |
| 2026 | -10.4% | -6.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NTGR and TZOO good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between NTGR and TZOO?
The NTGR/TZOO correlation stands at 0.40 on a 3-year window (1 year: 0.04, 5 years: 0.29), computed from weekly returns as of 2026-08-27.
Is TZOO a good diversifier for NTGR?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.40 mean?
On the −1 to +1 scale, 0.40 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/ntgr-vs-tzoo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ntgr-vs-tzoo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: NTGR correlations · TZOO correlations
