PLAG vs ZETA: Correlation
Measured on weekly returns over the past three years, Planet Green Holdings Corp. (PLAG) and Zeta Global Holdings Corp. (ZETA) carry a correlation of -0.27, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PLAG and ZETA?
Over the past 3 years, PLAG and ZETA moved with a correlation of -0.27, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.09) than the 3-year average (-0.27). Over 5 years the correlation is -0.14, and the annualized covariance of weekly returns is -3125.8 %².
ZETA is close to the least connected end of PLAG's tracked universe, ranking #20 of 20. Correlation aside, the last 12 months split them widely, with ZETA ahead by 110.8 points (-59.1% versus +51.7%). Note the risk asymmetry: PLAG runs 2.2 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.
PLAG vs ZETA: side by side
| PLAG (Planet Green Holdings Corp.) | ZETA (Zeta Global Holdings Corp.) | |
|---|---|---|
| 1-year return | -59.1% | +51.7% |
| 5-year return | -94.2% | +373.7% |
| Volatility (ann.) | 160.4% | 71.9% |
| Beta vs S&P 500 | -0.67 | 2.30 |
| Max drawdown (3Y) | -93.8% | -70.0% |
| Market cap | – | $7.5B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PLAG | ZETA |
|---|---|---|
| 2022 | -39.2% | -3.0% |
| 2023 | -21.0% | +8.0% |
| 2024 | -46.9% | +104.0% |
| 2025 | -15.8% | +13.1% |
| 2026 | -67.0% | +48.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PLAG and ZETA good diversifiers for each other?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
FAQ
What is the correlation between PLAG and ZETA?
The PLAG/ZETA correlation stands at -0.27 on a 3-year window (1 year: 0.09, 5 years: -0.14), computed from weekly returns as of 2026-08-27.
Is ZETA a good diversifier for PLAG?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
What does a correlation of -0.27 mean?
A reading of -0.27 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/plag-vs-zeta.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/plag-vs-zeta/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PLAG correlations · ZETA correlations
