ZD vs ZIP: Correlation
Measured on weekly returns over the past three years, Ziff Davis, Inc. (ZD) and ZipRecruiter, Inc. (ZIP) carry a correlation of 0.52, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ZD and ZIP?
Across a 3-year window, the weekly returns of ZD and ZIP correlate at 0.52, moderate. Recent behaviour matches the longer record: 0.54 over 1 year against 0.52 over 3. Stretching to 5 years gives 0.49, with an annualized covariance of 2067.3 %².
By 3-year correlation, ZIP places #5 of the 25 assets tracked against ZD. Correlation aside, the last 12 months split them widely, with ZD ahead by 62.7 points (+47.7% versus -15.0%).
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.
ZD vs ZIP: side by side
| ZD (Ziff Davis, Inc.) | ZIP (ZipRecruiter, Inc.) | |
|---|---|---|
| 1-year return | +47.7% | -15.0% |
| 5-year return | -53.5% | -82.4% |
| Volatility (ann.) | 52.4% | 76.2% |
| Beta vs S&P 500 | 1.08 | 1.99 |
| Max drawdown (3Y) | -62.6% | -89.7% |
| Market cap | $1.9B | $0.4B |
| P/E (trailing) | – | 13.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ZD | ZIP |
|---|---|---|
| 2022 | -28.6% | -34.2% |
| 2023 | -15.1% | -15.3% |
| 2024 | -19.1% | -47.9% |
| 2025 | -35.3% | -46.1% |
| 2026 | +58.8% | +10.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ZD and ZIP good diversifiers for each other?
Only partially. A correlation of 0.52 means ZD and ZIP share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between ZD and ZIP?
The ZD/ZIP correlation stands at 0.52 on a 3-year window (1 year: 0.54, 5 years: 0.49), computed from weekly returns as of 2026-08-27.
Is ZIP a good diversifier for ZD?
Only partially. A correlation of 0.52 means ZD and ZIP share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.52 mean?
On the −1 to +1 scale, 0.52 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/zd-vs-zip.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/zd-vs-zip/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ZD correlations · ZIP correlations
