ZBRA correlations (Zebra Technologies)
Every correlation that matters for ZBRA: the assets it tracks, the ones that offset it, and where it sits among 4756 US stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Information Technology · Electronic Equipment & Instruments
Volatility (ann.)
40.8%
3y weekly
Beta vs S&P 500
1.54
3y weekly
1-year return
+12.3%
price, adjusted
5-year return
-38.2%
price, adjusted
Market cap
$17.1B
latest
P/E ratio
33.0
trailing
Max drawdown
-52.7%
3y, daily closes
ZBRA over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with ZBRA
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| NOVT | Novanta Inc. | 0.63 | |
| MDY | SPDR S&P MidCap 400 ETF | 0.61 | |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.60 | |
| IWM | iShares Russell 2000 ETF | 0.59 | |
| RVT | Royce Small-Cap Trust, Inc. | 0.59 | |
| RH | RH | 0.58 | |
| EVT | Eaton Vance Tax Advantaged Dividend Income Fund | 0.57 | |
| VTI | Vanguard Total Stock Market ETF | 0.57 | |
| RMT | Royce Micro-Cap Trust, Inc. | 0.57 | |
| ASG | Liberty All-Star Growth Fund, Inc. | 0.56 | |
| XLI | Industrial Select Sector SPDR Fund | 0.56 | |
| AVNT | Avient Corporation | 0.56 | |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.56 | |
| BN | Brookfield Corporation Class A Limited Voting Shares | 0.56 | |
| BAM | Brookfield Asset Management Inc Class A Limited Voting | 0.56 |
Best diversifiers for ZBRA
These are the assets whose returns had the least to do with ZBRA's, historically the most independent picks in our universe.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.48 | |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.47 | |
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.42 | |
| REED | Reed's, Inc. | -0.25 | |
| BRN | Barnwell Industries, Inc. | -0.22 | |
| ED | Consolidated Edison | -0.19 | |
| PBK | PowerBank Corporation | -0.18 | |
| BESS | Bimergen Energy Corporation | -0.18 | |
| EXC | Exelon | -0.17 | |
| SEB | Seaboard Corporation | -0.16 |
ZBRA vs benchmarks
ZBRA vs its peers
Get ZBRA data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/zbra.jsonCorrelations, diversifiers, beta and volatility for ZBRA, plus one endpoint per pair. API documentation.
